Elevated Mercantile Private Limited
About Elevated Mercantile Private Limited
Data last updated:
Elevated Mercantile Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been dissolved under section 54 as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the food and beverage distribution segment of the food and beverages sector. It was incorporated on 01 May 2012.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2012PTC230502. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Sarla Sanghvi and Jayantilal Sanghvi.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2017, the company reported a revenue of ₹662.08 Cr, a growth of 103% compared to the previous year. For the same year it recorded a net profit of ₹80,960 (net margin 0%) and EBITDA of ₹1.03 Lakh (EBITDA margin 0%).
Court records list 1 case involving the company, including 1 filed against it.
Company details
CIN history
Elevated Mercantile has one previous CIN (Corporate Identification Number): U52190MH2012PTC230502. The current CIN is U51909MH2012PTC230502, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909MH2012PTC230502 | Current |
| U52190MH2012PTC230502 | Previous |
Contact details
Elevated Mercantile Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No. 134 1st Floor V – Mall Apartment Owners Condominium Thakur Complex Kandi, Vali (E), Mumbai, Maharashtra, India – 400101
- IndustryFood and Beverages, Food & Beverage Retail & Distribution
To see the full contact details of Elevated Mercantile Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Elevated Mercantile Private Limited
FY 2017 filings availableElevated Mercantile Private Limited reported revenue of ₹662.08 Cr (up 103% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 103% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹662.08 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹1.03 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹80,960 | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 0% | ||
| Net Profit Margin | 0% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Elevated Mercantile Private Limited, buy the company report.
Board of directors of Elevated Mercantile Private Limited
Elevated Mercantile has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sarla Sanghvi | Director | 03 May 2012 | 14 Years 5 Months | As last reported |
| Jayantilal Sanghvi Also directs: Frame Impex Private Limited, E-Dp Marketing Private Limited, Nirbhay Enterprises Private Limited and 1 more | Director | 03 May 2012 | 14 Years 5 Months | As last reported |
Auditor
Elevated Mercantile Private Limited is audited by HUSAIN SHABBIR & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HUSAIN SHABBIR & CO | FY 2017 | 006601C |
Shareholding
The shareholding of Elevated Mercantile Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Elevated Mercantile Private Limited, buy the company report.
Legal cases
Elevated Mercantile Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Insolvency matter | Filed against the company by Eden Rose Trading Pvt Ltd | Disposed |
To see the full case history of Elevated Mercantile Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Elevated Mercantile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Elevated Mercantile has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Elevated Mercantile Private Limited, buy the company report.
Recent activity
Elevated Mercantile Private Limited has 4 board changes on record since 2012: 2 appointments and 2 cessations. The latest: Divya V Matharu ceased to be Director on 15 May 2012.
Frequently asked questions
Elevated Mercantile has been "Dissolved Under Section 54" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Elevated Mercantile was a private limited company based in Mumbai, Maharashtra, India. The company worked in food and beverage retail and distribution, within the food and beverages industry. It was incorporated on 01 May 2012 and is registered under CIN U51909MH2012PTC230502. The company is recorded as dissolved under section 54 in MCA records and no longer exists as a legal entity.
Elevated Mercantile was incorporated on 01 May 2012. It is registered with the Registrar of Companies, Mumbai.
Elevated Mercantile had 2 directors:
- Sarla Sanghvi - Director
- Jayantilal Sanghvi - Director
The CIN (Corporate Identification Number) of Elevated Mercantile is U51909MH2012PTC230502. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Elevated Mercantile is at Shop No. 134 1st Floor V – Mall Apartment Owners Condominium Thakur Complex Kandi, Vali E, Mumbai, Maharashtra, India – 400101.
The latest financial statements of Elevated Mercantile on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
No. Elevated Mercantile has 1 GST registration on record and it is cancelled or inactive.
Elevated Mercantile operated in the food and beverages industry, in the food and beverage retail and distribution segment.
Elevated Mercantile has 1 court case on record: 1 filed against it.