Megahertz Systems Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 1.50 Cr
- Company Age 21 Year, 4 Months
- Last Filing with ROC 31 Mar 2018
- Open Charges ₹ 10.00 Cr
- Satisfied Charges ₹ 9.85 Cr
- Revenue Growth -99.53%
- Profit Growth 70.04%
- Ebitda 78.10%
- Net Worth -0.14%
- Total Assets -22.68%
About Megahertz Systems
Megahertz Systems Private Limited (MSPL) is a Private Limited Indian Non-Government Company incorporated in India on 25 November 2003 and has a history of 21 years and four months. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Consumer Electronics & Durables Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2018. It's a company limited by shares with an authorized capital of Rs 1.50 Cr and a paid-up capital of Rs 1.50 Cr.
The company currently has active open charges totaling ₹10.00 Cr. The company has closed loans amounting to ₹9.85 Cr, as per Ministry of Corporate Affairs (MCA) records.
Keni Shah, Nimesh Shah, Ramesh Vora, and Two other members 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
U72200MH2003PTC143284
- Company No.
143284
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
25 Nov 2003
- Date of AGM
30 Sep 2018
- Date of Balance Sheet
31 Mar 2018
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Consumer Electronics & Durables
Who are the key members and board of directors at Megahertz Systems?
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ramesh Vora  | Director | 25-Nov-2003 | Current |
| Keni Shah | Director | 25-Nov-2003 | Current |
| Nimesh Shah | Director | 25-Nov-2003 | Current |
| Priti Sangani | Director | 25-Nov-2003 | Current |
| Vipul Sangani | Director | 25-Nov-2003 | Current |
Financial Performance of Megahertz Systems.
Megahertz Systems Private Limited, for the financial year ended 2018, experienced significant reduction in revenue, with a 99.53% decrease. The company also saw a substantial improvement in profitability, with a 70.04% increase in profit. The company's net worth dipped by a decrease of 0.14%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations | |||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Megahertz Systems?
In 2018, Megahertz Systems had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹10.00 Cr
Satisfied Charges
₹9.85 Cr
Charges Breakdown by Lending Institutions
- Asset Reconstruction Company (India) Limited : 7.00 Cr
- Citibank N. A. : 3.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Aug 2011 | Asset Reconstruction Company (India) Limited | ₹7.00 Cr | Open |
| 31 Dec 2010 | Citibank N. A. | ₹3.00 Cr | Open |
| 11 Mar 2010 | The Saraswat Co-Operative Bank Limited | ₹5.00 M | Satisfied |
| 04 Feb 2010 | The Saraswat Co-Operative Bank Ltd. | ₹6.00 Cr | Satisfied |
| 30 May 2005 | Union Bank Of India | ₹3.25 Cr | Satisfied |
How Many Employees Work at Megahertz Systems?
Unlock and access historical data on people associated with Megahertz Systems, 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 Megahertz Systems, 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 Megahertz Systems'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 Megahertz Systems
Recent activity within the organization
- Annual General Meeting
Megahertz Systems Private Limited last Annual general meeting of members was held on 30 Sep 2018 as per latest MCA records.
- Balance Sheet
Megahertz Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Mumbai.
- Charges
A charge with Asset Reconstruction Company (India) Limited of Rs. 7.00 Cr registered on 30 Aug 2011 with Charge ID 10309222 was modified on 30 Apr 2015.
- Charges
A charge registered on 11 Mar 2010 via Charge ID 10211222 with The Saraswat Co-Operative Bank Limited was fully satisfied on 26 Sep 2011.
- Charges
A charge registered on 04 Feb 2010 via Charge ID 10202338 with The Saraswat Co-Operative Bank Ltd. was fully satisfied on 26 Sep 2011.
- Charges
A charge with Asset Reconstruction Company (India) Limited amounted to Rs. 7.00 Cr with Charge ID 10309222 was registered on 30 Aug 2011.
Frequently asked questions
What is the Incorporation or founding date of Megahertz Systems Private Limited?
Megahertz Systems Private Limited was incorporated on 25 Nov 2003.
What is authorized share capital and paid-up capital of Megahertz Systems Private Limited?
The authorized share capital of Megahertz Systems Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.50 Cr.
Who are the current board members & directors of Megahertz Systems Private Limited?
Currently 5 directors are associated with Megahertz Systems Private Limited.
- Keni Nimesh Shah
- Nimesh Bhagirath Shah
- Ramesh Veljibhai Vora
- Priti Vipul Sangani
- Vipul Bhikalal Sangani
What is the registered address of Megahertz Systems Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Megahertz Systems Private Limited is 251/253 Tardeo Courtnear Bhatia Hospital Road India, Mumbai, Maharashtra, 400007.
What is the corporate identification number (CIN) and company number of Megahertz Systems Private Limited?
The corporate identification number (CIN) of Megahertz Systems Private Limited is U72200MH2003PTC143284 and the company number is 143284 as per Ministry of Corporate Affairs (MCA).
What is the official website of Megahertz Systems Private Limited?
The Official website of Megahertz Systems Private Limited is https://www.megahertzindia.com
What has been the recent revenue trend for Megahertz Systems Private Limited?
According to the financial reports for the fiscal year 2018, the revenue trend for Megahertz Systems Private Limited has fallen by -99.53%.
What change has been observed in the net worth of Megahertz Systems Private Limited, and by what percentage?
The financial reports for the fiscal year 2018 indicates that The net worth of Megahertz Systems Private Limited has experienced an downturn of -0.14%.
What are the total open charges for Megahertz Systems Private Limited?
As per the financial statements for fiscal Year 2018, The total open charges for Megahertz Systems Private Limited amount to ₹ 10.00 Cr.
When was the last Balance Sheet of Megahertz Systems Private Limited filed with the ROC?
The most recent Balance Sheet for Megahertz Systems Private Limited was filed with the ROC on 31 Mar 2018.