Megasoft Information Systems Private Limited

Provides IT services and products to various industries globally since 1996.

1996 | Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

Megasoft Information Systems Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 0.51 M
  • Company Age 28 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.54 Cr
  • Satisfied Charges ₹ 5.00 M
  • Revenue Growth -16.97%
  • Profit Growth -35.42%
  • Ebitda -362.47%
  • Net Worth 2.54%
  • Total Assets -4.91%

About Megasoft Information Systems

Megasoft Information Systems Private Limited (MISPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 July 1996 and has a history of 28 years and seven months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 0.51 M.

The company currently has active open charges totaling ₹3.54 Cr. The company has closed loans amounting to ₹5.00 M, as per Ministry of Corporate Affairs (MCA) records.

Dinesh Shetty and Asghar Naqvi serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    megasoftinfo.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72200MH1996PTC101001

  • Company No.

    101001

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Jul 1996

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Information Technology

Who are the key members and board of directors at Megasoft Information Systems?

Financial Performance of Megasoft Information Systems.

Megasoft Information Systems Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 16.97% decrease. The company also saw a substantial fall in profitability, with a 35.42% decrease in profit. The company's net worth moved up by a moderate rise of 2.54%.

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
-16.97%
Revenue from Operations
-28.83%
Total Assets
-4.91%
Profit or Loss
-35.42%
Net Worth
2.54%
EBITDA
-362.47%

What is the Ownership and Shareholding Structure of Megasoft Information Systems?

In 2023, Megasoft Information Systems 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

₹3.54 Cr

Satisfied Charges

₹0.50 Cr

Charges Breakdown by Lending Institutions

  • Others : 2.75 Cr
  • Karnataka Bank Ltd. : 0.46 Cr
  • Bank Of India : 0.33 Cr

Latest Charge Details

DateLenderAmountStatus
05 Feb 2024Others₹2.00 CrOpen
13 Jul 2023Bank Of India₹3.25 MOpen
30 Jan 2021Karnataka Bank Ltd.₹2.60 MOpen
25 Jun 2009Others₹7.50 MOpen
25 Jun 2009Karnataka Bank Ltd.₹2.00 MOpen

How Many Employees Work at Megasoft Information Systems?

Megasoft Information Systems has a workforce of 70 employees as of Apr 09, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Megasoft Information Systems, 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 Megasoft Information Systems'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 Megasoft Information Systems

Recent activity within the organization

  • Annual General Meeting

    Megasoft Information Systems Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Asghar Abbas Naqvi was appointed as a Director was appointed as a Director on 06 Jun 2024 & has been associated with this company since 8 months 22 days .

    06 Jun 2024

  • Balance Sheet

    Megasoft Information Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100898768 was registered on 05 Feb 2024.

    05 Feb 2024

  • Charges

    A charge with Bank Of India amounted to Rs. 0.33 Cr with Charge ID 100741937 was registered on 13 Jul 2023.

    13 Jul 2023

  • Charges

    A charge registered on 30 Dec 2013 via Charge ID 10473627 with Punjab And Sindh Bank - Charbagh Branch was fully satisfied on 01 May 2023.

    01 May 2023

Frequently asked questions

  • What is the Incorporation or founding date of Megasoft Information Systems Private Limited?

    Megasoft Information Systems Private Limited was incorporated on 12 Jul 1996.

  • What is authorized share capital and paid-up capital of Megasoft Information Systems Private Limited?

    The authorized share capital of Megasoft Information Systems Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 0.51 M.

  • Who are the current board members & directors of Megasoft Information Systems Private Limited?

    Currently 2 directors are associated with Megasoft Information Systems Private Limited.

    • Dinesh Bhoja Shetty
    • Asghar Abbas Naqvi
  • What is the registered address of Megasoft Information Systems Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Megasoft Information Systems Private Limited is House 36/05 Bhansali Bhavan Plot 36 10Th Road Jvpd Scheme, Vile Parle West India, Mumbai, Maharashtra, 400056.

  • What is the corporate identification number (CIN) and company number of Megasoft Information Systems Private Limited?

    The corporate identification number (CIN) of Megasoft Information Systems Private Limited is U72200MH1996PTC101001 and the company number is 101001 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Megasoft Information Systems Private Limited?

    The Official website of Megasoft Information Systems Private Limited is https://www.megasoftinfo.com

  • What has been the recent revenue trend for Megasoft Information Systems Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Megasoft Information Systems Private Limited has fallen by -16.97%.

  • How many employees does Megasoft Information Systems Private Limited currently have?

    As Per 2023 financial reports, 70 employees are currently employed by Megasoft Information Systems Private Limited.

  • What change has been observed in the net worth of Megasoft Information Systems Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Megasoft Information Systems Private Limited has experienced an upsurge of 2.54%.

  • What are the total open charges for Megasoft Information Systems Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Megasoft Information Systems Private Limited amount to ₹ 3.54 Cr.

  • When was the last Balance Sheet of Megasoft Information Systems Private Limited filed with the ROC?

    The most recent Balance Sheet for Megasoft Information Systems Private Limited was filed with the ROC on 31 Mar 2024.

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