Shreerang Mercantile (India) Pvt Ltd

Produces paper and provides financial services, based in Mumbai.

1986 | Mumbai, Maharashtra (India) | Active
Last Updated:

Shreerang Mercantile (India) Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 9.50 M
  • Company Age 38 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.31 M
  • Satisfied Charges ₹ 26.84 Cr
  • Revenue Growth 240.63%
  • Profit Growth 43.13%
  • Ebitda 89.00%
  • Net Worth -13.29%
  • Total Assets 46.16%

About Shreerang Mercantile (India)

Shreerang Mercantile (India) Pvt Ltd (SMIPL) is a Private Limited Indian Non-Government Company incorporated in India on 11 September 1986 and has a history of 38 years and six months. Its registered office is in Mumbai, Maharashtra.

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 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 9.50 M.

The company currently has active open charges totaling ₹5.31 M. The company has closed loans amounting to ₹26.84 Cr, as per Ministry of Corporate Affairs (MCA) records.

Prakash Chikhalikar, Shreerang Chikhalikar, and Mrudula Chikhalikar serve as directors at the Company.

Company Details

  • Location Mumbai, Maharashtra
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51900MH1986PTC040890

  • Company No.

    040890

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Sep 1986

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services
Manufacturing

Who are the key members and board of directors at Shreerang Mercantile (India)?

Board Members (3)

NameDesignationAppointment DateStatus
Prakash Chikhalikar Country flag representing In Director 11-Sep-1986Current
Shreerang Chikhalikar Country flag representing In Director 07-Oct-2000Current
Mrudula Chikhalikar Country flag representing In Director 11-Sep-1986Current

Financial Performance of Shreerang Mercantile (India).

Shreerang Mercantile (India) Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 240.63% increase. The company also saw a substantial improvement in profitability, with a 43.13% increase in profit. The company's net worth observed a substantial decline by a decrease of 13.29%.

Shreerang Mercantile (India) revenue growth over time
Shreerang Mercantile (India) 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
240.63%
Revenue from Operations
248.58%
Total Assets
46.16%
Profit or Loss
43.13%
Net Worth
-13.29%
EBITDA
89.00%

What is the Ownership and Shareholding Structure of Shreerang Mercantile (India)?

In 2023, Shreerang Mercantile (India) had a promoter 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)

Open Charges

₹0.53 Cr

Satisfied Charges

₹26.84 Cr

Charges Breakdown by Lending Institutions

  • The Ratnakar Bank Ltd. : 0.30 Cr
  • The Ratnakar Bank Limited : 0.23 Cr

Latest Charge Details

DateLenderAmountStatus
24 Sep 2009The Ratnakar Bank Limited₹2.31 MOpen
03 Sep 2004The Ratnakar Bank Ltd.₹3.00 MOpen
24 Dec 2008Bank Of Maharashtra₹5.00 CrSatisfied
16 Aug 2004The Ratnakar Bank Ltd.₹4.95 CrSatisfied
29 Dec 2003The Ratnakar Bank Limited₹15.00 CrSatisfied

How Many Employees Work at Shreerang Mercantile (India)?

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

Employee growth trends for Shreerang Mercantile (India) Pvt Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Shreerang Mercantile (India), 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 Shreerang Mercantile (India)'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 Shreerang Mercantile (India)

Recent activity within the organization

  • Annual General Meeting

    Shreerang Mercantile (India) Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Shreerang Mercantile (India) Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

  • Charges

    A charge registered on 16 Aug 2004 via Charge ID 90232290 with The Ratnakar Bank Ltd. was fully satisfied on 04 Apr 2022.

  • Charges

    A charge registered on 29 Dec 2003 via Charge ID 90232262 with The Ratnakar Bank Limited was fully satisfied on 04 Apr 2022.

  • Charges

    A charge registered on 31 Jan 2003 via Charge ID 90232236 with Bank Of Maharashtra was fully satisfied on 07 Mar 2022.

  • Charges

    A charge registered on 31 Jul 2000 via Charge ID 90232169 with Bank Of Maharashtra was fully satisfied on 07 Mar 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Shreerang Mercantile (India) Pvt Ltd?

    Shreerang Mercantile (India) Pvt Ltd was incorporated on 11 Sep 1986.

  • What is authorized share capital and paid-up capital of Shreerang Mercantile (India) Pvt Ltd?

    The authorized share capital of Shreerang Mercantile (India) Pvt Ltd is ₹ 1.00 Cr and paid-up capital is ₹ 9.50 M.

  • Who are the current board members & directors of Shreerang Mercantile (India) Pvt Ltd?

    Currently 3 directors are associated with Shreerang Mercantile (India) Pvt Ltd.

    • Prakash Tukaram Chikhalikar
    • Shreerang Prakash Chikhalikar
    • Mrudula Prakash Chikhalikar
  • What is the registered address of Shreerang Mercantile (India) Pvt Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Shreerang Mercantile (India) Pvt Ltd is G-002 Ground Floor 6 Sugan Building Cumballa Hill Lane Kemps Corner August K Rantimarg, India, Mumbai, Maharashtra, 400036.

  • What is the corporate identification number (CIN) and company number of Shreerang Mercantile (India) Pvt Ltd?

    The corporate identification number (CIN) of Shreerang Mercantile (India) Pvt Ltd is U51900MH1986PTC040890 and the company number is 040890 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Shreerang Mercantile (India) Pvt Ltd?

    According to the financial reports for the fiscal year 2023, the revenue trend for Shreerang Mercantile (India) Pvt Ltd has risen by 240.63%.

  • What change has been observed in the net worth of Shreerang Mercantile (India) Pvt Ltd, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Shreerang Mercantile (India) Pvt Ltd has experienced an downturn of -13.29%.

  • What are the total open charges for Shreerang Mercantile (India) Pvt Ltd?

    As per the financial statements for fiscal Year 2023, The total open charges for Shreerang Mercantile (India) Pvt Ltd amount to ₹ 5.31 M.

  • When was the last Balance Sheet of Shreerang Mercantile (India) Pvt Ltd filed with the ROC?

    The most recent Balance Sheet for Shreerang Mercantile (India) Pvt Ltd was filed with the ROC on 31 Mar 2023.