Nidhi Mercantiles Profile
Key Indicators
- Authorised Capital ₹ 1.26 Cr
- Paid Up Capital ₹ 1.26 Cr
- Company Age 40 Year, 13 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 283.03 Cr
- Satisfied Charges ₹ 82.00 Cr
- Revenue Growth -11.45%
- Profit Growth 18.59%
- Ebitda -109.92%
- Net Worth -8.87%
- Total Assets -7.45%
About Nidhi Mercantiles
Nidhi Mercantiles Limited (NML) is a leading Public Limited Indian Non-Government Company incorporated in India on 06 February 1985 and has a history of 40 years. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Metals And Minerals 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 1.26 Cr and a paid-up capital of Rs 1.26 Cr.
The company currently has active open charges totaling ₹283.03 Cr. The company has closed loans amounting to ₹82.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Nidhi Mercantiles Limited India is Neha Jagetia as CFO. Rajendra Kaliya, Kapil Malpani, Sejal Modi, and One other member 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
L51909MH1985PLC138577
- Company No.
138577
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
06 Feb 1985
- Date of AGM
12 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Nidhi Mercantiles?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Neha Jagetia  | CFO | 17-May-2023 | Current |
| Sejal Modi | Managing Director | 12-Feb-2015 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rajendra Kaliya | Director | 21-Aug-2024 | Current |
| Kapil Malpani | Director | 12-Aug-2022 | Current |
| Ladhu Lal | Director | 20-Jan-2007 | Current |
Financial Performance 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Nidhi Mercantiles?
In 2023, Nidhi Mercantiles had a promoter holding of 52.17% and a public holding of 47.83%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Charges (Loans)
₹283.03 Cr
₹82.00 Cr
Charges Breakdown by Lending Institutions
- Others : 283.03 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Nov 2022 | Others | ₹283.03 Cr | Open |
| 15 Jun 2017 | Others | ₹12.00 Cr | Satisfied |
| 06 Mar 2017 | Others | ₹5.00 Cr | Satisfied |
| 12 Jul 2012 | The Peoples Co - Operative Bank Ltd. Hingoli | ₹5.00 Cr | Satisfied |
| 05 Jan 2011 | Uco Bank | ₹20.00 Cr | Satisfied |
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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Nidhi 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 Nidhi Mercantiles'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.
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