MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-PB-20-0017283
Meritech Software Private Limited - information technology in Mohali, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹45.84 Cr
▲ 21% YoY
Net profit · FY 2024
₹4.66 Cr
Net margin 10.2%
EBITDA · FY 2024
₹7.57 Cr
EBITDA margin 16.5%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹2.42 Cr
Issued & subscribed
Open charges
₹15 Cr
Secured borrowings
Company age
22 yrs
Est. 2004
Directors on board
2
As per MCA filings
About Meritech Software Private Limited
Data last updated:
Meritech Software Private Limited is a private limited company based in Mohali, Punjab, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 01 March 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U72900PB2004PTC049820. Its GSTIN is 03AADCM8774B1ZM (Punjab). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.42 Cr. It is led by directors Arif Eqbal (Whole-Time Director) and Harish Kumar Sachdeva.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Sector 83, Mohali, Punjab.
As per the financials filed for FY 2024, the company reported a revenue of ₹45.84 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹4.66 Cr (net margin 10.2%) and EBITDA of ₹7.57 Cr (EBITDA margin 16.5%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 20% over five years.
Its group structure includes 2 subsidiaries.
The company is associated with 2 brands: Meritech Software and Meritech. As per MCA filings, the company has open charges of ₹15 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company.
Meritech Software Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-20-0017283). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website meritechsolutions.com.
Company Details of Meritech Software Private Limited
CIN U72900PB2004PTC049820
Registration Number 049820
Incorporation Date 01 March 2004
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-PB-20-0017283
CIN History of Meritech Software Private Limited
Meritech Software has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U72900PB2004PTC049820, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900PB2004PTC049820 | Current |
| U72900HR2004PTC053770 | Previous |
| U72900DL2004PTC124913 | Previous |
Recognitions & Rankings of Meritech Software
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot No. I – 38 Meritech Bhawan, Sector 83 – A IT City, Mohali, Punjab, India – 140306
- IndustryInformation Technology, Software Development & Support Services
Comprehensive company report
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Associated Brands with Meritech Software Private Limited
Meritech Software operates two associated brands: Meritech Software and Meritech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of wireless, IoT, and IT solutions globally. | meritech.co.in | |
| Meritech is recognized as a leading manufacturer of mobile network solutions and provider of IT and IoT services globally. | meritechsolutions.com |
Business Activity of Meritech Software Private Limited
The main business activity of Meritech Software is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Meritech Software Private Limited FY 2025 filings available
Meritech Software Private Limited reported revenue of ₹45.84 Cr (up 21% YoY) for FY 2024.
Revenue · FY 2024
₹45.84 Cr ▲ 21%
Net profit · FY 2024
₹4.66 Cr margin 10.2%
EBITDA · FY 2024
₹7.57 Cr margin 16.5%
Compounded Annual Growth Rate (CAGR) of Meritech Software Private Limited
Revenue CAGR growth
1 year
▲ 21%
3 years · compounded
▲ 15%
5 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▲ 37%
3 years · compounded
▼ 24%
5 years · compounded
▼ 4%
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 21% growth in the latest year. EBITDA rose 37% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Meritech Software Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹45.84 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹7.57 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.66 Cr | •••• | •••• | •••• | •••• |
| 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 of Meritech Software Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 10.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Meritech Software are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
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Verified entity values are shown only after access is granted.
Board of Directors of Meritech Software Private Limited
Meritech Software has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arif Eqbal Also directs: Meritech Solutions Private Limited | Whole-Time Director | 01 May 2020 | 6 Years 5 Months | Current |
| Harish Kumar Sachdeva | Nominee Director | 22 Mar 2020 | 6 Years 7 Months | Current |
Peer Comparison of Meritech Software Private Limited
Meritech Software Private Limited is compared with the companies closest to it by revenue in the Telecom industry (IT Consulting and Services, Telecom Equipment and Technology). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| G4s Corporate Services (India) Private Limited | ₹46.36 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | New Delhi, Delhi, India |
| GTT Communications India Private Limited | ₹46.29 Cr (FY 2024) | •••• | •••• | 16.0% | •••• | Pune, Maharashtra, India |
| Seela Infratech Private Limited | ₹46.16 Cr (FY 2025) | •••• | •••• | 45.0% | •••• | New Delhi, Delhi, India |
| New Balance IT Services India Private Limited | ₹45.9 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Pune, Maharashtra, India |
| Hostroyale Technologies Private Limited | ₹45.84 Cr (FY 2024) | •••• | •••• | 6.0% | •••• | Pune, Maharashtra, India |
| Meritech Software Private Limited this company | ₹45.84 Cr (FY 2024) | •••• | •••• | 21.0% | •••• | Mohali, Punjab, India |
| Tenable Network Security India Private Limited | ₹45.8 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Mumbai, Maharashtra, India |
| Sanchar Wireless Communications Limited | ₹45.63 Cr (FY 2025) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Pehe Private Limited | ₹45.63 Cr (FY 2025) | •••• | •••• | 87.0% | •••• | Bangalore, Karnataka, India |
| Gujarat Informatics Limited | ₹45.54 Cr (FY 2019) | •••• | •••• | 28.0% | •••• | Gandhinagar, Gujarat, India |
| Tek Components Pvt.Ltd. | ₹45.43 Cr (FY 2020) | •••• | •••• | -12.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Meritech Software by revenue in the Telecom industry (IT Consulting and Services, Telecom Equipment and Technology), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Meritech Software Private Limited
Meritech Software Private Limited is audited by GSAP & Associates LLP for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GSAP & Associates LLP | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Meritech Software Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Meritech Software Private Limited
Open charges
₹15 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Nov 2024 | Hdfc Bank Limited | ₹15 Cr | Open |
Total charge records: 1 View all charges
Legal Cases of Meritech Software Private Limited
Meritech Software Private Limited has 3 court cases on record: 3 filed by Meritech Software. All cases are disposed.
