Magnificent Mercantile Private Limited, a active private limited company, was established on 23 April 1992 in Mumbai, Maharashtra, India. Engaging in equipment leasing & financing within the trade sector, it holds CIN: U51900MH1992PTC066485. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹3.00 Cr and a paid-up capital of ₹2.75 Cr.
It upholds a compliant status. Employing 4 professional, Its leadership includes Darshitkumar Tarunkumar Parikh (Director), Bhavin Surendra Shah (Director). Past directors included Darshitkumar Tarunkumar Parikh, Saurin Jitendra Parikh, Bhavin Surendra Shah. It holds no open charges and ₹79.14 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Unit No. D-412, 4Th Floor, Crystal Plaza Premises Co-Operative Society Ltd, Linking Road, Andheri West, Mumbai, Maharashtra, 400053.
U51900MH1992PTC066485
066485
23 April 1992
₹3.00 Cr
₹2.75 Cr
Roc Mumbai
Unlisted
Active
Explore comprehensive insights into Magnificent 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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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Darshitkumar Tarunkumar Parikh | Director | 14 Jul 2020 | Current |
| Bhavin Surendra Shah | Director | 14 Jul 2020 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Director | 15 Mar 2016 | Past |
| Pramod Abcsdd | Director | 05 Feb 2008 | Past |
| Pramod Abcsdd | Director | 31 Dec 2015 | Past |
| Pramod Abcsdd | Director | 29 Sep 2020 | Past |
| Pramod Abcsdd | Director | 21 Aug 2020 | Past |
| Pramod Abcsdd | Director | 31 Dec 2015 | Past |
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Magnificent Mercantile Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 11.1% increase. The company also saw a substantial improvement in profitability, with a 113.33% increase in profit. The company's net worth Soared by an impressive increase of 74.8%.
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In 2020, Magnificent 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.
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₹0
₹791,442,250.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Feb 2016 | State Bank Of India | ₹60.75 Cr | Satisfied |
| 19 Nov 2015 | Reliance Capital Ltd | ₹6.50 M | Satisfied |
| 31 Oct 2013 | Sundaram Finance Limited | ₹1.22 Cr | Satisfied |
| 30 Oct 2013 | Reliance Capital Ltd | ₹1.20 Cr | Satisfied |
| 22 Aug 2012 | Srei Equipment Finance Private Limited | ₹1.00 Cr | Satisfied |
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Magnificent Mercantile has a workforce of 4 employees as of Mar 23, 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.
Gain comprehensive insights into the Deals and Valuation data of Magnificent 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 Magnificent Mercantile's trajectory.
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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.
Magnificent Mercantile Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.
Magnificent Mercantile Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was recorded as a recent event.
The activity A charge registered on 17 Feb 2016 via Charge ID 10625120 with State Bank Of India was fully satisfied on 01 Sep 2023. was completed.
The activity Darshitkumar Tarunkumar Parikh was appointed as a Director was appointed as a Director on 14 Jul 2020 & has been associated with this company since 5 years 5 months . was completed.
Bhavin Surendra Shah was appointed as a Director was appointed as a Director on 14 Jul 2020 & has been associated with this company since 5 years 5 months . was recorded as a recent event.
The activity A charge registered on 30 Oct 2013 via Charge ID 10465353 with Reliance Capital Ltd was fully satisfied on 16 Nov 2018. was completed.
The CIN of Magnificent Mercantile Private Limited is U51900MH1992PTC066485.
Magnificent Mercantile Private Limited is headquartered at Unit No. D-412, 4Th Floor, Crystal Plaza Premises Co-Operative Society Ltd, Linking Road, Andheri West, Mumbai, Maharashtra, 400053.
Magnificent Mercantile Private Limited was incorporated on 23 April 1992.
The current directors of Magnificent Mercantile Private Limited are
The primary industry of Magnificent Mercantile Private Limited is Trade.
Magnificent Mercantile Private Limited is unlisted.
The authorized capital of Magnificent Mercantile Private Limited is ₹3.00 Cr, and the paid-up capital is ₹2.75 Cr.
The compliance status of Magnificent Mercantile Private Limited is Compliant.
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