Merind Limited - Company Profile

It is a financial services public limited company based in Mumbai, Maharashtra, India, established in 1958.
1958 Mumbai, Maharashtra, India Active
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About Merind Limited

Merind Limited, a active public limited company, was established on 04 November 1958 in Mumbai, Maharashtra, India. Engaging in real estate financing within the real estate sector, it holds CIN: U24239MH1958PLC011204. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹4.20 Cr and a paid-up capital of ₹3.64 Cr.

It upholds a compliant status. Employing 37 professional, Its leadership includes Stephen Sabbas Dsouza (Director), Zahabiya Habil Khorakiwala (Director), Huzaifa Habil Khorakiwala (Director). Past directors included Durgadas Govindas Modi, Shahnawaz Mohammed Khan, Stephen Sabbas D'souza. It holds no open charges and ₹30.00 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Readymoney Terrace, 2Nd Floor, Room No. 5 167, Dr. Annie Besant Road, Worli, Mumbai, Maharashtra, 400018.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U24239MH1958PLC011204

  • Registration Number

    011204

  • Incorporation Date

    04 November 1958

  • Authorized Capital

    ₹4.20 Cr

  • Paid-Up Capital

    ₹3.64 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 4.20 Cr
  • Paid Up Capital ₹ 3.64 Cr
  • Company Age 67 Year, 3 Months
  • Last Filing with ROC 31 Mar 2025
  • Satisfied Charges ₹ 30.00 Cr
  • Revenue Growth **** -2.78%
  • Profit Growth **** -22.38%
  • Ebitda **** -631.15%
  • Net Worth 3.79%
  • Total Assets **** 9.02%
Company report

Merind Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Merind Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Merind Limited?
Current Directors
Name Designation Appointment Date Status
Stephen Sabbas Dsouza Director 21 Aug 2019 Current
Zahabiya Habil Khorakiwala Director 31 Mar 2010 Current
Huzaifa Habil Khorakiwala Director 31 Mar 2010 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 31 Jan 2007 Past
Pramod Abcsdd Director 30 Apr 2018 Past
Pramod Abcsdd Additional Director 26 Sep 2019 Past
Pramod Abcsdd Additional Director 28 Sep 2018 Past
Pramod Abcsdd Additional Director 26 Sep 2019 Past
Pramod Abcsdd Director 31 Mar 2010 Past

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Financial Performance of Merind.

Merind Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 2.78% decrease. The company also saw a substantial fall in profitability, with a 22.38% decrease in profit. The company's net worth moved up by a moderate rise of 3.79%.

Merind revenue growth over time
Merind profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 -2.78%
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Revenue from Operations
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Total Assets
*******
 9.02%
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Profit or Loss
*******
 -22.38%
*******
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Net Worth
*******
 3.79%
*******
*******
*******
*******
EBITDA
*******
 -631.15%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Merind?

In 2023, Merind had a promoter holding of 96.06% and a public holding of 3.94%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹0

Satisfied Charges

₹300,000,000.00

Charges Breakdown by Lending Institutions
  • Punjab National Bank : 30.00 Cr
Latest Charge Details
Date Lender Amount Status
09 Jul 2004 Punjab National Bank ₹30.00 Cr Satisfied

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How Many Employees Work at Merind?

Merind has a workforce of 37 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Merind, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Merind's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Merind
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Merind Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.

  • Balance Sheet

    Merind Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was recorded as a recent event.

  • Director Appointment

    Progress on Stephen Sabbas Dsouza was appointed as a Director was appointed as a Director on 21 Aug 2019 & has been associated with this company since 6 years 5 months . was documented.

  • Director Appointment

    Progress on Zahabiya Habil Khorakiwala was appointed as a Director was appointed as a Director on 31 Mar 2010 & has been associated with this company since 15 years 10 months . was documented.

  • Director Appointment

    Progress on Huzaifa Habil Khorakiwala was appointed as a Director was appointed as a Director on 31 Mar 2010 & has been associated with this company since 15 years 10 months . was documented.

  • Charges

    The activity A charge registered on 09 Jul 2004 via Charge ID 80036154 with Punjab National Bank was fully satisfied on 21 Dec 2009. was completed.

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Frequently Asked Questions
What is the CIN of Merind Limited?

The CIN of Merind Limited is U24239MH1958PLC011204.

Where is Merind Limited headquartered?

Merind Limited is headquartered at Readymoney Terrace, 2Nd Floor, Room No. 5 167, Dr. Annie Besant Road, Worli, Mumbai, Maharashtra, 400018.

When was Merind Limited incorporated?

Merind Limited was incorporated on 04 November 1958.

Who are the current directors of Merind Limited?

The current directors of Merind Limited are

What is the primary industry of Merind Limited?

The primary industry of Merind Limited is Real Estate.

Is Merind Limited a listed company?

Merind Limited is unlisted.

What is the capital structure of Merind Limited?

The authorized capital of Merind Limited is ₹4.20 Cr, and the paid-up capital is ₹3.64 Cr.

What is the compliance status of Merind Limited?

The compliance status of Merind Limited is Compliant.

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