Mercator Petroleum

Mumbai, India Founded: 2022 • Age: 4 yrs Acquired By Indian Oil
Petroleum exploration, development, and production services are provided internationally.
Annual revenue $900,823 Latest available
Total funding - Funding intelligence
Employees 8 Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors - Brand Intelligence

About Mercator Petroleum

Mercator Petroleum is a company based in Mumbai (India) founded in 2022 was acquired by Indian Oil in November 2023. The company has 8 employees as of April 10, 2024.

  • Headquarter Mumbai, India
  • Employees 8 as on 10 Apr, 2024
  • Sectors
    Energy & Utilities
  • Phone
    Locked
  • Website
    Locked
  • Legal Name Indianoil Upstream Ventures Limited
  • Date of Incorporation 04 May, 2007
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Energy & Utilities → Oil & Gas Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $900.82 K (USD)
    928.98
    as on Mar 31, 2019
  • Net Profit
    -$732.46 K (USD)
    -369.05
    as on Mar 31, 2019
  • EBITDA
    -$774.61 K (USD)
    -235.08
    as on Mar 31, 2019
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    8

    as on Apr 10, 2024

  • Acquired by
    Indian Oil

    (Nov 06, 2023)

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Funding Insights of Mercator Petroleum

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Detailed funding history for Mercator Petroleum

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Investors in Mercator Petroleum

Mercator Petroleum has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Indian Oil.

All
Institutional
Investor Description Founded Year Domain Location
Oil and gas refining, distribution, and marketing services are provided.
Locked Locked Locked
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Investor details for Mercator Petroleum

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Investments & Acquisitions by Mercator Petroleum

Investments
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Investment portfolio details for Mercator Petroleum

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Financial Statements - Mercator Petroleum

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Detailed financials for Mercator Petroleum

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Mercator Petroleum Comparisons

Mercator Petroleum Primary company
Description
Petroleum exploration, development, and production services ...
Location
Mumbai, India
Founded Year
2022
Annual Revenue
$900.82 K (USD)
Net Profit
-$732.46 K (USD)
EBITDA
-$774.61 K (USD)
Employees
8
As of 2024
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Peer comparison for Mercator Petroleum

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Competitors of Mercator Petroleum

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Detailed competitors of Mercator Petroleum

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Latest news on Mercator Petroleum

No delay over IOC-Mercator petroleum deal: DIPAM
Economictimes2 years ago
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Complete news archive for Mercator Petroleum

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Frequently Asked Questions about Mercator Petroleum

Mercator Petroleum was founded in 2022.

Mercator Petroleum is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

As of Apr 10, 2024, the latest employee count at Mercator Petroleum is 8.

Annual revenue of Mercator Petroleum is $900.82K as on Mar 31, 2019.

Mercator Petroleum Ltd. was founded in 2022 as a subsidiary of the Mumbai-based Mercator Limited conglomerate. Activities in the energy sector, including petroleum exploration, development, and production, are conducted in India and overseas. Broader interests of the parent company encompass coal, oil and gas, commodity transportation, and dredging. The entity was acquired by Indian Oil Corporation for around INR 148 crore via an insolvency process.

Mercator Petroleum has 1 investor. Key investors include Indian Oil.

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