About Mercuryminds Technologies Private Limited
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Mercuryminds Technologies Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 16 September 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72300TN2008PTC069287. Its GSTIN is 33AAFCM8931Q1ZV (Tamil Nadu).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by director Sankaralingam Vasantha.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 14/21 Desikar Street Vadapalani, Chennai, Tamil Nadu, India – 600026.
As per the financials filed for FY 2017, the company reported a revenue of ₹46.7 Lakh, a decline of 26% compared to the previous year. For the same year it recorded a net profit of ₹2.18 Lakh (net margin 4.7%) and EBITDA of ₹18.1 Lakh (EBITDA margin 38.8%). Revenue has declined at a compounded annual rate (CAGR) of 38% over three years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹57.5 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mercuryminds.com.
Company details
Contact details
Mercuryminds Technologies Private Limited's registered office is in Chennai, Tamil Nadu. Its website is mercuryminds.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address14/21 Desikar Street Vadapalani, Chennai, Tamil Nadu, India – 600026
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Mercuryminds Technologies Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Mercuryminds Technologies Private Limited
FY 2022 filings availableMercuryminds Technologies Private Limited reported revenue of ₹46.7 Lakh (down 26% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 38% over three years, including a 26% fall in the latest year. EBITDA fell 41% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹46.7 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹18.1 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹2.18 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 38.8% | ||
| Net Profit Margin | 4.7% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Mercuryminds Technologies Private Limited, buy the company report.
Board of directors of Mercuryminds Technologies Private Limited
Mercuryminds Technologies has 1 current director and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sankaralingam Vasantha | Director | 16 Sep 2008 | 18 Years 1 Months | Current |
Shareholding
The shareholding of Mercuryminds Technologies Private Limited is on record for FY 2017, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Mercuryminds Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Oct 2012 | 10384764 | Dena Bank | ₹57.5 Lakh | Open |
To see the full charge records of Mercuryminds Technologies Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Mercuryminds Technologies Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases s) | Filed against the company by Edelweiss Housing Fin. Ltd. | Disposed |
To see the full case history of Mercuryminds Technologies Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mercuryminds Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mercuryminds Technologies Private Limited has a workforce of 1 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Mercuryminds Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCM8931Q1ZV | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mercuryminds Technologies Private Limited, buy the company report.
Recent activity
Mercuryminds Technologies Private Limited has 4 board changes on record since 2008: 1 appointment and 3 cessations. The latest: Eswaran Muthappa ceased to be Additional Director on 01 Apr 2023.
Frequently asked questions
Mercuryminds Technologies is an active private limited company based in Chennai, Tamil Nadu, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 16 September 2008 (18+ years old) and is registered under CIN U72300TN2008PTC069287.
Mercuryminds Technologies has 1 current director:
- Sankaralingam Vasantha - Director
The latest financial statements of Mercuryminds Technologies on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Mercuryminds Technologies is 33AAFCM8931Q1ZV, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Mercuryminds Technologies is U72300TN2008PTC069287. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mercuryminds Technologies has 1 court case on record: 1 filed against it.
Mercuryminds Technologies was incorporated on 16 September 2008, making it 18+ years old. It is registered with the Registrar of Companies, Chennai.
Eswaran Muthappa ceased to be Additional Director on 01 Apr 2023. Mayandi Nadar Sankaralingam ceased to be Director on 17 Jun 2020. Sankaralingam Rajaram ceased to be Managing Director on 24 Apr 2019. Mercuryminds Technologies has 4 board changes on record in total.
Mercuryminds Technologies can be reached through the website mercuryminds.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Mercuryminds Technologies is at 1421 Desikar Street Vadapalani, Chennai, Tamil Nadu, India – 600026.