Incorporated in 1985, Mercury Trade Links Limited trades in various agro products such as fertilizers, manures, plant or animal foods, and pesticides which include insecticides, herbicides or weedicides and fungicides.
The company also deals in a wide range of agricultural produce including rice, maize, milo, seeds, cotton seeds, soybeans, ground nuts, castors, linseeds, sunflower, coconut, rapeseed, almond, sesame, mustard, sea seed, and grapeseed among others.
As of March 2024, the company has 7 employees in various departments.
Mercury Trade Links Rights Issue 2024 Detail
| Issue Open | March 11, 2024 – March 21, 2024 |
| Security Name | Mercury Trade Links Ltd. |
| Issue Size (Shares) | 2,475,000 |
| Issue Size (Amount) | ₹9.90 Crores |
| Issue Price | ₹40 per share |
| Face Value | ₹10 per share |
| Listing At | BSE |
| Terms of Payment | The Issue Price of Rs. 40/- per Equity Share shall be payable at the time of application |
| Entitlement | 10 Rights Equity Share(s) for every 1 fully paid-up Equity Shares held on Record Date |
Mercury Trade Links Rights Issue 2024 Issue Timetable
| Last Date to buy shares | February 29, 2024 |
| Record Date | March 1, 2024 |
| Credit of Rights Entitlements | March 6, 2024 |
| Bid/Offer Opens On | March 11, 2024 |
| Renunciation of Rights Entitlements | March 15, 2024 |
| Bid/Offer Closes On | March 21, 2024 |
| Deemed Date of Allotment | March 28, 2024 |
| Credit Date | April 2, 2024 |
| Listing Date | April 5, 2024 |
Company Financials
Mercury Trade Links Ltd. Financial Information (Restated)
Mercury Trade Links Ltd.’s revenue increased by 1751.16% and profit after tax (PAT) rose by 106.44% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 0.70 | 0.41 | 0.52 |
| Revenue | 0.48 | 0.03 | 0.65 |
| Profit After Tax | 0.01 | -0.10 | 0.07 |
| Reserves and Surplus | 0.16 | 0.16 | 0.26 |
| Amount in ₹ Crore | |||
Objects of the Issue:
The Company proposes to utilize the net proceeds from the issue towards funding the following objects:
- Working capital requirement;
- General Corporate Purpose; and
- To meet Issue Expenses.
Mercury Trade Links Rights Issue 2024 Subscription Status
Mercury Trade Links Rights Issue 2024 is subscribed 0 times as on March 14, 2024 12:28:00 PM. The total bid quantity received by BSE is 10,477 shares.
Mercury Trade Links Rights Issue 2024 Documents
Mercury Trade Links Rights Issue 2024 Reviews
Company Contact Information
Mercury Trade Links Ltd.
Office No: D-518, Swati Crimson and Clover
Shilaj Circle, Sardar Patel Ring Road,
Thaltej, Ahmedabad-380054
Phone: +91 9106880417
Email: mercurytradelinkslimited@gmail.com
Website: https://www.mercurytradelinks.co.in/