Megavarsha Kuries Private Limited

Megavarsha Kuries Private Limited - financial services in Aloor, Kerala, India. Directors, charges & compliance details.
CIN U65992KL2000PTC014231 Incorporated 28 September 2000 ROC Ernakulam HQ Aloor, Kerala, India
Struck Off Private Limited Company financial services
Data last updated
Revenue · FY 2016
₹1.33 Lakh
▼ 21% YoY
Net loss · FY 2016
₹132
Net margin -0.1%
EBITDA · FY 2016
₹26,334
EBITDA margin 19.8%
Authorised capital
₹4 Lakh
Registered with MCA
Paid-up capital
₹4 Lakh
Issued & subscribed
Company age
26 yrs
Est. 2000
Directors on board
3
As per MCA filings
Last financials
Mar 2016
Balance sheet date

About Megavarsha Kuries Private Limited

Data last updated:

Megavarsha Kuries Private Limited was a private limited company based in Aloor, Kerala, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the financial intermediation and lending segment of the financial services sector. It was incorporated on 28 September 2000.

The company was registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65992KL2000PTC014231.

The company had an authorised share capital of ₹4 Lakh and a paid-up capital of ₹4 Lakh. It was led by directors including Gangadevi Ramakrishnan Nair and Soman Pillai Perumbillichira.

Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at Megavarsha Builings Builing No.IV/53, Aloor, Kerala, India – 680683.

As per the financials filed for FY 2016, the company reported a revenue of ₹1.33 Lakh, a decline of 21% compared to the previous year. For the same year it recorded a net loss of ₹132 (net margin -0.1%) and EBITDA of ₹26,334 (EBITDA margin 19.8%).

Court records list 1 case involving the company, including 1 filed by the company.

Company details

CIN U65992KL2000PTC014231
Registration Number 014231
Incorporation Date 28 September 2000
ROC Ernakulam
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 30 September 2016
Date of Balance Sheet 31 March 2016
Compliance Status Active Non-Compliant

Contact details

Megavarsha Kuries Private Limited's registered office is in Aloor, Kerala.

  • Registered Address
    Megavarsha Builings Builing No.IV/53, Aloor, Kerala, India – 680683
  • Industry
    Financial Services, Other Financial Intermediation, Chit Fund, Kuri Companies
Comprehensive company report
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  • Shareholding pattern and group structure
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  • Legal cases, compliance and MCA filings
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Business activity

The main business activity of Megavarsha Kuries is financial and insurance service. In detail, this covers other financial activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK8Other financial activities

To see the full business activity and turnover split of Megavarsha Kuries Private Limited, buy the company report.

Financials of Megavarsha Kuries Private Limited

FY 2016 filings available

Megavarsha Kuries Private Limited reported revenue of ₹1.33 Lakh (down 21% YoY) for FY 2016.

Revenue · FY 2016
₹1.33 Lakh ▼ 21%
Net loss · FY 2016
₹132 margin -0.1%
EBITDA · FY 2016
₹26,334 margin 19.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 21%
EBITDA CAGR growth
1 year
▲ 383%

Revenue fell 21% in the latest year. EBITDA rose 383% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹26,334
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹132
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2015-16FY 2014-15
Profitability
EBITDA Margin19.8%
Net Profit Margin-0.1%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Megavarsha Kuries Private Limited, buy the company report.

Board of directors of Megavarsha Kuries Private Limited

Megavarsha Kuries has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Gangadevi Ramakrishnan NairDirector28 Sep 200026 Years 0 MonthsAs last reported
Soman Pillai PerumbillichiraDirector28 Sep 200026 Years 0 MonthsAs last reported
Sarath SasiDirector Appointed In Casual Vacancy10 Nov 201015 Years 11 MonthsAs last reported

