Mahimna Mercantile Credits Limited

Provides financial services and counseling for industrial enterprises and corporate projects.

1991 | Mumbai, Maharashtra (India) | Active
Last Updated:

Mahimna Mercantile Credits Profile

Key Indicators

  • Authorised Capital ₹ 69.00 Cr
  • Paid Up Capital ₹ 64.15 Cr
  • Company Age 33 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 910.83%
  • Profit Growth -62.51%
  • Ebitda -65.56%
  • Net Worth -0.09%
  • Total Assets -58.47%

About Mahimna Mercantile Credits

Mahimna Mercantile Credits Limited (MMCL) is a Public Limited Indian Non-Government Company incorporated in India on 15 July 1991 and has a history of 33 years and eight months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as V.B.Desai Mercantile Credits Limited. 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 69.00 Cr and a paid-up capital of Rs 64.15 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Mahimna Mercantile Credits Limited India are Imran Shaikh as CFO and Daman Kaur as Company Secretary. Shashank Vijayakar, Sagar Yadav, Antoo Kallan, and Two other members 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

    U99999MH1991PLC062492

  • Company No.

    062492

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    15 Jul 1991

  • Date of AGM

    30 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 Mahimna Mercantile Credits?

Executive Team (3)

NameDesignationAppointment DateStatus
Imran Shaikh Country flag representing In CFO02-May-2019Current
Daman Kaur Company Secretary02-May-2019Current
Manoj Shroff Country flag representing In Managing Director01-Jun-1992Current

Board Members (4)

NameDesignationAppointment DateStatus
Shashank Vijayakar Country flag representing In Director 10-Oct-2017Current
Sagar Yadav Director 01-Oct-2024Current
Antoo Kallan Country flag representing In Director 24-Oct-2019Current
Pradip Shroff Country flag representing In Director 15-Jul-1991Current

Financial Performance of Mahimna Mercantile Credits.

Mahimna Mercantile Credits Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 910.83% increase. The company also saw a substantial fall in profitability, with a 62.51% decrease in profit. The company's net worth dipped by a decrease of 0.09%.

Mahimna Mercantile Credits revenue growth over time
Mahimna Mercantile Credits 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
910.83%
Revenue from Operations
Total Assets
-58.47%
Profit or Loss
-62.51%
Net Worth
-0.09%
EBITDA
-65.56%

What is the Ownership and Shareholding Structure of Mahimna Mercantile Credits?

In 2023, Mahimna Mercantile Credits had a promoter holding of 0.01% and a public holding of 99.99%. 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 Mahimna Mercantile Credits?

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

Employee growth trends for Mahimna Mercantile Credits Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mahimna Mercantile Credits, 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 Mahimna Mercantile Credits'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 Mahimna Mercantile Credits

Recent activity within the organization

  • Director Appointment

    Sagar Yadav was appointed as a Director was appointed as a Director on 01 Oct 2024 & has been associated with this company since 5 months 28 days .

  • Annual General Meeting

    Mahimna Mercantile Credits Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

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

  • Director Appointment

    Antoo Kochappan Kallan was appointed as a Director was appointed as a Director on 24 Oct 2019 & has been associated with this company since 5 years 5 months .

  • Director Appointment

    Shashank Shripad Vijayakar was appointed as a Director was appointed as a Director on 10 Oct 2017 & has been associated with this company since 7 years 5 months .

  • Director Appointment

    Manoj Thakorlal Shroff was appointed as a Managing Director was appointed as a Managing Director on 01 Jun 1992 & has been associated with this company since 32 years 9 months .

Frequently asked questions

  • What is the Incorporation or founding date of Mahimna Mercantile Credits Limited?

    Mahimna Mercantile Credits Limited was incorporated on 15 Jul 1991.

  • What is authorized share capital and paid-up capital of Mahimna Mercantile Credits Limited?

    The authorized share capital of Mahimna Mercantile Credits Limited is ₹ 69.00 Cr and paid-up capital is ₹ 64.15 Cr.

  • Who are the current board members & directors of Mahimna Mercantile Credits Limited?

    Currently 7 directors are associated with Mahimna Mercantile Credits Limited.

    • Shashank Shripad Vijayakar
    • Sagar Yadav
    • Imran Badaruddin Shaikh
    • Daman Preet Kaur
    • Antoo Kochappan Kallan
    • Manoj Thakorlal Shroff
    • Pradip Ratilal Shroff

  • What is the registered address of Mahimna Mercantile Credits Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mahimna Mercantile Credits Limited is 24/26 Cama Building 1St Floor, Dalal Street Fort India, Mumbai, Maharashtra, 400001.

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

    The corporate identification number (CIN) of Mahimna Mercantile Credits Limited is U99999MH1991PLC062492 and the company number is 062492 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Mahimna Mercantile Credits Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Mahimna Mercantile Credits Limited has risen by 910.83%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Mahimna Mercantile Credits Limited has experienced an downturn of -0.09%.

  • When was the last Balance Sheet of Mahimna Mercantile Credits Limited filed with the ROC?

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

People also Viewed