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:

November 17, 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
Rajendra Kaliya In Director 21-Aug-2024Current
Kapil Malpani In Director 12-Aug-2022Current
Ladhu Lal In Director 20-Jan-2007Current

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%

Related Corporates (Common Directorship)

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

Deals i

Rating

Alerts

Latest Updates, News, and FAQs on Nidhi Mercantiles

Recent activity within the organization

  • Annual General Meeting

    Nidhi Mercantiles Limited last Annual general meeting of members was held on 12 Sep 2024 as per latest MCA records.

    12 Sep 2024

  • Director Appointment

    Rajendra Kumar Kaliya was appointed as a Director was appointed as a Director on 21 Aug 2024 & has been associated with this company since 3 months 29 days .

    21 Aug 2024

  • Balance Sheet

    Nidhi Mercantiles Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • 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

  • 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 7 months .

    17 May 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

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.

    • Rajendra Kumar Kaliya
    • Neha Jagetia
    • Kapil Malpani
    • Sejal Sagar Modi
    • Ladhu Soni Lal
  • 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) India, Mumbai, Maharashtra, 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 2024.

People also Viewed

Similar Companies Based on Metal Retail & Distribution