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True Mercantile Pvt Ltd - Company Profile

It is a financial services private limited company based in South Howrah, West Bengal, India, established in 1990.

1990 | South Howrah, West Bengal, India | Active
Last Updated:

About True Mercantile Pvt Ltd

True Mercantile Pvt Ltd, a active private limited company, was established on 03 July 1990 in South Howrah, West Bengal, India. Engaging in investment & credit nbfc within the financial and insurance service sector, it holds CIN: U51109WB1990PTC049364. Registered under ROC Roc Kolkata. it is unlisted. It has an authorized capital of ₹3.32 Cr and a paid-up capital of ₹3.29 Cr.

It upholds a active non-compliant status. Its leadership includes Deepak Narsing Phunde (Director), Usha Lahudas Gutte (Director). Past directors included Kamla Shanker Pandey, Sunil Ratnakar Gutte, Prabir Banerjee. Its latest AGM occurred on 30 November 2021, with the balance sheet filed on 31 March 2021. It is based at C/O Avishek Agarwal Forshore Road, Phase - 5, Block - 1, Fla, T No.1B, South Howrah, West Bengal, 711102.

Company Details

  • CIN/LLPIN

    U51109WB1990PTC049364

  • Registration Number

    049364

  • Incorporation Date

    03 July 1990

  • Authorized Capital

    ₹3.32 Cr

  • Paid-Up Capital

    ₹3.29 Cr

  • ROC Code

    Roc Kolkata

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 3.32 Cr
  • Paid Up Capital ₹ 3.29 Cr
  • Company Age 35 Year, 5 Months
  • Last Filing with ROC 31 Mar 2021
  • Revenue Growth -27.22%
  • Profit Growth -687.36%
  • Ebitda -18.38%
  • Net Worth -0.27%
  • Total Assets -1.81%
Company report

True Mercantile Pvt Ltd

Company Report FY 2025-2026

Explore comprehensive insights into True Mercantile Pvt Ltd — 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 True Mercantile Pvt Ltd?

Current Directors

NameDesignationAppointment DateStatus
Deepak Narsing PhundeDirector12 Jun 2008Current
Usha Lahudas GutteDirector12 Jun 2008Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector15 Jan 2010Past
Pramod AbcsddAdditional Director15 Feb 2017Past
Pramod AbcsddDirector01 Aug 2008Past

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Financial Performance of True Mercantile.

True Mercantile Pvt Ltd, for the financial year ended 2016, experienced significant reduction in revenue, with a 27.22% decrease. The company also saw a substantial fall in profitability, with a 687.36% decrease in profit. The company's net worth dipped by a decrease of 0.27%.

True Mercantile revenue growth over time
True Mercantile profit and loss trends over time
  • 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
-27.22%
Revenue from Operations
-19.53%
Total Assets
-1.81%
Profit or Loss
-687.36%
Net Worth
-0.27%
EBITDA
-18.38%

What is the Ownership and Shareholding Structure of True Mercantile?

In 2017, True 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 Indicator graph

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Charges (Loans)

There are no open charges registered against the company as per our records.

How Many Employees Work at True Mercantile?

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

Employee growth trends for True Mercantile Pvt Ltd

Deals i

Graph showing company valuation over time

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

Latest Updates, News, and FAQs on True Mercantile

Recent Activity within the Organization

  • Annual General Meeting

    The activity True Mercantile Pvt Ltd last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records. was completed.

  • Balance Sheet

    The activity True Mercantile Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Kolkata. was completed.

  • Director Appointment

    Progress on Deepak Narsing Phunde was appointed as a Director was appointed as a Director on 12 Jun 2008 & has been associated with this company since 17 years 6 months . was documented.

  • Director Appointment

    Usha Lahudas Gutte was appointed as a Director was appointed as a Director on 12 Jun 2008 & has been associated with this company since 17 years 6 months . was recorded as a recent event.

  • Company Incorporation

    True Mercantile Pvt Ltd was registered on 03 Jul 1990 with Roc Kolkata & aged 35 years 5 months as per MCA records. was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of True Mercantile Pvt Ltd?

    The CIN of True Mercantile Pvt Ltd is U51109WB1990PTC049364.

  • Where is True Mercantile Pvt Ltd headquartered?

    True Mercantile Pvt Ltd is headquartered at C/O Avishek Agarwal Forshore Road, Phase - 5, Block - 1, Fla, T No.1B, South Howrah, West Bengal, 711102.

  • When was True Mercantile Pvt Ltd incorporated?

    True Mercantile Pvt Ltd was incorporated on 03 July 1990.

  • Who are the current directors of True Mercantile Pvt Ltd?

    The current directors of True Mercantile Pvt Ltd are

  • What is the primary industry of True Mercantile Pvt Ltd?

    The primary industry of True Mercantile Pvt Ltd is Financial And Insurance Service.

  • Is True Mercantile Pvt Ltd a listed company?

    True Mercantile Pvt Ltd is unlisted.

  • What is the capital structure of True Mercantile Pvt Ltd?

    The authorized capital of True Mercantile Pvt Ltd is ₹3.32 Cr, and the paid-up capital is ₹3.29 Cr.

  • What is the compliance status of True Mercantile Pvt Ltd?

    The compliance status of True Mercantile Pvt Ltd is Active Non-Compliant.

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