Mega Trends Ltd

IT design, development, and hardware/software sales for businesses. Established in 1991 in Chennai.

1991 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 13, 2024

Mega Trends Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 7.50 M
  • Company Age 33 Year, 4 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 four 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

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

Board Members (3)

Name Designation Appointment Date Status
Kakkumperumal Ramasubramanian Country flag representing In Director 20-Mar-2006 Current
Ramasami Selvakumar Country flag representing In Director 02-Sep-2015 Current
Banumurthy Karthikeyan Country flag representing In 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%.

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
Revenue from Operations
Total Assets
-39.12%
Profit or Loss
82.59%
Net Worth
-30.43%
EBITDA
83.28%

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.

Shareholding Indicator graph

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    30 Sep 2024

  • Balance Sheet

    Mega Trends Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • 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.

    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 5 months .

    02 Sep 2015

  • 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 5 months .

    02 Sep 2015

  • 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 18 years 10 months .

    20 Mar 2006

Frequently asked questions

  • Mega Trends Ltd was incorporated on 25 Sep 1991.

  • The authorized share capital of Mega Trends Ltd is ₹ 1.00 Cr and paid-up capital is ₹ 7.50 M.

  • Currently 3 directors are associated with Mega Trends Ltd.

    • Kakkumperumal Ramasubramanian
    • Ramasami Selvakumar
    • Banumurthy Karthikeyan
  • 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.

  • The corporate identification number (CIN) of Mega Trends Ltd is U72300TN1991PLC021434 and the company number is 021434 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2021 indicates that The net worth of Mega Trends Ltd has experienced an downturn of -30.43%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Mega Trends Ltd amount to ₹ 2.11 Cr.

  • The most recent Balance Sheet for Mega Trends Ltd was filed with the ROC on 31 Mar 2024.

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