Mercury Business Solutions Limited
About Mercury Business Solutions Limited
Data last updated:
Mercury Business Solutions Limited is a public limited company based in Ahmednagar, Maharashtra, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 18 March 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U32101MH1988PLC046426.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹1.07 Cr. It was formerly known as Videocon Services Limited. It is led by directors including Mansukhlal Panalal Surpuriya and Mukund Murlidhar Rajhans.
Its last annual general meeting (AGM) was held on 27 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 2275 Adat Bazar Ahmednagar, Maharashtra, India – 414001.
As per MCA filings, the company has open charges of ₹34.41 Cr on record. Court records list 3 cases involving the company, including 3 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Mercury Business Solutions Limited's registered office is in Ahmednagar, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address2275 Adat Bazar Ahmednagar, Maharashtra, India – 414001
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Mercury Business Solutions Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Mercury Business Solutions Limited
FY 2019 filings availableFinancial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Mercury Business Solutions Limited, buy the company report.
Board of directors of Mercury Business Solutions Limited
Mercury Business Solutions has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mansukhlal Panalal Surpuriya Also directs: Altisun Energy Limited, Goldenarch Distributions Private Limited, North India Kitchen Accessories Private Limited and 1 more | Director | 31 Mar 2015 | 11 Years 7 Months | Current |
| Mukund Murlidhar Rajhans Also directs: South Pole Securities Limited, The Invex Private Limited, Eshwar Home Appliances Private Limited and 1 more | Director | 31 Mar 2015 | 11 Years 7 Months | Current |
| Sanjay Bhaskar Hingane Also directs: Videocon Energy Holdings Limited, Prosperous Energy Private Limited, Videocon Realty and Infrastructures Limited CN and 4 more | Director | 01 Oct 2013 | 13 Years 1 Months | Current |
Auditor
Mercury Business Solutions Limited is audited by YADKIKAR & CHANDAK for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| YADKIKAR & CHANDAK | FY 2016 | 129599W |
Shareholding
The shareholding of Mercury Business Solutions Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Mercury Business Solutions Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Dec 2004 | 90082289 | Punjab National Bank | ₹30 Cr | Open | |
| 23 Dec 1988 | 90083571 | Punjab and Sind Bank | ₹4.41 Cr | Open |
Total charge records: 2 View all charges
Legal cases
Mercury Business Solutions Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed against the company by an individual | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed against the company by an individual | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed against the company by an individual | Disposed |
To see the full case history of Mercury Business Solutions Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mercury Business Solutions Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Mercury Business Solutions Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Mercury Business Solutions Limited has 9 board changes on record since 2013: 3 appointments and 6 cessations. The latest: Mansukhlal Panalal Surpuriya ceased to be Additional Director on 30 Sep 2015.
2 earlier events are in the company report.
Frequently asked questions
Mercury Business Solutions is an active public limited company based in Ahmednagar, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 18 March 1988 (38+ years old) and is registered under CIN U32101MH1988PLC046426.
Mercury Business Solutions has 3 current directors:
- Mansukhlal Panalal Surpuriya - Director
- Mukund Murlidhar Rajhans - Director
- Sanjay Bhaskar Hingane - Director
The latest financial statements of Mercury Business Solutions on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 27 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Mercury Business Solutions is U32101MH1988PLC046426. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mercury Business Solutions has 3 court cases on record: 3 filed against it.
Mercury Business Solutions was incorporated on 18 March 1988, making it 38+ years old. It is registered with the Registrar of Companies, Pune.
Mansukhlal Panalal Surpuriya ceased to be Additional Director on 30 Sep 2015. Mukund Murlidhar Rajhans ceased to be Additional Director on 30 Sep 2015. Dyaneshwar Raybhan Malkar ceased to be Director on 31 Mar 2015. Mercury Business Solutions has 9 board changes on record in total.
The registered office of Mercury Business Solutions is at 2275 Adat Bazar Ahmednagar, Maharashtra, India – 414001.
Mercury Business Solutions operates in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment.
Mercury Business Solutions has open charges of ₹34.41 Cr and no satisfied charges on record as per latest MCA filings.
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