Prime Mercantile Private Limited

Investment company specializing in private investments.

1994 | Tehsil Baba Bakala, Punjab (India) | Active
Last Updated: July 29, 2024

Prime Mercantile Profile

Key Indicators

  • Authorised Capital ₹ 11.50 Cr
  • Paid Up Capital ₹ 11.50 Cr
  • Company Age 30 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 300.00 Cr
  • Revenue Growth -70.90%
  • Profit Growth 131.39%
  • Ebitda 11.92%
  • Net Worth 0.12%
  • Total Assets 4.57%

About Prime Mercantile

Prime Mercantile Private Limited (PMPL) is a Private Limited Indian Non-Government Company incorporated in India on 10 May 1994 and has a history of 30 years and nine months. Its registered office is in Tehsil Baba Bakala, Punjab, India.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 11.50 Cr and a paid-up capital of Rs 11.50 Cr.

The company has closed loans amounting to ₹300.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Prime Mercantile Private Limited India is Sonal Sharma as COMPANY SECRETARY. Chandra Rawat and Kanha Agarwal serve as directors at the Company.

Company Details

  • Location

    Tehsil Baba Bakala, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74899PB1994PTC052972

  • Company No.

    041299

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 May 1994

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Financial Services

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

Executive Team (1)

Name Designation Appointment Date Status
Sonal Sharma Company Secretary 09-Jul-2024 Current

Board Members (2)

Name Designation Appointment Date Status
Kanha Agarwal Country flag representing In Director 29-Dec-2015 Current
Chandra Rawat Country flag representing In Director 24-Apr-2021 Current

Financial Performance of Prime Mercantile.

Prime Mercantile Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 70.9% decrease. The company also saw a substantial improvement in profitability, with a 131.39% increase in profit. The company's net worth moved up by a moderate rise of 0.12%.

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
-70.90%
Revenue from Operations
-75.53%
Total Assets
4.57%
Profit or Loss
131.39%
Net Worth
0.12%
EBITDA
11.92%

What is the Ownership and Shareholding Structure of Prime Mercantile?

In 2023, Prime Mercantile 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

₹300.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 300.00 Cr

Latest Charge Details

Date Lender Amount Status
07 Mar 2018 Others ₹250.00 Cr Satisfied
07 Feb 2018 Others ₹50.00 Cr Satisfied

How Many Employees Work at Prime Mercantile?

Unlock and access historical data on people associated with Prime 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 Prime 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 Prime 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 Prime Mercantile

Recent activity within the organization

  • Director Appointment

    Sonal Sharma was appointed as a Company Secretary was appointed as a Company Secretary on 09 Jul 2024 & has been associated with this company since 7 months 1 day .

    09 Jul 2024

  • Annual General Meeting

    Prime Mercantile Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge registered on 07 Mar 2018 via Charge ID 100168013 with Others was fully satisfied on 06 Apr 2023.

    06 Apr 2023

  • Balance Sheet

    Prime Mercantile Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Director Appointment

    Chandra Singh Rawat was appointed as a Director was appointed as a Director on 24 Apr 2021 & has been associated with this company since 3 years 9 months .

    24 Apr 2021

  • Charges

    A charge registered on 07 Feb 2018 via Charge ID 100156646 with Others was fully satisfied on 31 Jan 2019.

    31 Jan 2019

Frequently asked questions

  • Prime Mercantile Private Limited was incorporated on 10 May 1994.

  • The authorized share capital of Prime Mercantile Private Limited is ₹ 11.50 Cr and paid-up capital is ₹ 11.50 Cr.

  • Currently 3 directors are associated with Prime Mercantile Private Limited.

    • Chandra Singh Rawat
    • Kanha Agarwal
    • Sonal Sharma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Prime Mercantile Private Limited is Darjiyan Wali Gali Rayya, Tehsil Baba Bakala, Punjab, India, 143112.

  • The corporate identification number (CIN) of Prime Mercantile Private Limited is U74899PB1994PTC052972 and the company number is 041299 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Prime Mercantile Private Limited has fallen by -70.90%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Prime Mercantile Private Limited has experienced an upsurge of 0.12%.

  • The most recent Balance Sheet for Prime Mercantile Private Limited was filed with the ROC on 31 Mar 2023.

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