Ragi Mercantile Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 7.74 M
- Company Age 15 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 15.06 Cr
- Satisfied Charges ₹ 28.51 Cr
- Revenue Growth 29.88%
- Profit Growth 25.94%
- Ebitda 48.05%
- Net Worth 39.96%
- Total Assets 9.31%
About Ragi Mercantile
Ragi Mercantile Private Limited (RMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 August 2009 and has a history of 15 years and five months. Its registered office is in Kolkata, West Bengal, India.
The Company is engaged in the Metals And Minerals 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 1.00 Cr and a paid-up capital of Rs 7.74 M.
The company currently has active open charges totaling ₹15.06 Cr. The company has closed loans amounting to ₹28.51 Cr, as per Ministry of Corporate Affairs (MCA) records.
Rajesh Agarwal, Manoj Agarwal, Amit Agarwal, and Four other members serve as directors at the Company.
Company Details
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Location
Kolkata, West Bengal, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U52100WB2009PTC137672
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Company No.
137672
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
11 Aug 2009
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Kolkata
Industry
What products or services does Ragi Mercantile Private Limited offer?
Ragi Mercantile Private Limited offers a wide range of products and services, including PVC, FRP, HDPE & Other Plastic Pipes, Agricultural Pipes, Plumbing Pipe, Metal Pipe & Plumbing Fittings, Welding Fittings.
Who are the key members and board of directors at Ragi Mercantile?
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Hunar Agarwal
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Director | 08-Jul-2020 | Current |
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Rajesh Agarwal
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Director | 11-Aug-2009 | Current |
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Manoj Agarwal
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Director | 11-Aug-2009 | Current |
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Amit Agarwal
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Director | 11-Aug-2009 | Current |
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Pawan Agarwal
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Director | 11-Aug-2009 | Current |
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Gitadevi Agarwal
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Director | 01-Oct-2010 | Current |
Financial Performance of Ragi Mercantile.
Ragi Mercantile Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 29.88% increase. The company also saw a substantial improvement in profitability, with a 25.94% increase in profit. The company's net worth Soared by an impressive increase of 39.96%.
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What is the Ownership and Shareholding Structure of Ragi Mercantile?
In 2023, Ragi Mercantile had a promoter holding of 12.05% and a public holding of 87.95%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Tirupati Global Trade Private LimitedRajesh Agarwal is a mutual person
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Savoir Faire Marketing Co. Private Limited
Rajesh Agarwal and Amit Agarwal are mutual person
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Aquapram Industries Limited
Manoj Agarwal and Pawan Agarwal are mutual person
Charges (Loans)
₹15.06 Cr
₹28.51 Cr
Charges Breakdown by Lending Institutions
- Others : 15.06 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Feb 2022 | Others | ₹14.00 Cr | Open |
| 25 Nov 2021 | Others | ₹6.75 M | Open |
| 16 Nov 2021 | Others | ₹3.80 M | Open |
| 02 Sep 2021 | Hdfc Bank Limited | ₹5.00 M | Satisfied |
| 23 Jun 2021 | Hdfc Bank Limited | ₹6.00 Cr | Satisfied |
How Many Employees Work at Ragi Mercantile?
Ragi Mercantile has a workforce of 199 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Ragi 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 Ragi 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.