About Megahertz Systems Private Limited
Data last updated:
Megahertz Systems Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 25 November 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH2003PTC143284. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors including Ramesh Veljibhai Vora and Keni Nimesh Shah.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 251/253 Tardeo Courtnear Bhatia Hospital Tardeo Road, Mumbai, Maharashtra, India – 400007.
As per MCA filings, the company has open charges of ₹10 Cr and satisfied charges of ₹9.85 Cr on record. Court records list 8 cases involving the company, including 3 filed by the company and 3 filed against it.
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 megahertzindia.com.
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- Registered Address251/253 Tardeo Courtnear Bhatia Hospital Tardeo Road, Mumbai, Maharashtra, India – 400007
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
- 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
Financials of Megahertz Systems Private Limited FY 2018 filings available
Megahertz Systems Private Limited reported revenue of ₹7,500 (down 100% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR) of Megahertz Systems Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 94% over three years. 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 Megahertz Systems Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | ₹7,500 | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• | •••• |
| 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 Megahertz Systems Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• |
| 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 Megahertz Systems 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.
Peer Comparison of Megahertz Systems Private Limited
Megahertz Systems Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tony Components and Electronics Private Limited | ₹7,710 (FY 2024) | •••• | •••• | 195.0% | •••• | New Delhi, Delhi, India |
| Three Dice Enterprises Private Limited | ₹7,627 (FY 2025) | •••• | •••• | -100.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Yamnotri Tie Up Private Limited | ₹7,601 (FY 2023) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Bansal Electrovision Private Limited | ₹7,560 (FY 2024) | •••• | •••• | -100.0% | •••• | New Delhi, Delhi, India |
| Megahertz Systems Private Limited this company | ₹7,500 (FY 2018) | •••• | •••• | -100.0% | •••• | Mumbai, Maharashtra, India |
| Swastik Electricals Private Limited | ₹7,500 (FY 2025) | •••• | •••• | -6.0% | •••• | New Delhi, Delhi, India |
| Copious Solutions Private Limited | ₹7,340 (FY 2025) | •••• | •••• | 5.0% | •••• | Delhi, India |
| Ramji Lal Tradelinks Private Limited | ₹7,283 (FY 2024) | •••• | •••• | -99.0% | •••• | Solan, Himachal Pradesh, India |
| Hippieness Merchandise Private Limited | ₹7,275 (FY 2016) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Tara Mobiles Private Limited | ₹7,263 (FY 2025) | •••• | •••• | -34.0% | •••• | New Delhi, Delhi, India |
| Pawan Trademart Private Limited | ₹7,198 (FY 2016) | •••• | •••• | -100.0% | •••• | Jaipur, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Megahertz Systems by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), 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 Megahertz Systems Private Limited
Megahertz Systems Private Limited is audited by HIMMAT SHETHIA & ASSOCIATES for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| HIMMAT SHETHIA & ASSOCIATES | 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.
Board of Directors of Megahertz Systems Private Limited
Megahertz Systems has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Veljibhai Vora Also directs: Megahertz IT Hub LLP | Director | 25 Nov 2003 | 22 Years 10 Months | Current |
| Keni Nimesh Shah | Director | 25 Nov 2003 | 22 Years 10 Months | Current |
| Nimesh Bhagirath Shah Also directs: Megahertz IT Hub LLP | Director | 25 Nov 2003 | 22 Years 10 Months | Current |
| Priti Vipul Sangani | Director | 25 Nov 2003 | 22 Years 10 Months | Current |
| Vipul Bhikalal Sangani | Director | 25 Nov 2003 | 22 Years 10 Months | Current |
Ownership and Shareholding of Megahertz Systems Private Limited
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 Megahertz Systems Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Aug 2011 | Asset Reconstruction Company (India) Limited | ₹7 Cr | Open |
| 31 Dec 2010 | Citibank N. A. | ₹3 Cr | Open |
| 11 Mar 2010 | The Saraswat Co-Operative Bank Limited | ₹50 Lakh | Satisfied |
| 04 Feb 2010 | The Saraswat Co-Operative Bank Ltd. | ₹6 Cr | Satisfied |
| 30 May 2005 | Union Bank of India | ₹3.25 Cr | Satisfied |
Total charge records: 6 View all charges
Legal Cases of Megahertz Systems Private Limited
Megahertz Systems Private Limited has 8 court cases on record: 3 filed by Megahertz Systems, 3 filed against it, 2 where it is another party. All cases are disposed. Status as checked between 30 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 3 | 0 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by Citi Bank N. A | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Company is another party | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Board of Directors DCB Bank and 12 Ors | Disposed |
| Bombay High Court | Writ petition | Company is another party | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Citi Bank N A | Disposed |
Full case history
All 8 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 Megahertz Systems Private Limited
Employment history and EPFO contributions of people linked to Megahertz Systems.
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 Megahertz Systems Private Limited
Megahertz Systems Private Limited has 5 board changes on record since 2003: 5 appointments. The latest: Keni Nimesh Shah was appointed as Director on 25 Nov 2003.
9 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Megahertz Systems Private Limited
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 Megahertz Systems Private Limited
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 Megahertz Systems Private Limited
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 Megahertz Systems Private Limited
Megahertz Systems has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Megahertz Systems Private Limited
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 Megahertz Systems Private Limited
Megahertz Systems is an active private limited company based in Mumbai, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 25 November 2003 (23+ years old) and is registered under CIN U72200MH2003PTC143284.
Megahertz Systems has 5 current directors:
- Ramesh Veljibhai Vora - Director
- Keni Nimesh Shah - Director
- Nimesh Bhagirath Shah - Director
- Priti Vipul Sangani - Director
- Vipul Bhikalal Sangani - Director
No. Megahertz Systems has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Megahertz Systems is U72200MH2003PTC143284. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Megahertz Systems has 8 court cases on record: 3 filed by the company and 3 filed against it. Most are in the district courts.
Megahertz Systems was incorporated on 25 November 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Megahertz Systems by revenue are Tony Components and Electronics Private Limited, Three Dice Enterprises Private Limited, Yamnotri Tie Up Private Limited, Bansal Electrovision Private Limited, Swastik Electricals Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution).
Keni Nimesh Shah was appointed as Director on 25 Nov 2003. Nimesh Bhagirath Shah was appointed as Director on 25 Nov 2003. Priti Vipul Sangani was appointed as Director on 25 Nov 2003. Megahertz Systems has 5 board changes on record in total.
Megahertz Systems can be reached through the website megahertzindia.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Megahertz Systems is at 251253 Tardeo Courtnear Bhatia Hospital Tardeo Road, Mumbai, Maharashtra, India – 400007.
Megahertz Systems has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.5 Cr.