Megamet Steels Private Limited

This company trades various types of waste and scrap, as well as steel and metal materials.

2007 | Mumbai, Maharashtra (India) | Active
Last Updated: October 23, 2024

Megamet Steels Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 3.60 M
  • Company Age 18 Year, 25 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 92.91 Cr
  • Satisfied Charges ₹ 10.25 Cr
  • Revenue Growth 2.07%
  • Profit Growth -9.36%
  • Ebitda -138.28%
  • Net Worth 24.94%
  • Total Assets 49.77%

About Megamet Steels

Megamet Steels Private Limited (MSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 January 2007 and has a history of 18 years. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Metals And Minerals 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 1.00 Cr and a paid-up capital of Rs 3.60 M.

The company currently has active open charges totaling ₹92.91 Cr. The company has closed loans amounting to ₹10.25 Cr, as per Ministry of Corporate Affairs (MCA) records.

Nitin Kagzi and Prachi Kagzi serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    megamet.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27310MH2007PTC167395

  • Company No.

    167395

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Jan 2007

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals

Who are the key members and board of directors at Megamet Steels?

Board Members (2)

NameDesignationAppointment DateStatus
Nitin Kagzi Country flag representing In Director 30-Jan-2007Current
Prachi Kagzi Country flag representing In Director 04-Oct-2012Current

Financial Performance of Megamet Steels.

Megamet Steels Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 2.07% increase. The company also saw a slight decrease in profitability, with a 9.36% decrease in profit. The company's net worth Soared by an impressive increase of 24.94%.

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
2.07%
Revenue from Operations
2.96%
Total Assets
49.77%
Profit or Loss
-9.36%
Net Worth
24.94%
EBITDA
-138.28%

What is the Ownership and Shareholding Structure of Megamet Steels?

In 2023, Megamet Steels 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

₹92.91 Cr

Satisfied Charges

₹10.25 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 62.10 Cr
  • Others : 21.81 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 9.00 Cr

Latest Charge Details

DateLenderAmountStatus
19 Apr 2024The Hongkong And Shanghai Banking Corporation Limited₹9.00 CrOpen
28 Mar 2022Others₹1.65 CrOpen
28 Mar 2022Others₹20.00 CrOpen
05 Nov 2019Others₹1.60 MOpen
20 Jul 2018Hdfc Bank Limited₹19.00 CrOpen

How Many Employees Work at Megamet Steels?

Unlock and access historical data on people associated with Megamet Steels, 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 Megamet Steels, 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 Megamet Steels'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 Megamet Steels

Recent activity within the organization

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 9.00 Cr with Charge ID 100921680 was registered on 19 Apr 2024.

    19 Apr 2024

  • Charges

    A charge with Others of Rs. 1.65 Cr registered on 28 Mar 2022 with Charge ID 100560511 was modified on 24 Jan 2024.

    24 Jan 2024

  • Charges

    A charge with Others of Rs. 20.00 Cr registered on 28 Mar 2022 with Charge ID 100560513 was modified on 24 Jan 2024.

    24 Jan 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 43.10 Cr registered on 25 Jun 2015 with Charge ID 10579109 was modified on 23 Nov 2023.

    23 Nov 2023

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

Frequently asked questions

  • Megamet Steels Private Limited was incorporated on 30 Jan 2007.

  • The authorized share capital of Megamet Steels Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 3.60 M.

  • Currently 2 directors are associated with Megamet Steels Private Limited.

    • Nitin Kishan Behari Kagzi
    • Prachi Nitin Kagzi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Megamet Steels Private Limited is 1110/1111 Embassy Centre Nariman Point, India, Mumbai, Maharashtra, 400021.

  • The corporate identification number (CIN) of Megamet Steels Private Limited is U27310MH2007PTC167395 and the company number is 167395 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Megamet Steels Private Limited is https://www.megamet.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Megamet Steels Private Limited has risen by 2.07%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Megamet Steels Private Limited has experienced an upsurge of 24.94%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Megamet Steels Private Limited amount to ₹ 92.91 Cr.

  • The most recent Balance Sheet for Megamet Steels Private Limited was filed with the ROC on 31 Mar 2023.

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