Probity Mercantile Private Limited

Imports and exports various goods, including commercial, electronic, industrial, and consumer goods.

2007 | Mumbai, Maharashtra (India) | Active
Last Updated: December 19, 2024

Probity Mercantile Profile

Key Indicators

  • Authorised Capital ₹ 3.71 Cr
  • Paid Up Capital ₹ 3.66 Cr
  • Company Age 17 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 74.96 Cr
  • Revenue Growth 33.54%
  • Profit Growth 88.12%
  • Ebitda 48.65%
  • Net Worth -0.69%
  • Total Assets -10.06%

About Probity Mercantile

Probity Mercantile Private Limited (PMPL) is a Private Limited Indian Non-Government Company incorporated in India on 19 November 2007 and has a history of 17 years and two months. Its registered office is in Mumbai, Maharashtra, 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 3.71 Cr and a paid-up capital of Rs 3.66 Cr.

The company currently has active open charges totaling ₹74.96 Cr.

Siddharth Vora and Shaili Vora serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51101MH2007PTC175992

  • Company No.

    175992

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Nov 2007

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

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

Board Members (2)

NameDesignationAppointment DateStatus
Shaili Vora Country flag representing In Director 04-Nov-2022Current
Siddharth Vora Country flag representing In Director 01-Jan-2012Current

Financial Performance of Probity Mercantile.

Probity Mercantile Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 33.54% increase. The company also saw a substantial improvement in profitability, with a 88.12% increase in profit. The company's net worth dipped by a decrease of 0.69%.

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
33.54%
Revenue from Operations
-100.00%
Total Assets
-10.06%
Profit or Loss
88.12%
Net Worth
-0.69%
EBITDA
48.65%

What is the Ownership and Shareholding Structure of Probity Mercantile?

Unlock access to Probity 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

₹74.96 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 74.96 Cr

Latest Charge Details

DateLenderAmountStatus
30 Jun 2020State Bank Of India₹37.48 CrOpen
30 Jun 2020State Bank Of India₹37.48 CrOpen

How Many Employees Work at Probity Mercantile?

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

Recent activity within the organization

  • Annual General Meeting

    Probity 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

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

    31 Mar 2024

  • Director Appointment

    Shaili Siddharth Vora was appointed as a Director was appointed as a Director on 04 Nov 2022 & has been associated with this company since 2 years 2 months .

    04 Nov 2022

  • Charges

    A charge with State Bank Of India of Rs. 37.48 Cr registered on 30 Jun 2020 with Charge ID 100345578 was modified on 21 Dec 2021.

    21 Dec 2021

  • Charges

    A charge with State Bank Of India of Rs. 37.48 Cr registered on 30 Jun 2020 with Charge ID 100345580 was modified on 21 Dec 2021.

    21 Dec 2021

  • Charges

    A charge with State Bank Of India amounted to Rs. 37.48 Cr with Charge ID 100345578 was registered on 30 Jun 2020.

    30 Jun 2020

Frequently asked questions

  • Probity Mercantile Private Limited was incorporated on 19 Nov 2007.

  • The authorized share capital of Probity Mercantile Private Limited is ₹ 3.71 Cr and paid-up capital is ₹ 3.66 Cr.

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

    • Siddharth Niraj Vora
    • Shaili Siddharth Vora
  • As per Ministry of Corporate Affairs (Mca), the registered address of Probity Mercantile Private Limited is 3101 B Wing 31St Floor Beaumonde A.M. Marg, Prabhadevi India, Mumbai, Maharashtra, 400025.

  • The corporate identification number (CIN) of Probity Mercantile Private Limited is U51101MH2007PTC175992 and the company number is 175992 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Probity Mercantile Private Limited has risen by 33.54%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Probity Mercantile Private Limited has experienced an downturn of -0.69%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Probity Mercantile Private Limited amount to ₹ 74.96 Cr.

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

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