Mercantile Ventures Limited - Company Profile

Q: Who are the current directors of Mercantile Ventures Limited?

The current directors of Mercantile Ventures Limited are Rangaswami Natarajan Edayathumangalam, Bhimsingh Narendran, Oberoi Jangit, Rita Chandrasekar, Kuppuswamy Gopalakrishnan, Umasankar, Govindarajan Dattatreyan Sharma, Umasankar.

It is a financial services public limited company based in Chennai, Tamil Nadu, India, established in 1985.

1985 Chennai, Tamil Nadu, India Active

Last Updated: December 27, 2025

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About Mercantile Ventures Limited

Mercantile Ventures Limited, a active public limited company, was established on 23 December 1985 in Chennai, Tamil Nadu, India. Engaging in real estate financing within the real estate sector, it holds CIN: L65191TN1985PLC037309. Registered under ROC Roc Chennai. it is listed on BSE: 538942. It has an authorized capital of ₹130.09 Cr and a paid-up capital of ₹111.92 Cr.

Formerly known as Mcc Finance Limited, Excel Finance Limited. It upholds a compliant status. In 2021, it reported revenue of ₹22.94 Cr and a net worth of ₹287.04 Cr. Its leadership includes Rangaswami Natarajan Edayathumangalam (Whole-Time Director), Bhimsingh Narendran (Director), Rita Chandrasekar (Director). Past directors included Muthukumar Andiappan, Rangaswami Natarajan Edayathumangalam, V Padmanabha Sarma. It holds ₹300.00 Cr open charges and ₹646.00 Cr settled loans. Its latest AGM occurred on 25 September 2025, with the balance sheet filed on 31 March 2025. It is based at 88, Mount Road Guindy, Chennai, Tamil Nadu, 600032.

Company Details

CIN/LLPIN
L65191TN1985PLC037309
Registration Number
037309
Incorporation Date
23 December 1985
Authorized Capital
₹130.09 Cr
Paid-Up Capital
₹111.92 Cr
ROC Code
Roc Chennai
Listing Status
Listed (BSE: 538942)
Company Status
Active

Key Metrics

Authorised Capital ₹ 130.09 Cr as on 27-12-2025
Paid Up Capital ₹ 111.92 Cr as on 27-12-2025
Company Age 40 Year, 1 Month
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 300.00 Cr as on 27-12-2025
Satisfied Charges ₹ 646.00 Cr as on 27-12-2025
Revenue Growth **** 11.10% (FY 2021)
Profit Growth **** -54.07% (FY 2021)
Ebitda **** -8.49% (FY 2021)
Net Worth 10.66% (FY 2021)
Total Assets **** 11.11% (FY 2021)

Comprehensive Company Insights

Explore comprehensive insights into Mercantile Ventures 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 Ventures Limited?

Current Directors

Name	Designation	Appointment Date	Status
Rangaswami Natarajan Edayathumangalam	Whole-Time Director	05 Dec 2015	Current
Bhimsingh Narendran	Director	03 Feb 2017	Current
Rita Chandrasekar	Director	25 Mar 2025	Current
Kuppuswamy Gopalakrishnan	Director	12 Jun 2020	Current
Umasankar	Cfo	22 Jun 2024	Current
Govindarajan Dattatreyan Sharma	Director	12 Jun 2020	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	09 Nov 2012	Past
Pramod Abcsdd	Whole-Time Director	04 Dec 2015	Past
Pramod Abcsdd	Cfo	-	Past
Pramod Abcsdd	Company Secretary	-	Past
Pramod Abcsdd	Additional Director	28 Jul 2017	Past
Pramod Abcsdd	Director	31 Jul 2025	Past

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Financial Performance of Mercantile Ventures.

Mercantile Ventures Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 11.1% increase. The company also saw a substantial fall in profitability, with a 54.07% decrease in profit. The company's net worth Soared by an impressive increase of 10.66%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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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

********

11.10%

*******

Revenue from Operations

*******

-3.64%

*******

Total Assets

*******

11.11%

*******

Profit or Loss

*******

-54.07%

*******

Net Worth

*******

10.66%

*******

EBITDA

*******

-8.49%

*******

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What is the Ownership and Shareholding Structure of Mercantile Ventures?

In 2022, Mercantile Ventures had a promoter holding of 69.43% and a public holding of 30.57%. The company had 5 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹3,000,000,000.00

Satisfied Charges

₹6,460,000,000.00

Charges Breakdown by Lending Institutions

Others : 300.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
25 Apr 2025	Others	₹300.00 Cr	Open
30 Mar 2022	Others	₹150.00 Cr	Satisfied
30 Sep 2020	Others	₹235.00 Cr	Satisfied
02 Jul 2019	Others	₹125.00 Cr	Satisfied
16 Jul 2018	Others	₹125.00 Cr	Satisfied

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How Many Employees Work at Mercantile Ventures?

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

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Mercantile Ventures, 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 Ventures's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

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.

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Latest Updates, News, and FAQs on Mercantile Ventures

Recent Activity within the Organization

Annual General Meeting

The activity Mercantile Ventures Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records. was completed.
25 Sep 2025
Charges

Progress on A charge with Others amounted to Rs. 300.00 Cr with Charge ID 101096088 was registered on 25 Apr 2025. was documented.
25 Apr 2025
Balance Sheet

The activity Mercantile Ventures Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai. was completed.
31 Mar 2025
Director Appointment

Progress on Rita Chandrasekar was appointed as a Director was appointed as a Director on 25 Mar 2025 & has been associated with this company since 10 months 26 days . was documented.
25 Mar 2025
Charges

A charge registered on 30 Sep 2020 via Charge ID 100375480 with Others was fully satisfied on 18 Dec 2024. was recorded as a recent event.
18 Dec 2024
Charges

A charge registered on 30 Mar 2022 via Charge ID 100564263 with Others was fully satisfied on 11 Dec 2024. was recorded as a recent event.
11 Dec 2024

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