Shankar Mercantile Agency Private Limited

Trading basic industrial chemicals and synthetic resins since 1975 in Chennai, Tamil Nadu.

1975 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Shankar Mercantile Agency Profile

Key Indicators

  • Authorised Capital ₹ 1.25 Cr
  • Paid Up Capital ₹ 4.43 M
  • Company Age 49 Year, 5 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 five 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

Chemicals and Materials
Company report

Shankar Mercantile Agency Private Limited

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

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

Executive Team (1)

NameDesignationAppointment DateStatus
Aditya Agarwal Country flag representing In Managing Director14-Dec-1983Current

Board Members (4)

NameDesignationAppointment DateStatus
Yashvardhan Agarwal Country flag representing In Director 15-Apr-2023Current
Harshvardhan Agarwal Country flag representing In Director 11-Feb-2019Current
Indu Agarwal Country flag representing In Director 21-Sep-2015Current
Madhu Agarwal Country flag representing In Director 21-Sep-2015Current

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%.

Shankar Mercantile Agency revenue growth over time
Shankar Mercantile Agency 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
14.84%
Revenue from Operations
14.27%
Total Assets
12.88%
Profit or Loss
0.32%
Net Worth
8.84%
EBITDA
-10.36%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹17.35 Cr

Satisfied Charges

₹16.76 Cr

Charges Breakdown by Lending Institutions

  • Others : 12.70 Cr
  • Canara Bank : 4.65 Cr

Latest Charge Details

DateLenderAmountStatus
27 Aug 2024Others₹5.50 CrOpen
16 Aug 2024Others₹5.00 MOpen
27 Apr 2012Others₹6.70 CrOpen
28 Apr 1987Canara Bank₹4.65 CrOpen
15 May 20083I Infotech Trusteeship Services Limited₹6.70 CrSatisfied

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.

Employee growth trends for Shankar Mercantile Agency Private Limited

Deals i

Graph showing company valuation over time

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

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 Shankar Mercantile Agency

Recent activity within the organization

  • Annual General Meeting

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

  • Charges

    A charge with Others amounted to Rs. 5.50 Cr with Charge ID 100976194 was registered on 27 Aug 2024.

  • Charges

    A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100970829 was registered on 16 Aug 2024.

  • Balance Sheet

    Shankar Mercantile Agency Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Director Appointment

    Yashvardhan Agarwal was appointed as a Director was appointed as a Director on 15 Apr 2023 & has been associated with this company since 2 years 10 days .

  • Charges

    A charge with Others of Rs. 6.70 Cr registered on 27 Apr 2012 with Charge ID 10351880 was modified on 13 Jan 2022.

Frequently asked questions

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

    Shankar Mercantile Agency Private Limited was incorporated on 19 Nov 1975.

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

    The authorized share capital of Shankar Mercantile Agency Private Limited is ₹ 1.25 Cr and paid-up capital is ₹ 4.43 M.

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

    Currently 5 directors are associated with Shankar Mercantile Agency Private Limited.

    • Indu Agarwal
    • Madhu Agarwal
    • Aditya Agarwal
    • Harshvardhan Agarwal
    • Yashvardhan Agarwal

  • What is the registered address of Shankar Mercantile Agency Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Shankar Mercantile Agency Private Limited is Agarwal House 10 And 8/3A Vepery Church Road, India, Chennai, Tamil Nadu, 600007.

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

    The corporate identification number (CIN) of Shankar Mercantile Agency Private Limited is U74910TN1975PTC007037 and the company number is 007037 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Shankar Mercantile Agency Private Limited?

    The Official website of Shankar Mercantile Agency Private Limited is https://www.smapl.in

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Shankar Mercantile Agency Private Limited has risen by 14.84%.

  • How many employees does Shankar Mercantile Agency Private Limited currently have?

    As Per 2023 financial reports, 10 employees are currently employed by Shankar Mercantile Agency Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Shankar Mercantile Agency Private Limited has experienced an upsurge of 8.84%.

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

    As per the financial statements for fiscal Year 2023, The total open charges for Shankar Mercantile Agency Private Limited amount to ₹ 17.35 Cr.

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

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

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