Megastar Led Limited

Manufacturer and distributor of a wide range of LED products and accessories.

2004 | Delhi (India) | Active
Last Updated: October 23, 2024

Megastar Led Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.99 M
  • Company Age 21 Year, 12 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.38 Cr
  • Satisfied Charges ₹ 5.21 Cr
  • Revenue Growth 28.10%
  • Profit Growth 202.09%
  • Ebitda -30.34%
  • Net Worth 10.69%
  • Total Assets -4.66%

About Megastar Led

Megastar Led Limited (MLL) is a leading Public Limited Indian Non-Government Company incorporated in India on 19 January 2004 and has a history of 21 years. Its registered office is in Delhi, India.

The Corporate was formerly known as Bankomat Digital India Limited. The Company is engaged in the Consumer Electronics & Durables 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 0.99 M.

The company currently has active open charges totaling ₹4.38 Cr. The company has closed loans amounting to ₹5.21 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rakesh Bhatia, Megha Bhatia, and Sandeep Bhatia serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U29199DL2004PLC124165

  • Company No.

    124165

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    19 Jan 2004

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Consumer Electronics & Durables
Machinery and Equipment

What products or services does Megastar Led Limited offer?

Megastar Led Limited offers a wide range of products and services, including VFD, PLC, HMI & Control Equipments, Lighting Controllers, LED Displays, SMD LED Module, Enclosures & Cabinets, Outdoor Enclosure, Media Receiver, Video Processor, Outdoor LED Display, Indoor LED Display.

Who are the key members and board of directors at Megastar Led?

Board Members (3)

Name Designation Appointment Date Status
Rakesh Bhatia Country flag representing In Director 19-Jan-2004 Current
Megha Bhatia Country flag representing In Director 01-Aug-2023 Current
Sandeep Bhatia Country flag representing In Director 19-Jan-2004 Current

Financial Performance of Megastar Led.

Megastar Led Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 28.1% increase. The company also saw a substantial improvement in profitability, with a 202.09% increase in profit. The company's net worth Soared by an impressive increase of 10.69%.

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
28.10%
Revenue from Operations
26.94%
Total Assets
-4.66%
Profit or Loss
202.09%
Net Worth
10.69%
EBITDA
-30.34%

What is the Ownership and Shareholding Structure of Megastar Led?

In 2023, Megastar Led had a promoter holding of 97.46% and a public holding of 2.54%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹43.77 M

Satisfied Charges

₹52.09 M

Charges Breakdown by Lending Institutions

  • Canara Bank : 3.95 Cr
  • Others : 0.43 Cr

Latest Charge Details

Date Lender Amount Status
07 May 2024 Canara Bank ₹3.95 Cr Open
06 Apr 2023 Others ₹1.50 M Open
29 Jul 2020 Others ₹2.77 M Open
18 Oct 2018 Others ₹3.76 Cr Satisfied
16 Jan 2016 Canara Bank ₹1.30 Cr Satisfied

How Many Employees Work at Megastar Led?

Megastar Led has a workforce of 21 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Megastar Led, 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 Led'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 Megastar Led

Recent activity within the organization

  • Charges

    A charge registered on 18 Oct 2018 via Charge ID 100213668 with Others was fully satisfied on 21 Aug 2024.

    21 Aug 2024

  • Charges

    A charge with Canara Bank of Rs. 39.50 M registered on 07 May 2024 with Charge ID 100916222 was modified on 26 Jul 2024.

    26 Jul 2024

  • Charges

    A charge with Canara Bank amounted to Rs. 39.50 M with Charge ID 100916222 was registered on 07 May 2024.

    07 May 2024

  • Annual General Meeting

    Megastar Led Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Director Appointment

    Megha Bhatia was appointed as a Director was appointed as a Director on 01 Aug 2023 & has been associated with this company since 1 year 6 months .

    01 Aug 2023

  • Charges

    A charge with Others amounted to Rs. 1.50 M with Charge ID 100713607 was registered on 06 Apr 2023.

    06 Apr 2023

Frequently asked questions

  • Megastar Led Limited was incorporated on 19 Jan 2004.

  • The authorized share capital of Megastar Led Limited is ₹ 1.00 M and paid-up capital is ₹ 0.99 M.

  • Currently 3 directors are associated with Megastar Led Limited.

    • Rakesh Bhatia
    • Megha Bhatia
    • Sandeep Bhatia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Megastar Led Limited is 478, Aggarwal Cyber Plaza-2 Pitam Pura India, New Delhi, 110034.

  • The corporate identification number (CIN) of Megastar Led Limited is U29199DL2004PLC124165 and the company number is 124165 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Megastar Led Limited is https://www.megastarled.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Megastar Led Limited has risen by 28.10%.

  • As Per 2023 financial reports, 21 employees are currently employed by Megastar Led Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Megastar Led Limited has experienced an upsurge of 10.69%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Megastar Led Limited amount to ₹ 4.38 Cr.

  • The most recent Balance Sheet for Megastar Led Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Industrial Products Retail & Distribution