Mega Flex Plastics Limited

Manufactures polypropylene leno bags for bulk packaging of produce.

2003 | Kolkata, West Bengal (India) | Active
Last Updated:

Mega Flex Plastics Profile

Key Indicators

  • Authorised Capital ₹ 13.00 Cr
  • Paid Up Capital ₹ 12.13 Cr
  • Company Age 21 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 15.99 Cr
  • Satisfied Charges ₹ 19.88 Cr
  • Revenue Growth 14.89%
  • Profit Growth -19.18%
  • Ebitda -68.80%
  • Net Worth 44.19%
  • Total Assets 38.36%

About Mega Flex Plastics

Mega Flex Plastics Limited (MFPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 18 November 2003 and has a history of 21 years and four months. Its registered office is in Kolkata, West Bengal, India.

The Corporate was formerly known as Mega Flex Plastics Private Limited. The Company is engaged in the Manufacturing 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 13.00 Cr and a paid-up capital of Rs 12.13 Cr.

The company currently has active open charges totaling ₹15.99 Cr. The company has closed loans amounting to ₹19.88 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Mega Flex Plastics Limited India are Parul Mantri as COMPANY SECRETARY and Sanjay Singh as Cfo. Rakesh Sethia, Hukum Bothra, Pragya Jhunjhunwala, and Three other members serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L25209WB2003PLC097273

  • Company No.

    097273

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    18 Nov 2003

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Kolkata

Industry

Manufacturing

Who are the key members and board of directors at Mega Flex Plastics?

Executive Team (3)

NameDesignationAppointment DateStatus
Hukum Bothra Country flag representing In Managing Director01-Jun-2004Current
Parul Mantri Company Secretary08-Jul-2022Current
Sanjay Singh CFO01-Jun-2022Current

Board Members (5)

NameDesignationAppointment DateStatus
Rakesh Sethia Country flag representing In Director 18-Nov-2003Current
Pragya Jhunjhunwala Country flag representing In Director 15-May-2024Current
Puja Daga Country flag representing In Director 29-Jun-2022Current
Aakriti Agarwal Country flag representing In Director 29-Jun-2022Current
Mohan Parakh Country flag representing In Whole-Time Director 23-May-2008Current

Financial Performance of Mega Flex Plastics.

Mega Flex Plastics Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.89% increase. The company also saw a substantial fall in profitability, with a 19.18% decrease in profit. The company's net worth Soared by an impressive increase of 44.19%.

Mega Flex Plastics revenue growth over time
Mega Flex Plastics 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
14.89%
Revenue from Operations
13.38%
Total Assets
38.36%
Profit or Loss
-19.18%
Net Worth
44.19%
EBITDA
-68.80%

What is the Ownership and Shareholding Structure of Mega Flex Plastics?

In 2023, Mega Flex Plastics had a promoter holding of 73.32% and a public holding of 26.68%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹15.99 Cr

Satisfied Charges

₹19.88 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 14.75 Cr
  • Sidbi : 1.24 Cr

Latest Charge Details

DateLenderAmountStatus
01 Jul 2024Sidbi₹1.24 CrOpen
20 Jun 2016Hdfc Bank Limited₹14.75 CrOpen
08 May 2013State Bank Of India₹1.98 CrSatisfied
21 Jun 2011State Bank Of India₹7.20 MSatisfied
19 Jul 2007State Bank Of India₹10.79 CrSatisfied

How Many Employees Work at Mega Flex Plastics?

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

Employee growth trends for Mega Flex Plastics Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mega Flex Plastics, 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 Mega Flex Plastics'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 Mega Flex Plastics

Recent activity within the organization

  • Annual General Meeting

    Mega Flex Plastics Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Sidbi amounted to Rs. 1.24 Cr with Charge ID 100944751 was registered on 01 Jul 2024.

  • Director Appointment

    Pragya Jhunjhunwala was appointed as a Director was appointed as a Director on 15 May 2024 & has been associated with this company since 10 months 12 days .

  • Balance Sheet

    Mega Flex Plastics Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 14.75 Cr registered on 20 Jun 2016 with Charge ID 100035596 was modified on 07 Oct 2023.

  • Director Appointment

    Parul Mantri was appointed as a Company Secretary was appointed as a Company Secretary on 08 Jul 2022 & has been associated with this company since 2 years 8 months .

Frequently asked questions

  • What is the Incorporation or founding date of Mega Flex Plastics Limited?

    Mega Flex Plastics Limited was incorporated on 18 Nov 2003.

  • What is authorized share capital and paid-up capital of Mega Flex Plastics Limited?

    The authorized share capital of Mega Flex Plastics Limited is ₹ 13.00 Cr and paid-up capital is ₹ 12.13 Cr.

  • Who are the current board members & directors of Mega Flex Plastics Limited?

    Currently 8 directors are associated with Mega Flex Plastics Limited.

    • Rakesh Sethia
    • Hukum Chand Bothra
    • Pragya Jhunjhunwala
    • Parul Mantri
    • Sanjay Kumar Singh
    • Puja Daga
    • Aakriti Agarwal
    • Mohan Lal Parakh

  • What is the registered address of Mega Flex Plastics Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mega Flex Plastics Limited is 4 Ho Chi Minh Sarani Suite-2A 2Nd Floor, India, Kolkata, West Bengal, 700071.

  • What is the corporate identification number (CIN) and company number of Mega Flex Plastics Limited?

    The corporate identification number (CIN) of Mega Flex Plastics Limited is L25209WB2003PLC097273 and the company number is 097273 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Mega Flex Plastics Limited?

    The Official website of Mega Flex Plastics Limited is https://www.megaflex.in

  • What has been the recent revenue trend for Mega Flex Plastics Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Mega Flex Plastics Limited has risen by 14.89%.

  • What change has been observed in the net worth of Mega Flex Plastics Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Mega Flex Plastics Limited has experienced an upsurge of 44.19%.

  • What are the total open charges for Mega Flex Plastics Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Mega Flex Plastics Limited amount to ₹ 15.99 Cr.

  • When was the last Balance Sheet of Mega Flex Plastics Limited filed with the ROC?

    The most recent Balance Sheet for Mega Flex Plastics Limited was filed with the ROC on 31 Mar 2024.

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