Merit Retail Private Limited Company Logo

Merit Retail Private Limited - Company Profile

It is a fashion and textile private limited company based in Karimnagar, Telangana, India, established in 2017.

2017 | Karimnagar, Telangana, India | Active
Last Updated:

About Merit Retail Private Limited

Merit Retail Private Limited, a active private limited company, was established on 16 March 2017 in Karimnagar, Telangana, India. Engaging in fashion retail within the fashion and textile sector, it holds CIN: U52609TG2017PTC115941. Registered under ROC Roc Hyderabad. it is unlisted. It has an authorized capital of ₹0.50 M and a paid-up capital of ₹0.50 M.

It upholds a compliant status. Employing 136 professional, Its leadership includes Munendar Gourishetty (Director), Gourisetti Arun Sai (Director), Gourisetty Varun Nag (Director). Past directors included Gourisetti Arun Sai, Gourisetty Varun Nag, Rachana Sree Potti. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at No.3-5-39, Annamaneni Hanumamma Complex Osmanpura Opp Government Girlsjr.College, Karimnagar, Telangana, 505001.

Company Details

  • CIN/LLPIN

    U52609TG2017PTC115941

  • Registration Number

    115941

  • Incorporation Date

    16 March 2017

  • Authorized Capital

    ₹0.50 M

  • Paid-Up Capital

    ₹0.50 M

  • ROC Code

    Roc Hyderabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 8 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -6.79%
  • Profit Growth -23.14%
  • Ebitda -34.80%
  • Net Worth 28.01%
  • Total Assets -1.72%
Company report

Merit Retail Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Merit Retail 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 Retail Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Munendar GourishettyDirector16 Mar 2017Current
Gourisetti Arun SaiDirector29 Mar 2023Current
Gourisetty Varun NagDirector29 Mar 2023Current
Rachana Sree PottiDirector03 Oct 2017Current
Keshav Gupta TiruveedhulaDirector03 Oct 2017Current
Abhinay Venkata Sai PottiDirector16 Mar 2017Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director28 Sep 2023Past
Pramod AbcsddAdditional Director28 Sep 2023Past
Pramod AbcsddAdditional Director31 Dec 2018Past
Pramod AbcsddAdditional Director31 Dec 2018Past
Pramod AbcsddAdditional Director31 Dec 2018Past
Pramod AbcsddAdditional Director31 Dec 2018Past

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Financial Performance of Merit Retail.

Merit Retail Private Limited, for the financial year ended 2020, experienced Minor drop in revenue, with a 6.79% decrease. The company also saw a substantial fall in profitability, with a 23.14% decrease in profit. The company's net worth Soared by an impressive increase of 28.01%.

Merit Retail revenue growth over time
Merit Retail profit and loss trends over time
  • 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
-6.79%
Revenue from Operations
-6.83%
Total Assets
-1.72%
Profit or Loss
-23.14%
Net Worth
28.01%
EBITDA
-34.80%

What is the Ownership and Shareholding Structure of Merit Retail?

Unlock access to Merit Retail's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

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Charges (Loans)

There are no open charges registered against the company as per our records.

How Many Employees Work at Merit Retail?

Merit Retail has a workforce of 136 employees as of Apr 09, 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 growth trends for Merit Retail Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Merit Retail, 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 Retail'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.

Latest Updates, News, and FAQs on Merit Retail

Recent Activity within the Organization

  • Annual General Meeting

    Progress on Merit Retail Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on Merit Retail Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad. was documented.

  • Director Appointment

    Progress on Gourisetti Arun Sai was appointed as a Director was appointed as a Director on 29 Mar 2023 & has been associated with this company since 2 years 8 months . was documented.

  • Director Appointment

    The activity Gourisetty Varun Nag was appointed as a Director was appointed as a Director on 29 Mar 2023 & has been associated with this company since 2 years 8 months . was completed.

  • Director Appointment

    Progress on Rachana Sree Potti was appointed as a Director was appointed as a Director on 03 Oct 2017 & has been associated with this company since 8 years 1 month . was documented.

  • Director Appointment

    The activity Keshav Gupta Tiruveedhula was appointed as a Director was appointed as a Director on 03 Oct 2017 & has been associated with this company since 8 years 1 month . was completed.

Frequently Asked Questions

  • What is the CIN of Merit Retail Private Limited?

    The CIN of Merit Retail Private Limited is U52609TG2017PTC115941.

  • Where is Merit Retail Private Limited headquartered?

    Merit Retail Private Limited is headquartered at No.3-5-39, Annamaneni Hanumamma Complex Osmanpura Opp Government Girlsjr.College, Karimnagar, Telangana, 505001.

  • When was Merit Retail Private Limited incorporated?

    Merit Retail Private Limited was incorporated on 16 March 2017.

  • Who are the current directors of Merit Retail Private Limited?

    The current directors of Merit Retail Private Limited are

  • What is the primary industry of Merit Retail Private Limited?

    The primary industry of Merit Retail Private Limited is Fashion And Textile.

  • Is Merit Retail Private Limited a listed company?

    Merit Retail Private Limited is unlisted.

  • What is the capital structure of Merit Retail Private Limited?

    The authorized capital of Merit Retail Private Limited is ₹0.50 M, and the paid-up capital is ₹0.50 M.

  • What is the compliance status of Merit Retail Private Limited?

    The compliance status of Merit Retail Private Limited is Compliant.

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