About Mysore Mercantile Company Limited
Data last updated: 08 December 2025
Mysore Mercantile Company Limited is a public limited company based in Bangalore, Karnataka, India. It specialises in equipment leasing and financing, a part of the broader financial services sector. Incorporated on 01 March 2000, the company has been in operation for over 26 years.
Registered with ROC Bangalore under CIN U51229KA2000PLC026500.
Capital: an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.96 Cr. It is led by directors including Rakesh Gopal Shetty and Vsuresh Kumar Reddy Kapu.
Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹347.18 Cr, a decline of 35% compared to the previous year.
Its group structure includes 3 subsidiaries.
As per MCA filings, the company has open charges of ₹38.03 Cr and satisfied charges of ₹438.62 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 mmclindia.co.in.
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Registered AddressMysore Mercantile House #46 3 & 4 Floor 36Th Cross (Between 20Th&22Nd Main) Jayanagar 4Th, T Block, Bangalore, Karnataka, India – 560041
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IndustryFinancial Services, Equipment Leasing & Financing
- 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
Business Activity of Mysore Mercantile Company Limited
Mysore Mercantile Company Limited is engaged in multiple principal business activities such as electricity, gas, steam and air condition supply, trade, and professional, scientific and technical, with detailed activities including electric power generation, transmission and distribution, wholesale trading, other professional, scientific and technical activities. The company has 3 registered principal business activity segments, demonstrating its operational diversity and market reach.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution | Locked |
| G | Trade | G1 | Wholesale Trading | Locked |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details for Mysore Mercantile Company Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
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Auditor Details of Mysore Mercantile Company Limited
Mysore Mercantile Company Limited is audited by S. RAVEENDRA AND CO for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S. RAVEENDRA AND CO | Locked | Locked | Locked |
Complete auditor history for Mysore Mercantile Company Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
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Board of Directors of Mysore Mercantile Company Limited
Mysore Mercantile Company Limited is currently managed by 8 directors, with 11 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Rakesh Gopal Shetty
Also directs:
Gowrishankara Green Power Private Limited, Mysore Green Co Private Limited, Chikku Energy Private Limited and 1 more
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Director | 28 Mar 2024 | 2 Years 4 Months | Current |
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Vsuresh Kumar Reddy Kapu
Also directs:
Sanatan Green Energies Private Limited, Petasense Technologies Private Limited, Dataeconomy Private Limited and 2 more
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Director | 13 Jan 2025 | 1 Years 7 Months | Current |
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Aaryan Shetty
Also directs:
Gowrishankara Green Power Private Limited, Mysore Green Co Private Limited, Chikku Energy Private Limited and 2 more
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Director | 27 Jul 2022 | 4 Years 0 Months | Current |
| Rohan Srinivasa Shetty | Director | 27 Jul 2022 | 4 Years 0 Months | Current |
| Parameswara Akkili Reddy | Director | 28 Mar 2024 | 2 Years 4 Months | Current |
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Sumana Srinivasa Shetty
Also directs:
Gowrishankara Green Power Private Limited, Mysore Green Co Private Limited, Chikku Energy Private Limited and 2 more
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Director | 01 Mar 2000 | 26 Years 5 Months | Current |
Financials of Mysore Mercantile Company Limited FY 2024 filings available
Mysore Mercantile Company Limited reported revenue of ₹347.18 Cr (down 35.00% YoY) for FY 2024.
Ten-year financial statements for Mysore Mercantile Company Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
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Ownership and Shareholding of Mysore Mercantile Company Limited
Shareholding and ownership data for Mysore Mercantile Company Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
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Group Structure of Mysore Mercantile Company Limited
Mysore Mercantile Company Limited has 3 subsidiary companies. This group structure data is as of FY 2023. The corporate group structure reflects Mysore Mercantile Company Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Mysore Green Co Private Limited | U40104KA2015PTC081822 | Locked |
| Chikku Energy Private Limited | U40300KA2016PTC086951 | Locked |
| Mysore Science And Technology Services Private Limited | U73100KA2015PTC084276 | Locked |
Showing major subsidiaries. Total: 3.
Charges & Borrowings of Mysore Mercantile Company Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Oct 2025 | Others | ₹28 Lakh | Open |
| 16 Jun 2025 | State Bank of India | ₹25 Cr | Open |
| 30 Oct 2024 | Hdfc Bank Limited | ₹11.5 Cr | Open |
| 23 Mar 2009 | Deutsche Postbank Home Finance Limited | ₹1.25 Cr | Open |
| 04 Nov 2023 | State Bank of India | ₹100 Cr | Satisfied |
Total charge records: 15 View all charges
Employees and EPFO Compliance at Mysore Mercantile Company Limited
View historical data on people associated with Mysore Mercantile Company Limited, including employment history and EPFO contributions.
Employee and EPFO history for Mysore Mercantile Company Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
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GST Compliance of Mysore Mercantile Company Limited
GST registrations and filing compliance for Mysore Mercantile Company Limited
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Credit Ratings, Litigation & Regulatory Alerts for Mysore Mercantile Company Limited
Credit ratings, litigation, and regulatory alerts for Mysore Mercantile Company Limited
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- Rating history
- Court and tribunal cases
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MSME Payment Delays by Mysore Mercantile Company Limited
MSME payment history for Mysore Mercantile Company Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
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Subsidiaries & Group Companies of Mysore Mercantile Company Limited
Corporate group structure for Mysore Mercantile Company Limited
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- Subsidiaries and ownership
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MCA Filings & Documents of Mysore Mercantile Company Limited
MCA filings and documents for Mysore Mercantile Company Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
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- Annual returns and statements
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- Complete filing index
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Recent Activity on Mysore Mercantile Company Limited
Frequently Asked Questions about Mysore Mercantile Company Limited
Mysore Mercantile Company Limited is an active public limited company in the financial services sector based in Bangalore, Karnataka, India. It was incorporated on 01 March 2000 (26+ years old) and is registered under CIN U51229KA2000PLC026500.
Mysore Mercantile Company Limited reported revenue of ₹347.18 Cr for FY 2024 (down 35.00% YoY).
The current directors of Mysore Mercantile Company Limited are:
- Rakesh Gopal Shetty - Director
- Vsuresh Kumar Reddy Kapu - Director
- Aaryan Shetty - Director
- Rohan Srinivasa Shetty - Director
- Parameswara Akkili Reddy - Director
- Sumana Srinivasa Shetty - Director
- Bhargav Surisetti - Director
- Halady Srinivasa Shetty - Managing Director
The primary industry of Mysore Mercantile Company Limited is financial services. The company specifically operates in equipment leasing and financing. The company is currently active in this sector.
Mysore Mercantile Company Limited can be reached at the registered office: Mysore Mercantile House #46 3 & 4 Floor 36Th Cross Between 20Th&22Nd Main Jayanagar 4Th, T Block, Bangalore, Karnataka, India – 560041, or through the website mmclindia.co.in.
The authorised capital is ₹2 Cr, and the paid-up capital is ₹1.96 Cr.