Meritest Solutions Private Limited
About Meritest Solutions Private Limited
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Meritest Solutions Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 28 September 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U72900MH2021PTC368359.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1.2 Lakh. It is led by directors including Sudhir Mishra and Sachin Shamgule.
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 H.No. 2238/9 Vidya Nagar Wathoda Layout Nagpur (Urban), Maharashtra, India – 440008.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.66 Lakh, a decline of 35% compared to the previous year. For the same year it recorded a net loss of ₹52,223 (net margin -14.3%) and EBITDA of -₹52,223 (EBITDA margin -14.3%).
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- Registered AddressH.No. 2238/9 Vidya Nagar Wathoda Layout Nagpur (Urban), Maharashtra, India – 440008
- IndustryInformation Technology, Other Computer Related Activities
- 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
- One PDF report, delivered after checkout
Business Activity of Meritest Solutions Private Limited
The main business activity of Meritest Solutions is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Meritest Solutions Private Limited FY 2025 filings available
Meritest Solutions Private Limited reported revenue of ₹3.66 Lakh (down 35% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Meritest Solutions Private Limited
Revenue fell 35% in the latest year. EBITDA rose 28% 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 of Meritest Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | -₹52,223 | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹52,223 | •••• | •••• | •••• |
| Balance Sheet | ||||
| Share Capital | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• |
Financial Ratios of Meritest Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -14.3% | •••• | •••• | •••• |
| Net Profit Margin | -14.3% | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• |
| Liquidity and Debt | ||||
| Current Ratio | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• |
| Efficiency and Growth | ||||
| Asset Turnover | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Meritest Solutions are in the company report.
Financial statements from FY 2022
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Meritest Solutions Private Limited
Meritest Solutions has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudhir Mishra | Director | 28 Sep 2021 | 5 Years 0 Months | Current |
| Sachin Shamgule | Director | 28 Sep 2021 | 5 Years 0 Months | Current |
| Pallavi Brijendra Verma | Director | 28 Sep 2021 | 5 Years 0 Months | Current |
Peer Comparison of Meritest Solutions Private Limited
Meritest Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kritika Web Developers Private Limited | ₹3.67 Lakh (FY 2017) | •••• | •••• | -15.0% | •••• | Jaipur, Rajasthan, India |
| Lime Seed Innovations Private Limited | ₹3.67 Lakh (FY 2017) | •••• | •••• | •••• | Bangaloer, Karnataka, India | |
| Clozfluent Technology and Services Private Limited | ₹3.67 Lakh (FY 2024) | •••• | •••• | 714.0% | •••• | Bangalore, Karnataka, India |
| Gurumantra IT Educare Private Limited | ₹3.66 Lakh (FY 2016) | •••• | •••• | 1493.0% | •••• | Malegaon, Maharashtra, India |
| Atypical Software Private Limited | ₹3.66 Lakh (FY 2024) | •••• | •••• | -55.0% | •••• | Dhanbad, Jharkhand, India |
| Meritest Solutions Private Limited this company | ₹3.66 Lakh (FY 2025) | •••• | •••• | -35.0% | •••• | Nagpur, Maharashtra, India |
| Solserv Software Private Limited | ₹3.66 Lakh (FY 2024) | •••• | •••• | 9.0% | •••• | Thrissur, Kerala, India |
| Chilliapple India Private Limited | ₹3.66 Lakh (FY 2025) | •••• | •••• | -44.0% | •••• | New Delhi, Delhi, India |
| Luyd Innovations Private Limited | ₹3.66 Lakh (FY 2025) | •••• | •••• | 79.0% | •••• | Ernakulam, Kerala, India |
| Ken Interactive (India) Private Limited | ₹3.65 Lakh (FY 2024) | •••• | •••• | -30.0% | •••• | Bangalore, Karnataka, India |
| Kap Biosoft Private Limited | ₹3.65 Lakh (FY 2018) | •••• | •••• | •••• | Dombivali, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Meritest Solutions by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Ownership and Shareholding of Meritest Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Meritest Solutions Private Limited
Meritest Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Meritest Solutions Private Limited
Meritest Solutions Private Limited has a workforce of 0 employees as of Mar 28, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Meritest Solutions Private Limited
Meritest Solutions Private Limited has 3 board changes on record since 2021: 3 appointments. The latest: Pallavi Brijendra Verma was appointed as Director on 28 Sep 2021.
Credit Ratings, Litigation & Regulatory Alerts for Meritest Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Meritest Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Meritest Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Meritest Solutions Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Meritest Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Meritest Solutions Private Limited
Meritest Solutions is an active private limited company based in Nagpur, Maharashtra, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 28 September 2021 (5+ years old) and is registered under CIN U72900MH2021PTC368359.
Meritest Solutions reported revenue of ₹3.66 Lakh for FY 2025 (down 35% YoY).
Meritest Solutions has 3 current directors:
- Sudhir Mishra - Director
- Sachin Shamgule - Director
- Pallavi Brijendra Verma - Director
Meritest Solutions reported a net loss of ₹52,223 (net margin -14.3%) and EBITDA of -₹52,223 (EBITDA margin -14.3%) for FY 2025, as per its filed financial statements.
The CIN (Corporate Identification Number) of Meritest Solutions is U72900MH2021PTC368359. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Meritest Solutions was incorporated on 28 September 2021, making it 5+ years old. It is registered with the Registrar of Companies, Nagpur.
The peers of Meritest Solutions by revenue are Kritika Web Developers Private Limited, Lime Seed Innovations Private Limited, Clozfluent Technology and Services Private Limited, Gurumantra IT Educare Private Limited, Atypical Software Private Limited and 5 more, all in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.).
Pallavi Brijendra Verma was appointed as Director on 28 Sep 2021. Sachin Shamgule was appointed as Director on 28 Sep 2021. Sudhir Mishra was appointed as Director on 28 Sep 2021.
The registered office of Meritest Solutions is at H.No. 22389 Vidya Nagar Wathoda Layout Nagpur Urban, Maharashtra, India – 440008.
Meritest Solutions has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1.2 Lakh.
Meritest Solutions operates in the information technology industry, in the other computer related activities segment.