Merit Industries Profile
Key Indicators
- Authorised Capital ₹ 7.75 Cr
- Paid Up Capital ₹ 7.00 Cr
- Company Age 28 Year, 3 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
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
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.
Related Corporates (Common Directorship)
Rmm Engineering Products Private LimitedMuthusamy Loganathan is a mutual person
Rmm Technologies Private LimitedMuthusamy Loganathan is a mutual person
Precicraft Vaccum Pumps Private LimitedSrinivasan Ramalingam is a mutual person
National Fittings LimitedAckanaickenpalayam Palaniswamy is a mutual person
R And A Foods Private LimitedPrithviraj Parikh and Harsh Parikh are mutual person
- Aspher Foods Private Limited
Prithviraj Parikh and Harsh Parikh are mutual person
Charges (Loans)
₹0
₹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.
