Merit Credit Corporation Limited, a active public limited company, was established on 03 June 1987 in Ahmedabad, Gujarat, India. Engaging in financial activities within the financial and insurance service sector, it holds CIN: U65910GJ1987PLC009699. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹10.50 Cr and a paid-up capital of ₹7.35 Cr.
Formerly known as M.H. Investments Private Limited. It upholds a compliant status. Its leadership includes Mrudulaben Harshadbhai Patel (Director), Amar Harshadbhai Patel (Additional Director), Omdutt Laxminarayan Sharma (Director). Past directors included Amar Harshad Patel, Jayshree Tusharbhai Shah, Tanmay Rajendrakumar Mehta. It holds ₹80.00 Cr open charges and ₹19.00 Cr settled loans. Its latest AGM occurred on 28 September 2024, with the balance sheet filed on 31 March 2024. It is based at 3, Ravipushpa Apartment, Opp Sunset Row House, Gurukul Road, Ahmedabad, Gujarat, 380052.
U65910GJ1987PLC009699
009699
03 June 1987
₹10.50 Cr
₹7.35 Cr
Roc Ahmedabad
Unlisted
Active
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Mrudulaben Harshadbhai Patel | Director | 01 Mar 1999 | Current |
| Amar Harshadbhai Patel | Additional Director | 15 Apr 2025 | Current |
| Omdutt Laxminarayan Sharma | Director | 03 Sep 2024 | Current |
| Dhruv Harshadbhai Patel | Additional Director | 15 Apr 2025 | Current |
| Bhakti Atulkumar Jani | Director | 03 Sep 2024 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Ceo(Kmp) | - | Past |
| Pramod Abcsdd | Cfo(Kmp) | - | Past |
| Pramod Abcsdd | Chief Financial Officer | - | Past |
| Pramod Abcsdd | Company Secretary | - | Past |
| Pramod Abcsdd | Director | 03 Sep 2024 | Past |
| Pramod Abcsdd | Secretary | - | Past |
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Merit Credit Corporation Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 291.09% increase. The company also saw a substantial fall in profitability, with a 140.06% decrease in profit. The company's net worth dipped by a decrease of 3.36%.
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In 2020, Merit Credit Corporation had a promoter holding of 39.47% and a public holding of 60.54%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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₹800,000,000.00
₹190,000,000.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Sep 2022 | Others | ₹40.00 Cr | Open |
| 21 Sep 2022 | Others | ₹40.00 Cr | Open |
| 14 Jul 2018 | Others | ₹6.00 Cr | Satisfied |
| 18 May 2015 | Axis Finance Limited | ₹10.00 Cr | Satisfied |
| 11 Mar 2015 | Others | ₹3.00 Cr | Satisfied |
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The activity Amar Harshadbhai Patel was appointed as a Additional Director was appointed as a Additional Director on 15 Apr 2025 & has been associated with this company since 7 months 20 days . was completed.
The activity Dhruv Harshadbhai Patel was appointed as a Additional Director was appointed as a Additional Director on 15 Apr 2025 & has been associated with this company since 7 months 20 days . was completed.
Merit Credit Corporation Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records. was recorded as a recent event.
Progress on Omdutt Laxminarayan Sharma was appointed as a Director was appointed as a Director on 03 Sep 2024 & has been associated with this company since 1 year 3 months . was documented.
Progress on Bhakti Atulkumar Jani was appointed as a Director was appointed as a Director on 03 Sep 2024 & has been associated with this company since 1 year 3 months . was documented.
The activity Merit Credit Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was completed.
The CIN of Merit Credit Corporation Limited is U65910GJ1987PLC009699.
Merit Credit Corporation Limited is headquartered at 3, Ravipushpa Apartment, Opp Sunset Row House, Gurukul Road, Ahmedabad, Gujarat, 380052.
Merit Credit Corporation Limited was incorporated on 03 June 1987.
The current directors of Merit Credit Corporation Limited are
The primary industry of Merit Credit Corporation Limited is Financial And Insurance Service.
Merit Credit Corporation Limited is unlisted.
The authorized capital of Merit Credit Corporation Limited is ₹10.50 Cr, and the paid-up capital is ₹7.35 Cr.
The compliance status of Merit Credit Corporation Limited is Compliant.
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