- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0049279

About Mega Freight Movers Ltd
Data last updated:
Mega Freight Movers Ltd is a public limited company based in Mumbai, Maharashtra, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 22 April 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63030MH1994PLC077910. Its GSTIN is 27AABCM9984D1Z4 (Maharashtra). The company holds 6 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹6 Cr. It was formerly known as Mega Freight Movers Pvt Ltd. It is led by directors including Nitin Omprakash Mahipal (Managing Director) and Bimladevi Omprakash Mahipal.
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 39 Mehta Chambers127. – A Kalyan Street, Mumbai, Maharashtra, India – 400009.
As per the financials filed for FY 2023, the company reported a revenue of ₹179.01 Cr. For the same year it recorded a net profit of ₹5.75 Cr (net margin 3.2%) and EBITDA of ₹5.38 Cr (EBITDA margin 3%). Revenue has grown at a compounded annual rate (CAGR) of 7% over five years.
The company has about 128 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Megaltd. As per MCA filings, the company has open charges of ₹52.93 Cr and satisfied charges of ₹7.73 Cr on record. Court records list 40 cases involving the company, including 9 filed by the company and 26 filed against it; 2 cases are pending. The company has 8 deals on record (4 funding rounds, 4 secondary share transfers), with disclosed funding of ₹14.51 Cr; the latest was in January 2024. Its 10 peer companies in the Transport and Logistics industry (Diversified Logistics, Packers and Movers) are compared by revenue, 5 larger and 5 smaller; the largest is Well-Trans Logistics (India) Private Limited with revenue of ₹183.66 Cr.
Mega Freight Movers Ltd is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0049279). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website megaltd.net.
CIN History of Mega Freight Movers Ltd
Mega Freight Movers has one previous CIN (Corporate Identification Number): U63030MH1994PTC077910. The current CIN is U63030MH1994PLC077910, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U63030MH1994PLC077910 | Current |
| U63030MH1994PTC077910 | Previous |
Recognitions & Rankings of Mega Freight Movers
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address39 Mehta Chambers127. – A Kalyan Street, Mumbai, Maharashtra, India – 400009
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
- 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
- One PDF report, delivered after checkout
Associated Brands with Mega Freight Movers Ltd
Mega Freight Movers operates one associated brand: Megaltd. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers reliable packers and movers for home, office, storage, and logistics services. | megaltd.net |
Business Activity of Mega Freight Movers Ltd
The main business activity of Mega Freight Movers is transport and storage. In detail, this covers land transport via road.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transport and storage | H1 | Land Transport via Road | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Mega Freight Movers Ltd FY 2024 filings available
Mega Freight Movers Ltd reported revenue of ₹179.01 Cr for FY 2023.
Compounded Annual Growth Rate (CAGR) of Mega Freight Movers Ltd
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years. EBITDA fell 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 of Mega Freight Movers Ltd
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹179.01 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹5.38 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5.75 Cr | •••• | •••• | •••• | •••• |
| 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 of Mega Freight Movers Ltd
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Mega Freight Movers are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Mega Freight Movers Ltd
Mega Freight Movers has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bimladevi Omprakash Mahipal | Director | 22 Apr 1994 | 32 Years 5 Months | Current |
| Nitin Omprakash Mahipal Also directs: Dart Enterprises LLP, Mega Pack and Carry Private Limited, Bombay Parivahan Terminal Limited and 2 more | Managing Director | 07 Apr 1999 | 27 Years 6 Months | Current |
| Ritesh Sanwarmal Jalan | Director | 28 Sep 2021 | 5 Years 0 Months | Current |
| Ankita Nitin Mahipal | Director | 17 Jun 2013 | 13 Years 4 Months | Current |
Peer Comparison of Mega Freight Movers Ltd
Mega Freight Movers Ltd is compared with the companies closest to it by revenue in the Transport and Logistics industry (Diversified Logistics, Packers and Movers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Well-Trans Logistics (India) Private Limited | ₹183.66 Cr (FY 2025) | •••• | •••• | 49.0% | •••• | New Delhi, Delhi, India |
| Atlas Shipping Services Pvt Ltd | ₹183.22 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Kolkata, West Bengal, India |
| Navio Shipping Private Limited | ₹182.47 Cr (FY 2025) | •••• | •••• | 46.0% | •••• | Thane, Maharashtra, India |
| Fei Cargo Ltd. | ₹181.89 Cr (FY 2025) | •••• | •••• | 106.0% | •••• | Mumbai, Maharashtra, India |
| Total Shipping & Logistics Private Limited | ₹180.39 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Mumbai, Maharashtra, India |
| Ami India Logistics Private Limited | ₹179.62 Cr (FY 2017) | •••• | •••• | 14.0% | •••• | Mumbai, Maharashtra, India |
| Mega Freight Movers Ltd this company | ₹179.01 Cr (FY 2023) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Prozo Integrated Logistics Private Limited | ₹177.01 Cr (FY 2025) | •••• | •••• | 44.0% | •••• | Haryana, India |
| Winwin Maritime Limited | ₹176.7 Cr (FY 2025) | •••• | •••• | -20.0% | •••• | Gandhidham, Gujarat, India |
| Freyer International Logistics Private Limited | ₹176.63 Cr (FY 2024) | •••• | •••• | -23.0% | •••• | Bengaluru, Karnataka, India |
