Samarth Mercantile Private Limited

Company engages in various trading activities and is a member of commodity exchanges in India.

1997 | Thane, Maharashtra (India) | Active
Last Updated: December 14, 2024

Samarth Mercantile Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 27 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6.90 Cr
  • Revenue Growth -34.98%
  • Profit Growth -220.59%
  • Ebitda -47.26%
  • Net Worth -8.70%
  • Total Assets -31.81%

About Samarth Mercantile

Samarth Mercantile Private Limited (SMPL) is a Private Limited Indian Non-Government Company incorporated in India on 12 June 1997 and has a history of 27 years and eight months. Its registered office is in Thane, 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 1.50 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹6.90 Cr.

Deepak Thakkar, Purshottam Thakkar, and Vishal Thakkar serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    samarthgroup.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51900MH1997PTC108730

  • Company No.

    108730

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Jun 1997

  • 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 Samarth Mercantile?

Board Members (3)

NameDesignationAppointment DateStatus
Vishal Thakkar Country flag representing In Director 16-Aug-2010Current
Deepak Thakkar Country flag representing In Director 15-Sep-1999Current
Purshottam Thakkar Country flag representing In Director 03-Feb-2000Current

Financial Performance of Samarth Mercantile.

Samarth Mercantile Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 34.98% decrease. The company also saw a substantial fall in profitability, with a 220.59% decrease in profit. The company's net worth dipped by a decrease of 8.7%.

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
-34.98%
Revenue from Operations
-35.68%
Total Assets
-31.81%
Profit or Loss
-220.59%
Net Worth
-8.70%
EBITDA
-47.26%

What is the Ownership and Shareholding Structure of Samarth Mercantile?

Unlock access to Samarth 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

₹6.90 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 3.50 Cr
  • Tamilnad Mercantile Bank Limited : 3.40 Cr

Latest Charge Details

DateLenderAmountStatus
10 May 2007Others₹3.50 CrOpen
04 Aug 2006Tamilnad Mercantile Bank Limited₹1.00 CrOpen
03 Jun 2006Tamilnad Mercantile Bank Limited₹2.40 CrOpen

How Many Employees Work at Samarth Mercantile?

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

Recent activity within the organization

  • Annual General Meeting

    Samarth 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

    Samarth 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 with Others of Rs. 3.50 Cr registered on 10 May 2007 with Charge ID 10053179 was modified on 30 Sep 2016.

    30 Sep 2016

  • Director Appointment

    Vishal Devendra Thakkar was appointed as a Director was appointed as a Director on 16 Aug 2010 & has been associated with this company since 14 years 6 months .

    16 Aug 2010

  • Charges

    A charge with Tamilnad Mercantile Bank Limited of Rs. 2.40 Cr registered on 03 Jun 2006 with Charge ID 10013750 was modified on 29 Apr 2009.

    29 Apr 2009

  • Charges

    A charge with Others amounted to Rs. 3.50 Cr with Charge ID 10053179 was registered on 10 May 2007.

    10 May 2007

Frequently asked questions

  • Samarth Mercantile Private Limited was incorporated on 12 Jun 1997.

  • The authorized share capital of Samarth Mercantile Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 3 directors are associated with Samarth Mercantile Private Limited.

    • Deepak Jamnadas Thakkar
    • Purshottam Karsandas Thakkar
    • Vishal Devendra Thakkar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Samarth Mercantile Private Limited is H 20 Apmc Market I Phase Ii Mudi Bazar Sector-19, Vashi India, Navi Mumbai, Maharashtra, 400703.

  • The corporate identification number (CIN) of Samarth Mercantile Private Limited is U51900MH1997PTC108730 and the company number is 108730 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Samarth Mercantile Private Limited is https://www.samarthgroup.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Samarth Mercantile Private Limited has fallen by -34.98%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Samarth Mercantile Private Limited has experienced an downturn of -8.70%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Samarth Mercantile Private Limited amount to ₹ 6.90 Cr.

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

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