Megsoft Business Solutions Private Limited

Software outsourcing and development company providing analysis, design, consultation, BPO, and management services.

2014 | Madurai, Tamil Nadu (India) | Active
Last Updated: December 15, 2024

Megsoft Business Solutions Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.30 M
  • Company Age 10 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 30.08%
  • Profit Growth 104.90%
  • Ebitda 48.29%
  • Net Worth 42.73%
  • Total Assets 24.31%

About Megsoft Business Solutions

Megsoft Business Solutions Private Limited (MBSPL) is a Private Limited Indian Non-Government Company incorporated in India on 24 July 2014 and has a history of Ten years and seven months. Its registered office is in Madurai, Tamil Nadu, 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 M and a paid-up capital of Rs 0.30 M, as per Ministry of Corporate Affairs (MCA) records.

Megaraj Sundar and Sundar Amutha serve as directors at the Company.

Company Details

  • Location

    Madurai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    megsoft.co.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72300TN2014PTC096659

  • Company No.

    096659

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Jul 2014

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Information Technology

What products or services does Megsoft Business Solutions Private Limited offer?

Megsoft Business Solutions Private Limited offers a wide range of products and services, including Software Consulting Service, Bulk SMS Service, SMS Gateway, Marketing Services & Consultants, Sales Support Services.

Who are the key members and board of directors at Megsoft Business Solutions?

Executive Team (1)

NameDesignationAppointment DateStatus
Megaraj Sundar Country flag representing In Managing Director24-Jul-2014Current

Board Members (1)

NameDesignationAppointment DateStatus
Sundar Amutha Country flag representing In Director 24-Jul-2014Current

Financial Performance of Megsoft Business Solutions.

Megsoft Business Solutions Private Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 30.08% increase. The company also saw a substantial improvement in profitability, with a 104.9% increase in profit. The company's net worth Soared by an impressive increase of 42.73%.

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
30.08%
Revenue from Operations
30.09%
Total Assets
24.31%
Profit or Loss
104.90%
Net Worth
42.73%
EBITDA
48.29%

What is the Ownership and Shareholding Structure of Megsoft Business Solutions?

In 2019, Megsoft Business Solutions had a promoter holding of 66.67% and a public holding of 33.33%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Megsoft Business Solutions?

Megsoft Business Solutions has a workforce of 47 employees as of Apr 05, 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 Megsoft Business Solutions, 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 Megsoft Business Solutions'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 Megsoft Business Solutions

Recent activity within the organization

  • Annual General Meeting

    Megsoft Business Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Megsoft Business Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Megaraj Sundar was appointed as a Managing Director was appointed as a Managing Director on 24 Jul 2014 & has been associated with this company since 10 years 7 months .

    24 Jul 2014

  • Director Appointment

    Sundar Amutha was appointed as a Director was appointed as a Director on 24 Jul 2014 & has been associated with this company since 10 years 7 months .

    24 Jul 2014

  • Company Incorporation

    Megsoft Business Solutions Private Limited was registered on 24 Jul 2014 with Roc Chennai & aged 10 years 7 months as per MCA records.

    24 Jul 2014

Frequently asked questions

  • Megsoft Business Solutions Private Limited was incorporated on 24 Jul 2014.

  • The authorized share capital of Megsoft Business Solutions Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.30 M.

  • Currently 2 directors are associated with Megsoft Business Solutions Private Limited.

    • Megaraj Sundar
    • Sundar Amutha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Megsoft Business Solutions Private Limited is No.1 First Floor Chandrakanthi Nagar, Ponmeni India, Madurai, Tamil Nadu, 625016.

  • The corporate identification number (CIN) of Megsoft Business Solutions Private Limited is U72300TN2014PTC096659 and the company number is 096659 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Megsoft Business Solutions Private Limited is https://www.megsoft.co.in

  • According to the financial reports for the fiscal year 2019, the revenue trend for Megsoft Business Solutions Private Limited has risen by 30.08%.

  • As Per 2019 financial reports, 47 employees are currently employed by Megsoft Business Solutions Private Limited.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Megsoft Business Solutions Private Limited has experienced an upsurge of 42.73%.

  • The most recent Balance Sheet for Megsoft Business Solutions Private Limited was filed with the ROC on 31 Mar 2024.