The Mercury Trade Links date has been confirmed from March 11, 2024 – March 21, 2024.
The Mercury Trade Links Developers Rights Issue entails a fixed issue size amounting to ₹9.90 Crores. Mercury Trade Links Limited, founded back in 1985, is dedicated to offering an array of agricultural essentials like fertilizers, manures, and pesticides, including insecticides, herbicides, weedicides, and fungicides. Alongside its primary merchandise, the company also offers an assortment of agricultural products, like rice, maize, milo, seeds, cotton seeds, soybeans, ground nuts, castors, linseeds, sunflower, coconut, rapeseed, almond, sesame, mustard, sea seed, and grapeseed.
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Bidding Dates
Mar 11-21
Issue Size
₹9.90 Crores
Face Value
₹10 per share
Record Date
March 1, 2024
The Mercury Trade Links Record Date
The Mercury Trade Links Record Date is March 1, 2024.
Mercury Trade Links Overview
Founded over three decades ago in 1985, Mercury Trade Links Limited is a leading entity in the agricultural trading industry, dealing in various agricultural products such as fertilizers, manures, plant or animal diets, and a wide array of pesticides including insecticides, herbicides, weedicides, and fungicides. The Mercury Trade Links Record Date is March 1, 2024. Additionally, the company is involved in the distribution of various agricultural products, such as rice, maize, milo, seeds, cotton seeds, soybeans, ground nuts, castors, linseeds, sunflower, coconut, rapeseed, almond, sesame, mustard, sea seed, and grapeseed.
The Mercury Trade Links Rights Issue 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 |
The Mercury Trade Links Ltd Financial Information
| 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 | |||
The Mercury Trade Links Rights Issue Timeline
| Last Date to buy shares | February 29, 2024 |
| Record Date | March 1, 2024 |
| Credit of Rights Entitlements | |
| Bid/Offer Opens On | March 11, 2024 |
| Renunciation of Rights Entitlements | |
| Bid/Offer Closes On | March 21, 2024 |
| Deemed Date of Allotment | |
| Credit Date | |
| Listing Date |
Company Profile
Mercury Trade Links Limited, founded back in 1985, focuses on trading a diverse range of agricultural goods, spanning fertilizers, manures, plant or animal diets, and pesticides such as insecticides, herbicides, weed killers, and fungicides. Rice, maize, milo, seeds, cotton seeds, soybeans, ground nuts, castors, linseeds, sunflower, coconut, rapeseed, almonds, sesame, mustard, sea seed, and grapeseed are among the agricultural products that the company also markets.
Registrar Info
| Name | – |
| Phone number | – |
| Email ID | – |
| Website | – |
Contact Details
| Name | Mercury Trade Links Ltd. |
| Phone number | +91 9106880417 |
| Email ID | [email protected] |
| Website | mercurytradelinks.co.in |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Mercury Trade Links IPO FAQs
What is the issue price for Mercury Trade Links Rights Issue 2024?
Mercury Trade Links Rights Issue 2024 price is set at ₹40 per share per equity share.
In what ratio is the Mercury Trade Links Rights Issue 2024 offered?
The eligible shareholders are being offered 10 Rights Equity Share(s) for every 1 fully paid-up Equity Shares held on Record Date (March 1, 2024).
What is the record date for Mercury Trade Links Rights Issue 2024?
The record date for the Mercury Trade Links Rights Issue 2024 is March 1, 2024.
What is the issue size of Mercury Trade Links Rights Issue 2024?
The issue size of Mercury Trade Links Rights Issue 2024 is of 2,475,000 equity shares at ₹40 per share aggregating upto ₹9.90 Crores.
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