Merritt Innovative Solutions India Private Limited

Provides engineering services such as reverse engineering, CAD, CAE, and prototype testing for various industries.

2009 | Bangaluru, Karnataka (India) | Active
Last Updated: December 12, 2024

Merritt Innovative Solutions India Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 15 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 36.53%
  • Profit Growth 280.35%
  • Ebitda 63.80%
  • Net Worth 62.04%
  • Total Assets 9.36%

About Merritt Innovative Solutions India

Merritt Innovative Solutions India Private Limited (MISIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 August 2009 and has a history of 15 years and six months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Engineering Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 2.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Chiratahally Mahalingaiah, Anand Vasanth, Surapaneni Kalidas, and One other member serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    merritt.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200KA2009PTC050644

  • Company No.

    050644

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Aug 2009

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Engineering

Who are the key members and board of directors at Merritt Innovative Solutions India?

Executive Team (1)

NameDesignationAppointment DateStatus
Chiratahally Mahalingaiah Country flag representing In Managing Director03-Jan-2023Current

Board Members (3)

NameDesignationAppointment DateStatus
Anand Vasanth Country flag representing In Director 22-Jan-2015Current
Surapaneni Kalidas Country flag representing In Director 22-Jan-2015Current
Ashoka Kariyappa Country flag representing In Director 07-Mar-2015Current

Financial Performance of Merritt Innovative Solutions India.

Merritt Innovative Solutions India Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 36.53% increase. The company also saw a substantial improvement in profitability, with a 280.35% increase in profit. The company's net worth Soared by an impressive increase of 62.04%.

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
36.53%
Revenue from Operations
36.84%
Total Assets
9.36%
Profit or Loss
280.35%
Net Worth
62.04%
EBITDA
63.80%

What is the Ownership and Shareholding Structure of Merritt Innovative Solutions India?

In 2019, Merritt Innovative Solutions India had a promoter holding of 59.75% and a public holding of 40.25%. 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 Merritt Innovative Solutions India?

Merritt Innovative Solutions India has a workforce of 120 employees as of Apr 04, 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 Merritt Innovative Solutions 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 Merritt Innovative Solutions India'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 Merritt Innovative Solutions India

Recent activity within the organization

  • Annual General Meeting

    Merritt Innovative Solutions India Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Merritt Innovative Solutions India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Chiratahally Kumar Mahalingaiah was appointed as a Managing Director was appointed as a Managing Director on 03 Jan 2023 & has been associated with this company since 2 years 1 month .

    03 Jan 2023

  • Director Appointment

    Ashoka Kariyappa was appointed as a Director was appointed as a Director on 07 Mar 2015 & has been associated with this company since 9 years 11 months .

    07 Mar 2015

  • Director Appointment

    Anand Kallannavar Vasanth was appointed as a Director was appointed as a Director on 22 Jan 2015 & has been associated with this company since 10 years 1 month .

    22 Jan 2015

  • Director Appointment

    Surapaneni Kalidas was appointed as a Director was appointed as a Director on 22 Jan 2015 & has been associated with this company since 10 years 1 month .

    22 Jan 2015

Frequently asked questions

  • Merritt Innovative Solutions India Private Limited was incorporated on 13 Aug 2009.

  • The authorized share capital of Merritt Innovative Solutions India Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 2.00 Cr.

  • Currently 4 directors are associated with Merritt Innovative Solutions India Private Limited.

    • Chiratahally Kumar Mahalingaiah
    • Anand Kallannavar Vasanth
    • Surapaneni Kalidas
    • Ashoka Kariyappa
  • As per Ministry of Corporate Affairs (Mca), the registered address of Merritt Innovative Solutions India Private Limited is No. 277 4Th Main Phase Peenya Industrial Area Nalla Kadirenahalli, Yashwanthpur Hobli India, Bangalore, Karnataka, 560058.

  • The corporate identification number (CIN) of Merritt Innovative Solutions India Private Limited is U72200KA2009PTC050644 and the company number is 050644 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Merritt Innovative Solutions India Private Limited is https://www.merritt.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Merritt Innovative Solutions India Private Limited has risen by 36.53%.

  • As Per 2022 financial reports, 120 employees are currently employed by Merritt Innovative Solutions India Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Merritt Innovative Solutions India Private Limited has experienced an upsurge of 62.04%.

  • The most recent Balance Sheet for Merritt Innovative Solutions India Private Limited was filed with the ROC on 31 Mar 2023.