Vaibhav Mercantile Ltd

Manufacturer and trader of TMT rebars and billets, also engaged in general trading and representation services.

1987 | Mumbai, Maharashtra (India) | Active
Last Updated: June 15, 2024

Vaibhav Mercantile Profile

Key Indicators

  • Authorised Capital ₹ 3.15 Cr
  • Paid Up Capital ₹ 3.00 Cr
  • Company Age 37 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 21.17 Cr
  • Satisfied Charges ₹ 11.42 Cr
  • Revenue Growth 46.92%
  • Profit Growth 18.18%
  • Ebitda 13.18%
  • Net Worth 40.15%
  • Total Assets 13.92%

About Vaibhav Mercantile

Vaibhav Mercantile Ltd (VML) is a leading Public Limited Indian Non-Government Company incorporated in India on 09 October 1987 and has a history of 37 years and three months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Vaibhav Mercantile Private Limited. The Company is engaged in the Metals And Minerals 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 3.15 Cr and a paid-up capital of Rs 3.00 Cr.

The company currently has active open charges totaling ₹21.17 Cr. The company has closed loans amounting to ₹11.42 Cr, as per Ministry of Corporate Affairs (MCA) records.

Dinesh Gour, Rajasingh Singh, Dharanibabu Munusamy, and One other member 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

    U17002MH1987PLC044947

  • Company No.

    044947

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 Oct 1987

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals

Who are the key members and board of directors at Vaibhav Mercantile?

Board Members (4)

Name Designation Appointment Date Status
Dinesh Gour Country flag representing In Additional Director 29-Feb-2024 Current
Rajasingh Singh Country flag representing In Director 28-May-2018 Current
Dharanibabu Munusamy Country flag representing In Additional Director 27-Jan-2024 Current
Pothinadar Radhakrishnan Country flag representing In Director 20-Jun-2018 Current

Financial Performance of Vaibhav Mercantile.

Vaibhav Mercantile Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 46.92% increase. The company also saw a substantial improvement in profitability, with a 18.18% increase in profit. The company's net worth Soared by an impressive increase of 40.15%.

Graph illustrating revenue growth over time
Graph showing 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
46.92%
Revenue from Operations
46.90%
Total Assets
13.92%
Profit or Loss
18.18%
Net Worth
40.15%
EBITDA
13.18%

What is the Ownership and Shareholding Structure of Vaibhav Mercantile?

In 2023, Vaibhav 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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹21.17 Cr

Satisfied Charges

₹11.42 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 21.17 Cr

Latest Charge Details

Date Lender Amount Status
28 Dec 2023 Hdfc Bank Limited ₹20.00 Cr Open
07 Sep 2023 Hdfc Bank Limited ₹2.02 M Open
30 Mar 2022 Hdfc Bank Limited ₹4.34 M Open
08 Jul 2021 Hdfc Bank Limited ₹1.23 M Open
09 Mar 2021 Hdfc Bank Limited ₹2.06 M Open

How Many Employees Work at Vaibhav Mercantile?

Vaibhav Mercantile has a workforce of 25 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vaibhav 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 Vaibhav 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 Vaibhav Mercantile

Recent activity within the organization

  • Director Appointment

    Dinesh Gour was appointed as a Additional Director was appointed as a Additional Director on 29 Feb 2024 & has been associated with this company since 11 months 5 days .

    29 Feb 2024

  • Director Appointment

    Dharanibabu Munusamy was appointed as a Additional Director was appointed as a Additional Director on 27 Jan 2024 & has been associated with this company since 1 year 7 days .

    27 Jan 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 20.00 Cr registered on 28 Dec 2023 with Charge ID 100847472 was modified on 23 Jan 2024.

    23 Jan 2024

  • Charges

    A charge registered on 24 Dec 1997 via Charge ID 90213123 with Union Bank Of India was fully satisfied on 02 Jan 2024.

    02 Jan 2024

  • Charges

    A charge registered on 20 Jun 1996 via Charge ID 90212883 with Union Bank Of India was fully satisfied on 02 Jan 2024.

    02 Jan 2024

  • Charges

    A charge registered on 08 Feb 1996 via Charge ID 90214594 with Union Bank Of India was fully satisfied on 02 Jan 2024.

    02 Jan 2024

Frequently asked questions

  • Vaibhav Mercantile Ltd was incorporated on 09 Oct 1987.

  • The authorized share capital of Vaibhav Mercantile Ltd is ₹ 3.15 Cr and paid-up capital is ₹ 3.00 Cr.

  • Currently 4 directors are associated with Vaibhav Mercantile Ltd.

    • Dinesh Gour
    • Rajasingh Prathap Singh
    • Dharanibabu Munusamy
    • Pothinadar Subramani Radhakrishnan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vaibhav Mercantile Ltd is 117 Mittal Chambersnariman Point, Mumbai, Maharashtra, India, 400021.

  • The corporate identification number (CIN) of Vaibhav Mercantile Ltd is U17002MH1987PLC044947 and the company number is 044947 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Vaibhav Mercantile Ltd has risen by 46.92%.

  • As Per 2023 financial reports, 25 employees are currently employed by Vaibhav Mercantile Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Vaibhav Mercantile Ltd has experienced an upsurge of 40.15%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Vaibhav Mercantile Ltd amount to ₹ 21.17 Cr.

  • The most recent Balance Sheet for Vaibhav Mercantile Ltd was filed with the ROC on 31 Mar 2023.

Similar Companies Based on Steel Manufacturing & Processing