Merry Share Fin Ltd
About Merry Share Fin Ltd
Data last updated:
Merry Share Fin Ltd is a public limited company based in Ahmedabad, Gujarat, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 03 February 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U67120GJ1994PLC021223. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹3.25 Cr and a paid-up capital of ₹3.07 Cr. It is led by directors including Mihirbhai Rameshbhai Shah (Managing Director) and Bharatbhai Vinodchandra Mashruwala.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 112 Kamdhenu Complex Opp Sahjanand College Ambawadi, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2025, the company reported a revenue of ₹41,950, a decline of 98% compared to the previous year. For the same year it recorded a net profit of ₹6,160 (net margin 14.7%) and EBITDA of ₹19,450 (EBITDA margin 46.4%). Revenue has declined at a compounded annual rate (CAGR) of 42% over three years and 22% over five years.
As per MCA filings, the company has open charges of ₹10 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Merry Share Fin has one previous CIN (Corporate Identification Number): L67120GJ1994PLC021223. The current CIN is U67120GJ1994PLC021223, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67120GJ1994PLC021223 | Current |
| L67120GJ1994PLC021223 | Previous |
Contact details
Merry Share Fin Ltd's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address112 Kamdhenu Complex Opp Sahjanand College Ambawadi, Ahmedabad, Gujarat, India – 380015
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Merry Share Fin Ltd, 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
Business activity
The main business activity of Merry Share Fin is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Merry Share Fin Ltd, buy the company report.
Financials of Merry Share Fin Ltd
FY 2025 filings availableMerry Share Fin Ltd reported revenue of ₹41,950 (down 98% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 22% over five years, including a 98% fall in the latest year. EBITDA fell 99% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹19,450 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6,160 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 46.4% | ||||
| Net Profit Margin | 14.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Merry Share Fin Ltd, buy the company report.
Board of directors of Merry Share Fin Ltd
Merry Share Fin has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharatbhai Vinodchandra Mashruwala | Director | 25 Jun 2005 | 21 Years 4 Months | Current |
| Mihirbhai Rameshbhai Shah Also directs: Quantfin Consultant LLP, Shree Ganesh Elastoplast Limited | Managing Director | 03 Feb 1994 | 32 Years 8 Months | Current |
| Harishbhai Ratilal Mehta | Director | 21 Jan 2020 | 6 Years 9 Months | Current |
Auditor
Merry Share Fin Ltd is audited by M R PANDHI & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M R PANDHI & ASSOCIATES | FY 2019 | 112360W |
Shareholding
The shareholding of Merry Share Fin Ltd is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Merry Share Fin Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Oct 1999 | 90096632 | The Textile Traders Co-Operative Bank Ltd | ₹10 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Merry Share Fin Ltd has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Court case (TAXAP) | Filed against the company by Commissioner of Income Tax-I | Disposed |
To see the full case history of Merry Share Fin Ltd, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Merry Share Fin Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Merry Share Fin has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Merry Share Fin Ltd, buy the company report.
Recent activity
Merry Share Fin Ltd has 7 board changes on record since 1994: 5 appointments and 2 cessations. The latest: Harishbhai Ratilal Mehta was appointed as Director on 21 Jan 2020.
Frequently asked questions
Merry Share Fin is an active public limited company based in Ahmedabad, Gujarat, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 03 February 1994 (32+ years old) and is registered under CIN U67120GJ1994PLC021223.
Merry Share Fin has 3 current directors:
- Mihirbhai Rameshbhai Shah - Managing Director
- Bharatbhai Vinodchandra Mashruwala - Director
- Harishbhai Ratilal Mehta - Director
The latest financial statements of Merry Share Fin on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
No. Merry Share Fin has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Merry Share Fin is U67120GJ1994PLC021223. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Merry Share Fin has 1 court case on record: 1 filed against it.
Merry Share Fin was incorporated on 03 February 1994, making it 32+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Harishbhai Ratilal Mehta was appointed as Director on 21 Jan 2020. Mayukh Jaydevprasad Pandya ceased to be Director on 20 Jan 2020. Sanjay Kanubhai Sheth ceased to be Director on 20 May 2014. Merry Share Fin has 7 board changes on record in total.
The registered office of Merry Share Fin is at 112 Kamdhenu Complex Opp Sahjanand College Ambawadi, Ahmedabad, Gujarat, India – 380015.
Merry Share Fin operates in the financial services industry, in the brokerage and trading services segment.