Total cases
3
Filed by the company
3
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
| District courts | 1 | 0 | 0 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Writ petition | Filed by the company against Bharat Sanchar Nigam Ltd. | Disposed |
| District court, Kurukshetra, Haryana | Cheque dishonour complaint | Filed by the company against an individual | Disposed |
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Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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.
Employees and EPFO Compliance at Meritech Software Private Limited
Employment history and EPFO contributions of people linked to Meritech Software.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Group Structure of Meritech Software Private Limited
Meritech Software has 2 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
2
Subsidiary companies
Key Subsidiaries
| Company Name | CIN | Shares Held |
|---|---|---|
| Eoxys Systems India Private Limited | U72900KA2010PTC053601 | Locked |
| Meritech Solutions Private Limited | U72900PB2020FTC051611 | Locked |
Showing major subsidiaries. Total: 2.
Recent Activity on Meritech Software Private Limited
Meritech Software Private Limited has 4 board changes on record since 2020: 2 appointments and 2 cessations. The latest: Anita Rawal ceased to be Director on 12 May 2020.
AGM
Meritech Software Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Meritech Software Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Charges
A charge with Hdfc Bank Limited of Rs. 15.00 Cr registered on 12 Nov 2024 with Charge ID 101000422 was modified on 28 Feb 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 15.00 Cr with Charge ID 101000422 was registered on 12 Nov 2024.
Ceased
Anita Rawal ceased to be Director.
Appointed
Arif Eqbal was appointed as Whole-Time Director.
Appointed
Harish Kumar Sachdeva was appointed as Nominee Director.
Ceased
Nathu Ram Sachdeva ceased to be Director.
Incorporation
01 Mar 2004
Meritech Software Private Limited was registered on 01 Mar 2004 with Roc Chandigarh & aged 22 years 7 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Meritech Software Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
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MSME Payment Delays by Meritech Software Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Meritech Software Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Meritech Software Private Limited
Meritech Software has 4 GST registrations: 2 active and 2 cancelled or inactive.
Total GSTINs
4
Active
2
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AADCM8774B1ZM | Punjab | Active | 14 Oct 2017 |
| 21AADCM8774B1ZO | Odisha | Active | 10 Jun 2022 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Meritech Software Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Related news about Meritech Software Private Limited
Frequently Asked Questions about Meritech Software Private Limited
Meritech Software is an active private limited company based in Mohali, Punjab, India. The company works in software development and support services, within the information technology industry. It was incorporated on 01 March 2004 (22+ years old) and is registered under CIN U72900PB2004PTC049820.
Meritech Software reported revenue of ₹45.84 Cr for FY 2024 (up 21% YoY).
Meritech Software has 2 current directors:
- Arif Eqbal - Whole-Time Director
- Harish Kumar Sachdeva - Nominee Director
Meritech Software reported a net profit of ₹4.66 Cr (net margin 10.2%) and EBITDA of ₹7.57 Cr (EBITDA margin 16.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Meritech Software is 15% over three years and 20% over five years. In the latest year (FY 2024) revenue rose 21%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Meritech Software is 03AADCM8774B1ZM, registered in Punjab. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 21AADCM8774B1ZO (Odisha).
The CIN (Corporate Identification Number) of Meritech Software is U72900PB2004PTC049820. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Meritech Software has 3 court cases on record: 3 filed by the company. Most are in the high courts.
Meritech Software was incorporated on 01 March 2004, making it 22+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Meritech Software by revenue are G4s Corporate Services (India) Private Limited, GTT Communications India Private Limited, Seela Infratech Private Limited, New Balance IT Services India Private Limited, Hostroyale Technologies Private Limited and 5 more, all in the Telecom industry (IT Consulting and Services, Telecom Equipment and Technology).
Anita Rawal ceased to be Director on 12 May 2020. Arif Eqbal was appointed as Whole-Time Director on 01 May 2020. Harish Kumar Sachdeva was appointed as Nominee Director on 22 Mar 2020. Meritech Software has 4 board changes on record in total.