Surat Trade And Mercantile Profile
Key Indicators
- Authorised Capital ₹ 84.00 Cr
- Paid Up Capital ₹ 22.21 Cr
- Company Age 79 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 258.09 Cr
- Revenue Growth 471.35%
- Profit Growth 1542.83%
- Ebitda 5.34%
- Net Worth 46.66%
- Total Assets 41.26%
About Surat Trade And Mercantile
Surat Trade And Mercantile Limited (STAML) was founded in India on 29 November 1945 and has a glorious history of 79 years and two months. Its registered office is in Surat, Gujarat, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 530185.
The Corporate was formerly known as The Surat Textile Mills Limited. The Company is engaged in the Manufacturing 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 84.00 Cr and a paid-up capital of Rs 22.21 Cr.
The company has closed loans amounting to ₹258.09 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Surat Trade And Mercantile Limited India are Mahek Nagda as COMPANY SECRETARY and Chandresh Punjabi as Cfo. Alok Shah, Paresh Chothani, Suhail Shah, and Three other members 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
L17119GJ1945PLC000214
-
Company No.
000214
-
Stock Symbol
BSE : 530185
-
Company Classification
Public Limited Indian Non-Government Company
-
Incorporation Date
29 Nov 1945
-
Date of AGM
11 Aug 2023
-
Date of Balance Sheet
31 Mar 2023
-
Listing Status
Listed
-
ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Surat Trade And Mercantile?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Alok Shah
|
Managing Director | 30-Jun-2022 | Current |
| Mahek Nagda | Company Secretary | 20-Mar-2023 | Current |
| Chandresh Punjabi | CFO | 11-Aug-2022 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Paresh Chothani
|
Whole-Time Director | 26-Nov-2021 | Current |
|
Suhail Shah
|
Whole-Time Director | 01-Sep-2023 | Current |
|
Ketan Jariwala
|
Director | 11-Aug-2014 | Current |
|
Deepak Shah
|
Director | 11-Aug-2022 | Current |
|
Kruti Kothari
|
Director | 09-Jul-2019 | Current |
Financial Performance of Surat Trade And Mercantile.
Surat Trade And Mercantile Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 471.35% increase. The company also saw a substantial improvement in profitability, with a 1542.83% increase in profit. The company's net worth Soared by an impressive increase of 46.66%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
|
(FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
|
||||||
| Revenue from Operations |
|
||||||
| Total Assets |
|
||||||
| Profit or Loss |
|
||||||
| Net Worth |
|
||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Surat Trade And Mercantile?
In 2021, Surat Trade And Mercantile had a promoter holding of 74.98% and a public holding of 25.02%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
-
Cryspal Properties LlpAlok Shah and Suhail Shah are mutual person
-
Amalfi Textiles Llp
Alok Shah and Suhail Shah are mutual person
-
Kumoani Properties Llp
Alok Shah and Suhail Shah are mutual person
-
Como Textiles Llp
Alok Shah and Suhail Shah are mutual person
-
Andromeda Textiles And Trading Private Limited
Alok Shah and Suhail Shah are mutual person
-
Rosekamal Textiles Limited
Alok Shah and Suhail Shah are mutual person
Charges (Loans)
₹0
₹258.09 Cr
Charges Breakdown by Lending Institutions
- Industrial Development Bank Of India : 125.55 Cr
- Bank Of Baroda : 55.00 Cr
- Dena Bank : 32.10 Cr
- Garden Silk Mills Limited : 29.00 Cr
- Stressed Assets Stabilisation Fund : 16.00 Cr
- Others : 0.44 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Dec 2017 | Idbi Trusteeship Services Limited | ₹3.67 M | Satisfied |
| 30 Jan 2013 | Bank Of Baroda | ₹30.00 Cr | Satisfied |
| 06 Jan 2012 | Bank Of Baroda | ₹20.00 Cr | Satisfied |
| 15 Dec 2009 | Bank Of Baroda | ₹5.00 Cr | Satisfied |
| 03 Dec 2009 | Garden Silk Mills Limited | ₹29.00 Cr | Satisfied |
How Many Employees Work at Surat Trade And Mercantile?
Unlock and access historical data on people associated with Surat Trade And 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 Surat Trade And 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 Surat Trade And 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.
