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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
Last Updated:

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 01 August 2024, with the balance sheet filed on 31 March 2024. It is based at Samsom Complex 26, Mission Road, Bangalore, Karnataka, 560027.

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 Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 40 Year, 25 Days
  • Last Filing with ROC 31 Mar 2024
  • 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

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

NameDesignationAppointment DateStatus
Kamlesh Jitendra ShroffDirector04 Mar 1992Current
Mukesh Thakorlal ShroffDirector04 Mar 1992Current
Manoj Thakorlal ShroffDirector04 Mar 1992Current

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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
  • 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%

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 Indicator graph

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Charges (Loans)

There are no open charges registered against the company as per our records.

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 growth trends for Merican Funds Limited

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

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

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.

Latest Updates, News, and FAQs on Merican Funds

Recent Activity within the Organization

  • Annual General Meeting

    Merican Funds Limited last Annual general meeting of members was held on 01 Aug 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Merican Funds Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was recorded as a recent event.

  • Director Appointment

    Progress on 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 8 months . was documented.

  • Director Appointment

    Progress on 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 8 months . was documented.

  • Director Appointment

    The activity 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 8 months . was completed.

  • Company Incorporation

    Merican Funds Limited was registered on 06 Nov 1985 with Roc Bangalore & aged 40 years 25 days as per MCA records. was recorded as a recent event.

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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