V-Link Fleet Solutions Private Limited - Due diligence report

A 360° intelligence report on Merubiz: trust score, financial health, credit view, compliance, directors, growth and distress signals - gene…

2006-12-04 Mumbai, Maharashtra Amalgamated Unlisted Active Compliant
VF V-Link Fleet Solutions Private Limited
Full Due-Diligence Report + Documents
  • Unlock all financial figures & 5-year trends
  • Full trust, health & credit-risk scores
  • Director details, charges & MCA documents
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Merubiz — 360° Intelligence Report

Generated from MCA filings & public records
38/100
Trust Score
Caution Indicated

Merubiz is assessed as Caution Indicated with a Trust Score of 38/100. Merubiz is a private limited indian non-government company incorporated in 2006, operating in the Transport and Logistics sector. Reported revenue has declined across its recent filed years. It reported a loss in its latest filed year. Based on MCA filings and public records, it currently shows a high compliance risk and high financial risk profile.

Report generated on 17 Jul 2026 from the latest processed filings. V-Link Fleet Solutions Private Limited snapshot & full profile →

Overall Assessment CautionWeakNeutralGoodStrong Weak
Compliance › Caution

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreCaution Indicated
38/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
20/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
5/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
45/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
85/100
Board strength, DIN status, churn and network.
Growth ScoreCaution Indicated
40/100
Revenue, profit, asset and hiring momentum.
Distress ScoreCaution Indicated
20/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

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Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 45/100 Caution Indicated
  • Negative operating earnings - debt service depends on external support.
  • No open charges - unencumbered balance sheet.

Charges position: 0 open (-) · 3 satisfied (12.00 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Hdfc Bank Limited1 48.0 cr
The Hongkong And Shanghai Banking Corporation1 48.0 cr
Ivf Trustee Company Private Limited1 48.0 cr
Compliance Score: 20/100 Caution Indicated
  • Company status is "Amalgamated" - not Active.
  • Last balance sheet is for Mar 2023 - filings overdue.
  • 1 auditor resignation(s) filed - latest: B S R & Co. LLP on 2020-10-30.
  • 1 active GST registration(s).
05

Director Intelligence

Stability score: 85/100
NameDIN / PANDesignationAppointedTenureDIN status
DEVEN MURARILAL MASKARA 01234567 Director 01/04/2018 6 yrs Approved
SREENIVAS PAMIDIMUKKALA 01234567 Director 01/04/2018 6 yrs Approved
RAMPRAVEEN SWAMINATHAN 01234567 Director 01/04/2018 6 yrs Approved
  • 3 directors on the board.
  • No disqualified or deactivated DINs.
  • 1 director exit(s) in the last 3 years.
06

Ownership & Group Intelligence

As per FY 2022 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
Meru Travel Solutions Private Limited
Subsidiaries
-
Group entities
-
Capital events
0 allotment(s) · 6 transfer(s)

Promoters hold a dominant controlling stake - exact percentages are part of the full report.

Group entityRelationship% held
Meru Travel Solutions Private Limited Holding Company 74.00%
Mahindra And Mahindra Limited Holding Company 74.00%

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 40 · Distress 20
Growth signals & trust indicators
Operating for 19+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Revenue declined year-on-year.
Negative net worth.
Statutory filings appear overdue.
Adverse company status: Amalgamated.
Compliance score is weak (20/100).
1 auditor resignation(s) on record - review the stated reasons.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence25/100
Caution indicated
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 4 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment27/100
Enhanced diligence advised
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • No existing security registered - first-charge position available.
  • Compliance gaps should be priced into terms.
Investor view27/100
Limited indicators at present
Growth quality and scalability through an investor lens.
  • No clear growth signals in the filed years.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
19 Jul 2023
Last AGM held
Annual general meeting
18 Jul 2023
Director ceased
DEVEN MURARILAL MASKARA
31 Mar 2023
Latest balance sheet
Filed with ROC
01 Mar 2023
Director ceased
YOGESH PATEL
25 Jul 2022
Director appointed
DEVEN MURARILAL MASKARA (Director)
20 Jun 2022
Director ceased
NIKHIL RAMAKRISHNA SOHONI
16 May 2022
Director appointed
SREENIVAS PAMIDIMUKKALA (Director)
Director appointed
RAMPRAVEEN SWAMINATHAN (Director)
Director ceased
KANNAN THIRUVENGADATHAN CHAKRAVARTHY
Director ceased
SUMAN LAXMIDHAR MISHRA
31 Mar 2022
Share transfer (FY 2022)
1.00000000 shares to Jignesh Ashok Parikh jointly with Meru Travel Solutions Private Ltd.
17 Nov 2021
Charge satisfied
Hdfc Bank Limited
30 Jul 2020
Director ceased
NEERAJ GUPTA VISHNUKUMAR
Director ceased
MANASWINI GOEL
14 May 2020
Director ceased
ARVIND MATHEW
10

Key Observations

Auto-generated from the data above
Revenue declined 38% over the last 4 financial year(s).
Net profit margin moved from 1.42 to 2.1x.
3 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
All 3 registered charge(s) stand satisfied - past borrowings repaid.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2022 annual return.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Sudershan Roadways India Private Limited U63030DL2017PTC311355 Delhi, Delhi, India
Singhdeep Transport And Trading Private Limited U74999BR2017PTC034524 Madhubani, Bihar, India
Monkurbane Consultancy Private Limited U18202JH2020PTC014376 Dhanbad, Jharkhand, India
Bhartiya Parivahan Pvt Ltd U63010MH1986PTC039590 Mumbai City, Maharashtra, India
Three Sixty Logistics Private Limited U60200DL2009PTC194234 New Delhi, Delhi, India
Nihawk Logistics India Private Limited U74990DL2012PTC238765 New Delhi, Delhi, India
Pilania Logistic Solution Private Limited U63090MH2012PTC228090 Navi Mumbai, Maharashtra, India
Navjeevan Tyres Pvt Ltd U34300MH1991PTC061606 Latur, Maharashtra, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Merubiz before audits and certifications: compliance score 20/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Merubiz: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Enhanced diligence advised. Credit risk score 45/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Limited indicators at present. Growth score 40/100, margin trends, ownership structure and peer set for Merubiz - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Caution indicated. Trust score 38/100, distress signals and MSME payment-delay disclosures - know whether Merubiz pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (no cases on record), regulatory flags, charge documents trail and director networks for Merubiz - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Merubiz an active company?

Merubiz has MCA status “Amalgamated” with a compliance score of 20/100 (Caution Indicated).

Is Merubiz financially healthy?

Merubiz has a Financial Health Score of 5/100 (Caution Indicated) based on its filed financial statements.

Should I do business with Merubiz?

Its overall Trust Score is 38/100 (Caution Indicated). Vendor verdict: Caution indicated. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Merubiz?

The ultimate holding entity is Meru Travel Solutions Private Limited. 3 active director(s) are on record.

Does Merubiz have loans or charges against its assets?

No open charges - all 3 registered charge(s) stand satisfied, indicating past borrowings were repaid.

Is Merubiz up to date with its ROC filings?

Last balance sheet is for Mar 2023 - filings overdue. Overall compliance score: 20/100 (Caution Indicated).

Is it risky to lend to Merubiz?

Its Credit Risk Score is 45/100 (Caution Indicated). Banker verdict: Enhanced diligence advised.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.