- Udyam number
- UDYAM-TN-20-0070733

About Mercurysteels Private Limited
Data last updated:
Mercurysteels Private Limited is a private limited company based in Salem, Tamil Nadu, India. It operates in the construction materials distribution segment of the metals and mining sector. It was incorporated on 06 July 2022.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U27310TZ2022PTC039382. Its GSTIN is 33AAPCM9621H1Z7 (Tamil Nadu).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors including Palanisamy Mahalingam (Managing Director) and Mohammed Farooq Safi Mohamed (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Salem, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹290.13 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹4.89 Cr (net margin 1.7%) and EBITDA of ₹9.4 Cr (EBITDA margin 3.2%).
The company has about 52 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹64.62 Cr on record.
Mercurysteels Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-TN-20-0070733). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mercurysteels.com.
Company details
Recognitions & Rankings of Mercurysteels
Contact details
Mercurysteels Private Limited's registered office is in Salem, Tamil Nadu. Its website is mercurysteels.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address319/3 Thiruvagoundanur Bye Pass Bangalore Main Road East Thiruvagoundan, Ur, Salem, Tamil Nadu, India – 636005
- IndustryMetals and Minerals, Construction Materials Retail & Distribution, Metal Retail & Distribution
To see the full contact details of Mercurysteels 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
Business activity
The main business activity of Mercurysteels is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Mercurysteels Private Limited, buy the company report.
Financials of Mercurysteels Private Limited
FY 2025 filings availableMercurysteels Private Limited reported revenue of ₹290.13 Cr (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 5% in the latest year. EBITDA fell 17% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
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| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹9.4 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹4.89 Cr | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
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| Inventories | |||
| Trade Receivables | |||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 3.2% | ||
| Net Profit Margin | 1.7% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
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| Receivable Days | |||
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| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Mercurysteels Private Limited, buy the company report.
Board of directors of Mercurysteels Private Limited
Mercurysteels has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohammed Farooq Safi Mohamed Also directs: Mercury Steels and Pipes Private Limited, Aiswaryam Steels Private Limited, Aiswaryam Pipes and Tubes Private Limited and 2 more | Whole-Time Director | 06 Jul 2022 | 4 Years 3 Months | Current |
| Palanisamy Mahalingam Also directs: Mercury Steels and Pipes Private Limited, Mercury Steel World LLP | Managing Director | 06 Jul 2022 | 4 Years 3 Months | Current |
| Jiyavudeen Mohamed Elias Also directs: Mercury Steels and Pipes Private Limited | Whole-Time Director | 06 Jul 2022 | 4 Years 3 Months | Current |
Peer comparison
Mercurysteels Private Limited is compared with the 8 companies closest to it by revenue in the Metals and Minerals industry (Construction Materials Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gupta Prime Ispat Private Limited | ₹294.94 Cr (FY 2025) | 4.0% | Jaipur, Rajasthan, India | |||
| Jai Vikas Steel Corporation Private Limited | ₹294.89 Cr (FY 2025) | -10.0% | Ahmedabad, Gujarat, India | |||
| TPV Sales Limited | ₹294.1 Cr (FY 2025) | 10.0% | New Panvel, Maharashtra, India | |||
| Lixil India Private Limited | ₹290.38 Cr (FY 2025) | 15.0% | Haryana, India | |||
| Mercurysteels Private Limitedthis company | ₹290.13 Cr (FY 2025) | ₹4.89 Cr | 1.7% | 5.0% | 52 | Salem, Tamil Nadu, India |
| Khan Steel Centre Private Limited | ₹284.05 Cr (FY 2025) | 0.0% | Nagpur, Maharashtra, India | |||
| Mohashakti Forging Private Limited | ₹283.56 Cr (FY 2025) | 475.0% | Bhubaneswar, Odisha, India | |||
| Sucon India Limited | ₹279.39 Cr (FY 2016) | -73.0% | Faridabad, Haryana, India | |||
| Shankh Trading Private Limited | ₹274.18 Cr (FY 2024) | 656.0% | Lucknow, Uttar Pradesh, India |
To see the full peer comparison of Mercurysteels Private Limited, buy the company report.
Shareholding
The shareholding of Mercurysteels Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Mercurysteels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Mar 2025 | 101078880 | State Bank of India | ₹35 Cr | Open | |
| 12 Aug 2024 | 100970943 | Others | ₹40 Lakh | Open | |
| 31 Jan 2023 | 100681862 | State Bank of India | ₹29.22 Cr | Open |
To see the full charge records of Mercurysteels Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Mercurysteels Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Mercurysteels Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2022, listing 6 overdue payments to 3 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Sonal Vyapar Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Mercurysteels Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Mercurysteels Private Limited has a workforce of 52 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Mercurysteels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAPCM9621H1Z7 | Tamil Nadu | Active | 12 Aug 2022 |
To see the full GST registrations and return filing status of Mercurysteels Private Limited, buy the company report.
Recent activity
Mercurysteels Private Limited has 3 board changes on record since 2022: 3 appointments. The latest: Jiyavudeen Mohamed Elias was appointed as Whole-Time Director on 06 Jul 2022.
Frequently asked questions
Mercurysteels is an active private limited company based in Salem, Tamil Nadu, India. The company works in construction materials retail and distribution, within the metals and minerals industry. It was incorporated on 06 July 2022 (4+ years old) and is registered under CIN U27310TZ2022PTC039382.
Mercurysteels has 3 current directors:
- Palanisamy Mahalingam - Managing Director
- Mohammed Farooq Safi Mohamed - Whole-Time Director
- Jiyavudeen Mohamed Elias - Whole-Time Director
The latest financial statements of Mercurysteels on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2023 are in the company report.
The GSTIN of Mercurysteels is 33AAPCM9621H1Z7, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Mercurysteels is U27310TZ2022PTC039382. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mercurysteels was incorporated on 06 July 2022, making it 4+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Mercurysteels by revenue are Gupta Prime Ispat Private Limited, Jai Vikas Steel Corporation Private Limited, TPV Sales Limited, Lixil India Private Limited, Khan Steel Centre Private Limited and 3 more, all in the Metals and Minerals industry (Construction Materials Retail and Distribution), with the same principal business activity (wholesale trading).
Jiyavudeen Mohamed Elias was appointed as Whole-Time Director on 06 Jul 2022. Mohammed Farooq Safi Mohamed was appointed as Whole-Time Director on 06 Jul 2022. Palanisamy Mahalingam was appointed as Managing Director on 06 Jul 2022.
Yes, Mercurysteels is registered as an MSME under Udyam registration (number: UDYAM-TN-20-0070733).
Mercurysteels has 2 MSME Form 1 returns on record for the period ending Sep 2022, listing 6 overdue payments to 3 micro and small suppliers. The latest return was filed on 10 Sep 2023.
Mercurysteels can be reached through the website mercurysteels.com. Its registered office is in Salem, Tamil Nadu, India.
The registered office of Mercurysteels is at 3193 Thiruvagoundanur Bye Pass Bangalore Main Road East Thiruvagoundan, Ur, Salem, Tamil Nadu, India – 636005.

