Merge Systems Private Limited
About Merge Systems Private Limited
Data last updated:
Merge Systems Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 29 June 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ1987PTC009775. Its GSTIN is 24AABCM0397G2ZM (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors Sujal Rajendrabhai Shroff and Aditya Sujal Shroff.
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 Ff/1 618/3 Infotech Center Nr. Streling Enclave Apartment Nr. Gurudwara Bodakdev, Ahmedabad, Gujarat, India – 380059.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.93 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹6.58 Lakh (net margin 2.2%) and EBITDA of ₹10.3 Lakh (EBITDA margin 3.5%). Revenue has grown at a compounded annual rate (CAGR) of 45% over three years and 47% over five years.
As per MCA filings, the company has satisfied charges of ₹70 Lakh on record. Court records list 5 cases involving the company, including 5 filed by the company; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Merge Systems Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFf/1 618/3 Infotech Center Nr. Streling Enclave Apartment Nr. Gurudwara Bodakdev, Ahmedabad, Gujarat, India – 380059
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Merge Systems 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 Merge Systems is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Merge Systems Private Limited, buy the company report.
Financials of Merge Systems Private Limited
FY 2024 filings availableMerge Systems Private Limited reported revenue of ₹2.93 Cr (up 21% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 47% over five years, including 21% growth in the latest year. EBITDA fell 47% 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 |
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| EBITDA | ₹10.3 Lakh | ||||
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| Net Profit (PAT) | ₹6.58 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 3.5% | ||||
| Net Profit Margin | 2.2% | ||||
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To see the full financial statements and ratios of Merge Systems Private Limited, buy the company report.
Board of directors of Merge Systems Private Limited
Merge Systems has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sujal Rajendrabhai Shroff | Director | 01 Sep 1991 | 35 Years 1 Months | Current |
| Aditya Sujal Shroff Also directs: Aditya Polycare Private Limited | Director | 01 Mar 2016 | 10 Years 7 Months | Current |
Auditor
Merge Systems Private Limited is audited by RMJ & ASSOCIATES LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RMJ & ASSOCIATES LLP | FY 2023 | W100281 |
Shareholding
The shareholding of Merge Systems 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 Merge Systems Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Jul 2004 | 80026528 | Punjab National Bank | ₹70 Lakh | Satisfied |
To see the full charge records of Merge Systems Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Merge Systems Private Limited has 5 court cases on record: 5 filed by Merge Systems. 2 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 2 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Court case (COMP) | Filed by the company against Concept Computers Pvt.Ltd. and 1 other | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed by the company against Desco Components Pvt Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Somnath Sales Corporation - Santosh Mohanlal Jaysval | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against individuals | Pending |
| District court, Ahmedabad, Gujarat | Criminal miscellaneous application | Filed by the company against individuals | Disposed |
To see the full case history of Merge Systems 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 Merge Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Merge Systems has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCM0397G2ZM | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Merge Systems Private Limited, buy the company report.
Recent activity
Merge Systems Private Limited has 4 board changes on record since 1991: 2 appointments and 2 cessations. The latest: Rajendra Ramanlal Shroff ceased to be Director on 04 May 2016.
Frequently asked questions
Merge Systems is an active private limited company based in Ahmedabad, Gujarat, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 29 June 1987 (39+ years old) and is registered under CIN U72200GJ1987PTC009775.
Merge Systems has 2 current directors:
- Sujal Rajendrabhai Shroff - Director
- Aditya Sujal Shroff - Director
The latest financial statements of Merge Systems 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 2015 are in the company report.
The GSTIN of Merge Systems is 24AABCM0397G2ZM, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Merge Systems is U72200GJ1987PTC009775. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Merge Systems has 5 court cases on record: 5 filed by the company. 2 are pending. Most are in the district courts.
Merge Systems was incorporated on 29 June 1987, making it 39+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Rajendra Ramanlal Shroff ceased to be Director on 04 May 2016. Aditya Sujal Shroff was appointed as Director on 01 Mar 2016. Shilpa Sujal Shroff ceased to be Director on 12 May 2007. Merge Systems has 4 board changes on record in total.
The registered office of Merge Systems is at Ff1 6183 Infotech Center Nr. Streling Enclave Apartment Nr. Gurudwara Bodakdev, Ahmedabad, Gujarat, India – 380059.
Merge Systems operates in the chemicals and materials industry, in the chemical distribution and retail segment.