Megamiles Bearing Cups Private Limited logo

Megamiles Bearing Cups Private Limited

Manufacturer of automotive components including bearing cups, shaft components, and starter motor components.
1990 | Bangaluru, Karnataka (India) | Active

Last Updated:

November 16, 2024
HomeCompanyMegamiles Bearing Cups Private Limited

Who are the key members and board of directors at Megamiles Bearing Cups?

Executive Team (1)

NameDesignationAppointment DateStatus
Yadavanahalli Mahadev InManaging Director05-Jan-1990Current

Board Members(2)

NameDesignationAppointment DateStatus
Shivanna Rudraprasad In Director 05-Jan-1990Current
Divakar Basappa In Director 05-Jan-1990Current

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%.

Revenue Growth Graph
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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
26.80%
Revenue from Operations
24.19%
Total Assets
7.96%
Profit or Loss
281.52%
Net Worth
36.60%
EBITDA
55.64%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹54.99 Cr

₹12.07 Cr

LenderAmountStatus

Sidbi

Creation Date: 29 May 2024
₹5.45 CrOpen

Sidbi

Creation Date: 14 Dec 2023
₹3.00 CrOpen

Hdfc Bank Limited

Creation Date: 01 Sep 2023
₹1.41 CrOpen

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.

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Latest Updates, News, and FAQs on Megamiles Bearing Cups

Recent activity within the organization

  • Charges

    A charge with Sidbi amounted to Rs. 5.45 Cr with Charge ID 100935415 was registered on 29 May 2024.

    29 May 2024

  • Charges

    A charge with State Bank Of India of Rs. 23.79 Cr registered on 02 Feb 2000 with Charge ID 90195504 was modified on 19 Apr 2024.

    19 Apr 2024

  • Charges

    A charge with Sidbi amounted to Rs. 3.00 Cr with Charge ID 100842680 was registered on 14 Dec 2023.

    14 Dec 2023

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.41 Cr with Charge ID 100777041 was registered on 01 Sep 2023.

    01 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.27 Cr with Charge ID 100724613 was registered on 20 Apr 2023.

    20 Apr 2023

Frequently asked questions

  • Megamiles Bearing Cups Private Limited was incorporated on 05 Jan 1990.

  • The authorized share capital of Megamiles Bearing Cups Private Limited is ₹ 6.00 Cr and paid-up capital is ₹ 5.19 Cr.

  • Currently 3 directors are associated with Megamiles Bearing Cups Private Limited.

    • Yadavanahalli Shivanna Mahadev
    • Shivanna Rudraprasad
    • Divakar Sadashivamurthy Basappa
  • As per Ministry of Corporate Affairs (Mca), the registered address of Megamiles Bearing Cups Private Limited is 85 C2 5Th Road Kiadb Industrial Area Anekal Taluk, Jigani 1St Phase India, Bangalore, Karnataka, 562106.

  • The corporate identification number (CIN) of Megamiles Bearing Cups Private Limited is U29130KA1990PTC010653 and the company number is 010653 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Megamiles Bearing Cups Private Limited is https://www.megamilesgroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Megamiles Bearing Cups Private Limited has risen by 26.80%.

  • As Per 2023 financial reports, 96 employees are currently employed by Megamiles Bearing Cups Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Megamiles Bearing Cups Private Limited has experienced an upsurge of 36.60%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Megamiles Bearing Cups Private Limited amount to ₹ 54.99 Cr.

  • The most recent Balance Sheet for Megamiles Bearing Cups Private Limited was filed with the ROC on 31 Mar 2023.

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