Merit Industries Limited
Manufacturer of hydraulic equipment, filter press, valves, fittings, and related components.
1996 | Coimbatore, Tamil Nadu (India) | Merged
Merit Industries Profile
Key Indicators
- Authorised Capital ₹ 7.75 Cr
- Paid Up Capital ₹ 7.00 Cr
- Company Age 28 Year, 6 Months
- Last Filing with ROC 31 Mar 2017
- Satisfied Charges ₹ 7.00 Cr
- Revenue Growth 24.08%
- Profit Growth 143.14%
- Ebitda 29.54%
- Net Worth 5.40%
- Total Assets -7.26%
About Merit Industries
Merit Industries Limited (MIL) is Amalgamated company established on 28 Oct 1996 with its office registered at Coimbatore, Tamil Nadu, India and has been running since 28 Year, 6 Months with a paid up capital of 7.00 Cr. According to MCA records, 5 Directors are linked to this company as of 16 Jan 2025.
Company Details
- Location
Coimbatore, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U17111TZ1996PLC007528
- Company No.
007528
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
28 Oct 1996
- Date of AGM
25 Sep 2017
- Date of Balance Sheet
31 Mar 2017
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Machinery and Equipment
Merit Industries Limited
Explore comprehensive data for Merit Industries Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Merit Industries?
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Prithviraj Parikh  | Director | 29-Sep-2014 | Current |
| Harsh Parikh | Director | 29-Sep-2014 | Current |
Ackanaickenpalayam Palaniswamy  | Director | 14-Aug-2014 | Current |
| Muthusamy Loganathan | Whole-Time Director | 01-Apr-1997 | Current |
| Srinivasan Ramalingam | Director | 21-Mar-2016 | Current |
Financial Performance of Merit Industries.
Merit Industries Limited, for the financial year ended 2017, experienced significant growth in revenue, with a 24.08% increase. The company also saw a substantial improvement in profitability, with a 143.14% increase in profit. The company's net worth moved up by a moderate rise of 5.4%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Merit Industries?
In 2017, Merit Industries had a promoter holding of 44.97% and a public holding of 55.04%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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- Aspher Foods Private Limited
Prithviraj Parikh and Harsh Parikh are mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹7.00 Cr
Charges Breakdown by Lending Institutions
- Oriental Bank Of Commerce : 7.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Dec 2014 | Oriental Bank Of Commerce | ₹7.00 Cr | Satisfied |
How Many Employees Work at Merit Industries?
Merit Industries has a workforce of 12 employees as of Apr 01, 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 Industries, 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 Industries'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.
Latest Updates, News, and FAQs on Merit Industries
Recent activity within the organization
- Annual General Meeting
Merit Industries Limited last Annual general meeting of members was held on 25 Sep 2017 as per latest MCA records.
- Balance Sheet
Merit Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Coimbatore.
- Charges
A charge registered on 22 Dec 2014 via Charge ID 10547801 with Oriental Bank Of Commerce was fully satisfied on 21 Feb 2017.
- Director Appointment
Srinivasan Ramalingam was appointed as a Director was appointed as a Director on 21 Mar 2016 & has been associated with this company since 9 years 1 month .
- Charges
A charge with Oriental Bank Of Commerce of Rs. 7.00 Cr registered on 22 Dec 2014 with Charge ID 10547801 was modified on 02 Dec 2015.
- Charges
A charge with Oriental Bank Of Commerce amounted to Rs. 7.00 Cr with Charge ID 10547801 was registered on 22 Dec 2014.
Frequently asked questions
What is the Incorporation or founding date of Merit Industries Limited?
Merit Industries Limited was incorporated on 28 Oct 1996.
What is authorized share capital and paid-up capital of Merit Industries Limited?
The authorized share capital of Merit Industries Limited is ₹ 7.75 Cr and paid-up capital is ₹ 7.00 Cr.
Who are the current board members & directors of Merit Industries Limited?
Currently 5 directors are associated with Merit Industries Limited.
- Prithviraj Somchand Parikh
- Harsh Prithviraj Parikh
- Ackanaickenpalayam Venkataswamy Palaniswamy
- Muthusamy Loganathan
- Srinivasan Ramalingam
What is the registered address of Merit Industries Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Merit Industries Limited is No 26 Damu Nagar India, Coimbatore, Tamil Nadu, 641045.
What is the corporate identification number (CIN) and company number of Merit Industries Limited?
The corporate identification number (CIN) of Merit Industries Limited is U17111TZ1996PLC007528 and the company number is 007528 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Merit Industries Limited?
According to the financial reports for the fiscal year 2017, the revenue trend for Merit Industries Limited has risen by 24.08%.
How many employees does Merit Industries Limited currently have?
As Per 2017 financial reports, 12 employees are currently employed by Merit Industries Limited.
What change has been observed in the net worth of Merit Industries Limited, and by what percentage?
The financial reports for the fiscal year 2017 indicates that The net worth of Merit Industries Limited has experienced an upsurge of 5.40%.
When was the last Balance Sheet of Merit Industries Limited filed with the ROC?
The most recent Balance Sheet for Merit Industries Limited was filed with the ROC on 31 Mar 2017.
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