About Merino Shelters Private Limited
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Merino Shelters Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Man Industries (India) Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 09 August 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH2005PTC155215. Its GSTIN is 27AAECM3394E1ZF (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.88 Lakh. It is led by directors including Niranjan Dilip Muley and Pramodkumar Awadh Behari Tandon.
Its last annual general meeting (AGM) was held on 26 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 101 Man House Opp.Pawan Hans S.V.Road Vile Parle (West), Mumbai, Maharashtra, India – 400056.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.92 Lakh. For the same year it recorded a net loss of ₹5.98 Cr and EBITDA of -₹17.39 Lakh (EBITDA margin -443.6%). Revenue has declined at a compounded annual rate (CAGR) of 27% over three years and 72% over five years.
As per MCA filings, the company has open charges of ₹343.44 Cr and satisfied charges of ₹920 Cr on record. Court records list 36 cases involving the company, including 5 filed by the company and 31 filed against it; 12 cases are 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 manrealty.in.
Company details
Contact details
Merino Shelters Private Limited's registered office is in Mumbai, Maharashtra. Its website is manrealty.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address101 Man House Opp.Pawan Hans S.V.Road Vile Parle (West), Mumbai, Maharashtra, India – 400056
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Merino Shelters 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
Financials of Merino Shelters Private Limited
FY 2024 filings availableMerino Shelters Private Limited reported revenue of ₹3.92 Lakh for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 72% over five years. EBITDA rose 28% 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 | -₹17.39 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5.98 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -443.6% | ||||
| Net Profit Margin | |||||
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To see the full financial statements and ratios of Merino Shelters Private Limited, buy the company report.
Board of directors of Merino Shelters Private Limited
Merino Shelters has 3 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Niranjan Dilip Muley | Director | 17 Mar 2021 | 5 Years 7 Months | Current |
| Pramodkumar Awadh Behari Tandon Also directs: Flamingo Pigments Private Limited | Director | 15 Sep 2013 | 13 Years 1 Months | Current |
| Renu Purshottam Jalan Also directs: Man Industries (India) Limited, Man Stainless Steel Tubes Limited | Director | 12 Mar 2020 | 6 Years 7 Months | Current |
Peer comparison
Merino Shelters Private Limited is compared with the 10 companies closest to it by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hariyali Estate Private Limited | ₹3.93 Lakh (FY 2025) | 5.0% | Mumbai, Maharashtra, India | |||
| Foresight Buildcon Private Limited | ₹3.93 Lakh (FY 2025) | -99.0% | New Delhi, Delhi, India | |||
| Maisonette Infra Estates Private Limited | ₹3.93 Lakh (FY 2016) | Chandigarh, India | ||||
| Virtuous Enterprises Private Limited | ₹3.93 Lakh (FY 2025) | 1.0% | New Delhi, Delhi, India | |||
| Moti Buildcon Private Limited | ₹3.93 Lakh (FY 2018) | 691.0% | Jaipur, Rajasthan, India | |||
| Merino Shelters Private Limitedthis company | ₹3.92 Lakh (FY 2024) | -₹5.98 Cr | Mumbai, Maharashtra, India | |||
| Infinity Residences Private Limited | ₹3.92 Lakh (FY 2024) | -54.0% | Kolkata, West Bengal, India | |||
| Westport Infrastructure Private Limited | ₹3.91 Lakh (FY 2024) | 241.0% | Ahmedabad, Gujarat, India | |||
| Khanbrothers Infra Projects Private Limited | ₹3.91 Lakh (FY 2025) | -45.0% | Mahoba, Uttar Pradesh, India | |||
| Y.K.G.N. Buildtrade Private Limited | ₹3.91 Lakh (FY 2020) | -30.0% | Rajkot, Gujarat, India | |||
| Falgun Sales Private Limited | ₹3.91 Lakh (FY 2025) | 12.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Merino Shelters Private Limited, buy the company report.
