- #602 Sameer Gehlaut ₹5,600 Cr

Meru Minerals Private Limited
About Meru Minerals Private Limited
Data last updated:
Meru Minerals Private Limited is a private limited company based in Haryana, India. It operates in the mining and mineral extraction segment of the metals and mining sector. It was incorporated on 25 November 2003 and has been in existence for over 23 years.
Its director Sameer Gehlaut is #602 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U14107HR2003PTC078006.
The company has an authorised share capital of ₹4.51 Cr and a paid-up capital of ₹4.51 Cr. It is led by directors including Sameer Gehlaut and Monika Panghal.
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 2nd Floor 591, Udyog Vihar Phase – V, Haryana, India – 122016.
Its group structure includes 2 subsidiaries.
As per MCA filings, the company has open charges of ₹185 Cr and satisfied charges of ₹1,137.28 Cr on record. Court records list 6 cases involving the company, including 6 filed by the company. The company has 9 deals on record (5 debt financings, 2 acquisitions, 1 convertible or debt financing), with disclosed funding of ₹1,829.78 Cr; the latest was in November 2022.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Meru Minerals has one previous CIN (Corporate Identification Number): U14107DL2003PTC123243. The current CIN is U14107HR2003PTC078006, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U14107HR2003PTC078006 | Current |
| U14107DL2003PTC123243 | Previous |
Recognitions & Rankings of Meru Minerals
Contact details
Meru Minerals Private Limited's registered office is in Haryana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address2nd Floor 591, Udyog Vihar Phase – V, Haryana, India – 122016
- IndustryMetals and Minerals, Mining & Mineral Extraction
To see the full contact details of Meru Minerals Private Limited, 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
Financials of Meru Minerals Private Limited
FY 2025 filings availableMeru Minerals Private Limited reported revenue of ₹4,180 (down 83% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 70% over five years, including a 83% fall 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹4,180 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | |||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | |||||
| 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 Minerals Private Limited, buy the company report.
Board of directors of Meru Minerals Private Limited
Meru Minerals has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karan Singh Khera Also directs: Karanbhumi Estates Private Limited, India Best Buy Private Limited, Mega India Broking Private Limited and 5 more | Additional Director | 26 Oct 2024 | 2 Years 0 Months | Current |
| Sameer Gehlaut Also directs: Valerian Real Estate Private Limited, Inuus Infrastructure Private Limited, Galax Minerals Private Limited and 1 more | Director | 03 Nov 2009 | 17 Years 0 Months | Current |
| Monika Panghal Also directs: Jyestha Infrastructure Private Limited, Calleis Developers Private Limited, Galax Minerals Private Limited and 5 more | Director | 04 May 2022 | 4 Years 6 Months | Current |
Auditor
Meru Minerals Private Limited is audited by AJAY SARDANA ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AJAY SARDANA ASSOCIATES | FY 2022 | 016827N |
Shareholding
The shareholding of Meru Minerals Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Meru Minerals Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2017 | 100116093 | Others | ₹185 Cr | Open | |
| 31 Mar 2017 | 100114828 | Others | ₹1.5 Cr | Satisfied | |
| 30 Mar 2017 | 100114820 | Others | ₹260.75 Cr | Satisfied | |
| 30 Mar 2017 | 100114823 | Others | ₹1.7 Cr | Satisfied | |
| 30 Mar 2017 | 100114824 | Others | ₹1.1 Cr | Satisfied |
To see the full charge records of Meru Minerals Private Limited, buy the company report.
Total charge records: 23 View all charges
Deals & funding
Meru Minerals Private Limited has 9 deals on record (5 debt financings, 2 acquisitions, 1 convertible or debt financing), with disclosed funding of ₹1,829.78 Cr; the latest was in November 2022.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Acquisition | ₹185 Cr | Buyer: Rcasl Corporate Advisory Services Limited |
| Mar 2016 | Debt financing | ₹426.47 Cr | Investors: Iphito Properties Private Limited , Orthia Real Estate Private Limited , Divyashakti Real Estate Private Limited |
| Aug 2015 | Debt financing | ₹103.05 Cr | Investors: Iphito Real Estate Private Limited , Iphito Properties Private Limited |
| Mar 2015 | Debt financing | ₹695.15 Cr | Investors: Divyashakti Real Estate Private Limited , Cleta Real Estate Private Limited , Iphito Properties Private Limited |
| Mar 2014 | Debt financing | ₹435.35 Cr | Investors: Iphito Properties Private Limited , Iphito Real Estate Private Limited , Myrina Real Estate Private Limited |
To see the full deal history of Meru Minerals Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Meru Minerals Private Limited has 6 court cases on record: 6 filed by Meru Minerals. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 0 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (2 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Writ petition | Filed by the company against Dy. Commissioner of Income Tax & Anr. | Disposed |
| NCLT, Chandigarh | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of Meru Minerals 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 Meru Minerals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Meru Minerals has 2 subsidiary companies. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Powerscreen Media Private Limited | U22219HR2007PTC078787 | |
| Jyestha Infrastructure Private Limited | U70109HR2006PTC078784 |
To see the full group structure of Meru Minerals Private Limited, buy the company report.
GST
No GST registration is on our record for Meru Minerals Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Meru Minerals Private Limited has 11 board changes on record since 2009: 3 appointments and 8 cessations. The latest: Karan Singh Khera was appointed as Additional Director on 26 Oct 2024.
47 earlier events are in the company report.
Frequently asked questions
Meru Minerals is an active private limited company based in Haryana, India. The company works in mining and mineral extraction, within the metals and minerals industry. It was incorporated on 25 November 2003 (23+ years old) and is registered under CIN U14107HR2003PTC078006.
Meru Minerals has 3 current directors:
- Karan Singh Khera - Additional Director
- Sameer Gehlaut - Director
- Monika Panghal - Director
The latest financial statements of Meru Minerals 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 CIN (Corporate Identification Number) of Meru Minerals is U14107HR2003PTC078006. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Meru Minerals has 6 court cases on record: 6 filed by the company. Most are in the high courts.
Meru Minerals was incorporated on 25 November 2003, making it 23+ years old. It is registered with the Registrar of Companies, Delhi.
Meru Minerals has 9 deals on record (5 debt financings, 2 acquisitions, 1 convertible or debt financing), with disclosed funding of ₹1,829.78 Cr; the latest was in November 2022.
Karan Singh Khera was appointed as Additional Director on 26 Oct 2024. Monika Panghal ceased to be Additional Director on 30 Sep 2022. Monika Panghal was appointed as Director on 04 May 2022. Meru Minerals has 11 board changes on record in total.
The registered office of Meru Minerals is at 2nd Floor 591, Udyog Vihar Phase – V, Haryana, India – 122016.
Meru Minerals operates in the metals and minerals industry, in the mining and mineral extraction segment.

