Meridian Enterprises Profile
Key Indicators
- Authorised Capital ₹ 1.25 Cr
- Paid Up Capital ₹ 0.50 M
- Company Age 34 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 3.18 Cr
- Revenue Growth 13.91%
- Profit Growth 29.04%
- Ebitda 30.46%
- Net Worth 24.31%
- Total Assets 27.41%
About Meridian Enterprises
Meridian Enterprises Private Limited (MEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 March 1990 and has a history of 34 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Pharma 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 1.25 Cr and a paid-up capital of Rs 0.50 M.
The company has closed loans amounting to ₹3.18 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Sandeep Banatwala, Jyotsna Banatwala, Sonia Banatwala, and Three other members 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
U24231MH1990PTC055663
- Company No.
055663
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
05 Mar 1990
- Date of AGM
29 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
What products or services does Meridian Enterprises Private Limited offer?
Meridian Enterprises Private Limited offers a wide range of products and services, including Digestive System Drugs & Medicines, Gastrointestinal Drugs, Nutraceuticals & Dietary Supplements, Multivitamin Tablets & Capsules, Pain Relief Drugs & Pharmaceuticals, Diclofenac, Pharmaceutical Medicine, Antacid Drugs, Simethicone Tablets, Laxatives.
Who are the key members and board of directors at Meridian Enterprises?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sandeep Banatwala  | Managing Director | 30-Oct-2006 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Jyotsna Banatwala | Director | 05-Mar-1990 | Current |
| Sonia Banatwala | Whole-Time Director | 29-May-1998 | Current |
| Nilesh Damania | Director | 23-Mar-2023 | Current |
| Ryan Wood | Director | 23-Mar-2023 | Current |
| Anand Fandate | Director | 23-Mar-2023 | Current |
Financial Performance of Meridian Enterprises.
Meridian Enterprises Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 13.91% increase. The company also saw a substantial improvement in profitability, with a 29.04% increase in profit. The company's net worth Soared by an impressive increase of 24.31%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Meridian Enterprises?
In 2024, Meridian Enterprises had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹0
₹3.18 Cr
Charges Breakdown by Lending Institutions
- Bank Of India : 1.88 Cr
- The Vysya Bank Ltd. : 0.79 Cr
- The Bank Of Nova Scotia : 0.51 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Jun 2008 | Bank Of India | ₹9.80 M | Satisfied |
| 13 Sep 2005 | Bank Of India | ₹3.00 M | Satisfied |
| 31 May 1999 | Bank Of India | ₹6.00 M | Satisfied |
| 18 Mar 1994 | The Bank Of Nova Scotia | ₹2.80 M | Satisfied |
| 15 Feb 1994 | The Bank Of Nova Scotia | ₹2.25 M | Satisfied |
How Many Employees Work at Meridian Enterprises?
Meridian Enterprises has a workforce of 443 employees as of Jan 17, 2025. 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 Meridian Enterprises, 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 Enterprises'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.
