Meridian Estates Private Limited
About Meridian Estates Private Limited
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Meridian Estates Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Palmyra Realtors Private Limited. It operates in the real estate financing segment of the financial services sector. It was incorporated on 09 December 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70101MH1997PTC187212. Its GSTIN is 27AABCM9225B1ZQ (Maharashtra).
The company has an authorised share capital of ₹9.5 Cr and a paid-up capital of ₹3.55 Cr. It is led by directors Rashmi Dilipsingh Desai and Clemex Torres.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Shop No.17 V Mall Asha Nagar Kandivali East, Mumbai, Maharashtra, India – 400101.
As per the financials filed for FY 2025, the company reported a revenue of ₹64.97 Lakh, a growth of 31% compared to the previous year. For the same year it recorded a net profit of ₹9.35 Lakh (net margin 14.4%) and EBITDA of ₹17.97 Lakh (EBITDA margin 27.7%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 4% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Meridian Estates has one previous CIN (Corporate Identification Number): U70101GA1997PTC002482. The current CIN is U70101MH1997PTC187212, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70101MH1997PTC187212 | Current |
| U70101GA1997PTC002482 | Previous |
Contact details
Meridian Estates Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No.17 V Mall Asha Nagar Kandivali East, Mumbai, Maharashtra, India – 400101
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Meridian Estates Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Meridian Estates is real estate activities. In detail, this covers real estate activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities |
To see the full business activity and turnover split of Meridian Estates Private Limited, buy the company report.
Financials of Meridian Estates Private Limited
FY 2024 filings availableMeridian Estates Private Limited reported revenue of ₹64.97 Lakh (up 31% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 31% growth in the latest year. EBITDA rose 150% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹17.97 Lakh | ||||
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| Net Profit (PAT) | ₹9.35 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 27.7% | ||||
| Net Profit Margin | 14.4% | ||||
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To see the full financial statements and ratios of Meridian Estates Private Limited, buy the company report.
Board of directors of Meridian Estates Private Limited
Meridian Estates has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rashmi Dilipsingh Desai Also directs: Devyang Realty Holdings Private Limited, Palmyra Realtors Private Limited, Aadevi Property LLP and 3 more | Director | 05 Mar 2007 | 19 Years 7 Months | Current |
| Clemex Torres | Director | 15 Jul 2006 | 20 Years 3 Months | Current |
Peer comparison
Meridian Estates Private Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kshatriya Developers Private Limited | ₹65.05 Lakh (FY 2025) | -26.0% | Mumbai, Maharashtra, India | |||
| Meridian Estates Private Limitedthis company | ₹64.97 Lakh (FY 2025) | ₹9.35 Lakh | 14.4% | 31.0% | Mumbai, Maharashtra, India | |
| Nipman Exports Private Limited | ₹64.87 Lakh (FY 2025) | 2.0% | New Delhi, Delhi, India | |||
| Falcon IT Enabled Services Private Limited | ₹64.77 Lakh (FY 2025) | 1.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Meridian Estates Private Limited, buy the company report.
Auditor
Meridian Estates Private Limited is audited by DEVESH VASAVADA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DEVESH VASAVADA & CO | FY 2023 | 32715 |
Shareholding
The shareholding of Meridian Estates Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Meridian Estates Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Meridian Estates Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Meridian Estates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Meridian Estates has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCM9225B1ZQ | Maharashtra | Active | 19 Jul 2019 |
To see the full GST registrations and return filing status of Meridian Estates Private Limited, buy the company report.
Recent activity
Meridian Estates Private Limited has 3 board changes on record since 2006: 2 appointments and 1 cessation. The latest: Sushma Arjun Jogle ceased to be Additional Director on 16 Dec 2014.
Frequently asked questions
Meridian Estates is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate financing, within the financial services industry. It was incorporated on 09 December 1997 (29+ years old) and is registered under CIN U70101MH1997PTC187212.
Meridian Estates has 2 current directors:
- Rashmi Dilipsingh Desai - Director
- Clemex Torres - Director
The latest financial statements of Meridian Estates on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Meridian Estates is 27AABCM9225B1ZQ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Meridian Estates is U70101MH1997PTC187212. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Meridian Estates was incorporated on 09 December 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Meridian Estates by revenue are Kshatriya Developers Private Limited, Nipman Exports Private Limited, Falcon IT Enabled Services Private Limited, all in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities).
Sushma Arjun Jogle ceased to be Additional Director on 16 Dec 2014. Rashmi Dilipsingh Desai was appointed as Director on 05 Mar 2007. Clemex Torres was appointed as Director on 15 Jul 2006.
The registered office of Meridian Estates is at Shop No.17 V Mall Asha Nagar Kandivali East, Mumbai, Maharashtra, India – 400101.
Meridian Estates operates in the financial services industry, in the real estate financing segment.
The compliance status of Meridian Estates is compliant as of 21 August 2026. The company is actively filing with the Registrar of Companies.