Megaplast India Profile
Key Indicators
- Authorised Capital ₹ 2.00 M
- Paid Up Capital ₹ 0.60 M
- Company Age 17 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 126.57 Cr
- Satisfied Charges ₹ 20.00 Cr
- Revenue Growth -2.26%
- Profit Growth -79.83%
- Ebitda -52.93%
- Net Worth 6.76%
- Total Assets -2.68%
About Megaplast India
Megaplast India Private Limited (MIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 May 2007 and has a history of 17 years and nine months. Its registered office is in Mumbai City, Maharashtra, India.
The Corporate was formerly known as Megaplast Packaging Private Limited. The Company is engaged in the Manufacturing 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 2.00 M and a paid-up capital of Rs 0.60 M.
The company currently has active open charges totaling ₹126.57 Cr. The company has closed loans amounting to ₹20.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sanjay Sharma, Gaurav Jain, and Satyapal Jain serve as directors at the Company.
Company Details
- Location
Mumbai City, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U25200MH2007PTC170641
- Company No.
170641
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
07 May 2007
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
What products or services does Megaplast India Private Limited offer?
Megaplast India Private Limited offers a wide range of products and services, including Packaging, Laminated & Zip Bags, Printed Plastic Bag, Packaging Films & Foils, PVC Film, Shopping Bags, Loop Handle Bag, Stretch Film, Plastic Bags, Plastic Film, Cling Film.
Who are the key members and board of directors at Megaplast India?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sanjay Sharma  | Whole-Time Director | 01-May-2014 | Current |
| Gaurav Jain | Director | 28-Aug-2012 | Current |
| Satyapal Jain | Whole-Time Director | 28-Aug-2012 | Current |
Financial Performance of Megaplast India.
Megaplast India Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 2.26% decrease. The company also saw a substantial fall in profitability, with a 79.83% decrease in profit. The company's net worth moved up by a moderate rise of 6.76%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Megaplast India?
In 2023, Megaplast India had a promoter holding of 99.99%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Nkgj Trading LlpGaurav Jain and Satyapal Jain are mutual person
- Nidhi Polyester Limited
Gaurav Jain and Satyapal Jain are mutual person
- Ample Realtors Private Limited
Gaurav Jain and Satyapal Jain are mutual person
Charges (Loans)
₹1,265.73 M
₹200.00 M
Charges Breakdown by Lending Institutions
- Others : 86.57 Cr
- Citi Bank N.A. : 20.00 Cr
- Yes Bank Limited : 20.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Aug 2023 | Others | ₹14.13 Cr | Open |
| 26 Apr 2023 | Others | ₹15.44 Cr | Open |
| 23 Sep 2021 | Others | ₹57.00 Cr | Open |
| 18 Jun 2019 | Citi Bank N.A. | ₹20.00 Cr | Open |
| 07 Dec 2015 | Yes Bank Limited | ₹20.00 Cr | Open |
How Many Employees Work at Megaplast India?
Megaplast India has a workforce of 493 employees as of Mar 23, 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 Megaplast India, 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 Megaplast India'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.
