Update Mercantile Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 1.08 M
- Company Age 27 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 2.00 M
- Revenue Growth %
- Profit Growth 100.35%
- Ebitda 53.95%
- Net Worth
- Total Assets -3.48%
About Update Mercantile
Update Mercantile Private Limited (UMPL) is a Private Limited Indian Non-Government Company incorporated in India on 17 March 1997 and has a history of 27 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Agriculture 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 5.00 M and a paid-up capital of Rs 1.08 M.
The company has closed loans amounting to ₹2.00 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Rugved Kotwal, Sohansingh Parmar, and Chanchal Harchandani serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U51900MH1997PTC106633
- Company No.
106633
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
17 Mar 1997
- Date of AGM
25 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Update Mercantile?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rugved Kotwal  | Director | 01-Sep-2022 | Current |
| Sohansingh Parmar | Director | 30-Sep-2022 | Current |
| Chanchal Harchandani | Director | 01-Sep-2023 | Current |
Financial Performance of Update Mercantile.
Update Mercantile Private Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 100.35% increase in profit. The company's net worth witnessed no change by increase of 0%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Update Mercantile?
In 2022, Update 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.
Related Corporates (Common Directorship)
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Rugved Kotwal is a mutual person
- Gsm Developers Private Limited
Rugved Kotwal is a mutual person
- Granatic Infra Private Limited
Rugved Kotwal is a mutual person
- Octa Power Generations Private Limited
Rugved Kotwal is a mutual person
Charges (Loans)
₹0
₹2.00 M
Charges Breakdown by Lending Institutions
- Tirupati Urban Co-Operative Bank Limited : 0.20 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Jan 2000 | Tirupati Urban Co-Operative Bank Limited | ₹2.00 M | Satisfied |
How Many Employees Work at Update Mercantile?
Unlock and access historical data on people associated with Update 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 Update 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 Update 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.
