Meru Automobiles Profile
Key Indicators
- Authorised Capital ₹ 1.20 Cr
as on 17-11-2024
- Paid Up Capital ₹ 1.20 Cr
as on 17-11-2024
- Company Age 22 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 19.95 Cr
as on 17-11-2024
- Satisfied Charges ₹ 2.18 Cr
as on 17-11-2024
- Revenue 38.83%
(FY 2023)
- Profit 465.75%
(FY 2023)
- Ebitda 51.48%
(FY 2023)
- Net Worth 131.70%
(FY 2023)
- Total Assets -41.50%
(FY 2023)
About Meru Automobiles
The Company is engaged in the Automotive 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 1.20 Cr and a paid-up capital of Rs 1.20 Cr.
The company currently has active open charges totaling ₹19.95 Cr. The company has closed loans amounting to ₹2.18 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vardhamsetty Mohan, Vardhamsetty Ram, and Sai Vardamsetty serve as directors at the Company.
- CIN/LLPIN
U50101TG2002PTC039474
- Company No.
039474
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
20 Aug 2002
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Meru Automobiles?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vardhamsetty Mohan  | Managing Director | 20-Feb-2003 | Current |
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vardhamsetty Ram | Director | 01-Jan-2022 | Current |
| Sai Vardamsetty | Whole-Time Director | 12-Nov-2018 | Current |
Financial Performance of Meru Automobiles.
Meru Automobiles Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 38.83% increase. The company also saw a substantial improvement in profitability, with a 465.75% increase in profit. The company's net worth Soared by an impressive increase of 131.7%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Meru Automobiles?
In 2023, Meru Automobiles had a promoter holding of 67.94% and a public holding of 32.06%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
State Bank Of India Creation Date: 29 Mar 2008 | ₹19.95 Cr | Open |
Others Creation Date: 27 May 2022 | ₹3.00 M | Satisfied |
Sundaram Finance Ltd Creation Date: 30 Jun 2006 | ₹0.92 M | Satisfied |
How Many Employees Work at Meru Automobiles?
Meru Automobiles has a workforce of 57 employees as of Mar 23, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Meru Automobiles, 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 Meru Automobiles's trajectory.
Rating
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
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.
