Mercado Online Private Limited
About Mercado Online Private Limited
Data last updated:
Mercado Online Private Limited was a private limited company based in Chennai, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 02 April 2004.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2004PTC052876. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹25.08 Cr and a paid-up capital of ₹25.01 Cr. It was led by directors Vaitheeswaran Kothandaraman and Ramamoorthy Parameswaran.
Its last annual general meeting (AGM) was held on 29 September 2012, and its latest financial statements are for the year ended 31 March 2012. The registered office was at No. 345 Door Number 333 Sixth Floor Fountain Plaza Pantheon Road Egmore, Chennai, Tamil Nadu, India – 600008.
The company was associated with 1 brand: Indiaplaza. Court records list 26 cases involving the company, including 1 filed by the company and 25 filed against it; 9 cases are pending. The company has 3 deals on record (3 funding rounds), with disclosed funding of ₹29.18 Cr; the latest was in August 2011.
Company details
Contact details
Mercado Online Private Limited's registered office is in Chennai, Tamil Nadu.
- Registered AddressNo. 345 Door Number 333 Sixth Floor Fountain Plaza Pantheon Road Egmore, Chennai, Tamil Nadu, India – 600008
- IndustryE-Commerce, General E-Commerce Platforms
- 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
Brands
Mercado Online operates one associated brand: Indiaplaza. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates an online retail marketplace for diverse products and services. | indiaplaza.com |
Financials of Mercado Online Private Limited
FY 2012 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of Mercado Online Private Limited, buy the company report.
Board of directors of Mercado Online Private Limited
Mercado Online has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vaitheeswaran Kothandaraman Also directs: Bachfun Private Limited | Director | 07 Jan 2011 | 15 Years 9 Months | As last reported |
| Ramamoorthy Parameswaran Also directs: Sulekha .Com New Media Private Limited | Director | 12 Apr 2004 | 22 Years 6 Months | As last reported |
Deals & funding
Mercado Online Private Limited has 3 deals on record (3 funding rounds), with disclosed funding of ₹29.18 Cr; the latest was in August 2011.
Deals on record (2 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2011 | Funding round | ₹25 Cr | Investors: Kalaari Capital |
| Jan 2011 | Funding round | ₹28.1 Lakh | Investors: 4 individuals |
To see the full deal history of Mercado Online Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Mercado Online Private Limited has 26 court cases on record: 1 filed by Mercado Online, 25 filed against it. 9 cases are pending and 17 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 24 | 23 | 9 |
| District courts | 2 | 2 | 0 |
Cases on record (5 of 26)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by The Mobilestore Ltd Th.Mr.Amitkumar Tiwari | Disposed |
| High Court of Karnataka | Court case (MFA) | Filed by the company against M/S Munoth Industries Limited | Disposed |
| High Court of Karnataka | Interim or miscellaneous application | Filed against the company by M/S Munoth Industries Limited | Disposed |
| High Court, TAMIL NADU | Company petition | Filed against the company by Asmi Jewellery India Pvt.Ltd | Disposed |
| High Court, TAMIL NADU | Court case (COMP.A) | Filed against the company by Asmi Jewellery India Pvt.Ltd | Disposed |
To see the full case history of Mercado Online Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mercado Online Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mercado Online has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Mercado Online Private Limited, buy the company report.
Recent activity
Mercado Online Private Limited has 10 board changes on record since 2004: 2 appointments and 8 cessations. The latest: Ramamoorthy Parameswaran ceased to be Director on 30 Jan 2015.
1 earlier event is in the company report.
Frequently asked questions
Mercado Online has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Mercado Online was a private limited company based in Chennai, Tamil Nadu, India. The company worked in general e-commerce platforms, within the e-commerce industry. It was incorporated on 02 April 2004 and is registered under CIN U72900TN2004PTC052876. The company has been struck off by the Registrar of Companies and is no longer operational.
Mercado Online had 2 directors:
- Vaitheeswaran Kothandaraman - Director
- Ramamoorthy Parameswaran - Director
The CIN (Corporate Identification Number) of Mercado Online is U72900TN2004PTC052876. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Mercado Online is at No. 345 Door Number 333 Sixth Floor Fountain Plaza Pantheon Road Egmore, Chennai, Tamil Nadu, India – 600008.
Mercado Online was incorporated on 02 April 2004. It is registered with the Registrar of Companies, Chennai.
The latest financial statements of Mercado Online on record with the MCA are for the year ended 31 March 2012. Its last annual general meeting was held on 29 September 2012. Year-wise statements from 2015 are in the company report.
No. Mercado Online has 1 GST registration on record and it is cancelled or inactive.
Mercado Online operated in the e-commerce industry, in the general e-commerce platforms segment. It worked in this industry before it was struck off.
Mercado Online has 3 deals on record (3 funding rounds), with disclosed funding of ₹29.18 Cr; the latest was in August 2011.
Sample company reports
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