- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-33-0057832

About Merecer Melhor Private Limited
Data last updated:
Merecer Melhor Private Limited is a private limited company based in Kalyan, Maharashtra, India. It operates in the leather goods segment of the manufacturing sector. It was incorporated on 10 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U19115MH2018PTC313827. Its GSTIN is 27AAMCM0690B1ZK (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹10,000. It is led by directors Gaurav Anil Khandelwal (Managing Director) and Nitya Khandelwal.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 1st Floor Khandelwal Bhavan Near Hotel Gurudev New Station Rd Kalyan West, Maharashtra, India – 421301.
As per the financials filed for FY 2021, the company reported a revenue of ₹37.41 Lakh, a decline of 53% compared to the previous year. For the same year it recorded a net profit of ₹5,903 (net margin 0.2%) and EBITDA of ₹43,957 (EBITDA margin 1.2%).
Merecer Melhor Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0057832). For more details, the company can be reached via its website merecermelhor.com.
Company details
Recognitions & Rankings of Merecer Melhor
Contact details
Merecer Melhor Private Limited's registered office is in Kalyan, Maharashtra. Its website is merecermelhor.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1st Floor Khandelwal Bhavan Near Hotel Gurudev New Station Rd Kalyan West, Maharashtra, India – 421301
- IndustryManufacturing, Leather Goods
To see the full contact details of Merecer Melhor Private Limited, buy the company report.
- 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
Business activity
The main business activity of Merecer Melhor is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Merecer Melhor Private Limited, buy the company report.
Financials of Merecer Melhor Private Limited
FY 2021 filings availableMerecer Melhor Private Limited reported revenue of ₹37.41 Lakh (down 53% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 53% in the latest year. EBITDA fell 88% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹37.41 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹43,957 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹5,903 | ||
| 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 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 1.2% | ||
| Net Profit Margin | 0.2% | ||
| 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 Merecer Melhor Private Limited, buy the company report.
Board of directors of Merecer Melhor Private Limited
Merecer Melhor has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gaurav Anil Khandelwal Also directs: Merecer Melhor Designs Private Limited | Managing Director | 10 Sep 2018 | 8 Years 1 Months | Current |
| Nitya Khandelwal Also directs: Merecer Melhor Designs Private Limited | Director | 10 Sep 2018 | 8 Years 1 Months | Current |
Peer comparison
Merecer Melhor Private Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Leather), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sandalia Leather Private Limited | ₹38.73 Lakh (FY 2018) | 45.0% | Kozhikode, Kerala, India | |||
| Brumario Leather Company Private Limited | ₹37.57 Lakh (FY 2016) | -89.0% | New Delhi, Delhi, India | |||
| Merecer Melhor Private Limitedthis company | ₹37.41 Lakh (FY 2021) | ₹5,903 | 0.2% | -53.0% | Kalyan, Maharashtra, India | |
| L'atelier Leather Care Etiquettes Private Limited | ₹35.85 Lakh (FY 2025) | 9.0% | Delhi, India | |||
| Pentagon Leather Products Private Limited | ₹35.3 Lakh (FY 2019) | -71.0% | Kolkata, West Bengal, India | |||
| Hike Creations Private Limited | ₹35.14 Lakh (FY 2024) | -6.0% | Jalandhar, Punjab, India |
To see the full peer comparison of Merecer Melhor Private Limited, buy the company report.
Auditor
Merecer Melhor Private Limited is audited by K C SHRIMANKER AND ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K C SHRIMANKER AND ASSOCIATES | FY 2021 | 139616W |
Shareholding
The shareholding of Merecer Melhor Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Merecer Melhor Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Merecer Melhor 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 Merecer Melhor Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Merecer Melhor has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAMCM0690B1ZK | Maharashtra | Active | 24 Oct 2018 |
To see the full GST registrations and return filing status of Merecer Melhor Private Limited, buy the company report.
Recent activity
Merecer Melhor Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Gaurav Anil Khandelwal was appointed as Managing Director on 10 Sep 2018.
Frequently asked questions
Merecer Melhor is an active private limited company based in Kalyan, Maharashtra, India. The company works in leather goods, within the manufacturing industry. It was incorporated on 10 September 2018 (8+ years old) and is registered under CIN U19115MH2018PTC313827.
Merecer Melhor has 2 current directors:
- Gaurav Anil Khandelwal - Managing Director
- Nitya Khandelwal - Director
The latest financial statements of Merecer Melhor on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Merecer Melhor is 27AAMCM0690B1ZK, registered in Maharashtra.
The CIN (Corporate Identification Number) of Merecer Melhor is U19115MH2018PTC313827. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Merecer Melhor was incorporated on 10 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Merecer Melhor by revenue are Sandalia Leather Private Limited, Brumario Leather Company Private Limited, L'atelier Leather Care Etiquettes Private Limited, Pentagon Leather Products Private Limited, Hike Creations Private Limited, all in the Manufacturing industry (Leather), with the same principal business activity (textile, leather and other apparel products).
Gaurav Anil Khandelwal was appointed as Managing Director on 10 Sep 2018. Nitya Khandelwal was appointed as Director on 10 Sep 2018.
Yes, Merecer Melhor is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0057832).
Merecer Melhor can be reached through the website merecermelhor.com. Its registered office is in Kalyan, Maharashtra, India.
The registered office of Merecer Melhor is at 1st Floor Khandelwal Bhavan Near Hotel Gurudev New Station Rd Kalyan West, Maharashtra, India – 421301.

