Megacity Sales Pvt Ltd
About Megacity Sales Pvt Ltd
Data last updated:
Megacity Sales Pvt Ltd was a private limited company based in Ludhiana, Punjab, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 29 May 2006.
The company was registered with the Registrar of Companies (ROC), Chandigarh, under CIN U51109PB2006PTC039437. Its GSTIN is 03AAECM7797F1Z8 (Punjab).
The company had an authorised share capital of ₹45 Lakh and a paid-up capital of ₹44.35 Lakh. It was led by directors Munish Kumar Sabharwal and Rajesh Sudarshan Jain.
Its last annual general meeting (AGM) was held on 26 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at B – Xxiv – 4653/1 Sunder Nagar, Ludhiana, Punjab, India – 141007.
As per the financials filed for FY 2023, the company reported a revenue of ₹29.77 Lakh, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹1.78 Lakh (net margin 6%) and EBITDA of ₹2.74 Lakh (EBITDA margin 9.2%). Revenue has declined at a compounded annual rate (CAGR) of 27% over three years and 1% over five years.
Court records list 3 cases involving the company, including 3 filed by the company; 1 case is pending.
Company details
CIN history
Megacity Sales has one previous CIN (Corporate Identification Number): U51109WB2006PTC109633. The current CIN is U51109PB2006PTC039437, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51109PB2006PTC039437 | Current |
| U51109WB2006PTC109633 | Previous |
Contact details
Megacity Sales Pvt Ltd's registered office is in Ludhiana, Punjab. Its e-mail address is in the company report.
- Email
- Registered AddressB – Xxiv – 4653/1 Sunder Nagar, Ludhiana, Punjab, India – 141007
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Megacity Sales Pvt Ltd, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Megacity Sales is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Megacity Sales Pvt Ltd, buy the company report.
Financials of Megacity Sales Pvt Ltd
FY 2023 filings availableMegacity Sales Pvt Ltd reported revenue of ₹29.77 Lakh (up 27% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 27% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 21% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Total Expenses | |||||
| EBITDA | ₹2.74 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.78 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.2% | ||||
| Net Profit Margin | 6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
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To see the full financial statements and ratios of Megacity Sales Pvt Ltd, buy the company report.
Board of directors of Megacity Sales Pvt Ltd
Megacity Sales has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Munish Kumar Sabharwal | Director | 23 May 2016 | 10 Years 5 Months | As last reported |
| Rajesh Sudarshan Jain | Director | 24 Jan 2011 | 15 Years 9 Months | As last reported |
Peer comparison
Megacity Sales Pvt Ltd is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| FTZ Scrap Lifters Private Limited | ₹29.79 Lakh (FY 2017) | -75.0% | Surat, Gujarat, India | |||
| Four Pillars Textiles Private Limited | ₹29.79 Lakh (FY 2024) | -6.0% | Coimbatore, Tamil Nadu, India | |||
| Megacity Sales Pvt Ltdthis company | ₹29.77 Lakh (FY 2023) | ₹1.78 Lakh | 6% | 27.0% | Ludhiana, Punjab, India | |
| Bhanupriya Projects Consultants Private Limited | ₹29.62 Lakh (FY 2019) | 21.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Megacity Sales Pvt Ltd, buy the company report.
Auditor
Megacity Sales Pvt Ltd is audited by JAIN SUBHASH & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAIN SUBHASH & CO | FY 2019 | 001151N |
Shareholding
The shareholding of Megacity Sales Pvt Ltd is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Megacity Sales Pvt Ltd, buy the company report.
Legal cases
Megacity Sales Pvt Ltd has 3 court cases on record: 3 filed by Megacity Sales. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
| High courts | 1 | 0 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, CHANDIGARH (UT) | Tax appeal | Filed by the company against Principal Commissioner of Income Tax Ludhiana | Pending |
| NCLT, Chandigarh | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| NCLT, Chandigarh | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of Megacity Sales Pvt Ltd, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Megacity Sales Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Megacity Sales has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAECM7797F1Z8 | Punjab | Active | 13 Dec 2017 |
To see the full GST registrations and return filing status of Megacity Sales Pvt Ltd, buy the company report.
Recent activity
Megacity Sales Pvt Ltd has 6 board changes on record since 2011: 2 appointments and 4 cessations. The latest: Munish Kumar Sabharwal was appointed as Director on 23 May 2016.
Frequently asked questions
Megacity Sales has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Megacity Sales was a private limited company based in Ludhiana, Punjab, India. The company worked in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 29 May 2006 and is registered under CIN U51109PB2006PTC039437. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Megacity Sales was incorporated on 29 May 2006. It is registered with the Registrar of Companies, Chandigarh.
Megacity Sales had 2 directors:
- Munish Kumar Sabharwal - Director
- Rajesh Sudarshan Jain - Director
The CIN (Corporate Identification Number) of Megacity Sales is U51109PB2006PTC039437. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Megacity Sales is at B – Xxiv – 46531 Sunder Nagar, Ludhiana, Punjab, India – 141007.
The latest financial statements of Megacity Sales on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 26 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Megacity Sales is 03AAECM7797F1Z8, registered in Punjab.
Megacity Sales operated in the home and lifestyle industry, in the textile retail and distribution segment.
The peers of Megacity Sales by revenue are FTZ Scrap Lifters Private Limited, Four Pillars Textiles Private Limited, Bhanupriya Projects Consultants Private Limited, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Megacity Sales has 3 court cases on record: 3 filed by the company. 1 is pending. Most are in the nclt.
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