Merican Funds Limited - Company Profile

It is a financial services public limited company based in Bangalore, Karnataka, India, established in 1985.
1985 Bangalore, Karnataka, India Active
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About Merican Funds Limited

Merican Funds Limited, a active public limited company, was established on 06 November 1985 in Bangalore, Karnataka, India. Engaging in advisory within the financial and insurance service sector, it holds CIN: U65910KA1985PLC007263. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹1.00 Cr.

It upholds a compliant status. Its leadership includes Kamlesh Jitendra Shroff (Director), Mukesh Thakorlal Shroff (Director), Manoj Thakorlal Shroff (Director). Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Samsom Complex 26, Mission Road, Bangalore, Karnataka, 560027.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U65910KA1985PLC007263

  • Registration Number

    007263

  • Incorporation Date

    06 November 1985

  • Authorized Capital

    ₹1.00 Cr

  • Paid-Up Capital

    ₹1.00 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 40 Year, 3 Months
  • Last Filing with ROC 31 Mar 2025
  • Revenue Growth **** -20.00%
  • Profit Growth **** 54.71%
  • Ebitda **** 56.00%
  • Net Worth -0.12%
  • Total Assets **** 1.10%
Company report

Merican Funds Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Merican Funds Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Merican Funds Limited?
Current Directors
Name Designation Appointment Date Status
Kamlesh Jitendra Shroff Director 04 Mar 1992 Current
Mukesh Thakorlal Shroff Director 04 Mar 1992 Current
Manoj Thakorlal Shroff Director 04 Mar 1992 Current

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Financial Performance of Merican Funds.

Merican Funds Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 20% decrease. The company also saw a substantial improvement in profitability, with a 54.71% increase in profit. The company's net worth dipped by a decrease of 0.12%.

Merican Funds revenue growth over time
Merican Funds profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 -20.00%
*******
*******
*******
*******
Revenue from Operations
*******
 -20.00%
*******
*******
*******
*******
Total Assets
*******
 1.10%
*******
*******
*******
*******
Profit or Loss
*******
 54.71%
*******
*******
*******
*******
Net Worth
*******
 -0.12%
*******
*******
*******
*******
EBITDA
*******
 56.00%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Merican Funds?

In 2018, Merican Funds had a promoter holding of 83.14% and a public holding of 16.86%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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How Many Employees Work at Merican Funds?

Unlock and access historical data on people associated with Merican Funds, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Merican Funds, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Merican Funds's trajectory.

Rating
Graph displaying rating trends over time

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Alerts
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Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Merican Funds
Recent Activity within the Organization
  • Annual General Meeting

    The activity Merican Funds Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was completed.

  • Balance Sheet

    The activity Merican Funds Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was completed.

  • Director Appointment

    Kamlesh Jitendra Shroff was appointed as a Director was appointed as a Director on 04 Mar 1992 & has been associated with this company since 33 years 11 months . was recorded as a recent event.

  • Director Appointment

    Mukesh Thakorlal Shroff was appointed as a Director was appointed as a Director on 04 Mar 1992 & has been associated with this company since 33 years 11 months . was recorded as a recent event.

  • Director Appointment

    Manoj Thakorlal Shroff was appointed as a Director was appointed as a Director on 04 Mar 1992 & has been associated with this company since 33 years 11 months . was recorded as a recent event.

  • Company Incorporation

    Progress on Merican Funds Limited was registered on 06 Nov 1985 with Roc Bangalore & aged 40 years 3 months as per MCA records. was documented.

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Frequently Asked Questions
What is the CIN of Merican Funds Limited?

The CIN of Merican Funds Limited is U65910KA1985PLC007263.

Where is Merican Funds Limited headquartered?

Merican Funds Limited is headquartered at Samsom Complex 26, Mission Road, Bangalore, Karnataka, 560027.

When was Merican Funds Limited incorporated?

Merican Funds Limited was incorporated on 06 November 1985.

Who are the current directors of Merican Funds Limited?

The current directors of Merican Funds Limited are

What is the primary industry of Merican Funds Limited?

The primary industry of Merican Funds Limited is Financial And Insurance Service.

Is Merican Funds Limited a listed company?

Merican Funds Limited is unlisted.

What is the capital structure of Merican Funds Limited?

The authorized capital of Merican Funds Limited is ₹1.00 Cr, and the paid-up capital is ₹1.00 Cr.

What is the compliance status of Merican Funds Limited?

The compliance status of Merican Funds Limited is Compliant.

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