Mega Networks Private Limited

IT product trading and services including software development, IT outsourcing, and web design.

1997 | Mumbai, Maharashtra (India) | Active
Last Updated:

Mega Networks Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 9.54 M
  • Company Age 27 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 33.77 Cr
  • Satisfied Charges ₹ 8.28 Cr
  • Revenue Growth 150.24%
  • Profit Growth 336.77%
  • Ebitda 451.37%
  • Net Worth 109.73%
  • Total Assets 142.90%

About Mega Networks

Mega Networks Private Limited (MNPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 August 1997 and has a history of 27 years and six months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Information Technology 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 10.00 Cr and a paid-up capital of Rs 9.54 M.

The company currently has active open charges totaling ₹33.77 Cr. The company has closed loans amounting to ₹8.28 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Mega Networks Private Limited India is Swity Ganatra as COMPANY SECRETARY. Amit Pipada, Amrish Pipada, and Shreyans Pipada 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

    U72200MH1997PTC109984

  • Company No.

    109984

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Aug 1997

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Information Technology

What products or services does Mega Networks Private Limited offer?

Mega Networks Private Limited offers a wide range of products and services, including Router, Cables & Networking Devices, Ethernet Device, Sensors & Transducers, Gas Sensors, Enclosures & Cabinets, Metal Enclosures, Measuring Equipments & Instruments, Water Detectors, Computer Hardware & Peripherals, Server Processor.

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

Executive Team (2)

NameDesignationAppointment DateStatus
Amrish Pipada Country flag representing In Managing Director11-Aug-1997Current
Swity Ganatra Company Secretary12-Sep-2024Current

Board Members (2)

NameDesignationAppointment DateStatus
Amit Pipada Country flag representing In Additional Director 14-Sep-2024Current
Shreyans Pipada Country flag representing In Whole-Time Director 21-Apr-2016Current

Financial Performance of Mega Networks.

Mega Networks Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 150.24% increase. The company also saw a substantial improvement in profitability, with a 336.77% increase in profit. The company's net worth Soared by an impressive increase of 109.73%.

Mega Networks revenue growth over time
Mega Networks 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
150.24%
Revenue from Operations
151.03%
Total Assets
142.90%
Profit or Loss
336.77%
Net Worth
109.73%
EBITDA
451.37%

What is the Ownership and Shareholding Structure of Mega Networks?

In 2023, Mega Networks had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹33.77 Cr

Satisfied Charges

₹8.28 Cr

Charges Breakdown by Lending Institutions

  • Others : 33.77 Cr

Latest Charge Details

DateLenderAmountStatus
25 Aug 2011Others₹33.77 CrOpen
10 Jun 2014Ing Vysya Bank Limited₹1.50 CrSatisfied
02 Jan 2009Punjab National Bank₹2.00 CrSatisfied
02 Jan 2009Punjab National Bank₹3.50 CrSatisfied
01 Oct 2008The Thane Janata Sahakari Bank Limited₹0.78 MSatisfied

How Many Employees Work at Mega Networks?

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

Employee growth trends for Mega Networks Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Director Appointment

    Amit Dulraj Pipada was appointed as a Additional Director was appointed as a Additional Director on 14 Sep 2024 & has been associated with this company since 5 months 24 days .

  • Director Appointment

    Swity Rohan Ganatra was appointed as a Company Secretary was appointed as a Company Secretary on 12 Sep 2024 & has been associated with this company since 5 months 26 days .

  • Annual General Meeting

    Mega Networks Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Charges

    A charge with Others of Rs. 33.77 Cr registered on 25 Aug 2011 with Charge ID 10311729 was modified on 24 Apr 2023.

  • Balance Sheet

    Mega Networks Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

  • Charges

    A charge registered on 10 Jun 2014 via Charge ID 10553783 with Ing Vysya Bank Limited was fully satisfied on 06 Feb 2017.

Frequently asked questions

  • What is the Incorporation or founding date of Mega Networks Private Limited?

    Mega Networks Private Limited was incorporated on 11 Aug 1997.

  • What is authorized share capital and paid-up capital of Mega Networks Private Limited?

    The authorized share capital of Mega Networks Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 9.54 M.

  • Who are the current board members & directors of Mega Networks Private Limited?

    Currently 4 directors are associated with Mega Networks Private Limited.

    • Amit Dulraj Pipada
    • Amrish Dulraj Pipada
    • Shreyans Amrish Pipada
    • Swity Rohan Ganatra

  • What is the registered address of Mega Networks Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mega Networks Private Limited is Unit No. 7 Bishen Udyog, Minerva Industrial Estate Mulund West, Mumbai, Maharashtra, India, 400080.

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

    The corporate identification number (CIN) of Mega Networks Private Limited is U72200MH1997PTC109984 and the company number is 109984 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Mega Networks Private Limited?

    The Official website of Mega Networks Private Limited is https://www.meganet1.com

  • What has been the recent revenue trend for Mega Networks Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Mega Networks Private Limited has risen by 150.24%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Mega Networks Private Limited has experienced an upsurge of 109.73%.

  • What are the total open charges for Mega Networks Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Mega Networks Private Limited amount to ₹ 33.77 Cr.

  • When was the last Balance Sheet of Mega Networks Private Limited filed with the ROC?

    The most recent Balance Sheet for Mega Networks Private Limited was filed with the ROC on 31 Mar 2023.

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