Merican Funds Limited
Founded in 1985 and headquartered in Karnataka, India.
1985 | Bangaluru, Karnataka (India) | Active
Merican Funds Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 1.00 Cr
- Company Age 39 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Revenue Growth -20.00%
- Profit Growth 54.71%
- Ebitda 56.00%
- Net Worth -0.12%
- Total Assets 1.10%
About Merican Funds
Merican Funds Limited (MFL) is a Public Limited Indian Non-Government Company incorporated in India on 06 November 1985 and has a history of 39 years and three months. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Financial Services 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 1.00 Cr and a paid-up capital of Rs 1.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Mukesh Shroff, Manoj Shroff, and Kamlesh Shroff serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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- Social Media -
Corporate Identity Details
- CIN/LLPIN
U65910KA1985PLC007263
- Company No.
007263
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
06 Nov 1985
- Date of AGM
01 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Financial Services
Who are the key members and board of directors at Merican Funds?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mukesh Shroff  | Director | 04-Mar-1992 | Current |
| Manoj Shroff | Director | 04-Mar-1992 | Current |
| Kamlesh Shroff | Director | 04-Mar-1992 | Current |
Financial Performance of Merican Funds.
Merican Funds Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 20% decrease. The company also saw a substantial improvement in profitability, with a 54.71% increase in profit. The company's net worth dipped by a decrease of 0.12%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Merican Funds?
In 2018, Merican Funds had a promoter holding of 83.14% and a public holding of 16.86%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Binani Industries LimitedManoj Shroff is a mutual person
Desai Investments Pvt LtdMukesh Shroff is a mutual person
- Pearl Housing Finance (India) Limited
Mukesh Shroff and Manoj Shroff are mutual person
- V B Desai Financial Services Ltd
Manoj Shroff is a mutual person
- Arodyne Chemicals Limited
Mukesh Shroff is a mutual person
- Caladium Trading Private Limited
Mukesh Shroff is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Merican Funds?
Unlock and access historical data on people associated with Merican Funds, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Merican Funds, 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 Merican Funds'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 Merican Funds
Recent activity within the organization
- Annual General Meeting
Merican Funds Limited last Annual general meeting of members was held on 01 Aug 2024 as per latest MCA records.
- Balance Sheet
Merican Funds Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Director Appointment
Mukesh Thakorlal Shroff was appointed as a Director was appointed as a Director on 04 Mar 1992 & has been associated with this company since 33 years .
- Director Appointment
Manoj Thakorlal Shroff was appointed as a Director was appointed as a Director on 04 Mar 1992 & has been associated with this company since 33 years .
- Director Appointment
Kamlesh Jitendra Shroff was appointed as a Director was appointed as a Director on 04 Mar 1992 & has been associated with this company since 33 years .
- Company Incorporation
Merican Funds Limited was registered on 06 Nov 1985 with Roc Bangalore & aged 39 years 3 months as per MCA records.
Frequently asked questions
What is the Incorporation or founding date of Merican Funds Limited?
Merican Funds Limited was incorporated on 06 Nov 1985.
What is authorized share capital and paid-up capital of Merican Funds Limited?
The authorized share capital of Merican Funds Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.
Who are the current board members & directors of Merican Funds Limited?
Currently 3 directors are associated with Merican Funds Limited.
- Mukesh Thakorlal Shroff
- Manoj Thakorlal Shroff
- Kamlesh Jitendra Shroff
What is the registered address of Merican Funds Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Merican Funds Limited is Samsom Complex 26, Mission Road India, Bangalore, Karnataka, 560027.
What is the corporate identification number (CIN) and company number of Merican Funds Limited?
The corporate identification number (CIN) of Merican Funds Limited is U65910KA1985PLC007263 and the company number is 007263 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Merican Funds Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Merican Funds Limited has fallen by -20.00%.
What change has been observed in the net worth of Merican Funds Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Merican Funds Limited has experienced an downturn of -0.12%.
When was the last Balance Sheet of Merican Funds Limited filed with the ROC?
The most recent Balance Sheet for Merican Funds Limited was filed with the ROC on 31 Mar 2024.