Swastik Mercantiles Limited

Imports and exports various goods such as cotton, jute, textiles, and chemicals.

1984 | Raipur, Chattisgarh (India) | Active
Last Updated:

Swastik Mercantiles Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 9.80 M
  • Company Age 40 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 5,064.04 Cr
  • Revenue Growth 2067.61%
  • Profit Growth 14763.50%
  • Ebitda 5.32%
  • Net Worth 10.25%
  • Total Assets 22.63%

About Swastik Mercantiles

Swastik Mercantiles Limited (SML) is a Public Limited Indian Non-Government Company incorporated in India on 13 November 1984 and has a history of 40 years and six months. Its registered office is in Raipur, Chattisgarh, India.

The Company is engaged in the Textile 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 1.00 Cr and a paid-up capital of Rs 9.80 M.

The company has closed loans amounting to ₹5,064.04 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Dinesh Goel, Sarla Goel, Bajrang Goel, and One other member serve as directors at the Company.

Company Details

  • Location

    Raipur, Chattisgarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17115CT1984PLC009032

  • Company No.

    009032

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    13 Nov 1984

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chhattisgarh

Industry

Textile
Company report

Swastik Mercantiles Limited

Explore comprehensive data for Swastik Mercantiles Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Swastik Mercantiles?

Board Members (4)

NameDesignationAppointment DateStatus
Dinesh Goel Country flag representing In Director 21-Oct-1997Current
Sarla Goel Country flag representing In Director 23-Aug-1985Current
Bajrang Goel Country flag representing In Director 12-Apr-2017Current
Pranav Goel Country flag representing In Director 02-Sep-2023Current

Financial Performance of Swastik Mercantiles.

Swastik Mercantiles Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 2067.61% increase. The company also saw a substantial improvement in profitability, with a 14763.5% increase in profit. The company's net worth Soared by an impressive increase of 10.25%.

Swastik Mercantiles revenue growth over time
Swastik Mercantiles 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
2067.61%
Revenue from Operations
Total Assets
22.63%
Profit or Loss
14763.50%
Net Worth
10.25%
EBITDA
5.32%

What is the Ownership and Shareholding Structure of Swastik Mercantiles?

In 2022, Swastik Mercantiles had a promoter holding of 88.78% and a public holding of 11.22%. 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

₹5,064.04 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 4113.91 Cr
  • Others : 542.38 Cr
  • Bank Of Baroda : 405.75 Cr
  • Yes Bank Limited : 2.00 Cr

Latest Charge Details

DateLenderAmountStatus
01 Oct 2022State Bank Of India₹1,881.21 CrSatisfied
20 Dec 2021State Bank Of India₹108.00 CrSatisfied
15 Jul 2020State Bank Of India₹32.50 CrSatisfied
07 Apr 2018State Bank Of India₹1,156.70 CrSatisfied
25 Nov 2014Others₹482.59 CrSatisfied

How Many Employees Work at Swastik Mercantiles?

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

Employee growth trends for Swastik Mercantiles Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Swastik Mercantiles, 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 Swastik Mercantiles'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 Swastik Mercantiles

Recent activity within the organization

  • Annual General Meeting

    Swastik Mercantiles Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

  • Charges

    A charge registered on 01 Oct 2022 via Charge ID 100611978 with State Bank Of India was fully satisfied on 08 Apr 2024.

  • Balance Sheet

    Swastik Mercantiles Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chhattisgarh.

  • Charges

    A charge registered on 05 Mar 2005 via Charge ID 90270859 with Others was fully satisfied on 14 Mar 2024.

  • Director Appointment

    Pranav Goel was appointed as a Director was appointed as a Director on 02 Sep 2023 & has been associated with this company since 1 year 8 months .

  • Charges

    A charge registered on 07 Apr 2018 via Charge ID 100190282 with State Bank Of India was fully satisfied on 11 Oct 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Swastik Mercantiles Limited?

    Swastik Mercantiles Limited was incorporated on 13 Nov 1984.

  • What is authorized share capital and paid-up capital of Swastik Mercantiles Limited?

    The authorized share capital of Swastik Mercantiles Limited is ₹ 1.00 Cr and paid-up capital is ₹ 9.80 M.

  • Who are the current board members & directors of Swastik Mercantiles Limited?

    Currently 4 directors are associated with Swastik Mercantiles Limited.

    • Dinesh Goel
    • Sarla Goel
    • Bajrang Goel
    • Pranav Goel

  • What is the registered address of Swastik Mercantiles Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Swastik Mercantiles Limited is 521/C Urla Industrial Complex, India, Raipur, Chattisgarh, 493221.

  • What is the corporate identification number (CIN) and company number of Swastik Mercantiles Limited?

    The corporate identification number (CIN) of Swastik Mercantiles Limited is U17115CT1984PLC009032 and the company number is 009032 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Swastik Mercantiles Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Swastik Mercantiles Limited has risen by 2067.61%.

  • What change has been observed in the net worth of Swastik Mercantiles Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Swastik Mercantiles Limited has experienced an upsurge of 10.25%.

  • When was the last Balance Sheet of Swastik Mercantiles Limited filed with the ROC?

    The most recent Balance Sheet for Swastik Mercantiles Limited was filed with the ROC on 31 Mar 2024.

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