Mercator Ltd, BSE & NSE listed company is one of the India’s diversified conglomerates, with interests in Coal Mining, Oil & Gas, Shipping, Dredging & Logistics solutions. We have acquired a position of trust and reliability as a provider of various services under different business segments.
Incorporated on 24th November, 1983 as Mercator Lines Private Limited; the company was converted into a public limited company on 12th April, 1984. Name of the Company was changed to “Mercator Limited” with effect from 22nd November 2011.
Since its inception the company has written a history of achievements. It has done pioneering work by operating vessels in some unchartered rivers like the Tapti and has thus opened new navigational routes. It has diversified itself into various business segments.
Mr. H. K. Mittal the promoter of the company took it over in the year 1988 and under his vision and leadership the company has today acquired the merit of becoming amongst the larger private sector shipping companies in India in terms of tonnage.
Mercator's financial performance has been truly commendable. Since its maiden public issue in 1993, it has grown manifold in terms of financial parameters like turnover, profits, tonnage and market capitalization. Presently the shares of the Company are listed on Mumbai Stock Exchange and National Stock Exchange.
The Chairman and Managing Director of the Company Mr. H. K. Mittal was awarded "Entrepreneur of the Year-2005-06" by The Economic Times of India and "The Entrepreneur of the Year Award Services-2005" by ERNST & YOUNG in November 2005. The Company was awarded the "Star Company of the Year Award" in Small and Medium Sector (SME) by the leading financial newspaper, Business Standard in February 2005. The Company was rated as "Fastest Growing Small Company of India" across all the sectors by Business Today in March 2005. The Company was also nominated consecutively for two years for the "Emerging Company of the Year 2003-04 and 2004-05" by the Economic Times Awards for Corporate Excellence.
The Company venture into offshore business with acquisition of Jack-Up Drilling Rig. The rig was received ahead of its schedule & was deployed immediately upon delivery in March 2009; for a period of three years on firm bare boat charter. The Group has opted out of the Offshore Drilling segment wef March 2011 as strategic decision.
The Company also forayed into dredging and presently owns a fleets of THSD Dredgers & CSD Dredger.
Mercator Group has also acquired economic interest in coal mines in Mozambique and Indonesia with substantial coal resources; as a measure of backward integration to strengthen its shipping activities and to meet the huge energy demand in India.
We are an established player in the marine transportation industry. Breaking conventional barriers of the shipping industry, we aim to provide the most optimal shipping solutions. Driven by our vision, backed by advanced technical and management expertise and supported by a trained and efficient workforce, we are the stop for your shipping requirements.
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