Meridian Global Ventures Profile
Key Indicators
- Authorised Capital ₹ 20.15 Cr
- Paid Up Capital ₹ 20.13 Cr
- Company Age 31 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 60.20 Cr
- Satisfied Charges ₹ 153.05 Cr
- Revenue Growth 4.28%
- Profit Growth 249.69%
- Ebitda 196.28%
- Net Worth 14.05%
- Total Assets -5.51%
About Meridian Global Ventures
Meridian Global Ventures Private Limited (MGVPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 April 1993 and has a history of 31 years and nine months. Its registered office is in Chennai-18, Tamil Nadu, India.
The Corporate was formerly known as Meridian Global Exim Private Limited. The Company is engaged in the Manufacturing 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 20.15 Cr and a paid-up capital of Rs 20.13 Cr.
The company currently has active open charges totaling ₹60.20 Cr. The company has closed loans amounting to ₹153.05 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Meridian Global Ventures Private Limited India is Hari Sridharan as COMPANY SECRETARY. Gautam Saraogi, Rahul Saraogi, Prakash Saraogi, and One other member serve as directors at the Company.
Company Details
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Location
Chennai-18, Tamil Nadu, 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
U18101TN1993PTC024764
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Company No.
024764
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
06 Apr 1993
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Meridian Global Ventures?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vinod Saraogi
|
Managing Director | 06-Apr-1993 | Current |
| Hari Sridharan | Company Secretary | 28-Feb-2020 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Prakash Saraogi
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Director | 06-Apr-1993 | Current |
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Gautam Saraogi
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Director | 01-Apr-2012 | Current |
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Rahul Saraogi
|
Director | 30-Sep-2003 | Current |
Financial Performance of Meridian Global Ventures.
Meridian Global Ventures Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 4.28% increase. The company also saw a substantial improvement in profitability, with a 249.69% increase in profit. The company's net worth Soared by an impressive increase of 14.05%.
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What is the Ownership and Shareholding Structure of Meridian Global Ventures?
In 2023, Meridian Global Ventures had a promoter holding of 100.00%. The company had 1 Subsidiary and 3 Associate Companies. 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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Winwind Power Energy Private LimitedGautam Saraogi and Prakash Saraogi are mutual person
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Invenire Petrodyne LimitedRahul Saraogi is a mutual person
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Jekpl Private LimitedRahul Saraogi is a mutual person
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Invenire Energy Private LimitedRahul Saraogi is a mutual person
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Go Fashion (India) LimitedGautam Saraogi, Rahul Saraogi and 1 more are mutual person
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Cygni Energy Private LimitedRahul Saraogi is a mutual person
Charges (Loans)
₹60.20 Cr
₹153.05 Cr
Charges Breakdown by Lending Institutions
- Union Bank Of India : 29.00 Cr
- State Bank Of India : 19.90 Cr
- Others : 10.00 Cr
- Hdfc Bank Limited : 1.30 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Mar 2023 | Hdfc Bank Limited | ₹1.00 Cr | Open |
| 22 Jul 2021 | Hdfc Bank Limited | ₹3.00 M | Open |
| 29 Jul 2020 | Others | ₹10.00 Cr | Open |
| 23 Sep 2009 | State Bank Of India | ₹19.90 Cr | Open |
| 28 Jul 1997 | Union Bank Of India | ₹29.00 Cr | Open |
How Many Employees Work at Meridian Global Ventures?
Meridian Global Ventures has a workforce of 15 employees as of Apr 01, 2024. 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 Global Ventures, 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 Global Ventures'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.
