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 23 September 2024, with the balance sheet filed on 31 March 2024. It is based at 88, Mount Road Guindy, Chennai, Tamil Nadu, 600032.
L65191TN1985PLC037309
037309
23 December 1985
₹130.09 Cr
₹111.92 Cr
Roc Chennai
Listed (BSE: 538942)
Active
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| 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 |
| Govindarajan Dattatreyan Sharma | Director | 12 Jun 2020 | Current |
| 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 | Secretary | - | Past |
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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%.
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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.
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₹3,000,000,000.00
₹6,460,000,000.00
| 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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A charge with Others amounted to Rs. 300.00 Cr with Charge ID 101096088 was registered on 25 Apr 2025. was recorded as a recent event.
Rita Chandrasekar was appointed as a Director was appointed as a Director on 25 Mar 2025 & has been associated with this company since 8 months 4 days . was recorded as a recent event.
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.
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.
The activity Mercantile Ventures Limited last Annual general meeting of members was held on 23 Sep 2024 as per latest MCA records. was completed.
Umasankar was appointed as a Cfo was appointed as a Cfo on 28 Jun 2024 & has been associated with this company since 1 year 5 months . was recorded as a recent event.
Mercantile Ventures has informed that Mr. M Rajamani, Director vide his letter dated February 08, 2017 has resigned from the Board of the Company..
The CIN of Mercantile Ventures Limited is L65191TN1985PLC037309.
Mercantile Ventures Limited is headquartered at 88, Mount Road Guindy, Chennai, Tamil Nadu, 600032.
Mercantile Ventures Limited was incorporated on 23 December 1985.
The current directors of Mercantile Ventures Limited are
The primary industry of Mercantile Ventures Limited is Real Estate.
Mercantile Ventures Limited is listed. It is listed on BSE: 538942.
The authorized capital of Mercantile Ventures Limited is ₹130.09 Cr, and the paid-up capital is ₹111.92 Cr.
The compliance status of Mercantile Ventures Limited is Compliant.
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