

Shrivallabh Pittie Mercantile Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.50 M
- Company Age 17 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 90.05 Cr
- Revenue Growth %
- Profit Growth 25.10%
- Ebitda 48.74%
- Net Worth -49.07%
- Total Assets 0.16%
About Shrivallabh Pittie Mercantile
Shrivallabh Pittie Mercantile Private Limited (SPMPL) is a Private Limited Indian Non-Government Company incorporated in India on 26 April 2007 and has a history of 17 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Network Mercantile Private Limited. The Company is engaged in the Home & Lifestyle 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 0.50 M and a paid-up capital of Rs 0.50 M.
The company has closed loans amounting to ₹90.05 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Sunita Gupta and Karan Pittie serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U51101MH2007PTC170341
- Company No.
170341
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
26 Apr 2007
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Shrivallabh Pittie Mercantile?
Board Members (2)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Sunita Gupta ![]() | Additional Director | 10-May-2024 | Current |
Karan Pittie | Additional Director | 19-Aug-2024 | Current |
Financial Performance of Shrivallabh Pittie Mercantile.
Shrivallabh Pittie Mercantile Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 25.1% increase in profit. The company's net worth observed a substantial decline by a decrease of 49.07%.


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What is the Ownership and Shareholding Structure of Shrivallabh Pittie Mercantile?
In 2023, Shrivallabh Pittie Mercantile had a promoter holding of 99.98% and a public holding of 0.02%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Related Corporates (Common Directorship)
- Shrivallabh Pittie Infraprojects Private Limited
Sunita Gupta and Karan Pittie are mutual person
- Sv Pittie International Private Limited
Sunita Gupta is a mutual person
- Agosta Mercantile Private Limited
Sunita Gupta is a mutual person
Charges (Loans)
₹0
₹900.51 M
Charges Breakdown by Lending Institutions
- Indian Overseas Bank : 84.00 Cr
- Religare Finvest Limited : 3.51 Cr
- Icici Bank Limited : 1.54 Cr
- Icici Home Finance Company Limited : 1.00 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
11 Jun 2013 | Indian Overseas Bank | ₹36.00 Cr | Satisfied |
15 Dec 2011 | Indian Overseas Bank | ₹48.00 Cr | Satisfied |
20 Apr 2011 | Religare Finvest Limited | ₹3.51 Cr | Satisfied |
30 Mar 2009 | Icici Home Finance Company Limited | ₹1.00 Cr | Satisfied |
21 Nov 2007 | Icici Bank Limited | ₹1.54 Cr | Satisfied |
How Many Employees Work at Shrivallabh Pittie Mercantile?
Unlock and access historical data on people associated with Shrivallabh Pittie Mercantile, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Deals i

Gain comprehensive insights into the Deals and Valuation data of Shrivallabh Pittie 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 Shrivallabh Pittie Mercantile'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.
Latest Updates, News, and FAQs on Shrivallabh Pittie Mercantile
Recent activity within the organization
- Director Appointment
Karan Pittie was appointed as a Additional Director was appointed as a Additional Director on 19 Aug 2024 & has been associated with this company since 7 months 25 days .
- Director Appointment
Sunita Ramgyan Gupta was appointed as a Additional Director was appointed as a Additional Director on 10 May 2024 & has been associated with this company since 11 months 4 days .
- Annual General Meeting
Shrivallabh Pittie Mercantile Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Shrivallabh Pittie Mercantile Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
- Charges
A charge registered on 11 Jun 2013 via Charge ID 10441209 with Indian Overseas Bank was fully satisfied on 12 Apr 2019.
- Charges
A charge registered on 15 Dec 2011 via Charge ID 10329833 with Indian Overseas Bank was fully satisfied on 12 Apr 2019.
Recent News, Updates & Announcement
- Bank Takes Over Mumbai Company After Defaulting on ₹73 Crore Loan Due to COVID-19.
When you owe money to the bank but can't pay back, they can take over your company. This happened to Shrivallabh Pittie South West Industries in Mumbai. The bank filed a petition and the court agreed to start the process. The bank's lawyer said the company didn't deny owing money, but blamed COVID-19 for not being able to pay. The court appointed someone to take over the company and the bank wants their ₹73 crore back..
Frequently asked questions
What is the Incorporation or founding date of Shrivallabh Pittie Mercantile Private Limited?
Shrivallabh Pittie Mercantile Private Limited was incorporated on 26 Apr 2007.
What is authorized share capital and paid-up capital of Shrivallabh Pittie Mercantile Private Limited?
The authorized share capital of Shrivallabh Pittie Mercantile Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.
Who are the current board members & directors of Shrivallabh Pittie Mercantile Private Limited?
Currently 2 directors are associated with Shrivallabh Pittie Mercantile Private Limited.
- Sunita Ramgyan Gupta
- Karan Pittie
What is the registered address of Shrivallabh Pittie Mercantile Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Shrivallabh Pittie Mercantile Private Limited is 99 Maker Tower 'F' Cuffe Parade, India, Mumbai, Maharashtra, 400005.
What is the corporate identification number (CIN) and company number of Shrivallabh Pittie Mercantile Private Limited?
The corporate identification number (CIN) of Shrivallabh Pittie Mercantile Private Limited is U51101MH2007PTC170341 and the company number is 170341 as per Ministry of Corporate Affairs (MCA).
What is the official website of Shrivallabh Pittie Mercantile Private Limited?
The Official website of Shrivallabh Pittie Mercantile Private Limited is https://www.pittie.com
What change has been observed in the net worth of Shrivallabh Pittie Mercantile Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Shrivallabh Pittie Mercantile Private Limited has experienced an downturn of -49.07%.
When was the last Balance Sheet of Shrivallabh Pittie Mercantile Private Limited filed with the ROC?
The most recent Balance Sheet for Shrivallabh Pittie Mercantile Private Limited was filed with the ROC on 31 Mar 2023.
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