Merit Hospitality Services Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.10 M
- Company Age 16 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2.76 Cr
- Satisfied Charges ₹ 7.84 M
- Revenue Growth 3.36%
- Profit Growth 33.56%
- Ebitda 72.71%
- Net Worth -9.33%
- Total Assets -11.67%
About Merit Hospitality Services
Merit Hospitality Services Private Limited (MHSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 December 2008 and has a history of 16 years and two months. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Travel And Hospitality 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 0.50 M and a paid-up capital of Rs 0.10 M.
The company currently has active open charges totaling ₹2.76 Cr. The company has closed loans amounting to ₹7.84 M, as per Ministry of Corporate Affairs (MCA) records.
Ansuya Darade and Shyamala Shetty 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
U55101MH2008PTC188789
- Company No.
188789
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
10 Dec 2008
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
What products or services does Merit Hospitality Services Private Limited offer?
Merit Hospitality Services Private Limited offers a wide range of products and services, including Catering Services, Corporate Catering Service, Hospitality Services, Food & Catering Services.
Who are the key members and board of directors at Merit Hospitality Services?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ansuya Darade  | Managing Director | 10-Dec-2008 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Shyamala Shetty | Whole-Time Director | 10-Dec-2008 | Current |
Financial Performance of Merit Hospitality Services.
Merit Hospitality Services Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 3.36% increase. The company also saw a substantial improvement in profitability, with a 33.56% increase in profit. The company's net worth dipped by a decrease of 9.33%.
- 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 Merit Hospitality Services?
In 2023, Merit Hospitality Services 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)
Pmws Enterprises Private LimitedShyamala Shetty is a mutual person
Charges (Loans)
₹27.62 M
₹7.84 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 1.25 Cr
- Edelweiss Housing Finance Limited : 0.80 Cr
- Others : 0.72 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Aug 2023 | Hdfc Bank Limited | ₹1.25 Cr | Open |
| 31 Aug 2017 | Others | ₹7.17 M | Open |
| 28 Dec 2011 | Edelweiss Housing Finance Limited | ₹8.00 M | Open |
| 31 Dec 2013 | Standard Chartered Bank | ₹7.84 M | Satisfied |
How Many Employees Work at Merit Hospitality Services?
Merit Hospitality Services has a workforce of 22 employees as of Apr 09, 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 Merit Hospitality Services, 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 Hospitality Services'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.