Mercury Business Solutions Limited - Company Profile

It is a consumer electronics & durables public limited company based in Ahmednagar, Maharashtra, India, established in 1988.
1988 Ahmednagar, Maharashtra, India Active
Last Updated:
Access Report
About Mercury Business Solutions Limited

Mercury Business Solutions Limited, a active public limited company, was established on 18 March 1988 in Ahmednagar, Maharashtra, India. Engaging in electronic appliances retail & distribution within the consumer electronics & durables sector, it holds CIN: U32101MH1988PLC046426. Registered under ROC Roc Pune. it is unlisted. It has an authorized capital of ₹5.00 Cr and a paid-up capital of ₹1.07 Cr.

Formerly known as Videocon Services Limited. It upholds a active non-compliant status. Its leadership includes Mansukhlal Panalal Surpuriya (Director), Mukund Murlidhar Rajhans (Director), Sanjay Bhaskar Hingane (Director). Past directors included Mansukhlal Panalal Surpuriya, Vivek Dattatraya Dharm, Dyaneshwar Raybhan Malkar. It holds ₹34.41 Cr open charges and no settled loans. Its latest AGM occurred on 27 September 2019, with the balance sheet filed on 31 March 2019. It is based at 2275,Adat Bazar,Ahmednagar, Ahmednagar, Maharashtra, 414001.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U32101MH1988PLC046426

  • Registration Number

    046426

  • Incorporation Date

    18 March 1988

  • Authorized Capital

    ₹5.00 Cr

  • Paid-Up Capital

    ₹1.07 Cr

  • ROC Code

    Roc Pune

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 1.07 Cr
  • Company Age 38 Year, 1 Month
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 34.41 Cr
  • Revenue Growth **** %
  • Profit Growth **** -20.81%
  • Ebitda **** -20.81%
  • Net Worth -44.38%
  • Total Assets **** 14.05%
Company report

Mercury Business Solutions Limited

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Mercury Business Solutions Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report
Who are the key members and board of directors at Mercury Business Solutions Limited?
Current Directors
Name Designation Appointment Date Status
Mansukhlal Panalal Surpuriya Director 31 Mar 2015 Current
Mukund Murlidhar Rajhans Director 31 Mar 2015 Current
Sanjay Bhaskar Hingane Director 01 Oct 2013 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 30 Sep 2015 Past
Pramod Abcsdd Director 31 Mar 2015 Past
Pramod Abcsdd Director 31 Mar 2015 Past
Pramod Abcsdd Additional Director 30 Sep 2015 Past
Pramod Abcsdd Director 19 Oct 2013 Past
Pramod Abcsdd Additional Director 30 Sep 2014 Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Mercury Business Solutions.

Mercury Business Solutions Limited, for the financial year ended 2016, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 20.81% decrease in profit. The company's net worth observed a substantial decline by a decrease of 44.38%.

Mercury Business Solutions revenue growth over time
Mercury Business Solutions profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
*******
*******
*******
*******
*******
Revenue from Operations
*******
*******
*******
*******
*******
*******
Total Assets
*******
 14.05%
*******
*******
*******
*******
Profit or Loss
*******
 -20.81%
*******
*******
*******
*******
Net Worth
*******
 -44.38%
*******
*******
*******
*******
EBITDA
*******
 -20.81%
*******
*******
*******
*******

Discover detailed financial data and - Unlock financial today!

What is the Ownership and Shareholding Structure of Mercury Business Solutions?

In 2016, Mercury Business Solutions had a promoter holding of 99.99% and a public holding of 0.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)
Open Charges

₹344,100,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Punjab National Bank : 30.00 Cr
  • Punjab And Sind Bank : 4.41 Cr
Latest Charge Details
Date Lender Amount Status
27 Dec 2004 Punjab National Bank ₹30.00 Cr Open
23 Dec 1988 Punjab And Sind Bank ₹4.41 Cr Open

Explore comprehensive loan charge details -

How Many Employees Work at Mercury Business Solutions?

Unlock and access historical data on people associated with Mercury Business Solutions, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mercury Business Solutions, 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 Mercury Business Solutions's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

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.

Explore deal ratings and alerts - Get instant access now!

Latest Updates, News, and FAQs on Mercury Business Solutions
Recent Activity within the Organization
  • Annual General Meeting

    Mercury Business Solutions Limited last Annual general meeting of members was held on 27 Sep 2019 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    The activity Mercury Business Solutions Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Pune. was completed.

  • Director Appointment

    Progress on Mansukhlal Panalal Surpuriya was appointed as a Director was appointed as a Director on 31 Mar 2015 & has been associated with this company since 11 years 1 month . was documented.

  • Director Appointment

    Mukund Murlidhar Rajhans was appointed as a Director was appointed as a Director on 31 Mar 2015 & has been associated with this company since 11 years 1 month . was recorded as a recent event.

  • Director Appointment

    Sanjay Bhaskar Hingane was appointed as a Director was appointed as a Director on 01 Oct 2013 & has been associated with this company since 12 years 7 months . was recorded as a recent event.

  • Charges

    The activity A charge with Punjab National Bank amounted to Rs. 30.00 Cr with Charge ID 90082289 was registered on 27 Dec 2004. was completed.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Mercury Business Solutions Limited?

The CIN of Mercury Business Solutions Limited is U32101MH1988PLC046426.

Where is Mercury Business Solutions Limited headquartered?

Mercury Business Solutions Limited is headquartered at 2275,Adat Bazar,Ahmednagar, Ahmednagar, Maharashtra, 414001.

When was Mercury Business Solutions Limited incorporated?

Mercury Business Solutions Limited was incorporated on 18 March 1988.

Who are the current directors of Mercury Business Solutions Limited?

The current directors of Mercury Business Solutions Limited are

What is the primary industry of Mercury Business Solutions Limited?

The primary industry of Mercury Business Solutions Limited is Consumer Electronics & Durables.

Is Mercury Business Solutions Limited a listed company?

Mercury Business Solutions Limited is unlisted.

What is the capital structure of Mercury Business Solutions Limited?

The authorized capital of Mercury Business Solutions Limited is ₹5.00 Cr, and the paid-up capital is ₹1.07 Cr.

What is the compliance status of Mercury Business Solutions Limited?

The compliance status of Mercury Business Solutions Limited is Active Non-Compliant.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available