Sparsh Mercantile Private Limited

Wholesale trading of textiles and other goods, established in 2004 in Surat, Gujarat.

2004 | Surat, Gujarat (India) | Active
Last Updated:

Sparsh Mercantile Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 1.29 M
  • Company Age 20 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.67 Cr
  • Revenue Growth 2129.93%
  • Profit Growth 881.27%
  • Ebitda 1422.65%
  • Net Worth 0.75%
  • Total Assets 1.04%

About Sparsh Mercantile

Sparsh Mercantile Private Limited (SMPL) is a Private Limited Indian Non-Government Company incorporated in India on 18 October 2004 and has a history of 20 years and six months. Its registered office is in Surat, Gujarat, India.

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 2024. It's a company limited by shares with an authorized capital of Rs 2.00 M and a paid-up capital of Rs 1.29 M.

The company currently has active open charges totaling ₹2.67 Cr.

Amit Somani and Urmiladevi Somani serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51909GJ2004PTC086460

  • Company No.

    086460

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Oct 2004

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Home & Lifestyle
Company report

Sparsh Mercantile Private Limited

Explore comprehensive data for Sparsh Mercantile Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (2)

NameDesignationAppointment DateStatus
Amit Somani Country flag representing In Director 01-Jan-2019Current
Urmiladevi Somani Country flag representing In Director 04-Feb-2009Current

Financial Performance of Sparsh Mercantile.

Sparsh Mercantile Private Limited, for the financial year ended 2017, experienced significant growth in revenue, with a 2129.93% increase. The company also saw a substantial improvement in profitability, with a 881.27% increase in profit. The company's net worth moved up by a moderate rise of 0.75%.

Sparsh Mercantile revenue growth over time
Sparsh Mercantile 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
2129.93%
Revenue from Operations
Total Assets
1.04%
Profit or Loss
881.27%
Net Worth
0.75%
EBITDA
1422.65%

What is the Ownership and Shareholding Structure of Sparsh Mercantile?

In 2017, Sparsh Mercantile had a promoter holding of 44.53% and a public holding of 55.47%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹26.65 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Bank Of Baroda : 2.67 Cr

Latest Charge Details

DateLenderAmountStatus
21 Sep 2013Bank Of Baroda₹2.67 CrOpen

How Many Employees Work at Sparsh Mercantile?

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

Employee growth trends for Sparsh Mercantile Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sparsh 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 Sparsh 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 Sparsh Mercantile

Recent activity within the organization

  • Annual General Meeting

    Sparsh Mercantile Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Sparsh Mercantile Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Director Appointment

    Amit Bajranglal Somani was appointed as a Director was appointed as a Director on 01 Jan 2019 & has been associated with this company since 6 years 4 months .

  • Charges

    A charge with Bank Of Baroda amounted to Rs. 26.65 M with Charge ID 10454162 was registered on 21 Sep 2013.

  • Director Appointment

    Urmiladevi Bajranglal Somani was appointed as a Director was appointed as a Director on 04 Feb 2009 & has been associated with this company since 16 years 3 months .

  • Company Incorporation

    Sparsh Mercantile Private Limited was registered on 18 Oct 2004 with Roc Ahmedabad & aged 20 years 6 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Sparsh Mercantile Private Limited?

    Sparsh Mercantile Private Limited was incorporated on 18 Oct 2004.

  • What is authorized share capital and paid-up capital of Sparsh Mercantile Private Limited?

    The authorized share capital of Sparsh Mercantile Private Limited is ₹ 2.00 M and paid-up capital is ₹ 1.29 M.

  • Who are the current board members & directors of Sparsh Mercantile Private Limited?

    Currently 2 directors are associated with Sparsh Mercantile Private Limited.

    • Amit Bajranglal Somani
    • Urmiladevi Bajranglal Somani
  • What is the registered address of Sparsh Mercantile Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sparsh Mercantile Private Limited is Survey No. 190 Solapur Compound B/H. Adarsh Chemicals, Main Road Udhna India, Surat, Gujarat, 394210.

  • What is the corporate identification number (CIN) and company number of Sparsh Mercantile Private Limited?

    The corporate identification number (CIN) of Sparsh Mercantile Private Limited is U51909GJ2004PTC086460 and the company number is 086460 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Sparsh Mercantile Private Limited?

    According to the financial reports for the fiscal year 2017, the revenue trend for Sparsh Mercantile Private Limited has risen by 2129.93%.

  • What change has been observed in the net worth of Sparsh Mercantile Private Limited, and by what percentage?

    The financial reports for the fiscal year 2017 indicates that The net worth of Sparsh Mercantile Private Limited has experienced an upsurge of 0.75%.

  • What are the total open charges for Sparsh Mercantile Private Limited?

    As per the financial statements for fiscal Year 2017, The total open charges for Sparsh Mercantile Private Limited amount to ₹ 2.67 Cr.

  • When was the last Balance Sheet of Sparsh Mercantile Private Limited filed with the ROC?

    The most recent Balance Sheet for Sparsh Mercantile Private Limited was filed with the ROC on 31 Mar 2024.

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