- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0030776

About Meganet Technologies Global Limited
Data last updated:
Meganet Technologies Global Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the IT infrastructure management and services segment of the technology and IT services sector. It was incorporated on 11 August 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH1997PLC109984. Its GSTIN is 27AAACM9782E1Z7 (Maharashtra). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹9.54 Cr. It is led by directors including Amrish Dulraj Pipada (Managing Director) and Shreyans Amrish Pipada (Whole-Time Director).
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Unit No. 7 Bishen Udyog Minerva Industrial Estate Mulund West, Mumbai, Maharashtra, India – 400080.
As per the financials filed for FY 2025, the company reported a revenue of ₹312.43 Cr, a growth of 32% compared to the previous year. For the same year it recorded a net profit of ₹31.89 Cr (net margin 10.2%) and EBITDA of ₹43.03 Cr (EBITDA margin 13.8%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 41% over five years.
The company is associated with 1 brand: Mega Networks. As per MCA filings, the company has open charges of ₹105 Cr and satisfied charges of ₹42.05 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending. The company has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹15.4 Lakh; the latest was in September 2024. The company has 13 MSME Form 1 returns on record between 2019 and 2024, listing 101 overdue payments to 22 micro and small suppliers.
Meganet Technologies Global Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0030776). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website meganet1.com.
Company details
CIN history
Meganet Technologies Global has one previous CIN (Corporate Identification Number): U72200MH1997PTC109984. The current CIN is U72200MH1997PLC109984, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200MH1997PLC109984 | Current |
| U72200MH1997PTC109984 | Previous |
Recognitions & Rankings of Meganet Technologies Global
Contact details
Meganet Technologies Global Limited's registered office is in Mumbai, Maharashtra. Its website is meganet1.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit No. 7 Bishen Udyog Minerva Industrial Estate Mulund West, Mumbai, Maharashtra, India – 400080
- IndustryInformation Technology, IT Infrastructure Management & Services
To see the full contact details of Meganet Technologies Global 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
Meganet Technologies Global operates one associated brand: Mega Networks. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Networking, cloud, analytics, and related services are provided globally. | meganet1.com |
Business activity
The main business activity of Meganet Technologies Global is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Meganet Technologies Global Limited, buy the company report.
Financials of Meganet Technologies Global Limited
FY 2025 filings availableMeganet Technologies Global Limited reported revenue of ₹312.43 Cr (up 32% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 41% over five years, including 32% growth in the latest year. EBITDA rose 25% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹312.43 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹43.03 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹31.89 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.8% | ||||
| Net Profit Margin | 10.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Meganet Technologies Global Limited, buy the company report.
Board of directors of Meganet Technologies Global Limited
Meganet Technologies Global has 6 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shreyans Amrish Pipada Also directs: Mega Infosolutions Private Limited | Whole-Time Director | 21 Apr 2016 | 10 Years 6 Months | Current |
| Amrish Dulraj Pipada | Managing Director | 11 Aug 1997 | 29 Years 2 Months | Current |
| Veeraswamy Subramaniam Sairam Also directs: Samsoft AI Technologies Private Limited | Director | 03 Dec 2024 | 1 Years 10 Months | Current |
| Sanjeev Keskar Also directs: Tera6 Management Services LLP, Kues Innovations Private Limited, Hoags Technologies India Private Limited and 4 more | Director | 05 Nov 2024 | 1 Years 11 Months | Current |
| Esha Padmanabhan Achan Also directs: Rossari Biotech Limited, Man Industries (India) Limited | Director | 05 Nov 2024 | 1 Years 11 Months | Current |
| Amit Dulraj Pipada Also directs: Fusionstor Technologies Private Limited | Whole-Time Director | 01 Sep 2024 | 2 Years 1 Months | Current |
Auditor
Meganet Technologies Global Limited is audited by HARISH HEDGE & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HARISH HEDGE & CO | FY 2023 | 128540W |
Shareholding
