Megamiles Bearing Cups Private Limited - Company Profile

It is a machinery and equipment private limited company based in Anekal, Karnataka, India, established in 1990.
1990 Anekal, Karnataka, India Active
Last Updated:
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About Megamiles Bearing Cups Private Limited

Megamiles Bearing Cups Private Limited, a active private limited company, was established on 05 January 1990 in Anekal, Karnataka, India. Engaging in industrial machine tools within the manufacturing sector, it holds CIN: U29130KA1990PTC010653. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹6.00 Cr and a paid-up capital of ₹5.19 Cr.

It upholds a compliant status. Employing 96 professional, Its leadership includes Divakar Sadashivamurthy Basappa (Director), Yadavanahalli Shivanna Mahadev (Managing Director), Shivanna Rudraprasad (Director). It holds ₹52.70 Cr open charges and ₹23.66 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Plot No 86R2, 5Th Road Jigani Industrial Area, 1St Phase Jigani Bangalore, Anekal, Karnataka, 560105.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U29130KA1990PTC010653

  • Registration Number

    010653

  • Incorporation Date

    05 January 1990

  • Authorized Capital

    ₹6.00 Cr

  • Paid-Up Capital

    ₹5.19 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 5.19 Cr
  • Company Age 36 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 52.70 Cr
  • Satisfied Charges ₹ 23.66 Cr
  • Revenue Growth **** 26.80%
  • Profit Growth **** 281.52%
  • Ebitda **** 55.64%
  • Net Worth 36.60%
  • Total Assets **** 7.96%
Company report

Megamiles Bearing Cups Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Megamiles Bearing Cups Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Megamiles Bearing Cups Private Limited?
Current Directors
Name Designation Appointment Date Status
Divakar Sadashivamurthy Basappa Director 05 Jan 1990 Current
Yadavanahalli Shivanna Mahadev Managing Director 05 Jan 1990 Current
Shivanna Rudraprasad Director 05 Jan 1990 Current

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Financial Performance of Megamiles Bearing Cups.

Megamiles Bearing Cups Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 26.8% increase. The company also saw a substantial improvement in profitability, with a 281.52% increase in profit. The company's net worth Soared by an impressive increase of 36.6%.

Megamiles Bearing Cups revenue growth over time
Megamiles Bearing Cups profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 26.80%
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Revenue from Operations
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 24.19%
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*******
*******
Total Assets
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 7.96%
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*******
*******
*******
Profit or Loss
*******
 281.52%
*******
*******
*******
*******
Net Worth
*******
 36.60%
*******
*******
*******
*******
EBITDA
*******
 55.64%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Megamiles Bearing Cups?

In 2022, Megamiles Bearing Cups had a promoter holding of 69.07% and a public holding of 30.93%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹526,983,885.00

Satisfied Charges

₹236,594,000.00

Charges Breakdown by Lending Institutions
  • State Bank Of India : 25.04 Cr
  • Sidbi : 25.02 Cr
  • Hdfc Bank Limited : 2.63 Cr
Latest Charge Details
Date Lender Amount Status
27 Sep 2025 Sidbi ₹1.00 Cr Open
31 May 2025 Sidbi ₹4.58 Cr Open
07 Feb 2025 Hdfc Bank Limited ₹1.33 M Open
01 Feb 2025 Sidbi ₹2.24 Cr Open
05 Sep 2024 Hdfc Bank Limited ₹1.46 M Open

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How Many Employees Work at Megamiles Bearing Cups?

Megamiles Bearing Cups has a workforce of 96 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Megamiles Bearing Cups, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Megamiles Bearing Cups's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Megamiles Bearing Cups
Recent Activity within the Organization
  • Charges

    Progress on A charge with Sidbi amounted to Rs. 1.00 Cr with Charge ID 101159396 was registered on 27 Sep 2025. was documented.

  • Charges

    A charge with Sidbi amounted to Rs. 4.58 Cr with Charge ID 101112668 was registered on 31 May 2025. was recorded as a recent event.

  • Charges

    Progress on A charge with State Bank Of India of Rs. 24.99 Cr registered on 02 Feb 2000 with Charge ID 90195504 was modified on 29 Mar 2025. was documented.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.13 Cr with Charge ID 101049344 was registered on 07 Feb 2025. was recorded as a recent event.

  • Charges

    A charge with Sidbi amounted to Rs. 2.24 Cr with Charge ID 101052008 was registered on 01 Feb 2025. was recorded as a recent event.

  • Charges

    The activity A charge registered on 22 Oct 2020 via Charge ID 100380154 with Sidbi was fully satisfied on 08 Nov 2024. was completed.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Megamiles Bearing Cups Private Limited?

The CIN of Megamiles Bearing Cups Private Limited is U29130KA1990PTC010653.

Where is Megamiles Bearing Cups Private Limited headquartered?

Megamiles Bearing Cups Private Limited is headquartered at Plot No 86R2, 5Th Road Jigani Industrial Area, 1St Phase Jigani Bangalore, Anekal, Karnataka, 560105.

When was Megamiles Bearing Cups Private Limited incorporated?

Megamiles Bearing Cups Private Limited was incorporated on 05 January 1990.

Who are the current directors of Megamiles Bearing Cups Private Limited?

The current directors of Megamiles Bearing Cups Private Limited are

What is the primary industry of Megamiles Bearing Cups Private Limited?

The primary industry of Megamiles Bearing Cups Private Limited is Manufacturing.

Is Megamiles Bearing Cups Private Limited a listed company?

Megamiles Bearing Cups Private Limited is unlisted.

What is the capital structure of Megamiles Bearing Cups Private Limited?

The authorized capital of Megamiles Bearing Cups Private Limited is ₹6.00 Cr, and the paid-up capital is ₹5.19 Cr.

What is the compliance status of Megamiles Bearing Cups Private Limited?

The compliance status of Megamiles Bearing Cups Private Limited is Compliant.

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