Safety-Net Mercantile Limited

Founded in 2004 and headquartered in Maharashtra, India.

2004 | Mumbai, Maharashtra (India) | Active
Last Updated:

Safety-Net Mercantile Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 20 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -4.00%
  • Profit Growth 48.54%
  • Ebitda 173.65%
  • Net Worth -1.36%
  • Total Assets -0.06%

About Safety-Net Mercantile

Safety-Net Mercantile Limited (SML) is a Public Limited Indian Non-Government Company incorporated in India on 07 December 2004 and has a history of 20 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 0.50 M and a paid-up capital of Rs 0.50 M, as per Ministry of Corporate Affairs (MCA) records.

Amit Balmiki, Kishor Patil, and Rajashree Patil 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

    U51909MH2004PLC149851

  • Company No.

    149851

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    07 Dec 2004

  • 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 Safety-Net Mercantile?

Board Members (3)

NameDesignationAppointment DateStatus
Amit Balmiki Country flag representing In Additional Director 31-Mar-2016Current
Kishor Patil Country flag representing In Additional Director 30-Oct-2018Current
Rajashree Patil Country flag representing In Additional Director 30-Oct-2018Current

Financial Performance of Safety-Net Mercantile.

Safety-Net Mercantile Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 4% decrease. The company also saw a substantial improvement in profitability, with a 48.54% increase in profit. The company's net worth dipped by a decrease of 1.36%.

Safety-Net Mercantile revenue growth over time
Safety-Net 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
-4.00%
Revenue from Operations
-4.00%
Total Assets
-0.06%
Profit or Loss
48.54%
Net Worth
-1.36%
EBITDA
173.65%

What is the Ownership and Shareholding Structure of Safety-Net Mercantile?

In 2017, Safety-Net Mercantile had a public holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Safety-Net Mercantile?

Unlock and access historical data on people associated with Safety-Net Mercantile, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Safety-Net Mercantile Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Safety-Net 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 Safety-Net 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 Safety-Net Mercantile

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Safety-Net Mercantile Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Director Appointment

    Kishor Gopal Patil was appointed as a Additional Director was appointed as a Additional Director on 30 Oct 2018 & has been associated with this company since 6 years 4 months .

  • Director Appointment

    Rajashree Kishor Patil was appointed as a Additional Director was appointed as a Additional Director on 30 Oct 2018 & has been associated with this company since 6 years 4 months .

  • Director Appointment

    Amit Kumar Balmiki was appointed as a Additional Director was appointed as a Additional Director on 31 Mar 2016 & has been associated with this company since 8 years 11 months .

  • Company Incorporation

    Safety-Net Mercantile Limited was registered on 07 Dec 2004 with Roc Mumbai & aged 20 years 2 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Safety-Net Mercantile Limited?

    Safety-Net Mercantile Limited was incorporated on 07 Dec 2004.

  • What is authorized share capital and paid-up capital of Safety-Net Mercantile Limited?

    The authorized share capital of Safety-Net Mercantile Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Who are the current board members & directors of Safety-Net Mercantile Limited?

    Currently 3 directors are associated with Safety-Net Mercantile Limited.

    • Amit Kumar Balmiki
    • Kishor Gopal Patil
    • Rajashree Kishor Patil

  • What is the registered address of Safety-Net Mercantile Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Safety-Net Mercantile Limited is 4F2 Court Chambers 4Th Floor 35 New Marine Lines, India, Mumbai, Maharashtra, 400020.

  • What is the corporate identification number (CIN) and company number of Safety-Net Mercantile Limited?

    The corporate identification number (CIN) of Safety-Net Mercantile Limited is U51909MH2004PLC149851 and the company number is 149851 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Safety-Net Mercantile Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Safety-Net Mercantile Limited has fallen by -4.00%.

  • What change has been observed in the net worth of Safety-Net Mercantile Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Safety-Net Mercantile Limited has experienced an downturn of -1.36%.

  • When was the last Balance Sheet of Safety-Net Mercantile Limited filed with the ROC?

    The most recent Balance Sheet for Safety-Net Mercantile Limited was filed with the ROC on 31 Mar 2024.

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