About
Basic Data Updated:
11 days agoMercantile Ventures Limited, previously known as MCC Finance Limited, is a company that specializes in investing in immovable properties for the purpose of leasing. The main focus of the company is to acquire immovable properties and either lease them out or sell them for profit. The company, which was established in 1985, has its registered office situated in Chennai, Tamil Nadu.
Industry
Company Details
- Location
Chennai, Tamil Nadu, India
- Website1222442
- Telephone1222442
- Email Address1222442
CIN/LLPIN/FCRN | L65191TN1985PLC037309 |
Company No. | 037309 |
Stock Symbol | BSE : 538942 |
Company Classification | Public Limited Indian Non-Government Company |
Incorporation Date | 23 Dec 1985 |
Date of AGM | 28 Sep 2023 |
Date of Balance Sheet | 31 Mar 2023 |
Listing Status | Listed |
ROC Code | Roc Chennai |
Financials of Mercantile Ventures Limited
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%.
Enhance accessibility to Mercantile Ventures's financial data by unlocking access to both Standalone and Consolidated balance sheets, Profit & Loss Statements, Ratios, Related Party Transactions, and additional relevant information.
Corporate Structure
Unlock access to Mercantile Ventures's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
People in Mercantile Ventures Limited
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.
Executive Team (2)
VS
V Sarma CFOAppointment Date: 28-May-2014
Status: Current
OJ
Oberoi Jangit Company SecretaryAppointment Date: 16-Jun-2023
Status: Current
Board Members(6)
Charges (Loans)
Lender | Amount | Status |
---|---|---|
Others Creation Date: 30 Mar 2022 | ₹150.00 Cr | Open |
Others Creation Date: 30 Sep 2020 | ₹235.00 Cr | Open |
Others Creation Date: 02 Jul 2019 | ₹125.00 Cr | Satisfied |
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
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Alert
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Recent activity within the organization
Annual General Meeting
Mercantile Ventures Limited last Annual general meeting of members was held on 28 Sep 2023 as per latest MCA records.
28 Sep 2023Balance Sheet
Mercantile Ventures Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
31 Mar 2023Charges
A charge with Others amounted to Rs. 150.00 cr with Charge ID 100564263 was registered on 30 Mar 2022.
30 Mar 2022Charges
A charge with Others amounted to Rs. 235.00 cr with Charge ID 100375480 was registered on 30 Sep 2020.
30 Sep 2020Charges
A charge registered on 02 Jul 2019 via Charge ID 100275824 with Others was fully satisfied on 28 Sep 2020.
28 Sep 2020
Recent News, Updates & Announcement
- Mercantile Ventures director M Rajamani resigns.
Mercantile Ventures has informed that Mr M Rajamani Director vide his letter dated February 08 2017 has resigned from the Board of the Company.
Moneycontrol 09 Feb 2017
Frequently asked questions
What is the Incorporation or founding date of Mercantile Ventures Limited?