About Mercury Ev-Tech Limited
Data last updated: 07 March 2026
Mercury Ev-Tech Limited is a public limited company based in Karjan, Gujarat, India. It specialises in metals retail and distribution, a part of the broader metals and mining sector. Incorporated on 04 July 1986, the company has been in operation for over 40 years.
Registered with ROC Ahmedabad under CIN L27109GJ1986PLC008770. Listed on BSE: 531357.
Capital: an authorised share capital of ₹48.01 Cr and a paid-up capital of ₹19 Cr. Formerly known as Mercury Metals Private Limited and Mercury Metals Limited. It is led by directors including Lalit Vitthal Waankhede and Dinesh Kumar Sinha.
Last AGM: 15 December 2025. Financial statements filed for year ended 31 March 2025. Office: Block No. 28 Vill – Manglej, Ta – Karjan Di – Vadodara 391243, Gujarat, India – 391243.
As per the financials filed for FY 2024, the company reported a revenue of ₹22.53 Cr, a growth of 40% compared to the previous year.
The company has a workforce of approximately 122 employees as per the latest available data. Its group structure includes 2 subsidiaries.
The company is associated with 2 brands - Mercury Metals, Mercury Ev. As per MCA filings, the company has open charges of ₹65.23 Cr and satisfied charges of ₹19.44 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mercuryevtech.com.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media**************
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Registered AddressBlock No. 28 Vill – Manglej, Ta – Karjan Di – Vadodara 391243, Gujarat, India – 391243
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IndustryMetals and Minerals, Metal Retail & Distribution
- 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 Mercury Ev-Tech Limited
Mercury Ev-Tech Limited has undergone 2 name changes throughout its history. The company was previously known as Mercury Metals Private Limited, and Mercury Metals Limited. The current legal name is Mercury Ev-Tech Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Mercury Ev-Tech Limited | Current |
| Mercury Metals Private Limited | Previous |
| Mercury Metals Limited | Previous |
CIN History of Mercury Ev-Tech Limited
Mercury Ev-Tech Limited has one previous CIN (Corporate Identification Number): U27109GJ1986PLC008770. The current CIN is L27109GJ1986PLC008770, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L27109GJ1986PLC008770 | Current |
| U27109GJ1986PLC008770 | Previous |
Associated Brands with Mercury Ev-Tech Limited
Mercury Ev-Tech Limited operates two associated brands: Mercury Metals and Mercury EV. These brands represent Mercury Ev-Tech Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Trading in ferrous and non-ferrous metals is conducted. | mercurymetals.in | |
| Provider of electric vehicle solutions | mercuryevtech.com |
Competitors & Alternatives of Mercury Ev-Tech Limited
Brands and companies operating in the same space as Mercury Ev-Tech Limited include Fisker, Tesla, Greaves Electric Mobility and 4 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Fisker
|
Electric vehicles are manufactured and leased by Fisker Inc. | Los Angeles, United States, United States | 2007 |
Tesla
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Electric vehicles and solar energy products are manufactured. | Austin, United States, United States | 2003 |
Greaves Electric Mobility
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Manufacturer of electric two and three-wheelers for personal and commercial use | Bengaluru, India, India | 2008 |
PURE EV
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Lithium-based energy storage products and electric vehicles are manufactured. | Hyderabad, India, India | 2015 |
Motovolt
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Electric bicycles with advanced features are developed by Motovolt. | Kolkata, India, India | 2019 |
BAIC New Energy
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Electric vehicles are developed and engineered in Beijing, China. | Beijing, China, China | 2009 |
BNC Motors
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Electric two-wheelers with removable batteries and hub motors are manufactured. | Coimbatore, India, India | 2020 |
Business Activity of Mercury Ev-Tech Limited
Mercury Ev-Tech Limited is engaged in the principal business activity of manufacturing, with detailed activities including motor vehicles, trailers, semi trailers and other transport vehicles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles | ********* |
Auditor Details of Mercury Ev-Tech Limited
Mercury Ev-Tech Limited is audited by M. SAHU & CO. for the financial year 2024. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M. SAHU & CO. | blur-value | blur-value | blur-value |
Board of Directors of Mercury Ev-Tech Limited
Mercury Ev-Tech Limited is currently managed by 8 directors, with 24 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Lalit Vitthal Waankhede
Also directs:
Srbh Apc Techno Private Limited, Srbh Motors Private Limited
|
Director | 25 Jan 2024 | 2 Years 5 Months | Current |
| Dinesh Kumar Sinha | Director | 26 Oct 2023 | 2 Years 8 Months | Current |
|
Jayesh Raichandbhai Thakkar
Also directs:
Evexia Lifecare Limited, Kavit Edible Oil Limited, Dc2 Mercury Cars Private Limited and 5 more
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Director | 07 Nov 2024 | 1 Years 8 Months | Current |
| Darshankumar Jitendra Shah | Director | 03 Oct 2022 | 3 Years 9 Months | Current |
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Sachin Shivaji Wagh
Also directs:
Yogi Limited
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Director | 25 Jan 2024 | 2 Years 5 Months | Current |
|
Riya Vinodbhai Sharma
Also directs:
Traclaxx Tractors Private Limited
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Additional Director | 24 Jul 2025 | 0 Years 11 Months | Current |
Financials of Mercury Ev-Tech Limited FY 2025 filings available
Mercury Ev-Tech Limited reported revenue of ₹22.53 Cr (up 40% YoY) for FY 2024. Profit growth despite declining revenue indicates effective cost management and margin discipline.
