Siddharth Mercantile Private Limited

ISO-certified trading company dealing in steel, alloys, and iron products, established in 1997.

1997 | Chennai, Tamil Nadu (India) | Active
Last Updated: July 18, 2024

Siddharth Mercantile Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 1.77 Cr
  • Company Age 27 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 21.02 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 eight 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 2023. 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 ₹21.02 Cr. The company has closed loans amounting to ₹6.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Nirmala Goyal, Mukesh Goyal, and Ronak 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 2023

  • Date of Balance Sheet

    31 Mar 2023

  • 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
Nirmala Goyal Country flag representing In Director 03-Jun-1997 Current
Mukesh Goyal Country flag representing In Director 03-Jun-1997 Current
Ronak Goyal Country flag representing In Director 12-Jun-2009 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%.

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
32.19%
Revenue from Operations
31.81%
Total Assets
24.47%
Profit or Loss
28.44%
Net Worth
35.26%
EBITDA
8.19%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹21.02 Cr

Satisfied Charges

₹6.00 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 17.82 Cr
  • Others : 3.20 Cr

Latest Charge Details

Date Lender Amount Status
29 Mar 2023 Others ₹3.20 Cr Open
08 Aug 2011 State Bank Of India ₹17.82 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with State Bank Of India of Rs. 17.82 Cr registered on 08 Aug 2011 with Charge ID 10303543 was modified on 23 May 2023.

    23 May 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 3.20 Cr with Charge ID 100731904 was registered on 29 Mar 2023.

    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.

    11 Sep 2012

  • Charges

    A charge with State Bank Of India amounted to Rs. 17.82 Cr with Charge ID 10303543 was registered on 08 Aug 2011.

    08 Aug 2011

Frequently asked questions

  • Siddharth Mercantile Private Limited was incorporated on 03 Jun 1997.

  • The authorized share capital of Siddharth Mercantile Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 1.77 Cr.

  • Currently 3 directors are associated with Siddharth Mercantile Private Limited.

    • Nirmala Goyal
    • Mukesh Goyal
    • Ronak Goyal
  • 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, Chennai, Tamil Nadu, India, 600010.

  • 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).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Siddharth Mercantile Private Limited has risen by 32.19%.

  • 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%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Siddharth Mercantile Private Limited amount to ₹ 21.02 Cr.

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

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