About Mercury Ev-Tech Limited
Data last updated:
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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- Website
- Social MediaLocked
- Registered AddressBlock No. 28 Vill – Manglej, Ta – Karjan Di – Vadodara 391243, Gujarat, India – 391243
- 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
Mercury Ev-Tech 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.
| Company Name | Status |
|---|---|
| Mercury Ev-Tech Limited | Current |
| Mercury Metals Private Limited | Previous |
| Mercury Metals Limited | Previous |
CIN History of Mercury Ev-Tech
Mercury Ev-Tech 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
Mercury Ev-Tech operates two associated brands: Mercury Metals and Mercury EV. Each brand links to its own profile.
| 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
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 | Electric vehicles and solar energy products are manufactured. | Austin, United States, United States | 2003 |
 Greaves Electric Mobility | Manufacturer of electric two and three-wheelers for personal and commercial use | Bengaluru, India, India | 2008 |
 PURE EV | Lithium-based energy storage products and electric vehicles are manufactured. | Hyderabad, India, India | 2015 |
 Motovolt | Electric bicycles with advanced features are developed by Motovolt. | Kolkata, India, India | 2019 |
 BAIC New Energy | Electric vehicles are developed and engineered in Beijing, China. | Beijing, China, China | 2009 |
 BNC Motors | Electric two-wheelers with removable batteries and hub motors are manufactured. | Coimbatore, India, India | 2020 |
Business Activity of Mercury Ev-Tech
The main business activity of Mercury Ev-Tech is manufacturing. In detail, this covers 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 | Locked |
Business activity turnover details for Mercury Ev-Tech Limited
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Mercury Ev-Tech
Mercury Ev-Tech Limited is audited by M. SAHU & CO. for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M. SAHU & CO. | Locked | Locked | Locked |
Complete auditor history for Mercury Ev-Tech Limited
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors and KMP of Mercury Ev-Tech Limited
Mercury Ev-Tech Limited currently reports 8 directors and 1 key managerial person. 17 former directors have served the organization.
| 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 8 Months | Current |
| Dinesh Kumar Sinha | Director | 26 Oct 2023 | 2 Years 11 Months | Current |
| Jayesh Raichandbhai Thakkar Also directs: Evexia Lifecare Limited, Kavit Edible Oil Limited, Dc2 Mercury Cars Private Limited and 5 more | Managing Director | 07 Nov 2024 | 1 Years 10 Months | Current |
| Darshankumar Jitendra Shah | Director | 03 Oct 2022 | 4 Years 0 Months | Current |
| Sachin Shivaji Wagh Also directs: Yogi Limited | Director | 25 Jan 2024 | 2 Years 8 Months | Current |
| Ajay Ramkrishna Shukla | Director | 13 Aug 2024 | 2 Years 1 Months | Current |
Financials of Mercury Ev-Tech Limited FY 2025 filings available
Mercury Ev-Tech Limited reported revenue of ₹22.53 Cr (up 40.00% YoY) for FY 2024.
Ten-year financial statements for Mercury Ev-Tech Limited
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Mercury Ev-Tech
Shareholding and ownership data for Mercury Ev-Tech Limited
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Group Structure of Mercury Ev-Tech Limited
Mercury Ev-Tech has 2 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Powermetz Energy Private Limited | U31900GJ2022PTC134613 | Locked |
| Ev Nest Private Limited | U45209GJ2015PTC083192 | Locked |
Showing major subsidiaries. Total: 2.
Charges & Borrowings of Mercury Ev-Tech
| 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
Mercury Ev-Tech Limited has a workforce of 122 employees as of Dec 04, 2025.
Employee and EPFO history for Mercury Ev-Tech Limited
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Mercury Ev-Tech
GST registrations and filing compliance for Mercury Ev-Tech Limited
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Mercury Ev-Tech
Credit ratings, litigation, and regulatory alerts for Mercury Ev-Tech Limited
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Mercury Ev-Tech
MSME payment history for Mercury Ev-Tech Limited
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Mercury Ev-Tech
Corporate group structure for Mercury Ev-Tech Limited
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Mercury Ev-Tech
MCA filings and documents for Mercury Ev-Tech Limited
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Mercury Ev-Tech
Frequently Asked Questions about Mercury Ev-Tech Limited
Mercury Ev-Tech 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 reported revenue of ₹22.53 Cr for FY 2024 (up 40.00% YoY).
The current directors and KMP of Mercury Ev-Tech are:
- Lalit Vitthal Waankhede - Director
- Dinesh Kumar Sinha - Director
- Jayesh Raichandbhai Thakkar - Managing Director
- Darshankumar Jitendra Shah - Director
- Sachin Shivaji Wagh - Director
- Ajay Ramkrishna Shukla - Director
- Manshi Jain - Director
- Dhruv Deepak Yardi - Cfo
- Riya Vinodbhai Sharma - Director
The primary industry of Mercury Ev-Tech 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 is listed on BSE with code 531357.
Mercury Ev-Tech 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.