
About Meredith India Services Private Limited
Data last updated:
Meredith India Services Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Ti International Holdings Inc. It operates in the business support services segment of the business services sector. It was incorporated on 24 November 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2011FTC061339. Its GSTIN is 29AAECT0427B1ZQ (Karnataka).
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹5.74 Lakh. It was formerly known as Time Analytic & Shared Services Private Limited and Tas Analytic Services Private Limited. It is led by directors including Naushad Bahadur Pastakia and Riyaz Aftab Sayed.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹151.42 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹24.73 Cr (net margin 16.3%) and EBITDA of ₹36.51 Cr (EBITDA margin 24.1%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 9% over five years.
The company has about 419 employees on its provident fund (EPFO) records.
Court records list 1 case involving the company, including 1 filed by the company. The company has 1 deal on record (1 funding round), with disclosed funding of ₹3.56 Cr; the latest was in July 2012.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website timeincindia.com.
Company details
Name history
Meredith India Services has undergone 2 name changes throughout its history. The company was previously known as Time Analytic & Shared Services Private Limited, and Tas Analytic Services Private Limited. The current legal name is Meredith India Services Private Limited.
| Company Name | Status |
|---|---|
| Meredith India Services Private Limited | Current |
| Time Analytic & Shared Services Private Limited | Previous |
| Tas Analytic Services Private Limited | Previous |
Contact details
Meredith India Services Private Limited's registered office is in Bangalore, Karnataka. Its website is timeincindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressEcoworld Plot C1, Campus 8A 5th Floor Outer Ring Road, Bangalore, Karnataka, India – 560103
- IndustryBusiness Services, Business Support Services
To see the full contact details of Meredith India Services 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 Meredith India Services is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal |
To see the full business activity and turnover split of Meredith India Services Private Limited, buy the company report.
Financials of Meredith India Services Private Limited
FY 2025 filings availableMeredith India Services Private Limited reported revenue of ₹151.42 Cr (up 20% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 20% growth in the latest year. EBITDA rose 44% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹36.51 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹24.73 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 24.1% | ||||
| Net Profit Margin | 16.3% | ||||
| 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 Meredith India Services Private Limited, buy the company report.
Board of directors of Meredith India Services Private Limited
Meredith India Services has 4 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naushad Bahadur Pastakia | Director | 15 Jan 2019 | 7 Years 9 Months | Current |
| Riyaz Aftab Sayed | Director | 05 Feb 2019 | 7 Years 8 Months | Current |
| Aldrin Stephen Luiz | Director | 13 Feb 2019 | 7 Years 8 Months | Current |
| Jeffrey Lee Spitzer | Director | 02 Dec 2022 | 3 Years 10 Months | Current |
Auditor
Meredith India Services Private Limited is audited by S.R. Batliboi & Associates Llp for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. Batliboi & Associates Llp | FY 2023 | 101049W/E300004 |
Shareholding
The shareholding of Meredith India Services Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Meredith India Services Private Limited, buy the company report.
Deals & funding
Meredith India Services Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹3.56 Cr; the latest was in July 2012.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2012 | Funding round | ₹3.56 Cr | Investors: Ti International Holdings Inc, Ti Asia Holdings Inc |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Meredith India Services Private Limited has 1 court case on record: 1 filed by Meredith India Services. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Bengaluru | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Meredith India Services 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 Meredith India Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Meredith India Services Private Limited has a workforce of 419 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Meredith India Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECT0427B1ZQ | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Meredith India Services Private Limited, buy the company report.
Recent activity
Meredith India Services Private Limited has 24 board changes on record since 2013: 4 appointments and 20 cessations. The latest: Jeffrey Lee Spitzer ceased to be Additional Director on 20 Sep 2023.
15 earlier events are in the company report.
Frequently asked questions
Meredith India Services is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in business support services, within the business services industry. It was incorporated on 24 November 2011 (15+ years old) and is registered under CIN U72900KA2011FTC061339.
Meredith India Services has 4 current directors:
- Naushad Bahadur Pastakia - Director
- Riyaz Aftab Sayed - Director
- Aldrin Stephen Luiz - Director
- Jeffrey Lee Spitzer - Director
The latest financial statements of Meredith India Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Meredith India Services is 29AAECT0427B1ZQ, registered in Karnataka.
The CIN (Corporate Identification Number) of Meredith India Services is U72900KA2011FTC061339. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Meredith India Services has 1 court case on record: 1 filed by the company.
Meredith India Services was incorporated on 24 November 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
Meredith India Services has 1 deal on record (1 funding round), with disclosed funding of ₹3.56 Cr; the latest was in July 2012.
Jeffrey Lee Spitzer ceased to be Additional Director on 20 Sep 2023. Jeffrey Lee Spitzer was appointed as Director on 02 Dec 2022. Kevin Michael Wagner ceased to be Director on 03 Oct 2022. Meredith India Services has 24 board changes on record in total.
Meredith India Services can be reached through the website timeincindia.com. Its registered office is in Bangalore, Karnataka, India.