Merit Retail Private Limited
Textile and garment trading and allied activities since 2017 in Telangana.
2017 | Karim Nagar, Telangana (India) | Active
Merit Retail Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.50 M
- Company Age 8 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Revenue Growth -6.79%
- Profit Growth -23.14%
- Ebitda -34.80%
- Net Worth 28.01%
- Total Assets -1.72%
About Merit Retail
Merit Retail Private Limited (MRPL) is a Private Limited Indian Non-Government Company incorporated in India on 16 March 2017 (Eight years and two months 5 days old ). Its registered office is in Karim Nagar, Telangana, India.
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 2024. 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.
Gourisetty Nag, Munendar Gourishetty, Gourisetti Sai, and Five other members serve as directors at the Company.
Company Details
- Location
Karim Nagar, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U52609TG2017PTC115941
- Company No.
115941
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
16 Mar 2017
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Fashion and Textile
Home & Lifestyle
Merit Retail Private Limited
Explore comprehensive data for Merit Retail Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
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 |
| Gourisetty Nag | Director | 29-Mar-2023 | Current |
| Munendar Gourishetty | Director | 16-Mar-2017 | Current |
| Gourisetti Sai | Director | 29-Mar-2023 | Current |
| Rakesh Tiruveedhula | Director | 03-Oct-2017 | Current |
| Keshav Tiruveedhula | Director | 03-Oct-2017 | Current |
Financial Performance 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
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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 LimitedAbhinay Potti, Rakesh Tiruveedhula and 2 more are mutual person
- R S Brothers Group C S R Foundation
Abhinay Potti and Keshav Tiruveedhula are mutual person
- R.S.Brothers Jewellers Private Limited
Rakesh Tiruveedhula is a mutual person
- Gvn Softech Private Limited
Gourisetty Nag and Munendar Gourishetty are mutual person
- Siddhi Vinayaka Fashions Llp
Abhinay Potti and Seerna Suresh are mutual person
- P Venkateswarlu Private Limited
Abhinay Potti is a 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
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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 Retail
Recent activity within the organization
- Annual General Meeting
Merit Retail Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Merit Retail Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
- Director Appointment
Gourisetty Varun Nag was appointed as a Director was appointed as a Director on 29 Mar 2023 & has been associated with this company since 2 years 1 month .
- Director Appointment
Gourisetti Arun Sai was appointed as a Director was appointed as a Director on 29 Mar 2023 & has been associated with this company since 2 years 1 month .
- Director Appointment
Rakesh Tiruveedhula was appointed as a Director was appointed as a Director on 03 Oct 2017 & has been associated with this company since 7 years 7 months .
- Director Appointment
Keshav Gupta Tiruveedhula was appointed as a Director was appointed as a Director on 03 Oct 2017 & has been associated with this company since 7 years 7 months .
Frequently asked questions
What is the Incorporation or founding date of Merit Retail Private Limited?
Merit Retail Private Limited was incorporated on 16 Mar 2017.
What is authorized share capital and paid-up capital of Merit Retail Private Limited?
The authorized share capital of Merit Retail Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.
Who are the current board members & directors of Merit Retail Private Limited?
Currently 8 directors are associated with Merit Retail Private Limited.
- Gourisetty Varun Nag
- Munendar Gourishetty
- Gourisetti Arun Sai
- Abhinay Venkata Sai Potti
- Rakesh Tiruveedhula
- Keshav Gupta Tiruveedhula
- Seerna Suresh
- Rachana Sree Potti
What is the registered address of Merit Retail Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Merit Retail Private Limited is No.3-5-39, Annamaneni Hanumamma Complex Osmanpura Opp Government Girlsjr.College India, Karimnagar, Telangana, 505001.
What is the corporate identification number (CIN) and company number of Merit Retail Private Limited?
The corporate identification number (CIN) of Merit Retail Private Limited is U52609TG2017PTC115941 and the company number is 115941 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Merit Retail Private Limited?
According to the financial reports for the fiscal year 2020, the revenue trend for Merit Retail Private Limited has fallen by -6.79%.
How many employees does Merit Retail Private Limited currently have?
As Per 2020 financial reports, 136 employees are currently employed by Merit Retail Private Limited.
What change has been observed in the net worth of Merit Retail Private Limited, and by what percentage?
The financial reports for the fiscal year 2020 indicates that The net worth of Merit Retail Private Limited has experienced an upsurge of 28.01%.
When was the last Balance Sheet of Merit Retail Private Limited filed with the ROC?
The most recent Balance Sheet for Merit Retail Private Limited was filed with the ROC on 31 Mar 2024.
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