Merint Developers Private Limited

Developing apartments since 1998 with registered office in Mumbai, Maharashtra.

1998 | Mumbai, Maharashtra (India) | Active
Last Updated: January 11, 2025

Merint Developers Profile

Key Indicators

  • Authorised Capital ₹ 45.00 Cr
  • Paid Up Capital ₹ 13.63 Cr
  • Company Age 27 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.08 M
  • Satisfied Charges ₹ 34.20 Cr
  • Revenue Growth -8.84%
  • Profit Growth 54.59%
  • Ebitda -77.28%
  • Net Worth -6.17%
  • Total Assets -9.12%

About Merint Developers

Merint Developers Private Limited (MDPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 January 1998 and has a history of 27 years and one month. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as New Merchants International Pvt Ltd. The Company is engaged in the Infrastructure And Utilities 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 45.00 Cr and a paid-up capital of Rs 13.63 Cr.

The company currently has active open charges totaling ₹4.08 M. The company has closed loans amounting to ₹34.20 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Merint Developers Private Limited India is Mayuri Visharia as COMPANY SECRETARY. Fazal Manekia and Sukoon Sethi 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

    U74999MH1998PTC112762

  • Company No.

    112762

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Jan 1998

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Infrastructure and Utilities

Who are the key members and board of directors at Merint Developers?

Executive Team (1)

Name Designation Appointment Date Status
Mayuri Visharia Company Secretary 29-May-2021 Current

Board Members (2)

Name Designation Appointment Date Status
Fazal Manekia Country flag representing In Director 01-Jan-1998 Current
Sukoon Sethi Country flag representing In Director 13-Sep-2012 Current

Financial Performance of Merint Developers.

Merint Developers Private Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 8.84% decrease. The company also saw a substantial improvement in profitability, with a 54.59% increase in profit. The company's net worth dipped by a decrease of 6.17%.

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
-8.84%
Revenue from Operations
-15.91%
Total Assets
-9.12%
Profit or Loss
54.59%
Net Worth
-6.17%
EBITDA
-77.28%

What is the Ownership and Shareholding Structure of Merint Developers?

In 2022, Merint Developers had a promoter holding of 96.72% and a public holding of 3.28%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.41 Cr

Satisfied Charges

₹34.20 Cr

Charges Breakdown by Lending Institutions

  • Srei Equipment Finance Private Limited : 0.41 Cr

Latest Charge Details

Date Lender Amount Status
19 Nov 2009 Srei Equipment Finance Private Limited ₹4.08 M Open
03 Dec 2008 Standard Chartered Bank ₹2.50 Cr Satisfied
02 Nov 2006 Development Credit Bank Limited ₹31.20 Cr Satisfied
25 Jul 2006 Development Credit Bank Limited ₹5.00 M Satisfied

How Many Employees Work at Merint Developers?

Unlock and access historical data on people associated with Merint Developers, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Merint Developers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Mayuri Chandulal Visharia was appointed as a Company Secretary was appointed as a Company Secretary on 29 May 2021 & has been associated with this company since 3 years 8 months .

    29 May 2021

  • Charges

    A charge registered on 02 Nov 2006 via Charge ID 10026643 with Development Credit Bank Limited was fully satisfied on 09 Jun 2017.

    09 Jun 2017

  • Director Appointment

    Sukoon Akshay Sethi was appointed as a Director was appointed as a Director on 13 Sep 2012 & has been associated with this company since 12 years 4 months .

    13 Sep 2012

  • Charges

    A charge with Srei Equipment Finance Private Limited amounted to Rs. 0.41 Cr with Charge ID 10187392 was registered on 19 Nov 2009.

    19 Nov 2009

Frequently asked questions

  • Merint Developers Private Limited was incorporated on 01 Jan 1998.

  • The authorized share capital of Merint Developers Private Limited is ₹ 45.00 Cr and paid-up capital is ₹ 13.63 Cr.

  • Currently 3 directors are associated with Merint Developers Private Limited.

    • Fazal Mahemood Kassam Ali Manekia
    • Sukoon Akshay Sethi
    • Mayuri Chandulal Visharia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Merint Developers Private Limited is Diago D Ground Flooroff Carter Rd Bandra (W) India, Mumbai, Maharashtra, 400050.

  • The corporate identification number (CIN) of Merint Developers Private Limited is U74999MH1998PTC112762 and the company number is 112762 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Merint Developers Private Limited is https://www.merint.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Merint Developers Private Limited has fallen by -8.84%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Merint Developers Private Limited has experienced an downturn of -6.17%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Merint Developers Private Limited amount to ₹ 4.08 M.

  • The most recent Balance Sheet for Merint Developers Private Limited was filed with the ROC on 31 Mar 2023.

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