Mercury Wealth Management Private Limited - Company Profile

It is a information technology private limited company based in Mumbai, Maharashtra, India, established in 2017.
2017 Mumbai, Maharashtra, India Under Liquidation
Last Updated:
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About Mercury Wealth Management Private Limited

Mercury Wealth Management Private Limited, a under liquidation private limited company, was established on 12 December 2017 in Mumbai, Maharashtra, India. Engaging in application development & software solutions within the information and communication sector, it holds CIN: U74999MH2017PTC302806. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹1.50 Cr and a paid-up capital of ₹1.46 Cr.

Formerly known as Integrated Platform For Research & It Services Management Private Limited, Iprism Fintech Private Limited. It upholds a compliant status. Its leadership includes Vakati Balasubramanyam Reddy (Irp/Rp/Liquidator), Aakash Bansal Kishan (Director), Dharmesh Shantilal Desai (Director). Past directors included Shekhar Shriram Potnis, Saurabh Sonthalia, Subodh Kailaschand Shah. Its latest AGM occurred on 25 September 2024, with the balance sheet filed on 31 March 2024. It is based at 8/63,Anand Nagar Sahyog Chs Ltd.Service Service Road, Santacruz (East), Mumbai, Maharashtra, 400055.

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

    +91-XXXXXXXXXX

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

Company Details

  • CIN/LLPIN

    U74999MH2017PTC302806

  • Registration Number

    302806

  • Incorporation Date

    12 December 2017

  • Authorized Capital

    ₹1.50 Cr

  • Paid-Up Capital

    ₹1.46 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Under Liquidation

Key Metrics
  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.46 Cr
  • Company Age 8 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth **** -15.23%
  • Profit Growth **** 2.64%
  • Ebitda **** 87.39%
  • Net Worth 1.74%
  • Total Assets **** 0.94%
Company report

Mercury Wealth Management Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Mercury Wealth Management Private 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 Wealth Management Private Limited?
Current Directors
Name Designation Appointment Date Status
Vakati Balasubramanyam Reddy Irp/Rp/Liquidator 24 Oct 2024 Current
Aakash Bansal Kishan Director 21 Jan 2021 Current
Dharmesh Shantilal Desai Director 12 Dec 2017 Current
Anil Desai Director 12 Dec 2017 Current
Rajesh Paresh Soni Director 21 Jan 2021 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 30 Apr 2019 Past
Pramod Abcsdd Director 13 Jun 2019 Past
Pramod Abcsdd Director 19 Jul 2019 Past
Pramod Abcsdd Director 30 Apr 2019 Past
Pramod Abcsdd Director 30 Apr 2019 Past

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Financial Performance of Mercury Wealth Management.

Mercury Wealth Management Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 15.23% decrease. The company also saw a slight improvement in profitability, with a 2.64% increase in profit. The company's net worth moved up by a moderate rise of 1.74%.

Mercury Wealth Management revenue growth over time
Mercury Wealth Management 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
********
 -15.23%
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*******
*******
*******
Revenue from Operations
*******
 -100.00%
*******
*******
*******
*******
Total Assets
*******
 0.94%
*******
*******
*******
*******
Profit or Loss
*******
 2.64%
*******
*******
*******
*******
Net Worth
*******
 1.74%
*******
*******
*******
*******
EBITDA
*******
 87.39%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Mercury Wealth Management?

In 2023, Mercury Wealth Management had a public holding of 51.27%. 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

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How Many Employees Work at Mercury Wealth Management?

Unlock and access historical data on people associated with Mercury Wealth Management, 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 Wealth Management, 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 Wealth Management's trajectory.

Rating
Graph displaying rating trends over time

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Alerts
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Latest Updates, News, and FAQs on Mercury Wealth Management
Recent Activity within the Organization
  • Director Appointment

    Progress on Vakati Balasubramanyam Reddy was appointed as a IRP/RP/Liquidator was appointed as a IRP/RP/Liquidator on 24 Oct 2024 & has been associated with this company since 1 year 3 months . was documented.

  • Annual General Meeting

    The activity Mercury Wealth Management Private Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    Mercury Wealth Management Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was recorded as a recent event.

  • Director Appointment

    The activity Aakash Bansal Kishan was appointed as a Director was appointed as a Director on 21 Jan 2021 & has been associated with this company since 5 years 25 days . was completed.

  • Director Appointment

    Rajesh Paresh Soni was appointed as a Director was appointed as a Director on 21 Jan 2021 & has been associated with this company since 5 years 25 days . was recorded as a recent event.

  • Director Appointment

    Dharmesh Shantilal Desai was appointed as a Director was appointed as a Director on 12 Dec 2017 & has been associated with this company since 8 years 2 months . was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Mercury Wealth Management Private Limited?

The CIN of Mercury Wealth Management Private Limited is U74999MH2017PTC302806.

Where is Mercury Wealth Management Private Limited headquartered?

Mercury Wealth Management Private Limited is headquartered at 8/63,Anand Nagar Sahyog Chs Ltd.Service Service Road, Santacruz (East), Mumbai, Maharashtra, 400055.

When was Mercury Wealth Management Private Limited incorporated?

Mercury Wealth Management Private Limited was incorporated on 12 December 2017.

Who are the current directors of Mercury Wealth Management Private Limited?

The current directors of Mercury Wealth Management Private Limited are

What is the primary industry of Mercury Wealth Management Private Limited?

The primary industry of Mercury Wealth Management Private Limited is Information And Communication.

Is Mercury Wealth Management Private Limited a listed company?

Mercury Wealth Management Private Limited is unlisted.

What is the capital structure of Mercury Wealth Management Private Limited?

The authorized capital of Mercury Wealth Management Private Limited is ₹1.50 Cr, and the paid-up capital is ₹1.46 Cr.

What is the compliance status of Mercury Wealth Management Private Limited?

The compliance status of Mercury Wealth Management Private Limited is Compliant.

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