Merican Funds Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 1.00 Cr
- Company Age 39 Year, 2 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 two 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
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Location
Bangaluru, Karnataka, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U65910KA1985PLC007263
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Company No.
007263
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
06 Nov 1985
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Date of AGM
01 Aug 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Merican Funds?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mukesh Shroff
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Director | 04-Mar-1992 | Current |
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Manoj Shroff
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Director | 04-Mar-1992 | Current |
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Kamlesh Shroff
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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%.
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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)
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Binani Industries LimitedManoj Shroff is a mutual person
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Desai Investments Pvt LtdMukesh Shroff is a mutual person
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Pearl Housing Finance (India) Limited
Mukesh Shroff and Manoj Shroff are mutual person
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V B Desai Financial Services Ltd
Manoj Shroff is a mutual person
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Arodyne Chemicals LimitedMukesh Shroff is a mutual person
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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
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