About Megatech Digital Private Limited
Data last updated:
Megatech Digital Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 04 July 2015.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2015PTC266328.
The company had an authorised share capital of ₹6.01 Cr and a paid-up capital of ₹11.83 Lakh. It was led by directors Angshuman Chaliha and Ruchi Agarwal.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹11.26 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹6.38 Cr and EBITDA of ₹2.53 Lakh (EBITDA margin 22.5%). Revenue has grown at a compounded annual rate (CAGR) of 75% over three years and 10% over five years.
The company was associated with 1 brand: Adevole. Court records list 4 cases involving the company, including 4 filed by the company. The company has 6 deals on record (3 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹10.41 Cr; the latest was in March 2022.
The last known website on record is adevole.com.
Company details
Contact details
Megatech Digital Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address324 B – Wing Orchard Road Mall Royal Palms Estate Aarey Milk Colony Survey No. 169 Goreg, Aon (East), Mumbai, Maharashtra, India – 400065
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Megatech Digital 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
Brands
Megatech Digital operates one associated brand: Adevole. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops and provides Shopify apps with simple design and support for online stores. | adevole.com |
Business activity
The main business activity of Megatech Digital is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Megatech Digital Private Limited, buy the company report.
Financials of Megatech Digital Private Limited
FY 2023 filings availableMegatech Digital Private Limited reported revenue of ₹11.26 Lakh (up 295% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 295% growth in the latest year. EBITDA rose 112% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹2.53 Lakh | ||||
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| Net Profit (PAT) | -₹6.38 Cr | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | 22.5% | ||||
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To see the full financial statements and ratios of Megatech Digital Private Limited, buy the company report.
Board of directors of Megatech Digital Private Limited
Megatech Digital has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Angshuman Chaliha | Director | 01 Jul 2019 | 7 Years 4 Months | As last reported |
| Ruchi Agarwal Also directs: Manomay Embroiders LLP, Fair Bridge Hotels (India) Private Limited | Director | 01 Jul 2019 | 7 Years 4 Months | As last reported |
Auditor
Megatech Digital Private Limited is audited by H.Y.Pancha And Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H.Y.Pancha And Associates | FY 2022 | 0107273W |
Shareholding
The shareholding of Megatech Digital Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Megatech Digital Private Limited, buy the company report.
Deals & funding
Megatech Digital Private Limited has 6 deals on record (3 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹10.41 Cr; the latest was in March 2022.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Dec 2021 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Yukti Securities, Asa Retail Solutions Private Limited , 2 individuals |
| Sep 2020 | Rights issue | ₹10 Lakh | Investors: an individual |
| Jun 2019 | Funding round | ₹4.56 Cr | Investors: Yukti Securities, Asa Retail Solutions Private Limited , 2 individuals |
| Sep 2017 | Funding round | ₹5.85 Cr | Investors: Sri Kode Finvest Private Limited , Sri KSSV Finvest Private Limited , Spectra Shares and Scrips Private Limited |
To see the full deal history of Megatech Digital Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Megatech Digital Private Limited has 4 court cases on record: 4 filed by Megatech Digital. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 4 | 0 | 0 |
Cases on record (2 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| NCLT, Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Megatech Digital 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 Megatech Digital Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Megatech Digital has 1 associated company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Megatech Digital Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Megatech Digital Private Limited has 7 board changes on record since 2019: 2 appointments and 5 cessations. The latest: Ruchi Barche ceased to be Company Secretary on 20 Nov 2019.
Frequently asked questions
Megatech Digital has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Megatech Digital was a private limited company based in Mumbai, Maharashtra, India. The company worked in business and IT consulting, within the business outsourcing industry. It was incorporated on 04 July 2015 and is registered under CIN U74900MH2015PTC266328. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Megatech Digital was incorporated on 04 July 2015. It is registered with the Registrar of Companies, Mumbai.
Megatech Digital had 2 directors:
- Angshuman Chaliha - Director
- Ruchi Agarwal - Director
The CIN (Corporate Identification Number) of Megatech Digital is U74900MH2015PTC266328. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Megatech Digital is at 324 B – Wing Orchard Road Mall Royal Palms Estate Aarey Milk Colony Survey No. 169 Goreg, Aon East, Mumbai, Maharashtra, India – 400065.
Megatech Digital can be reached through the website adevole.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Megatech Digital on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2016 are in the company report.
Megatech Digital operated in the business outsourcing industry, in the business and IT consulting segment.
Megatech Digital has 6 deals on record (3 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹10.41 Cr; the latest was in March 2022.
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