Merit Organics Profile
Key Indicators
- Authorised Capital ₹ 7.25 Cr
- Paid Up Capital ₹ 6.88 Cr
- Company Age 32 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 21.06 Cr
- Satisfied Charges ₹ 9.00 M
- Revenue Growth -17.77%
- Profit Growth -7.25%
- Ebitda -52.17%
- Net Worth 18.24%
- Total Assets 5.94%
About Merit Organics
Merit Organics Limited (MOL) is a leading Public Limited Indian Non-Government Company incorporated in India on 22 May 1992 and has a history of 32 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Pharma 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 7.25 Cr and a paid-up capital of Rs 6.88 Cr.
The company currently has active open charges totaling ₹21.06 Cr. The company has closed loans amounting to ₹9.00 M, as per Ministry of Corporate Affairs (MCA) records.
Vibhu Kejriwal, Purshottam Kejriwal, and Jyoti Kejriwal 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
U51100MH1992PLC066904
- Company No.
066904
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
22 May 1992
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Pharma
Merit Organics Limited
Explore comprehensive data for Merit Organics Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Merit Organics?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Purshottam Kejriwal  | Managing Director | 22-May-1992 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vibhu Kejriwal | Director | 31-Mar-2023 | Current |
| Jyoti Kejriwal | Whole-Time Director | 11-Feb-2019 | Current |
Financial Performance of Merit Organics.
Merit Organics Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 17.77% decrease. The company also saw a slight decrease in profitability, with a 7.25% decrease in profit. The company's net worth Soared by an impressive increase of 18.24%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Merit Organics?
In 2024, Merit Organics had a promoter holding of 97.79% and a public holding of 2.21%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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- Merito Global Llp
Vibhu Kejriwal is a mutual person
- Bahubali Credit & Agencies Pvt. Ltd.
Purshottam Kejriwal is a mutual person
- Hardsoft Power Private Limited
Jyoti Kejriwal is a mutual person
Charges (Loans)
Open Charges
₹21.06 Cr
Satisfied Charges
₹0.90 Cr
Charges Breakdown by Lending Institutions
- Others : 18.88 Cr
- Hdfc Bank Limited : 2.18 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Mar 2024 | Hdfc Bank Limited | ₹8.79 M | Open |
| 25 Sep 2023 | Others | ₹4.00 Cr | Open |
| 26 Mar 2021 | Hdfc Bank Limited | ₹4.99 M | Open |
| 18 Aug 2020 | Hdfc Bank Limited | ₹8.00 M | Open |
| 14 Aug 2019 | Others | ₹2.80 M | Open |
How Many Employees Work at Merit Organics?
Merit Organics has a workforce of 10 employees as of Feb 28, 2025. 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 Organics, 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 Organics'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 Organics
Recent activity within the organization
- Annual General Meeting
Merit Organics Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Merit Organics Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.88 Cr with Charge ID 100922276 was registered on 11 Mar 2024.
- Charges
A charge with Others amounted to Rs. 4.00 Cr with Charge ID 100795175 was registered on 25 Sep 2023.
- Director Appointment
Vibhu Purushottam Kejriwal was appointed as a Director was appointed as a Director on 31 Mar 2023 & has been associated with this company since 2 years 1 month .
- Charges
A charge with Others of Rs. 14.60 Cr registered on 15 Jul 2014 with Charge ID 10513724 was modified on 17 Dec 2021.
Frequently asked questions
What is the Incorporation or founding date of Merit Organics Limited?
Merit Organics Limited was incorporated on 22 May 1992.
What is authorized share capital and paid-up capital of Merit Organics Limited?
The authorized share capital of Merit Organics Limited is ₹ 7.25 Cr and paid-up capital is ₹ 6.88 Cr.
Who are the current board members & directors of Merit Organics Limited?
Currently 3 directors are associated with Merit Organics Limited.
- Vibhu Purushottam Kejriwal
- Purshottam Atmaram Kejriwal
- Jyoti Devi Kejriwal
What is the registered address of Merit Organics Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Merit Organics Limited is Unit 509 Western Edge-1 Off. W.E. Highway Borivali East Cci Compound, India, Mumbai, Maharashtra, 400066.
What is the corporate identification number (CIN) and company number of Merit Organics Limited?
The corporate identification number (CIN) of Merit Organics Limited is U51100MH1992PLC066904 and the company number is 066904 as per Ministry of Corporate Affairs (MCA).
What is the official website of Merit Organics Limited?
The Official website of Merit Organics Limited is https://www.meritorganics.com
What has been the recent revenue trend for Merit Organics Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Merit Organics Limited has fallen by -17.77%.
How many employees does Merit Organics Limited currently have?
As Per 2023 financial reports, 10 employees are currently employed by Merit Organics Limited.
What change has been observed in the net worth of Merit Organics Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Merit Organics Limited has experienced an upsurge of 18.24%.
What are the total open charges for Merit Organics Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Merit Organics Limited amount to ₹ 21.06 Cr.
When was the last Balance Sheet of Merit Organics Limited filed with the ROC?
The most recent Balance Sheet for Merit Organics Limited was filed with the ROC on 31 Mar 2024.
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