About Mercator Limited
Data last updated: 24 June 2025
Mercator Limited is a public limited company based in Mumbai, Maharashtra, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It specialises in mining and mineral extraction, a part of the broader metals and mining sector. Incorporated on 24 November 1983, the company has been in operation for over 43 years.
Registered with ROC Mumbai under CIN L63090MH1983PLC031418. Listed on BSE: 526235 and NSE: MERCATOR.
Capital: an authorised share capital of ₹235 Cr and a paid-up capital of ₹30.25 Cr. Formerly known as Mercator Lines Private Limited and Mercator Lines Limited. It is led by directors including Jagmohan Talan and Ritu Vats.
Last AGM: 29 December 2020. Financial statements filed for year ended 31 March 2020. Office: 83 – 87 8Th Floor Mittal Tower B Wing Nariman Point, Mumbai, Maharashtra, India – 400021.
Total assets are valued at ₹1,142.86 Cr.
The company has a workforce of approximately 1 employees as per the latest available data.
The company is associated with 1 brand - Mercator. As per MCA filings, the company has open charges of ₹1,194.01 Cr and satisfied charges of ₹4,752.02 Cr on record.
The company is currently under liquidation - its assets are being sold to settle outstanding debts. It may lack the legal capacity to fulfil new agreements, and creditors are prioritised in the distribution of proceeds. The last known website on record is mercator.in.
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Registered Address83 – 87 8Th Floor Mittal Tower B Wing Nariman Point, Mumbai, Maharashtra, India – 400021
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IndustryMetals and Minerals, Mining & Mineral Extraction
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Mercator Limited
Mercator Limited has undergone 2 name changes throughout its history. The company was previously known as Mercator Lines Private Limited, and Mercator Lines Limited. The current legal name is Mercator Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Mercator Limited | Current |
| Mercator Lines Private Limited | Previous |
| Mercator Lines Limited | Previous |
CIN History of Mercator Limited
Mercator Limited has one previous CIN (Corporate Identification Number): U63090MH1983PLC031418. The current CIN is L63090MH1983PLC031418, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L63090MH1983PLC031418 | Current |
| U63090MH1983PLC031418 | Previous |
Associated Brands with Mercator Limited
Mercator Limited operates one associated brand: Mercator. These brands represent Mercator Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Crude oil extraction, dredging, and coal mining company | mercator.in |
Business Activity of Mercator Limited
Mercator Limited is engaged in principal business activities including transport and storage and support service to organizations, with detailed activities including water transport, rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transport and storage | H3 | Water transport | Locked |
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities | Locked |
Business activity turnover details for Mercator Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Auditor Details of Mercator Limited
Mercator Limited is audited by SINGHI & CO for the financial year 2020. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SINGHI & CO | Locked | Locked | Locked |
Complete auditor history for Mercator Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
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Board of Directors and KMP of Mercator Limited
Mercator Limited currently reports 3 directors and 1 key managerial person. 24 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jagmohan Talan | Director | 23 Sep 2020 | 5 Years 10 Months | As last reported |
| Ritu Vats | Director | 23 Sep 2020 | 5 Years 10 Months | As last reported |
| Sukhdarshan Singh Bedi | Director | 23 Sep 2020 | 5 Years 10 Months | As last reported |
|
Shalabh Mittal
Also directs:
Oorja Resources India Private Limited
|
Ceo | 27 May 2016 | 10 Years 2 Months | As last reported |
Financials of Mercator Limited FY 2023 filings available
Mercator Limited reported revenue of ₹- for FY 2023.
