About Meridian IT Services Private Limited
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Meridian IT Services Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 15 September 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U72200AP2008PTC061035. Its GSTIN is 37AAFCM7833F1ZB (Andhra Pradesh).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Srinivasa Sivakumar Gunturu and Srinivasa Rama Gopalkrishna Palla.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 10 – 50 – 84/C Sun Towers Waltair Main Road, Visakhapatnam, Andhra Pradesh, India – 530002.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.4 Lakh, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹44,230 (net margin 8.2%) and EBITDA of ₹59,100 (EBITDA margin 11%). Revenue has declined at a compounded annual rate (CAGR) of 24% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website meridian-ites.com.
Company details
Contact details
Meridian IT Services Private Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its website is meridian-ites.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address10 – 50 – 84/C Sun Towers Waltair Main Road, Visakhapatnam, Andhra Pradesh, India – 530002
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Meridian IT Services 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
Financials of Meridian IT Services Private Limited
FY 2025 filings availableMeridian IT Services Private Limited reported revenue of ₹5.4 Lakh (down 16% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 24% over five years, including a 16% fall in the latest year. EBITDA fell 20% 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
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| EBITDA | ₹59,100 | ||||
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| Net Profit (PAT) | ₹44,230 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 11% | ||||
| Net Profit Margin | 8.2% | ||||
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To see the full financial statements and ratios of Meridian IT Services Private Limited, buy the company report.
Board of directors of Meridian IT Services Private Limited
Meridian IT Services 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 |
|---|---|---|---|---|
| Srinivasa Sivakumar Gunturu Also directs: Marthanda Ventures LLP, Maple Software Private Limited, Maple ITES Private Limited and 1 more | Director | 15 Sep 2008 | 18 Years 1 Months | Current |
| Srinivasa Rama Gopalkrishna Palla Also directs: Maple Software Private Limited, Maple ITES Private Limited | Additional Director | 01 Feb 2025 | 1 Years 8 Months | Current |
Auditor
Meridian IT Services Private Limited is audited by Murthy & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Murthy & Associates | FY 2023 | 014085S |
Shareholding
The shareholding of Meridian IT Services 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 2022 | FY 2021 | FY 2020 | FY 2019 |
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| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Meridian IT Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Meridian IT Services 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 IT Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Meridian IT Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAFCM7833F1ZB | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Meridian IT Services Private Limited, buy the company report.
Recent activity
Meridian IT Services Private Limited has 3 board changes on record since 2008: 2 appointments and 1 cessation. The latest: Pawan Kumar Gunturu ceased to be Director on 06 Feb 2025.
Frequently asked questions
Meridian IT Services is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 15 September 2008 (18+ years old) and is registered under CIN U72200AP2008PTC061035.
Meridian IT Services has 2 current directors:
- Srinivasa Sivakumar Gunturu - Director
- Srinivasa Rama Gopalkrishna Palla - Additional Director
The latest financial statements of Meridian IT Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Meridian IT Services is 37AAFCM7833F1ZB, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Meridian IT Services is U72200AP2008PTC061035. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Meridian IT Services was incorporated on 15 September 2008, making it 18+ years old. It is registered with the Registrar of Companies, Vijayawada.
Pawan Kumar Gunturu ceased to be Director on 06 Feb 2025. Srinivasa Rama Gopalkrishna Palla was appointed as Additional Director on 01 Feb 2025. Srinivasa Sivakumar Gunturu was appointed as Director on 15 Sep 2008.
Meridian IT Services can be reached through the website meridian-ites.com. Its registered office is in Visakhapatnam, Andhra Pradesh, India.
The registered office of Meridian IT Services is at 10 – 50 – 84C Sun Towers Waltair Main Road, Visakhapatnam, Andhra Pradesh, India – 530002.
Meridian IT Services operates in the information technology industry, in the application development and software solutions segment.