Mercantile Ventures Limited logo

Mercantile Ventures Limited

Invests in and leases or resells immovable properties, incorporated in 1985 in Chennai.

1985 Chennai, Tamil Nadu (India) Active

About

Basic Data Updated:

11 days ago

Mercantile 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

  • Website
    1222442
  • Telephone
    1222442
  • Email Address
    1222442
CIN/LLPIN/FCRNL65191TN1985PLC037309
Company No.037309
Stock Symbol BSE : 538942
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date23 Dec 1985
Date of AGM28 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusListed
ROC CodeRoc Chennai

Financials of Mercantile Ventures Limited

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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%.

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

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People in Mercantile Ventures Limited

Executive Team (2)

  • VS

    V Sarma In CFO

    Appointment Date: 28-May-2014

    Status: Current

  • OJ

    Oberoi Jangit Company Secretary

    Appointment Date: 16-Jun-2023

    Status: Current

Board Members(6)

Charges (Loans)

Open Charges Satisfied Charges

₹385.00 cr

₹261.00 cr

LenderAmountStatus

Others

Creation Date: 30 Mar 2022
₹150.00 CrOpen

Others

Creation Date: 30 Sep 2020
₹235.00 CrOpen

Others

Creation Date: 02 Jul 2019
₹125.00 CrSatisfied

Deals i

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Rating

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Alert

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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.

Related Corporates (Common Directorship)

Recent activity within the organization

  • Activity

    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 2023
  • Activity

    Balance Sheet

    Mercantile Ventures Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023
  • Activity

    Charges

    A charge with Others amounted to Rs. 150.00 cr with Charge ID 100564263 was registered on 30 Mar 2022.

    30 Mar 2022
  • Activity

    Charges

    A charge with Others amounted to Rs. 235.00 cr with Charge ID 100375480 was registered on 30 Sep 2020.

    30 Sep 2020
  • Activity

    Charges

    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

Frequently asked questions

What is the Incorporation or founding date of Mercantile Ventures Limited?

Mercantile Ventures Limited was incorporated 38 years 4 months ago on 23 Dec 1985 with Registrar of Companies Roc Chennai.

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