Shanker Mercantile Private Limited - Company Profile

It is a metals and minerals private limited company based in Mumbai, Maharashtra, India, established in 2006.
2006 Mumbai, Maharashtra, India Active
Last Updated:
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About Shanker Mercantile Private Limited

Shanker Mercantile Private Limited, a active private limited company, was established on 20 November 2006 in Mumbai, Maharashtra, India. Engaging in metal retail & distribution within the trade sector, it holds CIN: U51909MH2006PTC165669. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹0.50 M and a paid-up capital of ₹0.10 M.

It upholds a compliant status. Its leadership includes Shankar Nath Awasthy (Director), Mohit Shankarnath Avasthi (Director). It holds ₹1.00 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 20, Steel Yard, Iron Market, S.T.Road,, Mumbai, Maharashtra, 400009.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U51909MH2006PTC165669

  • Registration Number

    165669

  • Incorporation Date

    20 November 2006

  • Authorized Capital

    ₹0.50 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 19 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.00 Cr
  • Revenue Growth **** -32.25%
  • Profit Growth **** -26.86%
  • Ebitda **** -729.81%
  • Net Worth 10.28%
  • Total Assets -17.41%
Company report

Shanker Mercantile Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Shanker 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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Who are the key members and board of directors at Shanker Mercantile Private Limited?
Current Directors
Name Designation Appointment Date Status
Shankar Nath Awasthy Director 20 Nov 2006 Current
Mohit Shankarnath Avasthi Director 20 Nov 2006 Current

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Financial Performance of Shanker Mercantile.

Shanker Mercantile Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 32.25% decrease. The company also saw a substantial fall in profitability, with a 26.86% decrease in profit. The company's net worth Soared by an impressive increase of 10.28%.

Shanker Mercantile revenue growth over time
Shanker Mercantile profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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 -32.25%
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Revenue from Operations
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 -31.67%
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*******
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Total Assets
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 -17.41%
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*******
Profit or Loss
*******
 -26.86%
*******
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Net Worth
*******
 10.28%
*******
*******
*******
*******
EBITDA
*******
 -729.81%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Shanker Mercantile?

In 2020, Shanker 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.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹10,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Ing Vysya Bank Limited : 1.00 Cr
Latest Charge Details
Date Lender Amount Status
14 Jul 2011 Ing Vysya Bank Limited ₹1.00 Cr Open

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How Many Employees Work at Shanker Mercantile?

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

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Shanker 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 Shanker 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.

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Latest Updates, News, and FAQs on Shanker Mercantile
Recent Activity within the Organization
  • Annual General Meeting

    The activity Shanker Mercantile Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    The activity Shanker Mercantile Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was completed.

  • Charges

    The activity A charge with Ing Vysya Bank Limited amounted to Rs. 10.00 M with Charge ID 10299864 was registered on 14 Jul 2011. was completed.

  • Director Appointment

    The activity Shankar Nath Awasthy was appointed as a Director was appointed as a Director on 20 Nov 2006 & has been associated with this company since 19 years 3 months . was completed.

  • Director Appointment

    Progress on Mohit Shankarnath Avasthi was appointed as a Director was appointed as a Director on 20 Nov 2006 & has been associated with this company since 19 years 3 months . was documented.

  • Company Incorporation

    Progress on Shanker Mercantile Private Limited was registered on 20 Nov 2006 with Roc Mumbai & aged 19 years 3 months as per MCA records. was documented.

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Frequently Asked Questions
What is the CIN of Shanker Mercantile Private Limited?

The CIN of Shanker Mercantile Private Limited is U51909MH2006PTC165669.

Where is Shanker Mercantile Private Limited headquartered?

Shanker Mercantile Private Limited is headquartered at 20, Steel Yard, Iron Market, S.T.Road,, Mumbai, Maharashtra, 400009.

When was Shanker Mercantile Private Limited incorporated?

Shanker Mercantile Private Limited was incorporated on 20 November 2006.

Who are the current directors of Shanker Mercantile Private Limited?

The current directors of Shanker Mercantile Private Limited are

What is the primary industry of Shanker Mercantile Private Limited?

The primary industry of Shanker Mercantile Private Limited is Trade.

Is Shanker Mercantile Private Limited a listed company?

Shanker Mercantile Private Limited is unlisted.

What is the capital structure of Shanker Mercantile Private Limited?

The authorized capital of Shanker Mercantile Private Limited is ₹0.50 M, and the paid-up capital is ₹0.10 M.

What is the compliance status of Shanker Mercantile Private Limited?

The compliance status of Shanker Mercantile Private Limited is Compliant.

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