About Meras Plugins Private Limited
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Meras Plugins Private Limited is a private limited company based in Mambalam, Tamil Nadu, India, recognised as a startup by DPIIT. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 28 November 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U31905TN2018PTC126007. Its GSTIN is 33AAMCM2582J1Z7 (Tamil Nadu). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹50.8 Lakh. It is led by directors including Rajamanickam Viveksamynathan and Ragavendra.
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 Iit Madaras Research Park, Mambalam, Tamil Nadu.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.23 Cr, a growth of 43% compared to the previous year. For the same year it recorded a net loss of ₹2.41 Cr (net margin -196.8%) and EBITDA of -₹2.17 Cr (EBITDA margin -176.4%). Revenue has grown at a compounded annual rate (CAGR) of 92% over three years.
The company is associated with 1 brand: PLUGZmart. As per MCA filings, the company has open charges of ₹2.03 Cr and satisfied charges of ₹1.2 Cr on record. The company has 8 deals on record (4 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹5.25 Cr; the latest was in December 2024. Its 10 peer companies in the Consumer Durables industry (Electronic Appliances Manufacturing) are compared by revenue, 5 larger and 5 smaller; the largest is Kerala Gramajyothy Lighting Private Limited with revenue of ₹1.24 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website plugzmart.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Apps
- Registered AddressIit Madaras Research Park No. 1Fa First Floor, Kanagam Road Adayar (Part 1) Guindy, Mambalam, Tamil Nadu, India – 600113
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
- 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 Meras Plugins Private Limited
The main business activity of Meras Plugins is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | 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 Meras Plugins Private Limited FY 2025 filings available
Meras Plugins Private Limited reported revenue of ₹1.23 Cr (up 43% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Meras Plugins Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 92% over three years, including 43% growth in the latest year. EBITDA fell 112% 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 Meras Plugins Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹2.17 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.41 Cr | •••• | •••• | •••• | •••• |
| 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 Meras Plugins Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -176.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -196.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Meras Plugins are in the company report.
Financial statements from FY 2019
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.
Peer Comparison of Meras Plugins Private Limited
Meras Plugins Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kerala Gramajyothy Lighting Private Limited | ₹1.24 Cr (FY 2022) | •••• | •••• | -86.0% | •••• | Kasargod, Kerala, India |
| E-Strada Automobiles India Private Limited | ₹1.24 Cr (FY 2023) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| Baghel Lampshades and Chandeliers Private Limited | ₹1.23 Cr (FY 2025) | •••• | •••• | 533.0% | •••• | Pune, Maharashtra, India |
| Oswin Electricals Private Limited | ₹1.23 Cr (FY 2024) | •••• | •••• | -24.0% | •••• | New Delhi, Delhi, India |
| Infilux Illuminations Private Limited | ₹1.23 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Wardha, Maharashtra, India |
| Meras Plugins Private Limited this company | ₹1.23 Cr (FY 2024) | •••• | •••• | 43.0% | •••• | Mambalam, Tamil Nadu, India |
| Neo-Neon Electrical Private Limited | ₹1.23 Cr (FY 2024) | •••• | •••• | -42.0% | •••• | Delhi, India |
| Vinsure Energy India Private Limited | ₹1.23 Cr (FY 2024) | •••• | •••• | 286.0% | •••• | Bengaluru, Karnataka, India |
| Karan Sales Private Limited | ₹1.22 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | New Delhi, Delhi, India |
| Imetrix Vision Technology India Private Limited | ₹1.22 Cr (FY 2024) | •••• | •••• | -13.0% | •••• | Bangalore, Karnataka, India |
| Parma International Private Limited | ₹1.22 Cr (FY 2024) | •••• | •••• | 6.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Meras Plugins by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Meras Plugins Private Limited
Meras Plugins Private Limited is audited by Kumbhat & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Kumbhat & Co | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Meras Plugins Private Limited
Meras Plugins has 5 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajamanickam Viveksamynathan | Director | 28 Nov 2018 | 7 Years 10 Months | Current |
