Highpower Mercantile Limited Company Logo

Highpower Mercantile Limited - Company Profile

It is a financial services public limited company based in Mumbai, Maharashtra, India, established in 1989.

1989 | Mumbai, Maharashtra, India | Active
Last Updated:

About Highpower Mercantile Limited

Highpower Mercantile Limited, a active public limited company, was established on 26 June 1989 in Mumbai, Maharashtra, India. Engaging in real estate financing within the financial and insurance service sector, it holds CIN: U31100MH1989PLC052356. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹1.00 M.

It upholds a compliant status. Its leadership includes Sanjay Maheshwari (Director), Nirmalkumar Murarka (Director), Pravin Prabhakar Parab (Director). Past directors included Ramakrishnan Venkataraman Iyer, Digambar Muralidhar Gadre, Nandkishore Parmanand Mittal. Its latest AGM occurred on 28 September 2024, with the balance sheet filed on 31 March 2024. It is based at 11 Cama Industrial Estate, Goregaon (East),, Mumbai, Maharashtra, 400063.

Company Details

  • CIN/LLPIN

    U31100MH1989PLC052356

  • Registration Number

    052356

  • Incorporation Date

    26 June 1989

  • Authorized Capital

    ₹1.00 M

  • Paid-Up Capital

    ₹1.00 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 36 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -21.61%
  • Profit Growth 62.13%
  • Ebitda 74.18%
  • Net Worth -6.92%
  • Total Assets -1.85%
Company report

Highpower Mercantile Limited

Company Report FY 2025-2026

Explore comprehensive insights into Highpower Mercantile 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 Highpower Mercantile Limited?

Current Directors

NameDesignationAppointment DateStatus
Sanjay MaheshwariDirector15 Oct 2022Current
Nirmalkumar MurarkaDirector13 Dec 2019Current
Pravin Prabhakar ParabDirector17 May 2024Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector02 May 2008Past
Pramod AbcsddDirector17 May 2024Past
Pramod AbcsddDirector13 Dec 2019Past
Pramod AbcsddDirector15 Oct 2022Past

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Financial Performance of Highpower Mercantile.

Highpower Mercantile Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 21.61% decrease. The company also saw a substantial improvement in profitability, with a 62.13% increase in profit. The company's net worth dipped by a decrease of 6.92%.

Highpower Mercantile revenue growth over time
Highpower Mercantile 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
-21.61%
Revenue from Operations
-18.38%
Total Assets
-1.85%
Profit or Loss
62.13%
Net Worth
-6.92%
EBITDA
74.18%

What is the Ownership and Shareholding Structure of Highpower Mercantile?

In 2019, Highpower Mercantile had a promoter holding of 45.50% and a public holding of 54.50%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

There are no open charges registered against the company as per our records.

How Many Employees Work at Highpower Mercantile?

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

Employee growth trends for Highpower Mercantile Limited

Deals i

Graph showing company valuation over time

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

Recent Activity within the Organization

  • Annual General Meeting

    Highpower Mercantile Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Director Appointment

    Progress on Pravin Prabhakar Parab was appointed as a Director was appointed as a Director on 17 May 2024 & has been associated with this company since 1 year 6 months . was documented.

  • Balance Sheet

    Highpower Mercantile Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was recorded as a recent event.

  • Director Appointment

    The activity Sanjay Maheshwari was appointed as a Director was appointed as a Director on 15 Oct 2022 & has been associated with this company since 3 years 1 month . was completed.

  • Director Appointment

    Nirmalkumar Murarka was appointed as a Director was appointed as a Director on 13 Dec 2019 & has been associated with this company since 5 years 11 months . was recorded as a recent event.

  • Company Incorporation

    Highpower Mercantile Limited was registered on 26 Jun 1989 with Roc Mumbai & aged 36 years 5 months as per MCA records. was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Highpower Mercantile Limited?

    The CIN of Highpower Mercantile Limited is U31100MH1989PLC052356.

  • Where is Highpower Mercantile Limited headquartered?

    Highpower Mercantile Limited is headquartered at 11 Cama Industrial Estate, Goregaon (East),, Mumbai, Maharashtra, 400063.

  • When was Highpower Mercantile Limited incorporated?

    Highpower Mercantile Limited was incorporated on 26 June 1989.

  • Who are the current directors of Highpower Mercantile Limited?

    The current directors of Highpower Mercantile Limited are

  • What is the primary industry of Highpower Mercantile Limited?

    The primary industry of Highpower Mercantile Limited is Financial And Insurance Service.

  • Is Highpower Mercantile Limited a listed company?

    Highpower Mercantile Limited is unlisted.

  • What is the capital structure of Highpower Mercantile Limited?

    The authorized capital of Highpower Mercantile Limited is ₹1.00 M, and the paid-up capital is ₹1.00 M.

  • What is the compliance status of Highpower Mercantile Limited?

    The compliance status of Highpower Mercantile Limited is Compliant.

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