Meridian Specialities Private Limited
About Meridian Specialities Private Limited
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Meridian Specialities Private Limited is a private limited company based in Puducherry, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 17 May 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Pondicherry, under CIN U24297PY2004PTC001778. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹3 Lakh. It is led by directors Sathiananthan Suresh and Srinivasan Venkatesan.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at 434 Vazhudavur Main Road Govindanpettai Muthirayar – Palayam Pondicherry – 605009., Puducherry, India – 605009.
As per the financials filed for FY 2017, the company reported a revenue of ₹1.61 Lakh, a decline of 86% compared to the previous year. For the same year it recorded a net loss of ₹30,352 (net margin -18.9%) and EBITDA of -₹8,420 (EBITDA margin -5.2%). Revenue has declined at a compounded annual rate (CAGR) of 70% over three years.
As per MCA filings, the company has open charges of ₹23.8 Lakh on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Meridian Specialities Private Limited's registered office is in Puducherry, Puducherry. Its e-mail address is in the company report.
- Email
- Registered Address434 Vazhudavur Main Road Govindanpettai Muthirayar – Palayam Pondicherry – 605009., Puducherry, India – 605009
- IndustryChemicals and Materials, Industrial Chemicals
To see the full contact details of Meridian Specialities 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 Specialities is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Meridian Specialities Private Limited, buy the company report.
Financials of Meridian Specialities Private Limited
FY 2017 filings availableMeridian Specialities Private Limited reported revenue of ₹1.61 Lakh (down 86% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 70% over three years, including a 86% fall in the latest year. EBITDA fell 106% 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 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹8,420 | ||
| Profit Before Tax | |||
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| Net Profit (PAT) | -₹30,352 | ||
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Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -5.2% | ||
| Net Profit Margin | -18.9% | ||
| Return on Equity (ROE) | |||
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| Return on Assets (ROA) | |||
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To see the full financial statements and ratios of Meridian Specialities Private Limited, buy the company report.
Board of directors of Meridian Specialities Private Limited
Meridian Specialities has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sathiananthan Suresh | Director | 17 May 2004 | 22 Years 5 Months | Current |
| Srinivasan Venkatesan | Director | 17 May 2004 | 22 Years 5 Months | Current |
Auditor
Meridian Specialities Private Limited is audited by A M EMBRAN BASHA & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A M EMBRAN BASHA & CO | FY 2016 | 005990S |
Shareholding
The shareholding of Meridian Specialities Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Meridian Specialities Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Feb 2005 | 90005891 | The Federal Bank Limited | ₹17 Lakh | Open | |
| 06 Oct 2004 | 90005871 | The Federal Bank Ltd. | ₹6.8 Lakh | Open |
To see the full charge records of Meridian Specialities Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Meridian Specialities Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Meridian Specialities Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Meridian Specialities has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Meridian Specialities Private Limited, buy the company report.
Recent activity
Meridian Specialities Private Limited has 2 board changes on record since 2004: 2 appointments. The latest: Sathiananthan Suresh was appointed as Director on 17 May 2004.
Frequently asked questions
Meridian Specialities is an active private limited company based in Puducherry, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 17 May 2004 (22+ years old) and is registered under CIN U24297PY2004PTC001778.
Meridian Specialities has 2 current directors:
- Sathiananthan Suresh - Director
- Srinivasan Venkatesan - Director
The latest financial statements of Meridian Specialities on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. Meridian Specialities has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Meridian Specialities is U24297PY2004PTC001778. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Meridian Specialities was incorporated on 17 May 2004, making it 22+ years old. It is registered with the Registrar of Companies, Pondicherry.
Sathiananthan Suresh was appointed as Director on 17 May 2004. Srinivasan Venkatesan was appointed as Director on 17 May 2004.
The registered office of Meridian Specialities is at 434 Vazhudavur Main Road Govindanpettai Muthirayar – Palayam Pondicherry – 605009., Puducherry, India – 605009.
Meridian Specialities operates in the chemicals and materials industry, in the industrial chemicals segment.
Meridian Specialities has open charges of ₹23.8 Lakh and no satisfied charges on record as per latest MCA filings.
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