Nidhi Mercantiles Limited

Nidhi Mercantiles Limited

Trading of cotton, fibrous material, engineering goods, cast iron items, metal scrap, and TMT bars.
1985 | Mumbai, Maharashtra (India) | Active

Last Updated:

June 22, 2024
HomeCompanyNidhi Mercantiles Limited

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

Executive Team (2)

NameDesignationAppointment DateStatus
Neha Jagetia InCFO17-May-2023Current
Sejal Modi InManaging Director12-Feb-2015Current

Board Members(3)

NameDesignationAppointment DateStatus
Ladhu Lal In Director 20-Jan-2007Current
Ramesh Banger In Director 02-Feb-2009Current
Kapil Malpani In Director 12-Aug-2022Current

Financial Performance and Corporate Structure Insights of Nidhi Mercantiles.

Nidhi Mercantiles Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 11.45% decrease. The company also saw a substantial improvement in profitability, with a 18.59% increase in profit. The company's net worth dipped by a decrease of 8.87%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-11.45%
Revenue from Operations
-45.57%
Total Assets
-7.45%
Profit or Loss
18.59%
Net Worth
-8.87%
EBITDA
-109.92%

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Charges (Loans)

Open Charges Satisfied Charges

₹283.03 Cr

₹82.00 Cr

LenderAmountStatus

Others

Creation Date: 29 Nov 2022
₹283.03 CrOpen

Others

Creation Date: 15 Jun 2017
₹12.00 CrSatisfied

Others

Creation Date: 06 Mar 2017
₹5.00 CrSatisfied

How Many Employees Work at Nidhi Mercantiles?

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

Employee Graph

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Rating

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Latest Updates, News, and FAQs on Nidhi Mercantiles

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 283.03 Cr registered on 29 Nov 2022 with Charge ID 100654741 was modified on 12 Feb 2024.

    12 Feb 2024

  • Annual General Meeting

    Nidhi Mercantiles Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Director Appointment

    Neha Jagetia was appointed as a Cfo was appointed as a Cfo on 17 May 2023 & has been associated with this company since 1 year 5 months .

    17 May 2023

  • Balance Sheet

    Nidhi Mercantiles Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 283.03 Cr with Charge ID 100654741 was registered on 29 Nov 2022.

    29 Nov 2022

  • Director Appointment

    Kapil Malpani was appointed as a Director was appointed as a Director on 12 Aug 2022 & has been associated with this company since 2 years 3 months .

    12 Aug 2022

Frequently asked questions

  • Nidhi Mercantiles Limited was incorporated on 06 Feb 1985.

  • The authorized share capital of Nidhi Mercantiles Limited is ₹ 1.26 Cr and paid-up capital is ₹ 1.26 Cr.

  • Currently 5 directors are associated with Nidhi Mercantiles Limited.

    • Ladhu Soni Lal
    • Ramesh Chandra Banger
    • Neha Jagetia
    • Kapil Malpani
    • Sejal Sagar Modi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Nidhi Mercantiles Limited is B/306-309 Dynasty Business Park, Opp. Sangam Cinema A. K. Road Andheri (E), Mumbai, Maharashtra, India, 400059.

  • The corporate identification number (CIN) of Nidhi Mercantiles Limited is L51909MH1985PLC138577 and the company number is 138577 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Nidhi Mercantiles Limited is https://www.nidhi.net.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Nidhi Mercantiles Limited has fallen by -11.45%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Nidhi Mercantiles Limited has experienced an downturn of -8.87%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Nidhi Mercantiles Limited amount to ₹ 283.03 Cr.

  • The most recent Balance Sheet for Nidhi Mercantiles Limited was filed with the ROC on 31 Mar 2023.

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