Sri Shivsakthi Mercantile Private Limited

Manufactures and trades in various ferrous and non-ferrous metals and by-products since 2019.

2019 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Sri Shivsakthi Mercantile Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 5 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 13.53 Cr
  • Revenue Growth -6.93%
  • Profit Growth -70.22%
  • Ebitda -60.75%
  • Net Worth 20.49%
  • Total Assets 22.24%

About Sri Shivsakthi Mercantile

Sri Shivsakthi Mercantile Private Limited (SSMPL) is a Private Limited Indian Non-Government Company incorporated in India on 27 May 2019 (Five years and nine months 11 days old ). 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 2.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹13.53 Cr.

Ramanujam Subbannaidu and Vinod Kothari 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

    U51909TN2019PTC129539

  • Company No.

    129539

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 May 2019

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Metals and Minerals

What products or services does Sri Shivsakthi Mercantile Private Limited offer?

Sri Shivsakthi Mercantile Private Limited offers a wide range of products and services, including Metal & Metal Made Products, Metal Bars.

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

Board Members (2)

NameDesignationAppointment DateStatus
Ramanujam Subbannaidu Country flag representing In Whole-Time Director 27-May-2019Current
Vinod Kothari Country flag representing In Whole-Time Director 01-Aug-2022Current

Financial Performance of Sri Shivsakthi Mercantile.

Sri Shivsakthi Mercantile Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 6.93% decrease. The company also saw a substantial fall in profitability, with a 70.22% decrease in profit. The company's net worth Soared by an impressive increase of 20.49%.

Sri Shivsakthi Mercantile revenue growth over time
Sri Shivsakthi 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
-6.93%
Revenue from Operations
-6.79%
Total Assets
22.24%
Profit or Loss
-70.22%
Net Worth
20.49%
EBITDA
-60.75%

What is the Ownership and Shareholding Structure of Sri Shivsakthi Mercantile?

In 2023, Sri Shivsakthi Mercantile had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹13.53 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 13.00 Cr
  • Hdfc Bank Limited : 0.32 Cr
  • Others : 0.20 Cr

Latest Charge Details

DateLenderAmountStatus
25 Mar 2024Axis Bank Limited₹13.00 CrOpen
17 Oct 2023Others₹0.89 MOpen
17 Oct 2023Others₹1.15 MOpen
21 Nov 2022Hdfc Bank Limited₹1.45 MOpen
24 Jun 2021Hdfc Bank Limited₹0.79 MOpen

How Many Employees Work at Sri Shivsakthi Mercantile?

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

Employee growth trends for Sri Shivsakthi Mercantile Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sri Shivsakthi 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 Sri Shivsakthi 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 Sri Shivsakthi Mercantile

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 13.00 Cr with Charge ID 100904558 was registered on 25 Mar 2024.

  • Charges

    A charge with Others amounted to Rs. 0.09 Cr with Charge ID 100812251 was registered on 17 Oct 2023.

  • Charges

    A charge with Others amounted to Rs. 0.12 Cr with Charge ID 100812256 was registered on 17 Oct 2023.

  • Annual General Meeting

    Sri Shivsakthi Mercantile Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

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

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.15 Cr with Charge ID 100672760 was registered on 21 Nov 2022.

Frequently asked questions

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

    Sri Shivsakthi Mercantile Private Limited was incorporated on 27 May 2019.

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

    The authorized share capital of Sri Shivsakthi Mercantile Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.00 Cr.

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

    Currently 2 directors are associated with Sri Shivsakthi Mercantile Private Limited.

    • Ramanujam Subbannaidu
    • Vinod Mahavir Kothari
  • What is the registered address of Sri Shivsakthi Mercantile Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sri Shivsakthi Mercantile Private Limited is No.665/2 1St Floor T.H. Road Tondiarpet, India, Chennai, Tamil Nadu, 600081.

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

    The corporate identification number (CIN) of Sri Shivsakthi Mercantile Private Limited is U51909TN2019PTC129539 and the company number is 129539 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Sri Shivsakthi Mercantile Private Limited?

    The Official website of Sri Shivsakthi Mercantile Private Limited is https://www.sssmpl.com

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Sri Shivsakthi Mercantile Private Limited has fallen by -6.93%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Sri Shivsakthi Mercantile Private Limited has experienced an upsurge of 20.49%.

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

    As per the financial statements for fiscal Year 2023, The total open charges for Sri Shivsakthi Mercantile Private Limited amount to ₹ 13.53 Cr.

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

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

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