MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-26-0044488
Meraqui Ventures Private Limited - business outsourcing in Jamnagar, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹104.58 Cr
▲ 51% YoY
Net profit · FY 2024
₹79.73 Lakh
Net margin 0.8%
EBITDA · FY 2024
₹2.34 Cr
EBITDA margin 2.2%
Authorised capital
₹1.11 Cr
Registered with MCA
Paid-up capital
₹1.01 Cr
Issued & subscribed
Open charges
₹40.6 Cr
Satisfied ₹2 Cr
Company age
9 yrs
Est. 2017
Employees · EPFO
6,375
Provident fund records
About Meraqui Ventures Private Limited
Data last updated:
Meraqui Ventures Private Limited is a private limited company based in Jamnagar, Gujarat, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 05 June 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2017PTC097749. Its GSTIN is 24AAHCC0391E1Z1 (Gujarat). The company holds 7 GST registrations, all of them active.
The company has an authorised share capital of ₹1.11 Cr and a paid-up capital of ₹1.01 Cr. It was formerly known as Creditech Software Services Private Limited and Meraqui Technology Private Limited. It is led by directors Kishor Sajanmal Maheshwari and Lalit Gunjan Singh.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 4th Floor Sujal House Park Colony Main Road, Jamnagar, Gujarat, India – 361008.
As per the financials filed for FY 2024, the company reported a revenue of ₹104.58 Cr, a growth of 51% compared to the previous year. For the same year it recorded a net profit of ₹79.73 Lakh (net margin 0.8%) and EBITDA of ₹2.34 Cr (EBITDA margin 2.2%). Revenue has grown at a compounded annual rate (CAGR) of 84% over three years and 266% over five years.
The company has about 6,375 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Meraqui. As per MCA filings, the company has open charges of ₹40.6 Cr and satisfied charges of ₹2 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending. The company has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹10 Cr; the latest was in March 2023. Its 4 peer companies in the Outsourcing industry (HR Outsourcing), with the same principal business activity (placement agencies and hr management services) are compared by revenue, 1 larger and 3 smaller; the largest is Thrivera Staffing Services Private Limited with revenue of ₹106.08 Cr.
Meraqui Ventures Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0044488). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website meraqui.com.
Company details
CIN U72900GJ2017PTC097749
Registration Number 097749
Incorporation Date 05 June 2017
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-26-0044488
Name history
Meraqui Ventures has undergone 4 name changes throughout its history. The current legal name is Meraqui Ventures Private Limited.
| Company Name | Status |
|---|---|
| Meraqui Ventures Private Limited | Current |
| Creditech Software Services Private Limited | Previous |
| Meraqui Technology Private Limited | Previous |
| Meraqui Technologies Private Limited | Previous |
| Iconskills Private Limited | Previous |
Recognitions & Rankings of Meraqui Ventures
Contact details
Meraqui Ventures Private Limited's registered office is in Jamnagar, Gujarat. Its website is meraqui.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address4th Floor Sujal House Park Colony Main Road, Jamnagar, Gujarat, India – 361008
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Meraqui Ventures Private Limited, buy the company report.
Comprehensive company report
Meraqui Ventures 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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Brands
Meraqui Ventures operates one associated brand: Meraqui. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of workforce as a service platform | meraqui.com |
Business activity
The main business activity of Meraqui Ventures is support service to organizations. In detail, this covers placement agencies and hr management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services |
To see the full business activity and turnover split of Meraqui Ventures Private Limited, buy the company report.
Financials of Meraqui Ventures Private Limited
FY 2024 filings availableMeraqui Ventures Private Limited reported revenue of ₹104.58 Cr (up 51% YoY) for FY 2024.
Revenue · FY 2024
₹104.58 Cr ▲ 51%
Net profit · FY 2024
₹79.73 Lakh margin 0.8%
EBITDA · FY 2024
₹2.34 Cr margin 2.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 51%
3 years · compounded
▲ 84%
5 years · compounded
▲ 266%
EBITDA CAGR growth
1 year
▲ 24%
3 years · compounded
▲ 136%
5 years · compounded
▲ 102%
Revenue has grown at a compounded annual rate (CAGR) of 266% over five years, including 51% growth in the latest year. EBITDA rose 24% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹104.58 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.34 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹79.73 Lakh | ||||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.2% | ||||
| Net Profit Margin | 0.8% | ||||
| 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 | |||||
To see the full financial statements and ratios of Meraqui Ventures Private Limited, buy the company report.
Board of directors of Meraqui Ventures Private Limited
Meraqui Ventures has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kishor Sajanmal Maheshwari Also directs: Eds Skills LLP, First Mile Consulting Private Limited | Director | 12 May 2022 | 4 Years 6 Months | Current |
| Lalit Gunjan Singh Also directs: First Mile Consulting Private Limited | Director | 01 Jun 2020 | 6 Years 5 Months | Current |
Peer comparison
Meraqui Ventures Private Limited is compared with the 4 companies closest to it by revenue in the Outsourcing industry (HR Outsourcing), with the same principal business activity (placement agencies and hr management services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Thrivera Staffing Services Private Limited | ₹106.08 Cr (FY 2025) | 41.0% | New Delhi, Delhi, India | |||
| Meraqui Ventures Private Limitedthis company | ₹104.58 Cr (FY 2024) | ₹79.73 Lakh | 0.8% | 51.0% | 6,375 | Jamnagar, Gujarat, India |
| Bellfast Management Private Limited | ₹103.92 Cr (FY 2025) | 26.0% | Bangalore, Karnataka, India | |||
| RS HR Team Solutions Private Limited | ₹103.31 Cr (FY 2024) | -51.0% | Mumbai, Maharashtra, India | |||
| Classic Manpower Operations Private Limited | ₹102.47 Cr (FY 2025) | 3.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Meraqui Ventures Private Limited, buy the company report.
