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About
Basic Data Updated:
28 days agoMercator Limited, previously known as Mercator Lines Limited, is currently involved in various business activities such as tanker shipping, dry bulk shipping, oil and gas services, explorations, dredgings, and coal mining and logistics. According to a credit rating report, it has been stated that the company is considered to be the third-largest shipping company in India. ML's tanker fleet is comprised of a variety of vessels including very large crude carriers, suezmaz, aframaxes, product tankers, and chemical tankers. Additionally, the company's bulk carrier fleet consists of geared and gearless panamaxes, kamsarmaxes, and a very large ore carrier. The main objective of the company's incorporation was to establish, maintain, and operate shipping transport services, both publicly and privately, as well as ancillary services. In order to achieve this goal, the company has the authority to purchase, exchange, charter, hire, build, construct, or acquire and own vessels, and employ them for the transportation of passengers, mails, and other goods.
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
Products or Services related to Mercator Limited
Car Transportation
Shipping Services
Sea Freight Forwarding
Full Truck Load Transport Service
Financials of Mercator Limited
Mercator Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 61.1% decrease. The company also saw a substantial fall in profitability, with a 100.56% decrease in profit. The company's net worth observed a substantial decline by a decrease of 404.97%.
Corporate Structure
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People in Mercator Limited
Unlock and access historical data on people associated with Mercator, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (2)
RK
Rajendra Kothari
CFOAppointment Date: 01-Feb-2018
Status: Current
SM
Shalabh Mittal CEOAppointment Date: 27-May-2016
Status: Current
Board Members(4)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 19 Sep 2018 | ₹50.00 Cr | Open |
Others Creation Date: 26 Mar 2018 | ₹130.00 Cr | Open |
Others Creation Date: 10 Mar 2017 | ₹8.04 Cr | Open |
Deals i
Gain comprehensive insights into the Deals and Valuation data of Mercator, 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 Mercator's trajectory.
Rating
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Alert
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Related Corporates (Common Directorship)
Mac Maritime Training And Research Institute
Active
14 years 11 months Harish Kumar is a mutual person
Recent activity within the organization
Charges
A charge with Others of Rs. 50.00 cr registered on 19 Sep 2018 with Charge ID 100210064 was modified on 16 Dec 2022.
16 Dec 2022Annual General Meeting
Mercator Limited last Annual general meeting of members was held on 29 Dec 2020 as per latest MCA records.
29 Dec 2020Director Appointment
Ritu Vats was appointed as a Director was appointed as a Director on 23 Sep 2020 & has been associated with this company since 3 years 7 months .
23 Sep 2020Director Appointment
Jagmohan Talan was appointed as a Director was appointed as a Director on 23 Sep 2020 & has been associated with this company since 3 years 7 months .
23 Sep 2020Charges
A charge with Others of Rs. 130.00 cr registered on 26 Mar 2018 with Charge ID 100165277 was modified on 23 Apr 2020.
23 Apr 2020
Recent News, Updates & Announcement
Nomura Singapore sells 4514 lakh shares of Mercator.Moneycontrol 21 Nov 2017
- Mercator Lines Disposes of Panamax Bulker World Maritime News.
Worldmaritimenews 10 Oct 2017
- Mercator aims to hive off dredging business Mint.
Mercator plans to raise 200 million from financial and strategic investors for the separated dredging business.
mint 14 Aug 2017
- Mercator slips to red with Rs 29 cr net loss in Q1.
Mercator Ltd today posted a net loss of Rs 2870 crore for the quarter ended June 30 2017 on the back of lower income.
DNA India 12 Aug 2017
- Mercator in talks to acquire stateowned DCIL .
Deal Street Asia 04 Aug 2017
Frequently asked questions
What is the Incorporation or founding date of Mercator Limited?