| Blue Moon Logistics Private Limited | ₹176.36 Cr (FY 2025) | •••• | •••• | 62.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Mega Freight Movers by revenue in the Transport and Logistics industry (Diversified Logistics, Packers and Movers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Mega Freight Movers Ltd
Mega Freight Movers Ltd is audited by A.M. AGRAWAL AND CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A.M. AGRAWAL AND CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Mega Freight Movers Ltd
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Mega Freight Movers Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Jan 2024 | Hdfc Bank Limited | ₹23 Cr | Open |
| 06 Dec 2017 | Hdfc Bank Limited | ₹6 Cr | Open |
| 16 Nov 2009 | Hdfc Bank Limited | ₹23 Cr | Open |
| 31 Jul 2007 | Ge Capital Transportation Financial Services Ltd | ₹52 Lakh | Open |
| 09 Nov 2001 | Ge Capital Transporation Finance Serviced Ltd | ₹33.75 Lakh | Open |
Total charge records: 10 View all charges
Deals & Funding of Mega Freight Movers Ltd
Mega Freight Movers Ltd has 8 deals on record (4 funding rounds, 4 secondary share transfers), with disclosed funding of ₹14.51 Cr; the latest was in January 2024.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Ganesh Management Consultants Private Limited, 3 individuals |
| Mar 2014 | Funding round | ₹1.4 Cr | Investors: Ganesh Management Consultants Private Limited, Rosewood Mercantile Private Limited , Vanaspati Vinimay Private Limited |
| Jan 2012 | Funding round | ₹1.75 Cr | Investors: Calendula Vincom Private Limited , Speedwell Tie-Up Private Limited , Vanaspati Vinimay Private Limited |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Tip Top Marketing Limited, Shambhu Agencies Limited, SLS Engineering and Consultants Pvt Ltd |
| Feb 2008 | Funding round | ₹10.58 Cr | Investors: O P Mahipal & Sons HUF, 3 individuals |
Full deal history
All 8 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Mega Freight Movers Ltd
Mega Freight Movers Ltd has 40 court cases on record: 9 filed by Mega Freight Movers, 26 filed against it, 5 where it is another party. 2 cases are pending and 38 are disposed. Status as checked between 28 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 29 | 22 | 2 |
| High courts | 11 | 4 | 0 |
Cases on record (5 of 40)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thrissur, Kerala | Civil suit | Filed by the company against Propyl Packaging Limited | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Innoventive Industries Limited | Disposed |
| District court, Chennai, Tamil Nadu | Motor accident claim | Filed against the company by an individual | Pending |
| District court, RAICHUR, Karnataka | Motor accident claim | Company is another party | Pending |
| District court, Viluppuram, Tamil Nadu | Motor accident claim | Filed against the company by an individual | Disposed |
Full case history
All 40 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Mega Freight Movers Ltd
Mega Freight Movers Ltd has a workforce of 128 employees as of Apr 05, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Mega Freight Movers Ltd
Mega Freight Movers Ltd has 8 board changes on record since 1994: 4 appointments and 4 cessations. The latest: Nitin Omprakash Mahipal ceased to be Director on 27 Jul 2022.
16 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Mega Freight Movers Ltd
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Mega Freight Movers Ltd
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Mega Freight Movers Ltd
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Mega Freight Movers Ltd
Mega Freight Movers has 6 GST registrations: 3 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCM9984D1Z4 | Maharashtra | Active | 01 Jul 2017 |
| 24AABCM9984D1ZA | Gujarat | Active | 07 Dec 2017 |
| 36AABCM9984D2Z4 | Telangana | Active | 12 Jun 2018 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Mega Freight Movers Ltd
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Mega Freight Movers Ltd
Mega Freight Movers is an active public limited company based in Mumbai, Maharashtra, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 22 April 1994 (32+ years old) and is registered under CIN U63030MH1994PLC077910.
Mega Freight Movers reported revenue of ₹179.01 Cr for FY 2023.
Mega Freight Movers has 4 current directors:
- Nitin Omprakash Mahipal - Managing Director
- Bimladevi Omprakash Mahipal - Director
- Ritesh Sanwarmal Jalan - Director
- Ankita Nitin Mahipal - Director
Mega Freight Movers reported a net profit of ₹5.75 Cr (net margin 3.2%) and EBITDA of ₹5.38 Cr (EBITDA margin 3%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mega Freight Movers is 7% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mega Freight Movers is 27AABCM9984D1Z4, registered in Maharashtra. The company has 6 GST registrations in all, of which 3 are active and 3 are cancelled or inactive. Other active GSTINs include 24AABCM9984D1ZA (Gujarat), 36AABCM9984D2Z4 (Telangana).
The CIN (Corporate Identification Number) of Mega Freight Movers is U63030MH1994PLC077910. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mega Freight Movers has 40 court cases on record: 9 filed by the company and 26 filed against it. 2 are pending. Most are in the district courts.
Mega Freight Movers was incorporated on 22 April 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
Mega Freight Movers has 8 deals on record (4 funding rounds, 4 secondary share transfers), with disclosed funding of ₹14.51 Cr; the latest was in January 2024.
The peers of Mega Freight Movers by revenue are Well-Trans Logistics (India) Private Limited, Atlas Shipping Services Pvt Ltd, Navio Shipping Private Limited, Fei Cargo Ltd, Total Shipping & Logistics Private Limited and 5 more, all in the Transport and Logistics industry (Diversified Logistics, Packers and Movers).