Merits Comtrade Private Limited

Provides financial intermediary services since 2010 with offices in New Delhi.

2010 | Delhi (India) | Active
Last Updated: December 16, 2024

Merits Comtrade Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 0.90 M
  • Company Age 14 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 27458.11%
  • Profit Growth 446.00%
  • Ebitda -18.68%
  • Net Worth 27.28%
  • Total Assets 32.29%

About Merits Comtrade

Merits Comtrade Private Limited (MCPL) is a Private Limited Indian Non-Government Company incorporated in India on 20 May 2010 and has a history of 14 years and nine months. Its registered office is in Delhi, India.

The Corporate was formerly known as Merits Comex Private Limited. 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 5.00 M and a paid-up capital of Rs 0.90 M, 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

    U74999DL2010PTC202988

  • Company No.

    202988

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 May 2010

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Financial Services

Who are the key members and board of directors at Merits Comtrade?

Board Members (2)

NameDesignationAppointment DateStatus
Gagandeep Banga Country flag representing In Director 20-May-2010Current
Dilmeet Banga Country flag representing In Director 20-May-2010Current

Financial Performance of Merits Comtrade.

Merits Comtrade Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 27458.11% increase. The company also saw a substantial improvement in profitability, with a 446% increase in profit. The company's net worth Soared by an impressive increase of 27.28%.

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
27458.11%
Revenue from Operations
Total Assets
32.29%
Profit or Loss
446.00%
Net Worth
27.28%
EBITDA
-18.68%

What is the Ownership and Shareholding Structure of Merits Comtrade?

In 2021, Merits Comtrade 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 Merits Comtrade?

Unlock and access historical data on people associated with Merits Comtrade, 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 Merits Comtrade, 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 Comtrade'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 Comtrade

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Director Appointment

    Gagandeep Singh Banga was appointed as a Director was appointed as a Director on 20 May 2010 & has been associated with this company since 14 years 9 months .

    20 May 2010

  • Director Appointment

    Dilmeet Singh Banga was appointed as a Director was appointed as a Director on 20 May 2010 & has been associated with this company since 14 years 9 months .

    20 May 2010

  • Company Incorporation

    Merits Comtrade Private Limited was registered on 20 May 2010 with Roc Delhi & aged 14 years 9 months as per MCA records.

    20 May 2010

Frequently asked questions

  • Merits Comtrade Private Limited was incorporated on 20 May 2010.

  • The authorized share capital of Merits Comtrade Private Limited is ₹ 5.00 M and paid-up capital is ₹ 0.90 M.

  • Currently 2 directors are associated with Merits Comtrade Private Limited.

    • Gagandeep Singh Banga
    • Dilmeet Singh Banga
  • As per Ministry of Corporate Affairs (Mca), the registered address of Merits Comtrade Private Limited is 65, Old Rajinder Nagar Market India, New Delhi, 110060.

  • The corporate identification number (CIN) of Merits Comtrade Private Limited is U74999DL2010PTC202988 and the company number is 202988 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Merits Comtrade Private Limited has risen by 27458.11%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Merits Comtrade Private Limited has experienced an upsurge of 27.28%.

  • The most recent Balance Sheet for Merits Comtrade Private Limited was filed with the ROC on 31 Mar 2024.