Mega Innovative Crops Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 1.18 Cr
- Company Age 16 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 37.34 Cr
- Satisfied Charges ₹ 17.69 Cr
- Revenue Growth -34.49%
- Profit Growth -97.41%
- Ebitda -76.09%
- Net Worth 0.75%
- Total Assets -1.12%
About Mega Innovative Crops
Mega Innovative Crops Private Limited (MICPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 March 2008 and has a history of 16 years and 11 months. Its registered office is in Ankleshwar, Gujarat, India.
The Company is engaged in the Agriculture Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.50 Cr and a paid-up capital of Rs 1.18 Cr.
The company currently has active open charges totaling ₹37.34 Cr. The company has closed loans amounting to ₹17.69 Cr, as per Ministry of Corporate Affairs (MCA) records.
Nasra Baig, Salahuddin Baig, and Anas Baig serve as directors at the Company.
Company Details
- Location
Ankleshwar, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U24239GJ2008PTC053246
- Company No.
053246
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
13 Mar 2008
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Mega Innovative Crops?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Salahuddin Baig  | Managing Director | 13-Mar-2008 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Nasra Baig | Director | 13-Mar-2008 | Current |
| Anas Baig | Whole-Time Director | 15-Jun-2018 | Current |
Financial Performance of Mega Innovative Crops.
Mega Innovative Crops Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 34.49% decrease. The company also saw a substantial fall in profitability, with a 97.41% decrease in profit. The company's net worth moved up by a moderate rise of 0.75%.
- Key Matrics
- Balance Sheet
- Profit and Loss
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What is the Ownership and Shareholding Structure of Mega Innovative Crops?
In 2023, Mega Innovative Crops had a promoter holding of 97.96% and a public holding of 2.04%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Mega Innovative Crop Science Private LimitedNasra Baig, Salahuddin Baig and 1 more are mutual person
- Mega Automobiles Pvt Ltd
Nasra Baig, Salahuddin Baig and 1 more are mutual person
- Anas Motors Private Limited
Nasra Baig and Salahuddin Baig are mutual person
Charges (Loans)
₹37.34 Cr
₹17.69 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 34.57 Cr
- Others : 1.90 Cr
- Reliance Capital Ltd : 0.87 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Mar 2019 | Axis Bank Limited | ₹34.57 Cr | Open |
| 30 Jun 2018 | Others | ₹1.90 Cr | Open |
| 31 Jan 2015 | Reliance Capital Ltd | ₹5.35 M | Open |
| 17 May 2012 | Reliance Capital Ltd | ₹3.35 M | Open |
| 18 Feb 2009 | Allahabad Bank | ₹17.69 Cr | Satisfied |
How Many Employees Work at Mega Innovative Crops?
Mega Innovative Crops has a workforce of 72 employees as of Apr 06, 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 Innovative Crops, 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 Innovative Crops'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.