Imerit Technology Services Private Limited

IT company providing services such as software development, web design, and hardware and networking.

2011 | Bangaluru, Karnataka (India) | Active
Last Updated: October 24, 2024

Imerit Technology Services Profile

Key Indicators

  • Authorised Capital ₹ 23.00 Cr
  • Paid Up Capital ₹ 22.38 Cr
  • Company Age 13 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 3.00 Cr
  • Revenue Growth 33.44%
  • Profit Growth -4.54%
  • Ebitda 0.88%
  • Net Worth 17.91%
  • Total Assets 3.30%

About Imerit Technology Services

Imerit Technology Services Private Limited (ITSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 March 2011 and has a history of 13 years and ten months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Meritek Global Technology Services Private Limited. The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 23.00 Cr and a paid-up capital of Rs 22.38 Cr.

The company has closed loans amounting to ₹3.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Imerit Technology Services Private Limited India is Avijit Saha as COMPANY SECRETARY. Rajasekar Ramaraj, Parthasarathy Srinivasan, and Radha Basu serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72900KA2011PTC057594

  • Company No.

    057594

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Mar 2011

  • Date of AGM

    05 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

Who are the key members and board of directors at Imerit Technology Services?

Executive Team (1)

NameDesignationAppointment DateStatus
Avijit Saha Country flag representing In Company Secretary25-Oct-2016Current

Board Members (3)

NameDesignationAppointment DateStatus
Rajasekar Ramaraj Country flag representing In Director 10-Jul-2012Current
Parthasarathy Srinivasan Country flag representing In Director 26-Jul-2022Current
Radha Basu Country flag representing Us Director 05-Sep-2011Current

Financial Performance of Imerit Technology Services.

Imerit Technology Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 33.44% increase. The company also saw a slight decrease in profitability, with a 4.54% decrease in profit. The company's net worth Soared by an impressive increase of 17.91%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
33.44%
Revenue from Operations
33.22%
Total Assets
3.30%
Profit or Loss
-4.54%
Net Worth
17.91%
EBITDA
0.88%

What is the Ownership and Shareholding Structure of Imerit Technology Services?

In 2023, Imerit Technology Services had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹3.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 3.00 Cr

Latest Charge Details

DateLenderAmountStatus
29 Mar 2019Others₹3.00 CrSatisfied

How Many Employees Work at Imerit Technology Services?

Imerit Technology Services has a workforce of 5337 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Imerit Technology Services, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Imerit Technology Services's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Imerit Technology Services

Recent activity within the organization

  • Annual General Meeting

    Imerit Technology Services Private Limited last Annual general meeting of members was held on 05 Sep 2024 as per latest MCA records.

    05 Sep 2024

  • Balance Sheet

    Imerit Technology Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Director Appointment

    Parthasarathy Namakal Srinivasan was appointed as a Director was appointed as a Director on 26 Jul 2022 & has been associated with this company since 2 years 6 months .

    26 Jul 2022

  • Charges

    A charge registered on 29 Mar 2019 via Charge ID 100256637 with Others was fully satisfied on 28 May 2021.

    28 May 2021

  • Charges

    A charge with Others amounted to Rs. 3.00 Cr with Charge ID 100256637 was registered on 29 Mar 2019.

    29 Mar 2019

  • Director Appointment

    Avijit Saha was appointed as a Company Secretary was appointed as a Company Secretary on 25 Oct 2016 & has been associated with this company since 8 years 3 months .

    25 Oct 2016

Recent News, Updates & Announcement

Frequently asked questions

  • Imerit Technology Services Private Limited was incorporated on 14 Mar 2011.

  • The authorized share capital of Imerit Technology Services Private Limited is ₹ 23.00 Cr and paid-up capital is ₹ 22.38 Cr.

  • Currently 4 directors are associated with Imerit Technology Services Private Limited.

    • Rajasekar Ramaraj
    • Parthasarathy Namakal Srinivasan
    • Radha Basu
    • Avijit Saha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Imerit Technology Services Private Limited is 204-A, Mittal Tower 6 M.G. Road India, Bangalore, Karnataka, 560001.

  • The corporate identification number (CIN) of Imerit Technology Services Private Limited is U72900KA2011PTC057594 and the company number is 057594 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Imerit Technology Services Private Limited is https://www.imerit.net

  • According to the financial reports for the fiscal year 2023, the revenue trend for Imerit Technology Services Private Limited has risen by 33.44%.

  • As Per 2023 financial reports, 5337 employees are currently employed by Imerit Technology Services Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Imerit Technology Services Private Limited has experienced an upsurge of 17.91%.

  • The most recent Balance Sheet for Imerit Technology Services Private Limited was filed with the ROC on 31 Mar 2024.

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