
About Megasoft Retail Private Limited
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Megasoft Retail Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the life insurance. non life insurance segment of the insurance sector. It was incorporated on 17 November 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U47912MH2011PTC224009.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1 Lakh. It is led by directors including Mayur Ratilal Suchak and Ratisha Mayur Suchak.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹15,950, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹86.96 Lakh and EBITDA of -₹86.96 Lakh. Revenue has grown at a compounded annual rate (CAGR) of 4% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website magusindia.co.
Company details
CIN history
Megasoft Retail has one previous CIN (Corporate Identification Number): U65923MH2011PTC224009. The current CIN is U47912MH2011PTC224009, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U47912MH2011PTC224009 | Current |
| U65923MH2011PTC224009 | Previous |
Contact details
Megasoft Retail Private Limited's registered office is in Mumbai, Maharashtra. Its website is magusindia.co. Its e-mail address is in the company report.
- Email
- Website
- Registered Address801 & 802 8th Floor Viraj Tower Western Express Highway Andheri (E) Naga, Near Landmark Building, Mumbai, Maharashtra, India – 400069
- IndustryInsurance, Life Insurance. Non Life Insurance
To see the full contact details of Megasoft Retail 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
Financials of Megasoft Retail Private Limited
FY 2025 filings availableMegasoft Retail Private Limited reported revenue of ₹15,950 (up 470% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 470% growth 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 |
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| EBITDA | -₹86.96 Lakh | ||||
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| Net Profit (PAT) | -₹86.96 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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To see the full financial statements and ratios of Megasoft Retail Private Limited, buy the company report.
Board of directors of Megasoft Retail Private Limited
Megasoft Retail has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mayur Ratilal Suchak Also directs: Magus Consulting Pvt Ltd, Magus New-Energy Private Limited, Magus Development Management Private Limited and 5 more | Director | 14 Aug 2023 | 3 Years 2 Months | Current |
| Ratisha Mayur Suchak Also directs: Magus Consulting Pvt Ltd, Magus New-Energy Private Limited, Magus Development Management Private Limited and 5 more | Director | 24 Mar 2023 | 3 Years 7 Months | Current |
| Deepti Mayur Suchak Also directs: Magus Consulting Pvt Ltd, Magus New-Energy Private Limited, Magus Development Management Private Limited and 5 more | Director | 14 Aug 2023 | 3 Years 2 Months | Current |
| Pravinchandra Parsotambhai Samani Also directs: Magus Consulting Pvt Ltd, Magus New-Energy Private Limited, Magus Development Management Private Limited and 5 more | Director | 24 Mar 2023 | 3 Years 7 Months | Current |
Auditor
Megasoft Retail Private Limited is audited by S.M. Bhat & Associates for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.M. Bhat & Associates | FY 2017 | 131347W |
Shareholding
The shareholding of Megasoft Retail Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Megasoft Retail Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Megasoft Retail Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Megasoft Retail Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Megasoft Retail Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Megasoft Retail Private Limited has 8 board changes on record since 2023: 4 appointments and 4 cessations. The latest: Pravinchandra Parsotambhai Samani ceased to be Additional Director on 29 Sep 2023.
Frequently asked questions
Megasoft Retail is an active private limited company based in Mumbai, Maharashtra, India. The company works in life insurance. non life insurance, within the insurance industry. It was incorporated on 17 November 2011 (15+ years old) and is registered under CIN U47912MH2011PTC224009.
Megasoft Retail has 4 current directors:
- Mayur Ratilal Suchak - Director
- Ratisha Mayur Suchak - Director
- Deepti Mayur Suchak - Director
- Pravinchandra Parsotambhai Samani - Director
The latest financial statements of Megasoft Retail on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Megasoft Retail is U47912MH2011PTC224009. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Megasoft Retail was incorporated on 17 November 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Pravinchandra Parsotambhai Samani ceased to be Additional Director on 29 Sep 2023. Ratisha Mayur Suchak ceased to be Additional Director on 29 Sep 2023. Deepti Mayur Suchak was appointed as Director on 14 Aug 2023. Megasoft Retail has 8 board changes on record in total.
Megasoft Retail can be reached through the website magusindia.co. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Megasoft Retail is at 801 & 802 8th Floor Viraj Tower Western Express Highway Andheri E Naga, Near Landmark Building, Mumbai, Maharashtra, India – 400069.
Megasoft Retail operates in the insurance industry, in the life insurance. non life insurance segment.
The compliance status of Megasoft Retail is compliant as of 14 September 2026. The company is actively filing with the Registrar of Companies.