Merative Technologies India Private Limited

Merative Technologies India Private Limited - information technology in Bangalore, Karnataka, India. Directors, charges & compliance details.
CIN U62099KA2023FTC172337 Incorporated 16 April 2023 ROC Bangalore HQ Bangalore, Karnataka, India
Active Foreign Private Limited Company information technology
Data last updated
Revenue · FY 2025
₹145.05 Cr
▲ 47% YoY
Net loss · FY 2025
₹19.9 Cr
Net margin -13.7%
EBITDA · FY 2025
-₹5.94 Cr
EBITDA margin -4.1%
Authorised capital
₹56 Cr
Registered with MCA
Paid-up capital
₹55.99 Cr
Issued & subscribed
Company age
3 yrs
Est. 2023
Directors on board
3
As per MCA filings
Active GSTINs
3
GST registered

About Merative Technologies India Private Limited

Data last updated:

Merative Technologies India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 16 April 2023.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U62099KA2023FTC172337. Its GSTIN is 29AAQCM7474H1ZO (Karnataka). The company holds 3 GST registrations, all of them active.

The company has an authorised share capital of ₹56 Cr and a paid-up capital of ₹55.99 Cr. It is led by directors including Brian Bernard Bonner Jr and Gerald Michael Mc Carthy Jr.

Its last annual general meeting (AGM) was held on 05 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 52 Mfar Manyata Tech Park, Bangalore, Karnataka.

As per the financials filed for FY 2025, the company reported a revenue of ₹145.05 Cr, a growth of 47% compared to the previous year. For the same year it recorded a net loss of ₹19.9 Cr (net margin -13.7%) and EBITDA of -₹5.94 Cr (EBITDA margin -4.1%).

The company is associated with 1 brand: Merative.

For more details, the company can be reached via its website merative.com.

Company Details of Merative Technologies India Private Limited
CIN U62099KA2023FTC172337
Registration Number 172337
Incorporation Date 16 April 2023
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 05 August 2025
Date of Balance Sheet 31 March 2025
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
  • Registered Address
    3rd Floor # 52 Mfar Manyata Tech Park, Nagavara, Bangalore, Karnataka, India – 560045
  • Industry
    Information Technology, IT Consulting & Support Services
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Financials, compliance, directors, charges, ownership and filings for Merative Technologies India Private Limited in one report.

Financials from FY 2024 Directors & ownership Charges & compliance

Business Activity of Merative Technologies India Private Limited

The main business activity of Merative Technologies India is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
JInformation and communicationJ6Computer programming, consultancy and related activitiesLocked
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Financials of Merative Technologies India Private Limited FY 2025 filings available

Merative Technologies India Private Limited reported revenue of ₹145.05 Cr (up 47% YoY) for FY 2025.

Revenue · FY 2025
₹145.05 Cr ▲ 47%
Net loss · FY 2025
₹19.9 Cr margin -13.7%
EBITDA · FY 2025
-₹5.94 Cr margin -4.1%

Compounded Annual Growth Rate (CAGR) of Merative Technologies India Private Limited

Revenue CAGR growth
1 year
▲ 47%
EBITDA CAGR growth
1 year
▲ 22%

Revenue rose 47% in the latest year. EBITDA rose 22% in the latest year. All are worked out from the filed statements.

Financial Statement Summary of Merative Technologies India Private Limited

MetricsFY 2024-25FY 2023-24
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-₹5.94 Cr••••
Profit Before Tax••••••••
Tax Expense••••••••
Net Profit (PAT)-₹19.9 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 Merative Technologies India Private Limited

MetricsFY 2024-25FY 2023-24
Profitability
EBITDA Margin-4.1%••••
Net Profit Margin-13.7%••••
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 Merative Technologies India are in the company report.

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Financial statements from FY 2024

Earlier years and trend charts are in the company report.

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Peer Comparison of Merative Technologies India Private Limited

Merative Technologies India Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
U.P.Electronics Corporation Limited₹146.08 Cr (FY 2021)••••••••-25.0%••••Uttar Pradesh, India
Hurix Systems Private Limited₹145.73 Cr (FY 2025)••••••••6.0%••••Mumbai, Maharashtra, India
NTS Technology Services Private Limited₹145.54 Cr (FY 2025)••••••••18.0%••••Bangalore, Karnataka, India
Panasonic Avionics India Private Limited₹145.35 Cr (FY 2025)••••••••1872.0%••••Pune, Maharashtra, India
Brevo CRM Solutions Private Limited₹145.26 Cr (FY 2025)••••••••321.0%••••Noida, Uttar Pradesh, India
Merative Technologies India Private Limited this company₹145.05 Cr (FY 2025)••••••••47.0%••••Bangalore, Karnataka, India
Sybase Software (India) Private Limited₹144.95 Cr (FY 2020)••••••••-3.0%••••Bangalore, Karnataka, India
MSG Global Solutions India Private Limited₹144.89 Cr (FY 2025)••••••••10.0%••••Bangalore, Karnataka, India
Edifecs Technologies Private Limited₹144.65 Cr (FY 2025)••••••••51.0%••••Mohali, Punjab, India
Emerson Process Management Power and Water Solutions India Private Limited₹144.49 Cr (FY 2025)••••••••2.0%••••New Delhi, Delhi, India
Innoviti Technologies Private Limited₹144.45 Cr (FY 2025)••••••••32.0%••••Bangalore, Karnataka, India

