Merit Technologies (India) Limited, a active public limited company, was established on 07 April 1999 in Chennai, Tamil Nadu, India. Engaging in material handling & storage equipment within the manufacturing sector, it holds CIN: U31200TN1999PLC042230. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹5.00 Cr and a paid-up capital of ₹3.60 Cr.
It upholds a compliant status. Employing 94 professional, Its leadership includes Gopalakrishnan Ramadurai (Director), Mathuru Narendra Reddy (Director), Thangappan Titus Rajakumar (Director). It holds ₹35.98 Cr open charges and ₹18.72 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at E-1, First Floor, Iiird Phase Thiru Vi Ka Industrial Estate, Guindy, Chennai, Tamil Nadu, 600032.
U31200TN1999PLC042230
042230
07 April 1999
₹5.00 Cr
₹3.60 Cr
Roc Chennai
Unlisted
Active
Explore comprehensive insights into Merit Technologies (India) 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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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Gopalakrishnan Ramadurai | Director | 07 Apr 1999 | Current |
| Mathuru Narendra Reddy | Director | 07 Apr 1999 | Current |
| Thangappan Titus Rajakumar | Director | 07 Apr 1999 | Current |
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Merit Technologies (India) Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 38.47% increase. The company also saw a slight improvement in profitability, with a 9.58% increase in profit. The company's net worth Soared by an impressive increase of 24.28%.
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In 2023, Merit Technologies (India) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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₹359,800,000.00
₹187,166,000.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Feb 2023 | Axis Bank Limited | ₹5.00 M | Open |
| 17 Dec 2020 | Axis Bank Limited | ₹3.00 M | Open |
| 26 Nov 2018 | Axis Bank Limited | ₹35.18 Cr | Open |
| 09 Mar 2023 | Axis Bank Limited | ₹5.00 Cr | Satisfied |
| 18 Sep 2020 | Others | ₹2.65 M | Satisfied |
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Merit Technologies (India) has a workforce of 94 employees as of Apr 08, 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.
Gain comprehensive insights into the Deals and Valuation data of Merit Technologies (India), 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 Technologies (India)'s trajectory.
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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.
A charge registered on 18 Sep 2020 via Charge ID 100381404 with Others was fully satisfied on 05 Dec 2024. was recorded as a recent event.
The activity A charge registered on 23 Jul 2018 via Charge ID 100191912 with Others was fully satisfied on 05 Dec 2024. was completed.
Progress on Merit Technologies (India) Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.
Progress on Merit Technologies (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai. was documented.
Progress on 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. was documented.
Progress on A charge registered on 09 Mar 2023 via Charge ID 100698726 with Axis Bank Limited was fully satisfied on 26 Jul 2023. was documented.
The CIN of Merit Technologies (India) Limited is U31200TN1999PLC042230.
Merit Technologies (India) Limited is headquartered at E-1, First Floor, Iiird Phase Thiru Vi Ka Industrial Estate, Guindy, Chennai, Tamil Nadu, 600032.
Merit Technologies (India) Limited was incorporated on 07 April 1999.
The current directors of Merit Technologies (India) Limited are
The primary industry of Merit Technologies (India) Limited is Manufacturing.
Merit Technologies (India) Limited is unlisted.
The authorized capital of Merit Technologies (India) Limited is ₹5.00 Cr, and the paid-up capital is ₹3.60 Cr.
The compliance status of Merit Technologies (India) Limited is Compliant.
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