About Meridium Services and Labs Private Limited
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Meridium Services and Labs Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Ge Aviation Global Holdings Bv. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 21 December 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2010PTC056305. Its GSTIN is 29AAGCM9107R1ZN (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2.05 Lakh. It is led by directors Vinay Bhaskar Jammu (Whole-Time Director) and Narasimha Prasad Ananthaswamy.
Its last annual general meeting (AGM) was held on 30 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No. 122 Export Promotion Industrial Park Phase 2 Hoodi Village Whitefield Road, Bangalore, Karnataka, India – 560066.
As per the financials filed for FY 2024, the company reported a revenue of ₹467.91 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹50.18 Cr (net margin 10.7%) and EBITDA of ₹70.31 Cr (EBITDA margin 15%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 45% over five years.
The company has about 890 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Meridium. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website meridium.com.
Company details
Contact details
Meridium Services and Labs Private Limited's registered office is in Bangalore, Karnataka. Its website is meridium.com. Its telephone number is in the company report.
- Telephone
- Website
- Registered AddressPlot No. 122 Export Promotion Industrial Park Phase 2 Hoodi Village Whitefield Road, Bangalore, Karnataka, India – 560066
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Meridium Services and Labs 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
Brands
Meridium Services and Labs operates one associated brand: Meridium. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Asset performance management software is provided for industrial sectors. | meridium.com |
Business activity
The main business activity of Meridium Services and Labs is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Meridium Services and Labs Private Limited, buy the company report.
Financials of Meridium Services and Labs Private Limited
FY 2024 filings availableMeridium Services and Labs Private Limited reported revenue of ₹467.91 Cr (up 15% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 45% over five years, including 15% growth in the latest year. EBITDA rose 185% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹70.31 Cr | ||||
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| Net Profit (PAT) | ₹50.18 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 15% | ||||
| Net Profit Margin | 10.7% | ||||
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To see the full financial statements and ratios of Meridium Services and Labs Private Limited, buy the company report.
Board of directors of Meridium Services and Labs Private Limited
Meridium Services and Labs has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinay Bhaskar Jammu Also directs: Iiti Drishti CPS Foundation | Whole-Time Director | 04 Feb 2022 | 4 Years 9 Months | Current |
| Narasimha Prasad Ananthaswamy | Additional Director | 22 Jan 2026 | 0 Years 9 Months | Current |
Auditor
Meridium Services and Labs Private Limited is audited by DELOITTE HASKINS & SELLS for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DELOITTE HASKINS & SELLS | FY 2022 | 008072S |
Shareholding
The shareholding of Meridium Services and Labs Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Meridium Services and Labs Private Limited, buy the company report.
Legal cases
Meridium Services and Labs Private Limited has 2 court cases on record: 1 filed by Meridium Services and Labs, 1 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| High courts | 1 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against Union of India and 3 others | Pending |
| District court, DAKSHINA KANNADA, Karnataka | Motor accident claim | Filed against the company by an individual | Disposed |
To see the full case history of Meridium Services and Labs 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 Meridium Services and Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Meridium Services and Labs Private Limited has a workforce of 890 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Meridium Services and Labs has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCM9107R1ZN | Karnataka | Active | 01 Jul 2017 |
| 36AAGCM9107R1ZS | Telangana | Active | 14 Sep 2017 |
To see the full GST registrations and return filing status of Meridium Services and Labs Private Limited, buy the company report.
Recent activity
Meridium Services and Labs Private Limited has 15 board changes on record since 2017: 5 appointments and 10 cessations. The latest: Narasimha Prasad Ananthaswamy was appointed as Additional Director on 22 Jan 2026.
6 earlier events are in the company report.
News
Frequently asked questions
Meridium Services and Labs is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 21 December 2010 (16+ years old) and is registered under CIN U72900KA2010PTC056305.
Meridium Services and Labs has 2 current directors:
- Vinay Bhaskar Jammu - Whole-Time Director
- Narasimha Prasad Ananthaswamy - Additional Director
The latest financial statements of Meridium Services and Labs on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 December 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Meridium Services and Labs is 29AAGCM9107R1ZN, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 36AAGCM9107R1ZS (Telangana).
The CIN (Corporate Identification Number) of Meridium Services and Labs is U72900KA2010PTC056305. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Meridium Services and Labs has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Meridium Services and Labs was incorporated on 21 December 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
Narasimha Prasad Ananthaswamy was appointed as Additional Director on 22 Jan 2026. Ramakrishna Namavarapu ceased to be Additional Director on 08 Jul 2024. Ramakrishna Namavarapu was appointed as Whole-Time Director on 22 Mar 2024. Meridium Services and Labs has 15 board changes on record in total.
Meridium Services and Labs can be reached through the website meridium.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Meridium Services and Labs is at Plot No. 122 Export Promotion Industrial Park Phase 2 Hoodi Village Whitefield Road, Bangalore, Karnataka, India – 560066.
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