Merit Resorts Private Limited - Company Profile

It is a tourism and accommodation private limited company based in Chennai, Tamil Nadu, India, established in 1996.
1996 Chennai, Tamil Nadu, India Struck Off
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About Merit Resorts Private Limited

Merit Resorts Private Limited, a struck off private limited company, was established on 15 November 1996 in Chennai, Tamil Nadu, India. Engaging in hotels within the tourism and accommodation sector, it holds CIN: U55101TN1996PTC036928. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹5.00 M and a paid-up capital of ₹2.50 M.

It upholds a active non-compliant status. Its leadership includes Sarangapani Shaalini (Director), Babu Lal (Director). Past directors included Sarangapani Maram Reddy. It holds no open charges and ₹16.00 Cr settled loans. It is based at Regus Citi Centre, Level 6 10/11, Dr. Radhakrishnan Salai, Mylapore, Chennai, Tamil Nadu, 600004.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U55101TN1996PTC036928

  • Registration Number

    036928

  • Incorporation Date

    15 November 1996

  • Authorized Capital

    ₹5.00 M

  • Paid-Up Capital

    ₹2.50 M

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Struck Off

Key Metrics
  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 29 Year, 4 Months
  • Satisfied Charges ₹ 16.00 Cr
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Merit Resorts Private Limited

Company Report FY 2025-2026

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Who are the key members and board of directors at Merit Resorts Private Limited?
Current Directors
Name Designation Appointment Date Status
Sarangapani Shaalini Director 15 Nov 1996 Current
Babu Lal Director 06 Sep 2012 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 07 Sep 2012 Past

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Financial Performance of Merit Resorts.

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Merit Resorts revenue growth over time
Merit Resorts 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
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What is the Ownership and Shareholding Structure of Merit Resorts?

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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

₹160,000,000.00

Charges Breakdown by Lending Institutions
  • Canara Bank : 16.00 Cr
Latest Charge Details
Date Lender Amount Status
06 Jan 2005 Canara Bank ₹16.00 Cr Satisfied

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How Many Employees Work at Merit Resorts?

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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
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Rating
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Alerts
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Latest Updates, News, and FAQs on Merit Resorts
Recent Activity within the Organization
  • Charges

    The activity A charge registered on 06 Jan 2005 via Charge ID 90284801 with Canara Bank was fully satisfied on 22 Feb 2018. was completed.

  • Director Appointment

    Babu Lal was appointed as a Director was appointed as a Director on 06 Sep 2012 & has been associated with this company since 13 years 6 months . was recorded as a recent event.

  • Charges

    A charge with Canara Bank of Rs. 160.00 M registered on 06 Jan 2005 with Charge ID 90284801 was modified on 07 Jan 2005. was recorded as a recent event.

  • Charges

    Progress on A charge with Canara Bank amounted to Rs. 160.00 M with Charge ID 90284801 was registered on 06 Jan 2005. was documented.

  • Director Appointment

    Sarangapani Shaalini was appointed as a Director was appointed as a Director on 15 Nov 1996 & has been associated with this company since 29 years 4 months . was recorded as a recent event.

  • Company Incorporation

    Progress on Merit Resorts Private Limited was registered on 15 Nov 1996 with Roc Chennai & aged 29 years 4 months as per MCA records. was documented.

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Frequently Asked Questions
What is the CIN of Merit Resorts Private Limited?

The CIN of Merit Resorts Private Limited is U55101TN1996PTC036928.

Where is Merit Resorts Private Limited headquartered?

Merit Resorts Private Limited is headquartered at Regus Citi Centre, Level 6 10/11, Dr. Radhakrishnan Salai, Mylapore, Chennai, Tamil Nadu, 600004.

When was Merit Resorts Private Limited incorporated?

Merit Resorts Private Limited was incorporated on 15 November 1996.

Who are the current directors of Merit Resorts Private Limited?

The current directors of Merit Resorts Private Limited are

What is the primary industry of Merit Resorts Private Limited?

The primary industry of Merit Resorts Private Limited is Tourism And Accommodation.

Is Merit Resorts Private Limited a listed company?

Merit Resorts Private Limited is unlisted.

What is the capital structure of Merit Resorts Private Limited?

The authorized capital of Merit Resorts Private Limited is ₹5.00 M, and the paid-up capital is ₹2.50 M.

What is the compliance status of Merit Resorts Private Limited?

The compliance status of Merit Resorts Private Limited is Active Non-Compliant.

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