Swarnim Merchants Pvt Ltd
About Swarnim Merchants Pvt Ltd
Data last updated:
Swarnim Merchants Pvt Ltd is a private limited company based in Mudhol, Karnataka, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 17 January 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51909KA1994PTC180760.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.46 Cr. It is led by directors Vijay Murugesh Nirani and Sangamesh Rudrappa Nirani.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mudhol, Karnataka.
As per the financials filed for FY 2017, the company reported a revenue of ₹16.04 Lakh, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹75,246 (net margin 4.7%) and EBITDA of ₹1.09 Lakh (EBITDA margin 6.8%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years.
As per MCA filings, the company has open charges of ₹100 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Swarnim Merchants has one previous CIN (Corporate Identification Number): U51909WB1994PTC061459. The current CIN is U51909KA1994PTC180760, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909KA1994PTC180760 | Current |
| U51909WB1994PTC061459 | Previous |
Contact details
Swarnim Merchants Pvt Ltd's registered office is in Mudhol, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressRs. No. 248/3 Nirani Sugars Enclave, Kulali Cross Jamakhandi Road, Mudhol, Karnataka, India – 587313
- IndustryFinancial Services, Financial Activities
To see the full contact details of Swarnim Merchants Pvt Ltd, 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
Financials of Swarnim Merchants Pvt Ltd
FY 2024 filings availableSwarnim Merchants Pvt Ltd reported revenue of ₹16.04 Lakh (up 25% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 25% over three years, including 25% growth in the latest year. EBITDA fell 36% 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹16.04 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹1.09 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹75,246 | ||
| 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 6.8% | ||
| Net Profit Margin | 4.7% | ||
| 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 | |||
To see the full financial statements and ratios of Swarnim Merchants Pvt Ltd, buy the company report.
Board of directors of Swarnim Merchants Pvt Ltd
Swarnim Merchants has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Murugesh Nirani Also directs: Accutrade Global LLP, Trualt Carbonics Private Limited, Nirani Bioplastic Private Limited and 4 more | Director | 26 Aug 2021 | 5 Years 2 Months | Current |
| Sangamesh Rudrappa Nirani Also directs: Accutrade Global LLP, Mahaveer Silicons Private Limited, Nirani Sugars Limited and 5 more | Director | 26 Aug 2021 | 5 Years 2 Months | Current |
Shareholding
The shareholding of Swarnim Merchants Pvt Ltd 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 Swarnim Merchants Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Sep 2025 | 101153175 | Others | ₹100 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Swarnim Merchants Pvt Ltd has 1 court case on record: 1 filed by Swarnim Merchants. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against Registrar of Companies | Disposed |
To see the full case history of Swarnim Merchants Pvt Ltd, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Swarnim Merchants Pvt Ltd; 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 Swarnim Merchants Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Swarnim Merchants Pvt Ltd has 5 board changes on record since 2015: 2 appointments and 3 cessations. The latest: Dharam Chand Jain ceased to be Director on 01 Oct 2021.
Frequently asked questions
Swarnim Merchants is an active private limited company based in Mudhol, Karnataka, India. The company works in financial activities, within the financial services industry. It was incorporated on 17 January 1994 (32+ years old) and is registered under CIN U51909KA1994PTC180760.
Swarnim Merchants has 2 current directors:
- Vijay Murugesh Nirani - Director
- Sangamesh Rudrappa Nirani - Director
The latest financial statements of Swarnim Merchants on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Swarnim Merchants is U51909KA1994PTC180760. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Swarnim Merchants has 1 court case on record: 1 filed by the company.
Swarnim Merchants was incorporated on 17 January 1994, making it 32+ years old. It is registered with the Registrar of Companies, Bangalore.
Dharam Chand Jain ceased to be Director on 01 Oct 2021. Parvati Devi Jain ceased to be Director on 01 Oct 2021. Sangamesh Rudrappa Nirani was appointed as Director on 26 Aug 2021. Swarnim Merchants has 5 board changes on record in total.
The registered office of Swarnim Merchants is at Rs. No. 2483 Nirani Sugars Enclave, Kulali Cross Jamakhandi Road, Mudhol, Karnataka, India – 587313.
Swarnim Merchants operates in the financial services industry, in the financial activities segment.
Swarnim Merchants has open charges of ₹100 Cr and no satisfied charges on record as per latest MCA filings.
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