Mercury Ev-Tech Limited - Company Profile

Q: Who are the current directors of Mercury Ev-Tech Limited?

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.

It is a metals and minerals public limited company based in Karjan, Gujarat, India, established in 1986.

1986 Karjan, Gujarat, India Active

Last Updated: March 07, 2026

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About Mercury Ev-Tech Limited

Mercury Ev-Tech Limited, a active public limited company, was established on 04 July 1986 in Karjan, Gujarat, India. Engaging in metal retail & distribution within the manufacturing sector, it holds CIN: L27109GJ1986PLC008770. Registered under ROC Roc Ahmedabad. it is listed on BSE: 531357. It has an authorized capital of ₹48.01 Cr and a paid-up capital of ₹19.00 Cr.

Formerly known as Mercury Metals Private Limited, Mercury Metals Limited. It upholds a compliant status. In 2024, it reported revenue of ₹19.68 Cr and a net worth of ₹80.44 Cr. Employing 122 professional, Its leadership includes Lalit Vitthal Waankhede (Director), Dinesh Kumar Sinha (Director), Jayesh Raichandbhai Thakkar (Director). Past directors included Harit Gopalbhai Shah, Dinesh Kumar Sinha, Jayesh Raichandbhai Thakkar. It holds ₹65.23 Cr open charges and ₹19.44 Cr settled loans. Its latest AGM occurred on 15 December 2025, with the balance sheet filed on 31 March 2025. It is based at Block No. 28, Vill-Manglej,, Ta-Karjan, Di-Vadodara, 391243, Karjan, Gujarat, 391243.

Company Details

CIN/LLPIN
L27109GJ1986PLC008770
Registration Number
008770
Incorporation Date
04 July 1986
Authorized Capital
₹48.01 Cr
Paid-Up Capital
₹19.00 Cr
ROC Code
Roc Ahmedabad
Listing Status
Listed (BSE: 531357)
Company Status
Active

Key Metrics

Authorised Capital ₹ 48.01 Cr as on 07-03-2026
Paid Up Capital ₹ 19.00 Cr as on 07-03-2026
Company Age 40 Year,
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 65.23 Cr as on 07-03-2026
Satisfied Charges ₹ 19.44 Cr as on 07-03-2026
Revenue Growth **** 46.26% (FY 2024)
Profit Growth **** 149.16% (FY 2024)
Ebitda **** 170.29% (FY 2024)
Net Worth 62.04% (FY 2024)
Total Assets **** 53.30% (FY 2024)

Comprehensive Company Insights

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

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Who are the key members and board of directors at Mercury Ev-Tech Limited?

Current Directors

Name	Designation	Appointment Date	Status
Lalit Vitthal Waankhede	Director	25 Jan 2024	Current
Dinesh Kumar Sinha	Director	26 Oct 2023	Current
Jayesh Raichandbhai Thakkar	Director	07 Nov 2024	Current
Darshankumar Jitendra Shah	Director	03 Oct 2022	Current
Sachin Shivaji Wagh	Director	25 Jan 2024	Current
Riya Vinodbhai Sharma	Additional Director	24 Jul 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	03 Oct 2022	Past
Pramod Abcsdd	Additional Director	24 Jan 2024	Past
Pramod Abcsdd	Director	27 Jun 2022	Past
Pramod Abcsdd	Company Secretary	-	Past
Pramod Abcsdd	Director	02 Mar 2022	Past
Pramod Abcsdd	Managing Director	29 May 2022	Past

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Financial Performance of Mercury Ev-Tech.

Mercury Ev-Tech Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 46.26% increase. The company also saw a substantial improvement in profitability, with a 149.16% increase in profit. The company's net worth Soared by an impressive increase of 62.04%.

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

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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

********

46.26%

*******

Revenue from Operations

*******

42.96%

*******

Total Assets

*******

53.30%

*******

Profit or Loss

*******

149.16%

*******

Net Worth

*******

62.04%

*******

EBITDA

*******

170.29%

*******

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What is the Ownership and Shareholding Structure of Mercury Ev-Tech?

In 2024, Mercury Ev-Tech had a promoter holding of 62.10% and a public holding of 37.89%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

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

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Charges (Loans)

Open Charges

₹652,250,063.00

Satisfied Charges

₹194,434,000.00

Charges Breakdown by Lending Institutions

Bank Of India : 49.00 Cr
Others : 16.23 Cr

Latest Charge Details

Date	Lender	Amount	Status
21 Jan 2026	Bank Of India	₹24.50 Cr	Open
20 Jan 2026	Bank Of India	₹24.50 Cr	Open
30 Jan 2025	Others	₹7.82 M	Open
27 Mar 2023	Others	₹15.44 Cr	Open
23 Mar 2023	Others	₹15.44 Cr	Satisfied

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How Many Employees Work at Mercury Ev-Tech?

Mercury Ev-Tech has a workforce of 122 employees as of Dec 04, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Mercury Ev-Tech, 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 Ev-Tech's trajectory.

Rating

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

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.

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Latest Updates, News, and FAQs on Mercury Ev-Tech

Recent Activity within the Organization

Charges

The activity A charge with Bank Of India amounted to Rs. 24.50 Cr with Charge ID 101234436 was registered on 21 Jan 2026. was completed.
21 Jan 2026
Charges

A charge with Bank Of India amounted to Rs. 24.50 Cr with Charge ID 101234489 was registered on 20 Jan 2026. was recorded as a recent event.
20 Jan 2026
Director Appointment

Krishna Tejashkumar Naik was appointed as a Company Secretary was appointed as a Company Secretary on 20 Dec 2025 & has been associated with this company since 6 months 15 days . was recorded as a recent event.
20 Dec 2025
Annual General Meeting

Mercury Ev-Tech Limited last Annual general meeting of members was held on 15 Dec 2025 as per latest MCA records. was recorded as a recent event.
15 Dec 2025
Director Appointment

Progress on Riya Vinodbhai Sharma was appointed as a Additional Director was appointed as a Additional Director on 24 Jul 2025 & has been associated with this company since 11 months 11 days . was documented.
24 Jul 2025
Balance Sheet

Mercury Ev-Tech Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was recorded as a recent event.
31 Mar 2025

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