Merit Industries Limited - Company Profile

It is a machinery and equipment public limited company based in Coimbatore, Tamil Nadu, India, established in 1996.
1996 Coimbatore, Tamil Nadu, India Amalgamated
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About Merit Industries Limited

Merit 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.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U17111TZ1996PLC007528

  • Registration Number

    007528

  • Incorporation Date

    28 October 1996

  • Authorized Capital

    ₹7.75 Cr

  • Paid-Up Capital

    ₹7.00 Cr

  • ROC Code

    Roc Coimbatore

  • Listing Status

    Unlisted

  • Company Status

    Amalgamated

Key Metrics
  • Authorised Capital ₹ 7.75 Cr
  • Paid Up Capital ₹ 7.00 Cr
  • Company Age 29 Year, 4 Months
  • Last Filing with ROC 31 Mar 2017
  • Satisfied Charges ₹ 7.00 Cr
  • Revenue Growth **** 24.08%
  • Profit Growth **** 143.14%
  • Ebitda **** 29.54%
  • Net Worth 5.40%
  • Total Assets -7.26%
Company report

Merit Industries Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Merit Industries Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Merit Industries Limited?
Current Directors
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
Past Directors
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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Financial Performance of Merit Industries.

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%.

Merit Industries revenue growth over time
Merit Industries profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 24.08%
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*******
*******
Revenue from Operations
*******
 21.24%
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*******
*******
*******
Total Assets
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 -7.26%
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*******
Profit or Loss
*******
 143.14%
*******
*******
*******
*******
Net Worth
*******
 5.40%
*******
*******
*******
*******
EBITDA
*******
 29.54%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Merit Industries?

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.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹0

Satisfied Charges

₹70,000,000.00

Charges Breakdown by Lending Institutions
  • Oriental Bank Of Commerce : 7.00 Cr
Latest Charge Details
Date Lender Amount Status
22 Dec 2014 Oriental Bank Of Commerce ₹7.00 Cr Satisfied

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How Many Employees Work at Merit Industries?

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.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

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Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Merit Industries
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Merit Industries Limited last Annual general meeting of members was held on 25 Sep 2017 as per latest MCA records. was documented.

  • Balance Sheet

    Merit Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Coimbatore. was recorded as a recent event.

  • Charges

    A charge registered on 22 Dec 2014 via Charge ID 10547801 with Oriental Bank Of Commerce was fully satisfied on 21 Feb 2017. was recorded as a recent event.

  • Director Appointment

    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 11 months . was recorded as a recent event.

  • Charges

    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 recorded as a recent event.

  • Charges

    Progress on A charge with Oriental Bank Of Commerce amounted to Rs. 7.00 Cr with Charge ID 10547801 was registered on 22 Dec 2014. was documented.

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Frequently Asked Questions
What is the CIN of Merit Industries Limited?

The CIN of Merit Industries Limited is U17111TZ1996PLC007528.

Where is Merit Industries Limited headquartered?

Merit Industries Limited is headquartered at No 26 Damu Nagar Coimbatore, Coimbatore, Tamil Nadu, 641045.

When was Merit Industries Limited incorporated?

Merit Industries Limited was incorporated on 28 October 1996.

Who are the current directors of Merit Industries Limited?

The current directors of Merit Industries Limited are

What is the primary industry of Merit Industries Limited?

The primary industry of Merit Industries Limited is Machinery And Equipment.

Is Merit Industries Limited a listed company?

Merit Industries Limited is unlisted.

What is the capital structure of Merit Industries Limited?

The authorized capital of Merit Industries Limited is ₹7.75 Cr, and the paid-up capital is ₹7.00 Cr.

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