MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0014427
Mersen India Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2021
₹244.07 Cr
▲ 22% YoY
Net profit · FY 2021
₹10.96 Cr
Net margin 4.5%
EBITDA · FY 2021
₹25.05 Cr
EBITDA margin 10.3%
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹5.21 Cr
Issued & subscribed
Open charges
₹20.58 Cr
Secured borrowings
Company age
31 yrs
Est. 1995
Employees · EPFO
325
Provident fund records
About Mersen India Private Limited
Data last updated:
Mersen India Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Mersen Sa, France. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 18 January 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U14294KA1995PTC016996. Its GSTIN is 29AAACE3191K1ZF (Karnataka). The company holds 6 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹5.21 Cr. It was formerly known as Elca Carbon Technologies Private Limited and Carbone Lorraine India Private Limited. It is led by directors including Hemanth Kumar Chittapurath (Managing Director) and Didier Muller.
Its last annual general meeting (AGM) was held on 30 June 2025, and its latest financial statements are for the year ended 31 December 2024. The registered office is at No. 5 Bommasandra Industrial Area, Bangalore, Karnataka, India – 560099.
As per the financials filed for FY 2021, the company reported a revenue of ₹244.07 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹10.96 Cr (net margin 4.5%) and EBITDA of ₹25.05 Cr (EBITDA margin 10.3%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 7% over five years.
The company has about 325 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹20.58 Cr on record. Court records list 17 cases involving the company, including 15 filed by the company and 3 filed against it; 3 cases are pending. The company has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹37.63 Cr; the latest was in January 2017. Its 6 peer companies in the Information Technology industry (Electronic Equipment and Components Manufacturing, Semiconductor Products and Services), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 3 larger and 3 smaller; the largest is Globus Infocom Limited with revenue of ₹173.57 Cr.
Mersen India Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0014427). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mersen.com.
Company details
CIN U14294KA1995PTC016996
Registration Number 016996
Incorporation Date 18 January 1995
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 June 2025
Date of Balance Sheet 31 December 2024
Parent Company Mersen Sa, France
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0014427
Name history
Mersen India has undergone 3 name changes throughout its history. The company was previously known as Elca Carbon Technologies Private Limited, Carbone Lorraine India Private Limited, and Elca Carbone Lorraine Private Limited. The current legal name is Mersen India Private Limited.
| Company Name | Status |
|---|---|
| Mersen India Private Limited | Current |
| Elca Carbon Technologies Private Limited | Previous |
| Carbone Lorraine India Private Limited | Previous |
| Elca Carbone Lorraine Private Limited | Previous |
Key People
Hemanth Kumar Chittapurath Managing Director Didier Muller Director Gaudilliere Legrand Director Recognitions & Rankings of Mersen India
Contact details
Mersen India Private Limited's registered office is in Bangalore, Karnataka. Its website is mersen.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 5 Bommasandra Industrial Area, Bangalore, Karnataka, India – 560099
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing, Semiconductor Products & Services
To see the full contact details of Mersen India Private Limited, buy the company report.
Comprehensive company report
Mersen India Private Limited - one report that includes everything
- 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
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Financials of Mersen India Private Limited
FY 2024 filings availableMersen India Private Limited reported revenue of ₹244.07 Cr (up 22% YoY) for FY 2021.
Revenue · FY 2021
₹244.07 Cr ▲ 22%
Net profit · FY 2021
₹10.96 Cr margin 4.5%
EBITDA · FY 2021
₹25.05 Cr margin 10.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 22%
3 years · compounded
▲ 10%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▲ 51%
3 years · compounded
▼ 1%
5 years · compounded
▲ 4%
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 22% growth in the latest year. EBITDA rose 51% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹244.07 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹25.05 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.96 Cr | ||||
| 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.3% | ||||
| Net Profit Margin | 4.5% | ||||
| 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 Mersen India Private Limited, buy the company report.
