Mercuri Retail Private Limited
About Mercuri Retail Private Limited
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Mercuri Retail Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the sports equipment retail and distribution segment of the consumer goods sector. It was incorporated on 14 September 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2009PTC050925. Its GSTIN is 29AAGCM1938A1ZN (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Mercuri Ventures Private Limited and Mercuri Media Marketing Private Limited. It is led by directors Sriram Bakthisaran and Lakshmi Sriram.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 427 3rd Cross 1st Stage Indiranagar, Bangalore, Karnataka, India – 560038.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.15 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹70,813 (net margin -32.9%) and EBITDA of -₹42,682 (EBITDA margin -19.8%). Revenue has declined at a compounded annual rate (CAGR) of 490% over three years and 46% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Mercuri Retail has undergone 2 name changes throughout its history. The company was previously known as Mercuri Ventures Private Limited, and Mercuri Media Marketing Private Limited. The current legal name is Mercuri Retail Private Limited.
| Company Name | Status |
|---|---|
| Mercuri Retail Private Limited | Current |
| Mercuri Ventures Private Limited | Previous |
| Mercuri Media Marketing Private Limited | Previous |
Contact details
Mercuri Retail Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered Address427 3rd Cross 1st Stage Indiranagar, Bangalore, Karnataka, India – 560038
- IndustryConsumer Goods, Sports Equipment Retail & Distribution
To see the full contact details of Mercuri Retail Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Mercuri Retail is arts, entertainment and recreation. In detail, this covers sports activities and amusement and recreation activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| R | Arts, entertainment and recreation | 93 | Sports activities and amusement and recreation activities |
To see the full business activity and turnover split of Mercuri Retail Private Limited, buy the company report.
Financials of Mercuri Retail Private Limited
FY 2025 filings availableMercuri Retail Private Limited reported revenue of ₹2.15 Lakh (up 20450% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 46% over five years. EBITDA rose 79% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹42,682 | ||||
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| Net Profit (PAT) | -₹70,813 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -19.8% | ||||
| Net Profit Margin | -32.9% | ||||
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To see the full financial statements and ratios of Mercuri Retail Private Limited, buy the company report.
Board of directors of Mercuri Retail Private Limited
Mercuri Retail has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sriram Bakthisaran | Director | 14 Sep 2009 | 17 Years 1 Months | Current |
| Lakshmi Sriram | Director | 18 Oct 2012 | 14 Years 0 Months | Current |
Auditor
Mercuri Retail Private Limited is audited by PRASHANT SINGH & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRASHANT SINGH & ASSOCIATES | FY 2020 | 014351S |
Shareholding
The shareholding of Mercuri Retail Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mercuri Retail Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Mercuri Retail Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mercuri Retail Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mercuri Retail has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCM1938A1ZN | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mercuri Retail Private Limited, buy the company report.
Recent activity
Mercuri Retail Private Limited has 5 board changes on record since 2009: 2 appointments and 3 cessations. The latest: Lakshmi Sriram ceased to be Additional Director on 23 Jun 2014.
Frequently asked questions
Mercuri Retail is an active private limited company based in Bangalore, Karnataka, India. The company works in sports equipment retail and distribution, within the consumer goods industry. It was incorporated on 14 September 2009 (17+ years old) and is registered under CIN U72200KA2009PTC050925.
Mercuri Retail has 2 current directors:
- Sriram Bakthisaran - Director
- Lakshmi Sriram - Director
The latest financial statements of Mercuri Retail on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Mercuri Retail is 29AAGCM1938A1ZN, registered in Karnataka.
The CIN (Corporate Identification Number) of Mercuri Retail is U72200KA2009PTC050925. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mercuri Retail was incorporated on 14 September 2009, making it 17+ years old. It is registered with the Registrar of Companies, Bangalore.
Lakshmi Sriram ceased to be Additional Director on 23 Jun 2014. Lakshmi Sriram was appointed as Director on 18 Oct 2012. Madhavan Jaganathan ceased to be Director on 18 Oct 2012. Mercuri Retail has 5 board changes on record in total.
The registered office of Mercuri Retail is at 427 3rd Cross 1st Stage Indiranagar, Bangalore, Karnataka, India – 560038.
Mercuri Retail operates in the consumer goods industry, in the sports equipment retail and distribution segment.
The compliance status of Mercuri Retail is compliant as of 15 September 2026. The company is actively filing with the Registrar of Companies.
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