Meenakshi Mercantiles Ltd

Founded in 1985 and headquartered in West Bengal, India.

1985 | Kolkata, West Bengal (India) | Active
Last Updated:

Meenakshi Mercantiles Profile

Key Indicators

  • Authorised Capital ₹ 12.55 Cr
  • Paid Up Capital ₹ 12.24 Cr
  • Company Age 39 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -16.80%
  • Profit Growth 136.25%
  • Ebitda -57.46%
  • Net Worth 49.41%
  • Total Assets 51.45%

About Meenakshi Mercantiles

Meenakshi Mercantiles Ltd (MML) is a leading Public Limited Indian Non-Government Company incorporated in India on 02 July 1985 and has a history of 39 years and eight months. Its registered office is in Kolkata, West Bengal, India.

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 12.55 Cr and a paid-up capital of Rs 12.24 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Meenakshi Mercantiles Ltd India are Jayesh Vora as Cfo, Sumedha Saraogi as Ceo, and Himanshu Jhunjhunwala as Company Secretary. Seema Chandak, Jayesh Vora, Sachchida Pandey, and Two other members 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

    U67120WB1985PLC120157

  • Company No.

    120157

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    02 Jul 1985

  • Date of AGM

    16 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Financial Services

Who are the key members and board of directors at Meenakshi Mercantiles?

Executive Team (3)

NameDesignationAppointment DateStatus
Jayesh Vora Country flag representing In CFO30-Sep-2019Current
Sumedha Saraogi Country flag representing In CEO04-Sep-2015Current
Himanshu Jhunjhunwala Country flag representing In Company Secretary18-May-2023Current

Board Members (4)

NameDesignationAppointment DateStatus
Sachchida Pandey Country flag representing In Director 08-Dec-2014Current
Seema Chandak Country flag representing In Director 31-Jan-2018Current
Jayesh Vora Country flag representing In Whole-Time Director and Cfo 01-Nov-2018Current
Pooja Goenka Country flag representing In Director 14-Aug-2018Current

Financial Performance of Meenakshi Mercantiles.

Meenakshi Mercantiles Ltd, for the financial year ended 2022, experienced significant reduction in revenue, with a 16.8% decrease. The company also saw a substantial improvement in profitability, with a 136.25% increase in profit. The company's net worth Soared by an impressive increase of 49.41%.

Meenakshi Mercantiles revenue growth over time
Meenakshi Mercantiles 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
-16.80%
Revenue from Operations
-17.49%
Total Assets
51.45%
Profit or Loss
136.25%
Net Worth
49.41%
EBITDA
-57.46%

What is the Ownership and Shareholding Structure of Meenakshi Mercantiles?

In 2022, Meenakshi Mercantiles had a promoter holding of 90.40% and a public holding of 9.60%. The company had 3 Associate Companies. 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 Meenakshi Mercantiles?

Meenakshi Mercantiles has a workforce of 11 employees as of Apr 01, 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.

Employee growth trends for Meenakshi Mercantiles Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Meenakshi Mercantiles, 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 Meenakshi Mercantiles'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 Meenakshi Mercantiles

Recent activity within the organization

  • Annual General Meeting

    Meenakshi Mercantiles Ltd last Annual general meeting of members was held on 16 Sep 2024 as per latest MCA records.

  • Balance Sheet

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

  • Director Appointment

    Himanshu Jhunjhunwala was appointed as a Company Secretary was appointed as a Company Secretary on 18 May 2023 & has been associated with this company since 1 year 9 months .

  • Director Appointment

    Jayesh Vora was appointed as a Cfo was appointed as a Cfo on 30 Sep 2019 & has been associated with this company since 5 years 5 months .

  • Director Appointment

    Jayesh Vora was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 01 Nov 2018 & has been associated with this company since 6 years 4 months .

  • Director Appointment

    Pooja Goenka was appointed as a Director was appointed as a Director on 14 Aug 2018 & has been associated with this company since 6 years 6 months .

Frequently asked questions

  • What is the Incorporation or founding date of Meenakshi Mercantiles Ltd?

    Meenakshi Mercantiles Ltd was incorporated on 02 Jul 1985.

  • What is authorized share capital and paid-up capital of Meenakshi Mercantiles Ltd?

    The authorized share capital of Meenakshi Mercantiles Ltd is ₹ 12.55 Cr and paid-up capital is ₹ 12.24 Cr.

  • Who are the current board members & directors of Meenakshi Mercantiles Ltd?

    Currently 8 directors are associated with Meenakshi Mercantiles Ltd.

    • Seema Chandak
    • Jayesh Vora
    • Jayesh Vora
    • Sumedha Saraogi
    • Himanshu Jhunjhunwala
    • Sachchida Nand Pandey
    • Sumedha Saraogi
    • Pooja Goenka

  • What is the registered address of Meenakshi Mercantiles Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Meenakshi Mercantiles Ltd is 504 Woodburn Central 5Th Floor 5A, Bibhabati Bose Sarani India, Kolkata, West Bengal, 700020.

  • What is the corporate identification number (CIN) and company number of Meenakshi Mercantiles Ltd?

    The corporate identification number (CIN) of Meenakshi Mercantiles Ltd is U67120WB1985PLC120157 and the company number is 120157 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Meenakshi Mercantiles Ltd?

    The Official website of Meenakshi Mercantiles Ltd is https://www.mml.ind.in

  • What has been the recent revenue trend for Meenakshi Mercantiles Ltd?

    According to the financial reports for the fiscal year 2022, the revenue trend for Meenakshi Mercantiles Ltd has fallen by -16.80%.

  • How many employees does Meenakshi Mercantiles Ltd currently have?

    As Per 2022 financial reports, 11 employees are currently employed by Meenakshi Mercantiles Ltd.

  • What change has been observed in the net worth of Meenakshi Mercantiles Ltd, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Meenakshi Mercantiles Ltd has experienced an upsurge of 49.41%.

  • When was the last Balance Sheet of Meenakshi Mercantiles Ltd filed with the ROC?

    The most recent Balance Sheet for Meenakshi Mercantiles Ltd was filed with the ROC on 31 Mar 2024.

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