Megamiles Bearing Cups Profile
Key Indicators
- Authorised Capital ₹ 6.00 Cr
- Paid Up Capital ₹ 5.19 Cr
- Company Age 35 Year, 4 Months
- 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 four months. 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
Machinery and Equipment
Megamiles Bearing Cups Private Limited
Explore comprehensive data for Megamiles Bearing Cups Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
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
- Profit and Loss
- Cash Flow
- Ratios
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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)
Open Charges
₹54.99 Cr
Satisfied Charges
₹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.
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.
- 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.
- Charges
A charge with Sidbi amounted to Rs. 3.00 Cr with Charge ID 100842680 was registered on 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.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.41 Cr with Charge ID 100777041 was registered on 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.
Frequently asked questions
What is the Incorporation or founding date of Megamiles Bearing Cups Private Limited?
Megamiles Bearing Cups Private Limited was incorporated on 05 Jan 1990.
What is authorized share capital and paid-up capital of Megamiles Bearing Cups Private Limited?
The authorized share capital of Megamiles Bearing Cups Private Limited is ₹ 6.00 Cr and paid-up capital is ₹ 5.19 Cr.
Who are the current board members & directors of Megamiles Bearing Cups Private Limited?
Currently 3 directors are associated with Megamiles Bearing Cups Private Limited.
- Yadavanahalli Shivanna Mahadev
- Shivanna Rudraprasad
- Divakar Sadashivamurthy Basappa
What is the registered address of Megamiles Bearing Cups Private Limited?
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.
What is the corporate identification number (CIN) and company number of Megamiles Bearing Cups Private Limited?
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).
What is the official website of Megamiles Bearing Cups Private Limited?
The Official website of Megamiles Bearing Cups Private Limited is https://www.megamilesgroup.com
What has been the recent revenue trend for Megamiles Bearing Cups Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Megamiles Bearing Cups Private Limited has risen by 26.80%.
How many employees does Megamiles Bearing Cups Private Limited currently have?
As Per 2023 financial reports, 96 employees are currently employed by Megamiles Bearing Cups Private Limited.
What change has been observed in the net worth of Megamiles Bearing Cups Private Limited, and by what percentage?
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%.
What are the total open charges for Megamiles Bearing Cups Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Megamiles Bearing Cups Private Limited amount to ₹ 54.99 Cr.
When was the last Balance Sheet of Megamiles Bearing Cups Private Limited filed with the ROC?
The most recent Balance Sheet for Megamiles Bearing Cups Private Limited was filed with the ROC on 31 Mar 2023.
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