Meriland Estates Private Limited
About Meriland Estates Private Limited
Data last updated:
Meriland Estates Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Shapoorji Pallonji And Company Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 04 May 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70100MH1998PTC114759. Its GSTIN is 27AACCM6823G1ZH (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Kanishka Jairaj Phatak and Amit Raj.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Sp Centre 41/44 Minoo Desai Marg Colaba, Mumbai, Maharashtra, India – 400005.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.92 Cr, a decline of 77% compared to the previous year. For the same year it recorded a net loss of ₹35.89 Cr and EBITDA of ₹80.4 Lakh (EBITDA margin 41.9%). Revenue has declined at a compounded annual rate (CAGR) of 30% over three years and 10% over five years.
As per MCA filings, the company has open charges of ₹530 Cr and satisfied charges of ₹305 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressSp Centre 41/44 Minoo Desai Marg Colaba, Mumbai, Maharashtra, India – 400005
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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 Meriland Estates Private Limited
The main business activities of Meriland Estates are professional, scientific and technical activities and real estate activities. In detail, this covers activities of head offices; management consultancy activities and real estate activities. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 70 | Activities of head offices; management consultancy activities | Locked |
| L | Real estate activities | 68 | Real estate activities | 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 Meriland Estates Private Limited FY 2025 filings available
Meriland Estates Private Limited reported revenue of ₹1.92 Cr (down 77% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Meriland Estates Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 10% over five years, including a 77% fall in the latest year. EBITDA fell 74% 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 Meriland Estates Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹80.4 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹35.89 Cr | •••• | •••• | •••• | •••• |
| 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 Meriland Estates Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 41.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Meriland Estates 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 Meriland Estates Private Limited
Meriland Estates Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bhojison Infrastructures Private Limited | ₹1.92 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Ahmedabad, Gujarat, India |
| Harihar Heights Private Limited | ₹1.92 Cr (FY 2024) | •••• | •••• | -16.0% | •••• | Jaipur, Rajasthan, India |
| Parker Builders Private Limited | ₹1.92 Cr (FY 2024) | •••• | •••• | 7.0% | •••• | Delhi, India |
| Adisesh Infrastructure Private Limited | ₹1.92 Cr (FY 2023) | •••• | •••• | 769.0% | •••• | Hsr Layout, Karnataka, India |
| Timezone Real Estate India Private Limited | ₹1.92 Cr (FY 2025) | •••• | •••• | 104.0% | •••• | New Delhi, Delhi, India |
| Meriland Estates Private Limited this company | ₹1.92 Cr (FY 2025) | •••• | •••• | -77.0% | •••• | Mumbai, Maharashtra, India |
| Pyramid Ventures India Private Limited | ₹1.92 Cr (FY 2025) | •••• | •••• | -38.0% | •••• | Nagpur, Maharashtra, India |
| Starfuture Construction Private Limited | ₹1.92 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Lucknow, Uttar Pradesh, India |
| Paraclete Builders and Developers Private Limited | ₹1.92 Cr (FY 2023) | •••• | •••• | 92.0% | •••• | Kottayam, Kerala, India |
| Anamika Tube Private Limited | ₹1.92 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Kolkata, West Bengal, India |
| Parthasarathi Estates Private Limited | ₹1.92 Cr (FY 2020) | •••• | •••• | 61.0% | •••• | Berhampur, Odisha, India |
Peers are the five companies nearest above and the five nearest below Meriland Estates by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Meriland Estates Private Limited
Meriland Estates Private Limited is audited by PRATAP THAKKER & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PRATAP THAKKER & 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 Meriland Estates Private Limited
Meriland Estates has 2 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kanishka Jairaj Phatak Also directs: Ricardo Constructions Private Limited, Ativa Real Estate Developers Private Limited, Suvita Real Estates Private Limited and 5 more | Director | 18 Apr 2023 | 3 Years 5 Months | Current |
| Amit Raj | Director | 18 Apr 2023 | 3 Years 5 Months | Current |
Ownership and Shareholding of Meriland Estates 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 Meriland Estates Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Nov 2025 | Idbi Trusteeship Services Limited | ₹150 Cr | Open |
| 11 Jun 2024 | Idbi Trusteeship Services Limited | ₹380 Cr | Open |
| 29 May 2023 | Idbi Trusteeship Services Limited | ₹85 Cr | Satisfied |
| 14 Oct 2021 | Idbi Trusteeship Services Limited | ₹80 Cr | Satisfied |
| 14 Oct 2021 | Idbi Trusteeship Services Limited | ₹140 Cr | Satisfied |
Total charge records: 5 View all charges
MSME Payment Delays by Meriland Estates Private Limited
Meriland Estates Private Limited has 2 MSME Form 1 returns on record between 2022 and 2023, listing 4 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| Mufg Intime India Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 2 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Meriland Estates Private Limited
Employment history and EPFO contributions of people linked to Meriland Estates.
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.
Group Structure of Meriland Estates Private Limited
Meriland Estates has 1 associated company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
Recent Activity on Meriland Estates Private Limited
Meriland Estates Private Limited has 14 board changes on record since 2008: 2 appointments and 12 cessations. The latest: Amit Raj ceased to be Additional Director on 29 Aug 2023.
13 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Meriland Estates 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.
Subsidiaries & Group Companies of Meriland Estates 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 Meriland Estates Private Limited
Meriland Estates has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCM6823G1ZH | Maharashtra | 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 Meriland Estates 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 Meriland Estates Private Limited
Meriland Estates is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 04 May 1998 (28+ years old) and is registered under CIN U70100MH1998PTC114759.
Meriland Estates reported revenue of ₹1.92 Cr for FY 2025 (down 77% YoY).
Meriland Estates has 2 current directors:
- Kanishka Jairaj Phatak - Director
- Amit Raj - Director
Meriland Estates reported a net loss of ₹35.89 Cr and EBITDA of ₹80.4 Lakh (EBITDA margin 41.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Meriland Estates is -30% over three years and -10% over five years. In the latest year (FY 2025) revenue fell 77%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Meriland Estates is 27AACCM6823G1ZH, registered in Maharashtra.
The CIN (Corporate Identification Number) of Meriland Estates is U70100MH1998PTC114759. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Meriland Estates was incorporated on 04 May 1998, making it 28+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Meriland Estates by revenue are Bhojison Infrastructures Private Limited, Harihar Heights Private Limited, Parker Builders Private Limited, Adisesh Infrastructure Private Limited, Timezone Real Estate India Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Amit Raj ceased to be Additional Director on 29 Aug 2023. Kanishka Jairaj Phatak ceased to be Additional Director on 29 Aug 2023. Amit Raj was appointed as Director on 18 Apr 2023. Meriland Estates has 14 board changes on record in total.
Meriland Estates has 2 MSME Form 1 returns on record between 2022 and 2023, listing 4 overdue payments to 2 micro and small suppliers. The latest return was filed on 07 Jun 2023.
The registered office of Meriland Estates is at Sp Centre 4144 Minoo Desai Marg Colaba, Mumbai, Maharashtra, India – 400005.