Meru Chem Private Limited

Meru Chem Private Limited - chemicals and materials in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U24100MH2009PTC191266 Incorporated 26 March 2009 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company chemicals and materials MSME · Medium
Data last updated
Revenue · FY 2025
₹100.2 Cr
▲ 13% YoY
Net profit · FY 2025
₹1.25 Cr
Net margin 1.2%
EBITDA · FY 2025
₹2.83 Cr
EBITDA margin 2.8%
Authorised capital
₹40 Lakh
Registered with MCA
Paid-up capital
₹37.5 Lakh
Issued & subscribed
Open charges
₹5 Cr
Satisfied ₹2.04 Cr
Company age
17 yrs
Est. 2009
Directors on board
3
As per MCA filings

About Meru Chem Private Limited

Data last updated:

Meru Chem Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 26 March 2009 and has been in existence for over 17 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24100MH2009PTC191266. Its GSTIN is 27AAFCM9760K1ZV (Maharashtra).

The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹37.5 Lakh. It is led by directors including Kantilal Bavchand Shah and Manish Kantilal Shah.

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 Mumbai, Maharashtra.

As per the financials filed for FY 2025, the company reported a revenue of ₹100.2 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹1.25 Cr (net margin 1.2%) and EBITDA of ₹2.83 Cr (EBITDA margin 2.8%). Revenue has grown at a compounded annual rate (CAGR) of 16% over five years.

The company is associated with 1 brand: Meru Chem. As per MCA filings, the company has open charges of ₹5 Cr and satisfied charges of ₹2.04 Cr on record. Court records list 18 cases involving the company, including 12 filed by the company and 6 filed against it; 5 cases are pending. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹1.25 Cr; the latest was in March 2024. The company has 10 MSME Form 1 returns on record between 2019 and 2023, listing 806 overdue payments to 134 micro and small suppliers.

Meru Chem Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0011225). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website chemical-supplier.net.

Company details

CIN U24100MH2009PTC191266
Registration Number 191266
Incorporation Date 26 March 2009
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0011225
Key People
Kantilal Bavchand Shah Director Manish Kantilal Shah Director Tejal Manish Shah Director

Recognitions & Rankings of Meru Chem

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-MH-19-0011225

Contact details

Meru Chem Private Limited's registered office is in Mumbai, Maharashtra. Its website is chemical-supplier.net. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    chemical-supplier.net
  • Registered Address
    B – 401 Pranav Commercial Plaza, M. G. Road Mulund (West), Mumbai, Maharashtra, India – 400080
  • Industry
    Chemicals and Materials, Industrial Chemicals

To see the full contact details of Meru Chem Private Limited, buy the company report.

Comprehensive company report
Meru Chem 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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Brands

Meru Chem operates one associated brand: Meru Chem. Each brand links to its own profile.

BrandDescriptionWebsite
Meru Chem
Manufactures and supplies industrial, solvent, and petrochemical chemicals for various sectors.meruchem.com

Business activity

The main business activity of Meru Chem is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Meru Chem Private Limited, buy the company report.

Financials of Meru Chem Private Limited

FY 2025 filings available

Meru Chem Private Limited reported revenue of ₹100.2 Cr (up 13% YoY) for FY 2025.

Revenue · FY 2025
₹100.2 Cr ▲ 13%
Net profit · FY 2025
₹1.25 Cr margin 1.2%
EBITDA · FY 2025
₹2.83 Cr margin 2.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 13%
5 years · compounded
▲ 16%
EBITDA CAGR growth
1 year
▲ 5%
3 years · compounded
▼ 8%
5 years · compounded
▲ 26%

Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 13% growth in the latest year. EBITDA rose 5% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹2.83 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.25 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin2.8%
Net Profit Margin1.2%
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 Meru Chem Private Limited, buy the company report.

Board of directors of Meru Chem Private Limited

Meru Chem has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Kantilal Bavchand ShahDirector26 Mar 200917 Years 7 MonthsCurrent
Manish Kantilal ShahDirector26 Mar 200917 Years 7 MonthsCurrent
Tejal Manish ShahDirector26 Mar 200917 Years 7 MonthsCurrent
View all directors

Auditor

Meru Chem Private Limited is audited by S.P. MAHER & ASSOCIATES for the financial year 2022.

Auditor firmFinancial yearFirm registration number
S.P. MAHER & ASSOCIATESFY 2022123266W

Shareholding

The shareholding of Meru Chem Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2024FY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Meru Chem Private Limited, buy the company report.

