About Merit Technologies (India) Limited
Data last updated: 09 January 2026
Merit Technologies (India) Limited is a public limited company based in Chennai, Tamil Nadu, India. It specialises in material handling and storage equipment, a part of the broader machinery and industrial equipment sector. Incorporated on 07 April 1999, the company has been in operation for over 27 years.
Registered with ROC Chennai under CIN U31200TN1999PLC042230.
Capital: an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.6 Cr. It is led by directors including Gopalakrishnan Ramadurai and Mathuru Narendra Reddy.
Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: E – 1 First Floor Iiird Phase Thiru Vi Ka Industrial Estate Guindy, Chennai, Tamil Nadu, India – 600032.
As per the financials filed for FY 2024, the company reported a revenue of ₹108.69 Cr, a growth of 2% compared to the previous year.
The company has a workforce of approximately 94 employees as per the latest available data.
As per MCA filings, the company has open charges of ₹35.98 Cr and satisfied charges of ₹18.72 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website meritbulkhandling.com.
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Registered AddressE – 1 First Floor Iiird Phase Thiru Vi Ka Industrial Estate Guindy, Chennai, Tamil Nadu, India – 600032
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IndustryMachinery and Equipment, Material Handling & Storage Equipment
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Business Activity of Merit Technologies (India) Limited
Merit Technologies (India) Limited is engaged in the principal business activity of manufacturing, with detailed activities including electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
Business activity turnover details for Merit Technologies (India) Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
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Auditor Details of Merit Technologies (India) Limited
Merit Technologies (India) Limited is audited by RAVI & RAGU for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAVI & RAGU | Locked | Locked | Locked |
Complete auditor history for Merit Technologies (India) Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
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Board of Directors of Merit Technologies (India) Limited
Merit Technologies (India) Limited is governed by 3 directors who oversee the company's operations and strategic decisions.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Gopalakrishnan Ramadurai
Also directs:
Merit Bmh Engineering Private Limited
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Director | 07 Apr 1999 | 27 Years 3 Months | Current |
| Mathuru Narendra Reddy | Director | 07 Apr 1999 | 27 Years 3 Months | Current |
| Thangappan Titus Rajakumar | Director | 07 Apr 1999 | 27 Years 3 Months | Current |
Financials of Merit Technologies (India) Limited FY 2024 filings available
Merit Technologies (India) Limited reported revenue of ₹108.69 Cr (up 2.00% YoY) for FY 2024.
Ten-year financial statements for Merit Technologies (India) Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
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Ownership and Shareholding of Merit Technologies (India) Limited
Shareholding and ownership data for Merit Technologies (India) Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
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Charges & Borrowings of Merit Technologies (India) Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Feb 2023 | Axis Bank Limited | ₹50 Lakh | Open |
| 17 Dec 2020 | Axis Bank Limited | ₹30 Lakh | Open |
| 26 Nov 2018 | Axis Bank Limited | ₹35.18 Cr | Open |
| 09 Mar 2023 | Axis Bank Limited | ₹5 Cr | Satisfied |
| 18 Sep 2020 | Others | ₹26.5 Lakh | Satisfied |
Total charge records: 11 View all charges
Employees and EPFO Compliance at Merit Technologies (India) Limited
Merit Technologies (India) Limited has a workforce of 94 employees as of Sep 26, 2025.
Employee and EPFO history for Merit Technologies (India) Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
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GST Compliance of Merit Technologies (India) Limited
GST registrations and filing compliance for Merit Technologies (India) Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
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Credit Ratings, Litigation & Regulatory Alerts for Merit Technologies (India) Limited
Credit ratings, litigation, and regulatory alerts for Merit Technologies (India) Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
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MSME Payment Delays by Merit Technologies (India) Limited
MSME payment history for Merit Technologies (India) Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
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Subsidiaries & Group Companies of Merit Technologies (India) Limited
Corporate group structure for Merit Technologies (India) Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
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MCA Filings & Documents of Merit Technologies (India) Limited
MCA filings and documents for Merit Technologies (India) Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on Merit Technologies (India) Limited
Frequently Asked Questions about Merit Technologies (India) Limited
Merit Technologies (India) Limited is an active public limited company in the machinery and equipment sector based in Chennai, Tamil Nadu, India. It was incorporated on 07 April 1999 (27+ years old) and is registered under CIN U31200TN1999PLC042230. The company has 94 employees.
Merit Technologies (India) Limited reported revenue of ₹108.69 Cr for FY 2024 (up 2.00% YoY).
The current directors of Merit Technologies (India) Limited are:
- Gopalakrishnan Ramadurai - Director
- Mathuru Narendra Reddy - Director
- Thangappan Titus Rajakumar - Director
The primary industry of Merit Technologies (India) Limited is machinery and equipment. The company specifically operates in material handling and storage equipment. The company is currently active in this sector.
Merit Technologies (India) Limited can be reached at the registered office: E – 1 First Floor Iiird Phase Thiru Vi Ka Industrial Estate Guindy, Chennai, Tamil Nadu, India – 600032, or through the website meritbulkhandling.com.
The authorised capital is ₹5 Cr, and the paid-up capital is ₹3.6 Cr.