Mega Trends Ltd
IT design, development, and hardware/software sales for businesses. Established in 1991 in Chennai.
1991 | Chennai, Tamil Nadu (India) | Active
Mega Trends Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 7.50 M
- Company Age 33 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2.11 Cr
- Satisfied Charges ₹ 0.45 M
- Revenue Growth %
- Profit Growth 82.59%
- Ebitda 83.28%
- Net Worth -30.43%
- Total Assets -39.12%
About Mega Trends
Mega Trends Ltd (MTL) is a Public Limited Indian Non-Government Company incorporated in India on 25 September 1991 and has a history of 33 years and seven months. Its registered office is in Chennai, Tamil Nadu, 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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 7.50 M.
The company currently has active open charges totaling ₹2.11 Cr. The company has closed loans amounting to ₹0.45 M, as per Ministry of Corporate Affairs (MCA) records.
Kakkumperumal Ramasubramanian, Ramasami Selvakumar, and Banumurthy Karthikeyan serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U72300TN1991PLC021434
- Company No.
021434
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
25 Sep 1991
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Information Technology
Mega Trends Ltd
Explore comprehensive data for Mega Trends Ltd, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Mega Trends?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kakkumperumal Ramasubramanian  | Director | 20-Mar-2006 | Current |
| Ramasami Selvakumar | Director | 02-Sep-2015 | Current |
| Banumurthy Karthikeyan | Director | 02-Sep-2015 | Current |
Financial Performance of Mega Trends.
Mega Trends Ltd, for the financial year ended 2021, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 82.59% increase in profit. The company's net worth observed a substantial decline by a decrease of 30.43%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Mega Trends?
In 2019, Mega Trends had a promoter holding of 100.00%. The company had 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Commercial Goods Transports (Madras) Limited
Ramasami Selvakumar is a mutual person
- Sringaravalli Consultants Private Limited
Ramasami Selvakumar is a mutual person
- Cbcl Technologies And Services Private Limited
Banumurthy Karthikeyan is a mutual person
Charges (Loans)
Open Charges
₹2.11 Cr
Satisfied Charges
₹0.04 Cr
Charges Breakdown by Lending Institutions
- Tamilnad Mercantile Bank Ltd. : 2.11 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Jul 2001 | Tamilnad Mercantile Bank Ltd. | ₹1.00 M | Open |
| 23 Feb 2001 | Tamilnad Mercantile Bank Ltd. | ₹7.70 M | Open |
| 08 Aug 2000 | Tamilnad Mercantile Bank Ltd. | ₹1.50 M | Open |
| 19 May 2000 | Tamilnad Mercantile Bank Ltd. | ₹1.00 M | Open |
| 13 Sep 1996 | Tamilnad Mercantile Bank Ltd. | ₹5.00 M | Open |
How Many Employees Work at Mega Trends?
Unlock and access historical data on people associated with Mega Trends, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Mega Trends, 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 Trends'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 Trends
Recent activity within the organization
- Annual General Meeting
Mega Trends Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Mega Trends Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- Charges
A charge registered on 22 Jun 2001 via Charge ID 90284398 with M/S.Sundaram Finance Ltd. was fully satisfied on 18 Dec 2020.
- Director Appointment
Ramasami Selvakumar was appointed as a Director was appointed as a Director on 02 Sep 2015 & has been associated with this company since 9 years 8 months .
- Director Appointment
Banumurthy Karthikeyan was appointed as a Director was appointed as a Director on 02 Sep 2015 & has been associated with this company since 9 years 8 months .
- Director Appointment
Kakkumperumal Ramasubramanian was appointed as a Director was appointed as a Director on 20 Mar 2006 & has been associated with this company since 19 years 1 month .
Frequently asked questions
What is the Incorporation or founding date of Mega Trends Ltd?
Mega Trends Ltd was incorporated on 25 Sep 1991.
What is authorized share capital and paid-up capital of Mega Trends Ltd?
The authorized share capital of Mega Trends Ltd is ₹ 1.00 Cr and paid-up capital is ₹ 7.50 M.
Who are the current board members & directors of Mega Trends Ltd?
Currently 3 directors are associated with Mega Trends Ltd.
- Kakkumperumal Ramasubramanian
- Ramasami Selvakumar
- Banumurthy Karthikeyan
What is the registered address of Mega Trends Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Mega Trends Ltd is New No. 6 Old 14 First Floor Sixth Cross Street Cit Colony Mylapore, India, Chennai, Tamil Nadu, 600004.
What is the corporate identification number (CIN) and company number of Mega Trends Ltd?
The corporate identification number (CIN) of Mega Trends Ltd is U72300TN1991PLC021434 and the company number is 021434 as per Ministry of Corporate Affairs (MCA).
What change has been observed in the net worth of Mega Trends Ltd, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Mega Trends Ltd has experienced an downturn of -30.43%.
What are the total open charges for Mega Trends Ltd?
As per the financial statements for fiscal Year 2021, The total open charges for Mega Trends Ltd amount to ₹ 2.11 Cr.
When was the last Balance Sheet of Mega Trends Ltd filed with the ROC?
The most recent Balance Sheet for Mega Trends Ltd was filed with the ROC on 31 Mar 2024.
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