Merits Capital Market Services Private Limited

Provides stock and derivatives trading services on NSE through registered members.

2005 | Delhi (India) | Active
Last Updated:

Merits Capital Market Services Profile

Key Indicators

  • Authorised Capital ₹ 2.20 Cr
  • Paid Up Capital ₹ 2.16 Cr
  • Company Age 19 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 147.35%
  • Profit Growth 336.05%
  • Ebitda 145.55%
  • Net Worth 13.53%
  • Total Assets -34.81%

About Merits Capital Market Services

Merits Capital Market Services Private Limited (MCMSPL) is a Private Limited Indian Non-Government Company incorporated in India on 10 May 2005 and has a history of 19 years and nine months. Its registered office is in Delhi, India.

The Company is engaged in the Financial Services 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 2.20 Cr and a paid-up capital of Rs 2.16 Cr, as per Ministry of Corporate Affairs (MCA) records.

Gagandeep Banga and Dilmeet Banga serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999DL2005PTC136043

  • Company No.

    136043

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 May 2005

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Financial Services

What products or services does Merits Capital Market Services Private Limited offer?

Merits Capital Market Services Private Limited offers a wide range of products and services, including Stock Trading/Money Market, Commodities Trading Service, Share Trading Services.

Who are the key members and board of directors at Merits Capital Market Services?

Executive Team (1)

NameDesignationAppointment DateStatus
Gagandeep Banga Country flag representing In Managing Director10-May-2005Current

Board Members (1)

NameDesignationAppointment DateStatus
Dilmeet Banga Country flag representing In Director 10-May-2005Current

Financial Performance of Merits Capital Market Services.

Merits Capital Market Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 147.35% increase. The company also saw a substantial improvement in profitability, with a 336.05% increase in profit. The company's net worth Soared by an impressive increase of 13.53%.

Merits Capital Market Services revenue growth over time
Merits Capital Market Services 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
147.35%
Revenue from Operations
149.05%
Total Assets
-34.81%
Profit or Loss
336.05%
Net Worth
13.53%
EBITDA
145.55%

What is the Ownership and Shareholding Structure of Merits Capital Market Services?

In 2023, Merits Capital Market Services had a promoter holding of 97.78% and a public holding of 2.22%. 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 Merits Capital Market Services?

Merits Capital Market Services has a workforce of 3 employees as of Apr 10, 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.

Employee growth trends for Merits Capital Market Services Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Merits Capital Market 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 Merits Capital Market 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 Merits Capital Market Services

Recent activity within the organization

  • Annual General Meeting

    Merits Capital Market Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Merits Capital Market Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

  • Director Appointment

    Gagandeep Singh Banga was appointed as a Managing Director was appointed as a Managing Director on 10 May 2005 & has been associated with this company since 19 years 9 months .

  • Director Appointment

    Dilmeet Singh Banga was appointed as a Director was appointed as a Director on 10 May 2005 & has been associated with this company since 19 years 9 months .

  • Company Incorporation

    Merits Capital Market Services Private Limited was registered on 10 May 2005 with Roc Delhi & aged 19 years 9 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Merits Capital Market Services Private Limited?

    Merits Capital Market Services Private Limited was incorporated on 10 May 2005.

  • What is authorized share capital and paid-up capital of Merits Capital Market Services Private Limited?

    The authorized share capital of Merits Capital Market Services Private Limited is ₹ 2.20 Cr and paid-up capital is ₹ 2.16 Cr.

  • Who are the current board members & directors of Merits Capital Market Services Private Limited?

    Currently 2 directors are associated with Merits Capital Market Services Private Limited.

    • Gagandeep Singh Banga
    • Dilmeet Singh Banga

  • What is the registered address of Merits Capital Market Services Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Merits Capital Market Services Private Limited is 65 Old Rajinder Nagar Market, India, New Delhi, 110060.

  • What is the corporate identification number (CIN) and company number of Merits Capital Market Services Private Limited?

    The corporate identification number (CIN) of Merits Capital Market Services Private Limited is U74999DL2005PTC136043 and the company number is 136043 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Merits Capital Market Services Private Limited?

    The Official website of Merits Capital Market Services Private Limited is https://www.merits.in

  • What has been the recent revenue trend for Merits Capital Market Services Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Merits Capital Market Services Private Limited has risen by 147.35%.

  • How many employees does Merits Capital Market Services Private Limited currently have?

    As Per 2023 financial reports, 3 employees are currently employed by Merits Capital Market Services Private Limited.

  • What change has been observed in the net worth of Merits Capital Market Services Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Merits Capital Market Services Private Limited has experienced an upsurge of 13.53%.

  • When was the last Balance Sheet of Merits Capital Market Services Private Limited filed with the ROC?

    The most recent Balance Sheet for Merits Capital Market Services Private Limited was filed with the ROC on 31 Mar 2024.

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