Maasatya Merchants Private Limited

Wholesale trading of hardware and sanitary fitting.

2000 | Kolkata, West Bengal (India) | Active
Last Updated: October 24, 2024

Maasatya Merchants Profile

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 5.73 M
  • Company Age 24 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.75 Cr
  • Satisfied Charges ₹ 4.95 Cr
  • Revenue Growth 39.70%
  • Profit Growth 32.77%
  • Ebitda 94.28%
  • Net Worth 10.00%
  • Total Assets -5.54%

About Maasatya Merchants

Maasatya Merchants Private Limited (MMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 May 2000 and has a history of 24 years and eight months. Its registered office is in Kolkata, West Bengal, India.

The Company is engaged in the Metals And Minerals Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 7.50 M and a paid-up capital of Rs 5.73 M.

The company currently has active open charges totaling ₹5.75 Cr. The company has closed loans amounting to ₹4.95 Cr, as per Ministry of Corporate Affairs (MCA) records.

Loknath Dokania, Ankit Dokania, and Arpit Dokania 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

    U51109WB2000PTC091899

  • Company No.

    091899

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 May 2000

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Metals and Minerals

Who are the key members and board of directors at Maasatya Merchants?

Board Members (3)

NameDesignationAppointment DateStatus
Ankit Dokania Country flag representing In Director 25-Jun-2007Current
Loknath Dokania Country flag representing In Director 29-May-2000Current
Arpit Dokania Country flag representing In Director 01-Jan-2011Current

Financial Performance of Maasatya Merchants.

Maasatya Merchants Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 39.7% increase. The company also saw a substantial improvement in profitability, with a 32.77% increase in profit. The company's net worth by .

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
39.70%
Revenue from Operations
39.97%
Total Assets
-5.54%
Profit or Loss
32.77%
Net Worth
10.00%
EBITDA
94.28%

What is the Ownership and Shareholding Structure of Maasatya Merchants?

In 2023, Maasatya Merchants 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

₹57.50 M

Satisfied Charges

₹49.50 M

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 5.75 Cr

Latest Charge Details

DateLenderAmountStatus
14 Jan 2019Yes Bank Limited₹5.75 CrOpen
09 Jun 2017Hdfc Bank Limited₹2.25 CrSatisfied
30 Jul 2014Yes Bank Limited₹1.70 CrSatisfied
07 Jun 2012Hdfc Bank Limited₹1.00 CrSatisfied

How Many Employees Work at Maasatya Merchants?

Unlock and access historical data on people associated with Maasatya Merchants, 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 Maasatya Merchants, 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 Maasatya Merchants'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 Maasatya Merchants

Recent activity within the organization

  • Annual General Meeting

    Maasatya Merchants Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Yes Bank Limited of Rs. 57.50 M registered on 14 Jan 2019 with Charge ID 100235703 was modified on 28 Jun 2023.

    28 Jun 2023

  • Balance Sheet

    Maasatya Merchants Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

  • Charges

    A charge registered on 09 Jun 2017 via Charge ID 100114892 with Hdfc Bank Limited was fully satisfied on 02 Mar 2019.

    02 Mar 2019

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 57.50 M with Charge ID 100235703 was registered on 14 Jan 2019.

    14 Jan 2019

  • Charges

    A charge registered on 30 Jul 2014 via Charge ID 10516640 with Yes Bank Limited was fully satisfied on 18 Jul 2017.

    18 Jul 2017

Frequently asked questions

  • Maasatya Merchants Private Limited was incorporated on 29 May 2000.

  • The authorized share capital of Maasatya Merchants Private Limited is ₹ 7.50 M and paid-up capital is ₹ 5.73 M.

  • Currently 3 directors are associated with Maasatya Merchants Private Limited.

    • Loknath Dokania
    • Ankit Dokania
    • Arpit Dokania
  • As per Ministry of Corporate Affairs (Mca), the registered address of Maasatya Merchants Private Limited is 1B Raja Subodh Mallick Square, 3Rd Floor India, Kolkata, West Bengal, 700013.

  • The corporate identification number (CIN) of Maasatya Merchants Private Limited is U51109WB2000PTC091899 and the company number is 091899 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Maasatya Merchants Private Limited has risen by 39.70%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Maasatya Merchants Private Limited has experienced an upsurge of 10.00%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Maasatya Merchants Private Limited amount to ₹ 5.75 Cr.

  • The most recent Balance Sheet for Maasatya Merchants Private Limited was filed with the ROC on 31 Mar 2023.

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