The shareholding of Meganet Technologies Global Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Meganet Technologies Global Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Jul 2026 | 101353457 | Others | ₹45 Cr | Open | |
| 06 Aug 2025 | 101145011 | Hdfc Bank Limited | ₹60 Cr | Open | |
| 10 Jun 2014 | 10553783 | Ing Vysya Bank Limited | ₹1.5 Cr | Satisfied | |
| 25 Aug 2011 | 10311729 | Others | ₹33.77 Cr | Satisfied | |
| 02 Jan 2009 | 10138941 | Punjab National Bank | ₹2 Cr | Satisfied |
To see the full charge records of Meganet Technologies Global Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
Meganet Technologies Global Limited has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹15.4 Lakh; the latest was in September 2024.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2024 | Secondary share transfer | Undisclosed | Buyer: Sangeeta A Pipada Family Trust, Amit Pipada Family Trust, 2 individuals Seller: 3 individuals |
| Sep 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Oshin Investments & Finance Pvt. Ltd. , Hingora Finvest Private Limited, Clifton Securities Private Limited |
| Aug 2008 | Funding round | ₹1.8 Lakh | Investors: Oshin Investments & Finance Pvt. Ltd. , Hingora Finvest Private Limited, Clifton Securities Private Limited |
| Mar 2007 | Funding round | ₹13.6 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Meganet Technologies Global Limited has 1 court case on record: 1 filed by Meganet Technologies Global. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed by the company against VRS Intelligent Innovative System Pvt Ltd | Pending |
To see the full case history of Meganet Technologies Global 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
Meganet Technologies Global Limited has 13 MSME Form 1 returns on record between 2019 and 2024, listing 101 overdue payments to 22 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 22)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Costa Power Industries Private Limited | |||
| Shree Jee Elevators India Private Limited | |||
| Ultrasyst | |||
| Primenumbers Technologies Private Limited | |||
| Criticalog India Private Limited |
To see the full MSME payment records of Meganet Technologies Global Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Meganet Technologies Global has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACM9782E1Z7 | Maharashtra | Active | 01 Jul 2017 |
| 07AAACM9782E2Z8 | Delhi | Active | 18 Jun 2026 |
To see the full GST registrations and return filing status of Meganet Technologies Global Limited, buy the company report.
Recent activity
Meganet Technologies Global Limited has 14 board changes on record since 1997: 6 appointments and 8 cessations. The latest: Veeraswamy Subramaniam Sairam ceased to be Additional Director on 12 Dec 2024.
28 earlier events are in the company report.
Frequently asked questions
Meganet Technologies Global is an active public limited company based in Mumbai, Maharashtra, India. The company works in IT infrastructure management and services, within the information technology industry. It was incorporated on 11 August 1997 (29+ years old) and is registered under CIN U72200MH1997PLC109984.
Meganet Technologies Global has 6 current directors:
- Amrish Dulraj Pipada - Managing Director
- Shreyans Amrish Pipada - Whole-Time Director
- Amit Dulraj Pipada - Whole-Time Director
- Veeraswamy Subramaniam Sairam - Director
- Sanjeev Keskar - Director
- Esha Padmanabhan Achan - Director
The latest financial statements of Meganet Technologies Global on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Meganet Technologies Global is 27AAACM9782E1Z7, registered in Maharashtra. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 07AAACM9782E2Z8 (Delhi).
The CIN (Corporate Identification Number) of Meganet Technologies Global is U72200MH1997PLC109984. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Meganet Technologies Global has 1 court case on record: 1 filed by the company. 1 is pending.
Meganet Technologies Global was incorporated on 11 August 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.
Meganet Technologies Global has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹15.4 Lakh; the latest was in September 2024.
Veeraswamy Subramaniam Sairam ceased to be Additional Director on 12 Dec 2024. Veeraswamy Subramaniam Sairam was appointed as Director on 03 Dec 2024. Esha Padmanabhan Achan was appointed as Director on 05 Nov 2024. Meganet Technologies Global has 14 board changes on record in total.
Yes, Meganet Technologies Global is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0030776).
Meganet Technologies Global has 13 MSME Form 1 returns on record between 2019 and 2024, listing 101 overdue payments to 22 micro and small suppliers. The latest return was filed on 01 May 2024.