MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-16-0005980
Megalyte Private Limited
Megalyte Private Limited - consumer electronics & durables in Hassan, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹4.38 Lakh
▼ 38% YoY
Net loss · FY 2024
₹1.08 Lakh
Net margin -24.5%
EBITDA · FY 2024
-₹1.08 Lakh
EBITDA margin -24.5%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Megalyte Private Limited
Data last updated:
Megalyte Private Limited is a private limited company based in Hassan, Karnataka, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 27 October 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51909KA2021PTC153686. Its GSTIN is 29AAPCM1252N1ZW (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rajesh Solanki and Tejaram Solanki.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.23/3/538/71 Sri Ranganatha Building B.M.Road Near N.R. Circle, Hassan, Karnataka, India – 573201.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.38 Lakh, a decline of 38% compared to the previous year. For the same year it recorded a net loss of ₹1.08 Lakh (net margin -24.5%) and EBITDA of -₹1.08 Lakh (EBITDA margin -24.5%).
Megalyte Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-16-0005980).
Company details
CIN U51909KA2021PTC153686
Registration Number 153686
Incorporation Date 27 October 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Micro
Udyam Registration UDYAM-KR-16-0005980
Key People
Rajesh Solanki Director Tejaram Solanki Director Recognitions & Rankings of Megalyte
Contact details
Megalyte Private Limited's registered office is in Hassan, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressNo.23/3/538/71 Sri Ranganatha Building B.M.Road Near N.R. Circle, Hassan, Karnataka, India – 573201
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Megalyte Private Limited, buy the company report.
Comprehensive company report
Megalyte Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Megalyte 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 Megalyte Private Limited, buy the company report.
Financials of Megalyte Private Limited
FY 2024 filings availableMegalyte Private Limited reported revenue of ₹4.38 Lakh (down 38% YoY) for FY 2024.
Revenue · FY 2024
₹4.38 Lakh ▼ 38%
Net loss · FY 2024
₹1.08 Lakh margin -24.5%
EBITDA · FY 2024
-₹1.08 Lakh margin -24.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 38%
EBITDA CAGR growth
1 year
▼ 588%
Revenue fell 38% in the latest year. EBITDA fell 588% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
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| Depreciation and Amortisation | |||
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| Total Expenses | |||
| EBITDA | -₹1.08 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹1.08 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -24.5% | ||
| Net Profit Margin | -24.5% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
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| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Megalyte Private Limited, buy the company report.
Board of directors of Megalyte Private Limited
Megalyte has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Solanki | Director | 27 Oct 2021 | 4 Years 11 Months | Current |
| Tejaram Solanki | Director | 27 Oct 2021 | 4 Years 11 Months | Current |
Legal cases
No court or tribunal cases involving Megalyte Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Megalyte Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Megalyte Private Limited has 1 active EPFO establishment as of Mar 31, 2024.
Active EPFO establishments
1
GST
Megalyte has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAPCM1252N1ZW | Karnataka | Active | 12 Nov 2021 |
To see the full GST registrations and return filing status of Megalyte Private Limited, buy the company report.
Recent activity
Megalyte Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Rajesh Solanki was appointed as Director on 27 Oct 2021.
AGM
Megalyte Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Megalyte Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Rajesh Solanki was appointed as Director.
Appointed
Tejaram Solanki was appointed as Director.
Incorporation
27 Oct 2021
Megalyte Private Limited was registered on 27 Oct 2021 with Roc Bangalore & aged 4 years 11 months as per MCA records.
Frequently asked questions
Megalyte is an active private limited company based in Hassan, Karnataka, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 27 October 2021 (5+ years old) and is registered under CIN U51909KA2021PTC153686.
Megalyte has 2 current directors:
- Rajesh Solanki - Director
- Tejaram Solanki - Director
The latest financial statements of Megalyte on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Megalyte is 29AAPCM1252N1ZW, registered in Karnataka.
The CIN (Corporate Identification Number) of Megalyte is U51909KA2021PTC153686. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Megalyte was incorporated on 27 October 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
Rajesh Solanki was appointed as Director on 27 Oct 2021. Tejaram Solanki was appointed as Director on 27 Oct 2021.
Yes, Megalyte is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-16-0005980).
The registered office of Megalyte is at No.23353871 Sri Ranganatha Building B.M.Road Near N.R. Circle, Hassan, Karnataka, India – 573201.
Megalyte operates in the consumer electronics and durables industry, in the electronics manufacturing segment.