Meridian Global Ventures Private Limited

Manufactures women and children's garments, incorporated in 1993 in Tamil Nadu.

1993 | Chennai-18, Tamil Nadu (India) | Active
Last Updated:

Meridian Global Ventures Profile

Key Indicators

  • Authorised Capital ₹ 20.15 Cr
  • Paid Up Capital ₹ 20.13 Cr
  • Company Age 31 Year, 10 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 ten 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

  • Location

    Chennai-18, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    meridian.biz

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U18101TN1993PTC024764

  • Company No.

    024764

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Apr 1993

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Manufacturing

Who are the key members and board of directors at Meridian Global Ventures?

Executive Team (2)

NameDesignationAppointment DateStatus
Vinod Saraogi Country flag representing In Managing Director06-Apr-1993Current
Hari Sridharan Company Secretary28-Feb-2020Current

Board Members (3)

NameDesignationAppointment DateStatus
Prakash Saraogi Country flag representing In Director 06-Apr-1993Current
Gautam Saraogi Country flag representing In Director 01-Apr-2012Current
Rahul Saraogi Country flag representing In Director 30-Sep-2003Current

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%.

Meridian Global Ventures revenue growth over time
Meridian Global Ventures 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
4.28%
Revenue from Operations
2.49%
Total Assets
-5.51%
Profit or Loss
249.69%
Net Worth
14.05%
EBITDA
196.28%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹60.20 Cr

Satisfied Charges

₹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

DateLenderAmountStatus
29 Mar 2023Hdfc Bank Limited₹1.00 CrOpen
22 Jul 2021Hdfc Bank Limited₹3.00 MOpen
29 Jul 2020Others₹10.00 CrOpen
23 Sep 2009State Bank Of India₹19.90 CrOpen
28 Jul 1997Union Bank Of India₹29.00 CrOpen

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.

Employee growth trends for Meridian Global Ventures Private Limited

Deals i

Graph showing company valuation over time

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

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 Global Ventures

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Meridian Global Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.00 Cr with Charge ID 100732163 was registered on 29 Mar 2023.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.30 Cr with Charge ID 100464297 was registered on 22 Jul 2021.

  • Charges

    A charge with Others of Rs. 10.00 Cr registered on 29 Jul 2020 with Charge ID 100366670 was modified on 11 Sep 2020.

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100366670 was registered on 29 Jul 2020.

Frequently asked questions

  • What is the Incorporation or founding date of Meridian Global Ventures Private Limited?

    Meridian Global Ventures Private Limited was incorporated on 06 Apr 1993.

  • What is authorized share capital and paid-up capital of Meridian Global Ventures Private Limited?

    The authorized share capital of Meridian Global Ventures Private Limited is ₹ 20.15 Cr and paid-up capital is ₹ 20.13 Cr.

  • Who are the current board members & directors of Meridian Global Ventures Private Limited?

    Currently 5 directors are associated with Meridian Global Ventures Private Limited.

    • Gautam Saraogi
    • Rahul Saraogi
    • Prakash Kumar Saraogi
    • Vinod Kumar Saraogi
    • Hari Prashanth Sridharan

  • What is the registered address of Meridian Global Ventures Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Meridian Global Ventures Private Limited is 121/3Ttk RdManickam Ave.Chennai-18 Chennai-18, Tamil Nadu, India, 600018.

  • What is the corporate identification number (CIN) and company number of Meridian Global Ventures Private Limited?

    The corporate identification number (CIN) of Meridian Global Ventures Private Limited is U18101TN1993PTC024764 and the company number is 024764 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Meridian Global Ventures Private Limited?

    The Official website of Meridian Global Ventures Private Limited is https://www.meridian.biz

  • What has been the recent revenue trend for Meridian Global Ventures Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Meridian Global Ventures Private Limited has risen by 4.28%.

  • How many employees does Meridian Global Ventures Private Limited currently have?

    As Per 2023 financial reports, 15 employees are currently employed by Meridian Global Ventures Private Limited.

  • What change has been observed in the net worth of Meridian Global Ventures Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Meridian Global Ventures Private Limited has experienced an upsurge of 14.05%.

  • What are the total open charges for Meridian Global Ventures Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Meridian Global Ventures Private Limited amount to ₹ 60.20 Cr.

  • When was the last Balance Sheet of Meridian Global Ventures Private Limited filed with the ROC?

    The most recent Balance Sheet for Meridian Global Ventures Private Limited was filed with the ROC on 31 Mar 2023.

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