Shrivallabh Pittie Mercantile Private Limited

Textile trading company with diverse product range, operating globally since 2007.

2007 | Mumbai, Maharashtra (India) | Active
Last Updated: October 23, 2024

Shrivallabh Pittie Mercantile Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 17 Year, 9 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 nine 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

Home & Lifestyle

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

Board Members (2)

Name Designation Appointment Date Status
Sunita Gupta Country flag representing In 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%.

Graph illustrating revenue growth over time
Graph showing 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
Revenue from Operations
Total Assets
0.16%
Profit or Loss
25.10%
Net Worth
-49.07%
EBITDA
48.74%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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 5 months 14 days .

    19 Aug 2024

  • 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 8 months 23 days .

    10 May 2024

  • 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.

    30 Sep 2023

  • Balance Sheet

    Shrivallabh Pittie 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 registered on 11 Jun 2013 via Charge ID 10441209 with Indian Overseas Bank was fully satisfied on 12 Apr 2019.

    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.

    12 Apr 2019

Recent News, Updates & Announcement

Frequently asked questions

  • Shrivallabh Pittie Mercantile Private Limited was incorporated on 26 Apr 2007.

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

  • Currently 2 directors are associated with Shrivallabh Pittie Mercantile Private Limited.

    • Sunita Ramgyan Gupta
    • Karan Pittie
  • 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.

  • 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).

  • The Official website of Shrivallabh Pittie Mercantile Private Limited is https://www.pittie.com

  • 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%.

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

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