Mysore Mercantile Company Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.96 Cr
- Company Age 25 Year,
- 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 25 years. 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
Financial Services
Environment
Agriculture
Energy and Power
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.
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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)
Open Charges
₹101.25 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Mysore Mercantile Company
Recent activity within the organization
- Director Appointment
Parameswara Akkili Reddy was appointed as a Additional Director was appointed as a Additional Director on 06 Apr 2024 & has been associated with this company since 10 months 25 days .
- Charges
A charge registered on 30 Mar 2019 via Charge ID 100261792 with Hdfc Bank Limited was fully satisfied on 11 Mar 2024.
- Charges
A charge registered on 11 Jan 2019 via Charge ID 100243616 with Hdfc Bank Limited was fully satisfied on 11 Mar 2024.
- Charges
A charge registered on 11 Jan 2019 via Charge ID 100240938 with Hdfc Bank Limited was fully satisfied on 11 Mar 2024.
- Charges
A charge registered on 21 Apr 2018 via Charge ID 100173512 with Hdfc Bank Limited was fully satisfied on 11 Mar 2024.
- Charges
A charge with State Bank Of India amounted to Rs. 100.00 Cr with Charge ID 100811608 was registered on 04 Nov 2023.
Frequently asked questions
What is the Incorporation or founding date of Mysore Mercantile Company Limited?
Mysore Mercantile Company Limited was incorporated on 01 Mar 2000.
What is authorized share capital and paid-up capital of Mysore Mercantile Company Limited?
The authorized share capital of Mysore Mercantile Company Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.96 Cr.
Who are the current board members & directors of Mysore Mercantile Company Limited?
Currently 8 directors are associated with Mysore Mercantile Company Limited.
- Halady Srinivasa Shetty
- Balakrishna Ramarao Maddur
- Sumana Srinivasa Shetty
- Rakesh Gopal Shetty
- Shankaran Subramaniam
- Rohan Srinivasa Shetty
- Aaryan Shetty
- Parameswara Akkili Reddy
What is the registered address of Mysore Mercantile Company Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Mysore Mercantile Company Limited is Mysore Mercantile House 46 3 4 Floor 36Th Cross (Between 20Th 22Nd Main) Jayanagar 4Th T Block, India, Bangalore, Karnataka, 560041.
What is the corporate identification number (CIN) and company number of Mysore Mercantile Company Limited?
The corporate identification number (CIN) of Mysore Mercantile Company Limited is U51229KA2000PLC026500 and the company number is 026500 as per Ministry of Corporate Affairs (MCA).
What is the official website of Mysore Mercantile Company Limited?
The Official website of Mysore Mercantile Company Limited is https://www.mmclindia.co.in
What has been the recent revenue trend for Mysore Mercantile Company Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Mysore Mercantile Company Limited has risen by 55.03%.
What change has been observed in the net worth of Mysore Mercantile Company Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Mysore Mercantile Company Limited has experienced an upsurge of 77.64%.
What are the total open charges for Mysore Mercantile Company Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Mysore Mercantile Company Limited amount to ₹ 101.25 Cr.
When was the last Balance Sheet of Mysore Mercantile Company Limited filed with the ROC?
The most recent Balance Sheet for Mysore Mercantile Company Limited was filed with the ROC on 31 Mar 2023.
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