Mercantile Ventures Ltd
22.68
INR
+0.13
(+0.58%)
ISIN
INE689O01013
Return %
Stock
S&P 500
1Y
-24.12
14.20
3Y
1.34
81.12
5Y
48.72
68.34
Capital Structure
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in mil. unless spec.Working Capital
INR
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in mil. unless spec.Growth Rates
INR
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in mil. unless spec.Quarterly Revenue
INR
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
INR
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in mil. unless spec.Company Description
- CEO
- Edayathumangalam Natarajan Rangaswami
- Full Time Employees
- 1
- Sector
- Finance
- Industry
- Real estate development
- Address
- No. 88, Mount Road Chennai TN India 600032
- IPO Date
- Feb 9, 2015
- Website
- mercantileventures.co.in
- Similar Companies
- Business
- Mercantile Ventures Limited is engaged primarily in the business of leasing immovable properties, facility management, and providing manpower services. The company offers a comprehensive portfolio that includes the acquisition, leasing, and resale of real estate properties; facility management services encompassing maintenance and operational support; and manpower supply services catering to diverse corporate and industrial clients. Founded in 1985 and headquartered in India, Mercantile Ventures operates predominantly in the Indian market, focusing on asset-driven service industries. Recently, the company has undergone significant operational and strategic changes. It shifted away from its former identity as MCC Finance Limited in 2013, exiting non-banking financial activities to concentrate on property and service-oriented business lines. In the past 1-2 years, the company has reported robust revenue growth in its core areas, with net sales increasing notably, despite facing some profitability challenges. Key corporate developments include the appointment of Mr. N Umasankar as Whole-time Director and CFO in 2025, approval from regulatory bodies for amalgamation activities with India Radiators Ltd, and maintaining steady shareholder structures amid these expansions. These moves illustrate Mercantile Ventures’ strategic focus on consolidating and expanding its operational base within property and manpower services while navigating financial restructuring. Mercantile Ventures Limited operates within sectors intersecting real estate leasing, property management, and human resources staffing. Its target market includes commercial tenants, corporate clients requiring facility management, and industries needing contract manpower solutions. The company maintains a concentrated presence in India with ongoing efforts to optimize asset utilization and service delivery. Mercantile Ventures also benefits from partnerships and regulatory approvals that enhance its capacity for property leasing and amalgamation strategies, positioning it for sustained operational growth. The company’s historical background as a finance entity and its evolution into property and service management intensify its market positioning. The strategic redirection away from financial services towards leasing and service provision underscores its adaptation to market demands and regulatory environments. With a corporate structure inclusive of recent board and management enhancements, Mercantile Ventures aims to leverage its property assets and service excellence to drive future growth and shareholder value. Overall, Mercantile Ventures Limited’s portfolio encompasses leasing of immovable properties; facility management including maintenance and operational services; manpower supply services across various sectors; recent strategic amalgamations and leadership appointments; operational focus within the Indian real estate and service markets; and a founding legacy dating back to 1985 with headquarters in India. These elements collectively define its current corporate profile and strategic trajectory for investors and stakeholders.