Mercury Business Solutions Limited

Electronics servicing and after-sales services for various household appliances and devices.

1988 | Ahmed Nagar, Maharashtra (India) | Active
Last Updated:

Mercury Business Solutions Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 1.07 Cr
  • Company Age 37 Year, 2 Months
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 34.41 Cr
  • Revenue Growth %
  • Profit Growth -20.81%
  • Ebitda -20.81%
  • Net Worth -44.38%
  • Total Assets 14.05%

About Mercury Business Solutions

Mercury Business Solutions Limited (MBSL) is a Public Limited Indian Non-Government Company incorporated in India on 18 March 1988 and has a history of 37 years and two months. Its registered office is in Ahmed Nagar, Maharashtra, India.

The Corporate was formerly known as Videocon Services Limited. The Company is engaged in the Consumer Electronics & Durables Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2019. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 1.07 Cr.

The company currently has active open charges totaling ₹34.41 Cr.

Mukund Rajhans, Sanjay Hingane, and Mansukhlal Surpuriya serve as directors at the Company.

Company Details

  • Location

    Ahmed Nagar, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U32101MH1988PLC046426

  • Company No.

    046426

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    18 Mar 1988

  • Date of AGM

    27 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Consumer Electronics & Durables
Company report

Mercury Business Solutions Limited

Explore comprehensive data for Mercury Business Solutions Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Mercury Business Solutions?

Board Members (3)

NameDesignationAppointment DateStatus
Mukund Rajhans Country flag representing In Director 31-Mar-2015Current
Sanjay Hingane Country flag representing In Director 01-Oct-2013Current
Mansukhlal Surpuriya Country flag representing In Director 31-Mar-2015Current

Financial Performance of Mercury Business Solutions.

Mercury Business Solutions Limited, for the financial year ended 2016, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 20.81% decrease in profit. The company's net worth observed a substantial decline by a decrease of 44.38%.

Mercury Business Solutions revenue growth over time
Mercury Business Solutions 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
14.05%
Profit or Loss
-20.81%
Net Worth
-44.38%
EBITDA
-20.81%

What is the Ownership and Shareholding Structure of Mercury Business Solutions?

In 2016, Mercury Business Solutions had a promoter holding of 99.99% and a public holding of 0.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹34.41 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Punjab National Bank : 30.00 Cr
  • Punjab And Sind Bank : 4.41 Cr

Latest Charge Details

DateLenderAmountStatus
27 Dec 2004Punjab National Bank₹30.00 CrOpen
23 Dec 1988Punjab And Sind Bank₹4.41 CrOpen

How Many Employees Work at Mercury Business Solutions?

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

Employee growth trends for Mercury Business Solutions Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mercury Business Solutions, 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 Mercury Business Solutions'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 Mercury Business Solutions

Recent activity within the organization

  • Annual General Meeting

    Mercury Business Solutions Limited last Annual general meeting of members was held on 27 Sep 2019 as per latest MCA records.

  • Balance Sheet

    Mercury Business Solutions Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Pune.

  • Director Appointment

    Mukund Murlidhar Rajhans was appointed as a Director was appointed as a Director on 31 Mar 2015 & has been associated with this company since 10 years 1 month .

  • Director Appointment

    Mansukhlal Panalal Surpuriya was appointed as a Director was appointed as a Director on 31 Mar 2015 & has been associated with this company since 10 years 1 month .

  • Director Appointment

    Sanjay Bhaskar Hingane was appointed as a Director was appointed as a Director on 01 Oct 2013 & has been associated with this company since 11 years 7 months .

  • Charges

    A charge with Punjab National Bank amounted to Rs. 30.00 Cr with Charge ID 90082289 was registered on 27 Dec 2004.

Frequently asked questions

  • What is the Incorporation or founding date of Mercury Business Solutions Limited?

    Mercury Business Solutions Limited was incorporated on 18 Mar 1988.

  • What is authorized share capital and paid-up capital of Mercury Business Solutions Limited?

    The authorized share capital of Mercury Business Solutions Limited is ₹ 5.00 Cr and paid-up capital is ₹ 1.07 Cr.

  • Who are the current board members & directors of Mercury Business Solutions Limited?

    Currently 3 directors are associated with Mercury Business Solutions Limited.

    • Mukund Murlidhar Rajhans
    • Sanjay Bhaskar Hingane
    • Mansukhlal Panalal Surpuriya

  • What is the registered address of Mercury Business Solutions Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mercury Business Solutions Limited is 2275 Adat Bazar, India, Ahmednagar, Maharashtra, 414001.

  • What is the corporate identification number (CIN) and company number of Mercury Business Solutions Limited?

    The corporate identification number (CIN) of Mercury Business Solutions Limited is U32101MH1988PLC046426 and the company number is 046426 as per Ministry of Corporate Affairs (MCA).

  • What change has been observed in the net worth of Mercury Business Solutions Limited, and by what percentage?

    The financial reports for the fiscal year 2016 indicates that The net worth of Mercury Business Solutions Limited has experienced an downturn of -44.38%.

  • What are the total open charges for Mercury Business Solutions Limited?

    As per the financial statements for fiscal Year 2016, The total open charges for Mercury Business Solutions Limited amount to ₹ 34.41 Cr.

  • When was the last Balance Sheet of Mercury Business Solutions Limited filed with the ROC?

    The most recent Balance Sheet for Mercury Business Solutions Limited was filed with the ROC on 31 Mar 2019.

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