Pro Merit Technologies Private Limited

IT consultancy and software development services since 2015, based in Chennai.

2015 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Pro Merit Technologies Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 9 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -97.67%
  • Profit Growth -367.21%
  • Ebitda -313.66%
  • Net Worth -73.32%
  • Total Assets -61.49%

About Pro Merit Technologies

Pro Merit Technologies Private Limited (PMTPL) is a Private Limited Indian Non-Government Company incorporated in India on 27 May 2015 (Nine years and ten months 1 days old ). Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Pro Merit Education Initiatives Private Limited. The Company is engaged in the Information Technology 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 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Kachibhatla Pavankumar and Chitra Kachibhatla serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72100TN2015PTC100674

  • Company No.

    100674

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 May 2015

  • Date of AGM

    07 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Information Technology

Who are the key members and board of directors at Pro Merit Technologies?

Board Members (2)

NameDesignationAppointment DateStatus
Kachibhatla Pavankumar Country flag representing In Director 27-May-2015Current
Chitra Kachibhatla Country flag representing In Director 27-May-2015Current

Financial Performance of Pro Merit Technologies.

Pro Merit Technologies Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 97.67% decrease. The company also saw a substantial fall in profitability, with a 367.21% decrease in profit. The company's net worth observed a substantial decline by a decrease of 73.32%.

Pro Merit Technologies revenue growth over time
Pro Merit Technologies 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
-97.67%
Revenue from Operations
Total Assets
-61.49%
Profit or Loss
-367.21%
Net Worth
-73.32%
EBITDA
-313.66%

What is the Ownership and Shareholding Structure of Pro Merit Technologies?

In 2021, Pro Merit Technologies 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 Pro Merit Technologies?

Unlock and access historical data on people associated with Pro Merit Technologies, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Pro Merit Technologies Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Pro Merit Technologies, 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 Pro Merit Technologies'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 Pro Merit Technologies

Recent activity within the organization

  • Annual General Meeting

    Pro Merit Technologies Private Limited last Annual general meeting of members was held on 07 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Pro Merit Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Director Appointment

    Kachibhatla Pavankumar was appointed as a Director was appointed as a Director on 27 May 2015 & has been associated with this company since 9 years 10 months .

  • Director Appointment

    Chitra Kachibhatla was appointed as a Director was appointed as a Director on 27 May 2015 & has been associated with this company since 9 years 10 months .

  • Company Incorporation

    Pro Merit Technologies Private Limited was registered on 27 May 2015 with Roc Chennai & aged 9 years 10 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Pro Merit Technologies Private Limited?

    Pro Merit Technologies Private Limited was incorporated on 27 May 2015.

  • What is authorized share capital and paid-up capital of Pro Merit Technologies Private Limited?

    The authorized share capital of Pro Merit Technologies Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Pro Merit Technologies Private Limited?

    Currently 2 directors are associated with Pro Merit Technologies Private Limited.

    • Kachibhatla Pavankumar
    • Chitra Kachibhatla
  • What is the registered address of Pro Merit Technologies Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Pro Merit Technologies Private Limited is No.37 (Old No.18) Dhanalakshmi Avenue Kasturba Nagar, Adyar India, Chennai, Tamil Nadu, 600020.

  • What is the corporate identification number (CIN) and company number of Pro Merit Technologies Private Limited?

    The corporate identification number (CIN) of Pro Merit Technologies Private Limited is U72100TN2015PTC100674 and the company number is 100674 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Pro Merit Technologies Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Pro Merit Technologies Private Limited has fallen by -97.67%.

  • What change has been observed in the net worth of Pro Merit Technologies Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Pro Merit Technologies Private Limited has experienced an downturn of -73.32%.

  • When was the last Balance Sheet of Pro Merit Technologies Private Limited filed with the ROC?

    The most recent Balance Sheet for Pro Merit Technologies Private Limited was filed with the ROC on 31 Mar 2024.