Board of directors and KMP of Mersen India Private Limited
Mersen India Private Limited currently reports 3 directors and 1 key managerial person. 12 former directors have served the organization.
Current Directors and KMP
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Didier Muller | Director | 09 Mar 2012 | 14 Years 7 Months | Current |
| Gaudilliere Legrand | Director | 24 Mar 2017 | 9 Years 7 Months | Current |
| Hemanth Kumar Chittapurath | Managing Director | 16 Oct 2019 | 7 Years 0 Months | Current |
| Prakash Nagarajan | Company Secretary | 20 Jun 2025 | 1 Years 4 Months | Current |
Peer comparison
Mersen India Private Limited is compared with the 6 companies closest to it by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing, Semiconductor Products and Services), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mersen India Private Limitedthis company | ₹244.07 Cr (FY 2021) | ₹10.96 Cr | 4.5% | 22.0% | 325 | Bangalore, Karnataka, India |
| Globus Infocom Limited | ₹173.57 Cr (FY 2025) | 36.0% | Noida, Uttar Pradesh, India | |||
| Mini-Circuits India-Urjita Private Limited | ₹169.4 Cr (FY 2025) | 13.0% | Chennai, Tamil Nadu, India | |||
| Techser Power Solutions Private Limited | ₹166.95 Cr (FY 2025) | 10.0% | Bangalore, Karnataka, India | |||
| Chuan Shun Electric Company India Private Limited | ₹160.4 Cr (FY 2024) | 36.0% | Bangalore, Karnataka, India | |||
| Deki Electronics Limited | ₹157.07 Cr (FY 2025) | 16.0% | New Delhi, Delhi, India | |||
| Coronet Engineers Private Limited | ₹155.19 Cr (FY 2025) | 1.0% | New Delhi, Delhi, India |
To see the full peer comparison of Mersen India Private Limited, buy the company report.
Auditor
Mersen India Private Limited is audited by DELOITTE HASKINS & SELLS for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DELOITTE HASKINS & SELLS | FY 2021 | 008072S |
Shareholding
The shareholding of Mersen India Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mersen India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹20.58 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Mar 2019 | 100250521 | Others | ₹20 Cr | Open | |
| 25 May 2018 | 100188555 | Others | ₹58.41 Lakh | Open |
To see the full charge records of Mersen India Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Mersen India Private Limited has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹37.63 Cr; the latest was in January 2017.
Total deals
5
Funding rounds
4
Secondary share transfer
1
Disclosed funding
₹37.63 Cr
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2017 | Funding round | ₹10 Cr | Investors: Mersen SA |
| Apr 2016 | Funding round | ₹10 Cr | Investors: Mersen SA |
| Jul 2012 | Funding round | ₹9.63 Cr | Investors: Mersen SA |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: Mersen SA Seller: Le Carbone Lorraine SA |
| Dec 2008 | Funding round | ₹7.99 Cr | Investors: Le Carbone Lorraine SA |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Mersen India Private Limited has 17 court cases on record: 15 filed by Mersen India, 3 filed against it. 3 cases are pending and 14 are disposed.
Total cases
17
Filed by the company
15
Filed against the company
3
Pending
3
Disposed
14
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 1 | 1 |
| District courts | 7 | 2 | 2 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against TGV Sraac Limited | Pending |
| High Court, KARNATAKA | Writ petition | Filed against the company by The Management of M/S. Mersen India Pvt Ltd | Disposed |
| High Court, KARNATAKA | Writ petition | Filed by the company against Mersen India Pvt Ltd Workers Union and 2 others | Disposed |
| High Court of Karnataka | Court case (CSTA) | Filed by the company against Union of India | Pending |
| District court, Kurnool, Andhra Pradesh | Criminal complaint | Filed against the company by an individual | Pending |
To see the full case history of Mersen India Private Limited, 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 Mersen India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mersen India Private Limited has a workforce of 325 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
325
Active EPFO establishments
1
Employee growth
5.86%
GST
Mersen India has 6 GST registrations: 4 active and 2 cancelled or inactive.
