Merit Investment Ltd
Provides financial and related services since 1977, headquartered in Kolkata, West Bengal.
1977 | Kolkata', West Bengal (India) | Active
Merit Investment Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 2.00 M
- Company Age 47 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 11.50 Cr
- Revenue Growth 304.39%
- Profit Growth 162.30%
- Ebitda -718.56%
- Net Worth 0.07%
- Total Assets -0.52%
About Merit Investment
Merit Investment Ltd (MIL) is a Public Limited Indian Non-Government Company incorporated in India on 17 October 1977 and has a history of 47 years and seven months. Its registered office is in Kolkata', West Bengal, India.
The Company is engaged in the Financial Services 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 2.50 M and a paid-up capital of Rs 2.00 M.
The company has closed loans amounting to ₹11.50 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Merit Investment Ltd India is Puja Pareek as COMPANY SECRETARY. Jaiprakash Dwivedi, Mayank Dugar, and Sushila Dugar serve as directors at the Company.
Company Details
- Location
Kolkata', West Bengal, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L65993WB1977PLC031201
- Company No.
031201
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
17 Oct 1977
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Kolkata
Industry
Financial Services
Merit Investment Ltd
Explore comprehensive data for Merit Investment Ltd, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Merit Investment?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Puja Pareek | Company Secretary | 01-Nov-2022 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jaiprakash Dwivedi  | Director | 24-Dec-2014 | Current |
| Mayank Dugar | Director | 24-Dec-2014 | Current |
| Sushila Dugar | Director | 27-Jun-2015 | Current |
Financial Performance of Merit Investment.
Merit Investment Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 304.39% increase. The company also saw a substantial improvement in profitability, with a 162.3% increase in profit. The company's net worth moved up by a moderate rise of 0.07%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Merit Investment?
In 2023, Merit Investment had a promoter holding of 69.15% and a public holding of 30.85%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Darshanlal Exports Limited
Jaiprakash Dwivedi is a mutual person
- Kusum Marketing Ltd
Jaiprakash Dwivedi is a mutual person
- Kusum Ltd.
Mayank Dugar is a mutual person
- Singur Agro Industries Private Limited
Mayank Dugar is a mutual person
- Kanak Packaging Products Pvt Ltd
Mayank Dugar is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹115.00 M
Charges Breakdown by Lending Institutions
- Canara Bank : 11.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Sep 2011 | Canara Bank | ₹11.50 Cr | Satisfied |
How Many Employees Work at Merit Investment?
Merit Investment has a workforce of 0 employees as of Apr 03, 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 Investment, 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 Investment'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 Investment
Recent activity within the organization
- Annual General Meeting
Merit Investment Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Merit Investment Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.
- Director Appointment
Puja Pareek was appointed as a Company Secretary was appointed as a Company Secretary on 01 Nov 2022 & has been associated with this company since 2 years 6 months .
- Charges
A charge registered on 12 Sep 2011 via Charge ID 10311702 with Canara Bank was fully satisfied on 04 Feb 2020.
- Director Appointment
Sushila Dugar was appointed as a Director was appointed as a Director on 27 Jun 2015 & has been associated with this company since 9 years 10 months .
- Director Appointment
Jaiprakash Narayan Dwivedi was appointed as a Director was appointed as a Director on 24 Dec 2014 & has been associated with this company since 10 years 5 months .
Frequently asked questions
What is the Incorporation or founding date of Merit Investment Ltd?
Merit Investment Ltd was incorporated on 17 Oct 1977.
What is authorized share capital and paid-up capital of Merit Investment Ltd?
The authorized share capital of Merit Investment Ltd is ₹ 2.50 M and paid-up capital is ₹ 2.00 M.
Who are the current board members & directors of Merit Investment Ltd?
Currently 4 directors are associated with Merit Investment Ltd.
- Jaiprakash Narayan Dwivedi
- Mayank Dugar
- Sushila Dugar
- Puja Pareek
What is the registered address of Merit Investment Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Merit Investment Ltd is Merit Investment Limited41 Chowringhee Road P S Park Street, Kolkata', West Bengal, India, 700071.
What is the corporate identification number (CIN) and company number of Merit Investment Ltd?
The corporate identification number (CIN) of Merit Investment Ltd is L65993WB1977PLC031201 and the company number is 031201 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Merit Investment Ltd?
According to the financial reports for the fiscal year 2023, the revenue trend for Merit Investment Ltd has risen by 304.39%.
What change has been observed in the net worth of Merit Investment Ltd, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Merit Investment Ltd has experienced an upsurge of 0.07%.
When was the last Balance Sheet of Merit Investment Ltd filed with the ROC?
The most recent Balance Sheet for Merit Investment Ltd was filed with the ROC on 31 Mar 2023.
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