Surat Trade And Mercantile Limited

Produces polyester chips and partially oriented yarn in Surat, India.

1945 | Surat, Gujarat (India) | Active
Last Updated:

Surat Trade And Mercantile Profile

Key Indicators

  • Authorised Capital ₹ 84.00 Cr
  • Paid Up Capital ₹ 22.21 Cr
  • Company Age 79 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • 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 three 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 2024. 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 Chandresh Punjabi as CFO and Mahek Nagda as Company Secretary. Alok Shah, Suhail Shah, Deepak 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

    06 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

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

Executive Team (3)

NameDesignationAppointment DateStatus
Alok Shah Country flag representing In Managing Director30-Jun-2022Current
Chandresh Punjabi CFO11-Aug-2022Current
Mahek Nagda Company Secretary20-Mar-2023Current

Board Members (5)

NameDesignationAppointment DateStatus
Suhail Shah Country flag representing In Whole-Time Director 01-Sep-2023Current
Deepak Shah Country flag representing In Director 11-Aug-2022Current
Manish Gandhi Director 27-Jun-2024Current
Kruti Kothari Country flag representing In Director 09-Jul-2019Current
Paresh Chothani Country flag representing In Whole-Time Director 26-Nov-2021Current

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%.

Surat Trade And Mercantile revenue growth over time
Surat Trade And 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
471.35%
Revenue from Operations
Total Assets
41.26%
Profit or Loss
1542.83%
Net Worth
46.66%
EBITDA
5.34%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹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

DateLenderAmountStatus
28 Dec 2017Idbi Trusteeship Services Limited₹3.67 MSatisfied
30 Jan 2013Bank Of Baroda₹30.00 CrSatisfied
06 Jan 2012Bank Of Baroda₹20.00 CrSatisfied
15 Dec 2009Bank Of Baroda₹5.00 CrSatisfied
03 Dec 2009Garden Silk Mills Limited₹29.00 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 growth trends for Surat Trade And Mercantile Limited

Deals i

Graph showing company valuation over time

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

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 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 06 Aug 2024 as per latest MCA records.

  • Director Appointment

    Manish Jagdish Gandhi was appointed as a Director was appointed as a Director on 27 Jun 2024 & has been associated with this company since 8 months 13 days .

  • Balance Sheet

    Surat Trade And Mercantile Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Director Appointment

    Suhail Praful Shah was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 01 Sep 2023 & has been associated with this company since 1 year 6 months .

  • 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 7 months .

  • Director Appointment

    Chandresh Shyamlal Punjabi was appointed as a Cfo was appointed as a Cfo on 11 Aug 2022 & has been associated with this company since 2 years 7 months .

Frequently asked questions

  • What is the Incorporation or founding date of Surat Trade And Mercantile Limited?

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

  • What is authorized share capital and paid-up capital of Surat Trade And Mercantile Limited?

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

  • Who are the current board members & directors of Surat Trade And Mercantile Limited?

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

    • Alok Praful Shah
    • Suhail Praful Shah
    • Deepak Narandas Shah
    • Manish Jagdish Gandhi
    • Chandresh Shyamlal Punjabi
    • Mahek Dhiren Nagda
    • Kruti Ganpat Kothari
    • Paresh Vinaychandra Chothani

  • What is the registered address of Surat Trade And Mercantile Limited?

    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, India, Surat, Gujarat, 395010.

  • What is the corporate identification number (CIN) and company number of Surat Trade And Mercantile Limited?

    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).

  • Is Surat Trade And Mercantile Limited registered with any stock exchange in India?

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

  • What is the official website of Surat Trade And Mercantile Limited?

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

  • What has been the recent revenue trend for Surat Trade And Mercantile Limited?

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

  • What change has been observed in the net worth of Surat Trade And Mercantile Limited, and by what percentage?

    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%.

  • When was the last Balance Sheet of Surat Trade And Mercantile Limited filed with the ROC?

    The most recent Balance Sheet for Surat Trade And Mercantile Limited was filed with the ROC on 31 Mar 2024.

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