Charges & borrowings

Open charges
₹5 Cr
Satisfied charges
₹2.04 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹5.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
14 Dec 2021100525011Hdfc Bank Limited₹5 CrOpen
30 Jun 201110343325The Saraswat Co-Operative Bank Ltd₹3.88 LakhSatisfied
12 Nov 200910187666Others₹2 CrSatisfied

To see the full charge records of Meru Chem Private Limited, buy the company report.

Total charge records: 3 View all charges

Deals & funding

Meru Chem Private Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹1.25 Cr; the latest was in March 2024.

Total deals
3
Secondary share transfers
2
Funding round
1
Disclosed funding
₹1.25 Cr

Deals on record (3 of 3)

WhenDealAmountParties
Mar 2024Secondary share transferUndisclosedBuyer: an individual
Seller: Kantilal Bavchand Shah Huf, Manish Kantilal Shah HUF, an individual
Mar 2022Secondary share transferUndisclosedBuyer: 3 individuals
Seller: 4 individuals
Aug 2011Funding round₹1.25 CrInvestors: 4 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Meru Chem Private Limited has 10 MSME Form 1 returns on record between 2019 and 2023, listing 806 overdue payments to 134 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 134)

SupplierAmount dueDue sinceReported on
Transchem Impex Private Limited
Metro Chem Corporation
Sanjay Chemicals (India) Private Limited
Kusum Silicones Private Limited
an individual supplier

To see the full MSME payment records of Meru Chem Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Meru Chem has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAFCM9760K1ZVMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Meru Chem Private Limited, buy the company report.

Recent activity

Meru Chem Private Limited has 4 board changes on record since 2009: 3 appointments and 1 cessation. The latest: Chandraben Kantilal Shah ceased to be Additional Director on 30 Sep 2015.

Charges
A charge with Hdfc Bank Limited of Rs. 500.00 Lakh registered on 14 Dec 2021 with Charge ID 100525011 was modified on 15 Oct 2025.
AGM
Meru Chem Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Meru Chem Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 500.00 Lakh with Charge ID 100525011 was registered on 14 Dec 2021.
Charges
A charge registered on 12 Nov 2009 via Charge ID 10187666 with Others was fully satisfied on 09 Dec 2021.
Charges
A charge with Others of Rs. 200.00 Lakh registered on 12 Nov 2009 with Charge ID 10187666 was modified on 31 Jan 2019.
Ceased
Chandraben Kantilal Shah ceased to be Additional Director.
Charges
A charge registered on 30 Jun 2011 via Charge ID 10343325 with The Saraswat Co-Operative Bank Ltd was fully satisfied on 20 Aug 2014.
Charges
A charge with The Saraswat Co-Operative Bank Ltd amounted to Rs. 3.88 Lakh with Charge ID 10343325 was registered on 30 Jun 2011.
Charges
A charge with Others amounted to Rs. 200.00 Lakh with Charge ID 10187666 was registered on 12 Nov 2009.
Appointed
Kantilal Bavchand Shah was appointed as Director.
Appointed
Manish Kantilal Shah was appointed as Director.

2 earlier events are in the company report.

Frequently asked questions

Meru Chem is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 26 March 2009 (17+ years old) and is registered under CIN U24100MH2009PTC191266.

Meru Chem has 3 current directors:

The latest financial statements of Meru Chem 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.

The GSTIN of Meru Chem is 27AAFCM9760K1ZV, registered in Maharashtra.

The CIN (Corporate Identification Number) of Meru Chem is U24100MH2009PTC191266. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Meru Chem has 18 court cases on record: 12 filed by the company and 6 filed against it. 5 are pending. Most are in the district courts.

Meru Chem was incorporated on 26 March 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.

Meru Chem has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹1.25 Cr; the latest was in March 2024.

Chandraben Kantilal Shah ceased to be Additional Director on 30 Sep 2015. Kantilal Bavchand Shah was appointed as Director on 26 Mar 2009. Manish Kantilal Shah was appointed as Director on 26 Mar 2009. Meru Chem has 4 board changes on record in total.

Yes, Meru Chem is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0011225).

Meru Chem has 10 MSME Form 1 returns on record between 2019 and 2023, listing 806 overdue payments to 134 micro and small suppliers. The latest return was filed on 30 Aug 2023.