Surat Trade And Mercantile Limited logo

Surat Trade And Mercantile Limited

Produces polyester chips and partially oriented yarn in Surat, India.
1945 | Surat, Gujarat (India) | Active

Last Updated:

May 15, 2024
HomeCompanySurat Trade And Mercantile Limited

Who are the key members and board of directors at Surat Trade And Mercantile?

Executive Team (3)

NameDesignationAppointment DateStatus
Alok Shah InManaging Director30-Jun-2022Current
Mahek NagdaCompany Secretary20-Mar-2023Current
Chandresh PunjabiCFO11-Aug-2022Current

Board Members(5)

NameDesignationAppointment DateStatus
Paresh Chothani In Whole-Time Director 26-Nov-2021Current
Suhail Shah In Whole-Time Director 01-Sep-2023Current
Ketan Jariwala In Director 11-Aug-2014Current
Deepak Shah In Director 11-Aug-2022Current
Kruti Kothari In Director 09-Jul-2019Current

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%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
471.35%
Revenue from Operations
Total Assets
41.26%
Profit or Loss
1542.83%
Net Worth
46.66%
EBITDA
5.34%

Related Corporates (Common Directorship)

Charges (Loans)

Satisfied Charges

₹258.09 Cr

LenderAmountStatus

Idbi Trusteeship Services Limited

Creation Date: 28 Dec 2017
₹3.67 MSatisfied

Bank Of Baroda

Creation Date: 30 Jan 2013
₹30.00 CrSatisfied

Bank Of Baroda

Creation Date: 06 Jan 2012
₹20.00 CrSatisfied

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.

Employee Graph

Deals i

Rating

Alerts

Latest Updates, News, and FAQs on Surat Trade And Mercantile

Recent activity within the organization

  • Annual General Meeting

    Surat Trade And Mercantile Limited last Annual general meeting of members was held on 11 Aug 2023 as per latest MCA records.

    11 Aug 2023

  • Balance Sheet

    Surat Trade And Mercantile Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Director Appointment

    Deepak Narandas Shah was appointed as a Director was appointed as a Director on 11 Aug 2022 & has been associated with this company since 2 years 4 months .

    11 Aug 2022

  • Director Appointment

    Alok Praful Shah was appointed as a Managing Director was appointed as a Managing Director on 30 Jun 2022 & has been associated with this company since 2 years 5 months .

    30 Jun 2022

  • Director Appointment

    Paresh Vinaychandra Chothani was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 26 Nov 2021 & has been associated with this company since 3 years 27 days .

    26 Nov 2021

  • Charges

    A charge registered on 28 Dec 2017 via Charge ID 100158714 with Idbi Trusteeship Services Limited was fully satisfied on 03 May 2021.

    03 May 2021

Recent News, Updates & Announcement

Frequently asked questions

  • Surat Trade And Mercantile Limited was incorporated on 29 Nov 1945.

  • The authorized share capital of Surat Trade And Mercantile Limited is ₹ 84.00 Cr and paid-up capital is ₹ 22.21 Cr.

  • Currently 8 directors are associated with Surat Trade And Mercantile Limited.

    • Alok Praful Shah
    • Paresh Vinaychandra Chothani
    • Suhail Praful Shah
    • Ketan Arunchandra Jariwala
    • Deepak Narandas Shah
    • Kruti Ganpat Kothari
    • Mahek Dhiren Nagda
    • Chandresh Shyamlal Punjabi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Surat Trade And Mercantile Limited is Tulsi Krupa Arcade 6Th Floor Near Aai Mata Chowk, Puna-Kumbharia Road Dumbhal, Surat, Gujarat, India, 395010.

  • The corporate identification number (CIN) of Surat Trade And Mercantile Limited is L17119GJ1945PLC000214 and the company number is 000214 as per Ministry of Corporate Affairs (MCA).

  • Yes, Surat Trade And Mercantile Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Surat Trade And Mercantile Limited is https://www.surattextilemillsltd.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Surat Trade And Mercantile Limited has risen by 471.35%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Surat Trade And Mercantile Limited has experienced an upsurge of 46.66%.

  • The most recent Balance Sheet for Surat Trade And Mercantile Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Textile & Fabric Production