About Meritier Solutions Private Limited
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Meritier Solutions Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Meytier Inc.. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 31 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U93000MH2019FTC326176. Its GSTIN is 27AAMCM7120Q1ZU (Maharashtra).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Meenal Baid and Rajesh Ramachandra Kamath.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Cts 261 7th Floor Boston House Suren Road, Village Gundavli Next To Cinemax Cinema Mumbai, Maharashtra, India – 400069.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.54 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹34.41 Lakh (net margin 9.7%) and EBITDA of ₹46.61 Lakh (EBITDA margin 13.2%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 26% over five years.
The company has about 20 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Meytier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website meytier.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressCts 261 7th Floor Boston House Suren Road, Village Gundavli Next To Cinemax Cinema Mumbai, Maharashtra, India – 400069
- IndustryInformation Technology, Software Development & Support Services
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Meritier Solutions Private Limited
The main business activities of Meritier Solutions are support service to organizations and information and communication. In detail, this covers placement agencies and hr management services and computer programming, consultancy and related activities. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services | Locked |
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Meritier Solutions Private Limited FY 2025 filings available
Meritier Solutions Private Limited reported revenue of ₹3.54 Cr (down 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Meritier Solutions Private Limited
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 26%. EBITDA fell 6% 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 Meritier Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹46.61 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹34.41 Lakh | •••• | •••• | •••• | •••• |
| 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 Meritier Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 9.7% | •••• | •••• | •••• | •••• |
| 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 Meritier Solutions are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Meritier Solutions Private Limited
Meritier Solutions Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (HR Outsourcing). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ingenuity and Innovation Global Services Private Limited | •••• | •••• | •••• | •••• | 48 | Bhubaneswar, Orissa, India |
| Pratian Technologies (India) Private Limited | •••• | •••• | •••• | •••• | 162 | Bengaluru, Karnataka, India |
| Gemnik Management Services Private Limited | •••• | •••• | •••• | •••• | 97 | Noida, Uttar Pradesh, India |
| Vinod Manpower Services Private Limited | •••• | •••• | •••• | •••• | 148 | Ahmedabad, Gujarat, India |
| Enhance Business Solutions Private Limited | •••• | •••• | •••• | •••• | 19 | New Delhi, Delhi, India |
| Meritier Solutions Private Limited this company | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Arvind Humanforce Services Private Limited | •••• | •••• | •••• | •••• | 38 | New Delhi, Delhi, India |
| Abs Staffing Services Private Limited | •••• | •••• | •••• | •••• | 50 | Noida, Uttar Pradesh, India |
| Boss Staffing Solutions (India) Private Limited | •••• | •••• | •••• | •••• | - | Shaikpet, Telangana, India |
| Jnex FM (I) Private Limited | •••• | •••• | •••• | •••• | - | Bhubaneswar, Orissa, India |
| Harbinger Business Solutions (India) Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Meritier Solutions by revenue in the Outsourcing industry (HR Outsourcing), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Meritier Solutions Private Limited
Meritier Solutions Private Limited is audited by Monil Gala & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Monil Gala & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Meritier Solutions Private Limited
Meritier Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Meenal Baid | Director | 31 May 2019 | 7 Years 4 Months | Current |
| Rajesh Ramachandra Kamath | Director | 07 Oct 2021 | 5 Years 0 Months | Current |
Ownership and Shareholding of Meritier Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Meritier Solutions Private Limited
Meritier Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Meritier Solutions Private Limited
Meritier Solutions operates one associated brand: Meytier. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| An AI-based job portal serving multiple industries. | meytier.com |
Employees and EPFO Compliance at Meritier Solutions Private Limited
Meritier Solutions Private Limited has a workforce of 20 employees as of Apr 01, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Meritier Solutions Private Limited
Meritier Solutions Private Limited has 4 board changes on record since 2019: 2 appointments and 2 cessations. The latest: Rajesh Ramachandra Kamath ceased to be Additional Director on 22 Nov 2021.
Credit Ratings, Litigation & Regulatory Alerts for Meritier Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Meritier Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Meritier Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Meritier Solutions Private Limited
Meritier Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAMCM7120Q1ZU | Maharashtra | Active | 16 Jul 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Meritier Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Meritier Solutions Private Limited
Meritier Solutions is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in software development and support services, within the information technology industry. It was incorporated on 31 May 2019 (7+ years old) and is registered under CIN U93000MH2019FTC326176.
Meritier Solutions reported revenue of ₹3.54 Cr for FY 2025 (down 6% YoY).
Meritier Solutions has 2 current directors:
- Meenal Baid - Director
- Rajesh Ramachandra Kamath - Director
Meritier Solutions reported a net profit of ₹34.41 Lakh (net margin 9.7%) and EBITDA of ₹46.61 Lakh (EBITDA margin 13.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Meritier Solutions is 7% over three years and 26% over five years. In the latest year (FY 2025) revenue fell 6%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Meritier Solutions is 27AAMCM7120Q1ZU, registered in Maharashtra.
The CIN (Corporate Identification Number) of Meritier Solutions is U93000MH2019FTC326176. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Meritier Solutions was incorporated on 31 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Meritier Solutions by revenue are Ingenuity and Innovation Global Services Private Limited, Pratian Technologies (India) Private Limited, Gemnik Management Services Private Limited, Vinod Manpower Services Private Limited, Enhance Business Solutions Private Limited and 5 more, all in the Outsourcing industry (HR Outsourcing).
Rajesh Ramachandra Kamath ceased to be Additional Director on 22 Nov 2021. Anitha Rajesh Kamath ceased to be Director on 07 Oct 2021. Rajesh Ramachandra Kamath was appointed as Director on 07 Oct 2021. Meritier Solutions has 4 board changes on record in total.
Meritier Solutions can be reached through the website meytier.com. Its registered office is in Mumbai, Maharashtra, India.