Merit Polymers Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 5.00 Cr
- Company Age 3 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 34.40 Cr
- Revenue Growth 39.62%
- Profit Growth -21.63%
- Ebitda -31.28%
- Net Worth 46.47%
- Total Assets 29.33%
About Merit Polymers
Merit Polymers Private Limited (MPPL) is a Private Limited Indian Non-Government Company incorporated in India on 02 March 2021 (Three years and 11 months 10 days old ). Its registered office is in Daman, Daman & Diu, India.
The Company is engaged in the Manufacturing 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 5.00 Cr and a paid-up capital of Rs 5.00 Cr.
The company currently has active open charges totaling ₹34.40 Cr.
Bharat Kothari, Mitesh Kothari, Mitali Kothari, and Two other members serve as directors at the Company.
Company Details
-
Location
Daman, Daman & Diu, India
-
Telephone
+91-XXXXXXXXXX
-
Email Address
-
Website
-
Social Media-
Corporate Identity Details
-
CIN/LLPIN
U25209DD2021PTC009885
-
Company No.
009885
-
Company Classification
Private Limited Indian Non-Government Company
-
Incorporation Date
02 Mar 2021
-
Date of AGM
30 Sep 2024
-
Date of Balance Sheet
31 Mar 2024
-
Listing Status
Unlisted
-
ROC Code
Roc Goa
Industry
Who are the key members and board of directors at Merit Polymers?
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Bharat Kothari
|
Whole-Time Director | 02-Mar-2021 | Current |
|
Mitesh Kothari
|
Whole-Time Director | 02-Mar-2021 | Current |
|
Mitali Kothari
|
Whole-Time Director | 02-Mar-2021 | Current |
|
Minal Soni
|
Whole-Time Director | 02-Mar-2021 | Current |
|
Pratibha Kothari
|
Whole-Time Director | 02-Mar-2021 | Current |
Financial Performance of Merit Polymers.
Merit Polymers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 39.62% increase. The company also saw a substantial fall in profitability, with a 21.63% decrease in profit. The company's net worth Soared by an impressive increase of 46.47%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
|
(FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
|
||||||
| Revenue from Operations |
|
||||||
| Total Assets |
|
||||||
| Profit or Loss |
|
||||||
| Net Worth |
|
||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Merit Polymers?
In 2023, Merit Polymers had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹34.40 Cr
₹0
Charges Breakdown by Lending Institutions
- Others : 34.40 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Dec 2021 | Others | ₹34.40 Cr | Open |
How Many Employees Work at Merit Polymers?
Merit Polymers has a workforce of 268 employees as of Apr 06, 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 Polymers, 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 Polymers'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.