Mercantile Marketing India Private Limited

Sells mobile phones from top brands, established in 2004 in Guwahati, Assam.

2004 | Kamrup, Assam (India) | Active
Last Updated: December 26, 2024

Mercantile Marketing India Profile

Key Indicators

  • Authorised Capital ₹ 1.75 Cr
  • Paid Up Capital ₹ 1.61 Cr
  • Company Age 20 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 30.00 Cr
  • Satisfied Charges ₹ 56.50 Cr
  • Revenue Growth -98.47%
  • Profit Growth 9.20%
  • Ebitda -115.44%
  • Net Worth 1.97%
  • Total Assets 0.69%

About Mercantile Marketing India

Mercantile Marketing India Private Limited (MMIPL) is a Private Limited Indian Non-Government Company incorporated in India on 26 March 2004 and has a history of 20 years and ten months. Its registered office is in Kamrup, Assam, India.

The Company is engaged in the Consumer Electronics & Durables 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 1.75 Cr and a paid-up capital of Rs 1.61 Cr.

The company currently has active open charges totaling ₹30.00 Cr. The company has closed loans amounting to ₹56.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rajiv Jain and Sanjiv Jain serve as directors at the Company.

Company Details

  • Location

    Kamrup, Assam, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51109AS2004PTC007375

  • Company No.

    007375

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Mar 2004

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Shillong

Industry

Consumer Electronics & Durables

Who are the key members and board of directors at Mercantile Marketing India?

Board Members (2)

Name Designation Appointment Date Status
Rajiv Jain Country flag representing In Director 26-Mar-2004 Current
Sanjiv Jain Country flag representing In Director 26-Mar-2004 Current

Financial Performance of Mercantile Marketing India.

Mercantile Marketing India Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 98.47% decrease. The company also saw a slight improvement in profitability, with a 9.2% increase in profit. The company's net worth moved up by a moderate rise of 1.97%.

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
-98.47%
Revenue from Operations
Total Assets
0.69%
Profit or Loss
9.20%
Net Worth
1.97%
EBITDA
-115.44%

What is the Ownership and Shareholding Structure of Mercantile Marketing India?

In 2021, Mercantile Marketing India had a promoter holding of 21.68% and a public holding of 78.32%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹30.00 Cr

Satisfied Charges

₹56.50 Cr

Charges Breakdown by Lending Institutions

  • Standard Chartered Bank : 30.00 Cr

Latest Charge Details

Date Lender Amount Status
27 Sep 2018 Standard Chartered Bank ₹30.00 Cr Open
19 May 2017 Standard Chartered Bank ₹20.00 Cr Satisfied
22 May 2012 Hdfc Bank Limited ₹32.00 Cr Satisfied
29 Mar 2006 State Bank Of India ₹4.50 Cr Satisfied

How Many Employees Work at Mercantile Marketing India?

Mercantile Marketing India has a workforce of 2 employees as of Mar 27, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mercantile Marketing India, 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 Marketing India'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 Mercantile Marketing India

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Mercantile Marketing India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Shillong.

    31 Mar 2024

  • Charges

    A charge registered on 19 May 2017 via Charge ID 100106231 with Standard Chartered Bank was fully satisfied on 21 Oct 2021.

    21 Oct 2021

  • Charges

    A charge registered on 22 May 2012 via Charge ID 10358683 with Hdfc Bank Limited was fully satisfied on 01 Oct 2020.

    01 Oct 2020

  • Charges

    A charge with Standard Chartered Bank of Rs. 30.00 Cr registered on 27 Sep 2018 with Charge ID 100223010 was modified on 25 Feb 2019.

    25 Feb 2019

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 30.00 Cr with Charge ID 100223010 was registered on 27 Sep 2018.

    27 Sep 2018

Frequently asked questions

  • Mercantile Marketing India Private Limited was incorporated on 26 Mar 2004.

  • The authorized share capital of Mercantile Marketing India Private Limited is ₹ 1.75 Cr and paid-up capital is ₹ 1.61 Cr.

  • Currently 2 directors are associated with Mercantile Marketing India Private Limited.

    • Rajiv Jain
    • Sanjiv Kumar Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mercantile Marketing India Private Limited is Mercantile Tower 64 Udayachal Path Gmch Road, Christian Basti India, Guwahati, Assam, 781005.

  • The corporate identification number (CIN) of Mercantile Marketing India Private Limited is U51109AS2004PTC007375 and the company number is 007375 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Mercantile Marketing India Private Limited has fallen by -98.47%.

  • As Per 2021 financial reports, 2 employees are currently employed by Mercantile Marketing India Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Mercantile Marketing India Private Limited has experienced an upsurge of 1.97%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Mercantile Marketing India Private Limited amount to ₹ 30.00 Cr.

  • The most recent Balance Sheet for Mercantile Marketing India Private Limited was filed with the ROC on 31 Mar 2024.