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Meerasol Electricals Private Limited - energy and power in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.91 Cr
▲ 10% YoY
Net profit · FY 2024
₹2.22 Lakh
Net margin 0.8%
EBITDA · FY 2024
₹11.14 Lakh
EBITDA margin 3.8%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Employees · EPFO
60
Provident fund records
Directors on board
2
As per MCA filings
About Meerasol Electricals Private Limited
Data last updated:
Meerasol Electricals Private Limited is a private limited company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It operates in the bop and btg services segment of the energy and power sector. It was incorporated on 17 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74995GJ2017PTC097373. Its GSTIN is 24AALCM0709J2ZH (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Farkhanda Naaz Mukbil Ahmed Shaikh and Mukbilahmed Shabbirahmed Shaikh.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.91 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹2.22 Lakh (net margin 0.8%) and EBITDA of ₹11.14 Lakh (EBITDA margin 3.8%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 18% over five years.
The company has about 60 employees on its provident fund (EPFO) records.
Meerasol Electricals Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0067695). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website meerasol.in.
Company details
CIN U74995GJ2017PTC097373
Registration Number 097373
Incorporation Date 17 May 2017
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0067695
Recognitions & Rankings of Meerasol Electricals
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0067695
Contact details
Meerasol Electricals Private Limited's registered office is in Ahmedabad, Gujarat. Its website is meerasol.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address634 06th Floor City Gate, Near Vishala Hotel Narol Vishala Highway, Ahmedabad, Gujarat, India – 380007
- IndustryEnergy and Power, BoP & BTG Services, Power EPC
To see the full contact details of Meerasol Electricals Private Limited, buy the company report.
Comprehensive company report
Meerasol Electricals Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Meerasol Electricals is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Meerasol Electricals Private Limited, buy the company report.
Financials of Meerasol Electricals Private Limited
FY 2025 filings availableMeerasol Electricals Private Limited reported revenue of ₹2.91 Cr (up 10% YoY) for FY 2024.
Revenue · FY 2024
₹2.91 Cr ▲ 10%
Net profit · FY 2024
₹2.22 Lakh margin 0.8%
EBITDA · FY 2024
₹11.14 Lakh margin 3.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 10%
3 years · compounded
▲ 30%
5 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▲ 44%
3 years · compounded
▲ 42%
5 years · compounded
▲ 55%
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 10% growth in the latest year. EBITDA rose 44% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹11.14 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.22 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.8% | ||||
| Net Profit Margin | 0.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Meerasol Electricals Private Limited, buy the company report.
Board of directors of Meerasol Electricals Private Limited
Meerasol Electricals has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Farkhanda Naaz Mukbil Ahmed Shaikh | Director | 17 May 2017 | 9 Years 5 Months | Current |
| Mukbilahmed Shabbirahmed Shaikh | Director | 17 May 2017 | 9 Years 5 Months | Current |
Auditor
Meerasol Electricals Private Limited is audited by Chauhan & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Chauhan & Associates | FY 2023 | 131274W |
Shareholding
The shareholding of Meerasol Electricals 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 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Meerasol Electricals Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Meerasol Electricals 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 Meerasol Electricals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Meerasol Electricals Private Limited has a workforce of 60 employees on its EPFO records as of Mar 26, 2024, across 1 active EPFO establishment.
Employee count
60
Active EPFO establishments
1
Employee growth
50%
GST
Meerasol Electricals has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AALCM0709J2ZH | Gujarat | Active | 28 Mar 2018 |
To see the full GST registrations and return filing status of Meerasol Electricals Private Limited, buy the company report.
Recent activity
Meerasol Electricals Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Farkhanda Naaz Mukbil Ahmed Shaikh was appointed as Director on 17 May 2017.
AGM
Meerasol Electricals Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Meerasol Electricals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Farkhanda Naaz Mukbil Ahmed Shaikh was appointed as Director.
Appointed
Mukbilahmed Shabbirahmed Shaikh was appointed as Director.
Incorporation
17 May 2017
Meerasol Electricals Private Limited was registered on 17 May 2017 with Roc Ahmedabad & aged 9 years 5 months as per MCA records.
Frequently asked questions
Meerasol Electricals is an active private limited company based in Ahmedabad, Gujarat, India. The company works in bop and btg services, within the energy and power industry. It was incorporated on 17 May 2017 (9+ years old) and is registered under CIN U74995GJ2017PTC097373.
Meerasol Electricals has 2 current directors:
- Farkhanda Naaz Mukbil Ahmed Shaikh - Director
- Mukbilahmed Shabbirahmed Shaikh - Director
The latest financial statements of Meerasol Electricals 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 FY 2018 are in the company report.
The GSTIN of Meerasol Electricals is 24AALCM0709J2ZH, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Meerasol Electricals is U74995GJ2017PTC097373. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Meerasol Electricals was incorporated on 17 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Farkhanda Naaz Mukbil Ahmed Shaikh was appointed as Director on 17 May 2017. Mukbilahmed Shabbirahmed Shaikh was appointed as Director on 17 May 2017.
Yes, Meerasol Electricals is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Meerasol Electricals is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0067695).
Meerasol Electricals can be reached through the website meerasol.in. Its registered office is in Ahmedabad, Gujarat, India.
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