Merritt Innovative Solutions India Private Limited - Company Profile

It is a engineering private limited company based in Bangalore, Karnataka, India, established in 2009.
2009 Bangalore, Karnataka, India Active
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About Merritt Innovative Solutions India Private Limited

Merritt Innovative Solutions India Private Limited, a active private limited company, was established on 13 August 2009 in Bangalore, Karnataka, India. Engaging in engineering design & consultancy within the information and communication sector, it holds CIN: U72200KA2009PTC050644. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹2.00 Cr and a paid-up capital of ₹2.00 Cr.

It upholds a compliant status. Employing 120 professional, Its leadership includes Chiratahally Kumar Mahalingaiah (Managing Director), Surapaneni Kalidas (Director), Ashoka Kariyappa (Director). Past directors included Chiratahally Kumar Mahalingaiah, Sonal Bareja, Manjunath Burli. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at No. 277, 4Th Main, 4Th Phase, Peenya Industrial Area, Nalla Kadirenahalli, Yashwanthpur, Hobli, Bangalore, Karnataka, 560058.

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

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U72200KA2009PTC050644

  • Registration Number

    050644

  • Incorporation Date

    13 August 2009

  • Authorized Capital

    ₹2.00 Cr

  • Paid-Up Capital

    ₹2.00 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 16 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth **** 36.53%
  • Profit Growth **** 280.35%
  • Ebitda **** 63.80%
  • Net Worth 62.04%
  • Total Assets **** 9.36%
Company report

Merritt Innovative Solutions India Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Merritt Innovative Solutions 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 Merritt Innovative Solutions India Private Limited?
Current Directors
Name Designation Appointment Date Status
Chiratahally Kumar Mahalingaiah Managing Director 03 Jan 2023 Current
Surapaneni Kalidas Director 22 Jan 2015 Current
Ashoka Kariyappa Director 07 Mar 2015 Current
Anand Kallannavar Vasanth Director 22 Jan 2015 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Whole-Time Director 15 Apr 2019 Past
Pramod Abcsdd Director 20 Nov 2020 Past
Pramod Abcsdd Director 30 Jun 2010 Past
Pramod Abcsdd Director 19 Jan 2015 Past
Pramod Abcsdd Director 04 Nov 2016 Past
Pramod Abcsdd Additional Director 30 Oct 2015 Past

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Financial Performance of Merritt Innovative Solutions India.

Merritt Innovative Solutions India Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 36.53% increase. The company also saw a substantial improvement in profitability, with a 280.35% increase in profit. The company's net worth Soared by an impressive increase of 62.04%.

Merritt Innovative Solutions India revenue growth over time
Merritt Innovative Solutions 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
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 36.53%
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Revenue from Operations
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 36.84%
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Total Assets
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 9.36%
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Profit or Loss
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 280.35%
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Net Worth
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 62.04%
*******
*******
*******
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EBITDA
*******
 63.80%
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*******
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What is the Ownership and Shareholding Structure of Merritt Innovative Solutions India?

In 2019, Merritt Innovative Solutions India had a promoter holding of 59.75% and a public holding of 40.25%. 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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How Many Employees Work at Merritt Innovative Solutions India?

Merritt Innovative Solutions India has a workforce of 120 employees as of Apr 04, 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
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Merritt Innovative Solutions 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 Merritt Innovative Solutions India's trajectory.

Rating
Graph displaying rating trends over time

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Alerts
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Latest Updates, News, and FAQs on Merritt Innovative Solutions India
Recent Activity within the Organization
  • Annual General Meeting

    The activity Merritt Innovative Solutions India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    Merritt Innovative Solutions India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was recorded as a recent event.

  • Director Appointment

    Progress on Chiratahally Kumar Mahalingaiah was appointed as a Managing Director was appointed as a Managing Director on 03 Jan 2023 & has been associated with this company since 3 years 1 month . was documented.

  • Director Appointment

    The activity Ashoka Kariyappa was appointed as a Director was appointed as a Director on 07 Mar 2015 & has been associated with this company since 10 years 11 months . was completed.

  • Director Appointment

    Surapaneni Kalidas was appointed as a Director was appointed as a Director on 22 Jan 2015 & has been associated with this company since 11 years 30 days . was recorded as a recent event.

  • Director Appointment

    Progress on Anand Kallannavar Vasanth was appointed as a Director was appointed as a Director on 22 Jan 2015 & has been associated with this company since 11 years 30 days . was documented.

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Frequently Asked Questions
What is the CIN of Merritt Innovative Solutions India Private Limited?

The CIN of Merritt Innovative Solutions India Private Limited is U72200KA2009PTC050644.

Where is Merritt Innovative Solutions India Private Limited headquartered?

Merritt Innovative Solutions India Private Limited is headquartered at No. 277, 4Th Main, 4Th Phase, Peenya Industrial Area, Nalla Kadirenahalli, Yashwanthpur, Hobli, Bangalore, Karnataka, 560058.

When was Merritt Innovative Solutions India Private Limited incorporated?

Merritt Innovative Solutions India Private Limited was incorporated on 13 August 2009.

Who are the current directors of Merritt Innovative Solutions India Private Limited?

The current directors of Merritt Innovative Solutions India Private Limited are

What is the primary industry of Merritt Innovative Solutions India Private Limited?

The primary industry of Merritt Innovative Solutions India Private Limited is Information And Communication.

Is Merritt Innovative Solutions India Private Limited a listed company?

Merritt Innovative Solutions India Private Limited is unlisted.

What is the capital structure of Merritt Innovative Solutions India Private Limited?

The authorized capital of Merritt Innovative Solutions India Private Limited is ₹2.00 Cr, and the paid-up capital is ₹2.00 Cr.

What is the compliance status of Merritt Innovative Solutions India Private Limited?

The compliance status of Merritt Innovative Solutions India Private Limited is Compliant.

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