Shanker Mercantile Private Limited

Shanker Mercantile Private Limited

Trading company specializing in iron, steel, chemicals, textiles, and garments.
2006 | Mumbai, Maharashtra (India) | Active

Last Updated:

July 15, 2024
HomeCompanyShanker Mercantile Private Limited

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

Board Members(2)

NameDesignationAppointment DateStatus
Mohit Avasthi In Director 20-Nov-2006Current
Shankar Awasthy In Director 20-Nov-2006Current

Financial Performance and Corporate Structure Insights of Shanker Mercantile.

Shanker Mercantile Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 32.25% decrease. The company also saw a substantial fall in profitability, with a 26.86% decrease in profit. The company's net worth Soared by an impressive increase of 10.28%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-32.25%
Revenue from Operations
-31.67%
Total Assets
-17.41%
Profit or Loss
-26.86%
Net Worth
10.28%
EBITDA
-729.81%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹10.00 M

LenderAmountStatus

Ing Vysya Bank Limited

Creation Date: 14 Jul 2011
₹1.00 CrOpen

How Many Employees Work at Shanker Mercantile?

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

Employee Graph

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Rating

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Latest Updates, News, and FAQs on Shanker Mercantile

Recent activity within the organization

  • Annual General Meeting

    Shanker Mercantile Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Shanker Mercantile Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Ing Vysya Bank Limited amounted to Rs. 10.00 M with Charge ID 10299864 was registered on 14 Jul 2011.

    14 Jul 2011

  • Director Appointment

    Mohit Shankarnath Avasthi was appointed as a Director was appointed as a Director on 20 Nov 2006 & has been associated with this company since 18 years 30 days .

    20 Nov 2006

  • Director Appointment

    Shankar Nath Awasthy was appointed as a Director was appointed as a Director on 20 Nov 2006 & has been associated with this company since 18 years 30 days .

    20 Nov 2006

  • Company Incorporation

    Shanker Mercantile Private Limited was registered on 20 Nov 2006 with Roc Mumbai & aged 18 years 30 days as per MCA records.

    20 Nov 2006

Frequently asked questions

  • Shanker Mercantile Private Limited was incorporated on 20 Nov 2006.

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

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

    • Mohit Shankarnath Avasthi
    • Shankar Nath Awasthy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shanker Mercantile Private Limited is 20 Steel Yard, Iron Market S.T.Road, Mumbai, Maharashtra, India, 400009.

  • The corporate identification number (CIN) of Shanker Mercantile Private Limited is U51909MH2006PTC165669 and the company number is 165669 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Shanker Mercantile Private Limited has fallen by -32.25%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Shanker Mercantile Private Limited has experienced an upsurge of 10.28%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Shanker Mercantile Private Limited amount to ₹ 1.00 Cr.

  • The most recent Balance Sheet for Shanker Mercantile Private Limited was filed with the ROC on 31 Mar 2023.

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