Mercator Limited

A shipping company based in India with a fleet of tankers and bulk carriers.

1983 | Mumbai, Maharashtra (India) | Under Liquidation
Last Updated: April 20, 2024

Mercator Profile

Key Indicators

  • Authorised Capital ₹ 235.00 Cr
  • Paid Up Capital ₹ 30.25 Cr
  • Company Age 41 Year, 2 Months
  • Last Filing with ROC 31 Mar 2020
  • Open Charges ₹ 1,194.01 Cr
  • Satisfied Charges ₹ 4,752.02 Cr
  • Revenue Growth -61.10%
  • Profit Growth -100.56%
  • Ebitda -65.88%
  • Net Worth -404.97%
  • Total Assets -72.66%

About Mercator

Mercator Limited (ML) is Under Liquidation company established on 24 Nov 1983 with its office registered at Mumbai, Maharashtra, India and has been running since 41 Year, 2 Months with a paid up capital of 30.25 Cr. According to MCA records, 4 Directors and 2 Signatories are linked to this company as of 20 Apr 2024.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L63090MH1983PLC031418

  • Company No.

    031418

  • Stock Symbol

    BSE : 526235 NSE : MERCATOR

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    24 Nov 1983

  • Date of AGM

    29 Dec 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals
Energy and Power
Transport and Logistics

What products or services does Mercator Limited offer?

Mercator Limited offers a wide range of products and services, including Domestic Relocation Service, Car Transportation, Transportation Services, Freight Forwarding Services, Shipping Services, Sea Freight Forwarding, Full Truck Load Transport Service.

Who are the key members and board of directors at Mercator?

Executive Team (2)

NameDesignationAppointment DateStatus
Rajendra Kothari Country flag representing In CFO01-Feb-2018Current
Shalabh Mittal Country flag representing In CEO27-May-2016Current

Board Members (4)

NameDesignationAppointment DateStatus
Harish Kumar Country flag representing In Whole-Time Director 31-Dec-2019Current
Ritu Vats Country flag representing In Director 23-Sep-2020Current
Jagmohan Talan Country flag representing In Director 23-Sep-2020Current
Sukhdarshan Bedi Country flag representing In Director 23-Sep-2020Current

Financial Performance of Mercator.

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%.

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
-61.10%
Revenue from Operations
-57.64%
Total Assets
-72.66%
Profit or Loss
-100.56%
Net Worth
-404.97%
EBITDA
-65.88%

What is the Ownership and Shareholding Structure of Mercator?

In 2018, Mercator had a promoter holding of 30.73% and a public holding of 69.27%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,194.01 Cr

Satisfied Charges

₹4,752.02 Cr

Charges Breakdown by Lending Institutions

  • Others : 760.33 Cr
  • Axis Bank Limited : 178.86 Cr
  • State Bank Of India : 170.50 Cr
  • Uti Bank Limited : 47.00 Cr
  • Uti Bak Uti Bank Limited : 30.00 Cr
  • Others : 7.32 Cr

Latest Charge Details

DateLenderAmountStatus
19 Sep 2018Others₹50.00 CrOpen
26 Mar 2018Others₹130.00 CrOpen
10 Mar 2017Others₹8.04 CrOpen
16 Dec 2016Others₹95.00 CrOpen
15 Dec 2016Axis Bank Limited₹130.17 CrOpen

How Many Employees Work at Mercator?

Mercator has a workforce of 1 employees as of Apr 05, 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 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

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 Mercator

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 2022

  • Annual General Meeting

    Mercator Limited last Annual general meeting of members was held on 29 Dec 2020 as per latest MCA records.

    29 Dec 2020

  • Director Appointment

    Ritu Vats was appointed as a Director was appointed as a Director on 23 Sep 2020 & has been associated with this company since 4 years 4 months .

    23 Sep 2020

  • Director Appointment

    Jagmohan Talan was appointed as a Director was appointed as a Director on 23 Sep 2020 & has been associated with this company since 4 years 4 months .

    23 Sep 2020

  • Charges

    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

  • Charges

    A charge registered on 22 Dec 2014 via Charge ID 10538456 with Axis Bank Limited was fully satisfied on 17 Apr 2020.

    17 Apr 2020

Recent News, Updates & Announcement

Frequently asked questions

  • Mercator Limited was incorporated on 24 Nov 1983.

  • The authorized share capital of Mercator Limited is ₹ 235.00 Cr and paid-up capital is ₹ 30.25 Cr.

  • Currently 6 directors are associated with Mercator Limited.

    • Harish Mittal Kumar
    • Rajendra Kumar Kothari
    • Shalabh Mittal
    • Ritu Vats
    • Jagmohan Talan
    • Sukhdarshan Singh Bedi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mercator Limited is 83-87 8Th Floor Mittal Tower B Wing, Nariman Point, Mumbai, Maharashtra, India, 400021.

  • The corporate identification number (CIN) of Mercator Limited is L63090MH1983PLC031418 and the company number is 031418 as per Ministry of Corporate Affairs (MCA).

  • Yes, Mercator Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): MERCATOR.

  • The Official website of Mercator Limited is https://www.mercator.in

  • According to the financial reports for the fiscal year 2020, the revenue trend for Mercator Limited has fallen by -61.10%.

  • As Per 2020 financial reports, 1 employees are currently employed by Mercator Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Mercator Limited has experienced an downturn of -404.97%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Mercator Limited amount to ₹ 1,194.01 Cr.

  • The most recent Balance Sheet for Mercator Limited was filed with the ROC on 31 Mar 2020.

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