About Merino Services Ltd.
Data last updated:
Merino Services Ltd. was a public limited company based in Kolkata, West Bengal, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the seed production and distribution segment of the agriculture sector. It was incorporated on 26 March 1993.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U51109WB1993PLC058257. The company has 14 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹15.7 Lakh. It was led by directors including Ruchira Lohia and Prasan Lohia.
Its last annual general meeting (AGM) was held on 30 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at 5 Alexandra Court 60/1 Chowringhee Road, Kolkata, West Bengal, India – 700020.
As per the financials filed for FY 2020, the company reported a revenue of ₹26.71 Cr, a growth of 60% compared to the previous year. For the same year it recorded a net profit of ₹2.41 Cr (net margin 9%) and EBITDA of ₹7.21 Cr (EBITDA margin 27%). Revenue has grown at a compounded annual rate (CAGR) of 47% over three years and 32% over five years.
As per MCA filings, the company had open charges of ₹4.1 Cr and satisfied charges of ₹13 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it.
The last known website on record is merinoservices.com.
Company details
CIN history
Merino Services has one previous CIN (Corporate Identification Number): U99999WB1993PLC058257. The current CIN is U51109WB1993PLC058257, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51109WB1993PLC058257 | Current |
| U99999WB1993PLC058257 | Previous |
Contact details
Merino Services Ltd.'s registered office is in Kolkata, West Bengal. Its website is merinoservices.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address5 Alexandra Court 60/1 Chowringhee Road, Kolkata, West Bengal, India – 700020
- IndustryAgriculture, Seed Production & Distribution
To see the full contact details of Merino Services Ltd., 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 Merino Services is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Merino Services Ltd., buy the company report.
Financials of Merino Services Ltd.
FY 2020 filings availableMerino Services Ltd. reported revenue of ₹26.71 Cr (up 60% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 32% over five years, including 60% growth 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹26.71 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹7.21 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.41 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 27% | ||||
| Net Profit Margin | 9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Merino Services Ltd., buy the company report.
Board of directors of Merino Services Ltd.
Merino Services has 7 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ruchira Lohia | Director | 15 Feb 2007 | 19 Years 8 Months | As last reported |
| Prasan Lohia Also directs: Merino Properties Private Limited, Merino Industries Limited | Director | 15 Feb 2007 | 19 Years 8 Months | As last reported |
| Asok Kumar Parui | Director | 15 Feb 2007 | 19 Years 8 Months | As last reported |
| Prasun Basu | Director | 15 Feb 2007 | 19 Years 8 Months | As last reported |
| Deepak Lohia Also directs: Merino Properties Private Limited, Merino Industries Limited, CLL Agro Limited and 1 more | Director | 15 Feb 2007 | 19 Years 8 Months | As last reported |
| Prakash Lohia Also directs: Merino Properties Private Limited, Merino Industries Limited | Director | 15 Feb 2007 | 19 Years 8 Months | As last reported |
Peer comparison
Merino Services Ltd. is compared with the 3 companies closest to it by revenue in the Agriculture industry (IT Consulting and Services, Seeds), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kennametal Shared Services Private Limited | ₹121.94 Cr (FY 2025) | 15.0% | Bangalore, Karnataka, India | |||
| Radix Software Services Private Limited | ₹121.09 Cr (FY 2025) | 13.0% | Ahmedabad, Gujarat, India | |||
| Bandhan Technologies Private Limited | ₹120.06 Cr (FY 2025) | 17.0% | Bangalore, Karnataka, India | |||
| Merino Services Ltd.this company | ₹26.71 Cr (FY 2020) | ₹2.41 Cr | 9% | 60.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Merino Services Ltd., buy the company report.
Auditor
Merino Services Ltd. is audited by P.K Mundra & Co. for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P.K Mundra & Co. | FY 2020 | 322078E |
Shareholding
The shareholding of Merino Services Ltd. is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Merino Services Ltd., buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Oct 2014 | 10544408 | Axis Bank Limited | ₹4.1 Cr | Open | |
| 14 Feb 2013 | 10403111 | Icici Bank Limited | ₹8.5 Cr | Satisfied | |
| 21 May 2011 | 10290292 | Axis Bank Ltd. | ₹2.5 Cr | Satisfied | |
| 16 Feb 2010 | 10211403 | Idbi Bank Limited | ₹2 Cr | Satisfied |
To see the full charge records of Merino Services Ltd., buy the company report.
Total charge records: 4 View all charges
Legal cases
Merino Services Ltd. has 4 court cases on record: 3 filed by Merino Services, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, West, Delhi | Civil suit | Filed by the company against Bhushan Steel Ltd and 2 others | Disposed |
| High Court | Writ petition | Filed by the company against The Asst. Commissioner and 2 others | Disposed |
| District court, West, Delhi | Criminal case | Filed by the company against an individual | Disposed |
| District court, West, Delhi | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Merino Services Ltd., 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 Merino Services Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Merino Services Ltd. has 2 active EPFO establishments as of Mar 30, 2025.
GST
Merino Services has 14 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Merino Services Ltd., buy the company report.
Recent activity
Merino Services Ltd. has 17 board changes on record since 2007: 7 appointments and 10 cessations. The latest: Asok Kumar Parui ceased to be Additional Director on 27 Sep 2007.
16 earlier events are in the company report.
Frequently asked questions
Merino Services has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Merino Services was a public limited company based in Kolkata, West Bengal, India. The company worked in seed production and distribution, within the agriculture industry. It was incorporated on 26 March 1993 and is registered under CIN U51109WB1993PLC058257. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Merino Services was incorporated on 26 March 1993. It is registered with the Registrar of Companies, Kolkata.
Merino Services had 7 directors:
- Ruchira Lohia - Director
- Prasan Lohia - Director
- Asok Kumar Parui - Director
- Prasun Basu - Director
- Deepak Lohia - Director
- Prakash Lohia - Director
- Bikash Lohia - Director
The CIN (Corporate Identification Number) of Merino Services is U51109WB1993PLC058257. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Merino Services is at 5 Alexandra Court 601 Chowringhee Road, Kolkata, West Bengal, India – 700020.
Merino Services can be reached through the website merinoservices.com. Its registered office is in Kolkata, West Bengal, India.
The latest financial statements of Merino Services on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 December 2020. Year-wise statements from 2015 are in the company report.
No. Merino Services has 14 GST registrations on record and all of them are cancelled or inactive.
Merino Services operated in the agriculture industry, in the seed production and distribution segment.
The peers of Merino Services by revenue are Kennametal Shared Services Private Limited, Radix Software Services Private Limited, Bandhan Technologies Private Limited, all in the Agriculture industry (IT Consulting and Services, Seeds), with the same principal business activity (computer programming, consultancy and related activities).
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