Peers are the five companies nearest above and the five nearest below Merative Technologies India by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Board of Directors of Merative Technologies India Private Limited

Merative Technologies India has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Brian Bernard Bonner JrDirector23 Nov 20232 Years 10 MonthsCurrent
Gerald Michael Mc Carthy JrDirector23 Nov 20232 Years 10 MonthsCurrent
Dipu GopinathDirector21 Jun 20242 Years 3 MonthsCurrent

Charges & Borrowings of Merative Technologies India Private Limited

Merative Technologies India Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Associated Brands with Merative Technologies India Private Limited

Merative Technologies India operates one associated brand: Merative. Each brand links to its own profile.

BrandDescriptionWebsite
Provider of healthcare data and analytics platform for the health industrymerative.com

Employees and EPFO Compliance at Merative Technologies India Private Limited

Employment history and EPFO contributions of people linked to Merative Technologies India.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Merative Technologies India Private Limited

Merative Technologies India Private Limited has 11 board changes on record since 2023: 6 appointments and 5 cessations. The latest: Veena Kannan was appointed as Company Secretary on 14 Oct 2024.

AGM
Merative Technologies India Private Limited last Annual general meeting of members was held on 05 Aug 2025 as per latest MCA records.
Filing
Merative Technologies India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Veena Kannan was appointed as Company Secretary.
Ceased
Brian Bernard Bonner Jr ceased to be Additional Director.
Ceased
Dipu Gopinath ceased to be Additional Director.
Ceased
Gerald Michael Mc Carthy Jr ceased to be Additional Director.
Ceased
Rama Chandra Dash ceased to be Director.
Appointed
Dipu Gopinath was appointed as Director.
Ceased
Babbili Shivaprasad ceased to be Director.
Appointed
Brian Bernard Bonner Jr was appointed as Director.
Appointed
Gerald Michael Mc Carthy Jr was appointed as Director.
Appointed
Babbili Shivaprasad was appointed as Non- Individual Subscriber.

2 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Merative Technologies India Private Limited

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Credit ratings, litigation, and regulatory alerts

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MSME Payment Delays by Merative Technologies India Private Limited

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MSME payment history

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Subsidiaries & Group Companies of Merative Technologies India Private Limited

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Corporate group structure

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GST Compliance of Merative Technologies India Private Limited

Merative Technologies India has 3 GST registrations: 3 active.

Total GSTINs
3
Active
3
GSTINStateStatusRegistered on
29AAQCM7474H1ZOKarnatakaActive02 May 2023
36AAQCM7474H1ZTTelanganaActive16 Apr 2023
33AAQCM7474H1ZZTamil NaduActive18 Jul 2023
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Merative Technologies India Private Limited

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MCA filings and documents

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Frequently Asked Questions about Merative Technologies India Private Limited

Merative Technologies India is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 16 April 2023 (3+ years old) and is registered under CIN U62099KA2023FTC172337.

Merative Technologies India reported revenue of ₹145.05 Cr for FY 2025 (up 47% YoY).

Merative Technologies India has 3 current directors:

Merative Technologies India reported a net loss of ₹19.9 Cr (net margin -13.7%) and EBITDA of -₹5.94 Cr (EBITDA margin -4.1%) for FY 2025, as per its filed financial statements.

The GSTIN of Merative Technologies India is 29AAQCM7474H1ZO, registered in Karnataka. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 36AAQCM7474H1ZT (Telangana), 33AAQCM7474H1ZZ (Tamil Nadu).

The CIN (Corporate Identification Number) of Merative Technologies India is U62099KA2023FTC172337. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Merative Technologies India was incorporated on 16 April 2023, making it 3+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Merative Technologies India by revenue are U.P.Electronics Corporation Limited, Hurix Systems Private Limited, NTS Technology Services Private Limited, Panasonic Avionics India Private Limited, Brevo CRM Solutions Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).

Veena Kannan was appointed as Company Secretary on 14 Oct 2024. Brian Bernard Bonner Jr ceased to be Additional Director on 12 Sep 2024. Dipu Gopinath ceased to be Additional Director on 12 Sep 2024. Merative Technologies India has 11 board changes on record in total.

Merative Technologies India can be reached through the website merative.com. Its registered office is in Bangalore, Karnataka, India.

The registered office of Merative Technologies India is at 3rd Floor # 52 Mfar Manyata Tech Park, Nagavara, Bangalore, Karnataka, India – 560045.

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