Siddharth Mercantile Private Limited
ISO-certified trading company dealing in steel, alloys, and iron products, established in 1997.
1997 | Chennai, Tamil Nadu (India) | Active
Siddharth Mercantile Profile
Key Indicators
- Authorised Capital ₹ 4.00 Cr
- Paid Up Capital ₹ 1.77 Cr
- Company Age 27 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 35.21 Cr
- Satisfied Charges ₹ 6.00 Cr
- Revenue Growth 32.19%
- Profit Growth 28.44%
- Ebitda 8.19%
- Net Worth 35.26%
- Total Assets 24.47%
About Siddharth Mercantile
Siddharth Mercantile Private Limited (SMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 June 1997 and has a history of 27 years and nine months. Its registered office is in Chennai, Tamil Nadu, India.
The Company is engaged in the Metals And Minerals 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 4.00 Cr and a paid-up capital of Rs 1.77 Cr.
The company currently has active open charges totaling ₹35.21 Cr. The company has closed loans amounting to ₹6.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ronak Goyal, Mukesh Goyal, and Nirmala Goyal 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
U51109TN1997PTC038323
- Company No.
038323
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
03 Jun 1997
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Metals and Minerals
Who are the key members and board of directors at Siddharth Mercantile?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ronak Goyal  | Director | 12-Jun-2009 | Current |
| Mukesh Goyal | Director | 03-Jun-1997 | Current |
| Nirmala Goyal | Director | 03-Jun-1997 | Current |
Financial Performance of Siddharth Mercantile.
Siddharth Mercantile Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 32.19% increase. The company also saw a substantial improvement in profitability, with a 28.44% increase in profit. The company's net worth Soared by an impressive increase of 35.26%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Siddharth Mercantile?
In 2023, Siddharth Mercantile had a promoter holding of 70.48% and a public holding of 29.51%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Vyas Builders Private Limited
Ronak Goyal and Mukesh Goyal are mutual person
Charges (Loans)
Open Charges
₹35.21 Cr
Satisfied Charges
₹6.00 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 23.01 Cr
- Hdfc Bank Limited : 9.00 Cr
- Others : 3.20 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Sep 2024 | Hdfc Bank Limited | ₹9.00 Cr | Open |
| 29 Mar 2023 | Others | ₹3.20 Cr | Open |
| 08 Aug 2011 | State Bank Of India | ₹23.01 Cr | Open |
| 16 Apr 2010 | Bank Of India | ₹6.00 Cr | Satisfied |
How Many Employees Work at Siddharth Mercantile?
Unlock and access historical data on people associated with Siddharth 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 Siddharth 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 Siddharth 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 Siddharth Mercantile
Recent activity within the organization
- Annual General Meeting
Siddharth Mercantile Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 9.00 Cr with Charge ID 100983084 was registered on 16 Sep 2024.
- Charges
A charge with State Bank Of India of Rs. 23.01 Cr registered on 08 Aug 2011 with Charge ID 10303543 was modified on 30 Aug 2024.
- Balance Sheet
Siddharth Mercantile Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- Charges
A charge with Others amounted to Rs. 3.20 Cr with Charge ID 100731904 was registered on 29 Mar 2023.
- Charges
A charge registered on 16 Apr 2010 via Charge ID 10219826 with Bank Of India was fully satisfied on 11 Sep 2012.
Frequently asked questions
What is the Incorporation or founding date of Siddharth Mercantile Private Limited?
Siddharth Mercantile Private Limited was incorporated on 03 Jun 1997.
What is authorized share capital and paid-up capital of Siddharth Mercantile Private Limited?
The authorized share capital of Siddharth Mercantile Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 1.77 Cr.
Who are the current board members & directors of Siddharth Mercantile Private Limited?
Currently 3 directors are associated with Siddharth Mercantile Private Limited.
- Ronak Goyal
- Mukesh Goyal
- Nirmala Goyal
What is the registered address of Siddharth Mercantile Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Siddharth Mercantile Private Limited is No. 824 Evr Periyar Road, (P H Road) Kilpauk India, Chennai, Tamil Nadu, 600010.
What is the corporate identification number (CIN) and company number of Siddharth Mercantile Private Limited?
The corporate identification number (CIN) of Siddharth Mercantile Private Limited is U51109TN1997PTC038323 and the company number is 038323 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Siddharth Mercantile Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Siddharth Mercantile Private Limited has risen by 32.19%.
What change has been observed in the net worth of Siddharth Mercantile Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Siddharth Mercantile Private Limited has experienced an upsurge of 35.26%.
What are the total open charges for Siddharth Mercantile Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Siddharth Mercantile Private Limited amount to ₹ 35.21 Cr.
When was the last Balance Sheet of Siddharth Mercantile Private Limited filed with the ROC?
The most recent Balance Sheet for Siddharth Mercantile Private Limited was filed with the ROC on 31 Mar 2024.
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