About Merestone
Merestone is a Real Estate & Construction company based in Coimbatore (India) founded in 2020. It develops premium gated villa communities and apartments in India. It operates on a B2C model. Its Indian entity Merestone Properties Private Limited reported revenue of ₹25.64 Cr. Merestone offers products and services including Evara, Elegancy, The Address, ATMOS, and Meraki. Its focus areas include Real Estate, Residential Development, Gated Communities and Premium Villas. Similar companies include Shriram Properties, Puravankara and VBHC; 2 of its 3 listed similar companies have raised funding.
Company details
Merestone Properties Private Limited is a real estate company based in Coimbatore, India, specializing in developing premium gated communities and villa projects. They focus on modern architecture with bespoke amenities to enhance customer lifestyles. Projects like Evara and Elegancy offer high-quality residential options in compact, functional designs. Located in Coimbatore and Tirupur, they cater to individuals seeking luxurious and affordable housing solutions through direct property sales.
- Headquarters Coimbatore, India
- SectorsReal Estate & Construction
- Email••••••••
- Website merestone.in
- Social Facebook Instagram YouTube
- Legal Name Merestone Properties Pvt. Ltd.,
- Date of Incorporation 10 Jul, 2013
- Jurisdiction Sulur, Tamil Nadu, India
- Annual Revenue₹25.64 Cr
FY 2025 · +412% YoY
- Net Profit₹4.24 Cr
FY 2025 · 17% margin
- EBITDA₹5.74 Cr
FY 2025 · 22% margin
Associated legal entities of Merestone
Merestone operates through Merestone Properties Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Merestone Properties Private Limited CIN U45201TZ2013PTC019667 | Active | 10 Jul 2013 | Sulur, Tamil Nadu | ₹25.6 Cr | 2 | 2 | View details |
Products & Services of Merestone
Merestone offers a comprehensive portfolio of products and services, including Evara, Elegancy, The Address, ATMOS, and Meraki.
Premium gated community with bespoke amenities for modern living.
Boutique duplex apartments offering functional design in Tirupur.
Luxury living abode with contemporary architecture and world-class amenities.
Symbol of luxury combining modern design and high-end facilities.
Affordable premium villas strategically located for convenient access.
Themed community focused on flora, fauna, and functional aesthetics.
Apps and channels of Merestone
its YouTube channel Merestone Properties Private limited has 52 subscribers and 11 videos.
Videos from Merestone
The most watched videos on Merestone's YouTube channel, Merestone Properties Private limited (52 subscribers). Click a video to play it here.
More on Merestone Properties Private limited.
Board of directors of Merestone Properties Private Limited (Merestone)
Merestone Properties Private Limited is the primary company behind Merestone. The board of Merestone Properties Private Limited currently have 2 directors; the longest-serving is Deepak Kumar, appointed in 2013. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Deepak Kumar DIN 06602173 | Director | 10 Jul 2013 | 13 yrs 3 mo | Merestone Properties Private Limited |
| Yugendhran Doraiswamy DIN 08050764 | Director | 19 Jun 2018 | 8 yrs 4 mo | Merestone Properties Private Limited |
Financials of Merestone
Figures of Merestone Properties Private Limited, the primary company behind Merestone, for FY 2025. Revenue was ₹25.64 Cr (+412% year on year). Net profit was ₹4.24 Cr (17% margin). EBITDA was ₹5.74 Cr (22% margin). Revenue has grown at a compounded annual rate of +102% over three years and +70% over five years.
- ₹25.64 CrRevenue · FY 2025 · +412% YoY
- ₹4.24 CrNet profit · 17% margin
- ₹5.74 CrEBITDA · 22% margin
- ₹30 LakhPaid-up capital
- 2Employees (provident fund records)
- +102%Revenue CAGR, 3 years
- +70%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Merestone Properties Private Limited are on its company page.
Detailed financial statements for Merestone
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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Similar companies to Merestone
Merestone has 3 listed similar companies in our database, 2 of them funded. They include Shriram Properties, Puravankara and VBHC.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| shriramproperties.com | 1995 | Bengaluru, India | $641.31M | 1,620 | Residential properties are developed in mid-market and affordable segments. | |
| puravankara.com | 1975 | Bengaluru, India | 940 | Residential and commercial properties are developed across various segments. | ||
| vbhc.com | 2009 | Bengaluru, India | $135.12M | 88 | Developer of residential real estate projects |
Detailed similar companies of Merestone
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- Operating metrics
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Top companies in Affordable & Senior Housing
3 companies that operate in the same segment as Merestone (Affordable & Senior Housing) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Loans for affordable housing in tier 2,3 and 4 cities | 2010 | Mumbai, Maharashtra, India | USD 607.85 M | USD 389.13 M | 4,580 | |
Affordable housing finance solutions are provided to underserved individuals. | 2010 | Gurugram, Haryana, India | USD 236.82 M | USD 158.17 M | 8,394 | |
Home loans and financial services are provided to customers. | 2014 | Bengaluru, Karnataka, India | USD 38.2 M | USD 21.24 M | 1,072 |
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Frequently Asked Questions about Merestone
Merestone was founded in 2020.
Merestone is headquartered in Coimbatore, India. It is registered at Coimbatore, Tamil Nadu, India.
The primary company behind Merestone, Merestone Properties Private Limited, reported revenue of ₹25.64 Cr for FY 2025, up 412% year on year.
Merestone Properties Private Limited is a real estate company based in Coimbatore, India, specializing in developing premium gated communities and villa projects. They focus on modern architecture with bespoke amenities to enhance customer lifestyles. Projects like Evara and Elegancy offer high-quality residential options in compact, functional designs. Located in Coimbatore and Tirupur, they cater to individuals seeking luxurious and affordable housing solutions through direct property sales.
Merestone's top competitors include Puravankara, Shriram Properties and VBHC.
Merestone offers Evara, Elegancy, The Address, ATMOS, and 2 more products and services.
Merestone operates through Merestone Properties Private Limited.
The legal entities of Merestone currently have 2 directors, including Deepak Kumar, Yugendhran Doraiswamy.