Visal Mercantile Private Limited

Provides warehousing services and trades various goods through trading house, supermarkets, and shopping malls.

1999 | Mumbai, Maharashtra (India) | Active
Last Updated: January 19, 2025

Visal Mercantile Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.41 M
  • Company Age 25 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 5.23 Cr
  • Revenue Growth 3.66%
  • Profit Growth 4.59%
  • Ebitda -15.17%
  • Net Worth 0.35%
  • Total Assets -8.95%

About Visal Mercantile

Visal Mercantile Private Limited (VMPL) is a Private Limited Indian Non-Government Company incorporated in India on 11 June 1999 and has a history of 25 years and eight months. Its registered office is in Mumbai, Maharashtra.

The Company is engaged in the Transport And Logistics 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 0.50 M and a paid-up capital of Rs 0.41 M.

The company has closed loans amounting to ₹5.23 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Jagdish Gala, Kaushal Gala, and Damayanti Gala serve as directors at the Company.

Company Details

  • Location Mumbai, Maharashtra
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51900MH1999PTC120292

  • Company No.

    120292

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Jun 1999

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Transport and Logistics

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

Board Members (3)

NameDesignationAppointment DateStatus
Jagdish Gala Country flag representing In Director 11-Jun-1999Current
Kaushal Gala Country flag representing In Director 15-Sep-2002Current
Damayanti Gala Country flag representing In Director 15-Sep-2002Current

Financial Performance of Visal Mercantile.

Visal Mercantile Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 3.66% increase. The company also saw a slight improvement in profitability, with a 4.59% increase in profit. The company's net worth moved up by a moderate rise of 0.35%.

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
3.66%
Revenue from Operations
3.66%
Total Assets
-8.95%
Profit or Loss
4.59%
Net Worth
0.35%
EBITDA
-15.17%

What is the Ownership and Shareholding Structure of Visal Mercantile?

Unlock access to Visal Mercantile's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹52.30 M

Charges Breakdown by Lending Institutions

  • State Bank Of India : 2.85 Cr
  • Others : 2.38 Cr

Latest Charge Details

DateLenderAmountStatus
18 Jun 2019Others₹2.38 CrSatisfied
28 Jan 2012State Bank Of India₹2.85 CrSatisfied

How Many Employees Work at Visal Mercantile?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Charges

    A charge registered on 18 Jun 2019 via Charge ID 100277057 with Others was fully satisfied on 14 Mar 2024.

    14 Mar 2024

  • Annual General Meeting

    Visal Mercantile Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Visal Mercantile Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge registered on 28 Jan 2012 via Charge ID 10343396 with State Bank Of India was fully satisfied on 19 Jun 2019.

    19 Jun 2019

  • Charges

    A charge with Others amounted to Rs. 23.80 M with Charge ID 100277057 was registered on 18 Jun 2019.

    18 Jun 2019

  • Charges

    A charge with State Bank Of India amounted to Rs. 28.50 M with Charge ID 10343396 was registered on 28 Jan 2012.

    28 Jan 2012

Frequently asked questions

  • Visal Mercantile Private Limited was incorporated on 11 Jun 1999.

  • The authorized share capital of Visal Mercantile Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.41 M.

  • Currently 3 directors are associated with Visal Mercantile Private Limited.

    • Jagdish Shamji Gala
    • Kaushal Jagdish Gala
    • Damayanti Jagdish Gala
  • As per Ministry of Corporate Affairs (Mca), the registered address of Visal Mercantile Private Limited is 1102 Tulsi Towers A Wing M.G.Road H.N.Compound Goregaon(W), India, Mumbai, Maharashtra, 400062.

  • The corporate identification number (CIN) of Visal Mercantile Private Limited is U51900MH1999PTC120292 and the company number is 120292 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Visal Mercantile Private Limited has risen by 3.66%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Visal Mercantile Private Limited has experienced an upsurge of 0.35%.

  • The most recent Balance Sheet for Visal Mercantile Private Limited was filed with the ROC on 31 Mar 2023.