Prime Mercantile Private Limited
Investment company specializing in private investments.
1994 | Tarn Taran, Punjab (India) | Active
Prime Mercantile Profile
Key Indicators
- Authorised Capital ₹ 11.50 Cr
- Paid Up Capital ₹ 11.50 Cr
- Company Age 30 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- 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 ten months. Its registered office is in Tarn Taran, 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 2024. 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
Tarn Taran, 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
25 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- 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  | Director | 29-Dec-2015 | Current |
| Chandra Rawat | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Godaavari Labs Private LimitedSonal Sharma is a mutual person
Prakash Industries LimitedKanha Agarwal is a mutual person
- Prakash Technopack Private Limited
Kanha Agarwal is a mutual person
Spectrum Renewable Energy Private LimitedSonal Sharma is a mutual person
Prakash Pipes LimitedKanha Agarwal is a mutual person
- Prakash Softex Private Limited
Chandra Rawat is a mutual person
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.
Deals i
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
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.
Latest Updates, News, and FAQs on Prime Mercantile
Recent activity within the organization
- Annual General Meeting
Prime Mercantile Private Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.
- 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 8 months 18 days .
- Balance Sheet
Prime Mercantile Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
- Charges
A charge registered on 07 Mar 2018 via Charge ID 100168013 with Others was fully satisfied on 06 Apr 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 11 months .
- Charges
A charge registered on 07 Feb 2018 via Charge ID 100156646 with Others was fully satisfied on 31 Jan 2019.
Frequently asked questions
What is the Incorporation or founding date of Prime Mercantile Private Limited?
Prime Mercantile Private Limited was incorporated on 10 May 1994.
What is authorized share capital and paid-up capital of Prime Mercantile Private Limited?
The authorized share capital of Prime Mercantile Private Limited is ₹ 11.50 Cr and paid-up capital is ₹ 11.50 Cr.
Who are the current board members & directors of Prime Mercantile Private Limited?
Currently 3 directors are associated with Prime Mercantile Private Limited.
- Chandra Singh Rawat
- Kanha Agarwal
- Sonal Sharma
What is the registered address of Prime Mercantile Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Prime Mercantile Private Limited is Darjiyan Wali Gali Rayya India, Tehsil Baba Bakala, Punjab, 143112.
What is the corporate identification number (CIN) and company number of Prime Mercantile Private Limited?
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).
What has been the recent revenue trend for Prime Mercantile Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Prime Mercantile Private Limited has fallen by -70.90%.
What change has been observed in the net worth of Prime Mercantile Private Limited, and by what percentage?
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%.
When was the last Balance Sheet of Prime Mercantile Private Limited filed with the ROC?
The most recent Balance Sheet for Prime Mercantile Private Limited was filed with the ROC on 31 Mar 2024.
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