Ratnesh Mercantile Private Limited

This company deals in renting and trading of various iron, steel, and metal products for commercial and industrial use.

2011 | Mumbai, Maharashtra (India) | Active
Last Updated: December 26, 2024

Ratnesh Mercantile Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 14 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 10.03 Cr
  • Revenue Growth -4.16%
  • Profit Growth -73.81%
  • Ebitda -48.68%
  • Net Worth 0.42%
  • Total Assets -8.52%

About Ratnesh Mercantile

Ratnesh Mercantile Private Limited (RMPL) is a Private Limited Indian Non-Government Company incorporated in India on 04 January 2011 and has a history of 14 years and one month. 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 0.50 M and a paid-up capital of Rs 0.10 M.

The company has closed loans amounting to ₹10.03 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Ketan Parekh and Alkesh Parekh serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ratneshgroup.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U28133MH2011PTC211822

  • Company No.

    211822

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Jan 2011

  • Date of AGM

    14 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 Ratnesh Mercantile?

Board Members (2)

NameDesignationAppointment DateStatus
Ketan Parekh Country flag representing In Director 04-Jan-2011Current
Alkesh Parekh Country flag representing In Director 04-Jan-2011Current

Financial Performance of Ratnesh Mercantile.

Ratnesh Mercantile Private Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 4.16% decrease. The company also saw a substantial fall in profitability, with a 73.81% decrease in profit. The company's net worth moved up by a moderate rise of 0.42%.

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
-4.16%
Revenue from Operations
Total Assets
-8.52%
Profit or Loss
-73.81%
Net Worth
0.42%
EBITDA
-48.68%

What is the Ownership and Shareholding Structure of Ratnesh Mercantile?

In 2021, Ratnesh Mercantile had a promoter holding of 99.89% and a public holding of 0.11%. 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

₹100.30 M

Charges Breakdown by Lending Institutions

  • Deutsche Bank Ag : 5.88 Cr
  • Standard Chartered Bank : 4.15 Cr

Latest Charge Details

DateLenderAmountStatus
30 Sep 2015Deutsche Bank Ag₹2.48 CrSatisfied
30 Sep 2015Deutsche Bank Ag₹3.40 CrSatisfied
30 Oct 2013Standard Chartered Bank₹4.15 CrSatisfied

How Many Employees Work at Ratnesh Mercantile?

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

Recent activity within the organization

  • Annual General Meeting

    Ratnesh Mercantile Private Limited last Annual general meeting of members was held on 14 Sep 2024 as per latest MCA records.

    14 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge registered on 30 Oct 2013 via Charge ID 10458438 with Standard Chartered Bank was fully satisfied on 24 Nov 2021.

    24 Nov 2021

  • Charges

    A charge registered on 30 Sep 2015 via Charge ID 10601184 with Deutsche Bank Ag was fully satisfied on 11 Nov 2021.

    11 Nov 2021

  • Charges

    A charge registered on 30 Sep 2015 via Charge ID 10601186 with Deutsche Bank Ag was fully satisfied on 11 Nov 2021.

    11 Nov 2021

  • Charges

    A charge with Deutsche Bank Ag amounted to Rs. 24.80 M with Charge ID 10601184 was registered on 30 Sep 2015.

    30 Sep 2015

Frequently asked questions

  • Ratnesh Mercantile Private Limited was incorporated on 04 Jan 2011.

  • The authorized share capital of Ratnesh Mercantile Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

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

    • Ketan Shantilal Parekh
    • Alkesh Shantilal Parekh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ratnesh Mercantile Private Limited is 601 6Th Floor Adishwar Apartment Vaidya Marg, Ghatkopar East India, Mumbai, Maharashtra, 400077.

  • The corporate identification number (CIN) of Ratnesh Mercantile Private Limited is U28133MH2011PTC211822 and the company number is 211822 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ratnesh Mercantile Private Limited is https://www.ratneshgroup.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Ratnesh Mercantile Private Limited has fallen by -4.16%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Ratnesh Mercantile Private Limited has experienced an upsurge of 0.42%.

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

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