Merit Sales Private Limited
About Merit Sales Private Limited
Data last updated:
Merit Sales Private Limited was a private limited company based in Subhanpura, Gujarat, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the diversified financial services segment of the financial services sector. It was incorporated on 19 November 2010.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51909GJ2010PTC084553.
The company had an authorised share capital of ₹2.5 Lakh and a paid-up capital of ₹2.5 Lakh. It was led by directors Bindiya Sanjay Kumar Shah and Sanjay Shah Chhotalal.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Subhanpura, Gujarat.
Court records list 1 case involving the company, including 1 filed by the company.
Company details
CIN history
Merit Sales has one previous CIN (Corporate Identification Number): U51909WB2010PTC154763. The current CIN is U51909GJ2010PTC084553, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909GJ2010PTC084553 | Current |
| U51909WB2010PTC154763 | Previous |
Contact details
Merit Sales Private Limited's registered office is in Subhanpura, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address11/C Jaishri Narayan Co – Op. Housing Soc Vidhya Vihar School Lane Off: High Tens, Ion Road, Subhanpura, Gujarat, India – 390023
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Merit Sales Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Merit Sales Private Limited
FY 2022 filings availableMerit Sales Private Limited reported revenue of ₹1,000 (up 10% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 10% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1,000 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | |||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | |||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Merit Sales Private Limited, buy the company report.
Board of directors of Merit Sales Private Limited
Merit Sales has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bindiya Sanjay Kumar Shah Also directs: Aikya Chemicals Private Limited, Cube Construction Engineering Limited, Ved Indian Heritage Haat Foundation and 5 more | Director | 01 Oct 2013 | 13 Years 1 Months | As last reported |
| Sanjay Shah Chhotalal Also directs: Aikya Chemicals Private Limited, Cube Construction Engineering Limited, Sancube Infra Projects Private Limited and 2 more | Director | 01 Oct 2013 | 13 Years 1 Months | As last reported |
Auditor
Merit Sales Private Limited is audited by AJIT TUSHAR & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AJIT TUSHAR & CO | FY 2022 | 136343W |
Shareholding
The shareholding of Merit Sales Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Merit Sales Private Limited, buy the company report.
Legal cases
Merit Sales Private Limited has 1 court case on record: 1 filed by Merit Sales. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Ahmedabad | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of Merit Sales Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Merit Sales Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Merit Sales Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Merit Sales Private Limited has 9 board changes on record since 2011: 2 appointments and 7 cessations. The latest: Sudip Shah ceased to be Director on 04 Jan 2017.
Frequently asked questions
Merit Sales has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Merit Sales was a private limited company based in Subhanpura, Gujarat, India. The company worked in diversified financial services, within the financial services industry. It was incorporated on 19 November 2010 and is registered under CIN U51909GJ2010PTC084553. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Merit Sales was incorporated on 19 November 2010. It is registered with the Registrar of Companies, Ahmedabad.
Merit Sales had 2 directors:
- Bindiya Sanjay Kumar Shah - Director
- Sanjay Shah Chhotalal - Director
The CIN (Corporate Identification Number) of Merit Sales is U51909GJ2010PTC084553. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Merit Sales is at 11C Jaishri Narayan Co – Op. Housing Soc Vidhya Vihar School Lane Off: High Tens, Ion Road, Subhanpura, Gujarat, India – 390023.
The latest financial statements of Merit Sales on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
Merit Sales operated in the financial services industry, in the diversified financial services segment.
Merit Sales has 1 court case on record: 1 filed by the company.
Sudip Shah ceased to be Director on 04 Jan 2017. Bindiya Sanjay Kumar Shah was appointed as Director on 01 Oct 2013. Rakesh Kumar Tiwari ceased to be Director on 01 Oct 2013. Merit Sales has 9 board changes on record in total.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
