About Mega Win Leather (India) Private Limited
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Mega Win Leather (India) Private Limited is a private limited company based in Erode, Tamil Nadu, India. It operates in the footwear manufacturing segment of the consumer goods sector. It was incorporated on 11 November 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U19112TZ2008PTC014850. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.33 Cr. It is led by directors including Vaiyapuri Gounder Govindaraj (Managing Director) and Arumugam Mohanapriya.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at No.323/12 Bhavani Main Road Chunnambu Odai R.N.Pudur(Po), Erode, Tamil Nadu, India – 638005.
As per the financials filed for FY 2017, the company reported a revenue of ₹32.73 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹96.88 Lakh (net margin 3%) and EBITDA of ₹4.07 Cr (EBITDA margin 12.4%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years.
As per MCA filings, the company has open charges of ₹18.13 Cr and satisfied charges of ₹16.87 Cr on record. Court records list 13 cases involving the company, including 13 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website megawin.in.
Company details
Contact details
Mega Win Leather (India) Private Limited's registered office is in Erode, Tamil Nadu. Its website is megawin.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressNo.323/12 Bhavani Main Road Chunnambu Odai R.N.Pudur(Po), Erode, Tamil Nadu, India – 638005
- IndustryConsumer Goods, Footwear Manufacturing
To see the full contact details of Mega Win Leather (India) 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
Business activity
The main business activity of Mega Win Leather (India) is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Mega Win Leather (India) Private Limited, buy the company report.
Financials of Mega Win Leather (India) Private Limited
FY 2017 filings availableMega Win Leather (India) Private Limited reported revenue of ₹32.73 Cr (up 12% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 19% over three years, including 12% growth in the latest year. EBITDA rose 36% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹32.73 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹4.07 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹96.88 Lakh | ||
| 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 12.4% | ||
| Net Profit Margin | 3% | ||
| 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 Mega Win Leather (India) Private Limited, buy the company report.
Board of directors of Mega Win Leather (India) Private Limited
Mega Win Leather (India) has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arumugam Mohanapriya Also directs: Legge Footwear Private Limited, La Gente Chimici Private Limited | Director | 24 May 2010 | 16 Years 4 Months | Current |
| Vaiyapuri Gounder Govindaraj Also directs: Legge Footwear Private Limited, La Gente Chimici Private Limited | Managing Director | 11 Nov 2008 | 17 Years 11 Months | Current |
| Venkatesh Rajasekaran | Additional Director | 22 Dec 2015 | 10 Years 10 Months | Current |
Peer comparison
Mega Win Leather (India) Private Limited is compared with the 7 companies closest to it by revenue in the Consumer Products industry (Footwear Manufacturers, Leather), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| R R Polyplast Private Limited | ₹33.61 Cr (FY 2025) | 18.0% | Delhi, India | |||
| Contemporary Leather Private Limited | ₹33.56 Cr (FY 2025) | -4.0% | Chennai, Tamil Nadu, India | |||
| T.Abdul Wahid Tanneries Private Limited | ₹33.52 Cr (FY 2023) | 29.0% | Chennai, Tamil Nadu, India | |||
| RNS Footwear Private Limited | ₹33.16 Cr (FY 2025) | 3.0% | Rohtak, Haryana, India | |||
| Mega Win Leather (India) Private Limitedthis company | ₹32.73 Cr (FY 2017) | ₹96.88 Lakh | 3% | 12.0% | Erode, Tamil Nadu, India | |
| P L Footwear Private Limited | ₹32.48 Cr (FY 2025) | -33.0% | Delhi, India | |||
| B.B.K. Leathers Private Limited | ₹31.92 Cr (FY 2025) | 3.0% | Tamil Nadu, India | |||
| Sna Fiber Tex Private Limited | ₹31.91 Cr (FY 2025) | 10.0% | Panipat, Haryana, India |
To see the full peer comparison of Mega Win Leather (India) Private Limited, buy the company report.
Shareholding
The shareholding of Mega Win Leather (India) Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Mega Win Leather (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Dec 2015 | 10624726 | State Bank of India | ₹18.13 Cr | Open | |
| 30 Jan 2015 | 10552529 | Karur Vysya Bank Ltd | ₹8.27 Cr | Satisfied | |
| 13 Jul 2013 | 10439617 | Axis Bank Limited | ₹4.15 Cr | Satisfied | |
| 25 Aug 2011 | 10307286 | Dena Bank | ₹4.1 Cr | Satisfied | |
| 28 Sep 2010 | 10243713 | Indian Overseas Bank | ₹35 Lakh | Satisfied |
To see the full charge records of Mega Win Leather (India) Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Mega Win Leather (India) Private Limited has 13 court cases on record: 13 filed against it. 1 case is pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 11 | 1 |
| High courts | 2 | 2 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Magma Fincorp Limited | Pending |
| District court, Chennai, Tamil Nadu | Execution petition | Filed against the company by Religare Finvest Ltd | Disposed |
| District court, Chennai, Tamil Nadu | Execution petition | Filed against the company by Magma Fincorp Limited | Disposed |
| High Court, West Bengal | Court case (EC) | Filed against the company by Kotak Mahindra Bank Limited Sinha and Co. | Disposed |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by M/S Religare Finvest Ltd | Disposed |
To see the full case history of Mega Win Leather (India) 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 Mega Win Leather (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mega Win Leather (India) has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Mega Win Leather (India) Private Limited, buy the company report.
Recent activity
Mega Win Leather (India) Private Limited has 6 board changes on record since 2008: 3 appointments and 3 cessations. The latest: Arun Prasath Kandavel ceased to be Director on 16 Apr 2018.
9 earlier events are in the company report.
Frequently asked questions
Mega Win Leather (India) is an active private limited company based in Erode, Tamil Nadu, India. The company works in footwear manufacturing, within the consumer goods industry. It was incorporated on 11 November 2008 (18+ years old) and is registered under CIN U19112TZ2008PTC014850.
Mega Win Leather (India) has 3 current directors:
- Vaiyapuri Gounder Govindaraj - Managing Director
- Arumugam Mohanapriya - Director
- Venkatesh Rajasekaran - Additional Director
The latest financial statements of Mega Win Leather (India) on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. Mega Win Leather (India) has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Mega Win Leather (India) is U19112TZ2008PTC014850. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mega Win Leather (India) has 13 court cases on record: 13 filed against it. 1 is pending. Most are in the district courts.
Mega Win Leather (India) was incorporated on 11 November 2008, making it 18+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Mega Win Leather (India) by revenue are R R Polyplast Private Limited, Contemporary Leather Private Limited, T.Abdul Wahid Tanneries Private Limited, RNS Footwear Private Limited, P L Footwear Private Limited and 2 more, all in the Consumer Products industry (Footwear Manufacturers, Leather), with the same principal business activity (textile, leather and other apparel products).
Arun Prasath Kandavel ceased to be Director on 16 Apr 2018. Venkatesh Rajasekaran was appointed as Additional Director on 22 Dec 2015. Lukman Julfar Ali ceased to be Director on 30 Sep 2014. Mega Win Leather (India) has 6 board changes on record in total.
Mega Win Leather (India) can be reached through the website megawin.in. Its registered office is in Erode, Tamil Nadu, India.
The registered office of Mega Win Leather (India) is at No.32312 Bhavani Main Road Chunnambu Odai R.N.PudurPo, Erode, Tamil Nadu, India – 638005.