| Ragavendra | Director | 28 Nov 2018 | 7 Years 10 Months | Current |
| Raghavendar | Director | 31 Aug 2020 | 6 Years 1 Months | Current |
| Venkatachalam Satheesh | Director | 31 Aug 2020 | 6 Years 1 Months | Current |
| Yerabhagha Meera Reddy Also directs: SKCL Property Management Services LLP, SKCL Office Venture LLP, Aalya Venture LLP and 5 more | Director | 14 Dec 2021 | 4 Years 9 Months | Current |
Ownership and Shareholding of Meras Plugins 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 Meras Plugins Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Jul 2025 | Indian Overseas Bank | ₹2 Cr | Open |
| 23 Jul 2024 | Others | ₹2.97 Lakh | Open |
| 30 Sep 2023 | State Bank of India | ₹1.2 Cr | Satisfied |
Total charge records: 3 View all charges
Deals & Funding of Meras Plugins Private Limited
Meras Plugins Private Limited has 8 deals on record (4 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹5.25 Cr; the latest was in December 2024.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Rights issue | ₹4 Cr | Investors: Visalam Environmental Services LLP , Visalam Energy Solutions Private Limited , 2 individuals |
| Feb 2023 | Secondary share transfer | Undisclosed | Buyer: Rural Technology Business Incubator (RTBI) IIT Madras Seller: 4 individuals |
| Dec 2022 | Funding round · Seed | ₹3.63 Cr | Investors: BlueHill Capital, 3 individuals |
| Jun 2022 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| May 2022 | Funding round | ₹28.8 Lakh | Investors: 4 individuals |
Full deal history
All 8 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Meras Plugins Private Limited
Meras Plugins operates one associated brand: PLUGZmart. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| EV charging stations and infrastructure solutions are offered online. | plugzmart.com |
Employees and EPFO Compliance at Meras Plugins Private Limited
Employment history and EPFO contributions of people linked to Meras Plugins.
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 Meras Plugins Private Limited
Meras Plugins Private Limited has 10 board changes on record since 2018: 5 appointments and 5 cessations. The latest: Yerabhagha Meera Reddy ceased to be Additional Director on 30 Sep 2022.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Meras Plugins 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 Meras Plugins 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 Meras Plugins 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 Meras Plugins Private Limited
Meras Plugins has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAMCM2582J1Z7 | Tamil Nadu | Active | 01 Feb 2019 |
| 33AAMCM2582J1CI | Tamil Nadu | Active | 01 Jun 2024 |
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 Meras Plugins 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 Meras Plugins Private Limited
Meras Plugins is an active private limited company based in Mambalam, Tamil Nadu, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 28 November 2018 (8+ years old) and is registered under CIN U31905TN2018PTC126007.
Meras Plugins reported revenue of ₹1.23 Cr for FY 2024 (up 43% YoY).
Meras Plugins has 5 current directors:
- Rajamanickam Viveksamynathan - Director
- Ragavendra - Director
- Raghavendar - Director
- Venkatachalam Satheesh - Director
- Yerabhagha Meera Reddy - Director
Meras Plugins reported a net loss of ₹2.41 Cr (net margin -196.8%) and EBITDA of -₹2.17 Cr (EBITDA margin -176.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Meras Plugins is 92% over three years. In the latest year (FY 2024) revenue rose 43%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Meras Plugins is 33AAMCM2582J1Z7, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AAMCM2582J1CI (Tamil Nadu).
The CIN (Corporate Identification Number) of Meras Plugins is U31905TN2018PTC126007. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Meras Plugins was incorporated on 28 November 2018, making it 8+ years old. It is registered with the Registrar of Companies, Chennai.
Meras Plugins has 8 deals on record (4 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹5.25 Cr; the latest was in December 2024.
The peers of Meras Plugins by revenue are Kerala Gramajyothy Lighting Private Limited, E-Strada Automobiles India Private Limited, Baghel Lampshades and Chandeliers Private Limited, Oswin Electricals Private Limited, Infilux Illuminations Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Manufacturing).
Yerabhagha Meera Reddy ceased to be Additional Director on 30 Sep 2022. Yerabhagha Meera Reddy was appointed as Director on 14 Dec 2021. Raghavendar ceased to be Additional Director on 31 Dec 2020. Meras Plugins has 10 board changes on record in total.