Startup India Government of India
Meruhi Innovations Private Limited
Meruhi Innovations Private Limited - consumer electronics & durables in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2021
₹87.07 Lakh
▲ 579% YoY
Net profit · FY 2021
₹3.21 Lakh
Net margin 3.7%
EBITDA · FY 2021
₹3.67 Lakh
EBITDA margin 4.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹7 Lakh
Secured borrowings
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
About Meruhi Innovations Private Limited
Data last updated:
Meruhi Innovations Private Limited is a private limited company based in Bengaluru, Karnataka, India, recognised as a startup by DPIIT. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 16 August 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U52609KA2019PTC127102.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Yeddula Kishore Kumar and Marripati Hariprasad.
Its last annual general meeting (AGM) was held on 24 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Sy No 8/2 Hoody Village Mahadevapura Post, Bengaluru, Karnataka, India – 560048.
As per the financials filed for FY 2021, the company reported a revenue of ₹87.07 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹3.21 Lakh (net margin 3.7%) and EBITDA of ₹3.67 Lakh (EBITDA margin 4.2%).
As per MCA filings, the company has open charges of ₹7 Lakh on record.
Meruhi Innovations Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0096645).
Company details
CIN U52609KA2019PTC127102
Registration Number 127102
Incorporation Date 16 August 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0096645
Recognitions & Rankings of Meruhi Innovations
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0096645
Contact details
Meruhi Innovations Private Limited's registered office is in Bengaluru, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered AddressSy No 8/2 Hoody Village Mahadevapura Post, Bengaluru, Karnataka, India – 560048
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Meruhi Innovations Private Limited, buy the company report.
Comprehensive company report
Meruhi Innovations 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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Business activity
The main business activity of Meruhi Innovations is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Meruhi Innovations Private Limited, buy the company report.
Financials of Meruhi Innovations Private Limited
FY 2021 filings availableMeruhi Innovations Private Limited reported revenue of ₹87.07 Lakh (up 579% YoY) for FY 2021.
Revenue · FY 2021
₹87.07 Lakh ▲ 579%
Net profit · FY 2021
₹3.21 Lakh margin 3.7%
EBITDA · FY 2021
₹3.67 Lakh margin 4.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 579%
EBITDA CAGR growth
1 year
▲ 219%
Revenue rose 579% in the latest year. EBITDA rose 219% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹87.07 Lakh | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹3.67 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹3.21 Lakh | |
| 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 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 4.2% | |
| Net Profit Margin | 3.7% | |
| 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 Meruhi Innovations Private Limited, buy the company report.
Board of directors of Meruhi Innovations Private Limited
Meruhi Innovations has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yeddula Kishore Kumar Also directs: Meruhi Agro Industries Private Limited, Trinaya Cosmetics Private Limited, Qolaba Impex Private Limited and 2 more | Director | 16 Aug 2019 | 7 Years 2 Months | Current |
| Marripati Hariprasad | Director | 04 Dec 2021 | 4 Years 11 Months | Current |
Peer comparison
Meruhi Innovations Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Proton Electrotech Systems Private Limited | ₹87.63 Lakh (FY 2024) | 5.0% | Mysore, Karnataka, India | |||
| RR Global Technologaies Private Limited | ₹87.62 Lakh (FY 2025) | 53.0% | Secunderabad, Telangana, India | |||
| Accrofab India Private Limited | ₹87.49 Lakh (FY 2024) | -18.0% | Vasai, Maharashtra, India | |||
| Meruhi Innovations Private Limitedthis company | ₹87.07 Lakh (FY 2021) | ₹3.21 Lakh | 3.7% | 579.0% | Bengaluru, Karnataka, India |
To see the full peer comparison of Meruhi Innovations Private Limited, buy the company report.
Auditor
Meruhi Innovations Private Limited is audited by NARREDDYANDCO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NARREDDYANDCO | FY 2021 | 018993S |
Shareholding
The shareholding of Meruhi Innovations Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Meruhi Innovations Private Limited, buy the company report.
Charges & borrowings
Open charges
₹7 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Apr 2022 | 100591933 | Hdfc Bank Limited | ₹7 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Meruhi Innovations Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Meruhi Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Meruhi Innovations Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Meruhi Innovations Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Somisetty Nirmala ceased to be Director on 06 Dec 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 7.00 Lakh with Charge ID 100591933 was registered on 29 Apr 2022.
Ceased
Somisetty Nirmala ceased to be Director.
Appointed
Marripati Hariprasad was appointed as Director.
AGM
Meruhi Innovations Private Limited last Annual general meeting of members was held on 24 Nov 2021 as per latest MCA records.
Filing
Meruhi Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Bangalore.
Appointed
Yeddula Kishore Kumar was appointed as Director.
Incorporation
16 Aug 2019
Meruhi Innovations Private Limited was registered on 16 Aug 2019 with Roc Bangalore & aged 7 years 3 months as per MCA records.
Frequently asked questions
Meruhi Innovations is an active private limited company based in Bengaluru, Karnataka, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 16 August 2019 (7+ years old) and is registered under CIN U52609KA2019PTC127102.
Meruhi Innovations has 2 current directors:
- Yeddula Kishore Kumar - Director
- Marripati Hariprasad - Director
The latest financial statements of Meruhi Innovations on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 24 November 2021. Year-wise statements from FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Meruhi Innovations is U52609KA2019PTC127102. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Meruhi Innovations was incorporated on 16 August 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Meruhi Innovations by revenue are Proton Electrotech Systems Private Limited, RR Global Technologaies Private Limited, Accrofab India Private Limited, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (retail trading).
Somisetty Nirmala ceased to be Director on 06 Dec 2021. Marripati Hariprasad was appointed as Director on 04 Dec 2021. Yeddula Kishore Kumar was appointed as Director on 16 Aug 2019.
Yes, Meruhi Innovations is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Meruhi Innovations is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0096645).
The registered office of Meruhi Innovations is at Sy No 82 Hoody Village Mahadevapura Post, Bengaluru, Karnataka, India – 560048.
Meruhi Innovations operates in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment.
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