Khaitan Mercantile Ltd

Industrial yarn and fabric trading since 1987, based in West Bengal.

1987 | Kolkata, West Bengal (India) | Active
Last Updated: December 17, 2024

Khaitan Mercantile Profile

Key Indicators

  • Authorised Capital ₹ 3.10 Cr
  • Paid Up Capital ₹ 3.06 Cr
  • Company Age 38 Year, 17 Days
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 1.90 Cr
  • Revenue Growth -13.59%
  • Profit Growth 37.76%
  • Ebitda -749.90%
  • Net Worth 1.57%
  • Total Assets 4.53%

About Khaitan Mercantile

Khaitan Mercantile Ltd (KML) is a leading Public Limited Indian Non-Government Company incorporated in India on 28 January 1987 and has a history of 38 years. Its registered office is in Kolkata, West Bengal, India.

The Company is engaged in the Home & Lifestyle 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 3.10 Cr and a paid-up capital of Rs 3.06 Cr.

The company has closed loans amounting to ₹1.90 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Ajay Agrawal, Ramesh Khaitan, and Ashok Khaitan serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51909WB1987PLC109162

  • Company No.

    109162

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    28 Jan 1987

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Home & Lifestyle

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

Board Members (3)

Name Designation Appointment Date Status
Ajay Agrawal Country flag representing In Director 23-Jun-2011 Current
Ramesh Khaitan Country flag representing In Director 28-Jan-1987 Current
Ashok Khaitan Country flag representing In Director 28-Jan-1987 Current

Financial Performance of Khaitan Mercantile.

Khaitan Mercantile Ltd, for the financial year ended 2022, experienced significant reduction in revenue, with a 13.59% decrease. The company also saw a substantial improvement in profitability, with a 37.76% increase in profit. The company's net worth moved up by a moderate rise of 1.57%.

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
-13.59%
Revenue from Operations
-13.65%
Total Assets
4.53%
Profit or Loss
37.76%
Net Worth
1.57%
EBITDA
-749.90%

What is the Ownership and Shareholding Structure of Khaitan Mercantile?

In 2021, Khaitan Mercantile had a promoter holding of 91.01% and a public holding of 8.99%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹1.90 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 1.50 Cr
  • State Bank Of Mysore : 0.40 Cr

Latest Charge Details

Date Lender Amount Status
28 Apr 2014 Hdfc Bank Limited ₹1.50 Cr Satisfied
15 Mar 2005 State Bank Of Mysore ₹4.00 M Satisfied

How Many Employees Work at Khaitan Mercantile?

Unlock and access historical data on people associated with Khaitan 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 Khaitan 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 Khaitan 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 Khaitan Mercantile

Recent activity within the organization

  • Annual General Meeting

    Khaitan Mercantile Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Khaitan Mercantile Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Charges

    A charge registered on 28 Apr 2014 via Charge ID 10487853 with Hdfc Bank Limited was fully satisfied on 01 Jun 2019.

    01 Jun 2019

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.50 Cr with Charge ID 10487853 was registered on 28 Apr 2014.

    28 Apr 2014

  • Charges

    A charge registered on 15 Mar 2005 via Charge ID 90241366 with State Bank Of Mysore was fully satisfied on 11 Feb 2013.

    11 Feb 2013

  • Director Appointment

    Ajay Kumar Agrawal was appointed as a Director was appointed as a Director on 23 Jun 2011 & has been associated with this company since 13 years 7 months .

    23 Jun 2011

Frequently asked questions

  • Khaitan Mercantile Ltd was incorporated on 28 Jan 1987.

  • The authorized share capital of Khaitan Mercantile Ltd is ₹ 3.10 Cr and paid-up capital is ₹ 3.06 Cr.

  • Currently 3 directors are associated with Khaitan Mercantile Ltd.

    • Ajay Kumar Agrawal
    • Ramesh Kumar Khaitan
    • Ashok Khaitan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Khaitan Mercantile Ltd is 159 Rabindra Sarani 4Th Floor, India, Kolkata, West Bengal, 700007.

  • The corporate identification number (CIN) of Khaitan Mercantile Ltd is U51909WB1987PLC109162 and the company number is 109162 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Khaitan Mercantile Ltd has fallen by -13.59%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Khaitan Mercantile Ltd has experienced an upsurge of 1.57%.

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

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