Megasoft Limited

Mobile technology company specializing in real-time transactions, payments, and IoT solutions.

1999 | Chennai, Tamil Nadu (India) | Active
Last Updated: January 04, 2025

Megasoft Profile

Key Indicators

  • Authorised Capital ₹ 200.00 Cr
  • Paid Up Capital ₹ 73.77 Cr
  • Company Age 25 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 159.78 Cr
  • Satisfied Charges ₹ 282.37 Cr
  • Revenue Growth -13.10%
  • Profit Growth 149.20%
  • Ebitda -70.44%
  • Net Worth 0.89%
  • Total Assets -4.30%

About Megasoft

Megasoft Limited (ML) is a leading Public Limited Indian Non-Government Company incorporated in India on 29 June 1999 and has a history of 25 years and seven months. Its registered office is in Chennai, Tamil Nadu, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532408 and on the National Stock Exchange(NSE) under BE : MEGASOFT.

The Company is engaged in the Telecom 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 200.00 Cr and a paid-up capital of Rs 73.77 Cr.

The company currently has active open charges totaling ₹159.78 Cr. The company has closed loans amounting to ₹282.37 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Megasoft Limited India are Thakur Singh as Company Secretary, Sunilkumar Kalidindi as Ceo, and Shridhar Thathachary as Cfo. Krishna Yeachuri, Anish Mathew, Leona Ambuja, and Three other members serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    megasoft.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L24100TN1999PLC042730

  • Company No.

    042730

  • Stock Symbol

    BSE : 532408 NSE : BE : MEGASOFT

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    29 Jun 1999

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Chennai

Industry

Telecom

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

Executive Team (3)

NameDesignationAppointment DateStatus
Thakur Singh Country flag representing In Company Secretary26-Sep-2024Current
Sunilkumar Kalidindi CEO10-Dec-2021Current
Shridhar Thathachary Country flag representing In CFO11-Aug-2015Current

Board Members (5)

NameDesignationAppointment DateStatus
Sivalenka Vijay Country flag representing In Director 29-Sep-2020Current
Krishna Yeachuri Country flag representing In Director 31-Dec-2022Current
Anish Mathew Country flag representing In Director 31-Jan-2009Current
Leona Ambuja Country flag representing In Director 31-Mar-2015Current
Suryanarayana Nandyala Country flag representing In Director 24-Dec-2021Current

Financial Performance of Megasoft.

Megasoft Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 13.1% decrease. The company also saw a substantial improvement in profitability, with a 149.2% increase in profit. The company's net worth moved up by a moderate rise of 0.89%.

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
-13.10%
Revenue from Operations
-19.06%
Total Assets
-4.30%
Profit or Loss
149.20%
Net Worth
0.89%
EBITDA
-70.44%

What is the Ownership and Shareholding Structure of Megasoft?

In 2021, Megasoft had a public holding of 100.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹159.78 Cr

Satisfied Charges

₹282.37 Cr

Charges Breakdown by Lending Institutions

  • Others : 158.00 Cr
  • Axis Bank Limited : 1.78 Cr

Latest Charge Details

DateLenderAmountStatus
14 Jun 2023Others₹7.00 CrOpen
28 Mar 2023Others₹1.00 CrOpen
23 Mar 2022Others₹150.00 CrOpen
01 Nov 2021Axis Bank Limited₹1.78 CrOpen
10 Nov 2012Axis Bank Limited₹27.00 CrSatisfied

How Many Employees Work at Megasoft?

Megasoft has a workforce of 8 employees as of Apr 01, 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, 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'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

Recent activity within the organization

  • Annual General Meeting

    Megasoft Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Director Appointment

    Thakur Vishal Singh was appointed as a Company Secretary was appointed as a Company Secretary on 26 Sep 2024 & has been associated with this company since 4 months 26 days .

    26 Sep 2024

  • Balance Sheet

    Megasoft Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 7.00 Cr with Charge ID 100789498 was registered on 14 Jun 2023.

    14 Jun 2023

  • Charges

    A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100694333 was registered on 28 Mar 2023.

    28 Mar 2023

  • Director Appointment

    Krishna Yeachuri was appointed as a Director was appointed as a Director on 31 Dec 2022 & has been associated with this company since 2 years 1 month .

    31 Dec 2022

Frequently asked questions

  • Megasoft Limited was incorporated on 29 Jun 1999.

  • The authorized share capital of Megasoft Limited is ₹ 200.00 Cr and paid-up capital is ₹ 73.77 Cr.

  • Currently 9 directors are associated with Megasoft Limited.

    • Krishna Yeachuri
    • Anish Mathew
    • Leona Ambuja
    • Thakur Vishal Singh
    • Sunilkumar Kalidindi
    • Shridhar Thathachary
    • Sivalenka Kalyan Vijay
    • Sunilkumar Kalidindi
    • Suryanarayana Raju Nandyala
  • As per Ministry of Corporate Affairs (Mca), the registered address of Megasoft Limited is N0.85 Kutchery Road Mylapore, India, Chennai, Tamil Nadu, 600004.

  • The corporate identification number (CIN) of Megasoft Limited is L24100TN1999PLC042730 and the company number is 042730 as per Ministry of Corporate Affairs (MCA).

  • Yes, Megasoft Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): BE : MEGASOFT.

  • The Official website of Megasoft Limited is https://www.megasoft.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Megasoft Limited has fallen by -13.10%.

  • As Per 2021 financial reports, 8 employees are currently employed by Megasoft Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Megasoft Limited has experienced an upsurge of 0.89%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Megasoft Limited amount to ₹ 159.78 Cr.

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

Similar Companies Based on Telecom Equipment & Tech Solutions