About Merind Limited
Data last updated: 16 February 2026
Merind Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Dartmour Holdings Private Limited. It specialises in real estate financing, a part of the broader financial services sector. Incorporated on 04 November 1958, the company has been in operation for over 68 years.
Registered with ROC Mumbai under CIN U24239MH1958PLC011204.
Capital: an authorised share capital of ₹4.2 Cr and a paid-up capital of ₹3.64 Cr. It is led by directors including Stephen Sabbas Dsouza and Zahabiya Habil Khorakiwala.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Readymoney Terrace 2Nd Floor Room No. 5 167 Dr. Annie Besant Road Worli, Mumbai, Maharashtra, India – 400018.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.88 Cr, a decline of 12% compared to the previous year.
The company has a workforce of approximately 37 employees as per the latest available data. It operates as a subsidiary of Dartmour Holdings Private Limited.
As per MCA filings, the company has satisfied charges of ₹30 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website merindmic.com.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media**************
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Registered AddressReadymoney Terrace 2Nd Floor Room No. 5 167 Dr. Annie Besant Road Worli, Mumbai, Maharashtra, India – 400018
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IndustryFinancial Services, Real Estate Financing
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Business Activity of Merind Limited
Merind Limited is engaged in the principal business activity of real estate, with detailed activities including real estate activities on fee or contract basis.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis | ********* |
Auditor Details of Merind Limited
Merind Limited is audited by J. L. Thakkar & Co. for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| J. L. Thakkar & Co. | blur-value | blur-value | blur-value |
Board of Directors of Merind Limited
Merind Limited is currently managed by 3 directors, with 10 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Stephen Sabbas Dsouza
Also directs:
Sharanya Chemicals And Pharmaceuticals Private Limited, Banneret Trading Private Limited, Wockhardt Holdings Limited and 2 more
|
Director | 21 Aug 2019 | 6 Years 10 Months | Current |
| Zahabiya Habil Khorakiwala | Director | 31 Mar 2010 | 16 Years 3 Months | Current |
|
Huzaifa Habil Khorakiwala
Also directs:
Wockhardt Limited, Wockhardt Hospitals Limited, Amalthea Trading & Services Llp and 5 more
|
Director | 31 Mar 2010 | 16 Years 3 Months | Current |
Financials of Merind Limited FY 2025 filings available
Merind Limited reported revenue of ₹12.88 Cr (down 12% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.
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Consolidated Statements
Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.
Shareholding Pattern of Merind Limited
As of FY 2023, Merind Limited's shareholding pattern shows 96.06% by promoters, 0.01% by domestic institutional investors (DII), 3.92% by public shareholders, 0.01% by others. The promoters hold a majority stake, indicating strong promoter control.
| Year | 2025 |
|---|---|
| Promoters | 33.19% |
| DII | 23.22% |
| FII | 18.28% |
| Public | 22.89% |
| Others | 2.42% |
Charges & Borrowings of Merind Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Jul 2004 | Punjab National Bank | ₹30 Cr | Satisfied |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Merind Limited
Merind Limited has a workforce of 37 employees as of Apr 07, 2024.
Employee Count & EPFO Data of Merind Limited
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GST Compliance of Merind Limited
GSTIN & GST Filing Data of Merind Limited
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Credit Ratings, Litigation & Regulatory Alerts for Merind Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Merind Limited
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MSME Payment Delays by Merind Limited
MSME Payment Delays by Merind Limited
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Subsidiaries & Group Companies of Merind Limited
Subsidiaries & Group Companies of Merind Limited
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MCA Filings & Documents of Merind Limited
MCA Filings & Documents of Merind Limited
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Recent Activity on Merind Limited
Frequently Asked Questions about Merind Limited
Merind Limited is an active public limited company in the financial services sector based in Mumbai, Maharashtra, India. It was incorporated on 04 November 1958 (68+ years old) and is registered under CIN U24239MH1958PLC011204. The company has 37 employees.
Merind Limited reported revenue of ₹12.88 Cr for FY 2025 (down 12.00% YoY).
The current directors of Merind Limited are:
The primary industry of Merind Limited is financial services. The company specifically operates in real estate financing. The company is currently active in this sector.
Merind Limited can be reached at the registered office: Readymoney Terrace 2Nd Floor Room No. 5 167 Dr. Annie Besant Road Worli, Mumbai, Maharashtra, India – 400018, or through the website merindmic.com.
The authorised capital is ₹4.2 Cr, and the paid-up capital is ₹3.64 Cr.