About Merit Incentives India Private Limited
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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.
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- Social Media
- Registered AddressG – 001 First Floor South End Sampurna No – 11/ 94, Model Hose Street Basavanagudi, Bangalore, Karnataka, India – 560004
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
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Business Activity of Merit Incentives India Private Limited
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 Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
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.
Financial Statement Summary of Merit Incentives India Private Limited
| Metrics | FY 2024-25 | FY 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 of Merit Incentives India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 10.7% | •••• |
| Net Profit Margin | 7.7% | •••• |
| 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 | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Merit Incentives India are in the company report.
Financial statements from FY 2024
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Merit Incentives India Private Limited
Merit Incentives India Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 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 Limited this company | ₹1.51 Cr (FY 2025) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Hephzibah Technologies India Private Limited | ₹1.51 Cr (FY 2024) | •••• | •••• | •••• | Palayankottai, Tamil Nadu, India | |
| Kokosnoot Technologies Private Limited | ₹1.51 Cr (FY 2025) | •••• | •••• | 1008.0% | •••• | Pune, Maharashtra, India |
| Subsoft IT Private Limited | ₹1.51 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Hyderabad, Telangana, 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 |
Peers are the five companies nearest above and the five nearest below Merit Incentives India by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in 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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Habeeb Rahman | Director | 08 Nov 2023 | 2 Years 11 Months | Current |
| Amit Kumar Pandey | Director | 08 Nov 2023 | 2 Years 11 Months | Current |
| Dakshayini Rajesh Also directs: Pollen Tech India Private Limited, Raushni Data India Private Limited, Intalent Software Private Limited and 5 more | Additional Director | 19 Mar 2024 | 2 Years 6 Months | Current |
Charges & Borrowings of Merit Incentives India Private Limited
Merit Incentives India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Merit Incentives India Private Limited
Merit Incentives India operates one associated brand: Merit Incentives. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Merit Incentives is recognized as a global provider of engagement technology. | meritincentives.com |
Employees and EPFO Compliance at Merit Incentives India Private Limited
Employment history and EPFO contributions of people linked to Merit Incentives India.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Merit Incentives India Private Limited
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.
Credit Ratings, Litigation & Regulatory Alerts for Merit Incentives India Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Merit Incentives India Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Merit Incentives India Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Merit Incentives India Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Merit Incentives India Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Merit Incentives India Private Limited
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 reported revenue of ₹1.51 Cr for FY 2025.
Merit Incentives India has 3 current directors:
- Habeeb Rahman - Director
- Amit Kumar Pandey - Director
- Dakshayini Rajesh - Additional Director
Merit Incentives India reported a net profit of ₹11.72 Lakh (net margin 7.7%) and EBITDA of ₹16.21 Lakh (EBITDA margin 10.7%) for FY 2025, as per its filed financial statements.
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 5 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 an authorised share capital of ₹10,000 and a paid-up capital of ₹10,000.