Auditor
Merino Shelters Private Limited is audited by A. Sachdev & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A. Sachdev & Co. | FY 2023 | 001307C |
Shareholding
The shareholding of Merino Shelters Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Merino Shelters Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Jul 2025 | 101121306 | Standard Chartered Bank | ₹343.44 Cr | Open | |
| 30 Mar 2018 | 100201454 | Others | ₹600 Cr | Satisfied | |
| 27 Sep 2017 | 100129483 | Others | ₹170 Cr | Satisfied | |
| 30 Mar 2015 | 10563370 | Ifci Limited | ₹75 Cr | Satisfied | |
| 08 Jun 2010 | 10225870 | Bank of Baroda | ₹75 Cr | Satisfied |
To see the full charge records of Merino Shelters Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Merino Shelters Private Limited has 36 court cases on record: 5 filed by Merino Shelters, 31 filed against it. 12 cases are pending and 24 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 20 | 16 | 7 |
| District courts | 9 | 9 | 4 |
| NCLT | 3 | 2 | 0 |
| Supreme Court | 2 | 2 | 1 |
| NCLAT | 2 | 2 | 0 |
Cases on record (5 of 36)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed against the company by Man Global Ltd. and 5 others | Pending |
| Supreme Court | Court case (1006-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Others) | Filed against the company by Shrem Investments Pvt. Ltd. 1101 Viraj Tower Junction of Andheri Kurla Road Western Express Highway Andheri East, Mumbai 400069 , , Other and 1 other | Pending |
| Bombay High Court | Court case (CARBP) | Filed against the company by Man Industries (India) Ltd. | Pending |
| High Court, MAHARASHTRA | Court case (ARP) | Filed against the company by M/S. Spacewood Furnishers Private Limited THR. Its Mr. Vipendra Kumar S/O. Chaukaudi Lal Verma | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed against the company by VSJ Investments Private Limited | Disposed |
To see the full case history of Merino Shelters 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 Merino Shelters Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Merino Shelters Private Limited has 1 active EPFO establishment as of Apr 07, 2024.
GST
Merino Shelters has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECM3394E1ZF | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Merino Shelters Private Limited, buy the company report.
Recent activity
Merino Shelters Private Limited has 17 board changes on record since 2007: 3 appointments and 14 cessations. The latest: Niranjan Dilip Muley ceased to be Additional Director on 30 Nov 2021.
18 earlier events are in the company report.
Frequently asked questions
Merino Shelters 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 09 August 2005 (21+ years old) and is registered under CIN U45200MH2005PTC155215.
Merino Shelters has 3 current directors:
- Niranjan Dilip Muley - Director
- Pramodkumar Awadh Behari Tandon - Director
- Renu Purshottam Jalan - Director
The latest financial statements of Merino Shelters on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 26 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Merino Shelters is 27AAECM3394E1ZF, registered in Maharashtra.
The CIN (Corporate Identification Number) of Merino Shelters is U45200MH2005PTC155215. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Merino Shelters has 36 court cases on record: 5 filed by the company and 31 filed against it. 12 are pending. Most are in the high courts.
Merino Shelters was incorporated on 09 August 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Merino Shelters by revenue are Hariyali Estate Private Limited, Foresight Buildcon Private Limited, Maisonette Infra Estates Private Limited, Virtuous Enterprises Private Limited, Moti Buildcon Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Niranjan Dilip Muley ceased to be Additional Director on 30 Nov 2021. Niranjan Dilip Muley was appointed as Director on 17 Mar 2021. Renu Purshottam Jalan ceased to be Director on 30 Dec 2020. Merino Shelters has 17 board changes on record in total.
Merino Shelters can be reached through the website manrealty.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Merino Shelters is at 101 Man House Opp.Pawan Hans S.V.Road Vile Parle West, Mumbai, Maharashtra, India – 400056.
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