Merittrac Services Private Limited - Company Profile

It is a education private limited company based in Bengaluru, Karnataka, India, established in 2000.

2000 Bengaluru, Karnataka, India Active

Last Updated: January 06, 2026

About Merittrac Services Private Limited

Merittrac Services Private Limited, a active private limited company, was established on 04 August 2000 in Bengaluru, Karnataka, India. Engaging in test prep & competitive exam coaching within the education sector, it holds CIN: U74140KA2000PTC027573. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹16.60 Cr and a paid-up capital of ₹0.57 M.

It upholds a compliant status. Employing 164 professional, Its leadership includes Ambrish Sinha (Director), Vaitheeswaran Seetharaman (Director), Rajesh Krishnaswamy Moorti (Director). Past directors included Chandrasekaran Mahadevan, Mohanty Subrat, Ambrish Sinha. It holds ₹59.50 Cr open charges and ₹51.00 Cr settled loans. Its latest AGM occurred on 10 September 2025, with the balance sheet filed on 31 March 2025. It is based at No. 1/1, Swami Vivekananda Road, Off Mg Road, Near Trinity Circle, Halasu, Ru, Bengaluru, Karnataka, 560008.

Company Details

CIN/LLPIN
U74140KA2000PTC027573
Registration Number
027573
Incorporation Date
04 August 2000
Authorized Capital
₹16.60 Cr
Paid-Up Capital
₹0.57 M
ROC Code
Roc Bangalore
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 16.60 Cr as on 06-01-2026
Paid Up Capital ₹ 0.57 M as on 06-01-2026
Company Age 25 Year, 6 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 59.50 Cr as on 06-01-2026
Satisfied Charges ₹ 51.00 Cr as on 06-01-2026
Revenue Growth **** 20.14% (FY 2023)
Profit Growth **** -34.16% (FY 2023)
Ebitda **** -80.85% (FY 2023)
Net Worth -119.67% (FY 2023)
Total Assets -9.35% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Merittrac Services Private 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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Who are the key members and board of directors at Merittrac Services Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Ambrish Sinha	Director	20 Nov 2020	Current
Vaitheeswaran Seetharaman	Director	30 Sep 2011	Current
Rajesh Krishnaswamy Moorti	Director	01 Nov 2020	Current
Komarapuram Parameswaran Manjunath	Additional Director	19 Nov 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	18 Sep 2007	Past
Pramod Abcsdd	Additional Director	30 Sep 2020	Past
Pramod Abcsdd	Additional Director	30 Sep 2021	Past
Pramod Abcsdd	Director	30 Oct 2020	Past
Pramod Abcsdd	Director	30 Dec 2011	Past
Pramod Abcsdd	Director	10 Sep 2007	Past

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Financial Performance of Merittrac Services.

Merittrac Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 20.14% increase. The company also saw a substantial fall in profitability, with a 34.16% decrease in profit. The company's net worth observed a substantial decline by a decrease of 119.67%.

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

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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

********

20.14%

*******

Revenue from Operations

*******

21.42%

*******

Total Assets

*******

-9.35%

*******

Profit or Loss

*******

-34.16%

*******

Net Worth

*******

-119.67%

*******

EBITDA

*******

-80.85%

*******

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What is the Ownership and Shareholding Structure of Merittrac Services?

In 2023, Merittrac Services had a promoter holding of 99.98% and a public holding of 0.02%. The company had 1 Associate company. 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

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Charges (Loans)

Open Charges

₹595,000,000.00

Satisfied Charges

₹510,000,000.00

Charges Breakdown by Lending Institutions

Others : 52.50 Cr
Yes Bank Limited : 7.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
13 Jun 2025	Yes Bank Limited	₹7.00 Cr	Open
23 Mar 2021	Others	₹52.50 Cr	Open
03 Jan 2020	Others	₹26.00 Cr	Satisfied
24 Mar 2008	Others	₹25.00 Cr	Satisfied

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How Many Employees Work at Merittrac Services?

Merittrac Services has a workforce of 164 employees as of Apr 07, 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.

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

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Merittrac Services, 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 Merittrac Services'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.

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Latest Updates, News, and FAQs on Merittrac Services

Recent Activity within the Organization

Director Appointment

The activity Komarapuram Parameswaran Manjunath was appointed as a Additional Director was appointed as a Additional Director on 19 Nov 2025 & has been associated with this company since 2 months 23 days . was completed.
19 Nov 2025
Annual General Meeting

Progress on Merittrac Services Private Limited last Annual general meeting of members was held on 10 Sep 2025 as per latest MCA records. was documented.
10 Sep 2025
Charges

Progress on A charge with Yes Bank Limited amounted to Rs. 7.00 Cr with Charge ID 101107275 was registered on 13 Jun 2025. was documented.
13 Jun 2025
Balance Sheet

The activity Merittrac Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was completed.
31 Mar 2025
Charges

The activity A charge with Others of Rs. 52.50 Cr registered on 23 Mar 2021 with Charge ID 100427756 was modified on 30 Dec 2021. was completed.
30 Dec 2021
Charges

The activity A charge registered on 03 Jan 2020 via Charge ID 100319087 with Others was fully satisfied on 30 Jul 2021. was completed.
30 Jul 2021

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