Mermit Developers Private Limited

Founded in 2005 and headquartered in Maharashtra, India.

2005 | Mumbai, Maharashtra (India) | Active
Last Updated: December 26, 2024

Mermit Developers Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 19 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 12.00 Cr
  • Revenue Growth -21.67%
  • Profit Growth -97.48%
  • Ebitda 30.57%
  • Net Worth 0.03%
  • Total Assets 0.77%

About Mermit Developers

Mermit Developers Private Limited (MDPL) is a Private Limited Indian Non-Government Company incorporated in India on 13 June 2005 and has a history of 19 years and eight months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the 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 5.00 M and a paid-up capital of Rs 5.00 M.

The company has closed loans amounting to ₹12.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Seema Mittal, Imran Merchant, Aasim Merchant, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U45200MH2005PTC153935

  • Company No.

    153935

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Jun 2005

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Construction

Who are the key members and board of directors at Mermit Developers?

Board Members (4)

NameDesignationAppointment DateStatus
Seema Mittal Country flag representing In Director 13-Jun-2005Current
Imran Merchant Country flag representing In Director 13-Jun-2005Current
Aasim Merchant Country flag representing In Director 13-Jun-2005Current
Firdaus Merchant Country flag representing In Director 13-Jun-2005Current

Financial Performance of Mermit Developers.

Mermit Developers Private Limited, for the financial year ended 2017, experienced significant reduction in revenue, with a 21.67% decrease. The company also saw a substantial fall in profitability, with a 97.48% decrease in profit. The company's net worth moved up by a moderate rise of 0.03%.

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
-21.67%
Revenue from Operations
Total Assets
0.77%
Profit or Loss
-97.48%
Net Worth
0.03%
EBITDA
30.57%

What is the Ownership and Shareholding Structure of Mermit Developers?

In 2017, Mermit Developers 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)

Open Charges

₹0

Satisfied Charges

₹120.00 M

Charges Breakdown by Lending Institutions

  • Oriental Bank Of Commerce : 12.00 Cr

Latest Charge Details

DateLenderAmountStatus
13 Jul 2007Oriental Bank Of Commerce₹6.00 CrSatisfied
07 Jun 2007Oriental Bank Of Commerce₹6.00 CrSatisfied

How Many Employees Work at Mermit Developers?

Mermit Developers has a workforce of 0 employees as of Apr 08, 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 Mermit Developers, 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 Mermit Developers'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 Mermit Developers

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Mermit Developers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 13 Jul 2007 via Charge ID 10064452 with Oriental Bank Of Commerce was fully satisfied on 06 Mar 2013.

    06 Mar 2013

  • Charges

    A charge registered on 07 Jun 2007 via Charge ID 10060862 with Oriental Bank Of Commerce was fully satisfied on 06 Mar 2013.

    06 Mar 2013

  • Charges

    A charge with Oriental Bank Of Commerce amounted to Rs. 60.00 M with Charge ID 10064452 was registered on 13 Jul 2007.

    13 Jul 2007

  • Charges

    A charge with Oriental Bank Of Commerce amounted to Rs. 60.00 M with Charge ID 10060862 was registered on 07 Jun 2007.

    07 Jun 2007

Frequently asked questions

  • Mermit Developers Private Limited was incorporated on 13 Jun 2005.

  • The authorized share capital of Mermit Developers Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Currently 4 directors are associated with Mermit Developers Private Limited.

    • Seema Sunil Mittal
    • Imran Noorali Merchant
    • Aasim Noorali Merchant
    • Firdaus Noorali Merchant
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mermit Developers Private Limited is 1A Star Mansion66 Wodehouse Road Colaba India, Mumbai, Maharashtra, 400005.

  • The corporate identification number (CIN) of Mermit Developers Private Limited is U45200MH2005PTC153935 and the company number is 153935 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2017, the revenue trend for Mermit Developers Private Limited has fallen by -21.67%.

  • The financial reports for the fiscal year 2017 indicates that The net worth of Mermit Developers Private Limited has experienced an upsurge of 0.03%.

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