Mercantile And Industrial Development Co Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
as on 15-05-2024
- Paid Up Capital ₹ 8.09 M
as on 15-05-2024
- Company Age 75 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 360.55 Cr
as on 15-05-2024
- Revenue -84.94%
(FY 2020)
- Profit 73.63%
(FY 2020)
- Ebitda -34.02%
(FY 2020)
- Net Worth -4.70%
(FY 2020)
- Total Assets -7.16%
(FY 2020)
About Mercantile And Industrial Development Co
The Company is engaged in the Machinery And Equipment 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 5.00 Cr and a paid-up capital of Rs 8.09 M.
The company has closed loans amounting to ₹360.55 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Priya Kothari, Himanshu Munim, and Mana Arup serve as directors at the Company.
- CIN/LLPIN
U29300MH1949PLC007872
- Company No.
007872
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
12 Nov 1949
- 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 Mercantile And Industrial Development Co?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Priya Kothari  | Director | 12-Dec-2020 | Current |
Himanshu Munim  | Director | 27-Apr-2017 | Current |
| Mana Arup | Director | 12-Dec-2020 | Current |
Financial Performance and Corporate Structure Insights of Mercantile And Industrial Development Co.
Mercantile And Industrial Development Co Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 84.94% decrease. The company also saw a substantial improvement in profitability, with a 73.63% increase in profit. The company's net worth dipped by a decrease of 4.7%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Mercantile And Industrial Development Co?
In 2018, Mercantile And Industrial Development Co had a promoter holding of 100.00%. The company had 1 Subsidiary, 1 Joint Venture and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 23 Dec 2016 | ₹168.00 Cr | Satisfied |
Kotak Mahindra Prime Limited Creation Date: 31 Jan 2014 | ₹1.27 M | Satisfied |
Hdfc Bank Limited Creation Date: 21 Nov 2013 | ₹2.40 M | Satisfied |
How Many Employees Work at Mercantile And Industrial Development Co?
Unlock and access historical data on people associated with Mercantile And Industrial Development Co, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Mercantile And Industrial Development Co, 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 Mercantile And Industrial Development Co'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.