| Metrics | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Revenue from Operations | ₹0 | ₹0 | ₹373.78 Cr | ₹638.61 Cr |
| Other Income | ₹4.8 Lakh | ₹40 Lakh | ₹38.81 Cr | ₹15.38 Cr |
| Total Income | ₹4.8 Lakh | ₹40 Lakh | ₹412.59 Cr | ₹653.99 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹468.05 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹17.3 Lakh | ₹48 Lakh | ₹22.89 Cr | ₹33.72 Cr |
| Finance Costs | ₹12.8 Lakh | ₹13.27 Cr | ₹290.79 Cr | ₹260.75 Cr |
| Depreciation & Amortisation | ₹8 Lakh | ₹10 Lakh | ₹39.45 Cr | ₹141.42 Cr |
| Other Expenses | ₹2.12 Cr | ₹7.21 Cr | ₹363.55 Cr | ₹494.34 Cr |
| Total Expenses | ₹2.5 Cr | ₹21.06 Cr | ₹716.68 Cr | ₹1,398.28 Cr |
| Profit Before Exceptional Items & Tax | -₹2.46 Cr | -₹20.66 Cr | -₹304.09 Cr | -₹744.29 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | -₹154.19 Cr |
| Profit Before Tax | -₹2.46 Cr | -₹20.66 Cr | -₹304.09 Cr | -₹898.48 Cr |
| Total Tax Expense | ₹0 | -₹1.13 Cr | ₹15.58 Cr | ₹11.05 Cr |
| Net Profit | -₹2.46 Cr | -₹19.53 Cr | -₹319.67 Cr | -₹912.46 Cr |
| attributable to Owners | -₹2.46 Cr | -₹19.53 Cr | -₹332.17 Cr | -₹926.09 Cr |
| attributable to NCI | ₹0 | ₹0 | ₹12.5 Cr | ₹13.63 Cr |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 | ₹81 Lakh |
| Total Comprehensive Income | -₹2.46 Cr | -₹19.53 Cr | -₹319.67 Cr | -₹911.65 Cr |
| EBITDA (computed) | -₹2.25 Cr | -₹7.29 Cr | ₹26.15 Cr | -₹342.12 Cr |
| Basic EPS | ₹-0.08 | ₹-0.65 | ₹-10.98 | ₹-30.52 |
| Diluted EPS | ₹-0.08 | ₹-0.65 | ₹-10.98 | ₹-30.52 |
| Metrics | FY 2023 |
|---|---|
| Total Assets | ₹1,142.86 Cr |
| Non-current Assets | ₹520.01 Cr |
| Current Assets | ₹370.86 Cr |
| Property, Plant & Equipment | ₹212.77 Cr |
| Inventories | ₹11.37 Cr |
| Trade Receivables | ₹105.92 Cr |
| Cash & Equivalents | ₹28.61 Cr |
| Equity (Net Worth) | -₹1,346.95 Cr |
| Equity Share Capital | ₹30.25 Cr |
| Borrowings (Non-current) | ₹0 |
| Borrowings (Current) | ₹699.75 Cr |
| Total Debt (computed) | ₹699.75 Cr |
| Current Liabilities | ₹2,466.39 Cr |
| Total Liabilities | ₹2,489.81 Cr |
| Metrics | FY 2023 | FY 2022 |
|---|---|---|
| Operating Cash Flow | -₹1.43 Cr | -₹37.97 Cr |
| Investing Cash Flow | ₹1.59 Cr | ₹87.55 Cr |
| Financing Cash Flow | -₹12.8 Lakh | -₹47.82 Cr |
| Capital Expenditure | ₹0 | ₹0 |
| Free Cash Flow (computed) | -₹1.43 Cr | -₹37.97 Cr |
| Dividends Paid | ₹0 | ₹0 |
| Net Change in Cash | ₹3.3 Lakh | ₹1.76 Cr |
| Segment · FY 2023 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Coal (Mining, Procurement and Logistics) | ₹0 | ₹0 | - | - |
| Less: Interest | ₹0 | -₹12.8 Lakh | - | - |
| Others | ₹0 | -₹2.86 Cr | - | - |
| Shipping | ₹0 | ₹53.5 Lakh | - | - |
| Metrics | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Revenue from Operations | ₹0 | ₹0 | ₹6.85 Cr | ₹132.16 Cr |
| Other Income | ₹12.38 Cr | ₹12.69 Cr | ₹33.65 Cr | ₹19.01 Cr |
| Total Income | ₹12.38 Cr | ₹12.69 Cr | ₹40.5 Cr | ₹151.17 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹94.85 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹17.3 Lakh | ₹33 Lakh | ₹2.88 Cr | ₹9.23 Cr |
| Finance Costs | ₹12.8 Lakh | ₹15 Lakh | ₹210.12 Cr | ₹220.13 Cr |
| Depreciation & Amortisation | ₹8 Lakh | ₹10 Lakh | ₹12 Lakh | ₹41.05 Cr |
| Other Expenses | ₹11.59 Cr | ₹8.03 Cr | ₹31.15 Cr | ₹325.76 Cr |
| Total Expenses | ₹11.97 Cr | ₹8.61 Cr | ₹244.27 Cr | ₹691.02 Cr |
| Profit Before Exceptional Items & Tax | ₹40.8 Lakh | ₹4.08 Cr | -₹203.77 Cr | -₹539.85 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | -₹485.47 Cr |
| Profit Before Tax | ₹40.8 Lakh | ₹4.08 Cr | -₹203.77 Cr | -₹1,025.32 Cr |
| Total Tax Expense | ₹0 | ₹1.12 Cr | ₹9.35 Cr | ₹45 Lakh |
| Net Profit | ₹40.8 Lakh | ₹2.96 Cr | -₹213.12 Cr | -₹1,025.77 Cr |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 | ₹63 Lakh |
