Mega Freight Movers Profile
Key Indicators
- Authorised Capital ₹ 6.00 Cr
- Paid Up Capital ₹ 6.00 Cr
- Company Age 30 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 52.93 Cr
- Satisfied Charges ₹ 7.73 Cr
- Revenue Growth -0.38%
- Profit Growth 13.37%
- Ebitda -21.25%
- Net Worth 12.04%
- Total Assets 9.43%
About Mega Freight Movers
Mega Freight Movers Ltd (MFML) is a leading Public Limited Indian Non-Government Company incorporated in India on 22 April 1994 and has a history of 30 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Mega Freight Movers Pvt Ltd. The Company is engaged in the Transport And Logistics 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 6.00 Cr and a paid-up capital of Rs 6.00 Cr.
The company currently has active open charges totaling ₹52.93 Cr. The company has closed loans amounting to ₹7.73 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ankita Mahipal, Bimladevi Mahipal, Nitin Mahipal, and One other member serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U63030MH1994PLC077910
- Company No.
077910
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
22 Apr 1994
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Transport and Logistics
Mega Freight Movers Ltd
Explore comprehensive data for Mega Freight Movers Ltd, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Mega Freight Movers?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nitin Mahipal  | Managing Director | 07-Apr-1999 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ankita Mahipal | Director | 17-Jun-2013 | Current |
| Bimladevi Mahipal | Director | 22-Apr-1994 | Current |
| Ritesh Jalan | Director | 28-Sep-2021 | Current |
Financial Performance of Mega Freight Movers.
Mega Freight Movers Ltd, for the financial year ended 2023, experienced Minor drop in revenue, with a 0.38% decrease. The company also saw a substantial improvement in profitability, with a 13.37% increase in profit. The company's net worth Soared by an impressive increase of 12.04%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Mega Freight Movers?
In 2023, Mega Freight Movers had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Tci Hi-Ways Private LimitedRitesh Jalan is a mutual person
Mega Pack And Carry Private LimitedAnkita Mahipal and Nitin Mahipal are mutual person
Pratham Logistics Private LimitedRitesh Jalan is a mutual person
M B Freight Movers Pvt LtdAnkita Mahipal and Nitin Mahipal are mutual person
- R.K.Flywings Pvt Ltd
Ankita Mahipal and Nitin Mahipal are mutual person
- Dart Enterprises Llp
Nitin Mahipal and Ritesh Jalan are mutual person
Charges (Loans)
Open Charges
₹52.93 Cr
Satisfied Charges
₹7.73 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 52.00 Cr
- Ge Capital Transportation Financial Services Ltd : 0.52 Cr
- Ge Capital Transporation Finance Serviced Ltd : 0.34 Cr
- Sundaram Finance Ltd : 0.07 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Jan 2024 | Hdfc Bank Limited | ₹23.00 Cr | Open |
| 06 Dec 2017 | Hdfc Bank Limited | ₹6.00 Cr | Open |
| 16 Nov 2009 | Hdfc Bank Limited | ₹23.00 Cr | Open |
| 31 Jul 2007 | Ge Capital Transportation Financial Services Ltd | ₹5.20 M | Open |
| 09 Nov 2001 | Ge Capital Transporation Finance Serviced Ltd | ₹3.38 M | Open |
How Many Employees Work at Mega Freight Movers?
Mega Freight Movers has a workforce of 128 employees as of Apr 05, 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 Mega Freight Movers, 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 Freight Movers'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.
Latest Updates, News, and FAQs on Mega Freight Movers
Recent activity within the organization
- Annual General Meeting
Mega Freight Movers Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Hdfc Bank Limited of Rs. 6.00 Cr registered on 06 Dec 2017 with Charge ID 100143461 was modified on 12 Sep 2024.
- Charges
A charge with Hdfc Bank Limited of Rs. 23.00 Cr registered on 16 Nov 2009 with Charge ID 10192302 was modified on 12 Sep 2024.
- Charges
A charge with Hdfc Bank Limited of Rs. 23.00 Cr registered on 08 Jan 2024 with Charge ID 100868956 was modified on 11 Sep 2024.
- Balance Sheet
Mega Freight Movers Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge registered on 30 Mar 2013 via Charge ID 10428140 with Hdfc Bank Limited was fully satisfied on 14 Feb 2024.
Frequently asked questions
What is the Incorporation or founding date of Mega Freight Movers Ltd?
Mega Freight Movers Ltd was incorporated on 22 Apr 1994.
What is authorized share capital and paid-up capital of Mega Freight Movers Ltd?
The authorized share capital of Mega Freight Movers Ltd is ₹ 6.00 Cr and paid-up capital is ₹ 6.00 Cr.
Who are the current board members & directors of Mega Freight Movers Ltd?
Currently 4 directors are associated with Mega Freight Movers Ltd.
- Ankita Nitin Mahipal
- Bimladevi Omprakash Mahipal
- Nitin Omprakash Mahipal
- Ritesh Sanwarmal Jalan
What is the registered address of Mega Freight Movers Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Mega Freight Movers Ltd is 39 Mehta Chambers127.-A, Kalyan Street India, Mumbai, Maharashtra, 400009.
What is the corporate identification number (CIN) and company number of Mega Freight Movers Ltd?
The corporate identification number (CIN) of Mega Freight Movers Ltd is U63030MH1994PLC077910 and the company number is 077910 as per Ministry of Corporate Affairs (MCA).
What is the official website of Mega Freight Movers Ltd?
The Official website of Mega Freight Movers Ltd is https://www.megaltd.net
What has been the recent revenue trend for Mega Freight Movers Ltd?
According to the financial reports for the fiscal year 2023, the revenue trend for Mega Freight Movers Ltd has fallen by -0.38%.
How many employees does Mega Freight Movers Ltd currently have?
As Per 2023 financial reports, 128 employees are currently employed by Mega Freight Movers Ltd.
What change has been observed in the net worth of Mega Freight Movers Ltd, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Mega Freight Movers Ltd has experienced an upsurge of 12.04%.
What are the total open charges for Mega Freight Movers Ltd?
As per the financial statements for fiscal Year 2023, The total open charges for Mega Freight Movers Ltd amount to ₹ 52.93 Cr.
When was the last Balance Sheet of Mega Freight Movers Ltd filed with the ROC?
The most recent Balance Sheet for Mega Freight Movers Ltd was filed with the ROC on 31 Mar 2024.
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