Mercury Business Solutions Limited Company Logo

Mercury Business Solutions Limited - Company Profile

It is a consumer electronics & durables public limited company based in Ahmednagar, Maharashtra, India, established in 1988.

1988 | Ahmednagar, Maharashtra, India | Active
Last Updated:

About Mercury Business Solutions Limited

Mercury Business Solutions Limited, a active public limited company, was established on 18 March 1988 in Ahmednagar, Maharashtra, India. Engaging in electronic appliances retail & distribution within the consumer electronics & durables sector, it holds CIN: U32101MH1988PLC046426. Registered under ROC Roc Pune. it is unlisted. It has an authorized capital of ₹5.00 Cr and a paid-up capital of ₹1.07 Cr.

Formerly known as Videocon Services Limited. It upholds a active non-compliant status. Its leadership includes Mansukhlal Panalal Surpuriya (Director), Mukund Murlidhar Rajhans (Director), Sanjay Bhaskar Hingane (Director). Past directors included Mansukhlal Panalal Surpuriya, Vivek Dattatraya Dharm, Dyaneshwar Raybhan Malkar. It holds ₹34.41 Cr open charges and no settled loans. Its latest AGM occurred on 27 September 2019, with the balance sheet filed on 31 March 2019. It is based at 2275,Adat Bazar,Ahmednagar, Ahmednagar, Maharashtra, 414001.

Company Details

  • CIN/LLPIN

    U32101MH1988PLC046426

  • Registration Number

    046426

  • Incorporation Date

    18 March 1988

  • Authorized Capital

    ₹5.00 Cr

  • Paid-Up Capital

    ₹1.07 Cr

  • ROC Code

    Roc Pune

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 1.07 Cr
  • Company Age 37 Year, 9 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%
Company report

Mercury Business Solutions Limited

Company Report FY 2025-2026

Explore comprehensive insights into Mercury Business Solutions 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 Mercury Business Solutions Limited?

Current Directors

NameDesignationAppointment DateStatus
Mansukhlal Panalal SurpuriyaDirector31 Mar 2015Current
Mukund Murlidhar RajhansDirector31 Mar 2015Current
Sanjay Bhaskar HinganeDirector01 Oct 2013Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director30 Sep 2015Past
Pramod AbcsddDirector31 Mar 2015Past
Pramod AbcsddDirector31 Mar 2015Past
Pramod AbcsddAdditional Director30 Sep 2015Past
Pramod AbcsddDirector19 Oct 2013Past
Pramod AbcsddAdditional Director30 Sep 2014Past

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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

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Charges (Loans)

Open Charges

₹344,100,000.00

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

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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

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

  • Balance Sheet

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

  • Director Appointment

    Progress on 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 9 months . was documented.

  • Director Appointment

    The activity 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 9 months . was completed.

  • Director Appointment

    Progress on Sanjay Bhaskar Hingane was appointed as a Director was appointed as a Director on 01 Oct 2013 & has been associated with this company since 12 years 3 months . was documented.

  • Charges

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

Frequently Asked Questions

  • What is the CIN of Mercury Business Solutions Limited?

    The CIN of Mercury Business Solutions Limited is U32101MH1988PLC046426.

  • Where is Mercury Business Solutions Limited headquartered?

    Mercury Business Solutions Limited is headquartered at 2275,Adat Bazar,Ahmednagar, Ahmednagar, Maharashtra, 414001.

  • When was Mercury Business Solutions Limited incorporated?

    Mercury Business Solutions Limited was incorporated on 18 March 1988.

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

    The current directors of Mercury Business Solutions Limited are

  • What is the primary industry of Mercury Business Solutions Limited?

    The primary industry of Mercury Business Solutions Limited is Consumer Electronics & Durables.

  • Is Mercury Business Solutions Limited a listed company?

    Mercury Business Solutions Limited is unlisted.

  • What is the capital structure of Mercury Business Solutions Limited?

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

  • What is the compliance status of Mercury Business Solutions Limited?

    The compliance status of Mercury Business Solutions Limited is Active Non-Compliant.

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