Procure Mercantile Private Limited
About Procure Mercantile Private Limited
Data last updated:
Procure Mercantile Private Limited was a private limited company based in Kolkata, West Bengal, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the financial services and investment segment of the financial services sector. It was incorporated on 20 May 2010.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U51101WB2010PTC148794.
The company had an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.14 Lakh. It was led by directors Subhash Agrawal and Dimple Agrawal.
Its last annual general meeting (AGM) was held on 29 October 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at P – 41 Princep Street 5th Floor Room No. 502, Kolkata, West Bengal, India – 700072.
As per the financials filed for FY 2021, the company reported a revenue of ₹22,500, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹1,371 (net margin 6.1%) and EBITDA of ₹1,855 (EBITDA margin 8.2%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 2% over five years.
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- Registered AddressP – 41 Princep Street 5th Floor Room No. 502, Kolkata, West Bengal, India – 700072
- IndustryFinancial Services, Financial Activities
- 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
- One PDF report, delivered after checkout
Business Activity of Procure Mercantile Private Limited
The main business activity of Procure Mercantile is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Procure Mercantile Private Limited FY 2021 filings available
Procure Mercantile Private Limited reported revenue of ₹22,500 (down 3% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Procure Mercantile Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 3% fall in the latest year. EBITDA fell 23% in the latest year. 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 of Procure Mercantile Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1,855 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1,371 | •••• | •••• | •••• | •••• |
| 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 of Procure Mercantile Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 6.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Procure Mercantile are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Procure Mercantile Private Limited
Procure Mercantile Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other financial activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Adarsh Dealtrade Private Limited | ₹22,560 (FY 2018) | •••• | •••• | -62.0% | •••• | Kolkata, West Bengal, India |
| Larry Dealers Private Limited | ₹22,550 (FY 2016) | •••• | •••• | 72.0% | •••• | Kolkata, West Bengal, India |
| Procure Mercantile Private Limited this company | ₹22,500 (FY 2021) | •••• | •••• | -3.0% | •••• | Kolkata, West Bengal, India |
| Fort Merchants Private Limited | ₹22,500 (FY 2018) | •••• | •••• | -99.0% | •••• | Kolkata, West Bengal, India |
| Mayur Dealers Private Limited | ₹22,500 (FY 2015) | •••• | •••• | 12.0% | •••• | Kolkata, West Bengal, India |
| Faithwell Suppliers Private Limited | ₹22,500 (FY 2015) | •••• | •••• | 5.0% | •••• | Kolkata, West Bengal, India |
| Radhaswami Global Nidhi Limited | ₹22,500 (FY 2025) | •••• | •••• | -63.0% | •••• | Firozabad, Uttar Pradesh, India |
| Icad Resources Private Limited | ₹22,460 (FY 2024) | •••• | •••• | -92.0% | •••• | Bhubaneswar, Odisha, India |
| Ekavira Ventures Limited | ₹22,441 (FY 2018) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Aspirich Advisory Private Limited | ₹22,429 (FY 2020) | •••• | •••• | 686.0% | •••• | Mehsana, Gujarat, India |
| Marigold Nirman Private Limited | ₹22,411 (FY 2017) | •••• | •••• | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Procure Mercantile by revenue in the same principal business activity (Other financial activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Procure Mercantile Private Limited
Procure Mercantile Private Limited is audited by NIDHI AGARWAL for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NIDHI AGARWAL | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Procure Mercantile Private Limited
Procure Mercantile has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subhash Agrawal Also directs: Shakambari Buildcon Private Limited, Jyotilinga Suppliers Private Limited, Diwakar Distributors Private Limited and 1 more | Director | 12 May 2011 | 15 Years 4 Months | As last reported |
| Dimple Agrawal Also directs: Shakambari Buildcon Private Limited, Jyotilinga Suppliers Private Limited, Diwakar Distributors Private Limited and 2 more | Director | 12 May 2011 | 15 Years 4 Months | As last reported |
Ownership and Shareholding of Procure Mercantile Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Procure Mercantile Private Limited
Procure Mercantile Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Procure Mercantile Private Limited
Employment history and EPFO contributions of people linked to Procure Mercantile.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Procure Mercantile Private Limited
Procure Mercantile Private Limited has 6 board changes on record since 2011: 2 appointments and 4 cessations. The latest: Asit Roy ceased to be Director on 10 Jun 2011.
Credit Ratings, Litigation & Regulatory Alerts for Procure Mercantile Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Procure Mercantile Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Procure Mercantile Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Procure Mercantile Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Procure Mercantile Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Procure Mercantile Private Limited
Procure Mercantile has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Procure Mercantile was a private limited company based in Kolkata, West Bengal, India. The company worked in financial activities, within the financial services industry. It was incorporated on 20 May 2010 and is registered under CIN U51101WB2010PTC148794. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Procure Mercantile was incorporated on 20 May 2010. It is registered with the Registrar of Companies, Kolkata.
Procure Mercantile had 2 directors:
- Subhash Agrawal - Director
- Dimple Agrawal - Director
The CIN (Corporate Identification Number) of Procure Mercantile is U51101WB2010PTC148794. 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 Procure Mercantile is at P – 41 Princep Street 5th Floor Room No. 502, Kolkata, West Bengal, India – 700072.
Procure Mercantile reported revenue of ₹22,500 for FY 2021 (down 3% YoY).
Procure Mercantile has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.14 Lakh.
Procure Mercantile reported a net profit of ₹1,371 (net margin 6.1%) and EBITDA of ₹1,855 (EBITDA margin 8.2%) for FY 2021, as per its filed financial statements.
Procure Mercantile operated in the financial services industry, in the financial activities segment.
The compounded annual growth rate (CAGR) of the revenue of Procure Mercantile is 2% over three years and -2% over five years. In the latest year (FY 2021) revenue fell 3%. CAGR is the steady yearly rate that links the first and the last year.