Merit Spinners Private Limited
About Merit Spinners Private Limited
Data last updated: 25 July 2025
Merit Spinners Private Limited is a private limited company based in Kangeyam Erode Dt, Tamil Nadu, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It specialises in textile and fabric production, a part of the broader manufacturing sector. Incorporated on 31 August 1994, the company has been in operation for over 32 years.
Registered with ROC Coimbatore under CIN U17111TZ1994PTC005308.
Capital: an authorised share capital of ₹2.75 Cr and a paid-up capital of ₹1.74 Cr. It is led by directors including Natarajan Ramasamy and Saravanan Ramamurthy.
Last AGM: 05 September 2014. Financial statements filed for year ended 31 March 2014. Office: 15/48 Vadugapallayamnalroad Village Parancher Vazhi Po, Kangeyam Erode Dt, Tamil Nadu, India – 638701.
As per MCA filings, the company has open charges of ₹5.04 Cr on record.
The company is currently under liquidation - its assets are being sold to settle outstanding debts. It may lack the legal capacity to fulfil new agreements, and creditors are prioritised in the distribution of proceeds.
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Registered Address15/48 Vadugapallayamnalroad Village Parancher Vazhi Po, Kangeyam Erode Dt, Tamil Nadu, India – 638701
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IndustryManufacturing, Textile & Fabric Production
- Historical Financials and ratios
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Board of Directors of Merit Spinners Private Limited
Merit Spinners Private Limited is governed by 5 directors who oversee the company's operations and strategic decisions.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Natarajan Ramasamy | Managing Director | 16 May 1998 | 28 Years 2 Months | As last reported |
| Saravanan Ramamurthy | Director | 16 May 1998 | 28 Years 2 Months | As last reported |
| Venkatachalam Ramanthakrishnan | Director | 01 Dec 1994 | 31 Years 7 Months | As last reported |
| Balasubramaniam Nandakumar | Additional Director | 01 Aug 2014 | 11 Years 11 Months | As last reported |
| Velmurugan Kittusamy | Additional Director | 01 Aug 2014 | 11 Years 11 Months | As last reported |
Financials of Merit Spinners Private Limited FY 2014 filings available
Ten-year financial statements for Merit Spinners Private Limited
Historical statement values and trend charts require an active report plan.
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Charges & Borrowings of Merit Spinners Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Oct 1999 | Sundaram Finance Limited | ₹4.11 Lakh | Open |
| 02 Jan 1998 | The Catholic Syrian Bank Limited | ₹1 Cr | Open |
| 14 Feb 1997 | Asset Reconstruction Company (India) Limited | ₹1.75 Cr | Open |
| 06 May 1996 | Asset Reconstruction Company (India) Limited | ₹2.25 Cr | Open |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Merit Spinners Private Limited
View historical data on people associated with Merit Spinners Private Limited, including employment history and EPFO contributions.
Employee and EPFO history for Merit Spinners Private Limited
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GST Compliance of Merit Spinners Private Limited
GST registrations and filing compliance for Merit Spinners Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Merit Spinners Private Limited
Credit ratings, litigation, and regulatory alerts for Merit Spinners Private Limited
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MSME Payment Delays by Merit Spinners Private Limited
MSME payment history for Merit Spinners Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
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Subsidiaries & Group Companies of Merit Spinners Private Limited
Corporate group structure for Merit Spinners Private Limited
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MCA Filings & Documents of Merit Spinners Private Limited
MCA filings and documents for Merit Spinners Private Limited
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Recent Activity on Merit Spinners Private Limited
Frequently Asked Questions about Merit Spinners Private Limited
Merit Spinners Private Limited is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Merit Spinners Private Limited is a company under liquidation, formerly operating as a private limited company in the manufacturing sector based in Kangeyam Erode Dt, Tamil Nadu, India. It was incorporated on 31 August 1994 and is registered under CIN U17111TZ1994PTC005308. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
The current directors of Merit Spinners Private Limited are:
- Natarajan Ramasamy - Managing Director
- Saravanan Ramamurthy - Director
- Venkatachalam Ramanthakrishnan - Director
- Balasubramaniam Nandakumar - Additional Director
- Velmurugan Kittusamy - Additional Director
The CIN (Corporate Identification Number) of Merit Spinners Private Limited is U17111TZ1994PTC005308. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Merit Spinners Private Limited has open charges of ₹5.04 Cr and no satisfied charges on record as per latest MCA filings.
The primary industry of Merit Spinners Private Limited is manufacturing. The company specifically operates in textile and fabric production.