Quest Mercury Intermedia Private Limited
About Quest Mercury Intermedia Private Limited
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Quest Mercury Intermedia Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the advertising and media services segment of the media and publishing sector. It was incorporated on 29 May 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72300MH2012PTC231610. Its GSTIN is 27AAACQ2829C1ZP (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Bhakti Makhaani and Vikkramm Chandirramani.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at B – 906 Oberoi Springs Opp City Mall New Link Road Andheri – West, Mumbai, Maharashtra, India – 400058.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.45 Lakh, a decline of 43% compared to the previous year. For the same year it recorded a net loss of ₹14.16 Lakh and EBITDA of -₹14.03 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 32% over three years and 32% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressB – 906 Oberoi Springs Opp City Mall New Link Road Andheri – West, Mumbai, Maharashtra, India – 400058
- IndustryMedia and Publishing, Advertising Agencies & Media Services, Book & Digital Publishing, Print Media & Publishing
- 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
- One PDF report, delivered after checkout
Business Activity of Quest Mercury Intermedia Private Limited
The main business activity of Quest Mercury Intermedia is professional, scientific and technical activities. In detail, this covers advertising and market research.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 73 | Advertising and market research | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Quest Mercury Intermedia Private Limited FY 2025 filings available
Quest Mercury Intermedia Private Limited reported revenue of ₹1.45 Lakh (down 43% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Quest Mercury Intermedia Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 32% over five years, including a 43% fall in the latest year. EBITDA fell 6% 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 of Quest Mercury Intermedia Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹14.03 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹14.16 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 of Quest Mercury Intermedia Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Quest Mercury Intermedia are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Quest Mercury Intermedia Private Limited
Quest Mercury Intermedia Private Limited is compared with the companies closest to it by revenue in the Media and Publishing industry (Advertising Agencies, Print Media). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Digimark Online Services Private Limited | ₹1.47 Lakh (FY 2025) | •••• | •••• | 29.0% | •••• | Bangalore, Karnataka, India |
| Marketwise Services Private Limited | ₹1.46 Lakh (FY 2024) | •••• | •••• | -99.0% | •••• | Mumbai, Maharashtra, India |
| Campaignkart Adtech Private Limited | ₹1.46 Lakh (FY 2025) | •••• | •••• | -98.0% | •••• | Nawada, Bihar, India |
| Digidesk Media Private Limited | ₹1.45 Lakh (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Iease IT Solutions Private Limited | ₹1.45 Lakh (FY 2025) | •••• | •••• | -95.0% | •••• | Mumbai, Maharashtra, India |
| Quest Mercury Intermedia Private Limited this company | ₹1.45 Lakh (FY 2025) | •••• | •••• | -43.0% | •••• | Mumbai, Maharashtra, India |
| Proceed Digital Private Limited | ₹1.44 Lakh (FY 2024) | •••• | •••• | -82.0% | •••• | Nashik, Maharashtra, India |
| Crescita Technosoft Private Limited | ₹1.44 Lakh (FY 2025) | •••• | •••• | 7.0% | •••• | Kolkata, West Bengal, India |
| Kernel Insights Private Limited | ₹1.43 Lakh (FY 2025) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| National Advertising Services Private Limited | ₹1.41 Lakh (FY 2024) | •••• | •••• | 348.0% | •••• | Mumbai, Maharashtra, India |
| Rd Digital Solution Private Limited | ₹1.41 Lakh (FY 2025) | •••• | •••• | 301.0% | •••• | Nashik, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Quest Mercury Intermedia by revenue in the Media and Publishing industry (Advertising Agencies, Print Media), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Quest Mercury Intermedia Private Limited
Quest Mercury Intermedia Private Limited is audited by V A PANJWANI & CO for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V A PANJWANI & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Quest Mercury Intermedia Private Limited
Quest Mercury Intermedia has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhakti Makhaani | Director | 23 Aug 2023 | 3 Years 1 Months | Current |
| Vikkramm Chandirramani | Director | 29 May 2012 | 14 Years 4 Months | Current |
| Nimmi Mohandeep Chandiramani | Director | 29 May 2012 | 14 Years 4 Months | Current |
Ownership and Shareholding of Quest Mercury Intermedia Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Quest Mercury Intermedia Private Limited
Quest Mercury Intermedia Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Quest Mercury Intermedia Private Limited
Employment history and EPFO contributions of people linked to Quest Mercury Intermedia.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Quest Mercury Intermedia Private Limited
Quest Mercury Intermedia Private Limited has 5 board changes on record since 2012: 3 appointments and 2 cessations. The latest: Bhakti Makhaani ceased to be Additional Director on 29 Sep 2023.
Credit Ratings, Litigation & Regulatory Alerts for Quest Mercury Intermedia Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Quest Mercury Intermedia Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Quest Mercury Intermedia Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Quest Mercury Intermedia Private Limited
Quest Mercury Intermedia has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACQ2829C1ZP | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Quest Mercury Intermedia Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Quest Mercury Intermedia Private Limited
Quest Mercury Intermedia is an active private limited company based in Mumbai, Maharashtra, India. The company works in advertising agencies and media services, within the media and publishing industry. It was incorporated on 29 May 2012 (14+ years old) and is registered under CIN U72300MH2012PTC231610.
Quest Mercury Intermedia reported revenue of ₹1.45 Lakh for FY 2025 (down 43% YoY).
Quest Mercury Intermedia has 3 current directors:
- Bhakti Makhaani - Director
- Vikkramm Chandirramani - Director
- Nimmi Mohandeep Chandiramani - Director
Quest Mercury Intermedia reported a net loss of ₹14.16 Lakh and EBITDA of -₹14.03 Lakh for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Quest Mercury Intermedia is -32% over three years and -32% over five years. In the latest year (FY 2025) revenue fell 43%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Quest Mercury Intermedia is 27AAACQ2829C1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of Quest Mercury Intermedia is U72300MH2012PTC231610. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Quest Mercury Intermedia was incorporated on 29 May 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Quest Mercury Intermedia by revenue are Digimark Online Services Private Limited, Marketwise Services Private Limited, Campaignkart Adtech Private Limited, Digidesk Media Private Limited, Iease IT Solutions Private Limited and 5 more, all in the Media and Publishing industry (Advertising Agencies, Print Media).
Bhakti Makhaani ceased to be Additional Director on 29 Sep 2023. Bhakti Makhaani was appointed as Director on 23 Aug 2023. Mohandeep Kishinchand Chandiramani ceased to be Director on 06 Oct 2017. Quest Mercury Intermedia has 5 board changes on record in total.
The registered office of Quest Mercury Intermedia is at B – 906 Oberoi Springs Opp City Mall New Link Road Andheri – West, Mumbai, Maharashtra, India – 400058.