Merind Limited is a public limited company incorporated in India on Nov. 04, 1958 as a private limited company, its registered office address is "Readymoney Terrace, 2nd floor, Room no. 5, 167, Dr. Annie Besant Road, Worli, Mumbai,". The Company is a subsidiary of Dartmour Holdings Private Limited. Merind Limited (MERIN), is engaged in the manufacturing and sale of bulk drugs and formulations. it was also known as Merck Sharp & Dhome (India), the name was changed to Merind Limited in December. 17, 1984 when Tatas acquired a 50% stake in equity, from Merck & Company Inc. USA. Wockhardt made an open offer in July 1998 for the acquisition of the entire equity stake in Merind Limited.
In March 1993, Merind ltd issued 18,00,000 No. of equity shares of Rs.10 each at a premium of Rs.60 per share on a rights basis in the prop. 1:1. fully Subscribed. Another 90,000 No. of equity shares of Rs.10 each at a premium of Rs.60 per share were offered to the employees but only 42,000 shares were subscribed.
| Outstanding Shares of Merind Limited : | 3642000 |
| Face Value of Merind Limited : | Rs. 10 Per Equity Share |
| ISIN of Merind Limited : | INE215A01016 |
| PAN No of Merind Limited : | AAACM2735P |
| GST No of Merind Limited : | 27AAACM2735P3Z3 |
| Lot Size of Merind Limited : | 100 |
| Last Traded Price of Merind Limited : | Rs.216 |
| Date of Delisting of Merind Limited : | 30-May-05 |
| Rate of Delisting of Merind Limited : | Rs.193 |
| Reason of Delisting of Merind Limited : | Amalgamation |
Merind Limited Incorporation Details
| Merind Limited CIN Number | U24239MH1958PLC011204 |
| Merind Limited Date of Incorporation | 04-Nov-58 |
| Category / Sub-Category of Merind Limited | Public Limited Company |
| Merind Limited Registered Office Address | READYMONEY TERRACE, 2ND FLOOR, ROOM NO. 5 167, DR. ANNIE BESANT ROAD, WORLI MUMBAI MH 400018 IN |
Board of
Directors of Merind Limited
|
Name |
Post |
|
Huzaifa Habil Khorakiwala |
Director |
|
Zahabiya Habil Khorakiwala |
Director |
|
Stephen Sabbas D'souza |
Director |
Shareholding Pattern of Merind Limited (as on 31st March 2025)
Category | No. of shares held | % of shares held |
Promoters | 3,498,395 | 96.06% |
Public | 143,605 | 3.94% |
Total | 3,642,000 | 100% |
Q: What
is the face value of Merind Ltd shares?
Answer: The face value of Merind Ltd is ₹10 per equity share.
Q: What
is the minimum lot size for buying Merind Ltd shares through WWIPL?
Answer: The minimum lot size for Merind Ltd shares is 100 equity shares.
Q: How
can I buy Merind Ltd unlisted shares through WWIPL?
Answer: Investors can complete KYC, confirm the transaction details with
WWIPL, transfer funds, and receive the shares directly in their Demat account.
Q: Why
should I buy Merind Ltd shares through WWIPL?
Answer: WWIPL offers transparent pricing, secure transactions, seamless
Demat transfers, and end-to-end support for investing in unlisted shares.
Q: Is
investing in Merind Ltd a good idea?
Answer: Investors generally evaluate Merind Ltd based on its
pharmaceutical manufacturing business, legacy operations, and long-term value
potential within the healthcare sector.
Q: Why do
investors buy Merind Ltd shares before a potential IPO or corporate action?
Answer: Investors may seek exposure to legacy pharmaceutical assets and
potential value unlocking through strategic actions, restructuring, or improved
business performance.
Q: What
business does Merind Ltd operate in?
Answer: Merind Ltd is engaged in the manufacturing and sale of bulk
drugs and pharmaceutical formulations.
Q: What
is the background of Merind Ltd?
Answer: Merind Ltd was incorporated in 1958 and has a long legacy in
India’s pharmaceutical industry. It was earlier known as Merck Sharp &
Dohme (India). The company’s name was changed to Merind Ltd in 1984 after Tata
Group acquired a 50% stake from Merck & Company (USA). Later, Wockhardt
made an open offer in 1998 for acquisition of the company’s equity stake.
Q: What
makes Merind Ltd different from other unlisted pharma companies?
Answer: Merind Ltd is a legacy pharmaceutical company with historical
multinational and Tata association, and is often viewed from a long-term
restructuring and asset-value perspective.
Q: What
are the key growth drivers for Merind Ltd?
Answer: Pharmaceutical demand, potential restructuring, asset
utilization, product portfolio development, and strategic corporate actions are
key growth drivers.
Q: What
factors affect the valuation of Merind Ltd shares?
Answer: Business performance, asset base, regulatory developments,
restructuring outcomes, industry conditions, and investor sentiment influence
valuation.
Q: Are
Merind Ltd shares available in Demat form?
Answer: Yes. Shares purchased through WWIPL are transferred directly to
the investor’s Demat account.
Q: Can I
sell my Merind Ltd shares through WWIPL?
Answer: Yes. WWIPL facilitates both buying and selling of unlisted
shares, subject to market demand and availability.
Q: What
documents are required to buy Merind Ltd shares through WWIPL?
Answer: Investors generally need PAN, Aadhaar, Client Master Report
(CMR), and bank account details to complete the transaction.
Q: What
are the risks of investing in Merind Ltd shares?
Answer: Investors should consider limited liquidity, legacy business
structure, regulatory risks, and uncertainty around future corporate actions.
Q: How
does WWIPL help investors track Merind Ltd investments?
Answer: WWIPL provides company updates, transaction assistance, and
ongoing investment support to help investors stay informed.
Q: How
long does it take for Merind Ltd shares purchased through WWIPL to be credited
to a Demat account?
Answer: Shares are generally transferred to the investor’s Demat account
after successful completion and verification of the transaction.
Q: What
should investors evaluate before investing in Merind Ltd?
Answer: Investors should assess the company’s financial position,
pharmaceutical operations, legacy structure, and potential for future value
unlocking.
Q: Can
Merind Ltd benefit from any future restructuring or strategic action?
Answer: Yes. Any restructuring, asset optimization, or strategic
corporate action could potentially support long-term value creation for
shareholders.