Update Mercantile Private Limited Company Logo

Update Mercantile Private Limited - Company Profile

It is a agriculture private limited company based in Mumbai, Maharashtra, India, established in 1997.

1997 | Mumbai, Maharashtra, India | Active
Last Updated:

About Update Mercantile Private Limited

Update Mercantile Private Limited, a active private limited company, was established on 17 March 1997 in Mumbai, Maharashtra, India. Engaging in agro retail & distribution within the trade sector, it holds CIN: U51900MH1997PTC106633. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹5.00 M and a paid-up capital of ₹1.08 M.

It upholds a compliant status. Its leadership includes Pankaj Ganeshprasad Kaushal (Director), Rugved Satish Kotwal (Director), Sohansingh Tulsiramji Parmar (Director). Past directors included Chanchal Manojkumar Harchandani, Bhagwan Devi Maheshwari, Darshana Lanjewar Prabhakar. It holds no open charges and ₹2.00 M settled loans. Its latest AGM occurred on 25 September 2025, with the balance sheet filed on 31 March 2025. It is based at C-701, 7Th Floor, Sukhda Chsg, Sir Pochkanwala Marg, Worli Sea Face, Wo, Rli, Mumbai, Maharashtra, 400025.

Company Details

  • CIN/LLPIN

    U51900MH1997PTC106633

  • Registration Number

    106633

  • Incorporation Date

    17 March 1997

  • Authorized Capital

    ₹5.00 M

  • Paid-Up Capital

    ₹1.08 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 1.08 M
  • Company Age 28 Year, 8 Months
  • Last Filing with ROC 31 Mar 2025
  • Satisfied Charges ₹ 2.00 M
  • Revenue Growth %
  • Profit Growth 100.35%
  • Ebitda 54.94%
  • Net Worth
  • Total Assets -3.48%
Company report

Update Mercantile Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Update 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 Update Mercantile Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Pankaj Ganeshprasad KaushalDirector27 Mar 2025Current
Rugved Satish KotwalDirector01 Sep 2022Current
Sohansingh Tulsiramji ParmarDirector30 Sep 2022Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director24 Sep 2023Past
Pramod AbcsddDirector06 Jun 2012Past
Pramod AbcsddDirector31 Dec 2018Past
Pramod AbcsddDirector11 Sep 2009Past
Pramod AbcsddDirector15 Feb 2011Past
Pramod AbcsddDirector19 May 2016Past

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Financial Performance of Update Mercantile.

Update Mercantile Private Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 100.35% increase in profit. The company's net worth witnessed no change by increase of 0%.

Update Mercantile revenue growth over time
Update 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
Revenue from Operations
Total Assets
-3.48%
Profit or Loss
100.35%
Net Worth
EBITDA
54.94%

What is the Ownership and Shareholding Structure of Update Mercantile?

Unlock access to Update Mercantile's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹2,000,000.00

Charges Breakdown by Lending Institutions

  • Tirupati Urban Co-Operative Bank Limited : 0.20 Cr

Latest Charge Details

DateLenderAmountStatus
25 Jan 2000Tirupati Urban Co-Operative Bank Limited₹2.00 MSatisfied

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How Many Employees Work at Update Mercantile?

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Employee growth trends for Update Mercantile Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Update 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 Update 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 Update Mercantile

Recent Activity within the Organization

  • Annual General Meeting

    Progress on Update Mercantile Private Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on Update Mercantile Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was documented.

  • Director Appointment

    The activity Pankaj Ganeshprasad Kaushal was appointed as a Director was appointed as a Director on 27 Mar 2025 & has been associated with this company since 8 months 6 days . was completed.

  • Director Appointment

    Progress on Sohansingh Tulsiramji Parmar was appointed as a Director was appointed as a Director on 30 Sep 2022 & has been associated with this company since 3 years 2 months . was documented.

  • Director Appointment

    Rugved Satish Kotwal was appointed as a Director was appointed as a Director on 01 Sep 2022 & has been associated with this company since 3 years 3 months . was recorded as a recent event.

  • Charges

    The activity A charge registered on 25 Jan 2000 via Charge ID 90142701 with Tirupati Urban Co-Operative Bank Limited was fully satisfied on 28 Apr 2014. was completed.

Frequently Asked Questions

  • What is the CIN of Update Mercantile Private Limited?

    The CIN of Update Mercantile Private Limited is U51900MH1997PTC106633.

  • Where is Update Mercantile Private Limited headquartered?

    Update Mercantile Private Limited is headquartered at C-701, 7Th Floor, Sukhda Chsg, Sir Pochkanwala Marg, Worli Sea Face, Wo, Rli, Mumbai, Maharashtra, 400025.

  • When was Update Mercantile Private Limited incorporated?

    Update Mercantile Private Limited was incorporated on 17 March 1997.

  • Who are the current directors of Update Mercantile Private Limited?

    The current directors of Update Mercantile Private Limited are

  • What is the primary industry of Update Mercantile Private Limited?

    The primary industry of Update Mercantile Private Limited is Trade.

  • Is Update Mercantile Private Limited a listed company?

    Update Mercantile Private Limited is unlisted.

  • What is the capital structure of Update Mercantile Private Limited?

    The authorized capital of Update Mercantile Private Limited is ₹5.00 M, and the paid-up capital is ₹1.08 M.

  • What is the compliance status of Update Mercantile Private Limited?

    The compliance status of Update Mercantile Private Limited is Compliant.

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