
Meristem Ventures Private Limited
About Meristem Ventures Private Limited
Data last updated:
Meristem Ventures Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 23 August 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U51909TN2018PTC124182. Its GSTIN is 33AAMCM0236H1ZP (Tamil Nadu).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sally James Thomas Jacob and Justin Samuel James Nedunchezhian.
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 No.1115 Hibiscus Block Orchid Springs Water Canal Road, Chennai, Tamil Nadu, India – 600076.
As per the financials filed for FY 2023, the company reported a revenue of ₹22.64 Lakh, a growth of 116% compared to the previous year. For the same year it recorded a net profit of ₹6.35 Lakh (net margin 28.1%) and EBITDA of ₹9.12 Lakh (EBITDA margin 40.3%).
As per MCA filings, the company has open charges of ₹10 Lakh on record.
Company details
Contact details
Meristem Ventures Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.1115 Hibiscus Block Orchid Springs Water Canal Road, Chennai, Tamil Nadu, India – 600076
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Meristem Ventures 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
Business activity
The main business activity of Meristem Ventures is support service to organizations. In detail, this covers rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities |
To see the full business activity and turnover split of Meristem Ventures Private Limited, buy the company report.
Financials of Meristem Ventures Private Limited
FY 2025 filings availableMeristem Ventures Private Limited reported revenue of ₹22.64 Lakh (up 116% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 116% in the latest year. EBITDA rose 407% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | ₹9.12 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.35 Lakh | ||||
| 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 40.3% | ||||
| Net Profit Margin | 28.1% | ||||
| 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 | |||||
To see the full financial statements and ratios of Meristem Ventures Private Limited, buy the company report.
Board of directors of Meristem Ventures Private Limited
Meristem Ventures has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sally James Thomas Jacob | Director | 25 Oct 2018 | 8 Years 0 Months | Current |
| Justin Samuel James Nedunchezhian | Director | 23 Aug 2018 | 8 Years 2 Months | Current |
| Jemy Joseph | Director | 23 Aug 2018 | 8 Years 2 Months | Current |
Auditor
Meristem Ventures Private Limited is audited by SRI RAM GANESH & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SRI RAM GANESH & CO | FY 2019 | 003981S |
Shareholding
The shareholding of Meristem Ventures Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Meristem Ventures Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Sep 2022 | 100671401 | Hdfc Bank Limited | ₹10 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Meristem Ventures Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Meristem Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Meristem Ventures has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAMCM0236H1ZP | Tamil Nadu | Active | 10 Jan 2020 |
To see the full GST registrations and return filing status of Meristem Ventures Private Limited, buy the company report.
Recent activity
Meristem Ventures Private Limited has 3 board changes on record since 2018: 3 appointments. The latest: Sally James Thomas Jacob was appointed as Director on 25 Oct 2018.
Frequently asked questions
Meristem Ventures is an active private limited company based in Chennai, Tamil Nadu, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 23 August 2018 (8+ years old) and is registered under CIN U51909TN2018PTC124182.
Meristem Ventures has 3 current directors:
- Sally James Thomas Jacob - Director
- Justin Samuel James Nedunchezhian - Director
- Jemy Joseph - Director
The latest financial statements of Meristem Ventures on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Meristem Ventures is 33AAMCM0236H1ZP, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Meristem Ventures is U51909TN2018PTC124182. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Meristem Ventures was incorporated on 23 August 2018, making it 8+ years old. It is registered with the Registrar of Companies, Chennai.
Sally James Thomas Jacob was appointed as Director on 25 Oct 2018. Jemy Joseph was appointed as Director on 23 Aug 2018. Justin Samuel James Nedunchezhian was appointed as Director on 23 Aug 2018.
The registered office of Meristem Ventures is at No.1115 Hibiscus Block Orchid Springs Water Canal Road, Chennai, Tamil Nadu, India – 600076.
Meristem Ventures operates in the environment industry, in the solar energy solutions segment.
Meristem Ventures has open charges of ₹10 Lakh and no satisfied charges on record as per latest MCA filings.

