Merit Sales Private Limited

Investment company established in 2010 with registered office in Gujarat.

2010 | Vadodara, Gujarat (India) | Merged
Last Updated: January 16, 2025

Merit Sales Profile

Key Indicators

  • Authorised Capital ₹ 0.25 M
  • Paid Up Capital ₹ 0.25 M
  • Company Age 14 Year, 2 Months
  • Last Filing with ROC 31 Mar 2022
  • Revenue Growth -83.33%
  • Profit Growth -300.00%
  • Ebitda -116.00%
  • Net Worth -0.17%
  • Total Assets 0.01%

About Merit Sales

Merit Sales Private Limited (MSPL) is Amalgamated company established on 19 Nov 2010 with its office registered at Vadodara, Gujarat, India and has been running since 14 Year, 2 Months with a paid up capital of 0.25 M. According to MCA records, 2 Directors are linked to this company as of 16 Jan 2025.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51909GJ2010PTC084553

  • Company No.

    084553

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Nov 2010

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Financial Services

Who are the key members and board of directors at Merit Sales?

Board Members (2)

Name Designation Appointment Date Status
Sanjay Chhotalal Country flag representing In Director 01-Oct-2013 Current
Bindiya Shah Country flag representing In Director 01-Oct-2013 Current

Financial Performance of Merit Sales.

Merit Sales Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 83.33% decrease. The company also saw a substantial fall in profitability, with a 300% decrease in profit. The company's net worth dipped by a decrease of 0.17%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-83.33%
Revenue from Operations
Total Assets
0.01%
Profit or Loss
-300.00%
Net Worth
-0.17%
EBITDA
-116.00%

What is the Ownership and Shareholding Structure of Merit Sales?

In 2022, Merit Sales had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Merit Sales?

Unlock and access historical data on people associated with Merit Sales, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Merit Sales, 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 Sales's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Sales

Recent activity within the organization

  • Annual General Meeting

    Merit Sales Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Balance Sheet

    Merit Sales Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Ahmedabad.

    31 Mar 2022

  • Director Appointment

    Sanjay Shah Chhotalal was appointed as a Director was appointed as a Director on 01 Oct 2013 & has been associated with this company since 11 years 4 months .

    01 Oct 2013

  • Director Appointment

    Bindiya Sanjay Kumar Shah was appointed as a Director was appointed as a Director on 01 Oct 2013 & has been associated with this company since 11 years 4 months .

    01 Oct 2013

  • Company Incorporation

    Merit Sales Private Limited was registered on 19 Nov 2010 with Roc Ahmedabad & aged 14 years 2 months as per MCA records.

    19 Nov 2010

Frequently asked questions

  • Merit Sales Private Limited was incorporated on 19 Nov 2010.

  • The authorized share capital of Merit Sales Private Limited is ₹ 0.25 M and paid-up capital is ₹ 0.25 M.

  • Currently 2 directors are associated with Merit Sales Private Limited.

    • Sanjay Shah Chhotalal
    • Bindiya Sanjay Kumar Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Merit Sales Private Limited is 11/C Jaishri Narayan Co-Op. Housing Soc Vidhya Vihar School Lane, Off: High Tens Ion Road India, Subhanpura, Gujarat, 390023.

  • The corporate identification number (CIN) of Merit Sales Private Limited is U51909GJ2010PTC084553 and the company number is 084553 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Merit Sales Private Limited has fallen by -83.33%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Merit Sales Private Limited has experienced an downturn of -0.17%.

  • The most recent Balance Sheet for Merit Sales Private Limited was filed with the ROC on 31 Mar 2022.

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