Merit Medical Systems India Private Limited - Company Profile

It is a healthcare foreign private limited company based in Bengaluru, Karnataka, India, established in 2012.
2012 Bengaluru, Karnataka, India Active
Last Updated:
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About Merit Medical Systems India Private Limited

Merit Medical Systems India Private Limited, a active foreign private limited company, was established on 29 February 2012 in Bengaluru, Karnataka, India. Engaging in medical equipment retail & distribution within the healthcare sector, it holds CIN: U85100MH2012FTC227516. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹6.00 M and a paid-up capital of ₹0.82 M.

It upholds a compliant status. Employing 18 professional, Its leadership includes Brian Glen Lloyd (Director), Kathirvelu Balasubramaniyan (Whole-Time Director), Christian Adam Smith (Director). Past directors included Fred Peter Lampropoulos, Kent Stanger, Rashelle Perry. It holds ₹1.50 M open charges and no settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 404 & 405, 4Th Floor, H. M. Geneva House, 14 Cunningham Road, Bengaluru, Karnataka, 560052.

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

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U85100MH2012FTC227516

  • Registration Number

    227516

  • Incorporation Date

    29 February 2012

  • Authorized Capital

    ₹6.00 M

  • Paid-Up Capital

    ₹0.82 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 6.00 M
  • Paid Up Capital ₹ 0.82 M
  • Company Age 13 Year, 11 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 1.50 M
  • Revenue Growth **** 65.10%
  • Profit Growth **** 759.57%
  • Ebitda **** -145.74%
  • Net Worth 33.69%
  • Total Assets **** 56.43%
Company report

Merit Medical Systems India Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Merit Medical Systems India Private 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 Medical Systems India Private Limited?
Current Directors
Name Designation Appointment Date Status
Brian Glen Lloyd Director 21 Aug 2018 Current
Kathirvelu Balasubramaniyan Whole-Time Director 06 Dec 2017 Current
Christian Adam Smith Director 04 Feb 2025 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 23 Aug 2018 Past
Pramod Abcsdd Director 31 Dec 2015 Past
Pramod Abcsdd Director 30 Nov 2015 Past
Pramod Abcsdd Additional Director 28 Sep 2018 Past
Pramod Abcsdd Director 06 Dec 2017 Past
Pramod Abcsdd Director 03 Nov 2015 Past

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Financial Performance of Merit Medical Systems India.

Merit Medical Systems India Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 65.1% increase. The company also saw a substantial improvement in profitability, with a 759.57% increase in profit. The company's net worth Soared by an impressive increase of 33.69%.

Merit Medical Systems India revenue growth over time
Merit Medical Systems India 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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 65.10%
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Revenue from Operations
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 65.09%
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Total Assets
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 56.43%
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Profit or Loss
*******
 759.57%
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Net Worth
*******
 33.69%
*******
*******
*******
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EBITDA
*******
 -145.74%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Merit Medical Systems India?

In 2019, Merit Medical Systems India had a promoter holding of 100.00%. 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

₹1,500,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • The Hongkong And Shanghai Banking Corporation Limited : 0.15 Cr
Latest Charge Details
Date Lender Amount Status
29 Jul 2023 The Hongkong And Shanghai Banking Corporation Limited ₹1.50 M Open

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How Many Employees Work at Merit Medical Systems India?

Merit Medical Systems India has a workforce of 18 employees as of Apr 08, 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

Gain comprehensive insights into the Deals and Valuation data of Merit Medical Systems India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Merit Medical Systems India's trajectory.

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 Medical Systems India
Recent Activity within the Organization
  • Annual General Meeting

    The activity Merit Medical Systems India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was completed.

  • Balance Sheet

    Progress on Merit Medical Systems India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was documented.

  • Director Appointment

    The activity Christian Adam Smith was appointed as a Director was appointed as a Director on 04 Feb 2025 & has been associated with this company since 1 year 10 days . was completed.

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 1.50 M with Charge ID 100790204 was registered on 29 Jul 2023. was recorded as a recent event.

  • Director Appointment

    The activity Brian Glen Lloyd was appointed as a Director was appointed as a Director on 21 Aug 2018 & has been associated with this company since 7 years 5 months . was completed.

  • Director Appointment

    The activity Kathirvelu Balasubramaniyan was appointed as a Whole-time director was appointed as a Whole-time director on 06 Dec 2017 & has been associated with this company since 8 years 2 months . was completed.

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Frequently Asked Questions
What is the CIN of Merit Medical Systems India Private Limited?

The CIN of Merit Medical Systems India Private Limited is U85100MH2012FTC227516.

Where is Merit Medical Systems India Private Limited headquartered?

Merit Medical Systems India Private Limited is headquartered at 404 & 405, 4Th Floor, H. M. Geneva House, 14 Cunningham Road, Bengaluru, Karnataka, 560052.

When was Merit Medical Systems India Private Limited incorporated?

Merit Medical Systems India Private Limited was incorporated on 29 February 2012.

Who are the current directors of Merit Medical Systems India Private Limited?

The current directors of Merit Medical Systems India Private Limited are

What is the primary industry of Merit Medical Systems India Private Limited?

The primary industry of Merit Medical Systems India Private Limited is Healthcare.

Is Merit Medical Systems India Private Limited a listed company?

Merit Medical Systems India Private Limited is unlisted.

What is the capital structure of Merit Medical Systems India Private Limited?

The authorized capital of Merit Medical Systems India Private Limited is ₹6.00 M, and the paid-up capital is ₹0.82 M.

What is the compliance status of Merit Medical Systems India Private Limited?

The compliance status of Merit Medical Systems India Private Limited is Compliant.

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