Mercury Precision Products Private Limited

Manufactures and trades automobile parts, gears, bearings, and other metallic components for engineering and transport industry.

2000 | Tamil Nadu, Tamil Nadu (India) | Active
Last Updated: July 05, 2024

Mercury Precision Products Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.95 Cr
  • Company Age 24 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 6.96 Cr
  • Revenue Growth 2.95%
  • Profit Growth 11.61%
  • Ebitda 2.11%
  • Net Worth 3.51%
  • Total Assets -15.75%

About Mercury Precision Products

Mercury Precision Products Private Limited (MPPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 March 2000 and has a history of 24 years and 11 months. Its registered office is in Tamil Nadu, Tamil Nadu, India.

The Company is engaged in the Automotive 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 2.00 Cr and a paid-up capital of Rs 1.95 Cr.

The company has closed loans amounting to ₹6.96 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Thirukurungudi Raghavan, Sunder Sagar, and Anup Sagar serve as directors at the Company.

Company Details

  • Location

    Tamil Nadu, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    mercuryprecision.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28991TN2000PTC044493

  • Company No.

    044493

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Mar 2000

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Automotive

What products or services does Mercury Precision Products Private Limited offer?

Mercury Precision Products Private Limited offers a wide range of products and services, including Career Guidance & Admission Services, Educational Services, Industrial Shafts, Machined Shafts, Heat Treating Services, Automotive Gears, Helical Gears, Worm Gears.

Who are the key members and board of directors at Mercury Precision Products?

Board Members (3)

NameDesignationAppointment DateStatus
Thirukurungudi Raghavan Country flag representing In Director 12-Sep-2023Current
Sunder Sagar Country flag representing Us Whole-Time Director 18-Aug-2003Current
Anup Sagar Country flag representing Us Whole-Time Director 01-Dec-2003Current

Financial Performance of Mercury Precision Products.

Mercury Precision Products Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 2.95% increase. The company also saw a substantial improvement in profitability, with a 11.61% increase in profit. The company's net worth moved up by a moderate rise of 3.51%.

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
2.95%
Revenue from Operations
2.98%
Total Assets
-15.75%
Profit or Loss
11.61%
Net Worth
3.51%
EBITDA
2.11%

What is the Ownership and Shareholding Structure of Mercury Precision Products?

In 2023, Mercury Precision Products had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹6.96 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 6.96 Cr

Latest Charge Details

DateLenderAmountStatus
28 Sep 2006Canara Bank₹2.18 CrSatisfied
07 Mar 2005Canara Bank₹1.75 CrSatisfied
24 Mar 2003Canara Bank₹9.30 MSatisfied
23 Apr 2001Canara Bank₹4.00 MSatisfied
19 Apr 2001Canara Bank₹1.70 CrSatisfied

How Many Employees Work at Mercury Precision Products?

Mercury Precision Products has a workforce of 53 employees as of Apr 07, 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 Mercury Precision Products, 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 Precision Products'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 Precision Products

Recent activity within the organization

  • Annual General Meeting

    Mercury Precision Products Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Director Appointment

    Thirukurungudi Srinivasa Rangaswamy Raghavan was appointed as a Director was appointed as a Director on 12 Sep 2023 & has been associated with this company since 1 year 5 months .

    12 Sep 2023

  • Balance Sheet

    Mercury Precision Products Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge registered on 28 Sep 2006 via Charge ID 10200185 with Canara Bank was fully satisfied on 02 May 2014.

    02 May 2014

  • Charges

    A charge registered on 07 Mar 2005 via Charge ID 90290581 with Canara Bank was fully satisfied on 02 May 2014.

    02 May 2014

  • Charges

    A charge registered on 24 Mar 2003 via Charge ID 90302870 with Canara Bank was fully satisfied on 02 May 2014.

    02 May 2014

Frequently asked questions

  • Mercury Precision Products Private Limited was incorporated on 24 Mar 2000.

  • The authorized share capital of Mercury Precision Products Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.95 Cr.

  • Currently 3 directors are associated with Mercury Precision Products Private Limited.

    • Thirukurungudi Srinivasa Rangaswamy Raghavan
    • Sunder Ram Sagar
    • Anup K Sagar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mercury Precision Products Private Limited is 2F (Np) Sidco Industrialestate Ambattur Chennai.600058, Tamil Nadu, India, 600098.

  • The corporate identification number (CIN) of Mercury Precision Products Private Limited is U28991TN2000PTC044493 and the company number is 044493 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mercury Precision Products Private Limited is https://www.mercuryprecision.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mercury Precision Products Private Limited has risen by 2.95%.

  • As Per 2023 financial reports, 53 employees are currently employed by Mercury Precision Products Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mercury Precision Products Private Limited has experienced an upsurge of 3.51%.

  • The most recent Balance Sheet for Mercury Precision Products Private Limited was filed with the ROC on 31 Mar 2023.

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