Mercator Lines Limited

About Us

Mercator Lines Ltd. is the second largest private sector shipping company in India in terms of tonnage. We have acquired a position of trust and reliability as a provider of various services under different business segments..

Mercator Lines Ltd was incorporated on 24th November, 1983 as a private limited company. It was converted into a public limited company on 3rd April, 1984.

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 the second largest private sector shipping company 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. During April 2005, the Company successfully completed its first international offering of Foreign Currency Convertible Bonds aggregating USD 60 mn. The issue was well received in the international market and is listed on Singapore Stock Exchange.