Auditor
Meraqui Ventures Private Limited is audited by Gohel & Associates LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Gohel & Associates LLP | FY 2024 | W100162 |
Shareholding
The shareholding of Meraqui Ventures Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Meraqui Ventures Private Limited, buy the company report.
Charges & borrowings
Open charges
₹40.6 Cr
Satisfied charges
₹2 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Sep 2025 | 101158344 | Bank of India | ₹30 Lakh | Open | |
| 21 Apr 2025 | 101107953 | Others | ₹20 Cr | Open | |
| 22 Aug 2024 | 100974655 | Others | ₹30 Lakh | Open | |
| 19 Sep 2022 | 100617730 | Others | ₹20 Cr | Open | |
| 22 Jul 2022 | 100598559 | Others | ₹2 Cr | Satisfied |
To see the full charge records of Meraqui Ventures Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Meraqui Ventures Private Limited has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹10 Cr; the latest was in March 2023.
Total deals
5
Secondary share transfers
3
Funding rounds
2
Disclosed funding
₹10 Cr
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Funding round | ₹9 Cr | Investors: Bazaloni Group Limited |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 2 individuals |
| Mar 2021 | Funding round · Series A | ₹1 Cr | Investors: an individual |
| Jun 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Meraqui Ventures Private Limited has 1 court case on record: 1 filed by Meraqui Ventures. All case is pending.
Total cases
1
Filed by the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Ref.IDA) | Filed by the company against an individual | Pending |
To see the full case history of Meraqui Ventures Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Meraqui Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Meraqui Ventures Private Limited has a workforce of 6,375 employees on its EPFO records as of May 2026, across 6 active EPFO establishments.
Employee count
6,375
Active EPFO establishments
6
Employee growth
59.8%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 6,375 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 |
To see the full employee and EPFO history of Meraqui Ventures Private Limited, buy the company report.
GST
Meraqui Ventures has 7 GST registrations: 7 active. The first 4 active GSTINs are listed below.
Total GSTINs
7
Active
7
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCC0391E1Z1 | Gujarat | Active | 01 Sep 2018 |
| 19AAHCC0391E1ZS | West Bengal | Active | 31 Jul 2022 |
| 29AAHCC0391E1ZR | Karnataka | Active | 23 Aug 2023 |
| 27AAHCC0391E1ZV | Maharashtra | Active | 24 May 2024 |
To see the full GST registrations and return filing status of Meraqui Ventures Private Limited, buy the company report.
Recent activity
Meraqui Ventures Private Limited has 7 board changes on record since 2018: 2 appointments and 5 cessations. The latest: Sudarshan Jadwal ceased to be Additional Director on 29 Sep 2023.
Charges
A charge with Bank Of India amounted to Rs. 0.30 Cr with Charge ID 101158344 was registered on 24 Sep 2025.
Charges
A charge with Others amounted to Rs. 20.00 Cr with Charge ID 101107953 was registered on 21 Apr 2025.
AGM
Meraqui Ventures Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others of Rs. 20.00 Cr registered on 19 Sep 2022 with Charge ID 100617730 was modified on 27 Sep 2024.
Charges
A charge with Others amounted to Rs. 0.30 Cr with Charge ID 100974655 was registered on 22 Aug 2024.
Filing
Meraqui Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Ceased
Sudarshan Jadwal ceased to be Additional Director.
Charges
A charge registered on 22 Jul 2022 via Charge ID 100598559 with Others was fully satisfied on 12 Oct 2022.
Charges
A charge with Others amounted to Rs. 20.00 Cr with Charge ID 100617730 was registered on 19 Sep 2022.
Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100598559 was registered on 22 Jul 2022.
Appointed
Kishor Sajanmal Maheshwari was appointed as Director.
Ceased
Shalin Maheshwari ceased to be Director.
5 earlier events are in the company report.
Frequently asked questions
Meraqui Ventures is an active private limited company based in Jamnagar, Gujarat, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 05 June 2017 (9+ years old) and is registered under CIN U72900GJ2017PTC097749.
Meraqui Ventures has 2 current directors:
- Kishor Sajanmal Maheshwari - Director
- Lalit Gunjan Singh - Director
The latest financial statements of Meraqui Ventures on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Meraqui Ventures is 24AAHCC0391E1Z1, registered in Gujarat. The company has 7 GST registrations in all, of which 7 are active. Other active GSTINs include 19AAHCC0391E1ZS (West Bengal), 29AAHCC0391E1ZR (Karnataka), 27AAHCC0391E1ZV (Maharashtra).
The CIN (Corporate Identification Number) of Meraqui Ventures is U72900GJ2017PTC097749. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Meraqui Ventures has 1 court case on record: 1 filed by the company. 1 is pending.
Meraqui Ventures was incorporated on 05 June 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Meraqui Ventures has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹10 Cr; the latest was in March 2023.
The peers of Meraqui Ventures by revenue are Thrivera Staffing Services Private Limited, Bellfast Management Private Limited, RS HR Team Solutions Private Limited, Classic Manpower Operations Private Limited, all in the Outsourcing industry (HR Outsourcing), with the same principal business activity (placement agencies and hr management services).
Sudarshan Jadwal ceased to be Additional Director on 29 Sep 2023. Kishor Sajanmal Maheshwari was appointed as Director on 12 May 2022. Shalin Maheshwari ceased to be Director on 12 May 2022. Meraqui Ventures has 7 board changes on record in total.
Yes, Meraqui Ventures is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-26-0044488).
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