Total GSTINs
6
Active
4
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACE3191K1ZF | Karnataka | Active | 01 Jul 2017 |
| 27AAACE3191K1ZJ | Maharashtra | Active | 01 Jul 2017 |
| 32AACFD3771D1ZY | Kerala | Active | 01 Jul 2017 |
| 36AACFD3771D1ZQ | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mersen India Private Limited, buy the company report.
Recent activity
Mersen India Private Limited has 16 board changes on record since 2008: 4 appointments and 12 cessations. The latest: Prakash Nagarajan was appointed as Company Secretary on 20 Jun 2025.
AGM
Mersen India Private Limited last Annual general meeting of members was held on 30 Jun 2025 as per latest MCA records.
Appointed
Prakash Nagarajan was appointed as Company Secretary.
Filing
Mersen India Private Limited has filed its annual Financial statements for the year ended 31 Dec 2024 with Roc Bangalore.
Charges
A charge with Others of Rs. 0.58 Cr registered on 25 May 2018 with Charge ID 100188555 was modified on 14 May 2021.
Ceased
Hemanth Kumar Chittapurath ceased to be Director.
Ceased
Vallakalil Ipe Perumal ceased to be Managing Director.
Appointed
Hemanth Kumar Chittapurath was appointed as Managing Director.
Charges
A charge with Others amounted to Rs. 20.00 Cr with Charge ID 100250521 was registered on 29 Mar 2019.
Charges
A charge with Others amounted to Rs. 0.58 Cr with Charge ID 100188555 was registered on 25 May 2018.
Ceased
Gaudilliere Legrand ceased to be Additional Director.
Appointed
Gaudilliere Legrand was appointed as Director.
Ceased
Prakash Bhagvandas Rana ceased to be Director.
10 earlier events are in the company report.
News
Frequently asked questions
Mersen India is an active private limited company based in Bangalore, Karnataka, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 18 January 1995 (31+ years old) and is registered under CIN U14294KA1995PTC016996.
Mersen India has 4 current directors and KMP:
- Hemanth Kumar Chittapurath - Managing Director
- Didier Muller - Director
- Gaudilliere Legrand - Director
- Prakash Nagarajan - Company Secretary
The latest financial statements of Mersen India on record with the MCA are for the year ended 31 December 2024. Its last annual general meeting was held on 30 June 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Mersen India is 29AAACE3191K1ZF, registered in Karnataka. The company has 6 GST registrations in all, of which 4 are active and 2 are cancelled or inactive. Other active GSTINs include 27AAACE3191K1ZJ (Maharashtra), 32AACFD3771D1ZY (Kerala), 36AACFD3771D1ZQ (Telangana).
The CIN (Corporate Identification Number) of Mersen India is U14294KA1995PTC016996. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mersen India has 17 court cases on record: 15 filed by the company and 3 filed against it. 3 are pending. Most are in the high courts.
Mersen India was incorporated on 18 January 1995, making it 31+ years old. It is registered with the Registrar of Companies, Bangalore.
Mersen India has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹37.63 Cr; the latest was in January 2017.
The peers of Mersen India by revenue are Globus Infocom Limited, Mini-Circuits India-Urjita Private Limited, Techser Power Solutions Private Limited, Chuan Shun Electric Company India Private Limited, Deki Electronics Limited and 1 more, all in the Information Technology industry (Electronic Equipment and Components Manufacturing, Semiconductor Products and Services), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Prakash Nagarajan was appointed as Company Secretary on 20 Jun 2025. Hemanth Kumar Chittapurath ceased to be Director on 01 May 2021. Vallakalil Ipe Perumal ceased to be Managing Director on 01 May 2021. Mersen India has 16 board changes on record in total.
Yes, Mersen India is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0014427).