Mysore Mercantile Company Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.96 Cr
- Company Age 24 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 101.25 Cr
- Satisfied Charges ₹ 338.62 Cr
- Revenue Growth 55.03%
- Profit Growth 165.26%
- Ebitda 105.49%
- Net Worth 77.64%
- Total Assets 35.57%
About Mysore Mercantile Company
Mysore Mercantile Company Limited (MMCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 01 March 2000 and has a history of 24 years and 11 months. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Financial Services 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 1.96 Cr.
The company currently has active open charges totaling ₹101.25 Cr. The company has closed loans amounting to ₹338.62 Cr, as per Ministry of Corporate Affairs (MCA) records.
Halady Shetty, Balakrishna Maddur, Sumana Shetty, and Five other members serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media-
Corporate Identity Details
- CIN/LLPIN
U51229KA2000PLC026500
- Company No.
026500
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
01 Mar 2000
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
What products or services does Mysore Mercantile Company Limited offer?
Mysore Mercantile Company Limited offers a wide range of products and services, including Cereals & Food Grains, Gud Jaggery.
Who are the key members and board of directors at Mysore Mercantile Company?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Halady Shetty  | Managing Director | 01-Mar-2000 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Balakrishna Maddur | Director | Current | |
| Sumana Shetty | Director | 01-Mar-2000 | Current |
| Rakesh Shetty | Additional Director | 01-Apr-2009 | Current |
| Shankaran Subramaniam | Director | 21-Jun-2016 | Current |
| Rohan Shetty | Director | 27-Jul-2022 | Current |
| Aaryan Shetty | Director | 27-Jul-2022 | Current |
Financial Performance of Mysore Mercantile Company.
Mysore Mercantile Company Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 55.03% increase. The company also saw a substantial improvement in profitability, with a 165.26% increase in profit. The company's net worth Soared by an impressive increase of 77.64%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Mysore Mercantile Company?
In 2023, Mysore Mercantile Company had a promoter holding of 100.00%. The company had 3 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Bit Design Solutions Private LimitedShankaran Subramaniam is a mutual person
Vistara Prakashana LlpHalady Shetty is a mutual person
- Mysore Green Co Private Limited
Halady Shetty, Sumana Shetty and 3 more are mutual person
- Chikku Energy Private Limited
Halady Shetty, Sumana Shetty and 3 more are mutual person
Charges (Loans)
₹101.25 Cr
₹338.62 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 100.00 Cr
- Deutsche Postbank Home Finance Limited : 1.25 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Nov 2023 | State Bank Of India | ₹100.00 Cr | Open |
| 23 Mar 2009 | Deutsche Postbank Home Finance Limited | ₹1.25 Cr | Open |
| 30 Mar 2019 | Hdfc Bank Limited | ₹102.00 Cr | Satisfied |
| 11 Jan 2019 | Hdfc Bank Limited | ₹75.00 Cr | Satisfied |
| 11 Jan 2019 | Hdfc Bank Limited | ₹5.00 Cr | Satisfied |
How Many Employees Work at Mysore Mercantile Company?
Unlock and access historical data on people associated with Mysore Mercantile Company, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Mysore Mercantile Company, 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 Mysore Mercantile Company's trajectory.
Rating
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
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.
