Mega Rubber Technologies Private Limited

Manufacturer of rubber components for two-wheelers, serving top clients in India since 1995.

1995 | Mumbai, Maharashtra (India) | Active
Last Updated: July 18, 2024

Mega Rubber Technologies Profile

Key Indicators

  • Authorised Capital ₹ 5.50 Cr
  • Paid Up Capital ₹ 2.54 Cr
  • Company Age 30 Year, 22 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 204.51 Cr
  • Satisfied Charges ₹ 201.40 Cr
  • Revenue Growth 29.78%
  • Profit Growth 55.30%
  • Ebitda 10.17%
  • Net Worth 8.95%
  • Total Assets -2.59%

About Mega Rubber Technologies

Mega Rubber Technologies Private Limited (MRTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 January 1995 and has a history of 30 years. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Automotive 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 5.50 Cr and a paid-up capital of Rs 2.54 Cr.

The company currently has active open charges totaling ₹204.51 Cr. The company has closed loans amounting to ₹201.40 Cr, as per Ministry of Corporate Affairs (MCA) records.

Jaiprakash Vasdani, Neelkumar Sujan, Vijay Sujan, and Two other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U25110MH1995PTC084554

  • Company No.

    084554

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Jan 1995

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Automotive

What products or services does Mega Rubber Technologies Private Limited offer?

Mega Rubber Technologies Private Limited offers a wide range of products and services, including Generators, Turbines & Power Plants, Portable Generator, Air Intake System & Parts, Heater, Thermostat & Heating Devices, Heater & Heating Components, Machine & Precision Tools, Machine Mounts, Industrial Bellow, Rubber Bellow, Trucks.

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

Executive Team (1)

Name Designation Appointment Date Status
Neelkumar Sujan Country flag representing In Managing Director 07-Sep-1996 Current

Board Members (4)

Name Designation Appointment Date Status
Jaiprakash Vasdani Country flag representing In Director 04-Jul-1997 Current
Vijay Sujan Country flag representing In Director 15-Mar-1997 Current
Harish Sujan Country flag representing In Director 04-Jul-1997 Current
Sheetal Sujan Country flag representing In Director 12-Feb-2015 Current

Financial Performance of Mega Rubber Technologies.

Mega Rubber Technologies Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 29.78% increase. The company also saw a substantial improvement in profitability, with a 55.3% increase in profit. The company's net worth moved up by a moderate rise of 8.95%.

Graph illustrating revenue growth over time
Graph showing 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
29.78%
Revenue from Operations
29.99%
Total Assets
-2.59%
Profit or Loss
55.30%
Net Worth
8.95%
EBITDA
10.17%

What is the Ownership and Shareholding Structure of Mega Rubber Technologies?

In 2023, Mega Rubber Technologies had a promoter holding of 94.14% and a public holding of 5.86%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹204.51 Cr

Satisfied Charges

₹201.40 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 85.48 Cr
  • Others : 62.67 Cr
  • Citibank N. A : 19.95 Cr
  • Icici Bank Limited : 19.54 Cr
  • Citibank N. A. : 8.30 Cr
  • Others : 8.57 Cr

Latest Charge Details

Date Lender Amount Status
28 Nov 2023 Axis Bank Limited ₹2.00 Cr Open
16 Sep 2023 Others ₹10.00 Cr Open
16 Sep 2023 Hdfc Bank Limited ₹2.00 M Open
17 Jul 2023 Hdfc Bank Limited ₹1.00 Cr Open
31 May 2023 Axis Bank Limited ₹3.20 Cr Open

How Many Employees Work at Mega Rubber Technologies?

Mega Rubber Technologies has a workforce of 358 employees as of Apr 08, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 2.00 Cr with Charge ID 100827242 was registered on 28 Nov 2023.

    28 Nov 2023

  • Charges

    A charge with Others of Rs. 2.47 Cr registered on 19 May 2022 with Charge ID 100580420 was modified on 04 Nov 2023.

    04 Nov 2023

  • Annual General Meeting

    Mega Rubber Technologies Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100803013 was registered on 16 Sep 2023.

    16 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.20 Cr with Charge ID 100806358 was registered on 16 Sep 2023.

    16 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.00 Cr with Charge ID 100764163 was registered on 17 Jul 2023.

    17 Jul 2023

Frequently asked questions

  • Mega Rubber Technologies Private Limited was incorporated on 11 Jan 1995.

  • The authorized share capital of Mega Rubber Technologies Private Limited is ₹ 5.50 Cr and paid-up capital is ₹ 2.54 Cr.

  • Currently 5 directors are associated with Mega Rubber Technologies Private Limited.

    • Jaiprakash Khanchand Vasdani
    • Neelkumar Rewachand Sujan
    • Vijay Jeevan Sujan
    • Harish Rewachand Sujan
    • Sheetal Neel Sujan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mega Rubber Technologies Private Limited is Unit No. 77 Mistry Industrial Complex Midc Cross Road A Andheri East, Mumbai, Maharashtra, India, 400093.

  • The corporate identification number (CIN) of Mega Rubber Technologies Private Limited is U25110MH1995PTC084554 and the company number is 084554 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mega Rubber Technologies Private Limited is https://www.megarubbertech.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mega Rubber Technologies Private Limited has risen by 29.78%.

  • As Per 2023 financial reports, 358 employees are currently employed by Mega Rubber Technologies Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mega Rubber Technologies Private Limited has experienced an upsurge of 8.95%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Mega Rubber Technologies Private Limited amount to ₹ 204.51 Cr.

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

People also Viewed

Similar Companies Based on Auto Parts & Components