Highpower Mercantile Limited

Provides financial and related services, collects rent and interest, incorporated in 1989.

1989 | Mumbai, Maharashtra (India) | Active
Last Updated: January 01, 2025

Highpower Mercantile Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 35 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -21.61%
  • Profit Growth 62.13%
  • Ebitda 74.18%
  • Net Worth -6.92%
  • Total Assets -1.85%

About Highpower Mercantile

Highpower Mercantile Limited (HML) is a Public Limited Indian Non-Government Company incorporated in India on 26 June 1989 and has a history of 35 years and seven months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 1.00 M, as per Ministry of Corporate Affairs (MCA) records.

Sanjay Maheshwari, Pravin Parab, and Nirmalkumar Murarka serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31100MH1989PLC052356

  • Company No.

    052356

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    26 Jun 1989

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Highpower Mercantile?

Board Members (3)

NameDesignationAppointment DateStatus
Nirmalkumar Murarka Country flag representing In Director 13-Dec-2019Current
Sanjay Maheshwari Country flag representing In Director 15-Oct-2022Current
Pravin Parab Country flag representing In Director 17-May-2024Current

Financial Performance of Highpower Mercantile.

Highpower Mercantile Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 21.61% decrease. The company also saw a substantial improvement in profitability, with a 62.13% increase in profit. The company's net worth dipped by a decrease of 6.92%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-21.61%
Revenue from Operations
-18.38%
Total Assets
-1.85%
Profit or Loss
62.13%
Net Worth
-6.92%
EBITDA
74.18%

What is the Ownership and Shareholding Structure of Highpower Mercantile?

In 2019, Highpower Mercantile had a promoter holding of 45.50% and a public holding of 54.50%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Highpower Mercantile?

Unlock and access historical data on people associated with Highpower Mercantile, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Highpower Mercantile, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Highpower Mercantile's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Highpower Mercantile

Recent activity within the organization

  • Annual General Meeting

    Highpower Mercantile Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

    28 Sep 2024

  • Director Appointment

    Pravin Prabhakar Parab was appointed as a Director was appointed as a Director on 17 May 2024 & has been associated with this company since 9 months 7 days .

    17 May 2024

  • Balance Sheet

    Highpower Mercantile Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Sanjay Maheshwari was appointed as a Director was appointed as a Director on 15 Oct 2022 & has been associated with this company since 2 years 4 months .

    15 Oct 2022

  • Director Appointment

    Nirmalkumar Murarka was appointed as a Director was appointed as a Director on 13 Dec 2019 & has been associated with this company since 5 years 2 months .

    13 Dec 2019

  • Company Incorporation

    Highpower Mercantile Limited was registered on 26 Jun 1989 with Roc Mumbai & aged 35 years 7 months as per MCA records.

    26 Jun 1989

Frequently asked questions

  • Highpower Mercantile Limited was incorporated on 26 Jun 1989.

  • The authorized share capital of Highpower Mercantile Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 3 directors are associated with Highpower Mercantile Limited.

    • Sanjay Maheshwari
    • Pravin Prabhakar Parab
    • Nirmalkumar Murarka
  • As per Ministry of Corporate Affairs (Mca), the registered address of Highpower Mercantile Limited is 11 Cama Industrial Estate Goregaon (East), India, Mumbai, Maharashtra, 400063.

  • The corporate identification number (CIN) of Highpower Mercantile Limited is U31100MH1989PLC052356 and the company number is 052356 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Highpower Mercantile Limited has fallen by -21.61%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Highpower Mercantile Limited has experienced an downturn of -6.92%.

  • The most recent Balance Sheet for Highpower Mercantile Limited was filed with the ROC on 31 Mar 2024.

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