About I. B. Mercantile Private Limited
Data last updated:
I. B. Mercantile Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Kamaths Ourtimes Icecreams Private Limited. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the real estate marketing and sales segment of the real estate and construction sector. It was incorporated on 15 February 2007.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U70101MH2007PTC167891.
The company had an authorised share capital of ₹27 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Raghunandan Srinivas Kamath and Pushpalatha Raghunandan Kamath.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Mumbai, Maharashtra.
As per MCA filings, the company had satisfied charges of ₹8.17 Cr on record. The company has 1 deal on record (1 secondary share transfer); the latest was in June 2008.
The last known website on record is naturalicecreams.in.
Company details
Contact details
I. B. Mercantile Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered AddressPlot No. 55/A 55/B 55/C & 55/D Kandivili Co.Op Industrial Estate Ltd Charkop Kandivil, I(W), Mumbai, Maharashtra, India – 400067
- IndustryReal Estate and Construction, Real Estate Marketing & Sales
To see the full contact details of I. B. 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
Business activity
The main business activity of I. B. Mercantile is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
Financials of I. B. Mercantile Private Limited
FY 2018 filings availableI. B. Mercantile Private Limited reported revenue of ₹150 (up 100% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 100% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 83%. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of I. B. Mercantile Private Limited, buy the company report.
Board of directors of I. B. Mercantile Private Limited
I. B. Mercantile has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raghunandan Srinivas Kamath | Director | 09 Jun 2008 | 18 Years 4 Months | As last reported |
| Pushpalatha Raghunandan Kamath Also directs: Siddhant Icecreams LLP, Lands Flavour LLP, Kamaths Ourtimes Icecreams Private Limited and 1 more | Director | 09 Jun 2008 | 18 Years 4 Months | As last reported |
Auditor
I. B. Mercantile Private Limited is audited by V. P. H. & Associates for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V. P. H. & Associates | FY 2016 |
Shareholding
The shareholding of I. B. 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 I. B. Mercantile Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Jun 2008 | 10114479 | The Saraswat Co-Op Bank Ltd | ₹8.17 Cr | Satisfied |
To see the full charge records of I. B. Mercantile Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
I. B. Mercantile Private Limited has 1 deal on record (1 secondary share transfer); the latest was in June 2008.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2008 | Secondary share transfer | Undisclosed | Buyer: Kamaths Ourtimes Icecreams Private Limited , 2 individuals Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving I. B. Mercantile Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for I. B. Mercantile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for I. B. Mercantile Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
I. B. Mercantile Private Limited has 8 board changes on record since 2008: 2 appointments and 6 cessations. The latest: Amin Ibrahim Jaka ceased to be Additional Director on 09 Jun 2008.
1 earlier event is in the company report.
Frequently asked questions
I. B. Mercantile has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
I. B. Mercantile was a private limited company based in Mumbai, Maharashtra, India. The company worked in real estate marketing and sales, within the real estate and construction industry. It was incorporated on 15 February 2007 and is registered under CIN U70101MH2007PTC167891. The company has been struck off by the Registrar of Companies and is no longer operational.
I. B. Mercantile had 2 directors:
- Raghunandan Srinivas Kamath - Director
- Pushpalatha Raghunandan Kamath - Director
The CIN (Corporate Identification Number) of I. B. Mercantile is U70101MH2007PTC167891. 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 I. B. Mercantile is at Plot No. 55A 55B 55C & 55D Kandivili Co.Op Industrial Estate Ltd Charkop Kandivil, IW, Mumbai, Maharashtra, India – 400067.
I. B. Mercantile was incorporated on 15 February 2007. It is registered with the Registrar of Companies, Mumbai.
I. B. Mercantile can be reached through the website naturalicecreams.in. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of I. B. Mercantile on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
I. B. Mercantile operated in the real estate and construction industry, in the real estate marketing and sales segment. It worked in this industry before it was struck off.
I. B. Mercantile has 1 deal on record (1 secondary share transfer); the latest was in June 2008.