Peer comparison

Megavarsha Kuries Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other financial activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Safeforce Village Digital Services Private Limited₹1.33 Lakh (FY 2023)179.0%Baleshwar, Odisha, India
Quality India Nidhi Limited₹1.33 Lakh (FY 2019)79.0%Belgaum, Karnataka, India
Paliathuruth Kuries Limited₹1.33 Lakh (FY 2023)-31.0%North Parur, Kerala, India
Neelanjanam Nidhi Limited₹1.33 Lakh (FY 2020)Thrissur, Kerala, India
Kartar Fincap Limited₹1.33 Lakh (FY 2021)-80.0%Punjab, India
Megavarsha Kuries Private Limitedthis company₹1.33 Lakh (FY 2016)-₹132-0.1%-21.0%Aloor, Kerala, India
Le Platinum Financial Services Private Limited₹1.33 Lakh (FY 2022)119.0%Ernakulam, Kerala, India
B-City Chits Private Limited₹1.33 Lakh (FY 2019)-31.0%Bijapur, Karnataka, India
Visisth Chay Vyapar Limited₹1.33 Lakh (FY 2020)-100.0%New Delhi, Delhi, India
Hopeidea Nidhi Limited₹1.33 Lakh (FY 2018)Gorakhpur, Uttar Pradesh, India
Priority Intra Commercial Private Ltd₹1.33 Lakh (FY 2025)-9.0%Kolkata, West Bengal, India

To see the full peer comparison of Megavarsha Kuries Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Megavarsha Kuries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Megavarsha Kuries Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Megavarsha Kuries Private Limited has 5 board changes on record since 2000: 3 appointments and 2 cessations. The latest: Saradhavilasam Sukumarapillai Sasidharan ceased to be Director on 15 Jun 2017.

Ceased
Saradhavilasam Sukumarapillai Sasidharan ceased to be Director.
AGM
Megavarsha Kuries Private Limited last Annual general meeting of members was held on 30 Sep 2016 as per latest MCA records.
Filing
Megavarsha Kuries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Ernakulam.
Appointed
Sarath Sasi was appointed as Director Appointed In Casual Vacancy.
Ceased
Kanaka Chinna Swamipillai ceased to be Director.
Appointed
Gangadevi Ramakrishnan Nair was appointed as Director.
Appointed
Soman Pillai Perumbillichira was appointed as Director.
Incorporation
28 Sep 2000
Megavarsha Kuries Private Limited was registered on 28 Sep 2000 with Roc Ernakulam & aged 26 years 27 days as per MCA records.

Frequently asked questions

Megavarsha Kuries has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.

Megavarsha Kuries was a private limited company based in Aloor, Kerala, India. The company worked in other financial intermediation, within the financial services industry. It was incorporated on 28 September 2000 and is registered under CIN U65992KL2000PTC014231. The company has been struck off by the Registrar of Companies and is no longer operational.

Megavarsha Kuries had 3 directors:

The CIN (Corporate Identification Number) of Megavarsha Kuries is U65992KL2000PTC014231. 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 Megavarsha Kuries is at Megavarsha Builings Builing No.IV53, Aloor, Kerala, India – 680683.

Megavarsha Kuries was incorporated on 28 September 2000. It is registered with the Registrar of Companies, Ernakulam.

The latest financial statements of Megavarsha Kuries on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.

Megavarsha Kuries operated in the financial services industry, in the other financial intermediation segment. It worked in this industry before it was struck off.

The peers of Megavarsha Kuries by revenue are Safeforce Village Digital Services Private Limited, Quality India Nidhi Limited, Paliathuruth Kuries Limited, Neelanjanam Nidhi Limited, Kartar Fincap Limited and 5 more, all in the same principal business activity (other financial activities).

Megavarsha Kuries has 1 court case on record: 1 filed by the company.

Saradhavilasam Sukumarapillai Sasidharan ceased to be Director on 15 Jun 2017. Sarath Sasi was appointed as Director Appointed In Casual Vacancy on 10 Nov 2010. Kanaka Chinna Swamipillai ceased to be Director on 29 Oct 2010. Megavarsha Kuries has 5 board changes on record in total.