Akum Mercantile Company Private Limited - Company Profile

It is a financial services private limited company based in Ahmedabad, Gujarat, India, established in 1989.
1989 Ahmedabad, Gujarat, India Amalgamated
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About Akum Mercantile Company Private Limited

Akum Mercantile Company Private Limited, a amalgamated private limited company, was established on 13 April 1989 in Ahmedabad, Gujarat, India. Engaging in diversified financial services within the financial services sector, it holds CIN: U99999GJ1989PTC113430. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹7.00 Cr and a paid-up capital of ₹5.95 Cr.

It upholds a compliant status. Its leadership includes Ira Maulik Shah (Director), Rustom Vakil Jal (Director), Maulik Jasubhai Shah (Managing Director). Past directors included Rustom Vakil Jal, Shweta Jasu Shah, Ira Maulik Shah. Its latest AGM occurred on 29 September 2022, with the balance sheet filed on 31 March 2022. It is based at Plot No 64/A, Phase 1, Gidc Estate Vatva, Ahmedabad, Gujarat, 382445.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U99999GJ1989PTC113430

  • Registration Number

    113430

  • Incorporation Date

    13 April 1989

  • Authorized Capital

    ₹7.00 Cr

  • Paid-Up Capital

    ₹5.95 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Amalgamated

Key Metrics
  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 5.95 Cr
  • Company Age 36 Year, 10 Months
  • Last Filing with ROC 31 Mar 2022
  • Revenue Growth **** 1515.84%
  • Profit Growth **** 157.16%
  • Ebitda **** 85.72%
  • Net Worth 0.17%
  • Total Assets **** 0.17%
Company report

Akum Mercantile Company Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Akum Mercantile Company 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 Akum Mercantile Company Private Limited?
Current Directors
Name Designation Appointment Date Status
Ira Maulik Shah Director 15 Jan 2016 Current
Rustom Vakil Jal Director 16 Sep 2021 Current
Maulik Jasubhai Shah Managing Director 20 May 2002 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Company Secretary - Past
Pramod Abcsdd Director 15 Jan 2016 Past
Pramod Abcsdd Additional Director 16 Sep 2016 Past
Pramod Abcsdd Director 15 Jan 2016 Past

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Financial Performance of Akum Mercantile Company.

Akum Mercantile Company Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 1515.84% increase. The company also saw a substantial improvement in profitability, with a 157.16% increase in profit. The company's net worth moved up by a moderate rise of 0.17%.

Akum Mercantile Company revenue growth over time
Akum Mercantile Company 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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 1515.84%
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*******
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Revenue from Operations
*******
*******
*******
*******
*******
*******
Total Assets
*******
 0.17%
*******
*******
*******
*******
Profit or Loss
*******
 157.16%
*******
*******
*******
*******
Net Worth
*******
 0.17%
*******
*******
*******
*******
EBITDA
*******
 85.72%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Akum Mercantile Company?

In 2022, Akum Mercantile Company 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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How Many Employees Work at Akum Mercantile Company?

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

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 Akum Mercantile Company, 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 Akum Mercantile Company's trajectory.

Rating
Graph displaying rating trends over time

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Alerts
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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 Akum Mercantile Company
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Akum Mercantile Company Private Limited last Annual general meeting of members was held on 29 Sep 2022 as per latest MCA records. was documented.

  • Balance Sheet

    Akum Mercantile Company Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Ahmedabad. was recorded as a recent event.

  • Director Appointment

    Progress on Rustom Vakil Jal was appointed as a Director was appointed as a Director on 16 Sep 2021 & has been associated with this company since 4 years 5 months . was documented.

  • Director Appointment

    The activity Ira Maulik Shah was appointed as a Director was appointed as a Director on 15 Jan 2016 & has been associated with this company since 10 years 1 month . was completed.

  • Director Appointment

    The activity Maulik Jasubhai Shah was appointed as a Managing Director was appointed as a Managing Director on 20 May 2002 & has been associated with this company since 23 years 9 months . was completed.

  • Company Incorporation

    The activity Akum Mercantile Company Private Limited was registered on 13 Apr 1989 with Roc Ahmedabad & aged 36 years 10 months as per MCA records. was completed.

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

The CIN of Akum Mercantile Company Private Limited is U99999GJ1989PTC113430.

Where is Akum Mercantile Company Private Limited headquartered?

Akum Mercantile Company Private Limited is headquartered at Plot No 64/A, Phase 1, Gidc Estate Vatva, Ahmedabad, Gujarat, 382445.

When was Akum Mercantile Company Private Limited incorporated?

Akum Mercantile Company Private Limited was incorporated on 13 April 1989.

Who are the current directors of Akum Mercantile Company Private Limited?

The current directors of Akum Mercantile Company Private Limited are

What is the primary industry of Akum Mercantile Company Private Limited?

The primary industry of Akum Mercantile Company Private Limited is Financial Services.

Is Akum Mercantile Company Private Limited a listed company?

Akum Mercantile Company Private Limited is unlisted.

What is the capital structure of Akum Mercantile Company Private Limited?

The authorized capital of Akum Mercantile Company Private Limited is ₹7.00 Cr, and the paid-up capital is ₹5.95 Cr.

What is the compliance status of Akum Mercantile Company Private Limited?

The compliance status of Akum Mercantile Company Private Limited is Compliant.

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