Merit Incentives India Private Limited

Merit Incentives India Private Limited - business services in Bangalore, Karnataka, India. Directors, charges & compliance details.
CIN U62099KA2023PTC180786 Incorporated 08 November 2023 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company
Data last updated
Revenue · FY 2025
₹1.51 Cr
Latest filing
Net profit · FY 2025
₹11.72 Lakh
Net margin 7.7%
EBITDA · FY 2025
₹16.21 Lakh
EBITDA margin 10.7%
Authorised capital
₹10,000
Registered with MCA
Paid-up capital
₹10,000
Issued & subscribed
Company age
3 yrs
Est. 2023
Directors on board
3
As per MCA filings
Brands
1
Associated brands

About Merit Incentives India Private Limited

Data last updated:

Merit Incentives India Private Limited is a private limited company based in Bangalore, Karnataka, India. It was incorporated on 08 November 2023.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U62099KA2023PTC180786.

The company has an authorised share capital of ₹10,000 and a paid-up capital of ₹10,000. It is led by directors including Habeeb Rahman and Amit Kumar Pandey.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.

As per the financials filed for FY 2025, the company reported a revenue of ₹1.51 Cr. For the same year it recorded a net profit of ₹11.72 Lakh (net margin 7.7%) and EBITDA of ₹16.21 Lakh (EBITDA margin 10.7%).

The company is associated with 1 brand: Merit Incentives.

For more details, the company can be reached via its website meritincentives.com.

Company details

CIN U62099KA2023PTC180786
Registration Number 180786
Incorporation Date 08 November 2023
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025

Contact details

Merit Incentives India Private Limited's registered office is in Bangalore, Karnataka.

  • Social Media
  • Registered Address
    G – 001 First Floor South End Sampurna No – 11/ 94, Model Hose Street Basavanagudi, Bangalore, Karnataka, India – 560004
Comprehensive company report
Merit Incentives India Private Limited - one report that includes everything
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Brands

Merit Incentives India operates one associated brand: Merit Incentives. Each brand links to its own profile.

BrandDescriptionWebsite
Merit Incentives is recognized as a global provider of engagement technology.meritincentives.com

Business activity

The main business activity of Merit Incentives India is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Merit Incentives India Private Limited, buy the company report.

Financials of Merit Incentives India Private Limited

FY 2025 filings available

Merit Incentives India Private Limited reported revenue of ₹1.51 Cr for FY 2025.

Revenue · FY 2025
₹1.51 Cr
Net profit · FY 2025
₹11.72 Lakh margin 7.7%
EBITDA · FY 2025
₹16.21 Lakh margin 10.7%

Financial Statement Summary

MetricsFY 2024-25FY 2023-24
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₹16.21 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹11.72 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

MetricsFY 2024-25FY 2023-24
Profitability
EBITDA Margin10.7%
Net Profit Margin7.7%
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 Incentives India Private Limited, buy the company report.

Board of directors of Merit Incentives India Private Limited

Merit Incentives India has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Habeeb RahmanDirector08 Nov 20233 Years 0 MonthsCurrent
Amit Kumar PandeyDirector08 Nov 20233 Years 0 MonthsCurrent
Dakshayini RajeshAdditional Director19 Mar 20242 Years 7 MonthsCurrent

Peer comparison

Merit Incentives India Private Limited is compared with the 7 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Cyquent India Private Limited₹1.51 Cr (FY 2025)-5.0%Pune, Maharashtra, India
Smartech Interactive Private Limited₹1.51 Cr (FY 2025)10.0%Haryana, India
Bliss Emeq Solutions Private Limited₹1.51 Cr (FY 2024)13.0%Chennai, Tamil Nadu, India
Thetabyte Solutions Private Limited₹1.51 Cr (FY 2025)35.0%Varanasi, Uttar Pradesh, India
Virdhi Tech Lab Private Limited₹1.51 Cr (FY 2025)-31.0%Chennai, Tamil Nadu, India
Merit Incentives India Private Limitedthis company₹1.51 Cr (FY 2025)₹11.72 Lakh7.7%Bangalore, Karnataka, India
Appmocx Private Limited₹1.51 Cr (FY 2024)28.0%Bengaluru, Karnataka, India
Iboson Innovations Private Limited₹1.51 Cr (FY 2025)45.0%Thiruvananthapuram, Kerala, India

To see the full peer comparison of Merit Incentives India Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Merit Incentives India 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 Incentives India Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Merit Incentives India Private Limited has 3 board changes on record since 2023: 3 appointments. The latest: Dakshayini Rajesh was appointed as Additional Director on 19 Mar 2024.

AGM
Merit Incentives India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Merit Incentives India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Dakshayini Rajesh was appointed as Additional Director.
Appointed
Amit Kumar Pandey was appointed as Director.
Appointed
Habeeb Rahman was appointed as Director.
Incorporation
08 Nov 2023
Merit Incentives India Private Limited was registered on 08 Nov 2023 with Roc Bangalore & aged 3 years 4 days as per MCA records.

Frequently asked questions

Merit Incentives India is an active private limited company based in Bangalore, Karnataka, India. It was incorporated on 08 November 2023 (3+ years old) and is registered under CIN U62099KA2023PTC180786.

Merit Incentives India has 3 current directors:

The latest financial statements of Merit Incentives India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2024 are in the company report.

The CIN (Corporate Identification Number) of Merit Incentives India is U62099KA2023PTC180786. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Merit Incentives India was incorporated on 08 November 2023, making it 3+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Merit Incentives India by revenue are Cyquent India Private Limited, Smartech Interactive Private Limited, Bliss Emeq Solutions Private Limited, Thetabyte Solutions Private Limited, Virdhi Tech Lab Private Limited and 2 more, all in the same principal business activity (computer programming, consultancy and related activities).

Dakshayini Rajesh was appointed as Additional Director on 19 Mar 2024. Amit Kumar Pandey was appointed as Director on 08 Nov 2023. Habeeb Rahman was appointed as Director on 08 Nov 2023.

Merit Incentives India can be reached through the website meritincentives.com. Its registered office is in Bangalore, Karnataka, India.

The registered office of Merit Incentives India is at G – 001 First Floor South End Sampurna No – 11 94, Model Hose Street Basavanagudi, Bangalore, Karnataka, India – 560004.

Merit Incentives India has 1 associated brand: Merit Incentives.

Merit Incentives India is registered under the jurisdiction of the Registrar of Companies (ROC), Bangalore.