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About Mercantile Ventures Ltd
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Mercantile Ventures Limited, formerly known as MCC Finance Limited was incorporated in December, 1985. The name of the Company was changed from MCC Finance Limited to Mercantile Ventures Limited on 27th March, 2013. Initially, the Company engaged in the business of acquiring immovable properties for letting them out on lease or mounting them for resale. The Company is primarily engaged in the business of leasing of properties and manpower supply services. During the year 2021-22, Cuningham Ventures Private Limited, Sahoj Ventures Private Limited and Willingdon Ventures Private Limited were converted from partnership firms to Private Limited companies and were made the wholly owned subsidiaries of the Company . Hon`ble National Company Law Tribunal (NCLT), Division Bench-II, Chennai vide its Order dated June 28, 2023 has approved the Scheme of Amalgamation of Cuningham Ventures Private Limited, Sahoj Ventures Private Limited an Willingdon Ventures Private Limited with the Company in 2023. The Company acquired 38.41% of equity share capital in India Radiators Limited on 8th July 2024, from the erstwhile promoters of India Radiators Limited, as per terms of the share purchase agreement dated January 05, 2024 in compliance with the SAST regulations and has become the promoter of India Radiators Limited. The Board of Directors at their meeting held on 08th April 2025, had approved the Scheme of Amalgamation of India Radiators Limited with and into the Company and their respective shareholders and creditors and subsequently the Company had filed an application to BSE Limited along with the draft scheme within the statutory timelines pursuant to Regulation 37 of the SEBI LODR Regulation 2015.
Mercantile Ventures share price as on 19 Jan 2026 is Rs. 23.01. Over the past 6 months, the Mercantile Ventures share price has decreased by 6.08% and in the last one year, it has increased by 2.27%. The 52-week low for Mercantile Ventures share price was Rs. 19 and 52-week high was Rs. 36.78.
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Mercantile Ventures Ltd FAQs
You can buy Mercantile Ventures Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Mercantile Ventures Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Jan 16, 2026 04:01 PM the closing price of Mercantile Ventures Ltd was Rs.23.01.
The latest PE ratio of Mercantile Ventures Ltd as of Jan 16, 2026 04:01 PM is 32.87
The latest PB ratio of Mercantile Ventures Ltd as of Jan 16, 2026 04:01 PM is 0.80
The 52-week high of Mercantile Ventures Ltd share price is Rs. 36.78 while the 52-week low is Rs. 19.00
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jan 16, 2026 04:01 PM, the market cap of Mercantile Ventures Ltd stood at Rs. 257.52 Cr.
Market Outlook
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