Shankar Mercantile Agency Profile
Key Indicators
- Authorised Capital ₹ 1.25 Cr
- Paid Up Capital ₹ 4.43 M
- Company Age 49 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 17.35 Cr
- Satisfied Charges ₹ 16.76 Cr
- Revenue Growth 14.84%
- Profit Growth 0.32%
- Ebitda -10.36%
- Net Worth 8.84%
- Total Assets 12.88%
About Shankar Mercantile Agency
Shankar Mercantile Agency Private Limited (SMAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 November 1975 and has a history of 49 years and three months. Its registered office is in Chennai, Tamil Nadu, India.
The Company is engaged in the Chemicals And Materials 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 1.25 Cr and a paid-up capital of Rs 4.43 M.
The company currently has active open charges totaling ₹17.35 Cr. The company has closed loans amounting to ₹16.76 Cr, as per Ministry of Corporate Affairs (MCA) records.
Indu Agarwal, Madhu Agarwal, Aditya Agarwal, and Two other members serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U74910TN1975PTC007037
- Company No.
007037
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
19 Nov 1975
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Shankar Mercantile Agency?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Aditya Agarwal  | Managing Director | 14-Dec-1983 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Yashvardhan Agarwal | Director | 15-Apr-2023 | Current |
| Harshvardhan Agarwal | Director | 11-Feb-2019 | Current |
| Indu Agarwal | Director | 21-Sep-2015 | Current |
| Madhu Agarwal | Director | 21-Sep-2015 | Current |
Financial Performance of Shankar Mercantile Agency.
Shankar Mercantile Agency Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.84% increase. The company also saw a slight improvement in profitability, with a 0.32% increase in profit. The company's net worth moved up by a moderate rise of 8.84%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Shankar Mercantile Agency?
In 2023, Shankar Mercantile Agency had a promoter holding of 42.02% and a public holding of 57.98%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Electrum Financial Services Private LimitedAditya Agarwal is a mutual person
Shankar Techmech Private LimitedAditya Agarwal and Yashvardhan Agarwal are mutual person
Charges (Loans)
₹17.35 Cr
₹16.76 Cr
Charges Breakdown by Lending Institutions
- Others : 12.70 Cr
- Canara Bank : 4.65 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Aug 2024 | Others | ₹5.50 Cr | Open |
| 16 Aug 2024 | Others | ₹5.00 M | Open |
| 27 Apr 2012 | Others | ₹6.70 Cr | Open |
| 28 Apr 1987 | Canara Bank | ₹4.65 Cr | Open |
| 15 May 2008 | 3I Infotech Trusteeship Services Limited | ₹6.70 Cr | Satisfied |
How Many Employees Work at Shankar Mercantile Agency?
Shankar Mercantile Agency has a workforce of 10 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 Shankar Mercantile Agency, 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 Shankar Mercantile Agency'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.
