It is a machinery and equipment public limited company based in Coimbatore, Tamil Nadu, India, established in 1996.
1996 | Coimbatore, Tamil Nadu, India | AmalgamatedMerit Industries Limited, a amalgamated public limited company, was established on 28 October 1996 in Coimbatore, Tamil Nadu, India. Engaging in hydraulic machinery & equipment within the machinery and equipment sector, it holds CIN: U17111TZ1996PLC007528. Registered under ROC Roc Coimbatore. it is unlisted. It has an authorized capital of ₹7.75 Cr and a paid-up capital of ₹7.00 Cr.
Employing 12 professional, Its leadership includes Harsh Prithviraj Parikh (Director), Muthusamy Loganathan (Whole-Time Director), Srinivasan Ramalingam (Director). Past directors included Harsh Prithviraj Parikh, Muthusamy Loganathan, Srinivasan Ramalingam. It holds no open charges and ₹7.00 Cr settled loans. Its latest AGM occurred on 25 September 2017, with the balance sheet filed on 31 March 2017. It is based at No 26 Damu Nagar Coimbatore, Coimbatore, Tamil Nadu, 641045.
U17111TZ1996PLC007528
007528
28 October 1996
₹7.75 Cr
₹7.00 Cr
Roc Coimbatore
Unlisted
Amalgamated
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Harsh Prithviraj Parikh | Director | 29 Sep 2014 | Current |
| Muthusamy Loganathan | Whole-Time Director | 01 Apr 1997 | Current |
| Srinivasan Ramalingam | Director | 21 Mar 2016 | Current |
| Prithviraj Somchand Parikh | Director | 29 Sep 2014 | Current |
| Ackanaickenpalayam Venkataswamy Palaniswamy | Director | 14 Aug 2014 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Director | 28 Sep 2015 | Past |
| Pramod Abcsdd | Director | 01 Sep 2015 | Past |
| Pramod Abcsdd | Additional Director | 08 Sep 2016 | Past |
| Pramod Abcsdd | Director | 21 Mar 2016 | Past |
| Pramod Abcsdd | Director | 28 Sep 2015 | Past |
| Pramod Abcsdd | Director | 21 Mar 2016 | Past |
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Merit Industries Limited, for the financial year ended 2017, experienced significant growth in revenue, with a 24.08% increase. The company also saw a substantial improvement in profitability, with a 143.14% increase in profit. The company's net worth moved up by a moderate rise of 5.4%.
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In 2017, Merit Industries had a promoter holding of 44.97% and a public holding of 55.04%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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₹0
₹70,000,000.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Dec 2014 | Oriental Bank Of Commerce | ₹7.00 Cr | Satisfied |
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Merit Industries has a workforce of 12 employees as of Apr 01, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
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Merit Industries Limited last Annual general meeting of members was held on 25 Sep 2017 as per latest MCA records. was recorded as a recent event.
Progress on Merit Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Coimbatore. was documented.
Progress on A charge registered on 22 Dec 2014 via Charge ID 10547801 with Oriental Bank Of Commerce was fully satisfied on 21 Feb 2017. was documented.
Srinivasan Ramalingam was appointed as a Director was appointed as a Director on 21 Mar 2016 & has been associated with this company since 9 years 8 months . was recorded as a recent event.
Progress on A charge with Oriental Bank Of Commerce of Rs. 7.00 Cr registered on 22 Dec 2014 with Charge ID 10547801 was modified on 02 Dec 2015. was documented.
A charge with Oriental Bank Of Commerce amounted to Rs. 7.00 Cr with Charge ID 10547801 was registered on 22 Dec 2014. was recorded as a recent event.
The CIN of Merit Industries Limited is U17111TZ1996PLC007528.
Merit Industries Limited is headquartered at No 26 Damu Nagar Coimbatore, Coimbatore, Tamil Nadu, 641045.
Merit Industries Limited was incorporated on 28 October 1996.
The current directors of Merit Industries Limited are
The primary industry of Merit Industries Limited is Machinery And Equipment.
Merit Industries Limited is unlisted.
The authorized capital of Merit Industries Limited is ₹7.75 Cr, and the paid-up capital is ₹7.00 Cr.
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