Leela Mercantile Private Limited

Trading and distribution of consumer goods since 1985, based in Chandigarh.

1985 | U T, Chandigarh (India) | Active
Last Updated:

Leela Mercantile Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.20 M
  • Company Age 40 Year, 1 Day
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.04 Cr
  • Revenue Growth 8.50%
  • Profit Growth 470.74%
  • Ebitda -54.41%
  • Net Worth 47.75%
  • Total Assets 2.61%

About Leela Mercantile

Leela Mercantile Private Limited (LMPL) is a Private Limited Indian Non-Government Company incorporated in India on 11 March 1985 and has a history of 40 years. Its registered office is in U T, Chandigarh.

The Company is engaged in the Trading 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 2.50 M and a paid-up capital of Rs 2.20 M.

The company currently has active open charges totaling ₹1.04 Cr.

Jai Gulati, Ajay Gulati, Sandeep Gulati, and One other member serve as directors at the Company.

Company Details

  • Location U T, Chandigarh
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U15419CH1985PTC006171

  • Company No.

    006171

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Mar 1985

  • Date of AGM

    16 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Other Industry
Trading
Company report

Leela Mercantile Private Limited

Explore comprehensive data for Leela Mercantile Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Subhash Gulati Country flag representing In Managing Director01-Jan-2002Current

Board Members (3)

NameDesignationAppointment DateStatus
Jai Gulati Country flag representing In Director 01-Aug-2011Current
Ajay Gulati Country flag representing In Director 02-Dec-2013Current
Sandeep Gulati Country flag representing In Director 20-Jan-1996Current

Financial Performance of Leela Mercantile.

Leela Mercantile Private Limited, for the financial year ended 2019, experienced modest growth in revenue, with a 8.5% increase. The company also saw a substantial improvement in profitability, with a 470.74% increase in profit. The company's net worth Soared by an impressive increase of 47.75%.

Leela Mercantile revenue growth over time
Leela Mercantile 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
8.50%
Revenue from Operations
9.42%
Total Assets
2.61%
Profit or Loss
470.74%
Net Worth
47.75%
EBITDA
-54.41%

What is the Ownership and Shareholding Structure of Leela Mercantile?

In 2019, Leela Mercantile had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹10.40 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • The Karnataka Bank Ltd : 0.38 Cr
  • Karnataka Bank Ltd. : 0.33 Cr
  • New Bank Of India : 0.20 Cr
  • The Karntaka Bank Limited : 0.10 Cr
  • Panjab National Bank : 0.04 Cr

Latest Charge Details

DateLenderAmountStatus
21 Dec 2020Karnataka Bank Ltd.₹2.80 MOpen
10 Jun 2004Karnataka Bank Ltd.₹0.50 MOpen
11 Jan 2000The Karnataka Bank Ltd₹1.00 MOpen
18 Sep 1996The Karnataka Bank Ltd₹0.40 MOpen
18 Sep 1996The Karnataka Bank Ltd₹0.40 MOpen

How Many Employees Work at Leela Mercantile?

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

Employee growth trends for Leela Mercantile Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Leela 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 Leela 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 Leela Mercantile

Recent activity within the organization

  • Annual General Meeting

    Leela Mercantile Private Limited last Annual general meeting of members was held on 16 Aug 2024 as per latest MCA records.

  • Balance Sheet

    Leela Mercantile Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

  • Charges

    A charge with Karnataka Bank Ltd. amounted to Rs. 2.80 M with Charge ID 100404414 was registered on 21 Dec 2020.

  • Charges

    A charge with Karnataka Bank Ltd. of Rs. 0.50 M registered on 10 Jun 2004 with Charge ID 90178551 was modified on 12 Feb 2014.

  • Director Appointment

    Ajay Gulati was appointed as a Director was appointed as a Director on 02 Dec 2013 & has been associated with this company since 11 years 3 months .

  • Director Appointment

    Jai Gulati was appointed as a Director was appointed as a Director on 01 Aug 2011 & has been associated with this company since 13 years 7 months .

Frequently asked questions

  • What is the Incorporation or founding date of Leela Mercantile Private Limited?

    Leela Mercantile Private Limited was incorporated on 11 Mar 1985.

  • What is authorized share capital and paid-up capital of Leela Mercantile Private Limited?

    The authorized share capital of Leela Mercantile Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.20 M.

  • Who are the current board members & directors of Leela Mercantile Private Limited?

    Currently 4 directors are associated with Leela Mercantile Private Limited.

    • Jai Gulati
    • Ajay Gulati
    • Sandeep Gulati
    • Subhash Gulati
  • What is the registered address of Leela Mercantile Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Leela Mercantile Private Limited is H No 18Sector 9 A India, U T, Chandigarh.

  • What is the corporate identification number (CIN) and company number of Leela Mercantile Private Limited?

    The corporate identification number (CIN) of Leela Mercantile Private Limited is U15419CH1985PTC006171 and the company number is 006171 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Leela Mercantile Private Limited?

    According to the financial reports for the fiscal year 2019, the revenue trend for Leela Mercantile Private Limited has risen by 8.50%.

  • What change has been observed in the net worth of Leela Mercantile Private Limited, and by what percentage?

    The financial reports for the fiscal year 2019 indicates that The net worth of Leela Mercantile Private Limited has experienced an upsurge of 47.75%.

  • What are the total open charges for Leela Mercantile Private Limited?

    As per the financial statements for fiscal Year 2019, The total open charges for Leela Mercantile Private Limited amount to ₹ 1.04 Cr.

  • When was the last Balance Sheet of Leela Mercantile Private Limited filed with the ROC?

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

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