Merit Chits Private Limited
About Merit Chits Private Limited
Data last updated:
Merit Chits Private Limited was a private limited company based in Sattur, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the mutual fund segment of the financial services sector. It was incorporated on 12 November 1992.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U65991TN1992PTC023809.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3 Lakh. It was led by directors Ellappanaicker Perumalsamy and Subbanaicker Subburaj.
Its last annual general meeting (AGM) was held on 30 September 2010, and its latest financial statements are for the year ended 31 March 2010. The registered office was at 129/1 Bye – Pass Road Sattur – 626203 Tamil Nadu, Tamil Nadu, India – 626203.
Company details
Contact details
Merit Chits Private Limited's registered office is in Sattur, Tamil Nadu.
- Registered Address129/1 Bye – Pass Road Sattur – 626203 Tamil Nadu, Tamil Nadu, India – 626203
- IndustryFinancial Services, Mutual Fund, Other Financial Intermediation
- 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 Merit Chits Private Limited
FY 2010 filings availableFinancial Statement Summary
| Metrics | FY 2009-10 |
|---|---|
| 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 | |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | |
| 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 2009-10 |
|---|---|
| Profitability | |
| EBITDA Margin | |
| Net Profit Margin | |
| 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 Merit Chits Private Limited, buy the company report.
Board of directors of Merit Chits Private Limited
Merit Chits has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ellappanaicker Perumalsamy | Director | 12 Nov 1992 | 33 Years 11 Months | As last reported |
| Subbanaicker Subburaj | Director | 12 Nov 1992 | 33 Years 11 Months | As last reported |
Legal cases
No court or tribunal cases involving Merit Chits 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 Merit Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Merit Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Merit Chits Private Limited has 2 board changes on record since 1992: 2 appointments. The latest: Ellappanaicker Perumalsamy was appointed as Director on 12 Nov 1992.
Frequently asked questions
Merit Chits has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Merit Chits was a private limited company based in Sattur, Tamil Nadu, India. The company worked in mutual fund, within the financial services industry. It was incorporated on 12 November 1992 and is registered under CIN U65991TN1992PTC023809. The company has been struck off by the Registrar of Companies and is no longer operational.
Merit Chits had 2 directors:
- Ellappanaicker Perumalsamy - Director
- Subbanaicker Subburaj - Director
The CIN (Corporate Identification Number) of Merit Chits is U65991TN1992PTC023809. 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 Merit Chits is at 1291 Bye – Pass Road Sattur – 626203 Tamil Nadu, Tamil Nadu, India – 626203.
Merit Chits was incorporated on 12 November 1992. It is registered with the Registrar of Companies, Chennai.
The latest financial statements of Merit Chits on record with the MCA are for the year ended 31 March 2010. Its last annual general meeting was held on 30 September 2010. Year-wise statements from 2015 are in the company report.
Merit Chits operated in the financial services industry, in the mutual fund segment. It worked in this industry before it was struck off.
Ellappanaicker Perumalsamy was appointed as Director on 12 Nov 1992. Subbanaicker Subburaj was appointed as Director on 12 Nov 1992.
Merit Chits can be reached at its registered office: 1291 Bye – Pass Road Sattur – 626203 Tamil Nadu, Tamil Nadu, India – 626203.