Merind Limited

Real estate rental services for commercial and residential properties.

1958 | Mumbai, Maharashtra (India) | Active
Last Updated:

Merind Profile

Key Indicators

  • Authorised Capital ₹ 4.20 Cr
  • Paid Up Capital ₹ 3.64 Cr
  • Company Age 66 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 30.00 Cr
  • Revenue Growth -2.78%
  • Profit Growth -22.38%
  • Ebitda -631.15%
  • Net Worth 3.79%
  • Total Assets 9.02%

About Merind

Merind Limited (ML) was founded in India on 04 November 1958 and has a glorious history of 66 years and six months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Financial Services 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 4.20 Cr and a paid-up capital of Rs 3.64 Cr.

The company has closed loans amounting to ₹30.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Stephen Dsouza, Zahabiya Khorakiwala, and Huzaifa Khorakiwala 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

    U24239MH1958PLC011204

  • Company No.

    011204

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    04 Nov 1958

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services
Company report

Merind Limited

Explore comprehensive data for Merind Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Merind?

Board Members (3)

Name Designation Appointment Date Status
Huzaifa Khorakiwala Country flag representing In Director 31-Mar-2010 Current
Stephen Dsouza Country flag representing In Director 21-Aug-2019 Current
Zahabiya Khorakiwala Country flag representing In Director 31-Mar-2010 Current

Financial Performance of Merind.

Merind Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 2.78% decrease. The company also saw a substantial fall in profitability, with a 22.38% decrease in profit. The company's net worth moved up by a moderate rise of 3.79%.

Merind revenue growth over time
Merind 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
-2.78%
Revenue from Operations
Total Assets
9.02%
Profit or Loss
-22.38%
Net Worth
3.79%
EBITDA
-631.15%

What is the Ownership and Shareholding Structure of Merind?

In 2023, Merind had a promoter holding of 96.06% and a public holding of 3.94%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹30.00 Cr

Charges Breakdown by Lending Institutions

  • Punjab National Bank : 30.00 Cr

Latest Charge Details

Date Lender Amount Status
09 Jul 2004 Punjab National Bank ₹30.00 Cr Satisfied

How Many Employees Work at Merind?

Merind has a workforce of 37 employees as of Apr 07, 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 Merind Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Merind Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

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

  • Director Appointment

    Stephen Sabbas Dsouza was appointed as a Director was appointed as a Director on 21 Aug 2019 & has been associated with this company since 5 years 8 months .

  • Director Appointment

    Zahabiya Habil Khorakiwala was appointed as a Director was appointed as a Director on 31 Mar 2010 & has been associated with this company since 15 years 1 month .

  • Director Appointment

    Huzaifa Habil Khorakiwala was appointed as a Director was appointed as a Director on 31 Mar 2010 & has been associated with this company since 15 years 1 month .

  • Charges

    A charge registered on 09 Jul 2004 via Charge ID 80036154 with Punjab National Bank was fully satisfied on 21 Dec 2009.

Frequently asked questions

  • What is the Incorporation or founding date of Merind Limited?

    Merind Limited was incorporated on 04 Nov 1958.

  • What is authorized share capital and paid-up capital of Merind Limited?

    The authorized share capital of Merind Limited is ₹ 4.20 Cr and paid-up capital is ₹ 3.64 Cr.

  • Who are the current board members & directors of Merind Limited?

    Currently 3 directors are associated with Merind Limited.

    • Stephen Sabbas Dsouza
    • Zahabiya Habil Khorakiwala
    • Huzaifa Habil Khorakiwala

  • What is the registered address of Merind Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Merind Limited is Readymoney Terrace 2Nd Floor Room No. 5 167 Dr. Annie Besant Road, Worli India, Mumbai, Maharashtra, 400018.

  • What is the corporate identification number (CIN) and company number of Merind Limited?

    The corporate identification number (CIN) of Merind Limited is U24239MH1958PLC011204 and the company number is 011204 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Merind Limited?

    The Official website of Merind Limited is https://www.merindmic.com

  • What has been the recent revenue trend for Merind Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Merind Limited has fallen by -2.78%.

  • How many employees does Merind Limited currently have?

    As Per 2023 financial reports, 37 employees are currently employed by Merind Limited.

  • What change has been observed in the net worth of Merind Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Merind Limited has experienced an upsurge of 3.79%.

  • When was the last Balance Sheet of Merind Limited filed with the ROC?

    The most recent Balance Sheet for Merind Limited was filed with the ROC on 31 Mar 2024.

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