Merit Advisors Private Limited

Financial consultancy services for various investments and financing options.

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

Merit Advisors Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 26 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 12.05 Cr
  • Revenue Growth -34.56%
  • Profit Growth -55.74%
  • Ebitda -76.30%
  • Net Worth 7.07%
  • Total Assets 24.18%

About Merit Advisors

Merit Advisors Private Limited (MAPL) is a Private Limited Indian Non-Government Company incorporated in India on 15 October 1998 and has a history of 26 years and six months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Merit Finance Private Limited. The Company is engaged in the Business Outsourcing 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 M and a paid-up capital of Rs 1.00 M.

The company has closed loans amounting to ₹12.05 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Diana Dsouza and Walter Dsouza 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

    U65920MH1998PTC116891

  • Company No.

    116891

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Oct 1998

  • Date of AGM

    12 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Business Outsourcing
Company report

Merit Advisors Private Limited

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

Who are the key members and board of directors at Merit Advisors?

Board Members (2)

Name Designation Appointment Date Status
Walter Dsouza Country flag representing In Director 30-Sep-2002 Current
Diana Dsouza Country flag representing In Director 30-Sep-2002 Current

Financial Performance of Merit Advisors.

Merit Advisors Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 34.56% decrease. The company also saw a substantial fall in profitability, with a 55.74% decrease in profit. The company's net worth moved up by a moderate rise of 7.07%.

Merit Advisors revenue growth over time
Merit Advisors 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
-34.56%
Revenue from Operations
-35.00%
Total Assets
24.18%
Profit or Loss
-55.74%
Net Worth
7.07%
EBITDA
-76.30%

What is the Ownership and Shareholding Structure of Merit Advisors?

In 2023, Merit Advisors had a promoter holding of 70.41% and a public holding of 29.59%. 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

₹120.46 M

Charges Breakdown by Lending Institutions

  • Standard Chartered Bank : 3.76 Cr
  • Citibank N. A. : 2.56 Cr
  • Citi Bank N. A. : 2.50 Cr
  • Others : 2.28 Cr
  • Deutsche Bank Ag : 0.94 Cr

Latest Charge Details

Date Lender Amount Status
16 Apr 2018 Others ₹2.28 Cr Satisfied
15 Feb 2016 Standard Chartered Bank ₹1.35 Cr Satisfied
15 Feb 2016 Standard Chartered Bank ₹2.41 Cr Satisfied
20 Nov 2013 Citibank N. A. ₹2.56 Cr Satisfied
22 Nov 2011 Citi Bank N. A. ₹1.00 Cr Satisfied

How Many Employees Work at Merit Advisors?

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

Employee growth trends for Merit Advisors Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Merit Advisors Private Limited last Annual general meeting of members was held on 12 Sep 2024 as per latest MCA records.

  • Balance Sheet

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

  • Charges

    A charge registered on 16 Apr 2018 via Charge ID 100175004 with Others was fully satisfied on 16 Dec 2020.

  • Charges

    A charge registered on 15 Feb 2016 via Charge ID 10621657 with Standard Chartered Bank was fully satisfied on 15 May 2018.

  • Charges

    A charge registered on 15 Feb 2016 via Charge ID 10621660 with Standard Chartered Bank was fully satisfied on 15 May 2018.

  • Charges

    A charge with Others amounted to Rs. 22.80 M with Charge ID 100175004 was registered on 16 Apr 2018.

Frequently asked questions

  • What is the Incorporation or founding date of Merit Advisors Private Limited?

    Merit Advisors Private Limited was incorporated on 15 Oct 1998.

  • What is authorized share capital and paid-up capital of Merit Advisors Private Limited?

    The authorized share capital of Merit Advisors Private Limited is ₹ 5.00 M and paid-up capital is ₹ 1.00 M.

  • Who are the current board members & directors of Merit Advisors Private Limited?

    Currently 2 directors are associated with Merit Advisors Private Limited.

    • Diana Dsouza
    • Walter Sylvester Dsouza
  • What is the registered address of Merit Advisors Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Merit Advisors Private Limited is 504 Windfall Sahar Plaza Andheri - Kurla Road, (E) India, Mumbai, Maharashtra, 400059.

  • What is the corporate identification number (CIN) and company number of Merit Advisors Private Limited?

    The corporate identification number (CIN) of Merit Advisors Private Limited is U65920MH1998PTC116891 and the company number is 116891 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Merit Advisors Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Merit Advisors Private Limited has fallen by -34.56%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Merit Advisors Private Limited has experienced an upsurge of 7.07%.

  • When was the last Balance Sheet of Merit Advisors Private Limited filed with the ROC?

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

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