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Consolidated Statements
Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.
Shareholding Pattern of Mercury Ev-Tech Limited
As of FY 2024, Mercury Ev-Tech Limited's shareholding pattern shows 62.10% by promoters, 30.17% by public shareholders, 7.72% by others. The promoters hold a majority stake, indicating strong promoter control.
| Year | 2025 |
|---|---|
| Promoters | 33.19% |
| DII | 23.22% |
| FII | 18.28% |
| Public | 22.89% |
| Others | 2.42% |
Group Structure of Mercury Ev-Tech Limited
Mercury Ev-Tech Limited has 2 subsidiary companies. This group structure data is as of FY 2024. The corporate group structure reflects Mercury Ev-Tech Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Powermetz Energy Private Limited | U31900GJ2022PTC134613 |
**.**%
|
| Ev Nest Private Limited | U45209GJ2015PTC083192 |
**.**%
|
Showing major subsidiaries. Total: 2.
Charges & Borrowings of Mercury Ev-Tech Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Jan 2026 | Bank of India | ₹24.5 Cr | Open |
| 20 Jan 2026 | Bank of India | ₹24.5 Cr | Open |
| 30 Jan 2025 | Others | ₹78.16 Lakh | Open |
| 27 Mar 2023 | Others | ₹15.44 Cr | Open |
| 23 Mar 2023 | Others | ₹15.44 Cr | Satisfied |
Total charge records: 7 View all charges
Employees and EPFO Compliance at Mercury Ev-Tech Limited
Mercury Ev-Tech Limited has a workforce of 122 employees as of Dec 04, 2025.
Employee Count & EPFO Data of Mercury Ev-Tech Limited
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GST Compliance of Mercury Ev-Tech Limited
GSTIN & GST Filing Data of Mercury Ev-Tech Limited
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Credit Ratings, Litigation & Regulatory Alerts for Mercury Ev-Tech Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Mercury Ev-Tech Limited
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MSME Payment Delays by Mercury Ev-Tech Limited
MSME Payment Delays by Mercury Ev-Tech Limited
Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.
Subsidiaries & Group Companies of Mercury Ev-Tech Limited
Subsidiaries & Group Companies of Mercury Ev-Tech Limited
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MCA Filings & Documents of Mercury Ev-Tech Limited
MCA Filings & Documents of Mercury Ev-Tech Limited
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Recent Activity on Mercury Ev-Tech Limited
Frequently Asked Questions about Mercury Ev-Tech Limited
Mercury Ev-Tech Limited is an active public limited company in the metals and minerals sector based in Karjan, Gujarat, India. It was incorporated on 04 July 1986 (40+ years old) and is registered under CIN L27109GJ1986PLC008770. Listed on BSE: 531357. The company has 122 employees.
Mercury Ev-Tech Limited reported revenue of ₹22.53 Cr for FY 2024 (up 40.00% YoY).
The current directors of Mercury Ev-Tech Limited are:
- Lalit Vitthal Waankhede
- Dinesh Kumar Sinha
- Jayesh Raichandbhai Thakkar
- Darshankumar Jitendra Shah
- Sachin Shivaji Wagh
- Dhruv Deepak Yardi
- Riya Vinodbhai Sharma
- Krishna Tejashkumar Naik
The primary industry of Mercury Ev-Tech Limited is metals and minerals. The company specifically operates in metal retail and distribution. The company is currently active in this sector.
Yes. Mercury Ev-Tech Limited is listed on BSE with code 531357.
Mercury Ev-Tech Limited can be reached at the registered office: Block No. 28 Vill – Manglej, Ta – Karjan Di – Vadodara 391243, Gujarat, India – 391243, or through the website mercuryevtech.com.