Merit Software Services Private Limited

Provides software services such as coding, marketing OPS, automotive research, and business intelligence.

2004 | Chennai, Tamil Nadu (India) | Active
Last Updated: July 17, 2024

Merit Software Services Profile

Key Indicators

  • Authorised Capital ₹ 4.01 Cr
  • Paid Up Capital ₹ 0.40 M
  • Company Age 20 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 53.50 Cr
  • Revenue Growth -2.16%
  • Profit Growth -5.70%
  • Ebitda -89.11%
  • Net Worth 8.02%
  • Total Assets -6.68%

About Merit Software Services

Merit Software Services Private Limited (MSSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 May 2004 and has a history of 20 years and nine months. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Business Outsourcing 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 4.01 Cr and a paid-up capital of Rs 0.40 M.

The company currently has active open charges totaling ₹53.50 Cr.

Con Conlon and Drooge Ian serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    meritgroup.co.uk

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200TN2004PTC053232

  • Company No.

    053232

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 May 2004

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Business Outsourcing

What products or services does Merit Software Services Private Limited offer?

Merit Software Services Private Limited offers a wide range of products and services, including Business Planning and Management, Business Consultant, BPO Services, Turnkey Consultants & Solutions, Project Consultants, Product Development Consultants, IT, Networking & Automation Solution, IT Solutions, Data Entry & Data Processing Service, Data Management.

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

Board Members (2)

Name Designation Appointment Date Status
Con Conlon Country flag representing Ie Director 12-May-2004 Current
Drooge Ian Country flag representing In Director 25-Aug-2016 Current

Financial Performance of Merit Software Services.

Merit Software Services Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 2.16% decrease. The company also saw a slight decrease in profitability, with a 5.7% decrease in profit. The company's net worth moved up by a moderate rise of 8.02%.

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
-2.16%
Revenue from Operations
Total Assets
-6.68%
Profit or Loss
-5.70%
Net Worth
8.02%
EBITDA
-89.11%

What is the Ownership and Shareholding Structure of Merit Software Services?

In 2023, Merit Software Services had a promoter holding of 99.98% and a public holding of 0.02%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹53.50 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 53.50 Cr

Latest Charge Details

Date Lender Amount Status
29 Jul 2020 Others ₹1.50 Cr Open
14 Dec 2017 Others ₹26.00 Cr Open
05 Dec 2017 Others ₹26.00 Cr Open

How Many Employees Work at Merit Software Services?

Merit Software Services has a workforce of 1 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Merit Software Services, 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 Software Services'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 Software Services

Recent activity within the organization

  • Annual General Meeting

    Merit Software Services Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Merit Software Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 1.50 Cr registered on 29 Jul 2020 with Charge ID 100367440 was modified on 19 Oct 2020.

    19 Oct 2020

  • Charges

    A charge with Others amounted to Rs. 1.50 Cr with Charge ID 100367440 was registered on 29 Jul 2020.

    29 Jul 2020

  • Charges

    A charge with Others of Rs. 26.00 Cr registered on 14 Dec 2017 with Charge ID 100153556 was modified on 19 Feb 2019.

    19 Feb 2019

  • Charges

    A charge with Others of Rs. 26.00 Cr registered on 05 Dec 2017 with Charge ID 100138997 was modified on 28 Dec 2018.

    28 Dec 2018

Frequently asked questions

  • Merit Software Services Private Limited was incorporated on 12 May 2004.

  • The authorized share capital of Merit Software Services Private Limited is ₹ 4.01 Cr and paid-up capital is ₹ 0.40 M.

  • Currently 2 directors are associated with Merit Software Services Private Limited.

    • Con Anthony Conlon
    • Drooge Ronald Ian
  • As per Ministry of Corporate Affairs (Mca), the registered address of Merit Software Services Private Limited is Sp 52 3Rd Street Ambattur Industrial Estate, Chennai, Tamil Nadu, India, 600058.

  • The corporate identification number (CIN) of Merit Software Services Private Limited is U72200TN2004PTC053232 and the company number is 053232 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Merit Software Services Private Limited is https://www.meritgroup.co.uk

  • According to the financial reports for the fiscal year 2023, the revenue trend for Merit Software Services Private Limited has fallen by -2.16%.

  • As Per 2023 financial reports, 1 employees are currently employed by Merit Software Services Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Merit Software Services Private Limited has experienced an upsurge of 8.02%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Merit Software Services Private Limited amount to ₹ 53.50 Cr.

  • The most recent Balance Sheet for Merit Software Services Private Limited was filed with the ROC on 31 Mar 2023.

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