About Meritzeal Marketing Solutions Private Limited
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Meritzeal Marketing Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 20 February 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2015PTC078928. Its GSTIN is 29AAJCM6097P1ZD (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Mohsin Sait (Managing Director) and Nadeem Ahmed.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at No. 25 Bore Bank Road Ward No. 92 Benson Town, Bangalore, Karnataka, India – 560046.
As per the financials filed for FY 2019, the company reported a revenue of ₹1.34 Cr, a decline of 26% compared to the previous year. For the same year it recorded a net profit of ₹3.23 Lakh (net margin 2.4%) and EBITDA of ₹6.84 Lakh (EBITDA margin 5.1%). Revenue has grown at a compounded annual rate (CAGR) of 39% over three years.
The company is associated with 1 brand: MeritZeal.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website meritzeal.com.
Company details
Contact details
Meritzeal Marketing Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is meritzeal.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 25 Bore Bank Road Ward No. 92 Benson Town, Bangalore, Karnataka, India – 560046
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Meritzeal Marketing Solutions Private Limited, buy the company report.
- 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
Brands
Meritzeal Marketing Solutions operates one associated brand: MeritZeal. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers web design, mobile app development, and digital marketing solutions. | meritzeal.com |
Financials of Meritzeal Marketing Solutions Private Limited
FY 2019 filings availableMeritzeal Marketing Solutions Private Limited reported revenue of ₹1.34 Cr (down 26% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 26% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 39%. EBITDA fell 18% 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
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profit and Loss Statement | |||||
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| Total Revenue | ₹1.34 Cr | ||||
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| Total Expenses | |||||
| EBITDA | ₹6.84 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.23 Lakh | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.1% | ||||
| Net Profit Margin | 2.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Meritzeal Marketing Solutions Private Limited, buy the company report.
Board of directors of Meritzeal Marketing Solutions Private Limited
Meritzeal Marketing Solutions has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohsin Sait Also directs: Meritzeal Trading LLP | Managing Director | 20 Jun 2016 | 10 Years 4 Months | Current |
| Nadeem Ahmed Also directs: Meritzeal Trading LLP | Director | 20 Feb 2015 | 11 Years 8 Months | Current |
| Mohammed Salahuddin Shariff Also directs: Meritzeal Trading LLP | Director | 20 Jun 2016 | 10 Years 4 Months | Current |
Auditor
Meritzeal Marketing Solutions Private Limited is audited by THRILOCHAN & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| THRILOCHAN & CO | FY 2019 | 004418S |
Shareholding
The shareholding of Meritzeal Marketing Solutions Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Meritzeal Marketing Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Meritzeal Marketing Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Meritzeal Marketing Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Meritzeal Marketing Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCM6097P1ZD | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Meritzeal Marketing Solutions Private Limited, buy the company report.
Recent activity
Meritzeal Marketing Solutions Private Limited has 6 board changes on record since 2015: 3 appointments and 3 cessations. The latest: Faheem Soudagar Mohammed ceased to be Director on 04 May 2018.
Frequently asked questions
Meritzeal Marketing Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 20 February 2015 (11+ years old) and is registered under CIN U74900KA2015PTC078928.
Meritzeal Marketing Solutions has 3 current directors:
- Mohsin Sait - Managing Director
- Nadeem Ahmed - Director
- Mohammed Salahuddin Shariff - Director
The latest financial statements of Meritzeal Marketing Solutions on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Meritzeal Marketing Solutions is 29AAJCM6097P1ZD, registered in Karnataka.
The CIN (Corporate Identification Number) of Meritzeal Marketing Solutions is U74900KA2015PTC078928. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Meritzeal Marketing Solutions was incorporated on 20 February 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
Faheem Soudagar Mohammed ceased to be Director on 04 May 2018. Mohammed Salahuddin Shariff ceased to be Additional Director on 30 Sep 2016. Mohammed Salahuddin Shariff was appointed as Director on 20 Jun 2016. Meritzeal Marketing Solutions has 6 board changes on record in total.
Meritzeal Marketing Solutions can be reached through the website meritzeal.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Meritzeal Marketing Solutions is at No. 25 Bore Bank Road Ward No. 92 Benson Town, Bangalore, Karnataka, India – 560046.
Meritzeal Marketing Solutions operates in the agriculture industry, in the agro retail and distribution segment.
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