Mercatus Commerce Private Limited

Provides electronic and virtual payment solutions to bank customers.

2019 | Bangaluru, Karnataka (India) | Active
Last Updated: November 17, 2024

Mercatus Commerce Profile

Key Indicators

  • Authorised Capital ₹ 16.00 Cr
  • Paid Up Capital ₹ 7.92 Cr
  • Company Age 5 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 504.26%
  • Profit Growth -159.98%
  • Ebitda -176.23%
  • Net Worth 238.71%
  • Total Assets 343.91%

About Mercatus Commerce

Mercatus Commerce Private Limited (MCPL) is a Private Limited Indian Non-Government Company incorporated in India on 05 December 2019 (Five years and one month 26 days old ). Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Finnew Payments Private Limited. The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 16.00 Cr and a paid-up capital of Rs 7.92 Cr, as per Ministry of Corporate Affairs (MCA) records.

Avinash Pandey and Tushar Verma serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U72900KA2019PTC130359

  • Company No.

    130359

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Dec 2019

  • Date of AGM

    25 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Financial Services

Who are the key members and board of directors at Mercatus Commerce?

Board Members (2)

NameDesignationAppointment DateStatus
Avinash Pandey Country flag representing In Director 11-Apr-2024Current
Tushar Verma Country flag representing In Director 27-Sep-2023Current

Financial Performance of Mercatus Commerce.

Mercatus Commerce Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 504.26% increase. The company also saw a substantial fall in profitability, with a 159.98% decrease in profit. The company's net worth Soared by an impressive increase of 238.71%.

Graph illustrating revenue growth over time
Graph showing 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
504.26%
Revenue from Operations
309.61%
Total Assets
343.91%
Profit or Loss
-159.98%
Net Worth
238.71%
EBITDA
-176.23%

What is the Ownership and Shareholding Structure of Mercatus Commerce?

In 2023, Mercatus Commerce 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

Charges (Loans)

Placeholder for charges-related data

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

How Many Employees Work at Mercatus Commerce?

Mercatus Commerce has a workforce of 5 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mercatus Commerce, 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 Mercatus Commerce'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 Mercatus Commerce

Recent activity within the organization

  • Annual General Meeting

    Mercatus Commerce Private Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.

    25 Sep 2024

  • Director Appointment

    Avinash Kumar Pandey was appointed as a Director was appointed as a Director on 11 Apr 2024 & has been associated with this company since 9 months 21 days .

    11 Apr 2024

  • Balance Sheet

    Mercatus Commerce Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Director Appointment

    Tushar Verma was appointed as a Director was appointed as a Director on 27 Sep 2023 & has been associated with this company since 1 year 4 months .

    27 Sep 2023

  • Company Incorporation

    Mercatus Commerce Private Limited was registered on 05 Dec 2019 with Roc Bangalore & aged 5 years 1 month as per MCA records.

    05 Dec 2019

Frequently asked questions

  • Mercatus Commerce Private Limited was incorporated on 05 Dec 2019.

  • The authorized share capital of Mercatus Commerce Private Limited is ₹ 16.00 Cr and paid-up capital is ₹ 7.92 Cr.

  • Currently 2 directors are associated with Mercatus Commerce Private Limited.

    • Avinash Kumar Pandey
    • Tushar Verma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mercatus Commerce Private Limited is 11Th Floor Unit No G 1101 1102 1103 1101A And 1101B Gamma Block Sigma Soft Tech Park Ramagondanahalli Village Varthur Hobli Whitefield, India, Bangalore South, Karnataka, 560066.

  • The corporate identification number (CIN) of Mercatus Commerce Private Limited is U72900KA2019PTC130359 and the company number is 130359 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mercatus Commerce Private Limited is https://www.goniyo.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mercatus Commerce Private Limited has risen by 504.26%.

  • As Per 2023 financial reports, 5 employees are currently employed by Mercatus Commerce Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mercatus Commerce Private Limited has experienced an upsurge of 238.71%.

  • The most recent Balance Sheet for Mercatus Commerce Private Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Digital Payment Solutions