Meridian Retails Private Limited
About Meridian Retails Private Limited
Data last updated:
Meridian Retails Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the consultancy services segment of the financial services sector. It was incorporated on 11 February 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U52100WB2009PTC132608.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5.59 Lakh. It is led by directors Vikash Baheti and Binod Kumar Baheti.
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 P – 250A Cit Road Scheme Vim Raju Baheti 4th Floor, Kolkata, West Bengal, India – 700054.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.08 Lakh, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹2,061 (net margin 1%) and EBITDA of ₹12,140 (EBITDA margin 5.9%). Revenue has declined at a compounded annual rate (CAGR) of 102% over three years and 5% over five years.
Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Meridian Retails Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressP – 250A Cit Road Scheme Vim Raju Baheti 4th Floor, Kolkata, West Bengal, India – 700054
- IndustryFinancial Services, Consultancy, Advisory, Financial Brokerage
To see the full contact details of Meridian Retails 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 Meridian Retails is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Meridian Retails Private Limited, buy the company report.
Financials of Meridian Retails Private Limited
FY 2024 filings availableMeridian Retails Private Limited reported revenue of ₹2.08 Lakh (down 7% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 7% fall in the latest year. EBITDA fell 41% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹2.08 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
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| EBITDA | ₹12,140 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2,061 | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.9% | ||||
| Net Profit Margin | 1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Meridian Retails Private Limited, buy the company report.
Board of directors of Meridian Retails Private Limited
Meridian Retails has 2 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikash Baheti Also directs: Palak Commosale Private Limited, Olympus Vanijya Private Limited, MSV Logistics Private Limited and 2 more | Director | 27 Aug 2018 | 8 Years 2 Months | Current |
| Binod Kumar Baheti Also directs: Palak Commosale Private Limited, Olympus Vanijya Private Limited, Diagram Tracom Private Limited and 3 more | Director | 01 May 2017 | 9 Years 6 Months | Current |
Auditor
Meridian Retails Private Limited is audited by DRMS & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DRMS & ASSOCIATES | FY 2023 | 323853E |
Shareholding
The shareholding of Meridian Retails 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 Meridian Retails Private Limited, buy the company report.
Legal cases
Meridian Retails Private Limited has 3 court cases on record: 1 filed by Meridian Retails, 2 filed against it. 2 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 1 |
| District courts | 1 | 1 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Calcutta High Court | Court case (CRR) | Filed against the company | Pending |
| District court, South Twenty Four Parganas, West Bengal | Criminal complaint | Filed against the company by an individual | Pending |
| High Court, West Bengal | Writ petition | Filed by the company against Union of India and Ors | Disposed |
To see the full case history of Meridian Retails 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 Meridian Retails Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Meridian Retails has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Meridian Retails Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Meridian Retails Private Limited has 15 board changes on record since 2009: 2 appointments and 13 cessations. The latest: Vikash Baheti ceased to be Additional Director on 19 Sep 2018.
6 earlier events are in the company report.
Frequently asked questions
Meridian Retails is an active private limited company based in Kolkata, West Bengal, India. The company works in consultancy, within the financial services industry. It was incorporated on 11 February 2009 (17+ years old) and is registered under CIN U52100WB2009PTC132608.
Meridian Retails has 2 current directors:
- Vikash Baheti - Director
- Binod Kumar Baheti - Director
The latest financial statements of Meridian Retails 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 CIN (Corporate Identification Number) of Meridian Retails is U52100WB2009PTC132608. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Meridian Retails has 3 court cases on record: 1 filed by the company and 2 filed against it. 2 are pending. Most are in the high courts.
Meridian Retails was incorporated on 11 February 2009, making it 17+ years old. It is registered with the Registrar of Companies, Kolkata.
Vikash Baheti ceased to be Additional Director on 19 Sep 2018. Vikash Baheti was appointed as Director on 27 Aug 2018. Binod Kumar Baheti ceased to be Additional Director on 20 Sep 2017. Meridian Retails has 15 board changes on record in total.
The registered office of Meridian Retails is at P – 250A Cit Road Scheme Vim Raju Baheti 4th Floor, Kolkata, West Bengal, India – 700054.
Meridian Retails operates in the financial services industry, in the consultancy segment.
The compliance status of Meridian Retails is compliant as of 07 August 2026. The company is actively filing with the Registrar of Companies.
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