Merit Systems Private Limited

Develops software products and offers IT services for various clients.

1995 | Bangaluru, Karnataka (India) | Active
Last Updated: December 23, 2024

Merit Systems Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.68 Cr
  • Company Age 29 Year, 9 Months
  • Last Filing with ROC 31 Mar 2019
  • Revenue Growth 68.61%
  • Profit Growth 137.60%
  • Ebitda 2619.17%
  • Net Worth 1.62%
  • Total Assets 1.01%

About Merit Systems

Merit Systems Private Limited (MSPL) is a Private Limited Indian Non-Government Company incorporated in India on 01 May 1995 and has a history of 29 years and nine months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2019. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 1.68 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kekkar Sripad, Kanchana Karki, and Lakshmi Rao serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    meritsystems.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72100KA1995PTC017720

  • Company No.

    017720

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 May 1995

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

What products or services does Merit Systems Private Limited offer?

Merit Systems Private Limited offers a wide range of products and services, including CCTV Camera, Dome Camera, Infrared Night Vision Camera, IR Bullet Camera, Time Attendance Systems, RFID Time Attendance System, Biometric Attendance System, Security Alarm Systems, Security AlArms, Detectors & Devices, Card Attendance Machine.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Kekkar Sripad Country flag representing In Managing Director01-May-1995Current

Board Members (2)

NameDesignationAppointment DateStatus
Kanchana Karki Country flag representing In Director 01-May-1995Current
Lakshmi Rao Country flag representing In Director 01-May-1995Current

Financial Performance of Merit Systems.

Merit Systems Private Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 68.61% increase. The company also saw a substantial improvement in profitability, with a 137.6% increase in profit. The company's net worth moved up by a moderate rise of 1.62%.

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
68.61%
Revenue from Operations
69.95%
Total Assets
1.01%
Profit or Loss
137.60%
Net Worth
1.62%
EBITDA
2619.17%

What is the Ownership and Shareholding Structure of Merit Systems?

In 2019, Merit Systems had a promoter holding of 100.00%. The company had 1 Subsidiary. 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 Systems?

Unlock and access historical data on people associated with Merit Systems, 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 Systems, 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 Systems'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 Systems

Recent activity within the organization

  • Annual General Meeting

    Merit Systems Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

    30 Sep 2019

  • Balance Sheet

    Merit Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Bangalore.

    31 Mar 2019

  • Director Appointment

    Kekkar Bhat Ramachandra Sripad was appointed as a Managing Director was appointed as a Managing Director on 01 May 1995 & has been associated with this company since 29 years 9 months .

    01 May 1995

  • Director Appointment

    Kanchana Karki was appointed as a Director was appointed as a Director on 01 May 1995 & has been associated with this company since 29 years 9 months .

    01 May 1995

  • Director Appointment

    Lakshmi Gopal Rao was appointed as a Director was appointed as a Director on 01 May 1995 & has been associated with this company since 29 years 9 months .

    01 May 1995

  • Company Incorporation

    Merit Systems Private Limited was registered on 01 May 1995 with Roc Bangalore & aged 29 years 9 months as per MCA records.

    01 May 1995

Frequently asked questions

  • Merit Systems Private Limited was incorporated on 01 May 1995.

  • The authorized share capital of Merit Systems Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.68 Cr.

  • Currently 3 directors are associated with Merit Systems Private Limited.

    • Kekkar Bhat Ramachandra Sripad
    • Kanchana Karki
    • Lakshmi Gopal Rao
  • As per Ministry of Corporate Affairs (Mca), the registered address of Merit Systems Private Limited is 166 18Th Cross Mrcr Extension, Vijayanagar India, Bangalore, Karnataka, 560040.

  • The corporate identification number (CIN) of Merit Systems Private Limited is U72100KA1995PTC017720 and the company number is 017720 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Merit Systems Private Limited is https://www.meritsystems.com

  • According to the financial reports for the fiscal year 2019, the revenue trend for Merit Systems Private Limited has risen by 68.61%.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Merit Systems Private Limited has experienced an upsurge of 1.62%.

  • The most recent Balance Sheet for Merit Systems Private Limited was filed with the ROC on 31 Mar 2019.

People also Viewed

Similar Companies Based on Application Development & Software Solutions