Merit Technologies (India) Limited

Merit Technologies (India) Limited - machinery and equipment in Chennai, Tamil Nadu, India. FY 2026 financials and compliance.
CIN U31200TN1999PLC042230 Incorporated 07 April 1999 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Public Limited Company machinery and equipment
Data last updated
Revenue · FY 2024
₹108.69 Cr
▲ 2.00% YoY
EBITDA · FY 2024
Locked
In full report
Net profit · FY 2024
Locked
In full report
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹3.6 Cr
Issued & subscribed
Open charges
₹35.98 Cr
Satisfied ₹18.72 Cr
Company age
27 yrs
Est. 1999
Employees · EPFO
94
Latest available

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.

Company Details of Merit Technologies (India) Limited
CIN U31200TN1999PLC042230
Registration Number 042230
Incorporation Date 07 April 1999
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    E – 1 First Floor Iiird Phase Thiru Vi Ka Industrial Estate Guindy, Chennai, Tamil Nadu, India – 600032
  • Industry
    Machinery and Equipment, Material Handling & Storage Equipment
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Financials, compliance, directors, charges, ownership and filings for Merit Technologies (India) Limited in one report.

10-year financials Directors & ownership Charges & compliance

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
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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
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Complete auditor history for Merit Technologies (India) Limited

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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.

Current Directors
Name Designation Appointment Date Tenure Status
Gopalakrishnan Ramadurai 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.

Revenue · FY 2024
₹108.69 Cr ▲ 2.00%
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Ownership and Shareholding of Merit Technologies (India) Limited

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Charges & Borrowings of Merit Technologies (India) Limited

Open charges
₹35.98 Cr
Satisfied charges
₹18.72 Cr
Breakdown by lending institutions
Axis Bank Limited₹35.98 Cr
Latest charge details
DateLenderAmountStatus
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 count
94
Active EPFO establishments
1
Employee growth
-43.37%
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Employee and EPFO history for Merit Technologies (India) Limited

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GST Compliance of Merit Technologies (India) Limited

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GST registrations and filing compliance for Merit Technologies (India) Limited

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Credit Ratings, Litigation & Regulatory Alerts for Merit Technologies (India) Limited

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Credit ratings, litigation, and regulatory alerts for Merit Technologies (India) Limited

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MSME Payment Delays by Merit Technologies (India) Limited

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MSME payment history for Merit Technologies (India) Limited

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Subsidiaries & Group Companies of Merit Technologies (India) Limited

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Corporate group structure for Merit Technologies (India) Limited

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MCA Filings & Documents of Merit Technologies (India) Limited

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MCA filings and documents for Merit Technologies (India) Limited

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Recent Activity on Merit Technologies (India) Limited

Charges
05 Dec 2024
A charge registered on 18 Sep 2020 via Charge ID 100381404 with Others was fully satisfied on 05 Dec 2024.
Charges
05 Dec 2024
A charge registered on 23 Jul 2018 via Charge ID 100191912 with Others was fully satisfied on 05 Dec 2024.
Activity
30 Sep 2024
Merit Technologies (India) Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Activity
31 Mar 2024
Merit Technologies (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Charges
11 Jan 2024
A charge with Axis Bank Limited of Rs. 35.18 Cr registered on 26 Nov 2018 with Charge ID 100224373 was modified on 11 Jan 2024.
Charges
26 Jul 2023
A charge registered on 09 Mar 2023 via Charge ID 100698726 with Axis Bank Limited was fully satisfied on 26 Jul 2023.

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:

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.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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