Merit Advisors Private Limited - Company Profile

It is a business outsourcing private limited company based in Mumbai, Maharashtra, India, established in 1998.
1998 Mumbai, Maharashtra, India Active
Last Updated:
About Merit Advisors Private Limited

Merit Advisors Private Limited, a active private limited company, was established on 15 October 1998 in Mumbai, Maharashtra, India. Engaging in business & it consulting within the financial and insurance service sector, it holds CIN: U65920MH1998PTC116891. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹5.00 M and a paid-up capital of ₹1.00 M.

Formerly known as Merit Finance Private Limited. It upholds a compliant status. Its leadership includes Walter Sylvester Dsouza (Director), Diana Dsouza (Director). Past directors included Sunil Ranjitsingh Mehta. It holds no open charges and ₹12.05 Cr settled loans. Its latest AGM occurred on 12 August 2025, with the balance sheet filed on 31 March 2025. It is based at 504, Windfall, Sahar Plaza Andheri - Kurla Road, Andheri (E), Mumbai, Maharashtra, 400059.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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Company Details

  • CIN/LLPIN

    U65920MH1998PTC116891

  • Registration Number

    116891

  • Incorporation Date

    15 October 1998

  • Authorized Capital

    ₹5.00 M

  • Paid-Up Capital

    ₹1.00 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 27 Year, 4 Months
  • Last Filing with ROC 31 Mar 2025
  • Satisfied Charges ₹ 12.05 Cr
Company report

Merit Advisors Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

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Who are the key members and board of directors at Merit Advisors Private Limited?
Current Directors
Name Designation Appointment Date Status
Walter Sylvester Dsouza Director 30 Sep 2002 Current
Diana Dsouza Director 30 Sep 2002 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 09 Oct 2015 Past

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Financial Performance of Merit Advisors.

Merit Advisors Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

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

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Feb, 2021 Amount Post-IPO - Grab Valuation

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Jan, 2021 Amount Post-IPO - Grab Valuation

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Feb, 2021 Amount Post-IPO - Grab Valuation

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
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What is the Ownership and Shareholding Structure of Merit Advisors?

In 2023, Merit Advisors had a public holding of 29.59%. 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

₹120,460,540.00

Charges Breakdown by Lending Institutions
  • Standard Chartered Bank : 3.76 Cr
  • Citibank N. A. : 2.56 Cr
  • Citi Bank N. A. : 2.50 Cr
  • Others : 2.28 Cr
  • Deutsche Bank Ag : 0.94 Cr
Latest Charge Details
Date Lender Amount Status
16 Apr 2018 Others ₹2.28 Cr Satisfied
15 Feb 2016 Standard Chartered Bank ₹1.35 Cr Satisfied
15 Feb 2016 Standard Chartered Bank ₹2.41 Cr Satisfied
20 Nov 2013 Citibank N. A. ₹2.56 Cr Satisfied
22 Nov 2011 Citi Bank N. A. ₹1.00 Cr Satisfied

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How Many Employees Work at Merit Advisors?

Unlock and access historical data on people associated with Merit Advisors, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

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 Merit Advisors, 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 Merit Advisors'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 Merit Advisors
Recent Activity within the Organization
  • Annual General Meeting

    Merit Advisors Private Limited last Annual general meeting of members was held on 12 Aug 2025 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    The activity Merit Advisors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was completed.

  • Charges

    A charge registered on 16 Apr 2018 via Charge ID 100175004 with Others was fully satisfied on 16 Dec 2020. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 15 Feb 2016 via Charge ID 10621657 with Standard Chartered Bank was fully satisfied on 15 May 2018. was documented.

  • Charges

    A charge registered on 15 Feb 2016 via Charge ID 10621660 with Standard Chartered Bank was fully satisfied on 15 May 2018. was recorded as a recent event.

  • Charges

    Progress on A charge with Others amounted to Rs. 22.80 M with Charge ID 100175004 was registered on 16 Apr 2018. was documented.

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Frequently Asked Questions
What is the CIN of Merit Advisors Private Limited?

The CIN of Merit Advisors Private Limited is U65920MH1998PTC116891.

Where is Merit Advisors Private Limited headquartered?

Merit Advisors Private Limited is headquartered at 504, Windfall, Sahar Plaza Andheri - Kurla Road, Andheri (E), Mumbai, Maharashtra, 400059.

When was Merit Advisors Private Limited incorporated?

Merit Advisors Private Limited was incorporated on 15 October 1998.

Who are the current directors of Merit Advisors Private Limited?

The current directors of Merit Advisors Private Limited are

What is the primary industry of Merit Advisors Private Limited?

The primary industry of Merit Advisors Private Limited is Financial And Insurance Service.

Is Merit Advisors Private Limited a listed company?

Merit Advisors Private Limited is unlisted.

What is the capital structure of Merit Advisors Private Limited?

The authorized capital of Merit Advisors Private Limited is ₹5.00 M, and the paid-up capital is ₹1.00 M.

What is the compliance status of Merit Advisors Private Limited?

The compliance status of Merit Advisors Private Limited is Compliant.

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