Mega Innovative Crops Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 1.18 Cr
- Company Age 17 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- 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 17 years and one month. Its registered office is in Bharuch, 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 2024. 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.
Anas Baig, Salahuddin Baig, and Nasra Baig serve as directors at the Company.
Company Details
- Location
Bharuch, 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 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Agriculture
Mega Innovative Crops Private Limited
Explore comprehensive data for Mega Innovative Crops Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
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 |
|---|---|---|---|
| Anas Baig | Whole-Time Director | 15-Jun-2018 | Current |
| Nasra Baig | Director | 13-Mar-2008 | 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
- Cash Flow
- Ratios
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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 LimitedAnas Baig, Salahuddin Baig and 1 more are mutual person
- Mega Automobiles Pvt Ltd
Anas Baig, Salahuddin Baig and 1 more are mutual person
- Anas Motors Private Limited
Salahuddin Baig and Nasra Baig are mutual person
Charges (Loans)
Open Charges
₹37.34 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Mega Innovative Crops
Recent activity within the organization
- Annual General Meeting
Mega Innovative Crops Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Mega Innovative Crops Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Charges
A charge with Axis Bank Limited of Rs. 34.57 Cr registered on 22 Mar 2019 with Charge ID 100256811 was modified on 23 Sep 2022.
- Charges
A charge registered on 18 Feb 2009 via Charge ID 10147921 with Allahabad Bank was fully satisfied on 10 Jun 2019.
- Charges
A charge with Axis Bank Limited amounted to Rs. 34.57 Cr with Charge ID 100256811 was registered on 22 Mar 2019.
- Charges
A charge with Others amounted to Rs. 1.90 Cr with Charge ID 100195827 was registered on 30 Jun 2018.
Frequently asked questions
What is the Incorporation or founding date of Mega Innovative Crops Private Limited?
Mega Innovative Crops Private Limited was incorporated on 13 Mar 2008.
What is authorized share capital and paid-up capital of Mega Innovative Crops Private Limited?
The authorized share capital of Mega Innovative Crops Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.18 Cr.
Who are the current board members & directors of Mega Innovative Crops Private Limited?
Currently 3 directors are associated with Mega Innovative Crops Private Limited.
- Anas Salahuddin Baig
- Salahuddin Hasanuddin Baig
- Nasra Salahuddin Baig
What is the registered address of Mega Innovative Crops Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Mega Innovative Crops Private Limited is Plot No. 415 Gidc Panoli, India, Ankleshwar, Gujarat, 394116.
What is the corporate identification number (CIN) and company number of Mega Innovative Crops Private Limited?
The corporate identification number (CIN) of Mega Innovative Crops Private Limited is U24239GJ2008PTC053246 and the company number is 053246 as per Ministry of Corporate Affairs (MCA).
What is the official website of Mega Innovative Crops Private Limited?
The Official website of Mega Innovative Crops Private Limited is https://www.megaincrops.com
What has been the recent revenue trend for Mega Innovative Crops Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Mega Innovative Crops Private Limited has fallen by -34.49%.
How many employees does Mega Innovative Crops Private Limited currently have?
As Per 2023 financial reports, 72 employees are currently employed by Mega Innovative Crops Private Limited.
What change has been observed in the net worth of Mega Innovative Crops Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Mega Innovative Crops Private Limited has experienced an upsurge of 0.75%.
What are the total open charges for Mega Innovative Crops Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Mega Innovative Crops Private Limited amount to ₹ 37.34 Cr.
When was the last Balance Sheet of Mega Innovative Crops Private Limited filed with the ROC?
The most recent Balance Sheet for Mega Innovative Crops Private Limited was filed with the ROC on 31 Mar 2024.
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