Meridian Electronics Private Limited
About Meridian Electronics Private Limited
Data last updated:
Meridian Electronics Private Limited is a private limited company based in Batarayanapura, Karnataka, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 23 June 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U32109KA2000PTC027330. Its GSTIN is 29AACCM1881G1ZD (Karnataka).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Etagi Mahalingesh Ganapathi and Rudraradhya Rajeshwari.
Its last annual general meeting (AGM) was held on 21 October 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No. 12/3 1st Main Road Avalahalli, Batarayanapura, Karnataka, India – 560026.
As per the financials filed for FY 2024, the company reported a revenue of ₹76.47 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹7.21 Lakh (net margin -9.4%) and EBITDA of -₹5.56 Lakh (EBITDA margin -7.3%). Revenue has declined at a compounded annual rate (CAGR) of 299% over three years and 6% over five years.
Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressNo. 12/3 1st Main Road Avalahalli, Batarayanapura, Karnataka, India – 560026
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Meridian Electronics Private Limited
The main business activity of Meridian Electronics is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Meridian Electronics Private Limited FY 2024 filings available
Meridian Electronics Private Limited reported revenue of ₹76.47 Lakh (up 382334800% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Meridian Electronics Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years. EBITDA fell 211% 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 of Meridian Electronics Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹5.56 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹7.21 Lakh | •••• | •••• | •••• | •••• |
| 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 of Meridian Electronics Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -7.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -9.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Meridian Electronics are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Meridian Electronics Private Limited
Meridian Electronics Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sai Vision Multitasking Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Live Healthy Solutions Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Zonik Electric India Private Limited | •••• | •••• | •••• | •••• | - | Kannur, Kerala, India |
| Andy Home Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| U.S. Electricals Private Limited | •••• | •••• | •••• | •••• | - | Ambattur, Tamil Nadu, India |
| Meridian Electronics Private Limited this company | •••• | •••• | •••• | •••• | - | Batarayanapura, Karnataka, India |
| Techxcellence Engineeres Private Limited | •••• | •••• | •••• | •••• | - | Navi Mumbai, Maharashtra, India |
| Ghatal Mobile Care Private Limited | •••• | •••• | •••• | •••• | - | Medinipur, West Bengal, India |
| Sri Saihema Exports Private Limited | •••• | •••• | •••• | •••• | - | Tambaram, Tamil Nadu, India |
| Nexone Retail Private Limited | •••• | •••• | •••• | •••• | - | Calicut, Kerala, India |
| Magicbox Retail Private Limited | •••• | •••• | •••• | •••• | - | Lucknow, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Meridian Electronics by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Meridian Electronics Private Limited
Meridian Electronics Private Limited is audited by M C SHEKAR & CO for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M C SHEKAR & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Meridian Electronics Private Limited
Meridian Electronics 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 |
|---|---|---|---|---|
| Etagi Mahalingesh Ganapathi | Director | 23 Jun 2000 | 26 Years 3 Months | Current |
| Rudraradhya Rajeshwari | Director | 11 Jan 2017 | 9 Years 8 Months | Current |
Ownership and Shareholding of Meridian Electronics Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Meridian Electronics Private Limited
Meridian Electronics Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Meridian Electronics Private Limited
Meridian Electronics Private Limited has 2 court cases on record: 2 filed by Meridian Electronics. All cases are disposed. Status as checked on 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Writ petition | Filed by the company against an individual | Disposed |
| Madras High Court | Court case (WPMP) | Filed by the company against an individual | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Meridian Electronics Private Limited
Employment history and EPFO contributions of people linked to Meridian Electronics.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Meridian Electronics Private Limited
Meridian Electronics Private Limited has 4 board changes on record since 2000: 3 appointments and 1 cessation. The latest: Rudraradhya Rajeshwari ceased to be Additional Director on 30 Sep 2017.
Credit Ratings, Litigation & Regulatory Alerts for Meridian Electronics Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Meridian Electronics Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Meridian Electronics Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Meridian Electronics Private Limited
Meridian Electronics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCM1881G1ZD | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Meridian Electronics Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Meridian Electronics Private Limited
Meridian Electronics is an active private limited company based in Batarayanapura, Karnataka, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 23 June 2000 (26+ years old) and is registered under CIN U32109KA2000PTC027330.
Meridian Electronics reported revenue of ₹76.47 Lakh for FY 2024 (up 382334800% YoY).
Meridian Electronics has 2 current directors:
- Etagi Mahalingesh Ganapathi - Director
- Rudraradhya Rajeshwari - Director
Meridian Electronics reported a net loss of ₹7.21 Lakh (net margin -9.4%) and EBITDA of -₹5.56 Lakh (EBITDA margin -7.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Meridian Electronics is 299% over three years and -6% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Meridian Electronics is 29AACCM1881G1ZD, registered in Karnataka.
The CIN (Corporate Identification Number) of Meridian Electronics is U32109KA2000PTC027330. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Meridian Electronics has 2 court cases on record: 2 filed by the company.
Meridian Electronics was incorporated on 23 June 2000, making it 26+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Meridian Electronics by revenue are Sai Vision Multitasking Private Limited, Live Healthy Solutions Private Limited, Zonik Electric India Private Limited, Andy Home Private Limited, U.S. Electricals Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution).
Rudraradhya Rajeshwari ceased to be Additional Director on 30 Sep 2017. Rudraradhya Rajeshwari was appointed as Director on 11 Jan 2017. Deepak Gopal Rao was appointed as Director on 23 Jun 2000. Meridian Electronics has 4 board changes on record in total.