Merito Appliances (India) Private Limited
Founded in 1998 and headquartered in Gujarat, India.
1998 | Mehsana, Gujarat (India) | Active
Merito Appliances (India) Profile
Key Indicators
- Authorised Capital ₹ 2.00 M
- Paid Up Capital ₹ 0.10 M
- Company Age 26 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 8.50 M
- Revenue Growth 3.39%
- Profit Growth -53.05%
- Ebitda -18.95%
- Net Worth 38.21%
- Total Assets 10.53%
About Merito Appliances (India)
Merito Appliances (India) Private Limited (MAIPL) is a Private Limited Indian Non-Government Company incorporated in India on 19 November 1998 and has a history of 26 years and three months. Its registered office is in Mehsana, Gujarat.
The Company is engaged in the Electrical 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 2.00 M and a paid-up capital of Rs 0.10 M.
The company has closed loans amounting to ₹8.50 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Barkatali Prasla and Nizarali Prasla serve as directors at the Company.
Company Details
- Location Mehsana, Gujarat
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U29309GJ1998PTC034999
- Company No.
034999
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
19 Nov 1998
- Date of AGM
27 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Electrical
Musical Instruments
Who are the key members and board of directors at Merito Appliances (India)?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Barkatali Prasla  | Director | 19-Nov-1998 | Current |
| Nizarali Prasla | Director | 19-Nov-1998 | Current |
Financial Performance of Merito Appliances (India).
Merito Appliances (India) Private Limited, for the financial year ended 2017, experienced modest growth in revenue, with a 3.39% increase. The company also saw a substantial fall in profitability, with a 53.05% decrease in profit. The company's net worth Soared by an impressive increase of 38.21%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Merito Appliances (India)?
In 2017, Merito Appliances (India) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Biostrum Nutritech Private LimitedBarkatali Prasla is a mutual person
- Greenergy Bio Power Private Limited
Barkatali Prasla is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹8.50 M
Charges Breakdown by Lending Institutions
- Development Credit Bank Limited : 0.50 Cr
- Sarvodaya Commercial Co.-Operative Bank Limited : 0.35 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Jan 2009 | Sarvodaya Commercial Co.-Operative Bank Limited | ₹3.50 M | Satisfied |
| 22 Jul 2006 | Development Credit Bank Limited | ₹5.00 M | Satisfied |
How Many Employees Work at Merito Appliances (India)?
Unlock and access historical data on people associated with Merito Appliances (India), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Merito Appliances (India), 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 Merito Appliances (India)'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
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 Merito Appliances (India)
Recent activity within the organization
- Annual General Meeting
Merito Appliances (India) Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.
- Balance Sheet
Merito Appliances (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Charges
A charge registered on 30 Jan 2009 via Charge ID 10148669 with Sarvodaya Commercial Co.-Operative Bank Limited was fully satisfied on 22 Jul 2020.
- Charges
A charge registered on 22 Jul 2006 via Charge ID 10020010 with Development Credit Bank Limited was fully satisfied on 21 Mar 2009.
- Charges
A charge with Sarvodaya Commercial Co.-Operative Bank Limited amounted to Rs. 3.50 M with Charge ID 10148669 was registered on 30 Jan 2009.
- Charges
A charge with Development Credit Bank Limited amounted to Rs. 5.00 M with Charge ID 10020010 was registered on 22 Jul 2006.
Frequently asked questions
What is the Incorporation or founding date of Merito Appliances (India) Private Limited?
Merito Appliances (India) Private Limited was incorporated on 19 Nov 1998.
What is authorized share capital and paid-up capital of Merito Appliances (India) Private Limited?
The authorized share capital of Merito Appliances (India) Private Limited is ₹ 2.00 M and paid-up capital is ₹ 0.10 M.
Who are the current board members & directors of Merito Appliances (India) Private Limited?
Currently 2 directors are associated with Merito Appliances (India) Private Limited.
- Barkatali Dosan Prasla
- Nizarali Dosanbhai Prasla
What is the registered address of Merito Appliances (India) Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Merito Appliances (India) Private Limited is Plot No 248-249 Phase-Iig I D C India, Mehsana, Gujarat.
What is the corporate identification number (CIN) and company number of Merito Appliances (India) Private Limited?
The corporate identification number (CIN) of Merito Appliances (India) Private Limited is U29309GJ1998PTC034999 and the company number is 034999 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Merito Appliances (India) Private Limited?
According to the financial reports for the fiscal year 2017, the revenue trend for Merito Appliances (India) Private Limited has risen by 3.39%.
What change has been observed in the net worth of Merito Appliances (India) Private Limited, and by what percentage?
The financial reports for the fiscal year 2017 indicates that The net worth of Merito Appliances (India) Private Limited has experienced an upsurge of 38.21%.
When was the last Balance Sheet of Merito Appliances (India) Private Limited filed with the ROC?
The most recent Balance Sheet for Merito Appliances (India) Private Limited was filed with the ROC on 31 Mar 2024.
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