Megasource Services Private Limited

Manpower placement and recruitment services for various industries and organizations, including security and office management.

2018 | Bangaluru, Karnataka (India) | Active
Last Updated:

Megasource Services Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 6 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.00 Cr
  • Revenue Growth 49.91%
  • Profit Growth 594.03%
  • Ebitda 620.33%
  • Net Worth 491.06%
  • Total Assets 142.25%

About Megasource Services

Megasource Services Private Limited (MSPL) is a Private Limited Indian Non-Government Company incorporated in India on 27 November 2018 (Six years and five months 6 days old ). Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Business Outsourcing 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 1.00 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹1.00 Cr.

Aruna Jain and Jagruthi Jain 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

    U74999KA2018PTC118888

  • Company No.

    118888

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Nov 2018

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Business Outsourcing
Company report

Megasource Services Private Limited

Explore comprehensive data for Megasource Services Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Megasource Services?

Board Members (2)

NameDesignationAppointment DateStatus
Aruna Jain Country flag representing In Director 27-Nov-2018Current
Jagruthi Jain Country flag representing In Director 27-Nov-2018Current

Financial Performance of Megasource Services.

Megasource Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 49.91% increase. The company also saw a substantial improvement in profitability, with a 594.03% increase in profit. The company's net worth Soared by an impressive increase of 491.06%.

Megasource Services revenue growth over time
Megasource Services 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
49.91%
Revenue from Operations
50.33%
Total Assets
142.25%
Profit or Loss
594.03%
Net Worth
491.06%
EBITDA
620.33%

What is the Ownership and Shareholding Structure of Megasource Services?

Unlock access to Megasource Services's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹10.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 1.00 Cr

Latest Charge Details

DateLenderAmountStatus
07 Feb 2022Axis Bank Limited₹1.00 CrOpen

How Many Employees Work at Megasource Services?

Megasource Services has a workforce of 726 employees as of Mar 26, 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.

Employee growth trends for Megasource Services Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Megasource Services, 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 Megasource Services'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 Megasource Services

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Megasource Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 10.00 M with Charge ID 100533533 was registered on 07 Feb 2022.

  • Director Appointment

    Jagruthi Jain was appointed as a Director was appointed as a Director on 27 Nov 2018 & has been associated with this company since 6 years 5 months .

  • Director Appointment

    Aruna Devi Jain was appointed as a Director was appointed as a Director on 27 Nov 2018 & has been associated with this company since 6 years 5 months .

  • Company Incorporation

    Megasource Services Private Limited was registered on 27 Nov 2018 with Roc Bangalore & aged 6 years 5 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Megasource Services Private Limited?

    Megasource Services Private Limited was incorporated on 27 Nov 2018.

  • What is authorized share capital and paid-up capital of Megasource Services Private Limited?

    The authorized share capital of Megasource Services Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Megasource Services Private Limited?

    Currently 2 directors are associated with Megasource Services Private Limited.

    • Aruna Devi Jain
    • Jagruthi Jain
  • What is the registered address of Megasource Services Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Megasource Services Private Limited is No 17 3Rd Floor, Lalbagh Road India, Bangalore South, Karnataka, 560027.

  • What is the corporate identification number (CIN) and company number of Megasource Services Private Limited?

    The corporate identification number (CIN) of Megasource Services Private Limited is U74999KA2018PTC118888 and the company number is 118888 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Megasource Services Private Limited?

    The Official website of Megasource Services Private Limited is https://www.megasource.in

  • What has been the recent revenue trend for Megasource Services Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Megasource Services Private Limited has risen by 49.91%.

  • How many employees does Megasource Services Private Limited currently have?

    As Per 2023 financial reports, 726 employees are currently employed by Megasource Services Private Limited.

  • What change has been observed in the net worth of Megasource Services Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Megasource Services Private Limited has experienced an upsurge of 491.06%.

  • What are the total open charges for Megasource Services Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Megasource Services Private Limited amount to ₹ 1.00 Cr.

  • When was the last Balance Sheet of Megasource Services Private Limited filed with the ROC?

    The most recent Balance Sheet for Megasource Services Private Limited was filed with the ROC on 31 Mar 2023.

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