Memg Family Office Llp - Company Profile

Q: Where is Memg Family Office Llp headquartered?

Memg Family Office Llp is headquartered at 241, 15Th Floor, J W Marroitt, Vittal Mallya Road, Ashok Nagar, Bangalore, Karnataka, 560001.

Q: Who are the current directors of Memg Family Office Llp?

The current directors of Memg Family Office Llp are Shyam Powar, Ranjan Ramdas Pai.

It is a business outsourcing limited liability partnership based in Bangalore, Karnataka, India, established in 2016.

2016 Bangalore, Karnataka, India Active

Last Updated: January 06, 2026

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About Memg Family Office Llp

Memg Family Office Llp, a active limited liability partnership, was established on 23 February 2016 in Bangalore, Karnataka, India. Engaging in business & it consulting within the business outsourcing sector, it holds LLPIN: AAF-7620. Registered under ROC Roc Bangalore. It has total obligation of contribution of ₹966.16 Cr.

Its leadership includes Shyam Powar (Designated Partner), Ranjan Ramdas Pai (Designated Partner). Past directors included Deepak Aggarwal, Jyotika Prakash Kamath, Vasanthi Ramdas Pai. It holds ₹1,347.80 Cr open charges and ₹1,332.00 Cr settled loans. Its latest date of accounts and solvency statement 31 March 2025. It is based at 24/1, 15Th Floor, J W Marroitt, Vittal Mallya Road, Ashok Nagar, Bangalore, Karnataka, 560001.

Company Details

CIN/LLPIN
AAF-7620
Incorporation Date
23 February 2016
Total Obligation of Contribution
₹966.16 Cr
ROC Code
Roc Bangalore
Company Status
Active

Key Metrics

Obligation of Contribution ₹ 966.16 Cr as on 06-01-2026
Company Age 9 Year, 11 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 1,347.80 Cr as on 06-01-2026
Satisfied Charges ₹ 1,332.00 Cr as on 06-01-2026
Revenue Growth **** 253.70% (FY 2024)
Profit Growth **** 16.58% (FY 2024)
Ebitda **** -24.31% (FY 2024)
Total Assets **** 87.83% (FY 2024)

Comprehensive Company Insights

Explore comprehensive insights into Memg Family Office Llp — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Memg Family Office Llp?

Current Designated Partners

Name	Designation	Appointment Date	Status
Shyam Powar	Designated Partner	25 Apr 2025	Current
Ranjan Ramdas Pai	Designated Partner	02 Mar 2017	Current

Past Designated Partners

Name	Designation	Cessation	Status
Pramod Abcsdd	Designated Partner	02 Mar 2017	Past
Pramod Abcsdd	Designated Partner	02 Mar 2017	Past
Pramod Abcsdd	Designated Partner	31 Mar 2021	Past
Pramod Abcsdd	Partner	30 Mar 2021	Past
Pramod Abcsdd	Designated Partner	02 Mar 2017	Past
Pramod Abcsdd	Partner	30 Mar 2021	Past

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Financial Performance of Memg Family Office Llp.

Memg Family Office Llp, for the financial year ended 2024, experienced significant growth in revenue, with a 253.7% increase. The company also saw a substantial improvement in profitability, with a 16.58% increase in profit. The company's net worth witnessed no change by increase of 0%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

253.70%

*******

Revenue from Operations

*******

1000.00%

*******

Total Assets

*******

87.83%

*******

Profit or Loss

*******

16.58%

*******

Net Worth

*******

EBITDA

*******

-24.31%

*******

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What is the Ownership and Shareholding Structure of Memg Family Office Llp?

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Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹13,478,000,000.00

Satisfied Charges

₹13,320,000,000.00

Charges Breakdown by Lending Institutions

Vistra Itcl India Limited : 902.80 Cr
Hero Fincorp Limited : 270.00 Cr
Vistra Itcl (India) Limited : 175.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
28 Feb 2025	Vistra Itcl (India) Limited	₹175.00 Cr	Open
28 Mar 2024	Vistra Itcl India Limited	₹575.80 Cr	Open
14 Nov 2022	Vistra Itcl India Limited	₹327.00 Cr	Open
04 Jun 2022	Hero Fincorp Limited	₹270.00 Cr	Open
09 Dec 2022	Vistra Itcl India Limited	₹945.00 Cr	Satisfied

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How Many Employees Work at Memg Family Office Llp?

Unlock and access historical data on people associated with Memg Family Office Llp, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

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Rating

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Alerts

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Latest Updates, News, and FAQs on Memg Family Office Llp

Recent Activity within the Organization

Charges

Progress on A charge registered on 28 Sep 2021 via Charge ID 100493822 with Indusind Bank was fully satisfied on 03 Nov 2025. was documented.
03 Nov 2025
Director Appointment

The activity Shyam Powar was appointed as a Designated Partner was appointed as a Designated Partner on 25 Apr 2025 & has been associated with this company since 9 months 21 days . was completed.
25 Apr 2025
Annual General Meeting

Progress on Memg Family Office Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records. was documented.
31 Mar 2025
Statement of Assets & Liabilities

Memg Family Office Llp has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was recorded as a recent event.
31 Mar 2025
Charges

The activity A charge with Vistra Itcl (India) Limited amounted to Rs. 175.00 Cr with Charge ID 101068299 was registered on 28 Feb 2025. was completed.
28 Feb 2025
Charges

The activity A charge registered on 21 Jun 2019 via Charge ID 100280165 with Tata Capital Financial Services Limited was fully satisfied on 11 Dec 2024. was completed.
11 Dec 2024

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