Mysore Mercantile Company Limited Company Logo

Mysore Mercantile Company Limited - Company Profile

It is a financial services public limited company based in Bangalore, Karnataka, India, established in 2000.

2000 | Bangalore, Karnataka, India | Active
Last Updated:

About Mysore Mercantile Company Limited

Mysore Mercantile Company Limited, a active public limited company, was established on 01 March 2000 in Bangalore, Karnataka, India. Engaging in equipment leasing & financing within the electricity, gas, steam and air condition supply sector, it holds CIN: U51229KA2000PLC026500. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹2.00 Cr and a paid-up capital of ₹1.96 Cr.

It upholds a compliant status. Its leadership includes Rakesh Gopal Shetty (Director), Vsuresh Kumar Reddy Kapu (Additional Director), Aaryan Shetty (Director). Past directors included Rakesh Gopal Shetty, Raveendra Shridhar Bhat, Varadahalli Thimmappa Sridhara. It holds ₹38.03 Cr open charges and ₹438.62 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Mysore Mercantile House,#46,3 & 4 Floor,36Th Cross (Between 20Th&22Nd Main), Jayanagar 4Th, T Block,, Bangalore, Karnataka, 560041.

Company Details

  • CIN/LLPIN

    U51229KA2000PLC026500

  • Registration Number

    026500

  • Incorporation Date

    01 March 2000

  • Authorized Capital

    ₹2.00 Cr

  • Paid-Up Capital

    ₹1.96 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.96 Cr
  • Company Age 25 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 38.03 Cr
  • Satisfied Charges ₹ 438.62 Cr
  • Revenue Growth 55.03%
  • Profit Growth 165.26%
  • Ebitda 105.49%
  • Net Worth 77.64%
  • Total Assets 35.57%
Company report

Mysore Mercantile Company Limited

Company Report FY 2025-2026

Explore comprehensive insights into Mysore Mercantile Company 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 Mysore Mercantile Company Limited?

Current Directors

NameDesignationAppointment DateStatus
Rakesh Gopal ShettyDirector28 Mar 2024Current
Vsuresh Kumar Reddy KapuAdditional Director13 Jan 2025Current
Aaryan ShettyDirector27 Jul 2022Current
Rohan Srinivasa ShettyDirector27 Jul 2022Current
Sumana Srinivasa ShettyDirector01 Mar 2000Current
Bhargav SurisettiAdditional Director16 May 2025Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector19 Jul 2022Past
Pramod AbcsddWhole-Time Director31 Mar 2013Past
Pramod AbcsddAdditional Director31 Dec 2020Past
Pramod AbcsddAdditional Director29 Sep 2024Past
Pramod AbcsddDirector11 Jun 2018Past
Pramod AbcsddDirector13 Jan 2025Past

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Financial Performance of Mysore Mercantile Company.

Mysore Mercantile Company Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 55.03% increase. The company also saw a substantial improvement in profitability, with a 165.26% increase in profit. The company's net worth Soared by an impressive increase of 77.64%.

Mysore Mercantile Company revenue growth over time
Mysore Mercantile Company profit and loss trends over time
  • 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
55.03%
Revenue from Operations
53.73%
Total Assets
35.57%
Profit or Loss
165.26%
Net Worth
77.64%
EBITDA
105.49%

What is the Ownership and Shareholding Structure of Mysore Mercantile Company?

In 2023, Mysore Mercantile Company had a promoter holding of 100.00%. The company had 3 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹380,300,000.00

Satisfied Charges

₹4,386,219,000.00

Charges Breakdown by Lending Institutions

  • State Bank Of India : 25.00 Cr
  • Hdfc Bank Limited : 11.50 Cr
  • Deutsche Postbank Home Finance Limited : 1.25 Cr
  • Others : 0.28 Cr

Latest Charge Details

DateLenderAmountStatus
31 Oct 2025Others₹2.80 MOpen
16 Jun 2025State Bank Of India₹25.00 CrOpen
30 Oct 2024Hdfc Bank Limited₹11.50 CrOpen
23 Mar 2009Deutsche Postbank Home Finance Limited₹1.25 CrOpen
04 Nov 2023State Bank Of India₹100.00 CrSatisfied

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How Many Employees Work at Mysore Mercantile Company?

Unlock and access historical data on people associated with Mysore Mercantile Company, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Mysore Mercantile Company Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mysore Mercantile Company, 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 Mysore Mercantile Company's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Mysore Mercantile Company

Recent Activity within the Organization

  • Charges

    The activity A charge with Others amounted to Rs. 0.28 Cr with Charge ID 101193125 was registered on 31 Oct 2025. was completed.

  • Charges

    A charge with State Bank Of India amounted to Rs. 25.00 Cr with Charge ID 101119943 was registered on 16 Jun 2025. was recorded as a recent event.

  • Director Appointment

    The activity Bhargav Surisetti was appointed as a Additional Director was appointed as a Additional Director on 16 May 2025 & has been associated with this company since 7 months . was completed.

  • Director Appointment

    The activity Vsuresh Kumar Reddy Kapu was appointed as a Additional Director was appointed as a Additional Director on 13 Jan 2025 & has been associated with this company since 11 months 1 day . was completed.

  • Charges

    Progress on A charge registered on 04 Nov 2023 via Charge ID 100811608 with State Bank Of India was fully satisfied on 09 Jan 2025. was documented.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 11.50 Cr with Charge ID 101012041 was registered on 30 Oct 2024. was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Mysore Mercantile Company Limited?

    The CIN of Mysore Mercantile Company Limited is U51229KA2000PLC026500.

  • Where is Mysore Mercantile Company Limited headquartered?

    Mysore Mercantile Company Limited is headquartered at Mysore Mercantile House,#46,3 & 4 Floor,36Th Cross (Between 20Th&22Nd Main), Jayanagar 4Th, T Block,, Bangalore, Karnataka, 560041.

  • When was Mysore Mercantile Company Limited incorporated?

    Mysore Mercantile Company Limited was incorporated on 01 March 2000.

  • Who are the current directors of Mysore Mercantile Company Limited?

    The current directors of Mysore Mercantile Company Limited are

  • What is the primary industry of Mysore Mercantile Company Limited?

    The primary industry of Mysore Mercantile Company Limited is Electricity, Gas, Steam And Air Condition Supply.

  • Is Mysore Mercantile Company Limited a listed company?

    Mysore Mercantile Company Limited is unlisted.

  • What is the capital structure of Mysore Mercantile Company Limited?

    The authorized capital of Mysore Mercantile Company Limited is ₹2.00 Cr, and the paid-up capital is ₹1.96 Cr.

  • What is the compliance status of Mysore Mercantile Company Limited?

    The compliance status of Mysore Mercantile Company Limited is Compliant.

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