Ragi Mercantile Private Limited

Trading company specializing in fittings, fixtures, and sanitary fixtures since 2009 in Kolkata.

2009 | Kolkata, West Bengal (India) | Active
Last Updated:

Ragi Mercantile Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 7.74 M
  • Company Age 15 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 15.06 Cr
  • Satisfied Charges ₹ 28.51 Cr
  • Revenue Growth 50.41%
  • Profit Growth 34.48%
  • Ebitda 32.99%
  • Net Worth 38.40%
  • Total Assets 27.64%

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 nine 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 2024. 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 Five other members serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U52100WB2009PTC137672

  • Company No.

    137672

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Aug 2009

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Metals and Minerals

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.

Company report

Ragi Mercantile Private Limited

Explore comprehensive data for Ragi Mercantile Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (8)

NameDesignationAppointment DateStatus
Hunar Agarwal Country flag representing In Director 08-Jul-2020Current
Rajesh Agarwal Country flag representing In Director 11-Aug-2009Current
Manoj Agarwal Country flag representing In Director 11-Aug-2009Current
Amit Agarwal Country flag representing In Director 11-Aug-2009Current
Pawan Agarwal Country flag representing In Director 11-Aug-2009Current
Gitadevi Agarwal Country flag representing In Director 01-Oct-2010Current

Financial Performance of Ragi Mercantile.

Ragi Mercantile Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 50.41% increase. The company also saw a substantial improvement in profitability, with a 34.48% increase in profit. The company's net worth Soared by an impressive increase of 38.4%.

Ragi Mercantile revenue growth over time
Ragi Mercantile 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
50.41%
Revenue from Operations
50.58%
Total Assets
27.64%
Profit or Loss
34.48%
Net Worth
38.40%
EBITDA
32.99%

What is the Ownership and Shareholding Structure of Ragi Mercantile?

In 2024, 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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹15.06 Cr

Satisfied Charges

₹28.51 Cr

Charges Breakdown by Lending Institutions

  • Others : 15.06 Cr

Latest Charge Details

DateLenderAmountStatus
28 Feb 2022Others₹14.00 CrOpen
25 Nov 2021Others₹6.75 MOpen
16 Nov 2021Others₹3.80 MOpen
02 Sep 2021Hdfc Bank Limited₹5.00 MSatisfied
23 Jun 2021Hdfc Bank Limited₹6.00 CrSatisfied

How Many Employees Work at Ragi Mercantile?

Ragi Mercantile has a workforce of 218 employees as of Apr 03, 2025. 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.

Employee growth trends for Ragi Mercantile Private Limited

Deals i

Graph showing company valuation over time

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

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 Ragi Mercantile

Recent activity within the organization

  • Director Appointment

    Ankit Surana was appointed as a Additional Director was appointed as a Additional Director on 01 Apr 2025 & has been associated with this company since 1 month 10 days .

  • Annual General Meeting

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

  • Balance Sheet

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

  • Charges

    A charge registered on 02 Sep 2021 via Charge ID 100483356 with Hdfc Bank Limited was fully satisfied on 05 Nov 2022.

  • Charges

    A charge registered on 23 Jun 2021 via Charge ID 100455666 with Hdfc Bank Limited was fully satisfied on 05 Nov 2022.

  • Charges

    A charge registered on 09 Dec 2020 via Charge ID 100400835 with Hdfc Bank Limited was fully satisfied on 05 Nov 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Ragi Mercantile Private Limited?

    Ragi Mercantile Private Limited was incorporated on 11 Aug 2009.

  • What is authorized share capital and paid-up capital of Ragi Mercantile Private Limited?

    The authorized share capital of Ragi Mercantile Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 7.74 M.

  • Who are the current board members & directors of Ragi Mercantile Private Limited?

    Currently 8 directors are associated with Ragi Mercantile Private Limited.

    • Rajesh Agarwal
    • Manoj Agarwal
    • Amit Agarwal
    • Pawan Kumar Agarwal
    • Gitadevi Agarwal
    • Ankit Surana
    • Hunar Agarwal
    • Diya Agarwal

  • What is the registered address of Ragi Mercantile Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ragi Mercantile Private Limited is P-93A C.I.T. Road Scheme : Vi M, Kankurgachi India, Kolkata, West Bengal, 700054.

  • What is the corporate identification number (CIN) and company number of Ragi Mercantile Private Limited?

    The corporate identification number (CIN) of Ragi Mercantile Private Limited is U52100WB2009PTC137672 and the company number is 137672 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Ragi Mercantile Private Limited?

    The Official website of Ragi Mercantile Private Limited is https://www.ragigroup.in

  • What has been the recent revenue trend for Ragi Mercantile Private Limited?

    According to the financial reports for the fiscal year 2024, the revenue trend for Ragi Mercantile Private Limited has risen by 50.41%.

  • How many employees does Ragi Mercantile Private Limited currently have?

    As Per 2024 financial reports, 218 employees are currently employed by Ragi Mercantile Private Limited.

  • What change has been observed in the net worth of Ragi Mercantile Private Limited, and by what percentage?

    The financial reports for the fiscal year 2024 indicates that The net worth of Ragi Mercantile Private Limited has experienced an upsurge of 38.40%.

  • What are the total open charges for Ragi Mercantile Private Limited?

    As per the financial statements for fiscal Year 2024, The total open charges for Ragi Mercantile Private Limited amount to ₹ 15.06 Cr.

  • When was the last Balance Sheet of Ragi Mercantile Private Limited filed with the ROC?

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

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