Akshata Mercantile Private Limited - Company Profile

It is a metals and minerals private limited company based in Mumbai, Maharashtra, India, established in 2001.
2001 Mumbai, Maharashtra, India Under Liquidation
Last Updated:
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About Akshata Mercantile Private Limited

Akshata Mercantile Private Limited, a under liquidation private limited company, was established on 13 August 2001 in Mumbai, Maharashtra, India. Engaging in metal retail & distribution within the trade sector, it holds CIN: U51909MH2001PTC133035. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹22.00 Cr and a paid-up capital of ₹19.94 Cr.

It upholds a active non-compliant status. Employing 11 professional, Its leadership includes Mangesh Heeraji Gorivale (Director), Chandrakant Shankar Lad (Director), Dilipkumar Natvarlal Jagad (Irp/Rp/Liquidator). Past directors included Vaibhav Prasanna Lodha, Sheela Lodha, Indrakumar Onkarmul Dudhwewala. It holds ₹876.50 Cr open charges and ₹158.00 Cr settled loans. Its latest AGM occurred on 29 September 2018, with the balance sheet filed on 31 March 2018. It is based at 308, 3Rd Floor Ceejay House Dr. A. B. Road, Worli, Mumbai, Maharashtra, 400018.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U51909MH2001PTC133035

  • Registration Number

    133035

  • Incorporation Date

    13 August 2001

  • Authorized Capital

    ₹22.00 Cr

  • Paid-Up Capital

    ₹19.94 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Under Liquidation

Key Metrics
  • Authorised Capital ₹ 22.00 Cr
  • Paid Up Capital ₹ 19.94 Cr
  • Company Age 24 Year, 6 Months
  • Last Filing with ROC 31 Mar 2018
  • Open Charges ₹ 876.50 Cr
  • Satisfied Charges ₹ 158.00 Cr
  • Revenue Growth **** -99.92%
  • Profit Growth **** -235.44%
  • Ebitda **** -24.64%
  • Net Worth -111.29%
  • Total Assets -39.70%
Company report

Akshata Mercantile Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Akshata Mercantile Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Akshata Mercantile Private Limited?
Current Directors
Name Designation Appointment Date Status
Mangesh Heeraji Gorivale Director 15 Dec 2014 Current
Chandrakant Shankar Lad Director 12 Jun 2014 Current
Dilipkumar Natvarlal Jagad Irp/Rp/Liquidator 17 Jan 2024 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 15 Dec 2014 Past
Pramod Abcsdd Managing Director 24 Nov 2010 Past
Pramod Abcsdd Additional Director 18 Jun 2014 Past
Pramod Abcsdd Whole-Time Director 03 May 2012 Past
Pramod Abcsdd Additional Director 05 Apr 2013 Past
Pramod Abcsdd Additional Director 15 Sep 2015 Past

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Financial Performance of Akshata Mercantile.

Akshata Mercantile Private Limited, for the financial year ended 2018, experienced significant reduction in revenue, with a 99.92% decrease. The company also saw a substantial fall in profitability, with a 235.44% decrease in profit. The company's net worth observed a substantial decline by a decrease of 111.29%.

Akshata Mercantile revenue growth over time
Akshata Mercantile profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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 -99.92%
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Revenue from Operations
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 -99.99%
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Total Assets
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 -39.70%
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Profit or Loss
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 -235.44%
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Net Worth
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 -111.29%
*******
*******
*******
*******
EBITDA
*******
 -24.64%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Akshata Mercantile?

In 2018, Akshata 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 Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹8,765,000,000.00

Satisfied Charges

₹1,580,000,000.00

Charges Breakdown by Lending Institutions
  • State Bank Of India : 617.50 Cr
  • State Bank Of Travancore : 115.00 Cr
  • Bank Of Baroda : 109.00 Cr
  • Central Bank Of India : 35.00 Cr
Latest Charge Details
Date Lender Amount Status
16 Jul 2012 Central Bank Of India ₹35.00 Cr Open
22 May 2012 State Bank Of Travancore ₹15.00 Cr Open
19 May 2012 State Bank Of Travancore ₹15.00 Cr Open
22 Mar 2012 Bank Of Baroda ₹25.00 Cr Open
07 Mar 2012 State Bank Of Travancore ₹35.00 Cr Open

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How Many Employees Work at Akshata Mercantile?

Akshata Mercantile has a workforce of 11 employees as of Apr 11, 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.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Akshata 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 Akshata 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.

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Latest Updates, News, and FAQs on Akshata Mercantile
Recent Activity within the Organization
  • Director Appointment

    Dilipkumar Natvarlal Jagad was appointed as a IRP/RP/Liquidator was appointed as a IRP/RP/Liquidator on 17 Jan 2024 & has been associated with this company since 2 years 29 days . was recorded as a recent event.

  • Annual General Meeting

    The activity Akshata Mercantile Private Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records. was completed.

  • Balance Sheet

    Akshata Mercantile Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Mumbai. was recorded as a recent event.

  • Director Appointment

    Progress on Mangesh Heeraji Gorivale was appointed as a Director was appointed as a Director on 15 Dec 2014 & has been associated with this company since 11 years 2 months . was documented.

  • Director Appointment

    The activity Chandrakant Shankar Lad was appointed as a Director was appointed as a Director on 12 Jun 2014 & has been associated with this company since 11 years 8 months . was completed.

  • Charges

    A charge registered on 04 Dec 2002 via Charge ID 80067340 with Canara Bank was fully satisfied on 07 Mar 2014. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Akshata Mercantile Private Limited?

The CIN of Akshata Mercantile Private Limited is U51909MH2001PTC133035.

Where is Akshata Mercantile Private Limited headquartered?

Akshata Mercantile Private Limited is headquartered at 308, 3Rd Floor Ceejay House Dr. A. B. Road, Worli, Mumbai, Maharashtra, 400018.

When was Akshata Mercantile Private Limited incorporated?

Akshata Mercantile Private Limited was incorporated on 13 August 2001.

Who are the current directors of Akshata Mercantile Private Limited?

The current directors of Akshata Mercantile Private Limited are

What is the primary industry of Akshata Mercantile Private Limited?

The primary industry of Akshata Mercantile Private Limited is Trade.

Is Akshata Mercantile Private Limited a listed company?

Akshata Mercantile Private Limited is unlisted.

What is the capital structure of Akshata Mercantile Private Limited?

The authorized capital of Akshata Mercantile Private Limited is ₹22.00 Cr, and the paid-up capital is ₹19.94 Cr.

What is the compliance status of Akshata Mercantile Private Limited?

The compliance status of Akshata Mercantile Private Limited is Active Non-Compliant.

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