Portifino Mercantiles Private Limited

Real estate financing and investment company, part of Fortune Group, incorporated in 1995.

1995 | Mumbai, Maharashtra (India) | Active
Last Updated: December 16, 2024

Portifino Mercantiles Profile

Key Indicators

  • Authorised Capital ₹ 8.90 M
  • Paid Up Capital ₹ 7.90 M
  • Company Age 29 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 4.81 Cr
  • Revenue Growth %
  • Profit Growth 36.00%
  • Ebitda -67.33%
  • Net Worth -0.00%
  • Total Assets -23.00%

About Portifino Mercantiles

Portifino Mercantiles Private Limited (PMPL) is a Private Limited Indian Non-Government Company incorporated in India on 22 March 1995 and has a history of 29 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Portifino Mercantiles Limited. 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 8.90 M and a paid-up capital of Rs 7.90 M.

The company has closed loans amounting to ₹4.81 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Nisar Kazi and Mitesh Patel serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    fortunebuilders.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U67120MH1995PTC086729

  • Company No.

    086729

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Mar 1995

  • 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 Portifino Mercantiles?

Board Members (2)

NameDesignationAppointment DateStatus
Nisar Kazi Country flag representing In Director 25-Jul-2005Current
Mitesh Patel Country flag representing In Director 17-Aug-2021Current

Financial Performance of Portifino Mercantiles.

Portifino Mercantiles Private Limited, for the financial year ended 2019, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 36% increase in profit. The company's net worth witnessed no change by increase of 0%.

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
Revenue from Operations
Total Assets
-23.00%
Profit or Loss
36.00%
Net Worth
-0.00%
EBITDA
-67.33%

What is the Ownership and Shareholding Structure of Portifino Mercantiles?

In 2017, Portifino Mercantiles had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹48.10 M

Charges Breakdown by Lending Institutions

  • Dhanlaxmi Bank Limited : 4.81 Cr

Latest Charge Details

DateLenderAmountStatus
25 Nov 2011Dhanlaxmi Bank Limited₹4.81 CrSatisfied

How Many Employees Work at Portifino Mercantiles?

Unlock and access historical data on people associated with Portifino Mercantiles, 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 Portifino 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 Portifino Mercantiles'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 Portifino Mercantiles

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Director Appointment

    Mitesh Patel was appointed as a Director was appointed as a Director on 17 Aug 2021 & has been associated with this company since 3 years 6 months .

    17 Aug 2021

  • Charges

    A charge registered on 25 Nov 2011 via Charge ID 10318710 with Dhanlaxmi Bank Limited was fully satisfied on 28 Oct 2013.

    28 Oct 2013

  • Charges

    A charge with Dhanlaxmi Bank Limited amounted to Rs. 48.10 M with Charge ID 10318710 was registered on 25 Nov 2011.

    25 Nov 2011

  • Director Appointment

    Nisar Abdul Kazi was appointed as a Director was appointed as a Director on 25 Jul 2005 & has been associated with this company since 19 years 7 months .

    25 Jul 2005

Frequently asked questions

  • Portifino Mercantiles Private Limited was incorporated on 22 Mar 1995.

  • The authorized share capital of Portifino Mercantiles Private Limited is ₹ 8.90 M and paid-up capital is ₹ 7.90 M.

  • Currently 2 directors are associated with Portifino Mercantiles Private Limited.

    • Nisar Abdul Kazi
    • Mitesh Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Portifino Mercantiles Private Limited is Office No. - 701 7Th Floor Fortune Classic 15Th Road, Khar (West) India, Mumbai, Maharashtra, 400052.

  • The corporate identification number (CIN) of Portifino Mercantiles Private Limited is U67120MH1995PTC086729 and the company number is 086729 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Portifino Mercantiles Private Limited is https://www.fortunebuilders.in

  • The financial reports for the fiscal year 2019 indicates that The net worth of Portifino Mercantiles Private Limited has experienced an downturn of -0.00%.

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

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