Magnificent Mercantile Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
as on 11-07-2024
- Paid Up Capital ₹ 2.75 Cr
as on 11-07-2024
- Company Age 32 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 79.14 Cr
as on 11-07-2024
- Revenue 11.10%
(FY 2021)
- Profit 113.33%
(FY 2021)
- Ebitda 17.21%
(FY 2021)
- Net Worth 74.80%
(FY 2021)
- Total Assets 107.65%
(FY 2021)
About Magnificent Mercantile
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 2023. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 2.75 Cr.
The company has closed loans amounting to ₹79.14 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Darshitkumar Parikh and Bhavin Shah serve as directors at the Company.
- CIN/LLPIN
U51900MH1992PTC066485
- Company No.
066485
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
23 Apr 1992
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Magnificent Mercantile?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Darshitkumar Parikh  | Director | 01-Dec-2004 | Current |
| Bhavin Shah | Director | 05-Feb-2008 | Current |
Financial Performance of Magnificent Mercantile.
Magnificent Mercantile Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 11.1% increase. The company also saw a substantial improvement in profitability, with a 113.33% increase in profit. The company's net worth Soared by an impressive increase of 74.8%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Magnificent Mercantile?
In 2020, Magnificent 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.
Related Corporates (Common Directorship)
Rajbala Impex Private LimitedActive 32 years 8 monthsDarshitkumar Parikh and Bhavin Shah are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
State Bank Of India Creation Date: 17 Feb 2016 | ₹60.75 Cr | Satisfied |
Reliance Capital Ltd Creation Date: 19 Nov 2015 | ₹6.50 M | Satisfied |
Sundaram Finance Limited Creation Date: 31 Oct 2013 | ₹1.22 Cr | Satisfied |
How Many Employees Work at Magnificent Mercantile?
Magnificent Mercantile has a workforce of 4 employees as of Mar 23, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Magnificent 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 Magnificent Mercantile's trajectory.
Rating
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
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.
