Meruhi Innovations Private Limited

Meruhi Innovations Private Limited - consumer electronics & durables in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
CIN U52609KA2019PTC127102 Incorporated 16 August 2019 ROC Bangalore HQ Bengaluru, Karnataka, India
Active Private Limited Company consumer electronics and durables Startup India MSME · Micro
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

Startup India Government of India
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 Address
    Sy No 8/2 Hoody Village Mahadevapura Post, Bengaluru, Karnataka, India – 560048
  • Industry
    Consumer 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 codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG2Retail 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 available

Meruhi 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

MetricsFY 2020-21FY 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

MetricsFY 2020-21FY 2019-20
Profitability
EBITDA Margin4.2%
Net Profit Margin3.7%
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
NameDesignationAppointment DateTenureStatus
Yeddula Kishore KumarDirector16 Aug 20197 Years 2 MonthsCurrent
Marripati HariprasadDirector04 Dec 20214 Years 11 MonthsCurrent

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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
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 Lakh3.7%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 firmFinancial yearFirm registration number
NARREDDYANDCOFY 2021018993S

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 categoryFY 2021FY 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
Hdfc Bank Limited₹0.07 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Apr 2022100591933Hdfc Bank Limited₹7 LakhOpen

Total charge records: 1 View all charges

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:

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.