Merit Advisors Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 1.00 M
- Company Age 26 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- 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 three 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 2023. 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.
Walter Dsouza and Diana Dsouza serve as directors at the Company.
Company Details
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Location
Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U65920MH1998PTC116891
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Company No.
116891
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
15 Oct 1998
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Merit Advisors?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Walter Dsouza
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Director | 30-Sep-2002 | Current |
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Diana Dsouza
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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%.
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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.
Related Corporates (Common Directorship)
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Walter Advisors Private LimitedWalter D'souza and Diana D'souza are mutual person
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Grapefruit Health Private LimitedWalter D'souza is a mutual person
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Waltz Properties Private Limited
Walter D'souza and Diana D'souza are mutual person
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Biofarma Consultancy Private Limited
Walter D'souza is a mutual person
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Wapl Foundation
Walter D'souza and Diana D'souza are mutual person
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Same Time Same Place Llp
Diana D'souza is a mutual person
Charges (Loans)
₹0
₹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.
Deals i
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
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.
