Megamiles Bearing Cups Profile
Key Indicators
- Authorised Capital ₹ 6.00 Cr
- Paid Up Capital ₹ 5.19 Cr
- Company Age 35 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 54.99 Cr
- Satisfied Charges ₹ 12.07 Cr
- Revenue Growth 26.80%
- Profit Growth 281.52%
- Ebitda 55.64%
- Net Worth 36.60%
- Total Assets 7.96%
About Megamiles Bearing Cups
Megamiles Bearing Cups Private Limited (MBCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 January 1990 and has a history of 35 years and one month. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Machinery And Equipment 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 6.00 Cr and a paid-up capital of Rs 5.19 Cr.
The company currently has active open charges totaling ₹54.99 Cr. The company has closed loans amounting to ₹12.07 Cr, as per Ministry of Corporate Affairs (MCA) records.
Yadavanahalli Mahadev, Shivanna Rudraprasad, and Divakar Basappa serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U29130KA1990PTC010653
- Company No.
010653
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
05 Jan 1990
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Megamiles Bearing Cups?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Yadavanahalli Mahadev  | Managing Director | 05-Jan-1990 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Shivanna Rudraprasad | Director | 05-Jan-1990 | Current |
| Divakar Basappa | Director | 05-Jan-1990 | Current |
Financial Performance of Megamiles Bearing Cups.
Megamiles Bearing Cups Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 26.8% increase. The company also saw a substantial improvement in profitability, with a 281.52% increase in profit. The company's net worth Soared by an impressive increase of 36.6%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Megamiles Bearing Cups?
In 2022, Megamiles Bearing Cups had a promoter holding of 69.07% and a public holding of 30.93%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Megatechs Cold Forgings Private LimitedYadavanahalli Mahadev is a mutual person
Charges (Loans)
₹54.99 Cr
₹12.07 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 23.84 Cr
- Sidbi : 19.30 Cr
- Others : 9.50 Cr
- Hdfc Bank Limited : 2.35 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 May 2024 | Sidbi | ₹5.45 Cr | Open |
| 14 Dec 2023 | Sidbi | ₹3.00 Cr | Open |
| 01 Sep 2023 | Hdfc Bank Limited | ₹1.41 Cr | Open |
| 20 Apr 2023 | Hdfc Bank Limited | ₹2.66 M | Open |
| 13 Feb 2023 | Sidbi | ₹2.80 Cr | Open |
How Many Employees Work at Megamiles Bearing Cups?
Megamiles Bearing Cups has a workforce of 96 employees as of Apr 07, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Megamiles Bearing Cups, 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 Megamiles Bearing Cups'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.