Mercury Ev-Tech Limited

Trading metals, expanding to precious metals, manufacturing electronic vehicles.

1986 | Vadodara, Gujarat (India) | Active
Last Updated:

Mercury Ev-Tech Profile

Key Indicators

  • Authorised Capital ₹ 48.00 Cr
  • Paid Up Capital ₹ 19.00 Cr
  • Company Age 38 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 15.44 Cr
  • Satisfied Charges ₹ 4.00 Cr
  • Revenue Growth 1001.41%
  • Profit Growth 281.12%
  • Ebitda 306.20%
  • Net Worth 3569.77%
  • Total Assets 5008.34%

About Mercury Ev-Tech

Mercury Ev-Tech Limited (MEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 04 July 1986 and has a history of 38 years and eight months. Its registered office is in Vadodara, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 531357.

The Corporate was formerly known as Mercury Metals Private Limited. The Company is engaged in the Metals And Minerals Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 48.00 Cr and a paid-up capital of Rs 19.00 Cr.

The company currently has active open charges totaling ₹15.44 Cr. The company has closed loans amounting to ₹4.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Mercury Ev-Tech Limited India are Dhruv Yardi as CFO and Charmy Joshi as Company Secretary. Lalit Waankhede, Sachin Wagh, Kavit Thakkar, and Five other members serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    mercuryevtech.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L27109GJ1986PLC008770

  • Company No.

    008770

  • Stock Symbol

    BSE : 531357

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    04 Jul 1986

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Metals and Minerals

What products or services does Mercury Ev-Tech Limited offer?

Mercury Ev-Tech Limited offers a wide range of products and services, including E Vehicles, Electric Two Wheelers, Parts And Kits.

Who are the key members and board of directors at Mercury Ev-Tech?

Executive Team (3)

NameDesignationAppointment DateStatus
Kavit Thakkar Country flag representing In Managing Director02-Mar-2022Current
Dhruv Yardi CFO02-Mar-2022Current
Charmy Joshi Company Secretary06-Apr-2024Current

Board Members (7)

NameDesignationAppointment DateStatus
Lalit Waankhede Country flag representing In Director 22-May-2024Current
Sachin Wagh Country flag representing In Director 22-May-2024Current
Arif Sayyad Country flag representing In Additional Director 26-Oct-2024Current
Darshankumar Shah Country flag representing In Director 03-Oct-2022Current
Manshi Jain Country flag representing In Director 05-Apr-2022Current
Dinesh Sinha Country flag representing In Director Current

Financial Performance of Mercury Ev-Tech.

Mercury Ev-Tech Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 1001.41% increase. The company also saw a substantial improvement in profitability, with a 281.12% increase in profit. The company's net worth Soared by an impressive increase of 3569.77%.

Mercury Ev-Tech revenue growth over time
Mercury Ev-Tech 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
1001.41%
Revenue from Operations
1035.35%
Total Assets
5008.34%
Profit or Loss
281.12%
Net Worth
3569.77%
EBITDA
306.20%

What is the Ownership and Shareholding Structure of Mercury Ev-Tech?

In 2022, Mercury Ev-Tech had a promoter holding of 65.10% and a public holding of 34.89%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹15.44 Cr

Satisfied Charges

₹4.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 15.44 Cr

Latest Charge Details

DateLenderAmountStatus
23 Mar 2023Others₹15.44 CrOpen
06 Aug 1996The Bank Of Rajasthan Limited₹2.00 CrSatisfied
06 Aug 1996The Bank Of Rajasthan Limited₹2.00 CrSatisfied

How Many Employees Work at Mercury Ev-Tech?

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

Employee growth trends for Mercury Ev-Tech Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mercury Ev-Tech, 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 Ev-Tech'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 Ev-Tech

Recent activity within the organization

  • Director Appointment

    Arif Rajjak Sayyad was appointed as a Additional Director was appointed as a Additional Director on 26 Oct 2024 & has been associated with this company since 4 months 9 days .

  • Director Appointment

    Ajay Ramkrishna Shukla was appointed as a Additional Director was appointed as a Additional Director on 26 Oct 2024 & has been associated with this company since 4 months 9 days .

  • Charges

    A charge with Others of Rs. 15.44 Cr registered on 23 Mar 2023 with Charge ID 100708177 was modified on 01 Jul 2024.

  • Director Appointment

    Lalit Vitthal Waankhede was appointed as a Director was appointed as a Director on 22 May 2024 & has been associated with this company since 9 months 13 days .

  • Director Appointment

    Sachin Shivaji Wagh was appointed as a Director was appointed as a Director on 22 May 2024 & has been associated with this company since 9 months 13 days .

  • Director Appointment

    Charmy Milind Joshi was appointed as a Company Secretary was appointed as a Company Secretary on 06 Apr 2024 & has been associated with this company since 10 months 28 days .

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Mercury Ev-Tech Limited?

    Mercury Ev-Tech Limited was incorporated on 04 Jul 1986.

  • What is authorized share capital and paid-up capital of Mercury Ev-Tech Limited?

    The authorized share capital of Mercury Ev-Tech Limited is ₹ 48.00 Cr and paid-up capital is ₹ 19.00 Cr.

  • Who are the current board members & directors of Mercury Ev-Tech Limited?

    Currently 10 directors are associated with Mercury Ev-Tech Limited.

    • Lalit Vitthal Waankhede
    • Sachin Shivaji Wagh
    • Kavit Jayeshbhai Thakkar
    • Arif Rajjak Sayyad
    • Darshankumar Jitendra Shah
    • Manshi Jain
    • Dinesh Kumar Sinha
    • Ajay Ramkrishna Shukla
    • Dhruv Deepak Yardi
    • Charmy Milind Joshi

  • What is the registered address of Mercury Ev-Tech Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mercury Ev-Tech Limited is 367-368 Gidc Por Village: Por Taluka:, India, Vadodara, Gujarat, 391243.

  • What is the corporate identification number (CIN) and company number of Mercury Ev-Tech Limited?

    The corporate identification number (CIN) of Mercury Ev-Tech Limited is L27109GJ1986PLC008770 and the company number is 008770 as per Ministry of Corporate Affairs (MCA).

  • Is Mercury Ev-Tech Limited registered with any stock exchange in India?

    Yes, Mercury Ev-Tech Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Mercury Ev-Tech Limited?

    The Official website of Mercury Ev-Tech Limited is https://www.mercuryevtech.com

  • What has been the recent revenue trend for Mercury Ev-Tech Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Mercury Ev-Tech Limited has risen by 1001.41%.

  • What change has been observed in the net worth of Mercury Ev-Tech Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Mercury Ev-Tech Limited has experienced an upsurge of 3569.77%.

  • What are the total open charges for Mercury Ev-Tech Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Mercury Ev-Tech Limited amount to ₹ 15.44 Cr.

  • When was the last Balance Sheet of Mercury Ev-Tech Limited filed with the ROC?

    The most recent Balance Sheet for Mercury Ev-Tech Limited was filed with the ROC on 31 Mar 2023.

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