Meridian Infotech Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 3.49 Cr
- Company Age 29 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 17.31 Cr
- Satisfied Charges ₹ 7.10 M
- Revenue Growth 45.81%
- Profit Growth 40.58%
- Ebitda 43.58%
- Net Worth 32.09%
- Total Assets 53.06%
About Meridian Infotech
Meridian Infotech Limited (MIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 16 November 1995 and has a history of 29 years and four months. Its registered office is in Vadodara, Gujarat.
The Corporate was formerly known as Meridian Infotech Private Limited. The Company is engaged in the Information Technology 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 5.00 Cr and a paid-up capital of Rs 3.49 Cr.
The company currently has active open charges totaling ₹17.31 Cr. The company has closed loans amounting to ₹7.10 M, as per Ministry of Corporate Affairs (MCA) records.
Bhavesh Buddhdev, Devang Jasani, and Jayesh Buddhadev serve as directors at the Company.
Company Details
- Location Vadodara, Gujarat
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U30007GJ1995PLC028142
- Company No.
028142
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
16 Nov 1995
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Information Technology
What products or services does Meridian Infotech Limited offer?
Meridian Infotech Limited offers a wide range of products and services, including BPO Operations and Services, BPO Services.
Meridian Infotech Limited
Explore comprehensive data for Meridian Infotech Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Meridian Infotech?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Devang Jasani  | Director | 19-May-2010 | Current |
| Bhavesh Buddhdev | Director | 16-Nov-1995 | Current |
| Jayesh Buddhadev | Director | 16-Nov-1995 | Current |
Financial Performance of Meridian Infotech.
Meridian Infotech Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 45.81% increase. The company also saw a substantial improvement in profitability, with a 40.58% increase in profit. The company's net worth Soared by an impressive increase of 32.09%.
- 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 Infotech?
In 2023, Meridian Infotech had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Tech Scout Labs LlpBhavesh Buddhdev is a mutual person
Solutions 4 Hydrogen Private LimitedBhavesh Buddhdev is a mutual person
Gesia It AssociationDevang Jasani is a mutual person
Excelsource International Private LimitedBhavesh Buddhdev is a mutual person
Billion Electric Mobility Private LimitedBhavesh Buddhdev is a mutual person
Disruption Enablers Consortium LlpBhavesh Buddhdev and Devang Jasani are mutual person
Charges (Loans)
Open Charges
₹17.31 Cr
Satisfied Charges
₹0.71 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 15.28 Cr
- Axis Bank Limited : 2.00 Cr
- Syndicate Bank : 0.03 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Nov 2020 | Axis Bank Limited | ₹2.00 Cr | Open |
| 24 Dec 2010 | State Bank Of India | ₹15.28 Cr | Open |
| 15 Apr 2005 | Syndicate Bank | ₹0.32 M | Open |
| 10 Oct 2014 | Icici Bank Limited | ₹5.60 M | Satisfied |
| 18 May 2007 | Syndicate Bank | ₹1.50 M | Satisfied |
How Many Employees Work at Meridian Infotech?
Meridian Infotech has a workforce of 317 employees as of Apr 06, 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 Infotech, 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 Infotech'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.
Latest Updates, News, and FAQs on Meridian Infotech
Recent activity within the organization
- Annual General Meeting
Meridian Infotech Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Meridian Infotech Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Charges
A charge with State Bank Of India of Rs. 15.28 Cr registered on 24 Dec 2010 with Charge ID 10259569 was modified on 26 Mar 2024.
- Charges
A charge with Axis Bank Limited of Rs. 2.00 Cr registered on 19 Nov 2020 with Charge ID 100422555 was modified on 30 Jul 2021.
- Charges
A charge with Axis Bank Limited amounted to Rs. 2.00 Cr with Charge ID 100422555 was registered on 19 Nov 2020.
- Charges
A charge registered on 10 Oct 2014 via Charge ID 10529092 with Icici Bank Limited was fully satisfied on 20 Mar 2018.
Frequently asked questions
What is the Incorporation or founding date of Meridian Infotech Limited?
Meridian Infotech Limited was incorporated on 16 Nov 1995.
What is authorized share capital and paid-up capital of Meridian Infotech Limited?
The authorized share capital of Meridian Infotech Limited is ₹ 5.00 Cr and paid-up capital is ₹ 3.49 Cr.
Who are the current board members & directors of Meridian Infotech Limited?
Currently 3 directors are associated with Meridian Infotech Limited.
- Bhavesh Dhanvantray Buddhdev
- Devang Dhimantray Jasani
- Jayesh Dhirajlal Buddhadev
What is the registered address of Meridian Infotech Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Meridian Infotech Limited is 201-202 Vice Regal 15Punit Nagar Off-Old Padra Road India, Vadodara, Gujarat, 390015.
What is the corporate identification number (CIN) and company number of Meridian Infotech Limited?
The corporate identification number (CIN) of Meridian Infotech Limited is U30007GJ1995PLC028142 and the company number is 028142 as per Ministry of Corporate Affairs (MCA).
What is the official website of Meridian Infotech Limited?
The Official website of Meridian Infotech Limited is https://www.meridian.co.in
What has been the recent revenue trend for Meridian Infotech Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Meridian Infotech Limited has risen by 45.81%.
How many employees does Meridian Infotech Limited currently have?
As Per 2023 financial reports, 317 employees are currently employed by Meridian Infotech Limited.
What change has been observed in the net worth of Meridian Infotech Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Meridian Infotech Limited has experienced an upsurge of 32.09%.
What are the total open charges for Meridian Infotech Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Meridian Infotech Limited amount to ₹ 17.31 Cr.
When was the last Balance Sheet of Meridian Infotech Limited filed with the ROC?
The most recent Balance Sheet for Meridian Infotech Limited was filed with the ROC on 31 Mar 2024.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
MB
Mehul BuddhadevDirector