Merrito Polymers (India) Private Limited - Company Profile

It is a packaging private limited company based in Nuzvid, Andhra Pradesh, India, established in 2014.
2014 Nuzvid, Andhra Pradesh, India Active
Last Updated:
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About Merrito Polymers (India) Private Limited

Merrito Polymers (India) Private Limited, a active private limited company, was established on 10 June 2014 in Nuzvid, Andhra Pradesh, India. Engaging in packaging films & foils within the manufacturing sector, it holds CIN: U25209AP2014PTC094575. Registered under ROC Roc Vijayawada. it is unlisted. It has an authorized capital of ₹3.00 Cr and a paid-up capital of ₹3.00 Cr.

It upholds a compliant status. Its leadership includes Yesu Das Dovari (Director), Janardhanrao Dasi (Director). Past directors included Janardhanrao Dasi, Dovari Amarnath, Darsi Vanaja. It holds ₹11.20 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Plot No. 136 To 144, Apiic Industrial Park, Auto Nagar,, Nuzvid, Andhra Pradesh, 521201.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U25209AP2014PTC094575

  • Registration Number

    094575

  • Incorporation Date

    10 June 2014

  • Authorized Capital

    ₹3.00 Cr

  • Paid-Up Capital

    ₹3.00 Cr

  • ROC Code

    Roc Vijayawada

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 3.00 Cr
  • Company Age 12 Year, 24 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 11.20 Cr
  • Revenue Growth **** -36.23%
  • Profit Growth **** -1358.53%
  • Ebitda **** -113.91%
  • Net Worth -1124.88%
  • Total Assets -19.24%
Company report

Merrito Polymers (India) Private Limited

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Merrito Polymers (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.

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Who are the key members and board of directors at Merrito Polymers (India) Private Limited?
Current Directors
Name Designation Appointment Date Status
Yesu Das Dovari Director 10 Jun 2014 Current
Janardhanrao Dasi Director 13 Oct 2022 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 29 Sep 2023 Past
Pramod Abcsdd Director 13 Oct 2022 Past
Pramod Abcsdd Director 13 Oct 2022 Past
Pramod Abcsdd Director 13 Oct 2022 Past

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Financial Performance of Merrito Polymers (India).

Merrito Polymers (India) Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 36.23% decrease. The company also saw a substantial fall in profitability, with a 1358.53% decrease in profit. The company's net worth observed a substantial decline by a decrease of 1124.88%.

Merrito Polymers (India) revenue growth over time
Merrito Polymers (India) profit and loss trends over time
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
  • 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
********
 -36.23%
*******
*******
*******
*******
Revenue from Operations
*******
 -36.10%
*******
*******
*******
*******
Total Assets
*******
 -19.24%
*******
*******
*******
*******
Profit or Loss
*******
 -1358.53%
*******
*******
*******
*******
Net Worth
*******
 -1124.88%
*******
*******
*******
*******
EBITDA
*******
 -113.91%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Merrito Polymers (India)?

In 2023, Merrito Polymers (India) had a public holding of 34.46%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • 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

₹111,950,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Others : 6.78 Cr
  • Andhra Pradesh State Financial Corporatiom : 4.42 Cr
Latest Charge Details
Date Lender Amount Status
28 Dec 2021 Others ₹5.00 M Open
28 Dec 2021 Others ₹3.75 M Open
19 Aug 2017 Others ₹5.90 Cr Open
19 Oct 2015 Andhra Pradesh State Financial Corporatiom ₹4.42 Cr Open

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How Many Employees Work at Merrito Polymers (India)?

Unlock and access historical data on people associated with Merrito Polymers (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
Deals i
Graph showing company valuation over time

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

Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

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 Merrito Polymers (India)
Recent Activity within the Organization
  • Annual General Meeting

    The activity Merrito Polymers (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    The activity Merrito Polymers (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada. was completed.

  • Director Appointment

    Janardhanrao Dasi was appointed as a Director was appointed as a Director on 13 Oct 2022 & has been associated with this company since 3 years 8 months . was recorded as a recent event.

  • Charges

    The activity A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100519899 was registered on 28 Dec 2021. was completed.

  • Charges

    Progress on A charge with Others amounted to Rs. 0.38 Cr with Charge ID 100521093 was registered on 28 Dec 2021. was documented.

  • Charges

    Progress on A charge with Others of Rs. 5.90 Cr registered on 19 Aug 2017 with Charge ID 100171928 was modified on 27 Jul 2021. was documented.

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Frequently Asked Questions
What is the CIN of Merrito Polymers (India) Private Limited?

The CIN of Merrito Polymers (India) Private Limited is U25209AP2014PTC094575.

Where is Merrito Polymers (India) Private Limited headquartered?

Merrito Polymers (India) Private Limited is headquartered at Plot No. 136 To 144, Apiic Industrial Park, Auto Nagar,, Nuzvid, Andhra Pradesh, 521201.

When was Merrito Polymers (India) Private Limited incorporated?

Merrito Polymers (India) Private Limited was incorporated on 10 June 2014.

Who are the current directors of Merrito Polymers (India) Private Limited?

The current directors of Merrito Polymers (India) Private Limited are

What is the primary industry of Merrito Polymers (India) Private Limited?

The primary industry of Merrito Polymers (India) Private Limited is Manufacturing.

Is Merrito Polymers (India) Private Limited a listed company?

Merrito Polymers (India) Private Limited is unlisted.

What is the capital structure of Merrito Polymers (India) Private Limited?

The authorized capital of Merrito Polymers (India) Private Limited is ₹3.00 Cr, and the paid-up capital is ₹3.00 Cr.

What is the compliance status of Merrito Polymers (India) Private Limited?

The compliance status of Merrito Polymers (India) Private Limited is Compliant.

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