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
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Sectors
Energy & Utilities
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Phone
Locked
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Website
Locked
- Legal Name Indianoil Upstream Ventures Limited
- Date of Incorporation 04 May, 2007
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$900.82 K (USD)928.98as on Mar 31, 2019
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Net Profit
-$732.46 K (USD)-369.05as on Mar 31, 2019
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EBITDA
-$774.61 K (USD)-235.08as on Mar 31, 2019
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Latest Funding Round
Not available
- Investors
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Employee Count
8
as on Apr 10, 2024
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Acquired by
Indian Oil
(Nov 06, 2023)
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Funding Insights of Mercator Petroleum
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Oil and gas refining, distribution, and marketing services are provided.
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Locked | Locked | Locked |
Investor details for Mercator Petroleum
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Investments & Acquisitions by Mercator Petroleum
Investment portfolio details for Mercator Petroleum
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Financial Statements - Mercator Petroleum
Detailed financials for Mercator Petroleum
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Mercator Petroleum Comparisons
Peer comparison for Mercator Petroleum
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Competitors of Mercator Petroleum
Detailed competitors of Mercator Petroleum
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Latest news on Mercator Petroleum
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.