Megastar Foods Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 11.29 Cr
- Company Age 13 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 258.86 Cr
- Satisfied Charges ₹ 70.55 Cr
- Revenue Growth 44.83%
- Profit Growth 82.33%
- Ebitda 78.53%
- Net Worth 27.17%
- Total Assets 46.88%
About Megastar Foods
Megastar Foods Limited (MFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 28 November 2011 and has a history of 13 years and five months. Its registered office is in Chandigarh, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 541352 and on the National Stock Exchange(NSE) under MEGASTAR.
The Corporate was formerly known as Megastar Foods Private Limited. The Company is engaged in the Food And Beverages 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 15.00 Cr and a paid-up capital of Rs 11.29 Cr.
The company currently has active open charges totaling ₹258.86 Cr. The company has closed loans amounting to ₹70.55 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Megastar Foods Limited India are Manisha Gupta as CFO and Deepali Chhabra as Company Secretary. Rajiv Kathuria, Vikas Goel, Vikas Gupta, and Three other members serve as directors at the Company.
Company Details
- Location
Chandigarh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
Industry
Food and Beverages
What products or services does Megastar Foods Limited offer?
Megastar Foods Limited offers a wide range of products and services, including Semolina, Farina, Flours, Maida, Wheat Flour, Organic Wheat Flour.
Megastar Foods Limited
Explore comprehensive data for Megastar Foods Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Megastar Foods?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vikas Goel  | Managing Director | 28-Nov-2011 | Current |
| Manisha Gupta | CFO | 12-Feb-2020 | Current |
| Deepali Chhabra | Company Secretary | 12-Jan-2024 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vikas Gupta | Whole-Time Director | 28-Nov-2011 | Current |
| Rajiv Kathuria | Director | 03-Apr-2023 | Current |
| Prabhat Kumar | Director | 04-Apr-2018 | Current |
| Mudit Goyal | Whole-Time Director | 31-Mar-2018 | Current |
| Savita Bansal | Director | 04-Apr-2018 | Current |
Financial Performance of Megastar Foods.
Megastar Foods Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 44.83% increase. The company also saw a substantial improvement in profitability, with a 82.33% increase in profit. The company's net worth Soared by an impressive increase of 27.17%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Megastar Foods?
In 2022, Megastar Foods had a promoter holding of 68.39% and a public holding of 31.60%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Megapacific Ventures Private LimitedVikas Goel, Vikas Gupta and 1 more are mutual person
- Megagreen Foods Llp
Vikas Gupta is a mutual person
- Roller Flour Millers Federation Of India.
Mudit Goyal is a mutual person
Charges (Loans)
Open Charges
₹258.86 Cr
Satisfied Charges
₹70.55 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 194.46 Cr
- Citi Bank N.A. : 64.00 Cr
- Others : 0.40 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Aug 2024 | Hdfc Bank Limited | ₹2.32 Cr | Open |
| 17 Nov 2023 | Citi Bank N.A. | ₹17.00 Cr | Open |
| 11 Jul 2023 | Hdfc Bank Limited | ₹2.10 M | Open |
| 11 Apr 2022 | Citi Bank N.A. | ₹7.00 Cr | Open |
| 11 Apr 2022 | Citi Bank N.A. | ₹40.00 Cr | Open |
How Many Employees Work at Megastar Foods?
Megastar Foods has a workforce of 136 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 Megastar Foods, 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 Megastar Foods'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 Megastar Foods
Recent activity within the organization
- Charges
A charge with Hdfc Bank Limited of Rs. 91.24 Cr registered on 30 Dec 2019 with Charge ID 100316978 was modified on 31 Dec 2024.
- Charges
A charge with Citi Bank N.A. of Rs. 40.00 Cr registered on 11 Apr 2022 with Charge ID 100563508 was modified on 06 Dec 2024.
- Annual General Meeting
Megastar Foods Limited last Annual general meeting of members was held on 20 Sep 2024 as per latest MCA records.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 2.32 Cr with Charge ID 100962935 was registered on 12 Aug 2024.
- Charges
A charge with Hdfc Bank Limited of Rs. 100.00 Cr registered on 18 Feb 2021 with Charge ID 100424400 was modified on 29 May 2024.
- Charges
A charge with Citi Bank N.A. of Rs. 17.00 Cr registered on 17 Nov 2023 with Charge ID 100830758 was modified on 06 Apr 2024.
Recent News, Updates & Announcement
- Megastar Foods Set To Raise INR 42.38 Crore Through Preferential Share Issuance - Indian Food.
Megastar Foods Ltd, a food processing company, intends to generate INR 42.38 crore by issuing preferential shares. The funds raised will be utilized to.
Frequently asked questions
What is the Incorporation or founding date of Megastar Foods Limited?
Megastar Foods Limited was incorporated on 28 Nov 2011.
What is authorized share capital and paid-up capital of Megastar Foods Limited?
The authorized share capital of Megastar Foods Limited is ₹ 15.00 Cr and paid-up capital is ₹ 11.29 Cr.
Who are the current board members & directors of Megastar Foods Limited?
Currently 8 directors are associated with Megastar Foods Limited.
- Rajiv Kathuria
- Vikas Goel
- Vikas Gupta
- Prabhat Kumar
- Mudit Goyal
- Manisha Gupta
- Deepali Chhabra
- Savita Bansal
What is the registered address of Megastar Foods Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Megastar Foods Limited is Plot No. 807 Industrial Area, Phase-Ii India, Chandigarh, 160102.
What is the corporate identification number (CIN) and company number of Megastar Foods Limited?
The corporate identification number (CIN) of Megastar Foods Limited is L15311CH2011PLC033393 and the company number is 033393 as per Ministry of Corporate Affairs (MCA).
Is Megastar Foods Limited registered with any stock exchange in India?
Yes, Megastar Foods Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): MEGASTAR.
What is the official website of Megastar Foods Limited?
The Official website of Megastar Foods Limited is https://www.megastarfoods.com
What has been the recent revenue trend for Megastar Foods Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Megastar Foods Limited has risen by 44.83%.
How many employees does Megastar Foods Limited currently have?
As Per 2023 financial reports, 136 employees are currently employed by Megastar Foods Limited.
What change has been observed in the net worth of Megastar Foods Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Megastar Foods Limited has experienced an upsurge of 27.17%.
What are the total open charges for Megastar Foods Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Megastar Foods Limited amount to ₹ 258.86 Cr.
When was the last Balance Sheet of Megastar Foods Limited filed with the ROC?
The most recent Balance Sheet for Megastar Foods Limited was filed with the ROC on 31 Mar 2024.
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