Merit Retail Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
as on 12-07-2024
- Paid Up Capital ₹ 0.50 M
as on 12-07-2024
- Company Age 7 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Revenue -6.79%
(FY 2020)
- Profit -23.14%
(FY 2020)
- Ebitda -34.80%
(FY 2020)
- Net Worth 28.01%
(FY 2020)
- Total Assets -1.72%
(FY 2020)
About Merit Retail
The Company is engaged in the Fashion And Textile 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 0.50 M and a paid-up capital of Rs 0.50 M, as per Ministry of Corporate Affairs (MCA) records.
Abhinay Potti, Rachana Potti, Seerna Suresh, and Five other members serve as directors at the Company.
- CIN/LLPIN
U52609TG2017PTC115941
- Company No.
115941
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
16 Mar 2017
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Company Details
- Location
Karim Nagar, Telangana, India
- Telephone
- Email Address
- Website
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- Social Media-
Who are the key members and board of directors at Merit Retail?
Board Members(8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Abhinay Potti  | Director | 16-Mar-2017 | Current |
| Rachana Potti | Director | 03-Oct-2017 | Current |
| Seerna Suresh | Director | 03-Oct-2017 | Current |
| Keshav Tiruveedhula | Director | 03-Oct-2017 | Current |
| Rakesh Tiruveedhula | Director | 03-Oct-2017 | Current |
| Gourisetti Sai | Director | 29-Mar-2023 | Current |
Financial Performance and Corporate Structure Insights of Merit Retail.
Merit Retail Private Limited, for the financial year ended 2020, experienced Minor drop in revenue, with a 6.79% decrease. The company also saw a substantial fall in profitability, with a 23.14% decrease in profit. The company's net worth Soared by an impressive increase of 28.01%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Merit Retail?
Unlock access to Merit Retail's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
Related Corporates (Common Directorship)
R S Brothers Retail India LimitedActive 16 years 8 monthsAbhinay Potti, Seerna Suresh and 2 more are mutual person
- R S Brothers Group C S R FoundationActive 4 years 3 months
Abhinay Potti and Keshav Tiruveedhula are mutual person
- R.S.Brothers Jewellers Private LimitedActive 16 years 7 months
Rakesh Tiruveedhula is a mutual person
Siddhi Vinayaka Fashions LlpActive 7 years 1 monthAbhinay Potti and Seerna Suresh are mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Merit Retail?
Merit Retail has a workforce of 136 employees as of Apr 09, 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 Retail, 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 Retail'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
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