Pinnacle Mercantile Private Limited

Imports, exports, and trades various fabrics and materials, also involved in real estate development.

1991 | Mumbai-400002, Maharashtra (India) | Active
Last Updated: January 20, 2025

Pinnacle Mercantile Profile

Key Indicators

  • Authorised Capital ₹ 2.40 M
  • Paid Up Capital ₹ 2.03 M
  • Company Age 33 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.86 Cr
  • Satisfied Charges ₹ 3.95 Cr
  • Revenue Growth 175.05%
  • Profit Growth -103.08%
  • Ebitda -154.18%
  • Net Worth -10.62%
  • Total Assets 37.80%

About Pinnacle Mercantile

Pinnacle Mercantile Private Limited (PMPL) is a Private Limited Indian Non-Government Company incorporated in India on 13 May 1991 and has a history of 33 years and nine months. Its registered office is in Mumbai-400002, Maharashtra.

The Company is engaged in the Real Estate And Construction 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 2.40 M and a paid-up capital of Rs 2.03 M.

The company currently has active open charges totaling ₹2.86 Cr. The company has closed loans amounting to ₹3.95 Cr, as per Ministry of Corporate Affairs (MCA) records.

Madhusudan Taparia and Nitesh Mundra serve as directors at the Company.

Company Details

  • Location Mumbai-400002, Maharashtra
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51311MH1991PTC061885

  • Company No.

    061885

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 May 1991

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Real Estate and Construction

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

Board Members (2)

NameDesignationAppointment DateStatus
Madhusudan Taparia Country flag representing In Director 01-Jul-2011Current
Nitesh Mundra Country flag representing In Director 23-Jun-2017Current

Financial Performance of Pinnacle Mercantile.

Pinnacle Mercantile Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 175.05% increase. The company also saw a substantial fall in profitability, with a 103.08% decrease in profit. The company's net worth observed a substantial decline by a decrease of 10.62%.

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
175.05%
Revenue from Operations
Total Assets
37.80%
Profit or Loss
-103.08%
Net Worth
-10.62%
EBITDA
-154.18%

What is the Ownership and Shareholding Structure of Pinnacle Mercantile?

Unlock access to Pinnacle Mercantile's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹28.60 M

Satisfied Charges

₹39.50 M

Charges Breakdown by Lending Institutions

  • Bank Of India : 2.86 Cr

Latest Charge Details

DateLenderAmountStatus
17 Dec 2013Bank Of India₹2.86 CrOpen
16 Dec 2015Bank Of India₹3.75 CrSatisfied
08 Oct 2001Central Bank Ofindia₹2.00 MSatisfied

How Many Employees Work at Pinnacle Mercantile?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Pinnacle Mercantile Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 16 Dec 2015 via Charge ID 10612437 with Bank Of India was fully satisfied on 23 Dec 2022.

    23 Dec 2022

  • Charges

    A charge registered on 08 Oct 2001 via Charge ID 90164173 with Central Bank Ofindia was fully satisfied on 06 Sep 2021.

    06 Sep 2021

  • Director Appointment

    Nitesh Shobhachand Mundra was appointed as a Director was appointed as a Director on 23 Jun 2017 & has been associated with this company since 7 years 8 months .

    23 Jun 2017

  • Charges

    A charge with Bank Of India amounted to Rs. 37.50 M with Charge ID 10612437 was registered on 16 Dec 2015.

    16 Dec 2015

Frequently asked questions

  • Pinnacle Mercantile Private Limited was incorporated on 13 May 1991.

  • The authorized share capital of Pinnacle Mercantile Private Limited is ₹ 2.40 M and paid-up capital is ₹ 2.03 M.

  • Currently 2 directors are associated with Pinnacle Mercantile Private Limited.

    • Madhusudan Shobhachand Taparia
    • Nitesh Shobhachand Mundra
  • As per Ministry of Corporate Affairs (Mca), the registered address of Pinnacle Mercantile Private Limited is 73 Cavel Crosss Lane No-2 Shiv Prasad Bldg 1St Flr, Bombay 2 India, Mumbai-400002, Maharashtra.

  • The corporate identification number (CIN) of Pinnacle Mercantile Private Limited is U51311MH1991PTC061885 and the company number is 061885 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Pinnacle Mercantile Private Limited has risen by 175.05%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Pinnacle Mercantile Private Limited has experienced an downturn of -10.62%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Pinnacle Mercantile Private Limited amount to ₹ 2.86 Cr.

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

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