| Total Comprehensive Income | ₹40.8 Lakh | ₹2.96 Cr | -₹213.12 Cr | -₹1,025.14 Cr |
| EBITDA (computed) | ₹61.6 Lakh | ₹4.33 Cr | ₹6.47 Cr | -₹278.67 Cr |
| Basic EPS | ₹0.01 | ₹0.17 | ₹-7.05 | ₹-33.91 |
| Diluted EPS | ₹0.01 | ₹0.17 | ₹-7.05 | ₹-33.91 |
| Metrics | FY 2023 |
|---|---|
| Total Assets | ₹382.21 Cr |
| Non-current Assets | ₹121.45 Cr |
| Current Assets | ₹260.76 Cr |
| Property, Plant & Equipment | ₹68.7 Lakh |
| Inventories | ₹0 |
| Trade Receivables | ₹41.78 Cr |
| Cash & Equivalents | ₹20.2 Lakh |
| Equity (Net Worth) | -₹978.75 Cr |
| Equity Share Capital | ₹30.25 Cr |
| Borrowings (Non-current) | ₹0 |
| Borrowings (Current) | ₹225.37 Cr |
| Total Debt (computed) | ₹225.37 Cr |
| Current Liabilities | ₹1,360.93 Cr |
| Total Liabilities | ₹1,360.96 Cr |
| Metrics | FY 2023 | FY 2022 |
|---|---|---|
| Operating Cash Flow | -₹2.21 Cr | -₹4.06 Cr |
| Investing Cash Flow | ₹1.57 Cr | ₹26.53 Cr |
| Financing Cash Flow | -₹1.45 Cr | -₹21.69 Cr |
| Capital Expenditure | ₹0 | ₹0 |
| Free Cash Flow (computed) | -₹2.21 Cr | -₹4.06 Cr |
| Dividends Paid | ₹0 | ₹0 |
| Net Change in Cash | -₹2.09 Cr | ₹78 Lakh |
Ownership and Shareholding of Mercator Limited
Shareholding and ownership data for Mercator Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
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Charges & Borrowings of Mercator Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Sep 2018 | Others | ₹50 Cr | Open |
| 26 Mar 2018 | Others | ₹130 Cr | Open |
| 10 Mar 2017 | Others | ₹8.04 Cr | Open |
| 16 Dec 2016 | Others | ₹95 Cr | Open |
| 15 Dec 2016 | Axis Bank Limited | ₹130.17 Cr | Open |
Total charge records: 61 View all charges
Employees and EPFO Compliance at Mercator Limited
Mercator Limited has a workforce of 1 employees as of Apr 05, 2024.
Employee and EPFO history for Mercator Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
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GST Compliance of Mercator Limited
GST registrations and filing compliance for Mercator Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
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Credit Ratings, Litigation & Regulatory Alerts for Mercator Limited
Credit ratings, litigation, and regulatory alerts for Mercator Limited
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MSME Payment Delays by Mercator Limited
MSME payment history for Mercator Limited
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Subsidiaries & Group Companies of Mercator Limited
Corporate group structure for Mercator Limited
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MCA Filings & Documents of Mercator Limited
MCA filings and documents for Mercator Limited
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Recent Activity on Mercator Limited
Recent News on Mercator Limited
Frequently Asked Questions about Mercator Limited
Mercator Limited is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Mercator Limited is a company under liquidation, formerly operating as a public limited company in the metals and minerals sector based in Mumbai, Maharashtra, India. It was incorporated on 24 November 1983 and is registered under CIN L63090MH1983PLC031418. Listed on BSE: 526235 and NSE: MERCATOR. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
The current directors and KMP of Mercator Limited are:
- Jagmohan Talan - Director
- Ritu Vats - Director
- Sukhdarshan Singh Bedi - Director
- Shalabh Mittal - Ceo
The CIN (Corporate Identification Number) of Mercator Limited is L63090MH1983PLC031418. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Mercator Limited is listed on both BSE (code: 526235) and NSE (symbol: MERCATOR).
Mercator Limited has open charges of ₹1,194.01 Cr and satisfied charges of ₹4,752.02 Cr as per latest MCA filings.