Vaibhav Mercantile Ltd
Manufacturer and trader of TMT rebars and billets, also engaged in general trading and representation services.
1987 | Mumbai, Maharashtra (India) | Active
Vaibhav Mercantile Profile
Key Indicators
- Authorised Capital ₹ 3.15 Cr
- Paid Up Capital ₹ 3.00 Cr
- Company Age 37 Year, 6 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 six 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
Vaibhav Mercantile Ltd
Explore comprehensive data for Vaibhav Mercantile Ltd, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Vaibhav Mercantile?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Dinesh Gour  | Additional Director | 29-Feb-2024 | Current |
| Rajasingh Singh | Director | 28-May-2018 | Current |
| Dharanibabu Munusamy | Additional Director | 27-Jan-2024 | Current |
| Pothinadar Radhakrishnan | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
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.
Deals i
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
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.
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 1 year 1 month .
- 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 2 months .
- 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.
- Charges
A charge registered on 24 Dec 1997 via Charge ID 90213123 with Union Bank Of India was fully satisfied on 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.
- Charges
A charge registered on 08 Feb 1996 via Charge ID 90214594 with Union Bank Of India was fully satisfied on 02 Jan 2024.
Frequently asked questions
What is the Incorporation or founding date of Vaibhav Mercantile Ltd?
Vaibhav Mercantile Ltd was incorporated on 09 Oct 1987.
What is authorized share capital and paid-up capital of Vaibhav Mercantile Ltd?
The authorized share capital of Vaibhav Mercantile Ltd is ₹ 3.15 Cr and paid-up capital is ₹ 3.00 Cr.
Who are the current board members & directors of Vaibhav Mercantile Ltd?
Currently 4 directors are associated with Vaibhav Mercantile Ltd.
- Dinesh Gour
- Rajasingh Prathap Singh
- Dharanibabu Munusamy
- Pothinadar Subramani Radhakrishnan
What is the registered address of Vaibhav Mercantile Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Vaibhav Mercantile Ltd is 117 Mittal Chambersnariman Point, Mumbai, Maharashtra, India, 400021.
What is the corporate identification number (CIN) and company number of Vaibhav Mercantile Ltd?
The corporate identification number (CIN) of Vaibhav Mercantile Ltd is U17002MH1987PLC044947 and the company number is 044947 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Vaibhav Mercantile Ltd?
According to the financial reports for the fiscal year 2023, the revenue trend for Vaibhav Mercantile Ltd has risen by 46.92%.
How many employees does Vaibhav Mercantile Ltd currently have?
As Per 2023 financial reports, 25 employees are currently employed by Vaibhav Mercantile Ltd.
What change has been observed in the net worth of Vaibhav Mercantile Ltd, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Vaibhav Mercantile Ltd has experienced an upsurge of 40.15%.
What are the total open charges for Vaibhav Mercantile Ltd?
As per the financial statements for fiscal Year 2023, The total open charges for Vaibhav Mercantile Ltd amount to ₹ 21.17 Cr.
When was the last Balance Sheet of Vaibhav Mercantile Ltd filed with the ROC?
The most recent Balance Sheet for Vaibhav Mercantile Ltd was filed with the ROC on 31 Mar 2023.
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