Meridian Inflatables Private Limited

Manufactures marine survival equipment and accessories, including inflatable liferafts and boats.

1977 | Mumbai, Maharashtra (India) | Active
Last Updated: January 01, 2025

Meridian Inflatables Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 47 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 7.44 Cr
  • Revenue Growth 47.26%
  • Profit Growth 296.26%
  • Ebitda 669.63%
  • Net Worth 53.67%
  • Total Assets 3.22%

About Meridian Inflatables

Meridian Inflatables Private Limited (MIPL) is a Private Limited Indian Non-Government Company incorporated in India on 18 October 1977 and has a history of 47 years and three months. Its registered office is in Mumbai, Maharashtra, India.

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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹7.44 Cr.

Arun Phatak and Vinit Phatak 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

    U74999MH1977PTC019920

  • Company No.

    019920

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Oct 1977

  • Date of AGM

    24 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

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

Executive Team (1)

Name Designation Appointment Date Status
Arun Phatak Country flag representing In Managing Director 15-Nov-2002 Current

Board Members (1)

Name Designation Appointment Date Status
Vinit Phatak Country flag representing Ca Director 15-Nov-2002 Current

Financial Performance of Meridian Inflatables.

Meridian Inflatables Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 47.26% increase. The company also saw a substantial improvement in profitability, with a 296.26% increase in profit. The company's net worth Soared by an impressive increase of 53.67%.

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
47.26%
Revenue from Operations
47.45%
Total Assets
3.22%
Profit or Loss
296.26%
Net Worth
53.67%
EBITDA
669.63%

What is the Ownership and Shareholding Structure of Meridian Inflatables?

Unlock access to Meridian Inflatables's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹74.40 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 7.44 Cr

Latest Charge Details

Date Lender Amount Status
04 Sep 1999 Canara Bank ₹1.50 M Open
31 Mar 1998 Canara Bank ₹0.75 M Open
02 Mar 1998 Canara Bank ₹1.02 Cr Open
12 Jan 1998 Canara Bank ₹2.11 Cr Open
06 Sep 1996 Canara Bank ₹0.30 M Open

How Many Employees Work at Meridian Inflatables?

Meridian Inflatables has a workforce of 9 employees as of Apr 02, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Meridian Inflatables Private Limited last Annual general meeting of members was held on 24 Sep 2024 as per latest MCA records.

    24 Sep 2024

  • Balance Sheet

    Meridian Inflatables Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Canara Bank of Rs. 21.06 M registered on 12 Jan 1998 with Charge ID 90230969 was modified on 30 Jun 2020.

    30 Jun 2020

  • Charges

    A charge with Canara Bank of Rs. 21.06 M registered on 02 Jul 1979 with Charge ID 90227508 was modified on 30 Jun 2020.

    30 Jun 2020

  • Director Appointment

    Arun Vinayak Phatak was appointed as a Managing Director was appointed as a Managing Director on 15 Nov 2002 & has been associated with this company since 22 years 2 months .

    15 Nov 2002

  • Director Appointment

    Vinit Arun Phatak was appointed as a Director was appointed as a Director on 15 Nov 2002 & has been associated with this company since 22 years 2 months .

    15 Nov 2002

Frequently asked questions

  • Meridian Inflatables Private Limited was incorporated on 18 Oct 1977.

  • The authorized share capital of Meridian Inflatables Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 2 directors are associated with Meridian Inflatables Private Limited.

    • Arun Vinayak Phatak
    • Vinit Arun Phatak
  • As per Ministry of Corporate Affairs (Mca), the registered address of Meridian Inflatables Private Limited is 103 Marwan Industrialhouse Saki Vihar Rd Andheri (E) India, Mumbai, Maharashtra, 400072.

  • The corporate identification number (CIN) of Meridian Inflatables Private Limited is U74999MH1977PTC019920 and the company number is 019920 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Meridian Inflatables Private Limited is https://www.meridian.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Meridian Inflatables Private Limited has risen by 47.26%.

  • As Per 2022 financial reports, 9 employees are currently employed by Meridian Inflatables Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Meridian Inflatables Private Limited has experienced an upsurge of 53.67%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Meridian Inflatables Private Limited amount to ₹ 7.44 Cr.

  • The most recent Balance Sheet for Meridian Inflatables Private Limited was filed with the ROC on 31 Mar 2024.