Meridian Air Travel Private Limited

Travel agency providing comprehensive travel management services for leisure and corporate travelers.

1998 | Bangaluru, Karnataka (India) | Active
Last Updated: February 09, 2025

Meridian Air Travel Profile

Key Indicators

  • Authorised Capital ₹ 3.50 M
  • Paid Up Capital ₹ 2.70 M
  • Company Age 27 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 6.79 M
  • Satisfied Charges ₹ 1.25 Cr
  • Revenue Growth 0.04%
  • Profit Growth 102.68%
  • Ebitda 46.48%
  • Net Worth 33.62%
  • Total Assets -11.10%

About Meridian Air Travel

Meridian Air Travel Private Limited (MATPL) is a Private Limited Indian Non-Government Company incorporated in India on 09 January 1998 and has a history of 27 years and one month. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Transport And Logistics Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 3.50 M and a paid-up capital of Rs 2.70 M.

The company currently has active open charges totaling ₹6.79 M. The company has closed loans amounting to ₹1.25 Cr, as per Ministry of Corporate Affairs (MCA) records.

Srinivas Gurumurthy, Gurumurthy Shivaram, and Indira serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    merair.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U63040KA1998PTC023252

  • Company No.

    023252

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Jan 1998

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Transport and Logistics
Financial Services

Who are the key members and board of directors at Meridian Air Travel?

Executive Team (1)

NameDesignationAppointment DateStatus
Srinivas Gurumurthy Country flag representing In Managing Director09-Jan-1998Current

Board Members (2)

NameDesignationAppointment DateStatus
Gurumurthy Shivaram Country flag representing In Whole-Time Director 09-Jan-1998Current
Indira Country flag representing In Director 01-Nov-2001Current

Financial Performance of Meridian Air Travel.

Meridian Air Travel Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 0.04% increase. The company also saw a substantial improvement in profitability, with a 102.68% increase in profit. The company's net worth Soared by an impressive increase of 33.62%.

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
0.04%
Revenue from Operations
205.84%
Total Assets
-11.10%
Profit or Loss
102.68%
Net Worth
33.62%
EBITDA
46.48%

What is the Ownership and Shareholding Structure of Meridian Air Travel?

In 2023, Meridian Air Travel had a public holding of 4.63%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹6.79 M

Satisfied Charges

₹12.45 M

Charges Breakdown by Lending Institutions

  • Canara Bank : 0.68 Cr

Latest Charge Details

DateLenderAmountStatus
07 Apr 2018Canara Bank₹1.40 MOpen
18 Aug 2016Canara Bank₹5.39 MOpen
08 Jun 2015Hdfc Bank Limited₹5.00 MSatisfied
14 Aug 2009Canara Bank₹1.40 MSatisfied
12 Apr 2006Canara Bank₹0.55 MSatisfied

How Many Employees Work at Meridian Air Travel?

Unlock and access historical data on people associated with Meridian Air Travel, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Meridian Air Travel, 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 Meridian Air Travel'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 Meridian Air Travel

Recent activity within the organization

  • Annual General Meeting

    Meridian Air Travel Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Meridian Air Travel Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Canara Bank of Rs. 5.39 M registered on 18 Aug 2016 with Charge ID 100048699 was modified on 13 May 2020.

    13 May 2020

  • Charges

    A charge with Canara Bank amounted to Rs. 1.40 M with Charge ID 100170401 was registered on 07 Apr 2018.

    07 Apr 2018

  • Charges

    A charge registered on 08 Jun 2015 via Charge ID 10573694 with Hdfc Bank Limited was fully satisfied on 22 Sep 2016.

    22 Sep 2016

  • Charges

    A charge with Canara Bank amounted to Rs. 5.39 M with Charge ID 100048699 was registered on 18 Aug 2016.

    18 Aug 2016

Frequently asked questions

  • Meridian Air Travel Private Limited was incorporated on 09 Jan 1998.

  • The authorized share capital of Meridian Air Travel Private Limited is ₹ 3.50 M and paid-up capital is ₹ 2.70 M.

  • Currently 3 directors are associated with Meridian Air Travel Private Limited.

    • Srinivas Shivram Gurumurthy
    • Gurumurthy Shivaram
    • Indira
  • As per Ministry of Corporate Affairs (Mca), the registered address of Meridian Air Travel Private Limited is No.1, Yamunabai Road Madhava Nagar India, Bangalore, Karnataka, 560001.

  • The corporate identification number (CIN) of Meridian Air Travel Private Limited is U63040KA1998PTC023252 and the company number is 023252 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Meridian Air Travel Private Limited is https://www.merair.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Meridian Air Travel Private Limited has risen by 0.04%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Meridian Air Travel Private Limited has experienced an upsurge of 33.62%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Meridian Air Travel Private Limited amount to ₹ 6.79 M.

  • The most recent Balance Sheet for Meridian Air Travel Private Limited was filed with the ROC on 31 Mar 2023.