Merito Appliances (India) Private Limited - Company Profile

It is a electrical private limited company based in Mehsana, Gujarat, India, established in 1998.

1998 Mehsana, Gujarat, India Active

Last Updated: March 06, 2026

About Merito Appliances (India) Private Limited

Merito Appliances (India) Private Limited, a active private limited company, was established on 19 November 1998 in Mehsana, Gujarat, India. Engaging in electrical equipment within the manufacturing sector, it holds CIN: U29309GJ1998PTC034999. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹2.00 M and a paid-up capital of ₹0.10 M.

It upholds a compliant status. Its leadership includes Barkatali Dosan Prasla (Director), Nizarali Dosanbhai Prasla (Director). Past directors included Amirali Dosanbhai Momin, Shaukatali Kasamali Prasla, Amirali Noormahomed Prasla. It holds no open charges and ₹8.50 M settled loans. Its latest AGM occurred on 28 September 2025, with the balance sheet filed on 31 March 2025. It is based at Plot No 248-249 Phase-Iig I D C, Mehsana, Gujarat.

Company Details

CIN/LLPIN
U29309GJ1998PTC034999
Registration Number
034999
Incorporation Date
19 November 1998
Authorized Capital
₹2.00 M
Paid-Up Capital
₹0.10 M
ROC Code
Roc Ahmedabad
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 2.00 M as on 06-03-2026
Paid Up Capital ₹ 0.10 M as on 06-03-2026
Company Age 27 Year, 3 Months
Last Filing with ROC 31 Mar 2025
Satisfied Charges ₹ 8.50 M as on 06-03-2026
Revenue Growth **** 3.39% (FY 2017)
Profit Growth **** -53.05% (FY 2017)
Ebitda **** -18.95% (FY 2017)
Net Worth 38.21% (FY 2017)
Total Assets **** 10.53% (FY 2017)

Comprehensive Company Insights

Explore comprehensive insights into Merito Appliances (India) Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report

Who are the key members and board of directors at Merito Appliances (India) Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Barkatali Dosan Prasla	Director	19 Nov 1998	Current
Nizarali Dosanbhai Prasla	Director	19 Nov 1998	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	02 Apr 2019	Past
Pramod Abcsdd	Director	31 Mar 2009	Past
Pramod Abcsdd	Director	31 Mar 2009	Past
Pramod Abcsdd	Director	31 Mar 2009	Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Merito Appliances (India).

Merito Appliances (India) Private Limited, for the financial year ended 2017, experienced modest growth in revenue, with a 3.39% increase. The company also saw a substantial fall in profitability, with a 53.05% decrease in profit. The company's net worth Soared by an impressive increase of 38.21%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

Upgrade Required

Full access to Financial is available only for users with an active Premium plan.

Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

3.39%

*******

Revenue from Operations

*******

Total Assets

*******

10.53%

*******

Profit or Loss

*******

-53.05%

*******

Net Worth

*******

38.21%

*******

EBITDA

*******

-18.95%

*******

Discover detailed financial data and - Unlock financial today!

What is the Ownership and Shareholding Structure of Merito Appliances (India)?

In 2017, Merito Appliances (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.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

Upgrade Required

Full access to Ownership and Shareholding Structure is available only for users with an active Premium plan.

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹8,500,000.00

Charges Breakdown by Lending Institutions

Development Credit Bank Limited : 0.50 Cr
Sarvodaya Commercial Co.-Operative Bank Limited : 0.35 Cr

Latest Charge Details

Date	Lender	Amount	Status
30 Jan 2009	Sarvodaya Commercial Co.-Operative Bank Limited	₹3.50 M	Satisfied
22 Jul 2006	Development Credit Bank Limited	₹5.00 M	Satisfied

Explore comprehensive loan charge details -

How Many Employees Work at Merito Appliances (India)?

Unlock and access historical data on people associated with Merito Appliances (India), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

Upgrade Required

Full access to People is available only for users with an active Premium plan.

Deals i

Gain comprehensive insights into the Deals and Valuation data of Merito Appliances (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 Merito Appliances (India)'s trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

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.

Explore deal ratings and alerts - Get instant access now!

Latest Updates, News, and FAQs on Merito Appliances (India)

Recent Activity within the Organization

Annual General Meeting

Merito Appliances (India) Private Limited last Annual general meeting of members was held on 28 Sep 2025 as per latest MCA records. was recorded as a recent event.
28 Sep 2025
Balance Sheet

Merito Appliances (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was recorded as a recent event.
31 Mar 2025
Charges

A charge registered on 30 Jan 2009 via Charge ID 10148669 with Sarvodaya Commercial Co.-Operative Bank Limited was fully satisfied on 22 Jul 2020. was recorded as a recent event.
22 Jul 2020
Charges

Progress on A charge registered on 22 Jul 2006 via Charge ID 10020010 with Development Credit Bank Limited was fully satisfied on 21 Mar 2009. was documented.
21 Mar 2009
Charges

Progress on A charge with Sarvodaya Commercial Co.-Operative Bank Limited amounted to Rs. 3.50 M with Charge ID 10148669 was registered on 30 Jan 2009. was documented.
30 Jan 2009
Charges

A charge with Development Credit Bank Limited amounted to Rs. 5.00 M with Charge ID 10020010 was registered on 22 Jul 2006. was recorded as a recent event.
22 Jul 2006

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions

What is the CIN of Merito Appliances (India) Private Limited?

The CIN of Merito Appliances (India) Private Limited is U29309GJ1998PTC034999.

Where is Merito Appliances (India) Private Limited headquartered?

Merito Appliances (India) Private Limited is headquartered at Plot No 248-249 Phase-Iig I D C, Mehsana, Gujarat.

When was Merito Appliances (India) Private Limited incorporated?

Merito Appliances (India) Private Limited was incorporated on 19 November 1998.

Who are the current directors of Merito Appliances (India) Private Limited?

The current directors of Merito Appliances (India) Private Limited are

What is the primary industry of Merito Appliances (India) Private Limited?

The primary industry of Merito Appliances (India) Private Limited is Manufacturing.

Is Merito Appliances (India) Private Limited a listed company?

Merito Appliances (India) Private Limited is unlisted.

What is the capital structure of Merito Appliances (India) Private Limited?

The authorized capital of Merito Appliances (India) Private Limited is ₹2.00 M, and the paid-up capital is ₹0.10 M.

What is the compliance status of Merito Appliances (India) Private Limited?

The compliance status of Merito Appliances (India) Private Limited is Compliant.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available