Imerit Technology Services Profile
Key Indicators
- Authorised Capital ₹ 23.00 Cr
- Paid Up Capital ₹ 22.38 Cr
- Company Age 13 Year, 11 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 11 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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Avijit Saha  | Company Secretary | 25-Oct-2016 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rajasekar Ramaraj | Director | 10-Jul-2012 | Current |
| Parthasarathy Srinivasan | Director | 26-Jul-2022 | Current |
Radha Basu  | Director | 05-Sep-2011 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Paypermint Private LimitedRajasekar Ramaraj is a mutual person
Iitm Incubation CellRajasekar Ramaraj is a mutual person
R S Software (India) Ltd.Rajasekar Ramaraj is a mutual person
Foundation For Promotion Of Sports And GamesRajasekar Ramaraj is a mutual person
Intugine Technologies Private LimitedParthasarathy Srinivasan is a mutual person
Simyog Technology Private LimitedParthasarathy Srinivasan is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹3.00 Cr
Charges Breakdown by Lending Institutions
- Others : 3.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Mar 2019 | Others | ₹3.00 Cr | Satisfied |
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.
Deals i
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
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
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.
- Balance Sheet
Imerit Technology Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- 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 7 months .
- Charges
A charge registered on 29 Mar 2019 via Charge ID 100256637 with Others was fully satisfied on 28 May 2021.
- Charges
A charge with Others amounted to Rs. 3.00 Cr with Charge ID 100256637 was registered on 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 4 months .
Recent News, Updates & Announcement
- Billionaires Invest $3.5 Million In Firm Bringing Marginalized Youth Into The Digital Economy.
Social enterprise firm iMerit announced today that it had raised $3.5 million the Michael and Susan Dell Foundation Omidyar Networks and Khosla Impact..
Frequently asked questions
What is the Incorporation or founding date of Imerit Technology Services Private Limited?
Imerit Technology Services Private Limited was incorporated on 14 Mar 2011.
What is authorized share capital and paid-up capital of Imerit Technology Services Private Limited?
The authorized share capital of Imerit Technology Services Private Limited is ₹ 23.00 Cr and paid-up capital is ₹ 22.38 Cr.
Who are the current board members & directors of Imerit Technology Services Private Limited?
Currently 4 directors are associated with Imerit Technology Services Private Limited.
- Rajasekar Ramaraj
- Parthasarathy Namakal Srinivasan
- Radha Basu
- Avijit Saha
What is the registered address of Imerit Technology Services Private Limited?
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.
What is the corporate identification number (CIN) and company number of Imerit Technology Services Private Limited?
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).
What is the official website of Imerit Technology Services Private Limited?
The Official website of Imerit Technology Services Private Limited is https://www.imerit.net
What has been the recent revenue trend for Imerit Technology Services Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Imerit Technology Services Private Limited has risen by 33.44%.
How many employees does Imerit Technology Services Private Limited currently have?
As Per 2023 financial reports, 5337 employees are currently employed by Imerit Technology Services Private Limited.
What change has been observed in the net worth of Imerit Technology Services Private Limited, and by what percentage?
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%.
When was the last Balance Sheet of Imerit Technology Services Private Limited filed with the ROC?
The most recent Balance Sheet for Imerit Technology Services Private Limited was filed with the ROC on 31 Mar 2024.
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