Merlin Projects Ltd.

Constructs and sells residential buildings since 1984, based in Kolkata, West Bengal.

1984 | Kolkata, West Bengal (India) | Active
Last Updated: November 16, 2024

Merlin Projects Profile

Key Indicators

  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 7.63 Cr
  • Company Age 40 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 992.13 Cr
  • Satisfied Charges ₹ 826.08 Cr
  • Revenue Growth 126.88%
  • Profit Growth 82.21%
  • Ebitda 657.24%
  • Net Worth 8.70%
  • Total Assets 25.14%

About Merlin Projects

Merlin Projects Ltd. (MPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 11 October 1984 and has a history of 40 years and four months. Its registered office is in Kolkata, West Bengal, India.

The Corporate was formerly known as Merlin Projects Private Ltd. The Company is engaged in the Real Estate And Construction 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 12.00 Cr and a paid-up capital of Rs 7.63 Cr.

The company currently has active open charges totaling ₹992.13 Cr. The company has closed loans amounting to ₹826.08 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Merlin Projects Ltd. India is Rajib Das as COMPANY SECRETARY. Dilip Choudhary, Khusboo Sethia, Charulata Kabra, and Two other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U70109WB1984PLC038040

  • Company No.

    038040

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    11 Oct 1984

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Real Estate and Construction

What products or services does Merlin Projects Ltd. offer?

Merlin Projects Ltd. offers a wide range of products and services, including Building & Real Estate Developers, Construction Service.

Who are the key members and board of directors at Merlin Projects?

Executive Team (2)

NameDesignationAppointment DateStatus
Rajib Das Country flag representing In Company Secretary16-Apr-2018Current
Sushil Mohta Country flag representing In Managing Director29-Dec-1986Current

Board Members (4)

NameDesignationAppointment DateStatus
Dilip Choudhary Country flag representing In Director 02-Mar-2012Current
Khusboo Sethia Country flag representing In Director 15-May-2023Current
Charulata Kabra Country flag representing In Director 31-Mar-2022Current
Dinesh Sanghvi Country flag representing In Director 06-Feb-2006Current

Financial Performance of Merlin Projects.

Merlin Projects Ltd., for the financial year ended 2023, experienced significant growth in revenue, with a 126.88% increase. The company also saw a substantial improvement in profitability, with a 82.21% increase in profit. The company's net worth moved up by a moderate rise of 8.7%.

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
126.88%
Revenue from Operations
200.31%
Total Assets
25.14%
Profit or Loss
82.21%
Net Worth
8.70%
EBITDA
657.24%

What is the Ownership and Shareholding Structure of Merlin Projects?

In 2023, Merlin Projects had a promoter holding of 64.50% and a public holding of 35.50%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹992.13 Cr

Satisfied Charges

₹826.08 Cr

Charges Breakdown by Lending Institutions

  • Others : 497.88 Cr
  • Tata Capital Housing Finance Limited : 240.00 Cr
  • Hdfc Bank Limited : 201.45 Cr
  • Axis Bank Limited : 52.80 Cr

Latest Charge Details

DateLenderAmountStatus
15 Jul 2024Others₹11.80 CrOpen
11 Jul 2024Others₹50.00 CrOpen
21 Jun 2024Axis Bank Limited₹2.80 CrOpen
18 Sep 2023Axis Bank Limited₹50.00 CrOpen
29 May 2023Others₹20.00 CrOpen

How Many Employees Work at Merlin Projects?

Merlin Projects has a workforce of 316 employees as of Apr 17, 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 Merlin Projects, 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 Merlin Projects'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 Merlin Projects

Recent activity within the organization

  • Annual General Meeting

    Merlin Projects Ltd. last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Others of Rs. 11.80 Cr registered on 15 Jul 2024 with Charge ID 100947123 was modified on 25 Sep 2024.

    25 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 11.80 Cr with Charge ID 100947123 was registered on 15 Jul 2024.

    15 Jul 2024

  • Charges

    A charge with Others amounted to Rs. 50.00 Cr with Charge ID 100959578 was registered on 11 Jul 2024.

    11 Jul 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 2.80 Cr with Charge ID 100940230 was registered on 21 Jun 2024.

    21 Jun 2024

  • Charges

    A charge registered on 05 Jun 2020 via Charge ID 100344981 with State Bank Of India was fully satisfied on 17 May 2024.

    17 May 2024

Frequently asked questions

  • Merlin Projects Ltd. was incorporated on 11 Oct 1984.

  • The authorized share capital of Merlin Projects Ltd. is ₹ 12.00 Cr and paid-up capital is ₹ 7.63 Cr.

  • Currently 6 directors are associated with Merlin Projects Ltd..

    • Dilip Kumar Choudhary
    • Khusboo Sethia
    • Charulata Kabra
    • Rajib Kumar Das
    • Sushil Kumar Mohta
    • Dinesh G Sanghvi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Merlin Projects Ltd. is Merlin Oxford 2Nd Floor 22, Prince Anwar Shah Road India, Kolkata, West Bengal, 700033.

  • The corporate identification number (CIN) of Merlin Projects Ltd. is U70109WB1984PLC038040 and the company number is 038040 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Merlin Projects Ltd. is https://www.merlinprojects.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Merlin Projects Ltd. has risen by 126.88%.

  • As Per 2023 financial reports, 316 employees are currently employed by Merlin Projects Ltd..

  • The financial reports for the fiscal year 2023 indicates that The net worth of Merlin Projects Ltd. has experienced an upsurge of 8.70%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Merlin Projects Ltd. amount to ₹ 992.13 Cr.

  • The most recent Balance Sheet for Merlin Projects Ltd. was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Real Estate Builders & Developers