Meridian Chem-Bond Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 1.30 Cr
- Company Age 27 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 60.50 Cr
- Satisfied Charges ₹ 57.20 Cr
- Revenue Growth -24.78%
- Profit Growth 15.45%
- Ebitda -57.08%
- Net Worth 32.50%
- Total Assets -13.02%
About Meridian Chem-Bond
Meridian Chem-Bond Private Limited (MCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 May 1997 and has a history of 27 years and eight months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Meridian Chem-Bond Limited. The Company is engaged in the Chemicals And Materials 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 10.00 Cr and a paid-up capital of Rs 1.30 Cr.
The company currently has active open charges totaling ₹60.50 Cr. The company has closed loans amounting to ₹57.20 Cr, as per Ministry of Corporate Affairs (MCA) records.
Anil Jain, Sharad Munot, and Sambathukumar Nair serve as directors at the Company.
Company Details
-
Location
Mumbai, Maharashtra, India
-
Telephone
+91-XXXXXXXXXX
-
Email Address
-
Website
-
Social Media-
Corporate Identity Details
-
CIN/LLPIN
U24110MH1997PTC107919
-
Company No.
107919
-
Company Classification
Private Limited Indian Non-Government Company
-
Incorporation Date
09 May 1997
-
Date of AGM
30 Sep 2024
-
Date of Balance Sheet
31 Mar 2024
-
Listing Status
Unlisted
-
ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Meridian Chem-Bond?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Anil Jain
|
Managing Director | 01-Apr-2009 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Sharad Munot
|
Whole-Time Director | 04-Jun-2003 | Current |
|
Sambathukumar Nair
|
Whole-Time Director | 01-Apr-2010 | Current |
Financial Performance of Meridian Chem-Bond.
Meridian Chem-Bond Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 24.78% decrease. The company also saw a substantial improvement in profitability, with a 15.45% increase in profit. The company's net worth Soared by an impressive increase of 32.5%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
|
(FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
|
||||||
| Revenue from Operations |
|
||||||
| Total Assets |
|
||||||
| Profit or Loss |
|
||||||
| Net Worth |
|
||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Meridian Chem-Bond?
In 2023, Meridian Chem-Bond had a promoter holding of 100.00%. The company had 1 Subsidiary and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
-
Ratan Shanti Properties LlpAnil Jain is a mutual person
-
Meridian Foods Private Limited
Anil Jain and Sharad Munot are mutual person
-
Nakoda Spinning Mills Private Limited
Anil Jain and Sharad Munot are mutual person
-
Raj Gems Private Limited
Anil Jain is a mutual person
-
Meridian Flour Mills Limited
Anil Jain and Sharad Munot are mutual person
Charges (Loans)
₹60.50 Cr
₹57.20 Cr
Charges Breakdown by Lending Institutions
- Others : 34.25 Cr
- Kotak Mahindra Bank Limited : 26.25 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 May 2012 | Kotak Mahindra Bank Limited | ₹26.25 Cr | Open |
| 15 May 2012 | Others | ₹34.25 Cr | Open |
| 20 Sep 2012 | Standard Chartered Bank | ₹17.40 Cr | Satisfied |
| 26 Aug 2011 | Kotak Mahindra Bank Limited | ₹3.40 Cr | Satisfied |
| 22 Feb 2007 | State Bank Ofindia | ₹19.30 Cr | Satisfied |
How Many Employees Work at Meridian Chem-Bond?
Unlock and access historical data on people associated with Meridian Chem-Bond, 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 Meridian Chem-Bond, 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 Chem-Bond'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.
