Merit Organics Profile
Key Indicators
- Authorised Capital ₹ 7.25 Cr
- Paid Up Capital ₹ 6.88 Cr
- Company Age 32 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 21.06 Cr
- Satisfied Charges ₹ 9.00 M
- Revenue Growth 39.44%
- Profit Growth 25.68%
- Ebitda 23.74%
- Net Worth 24.48%
- Total Assets 5.00%
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 nine 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.
Purshottam Kejriwal, Jyoti Kejriwal, and Vibhu 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
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 |
|---|---|---|---|
| Jyoti Kejriwal | Whole-Time Director | 11-Feb-2019 | Current |
| Vibhu Kejriwal | Director | 31-Mar-2023 | Current |
Financial Performance of Merit Organics.
Merit Organics Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 39.44% increase. The company also saw a substantial improvement in profitability, with a 25.68% increase in profit. The company's net worth Soared by an impressive increase of 24.48%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Merit Organics?
In 2021, Merit Organics had a promoter holding of 94.16% and a public holding of 5.85%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Merit Healthcare Private LimitedVibhu Kejriwal is a mutual person
Pentokey Organy (India) LimitedPurshottam Kejriwal is a mutual person
Bright Light Cine Equipment LlpPurshottam Kejriwal and Vibhu Kejriwal are mutual person
- Bahubali Credit & Agencies Pvt. Ltd.
Purshottam Kejriwal is a mutual person
- Hardsoft Power Private Limited
Jyoti Kejriwal is a mutual person
- Merito Global Llp
Vibhu Kejriwal is a mutual person
Charges (Loans)
₹21.06 Cr
₹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 13 employees as of Apr 08, 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 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.
