About Mahaveer Electricals and Communications Private Limited
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Mahaveer Electricals and Communications Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 23 September 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2011PTC060551. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Prashanth Mahabaliraju Sankigatta (Managing Director) and Chamarajnagara Padmanabaiah Vanishree.
Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No.382 2nd Floor Karnataka Bank Building 6th Block Rajajinagar, Bangalore, Karnataka, India – 560010.
As per the financials filed for FY 2023, the company reported a revenue of ₹35.02 Lakh, a growth of 12% compared to the previous year. For the same year it recorded a net loss of ₹17.63 Lakh (net margin -50.3%) and EBITDA of -₹15.06 Lakh (EBITDA margin -43%). Revenue has declined at a compounded annual rate (CAGR) of 51% over three years and 36% over five years.
The company has about 29 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Meacpl. As per MCA filings, the company has satisfied charges of ₹30.5 Lakh on record. Court records list 7 cases involving the company, including 7 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website meacpl.com.
Company details
Contact details
Mahaveer Electricals and Communications Private Limited's registered office is in Bangalore, Karnataka. Its website is meacpl.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.382 2nd Floor Karnataka Bank Building 6th Block Rajajinagar, Bangalore, Karnataka, India – 560010
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Mahaveer Electricals and Communications Private Limited, 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
Brands
Mahaveer Electricals and Communications operates one associated brand: MEACPL. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Electrical and communications services in Bangalore. | meacpl.com |
Business activity
The main business activity of Mahaveer Electricals and Communications is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Mahaveer Electricals and Communications Private Limited, buy the company report.
Financials of Mahaveer Electricals and Communications Private Limited
FY 2023 filings availableMahaveer Electricals and Communications Private Limited reported revenue of ₹35.02 Lakh (up 12% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 12% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 36%. EBITDA fell 492% 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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| EBITDA | -₹15.06 Lakh | ||||
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| Net Profit (PAT) | -₹17.63 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | -43% | ||||
| Net Profit Margin | -50.3% | ||||
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To see the full financial statements and ratios of Mahaveer Electricals and Communications Private Limited, buy the company report.
Board of directors of Mahaveer Electricals and Communications Private Limited
Mahaveer Electricals and Communications 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 |
|---|---|---|---|---|
| Prashanth Mahabaliraju Sankigatta | Managing Director | 23 Sep 2011 | 15 Years 1 Months | Current |
| Chamarajnagara Padmanabaiah Vanishree | Director | 23 Sep 2011 | 15 Years 1 Months | Current |
Auditor
Mahaveer Electricals and Communications Private Limited is audited by A B CHIDANANDA & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A B CHIDANANDA & CO | FY 2021 | 023747S |
Shareholding
The shareholding of Mahaveer Electricals and Communications Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mahaveer Electricals and Communications Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Jan 2015 | 10547129 | Karnataka Bank Ltd. | ₹8 Lakh | Satisfied | |
| 31 Dec 2014 | 10544162 | Central Bank of India | ₹22.5 Lakh | Satisfied |
To see the full charge records of Mahaveer Electricals and Communications Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Mahaveer Electricals and Communications Private Limited has 7 court cases on record: 7 filed against it. 4 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 7 | 4 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Tata Capital Financial Services Limited | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Tata Capital Financial Services Ltd | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Bajaj Finance Limited | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Tata Capital Financial Services Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Tata Capital Financial Services Ltd | Disposed |
To see the full case history of Mahaveer Electricals and Communications Private Limited, 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 Mahaveer Electricals and Communications Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mahaveer Electricals and Communications Private Limited has a workforce of 29 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Mahaveer Electricals and Communications has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Mahaveer Electricals and Communications Private Limited, buy the company report.
Recent activity
Mahaveer Electricals and Communications Private Limited has 6 board changes on record since 2011: 2 appointments and 4 cessations. The latest: Mysore Brahmasuraiah Nalina ceased to be Director on 20 Oct 2023.
1 earlier event is in the company report.
Frequently asked questions
Mahaveer Electricals and Communications is an active private limited company based in Bangalore, Karnataka, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 23 September 2011 (15+ years old) and is registered under CIN U74900KA2011PTC060551.
Mahaveer Electricals and Communications has 2 current directors:
- Prashanth Mahabaliraju Sankigatta - Managing Director
- Chamarajnagara Padmanabaiah Vanishree - Director
The latest financial statements of Mahaveer Electricals and Communications on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 29 September 2023. Year-wise statements from 2015 are in the company report.
No. Mahaveer Electricals and Communications has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Mahaveer Electricals and Communications is U74900KA2011PTC060551. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahaveer Electricals and Communications has 7 court cases on record: 7 filed against it. 4 are pending.
Mahaveer Electricals and Communications was incorporated on 23 September 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
Mysore Brahmasuraiah Nalina ceased to be Director on 20 Oct 2023. Hirehalli Sundardas Mamatha ceased to be Director on 17 Nov 2021. Rashmi Sankighatta Mahabali Raju ceased to be Director on 17 Nov 2021. Mahaveer Electricals and Communications has 6 board changes on record in total.
Mahaveer Electricals and Communications can be reached through the website meacpl.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Mahaveer Electricals and Communications is at No.382 2nd Floor Karnataka Bank Building 6th Block Rajajinagar, Bangalore, Karnataka, India – 560010.
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