Mercantile And Industrial Development Co Limited Company Logo

Mercantile And Industrial Development Co Limited - Company Profile

It is a machinery and equipment public limited company based in Mumbai, Maharashtra, India, established in 1949.

1949 | Mumbai, Maharashtra, India | Active
Last Updated:

About Mercantile And Industrial Development Co Limited

Mercantile And Industrial Development Co Limited, a active public limited company, was established on 12 November 1949 in Mumbai, Maharashtra, India. Engaging in industrial pumps & fluid systems within the machinery and equipment sector, it holds CIN: U29300MH1949PLC007872. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹5.00 Cr and a paid-up capital of ₹8.09 M.

It upholds a compliant status. Its leadership includes Himanshu Kulin Munim (Director), Priya S Kothari (Director), Mana Chatterjee Arup (Director). Past directors included Kirti R Shukla, Himanshu Kulin Munim, Neil Rasik Shah. It holds no open charges and ₹360.55 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at National House, 6 Tulloch Road, Mumbai, Maharashtra, 400039.

Company Details

  • CIN/LLPIN

    U29300MH1949PLC007872

  • Registration Number

    007872

  • Incorporation Date

    12 November 1949

  • Authorized Capital

    ₹5.00 Cr

  • Paid-Up Capital

    ₹8.09 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 8.09 M
  • Company Age 76 Year, 15 Days
  • Last Filing with ROC 31 Mar 2025
  • Satisfied Charges ₹ 360.55 Cr
  • Revenue Growth -84.94%
  • Profit Growth 73.63%
  • Ebitda -34.02%
  • Net Worth -4.70%
  • Total Assets -7.16%
Company report

Mercantile And Industrial Development Co Limited

Company Report FY 2025-2026

Explore comprehensive insights into Mercantile And Industrial Development Co Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Mercantile And Industrial Development Co Limited?

Current Directors

NameDesignationAppointment DateStatus
Himanshu Kulin MunimDirector27 Apr 2017Current
Priya S KothariDirector12 Dec 2020Current
Mana Chatterjee ArupDirector12 Dec 2020Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddWhole-Time Director01 Dec 2014Past
Pramod AbcsddAdditional Director30 Sep 2017Past
Pramod AbcsddManaging Director01 Dec 2014Past
Pramod AbcsddAdditional Director31 Dec 2020Past
Pramod AbcsddDirector27 Apr 2017Past
Pramod AbcsddDirector30 Jan 2021Past

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Financial Performance of Mercantile And Industrial Development Co.

Mercantile And Industrial Development Co Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 84.94% decrease. The company also saw a substantial improvement in profitability, with a 73.63% increase in profit. The company's net worth dipped by a decrease of 4.7%.

Mercantile And Industrial Development Co revenue growth over time
Mercantile And Industrial Development Co profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-84.94%
Revenue from Operations
-82.53%
Total Assets
-7.16%
Profit or Loss
73.63%
Net Worth
-4.70%
EBITDA
-34.02%

What is the Ownership and Shareholding Structure of Mercantile And Industrial Development Co?

In 2018, Mercantile And Industrial Development Co had a promoter holding of 100.00%. The company had 1 Subsidiary, 1 Joint Venture and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹3,605,491,238.00

Charges Breakdown by Lending Institutions

  • Union Bank Of India : 168.23 Cr
  • Others : 168.00 Cr
  • Bank Of Baroda : 12.00 Cr
  • State Bank Of Pataila : 10.00 Cr
  • Union Bank : 1.60 Cr
  • Others : 0.72 Cr

Latest Charge Details

DateLenderAmountStatus
23 Dec 2016Others₹168.00 CrSatisfied
31 Jan 2014Kotak Mahindra Prime Limited₹1.27 MSatisfied
21 Nov 2013Hdfc Bank Limited₹2.40 MSatisfied
29 Jun 2012Kotak Mahindra Prime Limited₹0.62 MSatisfied
21 Jun 2012Kotak Mahindra Prime Limited₹0.53 MSatisfied

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How Many Employees Work at Mercantile And Industrial Development Co?

Unlock and access historical data on people associated with Mercantile And Industrial Development Co, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Mercantile And Industrial Development Co Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mercantile And Industrial Development Co, 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 Mercantile And Industrial Development Co's trajectory.

Rating

Graph displaying rating trends over time

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Alerts

Alert Indicator

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 Mercantile And Industrial Development Co

Recent Activity within the Organization

  • Annual General Meeting

    Progress on Mercantile And Industrial Development Co Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Mercantile And Industrial Development Co Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was completed.

  • Charges

    Progress on A charge registered on 23 Dec 2016 via Charge ID 100085170 with Others was fully satisfied on 16 Apr 2021. was documented.

  • Director Appointment

    The activity Priya S Kothari was appointed as a Director was appointed as a Director on 12 Dec 2020 & has been associated with this company since 4 years 11 months . was completed.

  • Director Appointment

    The activity Mana Chatterjee Arup was appointed as a Director was appointed as a Director on 12 Dec 2020 & has been associated with this company since 4 years 11 months . was completed.

  • Charges

    Progress on A charge registered on 21 Nov 2013 via Charge ID 10490248 with Hdfc Bank Limited was fully satisfied on 07 Mar 2018. was documented.

Frequently Asked Questions

  • What is the CIN of Mercantile And Industrial Development Co Limited?

    The CIN of Mercantile And Industrial Development Co Limited is U29300MH1949PLC007872.

  • Where is Mercantile And Industrial Development Co Limited headquartered?

    Mercantile And Industrial Development Co Limited is headquartered at National House, 6 Tulloch Road, Mumbai, Maharashtra, 400039.

  • When was Mercantile And Industrial Development Co Limited incorporated?

    Mercantile And Industrial Development Co Limited was incorporated on 12 November 1949.

  • Who are the current directors of Mercantile And Industrial Development Co Limited?

    The current directors of Mercantile And Industrial Development Co Limited are

  • What is the primary industry of Mercantile And Industrial Development Co Limited?

    The primary industry of Mercantile And Industrial Development Co Limited is Machinery And Equipment.

  • Is Mercantile And Industrial Development Co Limited a listed company?

    Mercantile And Industrial Development Co Limited is unlisted.

  • What is the capital structure of Mercantile And Industrial Development Co Limited?

    The authorized capital of Mercantile And Industrial Development Co Limited is ₹5.00 Cr, and the paid-up capital is ₹8.09 M.

  • What is the compliance status of Mercantile And Industrial Development Co Limited?

    The compliance status of Mercantile And Industrial Development Co Limited is Compliant.

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