MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0008347
Megatechs Cold Forgings Private Limited - engineering in Jigani, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹30.85 Cr
▲ 2% YoY
Net profit · FY 2024
₹7.32 Lakh
Net margin 0.2%
EBITDA · FY 2024
₹2.64 Cr
EBITDA margin 8.6%
Authorised capital
₹3.5 Cr
Registered with MCA
Paid-up capital
₹2.06 Cr
Issued & subscribed
Open charges
₹18.01 Cr
Satisfied ₹8.3 Cr
Company age
21 yrs
Est. 2005
Employees · EPFO
84
Provident fund records
About Megatechs Cold Forgings Private Limited
Data last updated:
Megatechs Cold Forgings Private Limited is a private limited company based in Jigani, Karnataka, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 28 April 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U27320KA2005PTC036166. Its GSTIN is 29AAECM2947D1ZG (Karnataka).
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹2.06 Cr. It is led by directors Yadavanahalli Shivanna Mahadev (Managing Director) and Muganayakanakote Shivanna Thungasheela.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No – 109 4th Road 2nd Phase KIADB Industrial Area Jigani Hobli Ane, Kal Taluk, Karnataka, India – 560105.
As per the financials filed for FY 2024, the company reported a revenue of ₹30.85 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹7.32 Lakh (net margin 0.2%) and EBITDA of ₹2.64 Cr (EBITDA margin 8.6%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 10% over five years.
The company has about 84 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹18.01 Cr and satisfied charges of ₹8.3 Cr on record.
Megatechs Cold Forgings Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0008347). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website megamilesgroup.com.
Company details
CIN U27320KA2005PTC036166
Registration Number 036166
Incorporation Date 28 April 2005
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0008347
Key People
Yadavanahalli Shivanna Mahadev Managing Director Muganayakanakote Shivanna Thungasheela Director Recognitions & Rankings of Megatechs Cold Forgings
Contact details
Megatechs Cold Forgings Private Limited's registered office is in Jigani, Karnataka. Its website is megamilesgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No – 109 4th Road 2nd Phase KIADB Industrial Area Jigani Hobli Ane, Kal Taluk, Karnataka, India – 560105
- IndustryEngineering, Metal Foundry & Fabrication Services
To see the full contact details of Megatechs Cold Forgings Private Limited, buy the company report.
Comprehensive company report
Megatechs Cold Forgings Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Megatechs Cold Forgings is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Megatechs Cold Forgings Private Limited, buy the company report.
Financials of Megatechs Cold Forgings Private Limited
FY 2024 filings availableMegatechs Cold Forgings Private Limited reported revenue of ₹30.85 Cr (up 2% YoY) for FY 2024.
Revenue · FY 2024
₹30.85 Cr ▲ 2%
Net profit · FY 2024
₹7.32 Lakh margin 0.2%
EBITDA · FY 2024
₹2.64 Cr margin 8.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 19%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▲ 5%
3 years · compounded
▲ 16%
5 years · compounded
▲ 4%
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 2% growth in the latest year. EBITDA rose 5% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹2.64 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.32 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.6% | ||||
| Net Profit Margin | 0.2% | ||||
| 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 Megatechs Cold Forgings Private Limited, buy the company report.
Board of directors of Megatechs Cold Forgings Private Limited
Megatechs Cold Forgings has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Muganayakanakote Shivanna Thungasheela Also directs: Niranthara Precision Engineering Private Limited | Director | 25 Jun 2014 | 12 Years 4 Months | Current |
| Yadavanahalli Shivanna Mahadev Also directs: Megamiles Bearing Cups Private Limited | Managing Director | 28 Apr 2005 | 21 Years 5 Months | Current |
Peer comparison
Megatechs Cold Forgings Private Limited is compared with the 3 companies closest to it by revenue in the Engineering industry (Foundry and Fabrication), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Magnus Steels Private Limited | ₹31.31 Cr (FY 2025) | -34.0% | Chandigarh, India | |||
| Samarthkrupa Engineering India Private Limited | ₹31.24 Cr (FY 2025) | -1.0% | Nashik, Maharashtra, India | |||
| Megatechs Cold Forgings Private Limitedthis company | ₹30.85 Cr (FY 2024) | ₹7.32 Lakh | 0.2% | 2.0% | 84 | Jigani, Karnataka, India |
| HMTC Engineering Company (Kolkata) Private Limited | ₹30.66 Cr (FY 2024) | 27.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Megatechs Cold Forgings Private Limited, buy the company report.
Auditor
Megatechs Cold Forgings Private Limited is audited by M N S & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M N S & Co | FY 2023 | 003968S |
Shareholding
The shareholding of Megatechs Cold Forgings Private 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 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 Megatechs Cold Forgings Private Limited, buy the company report.
Charges & borrowings
Open charges
₹18.01 Cr
Satisfied charges
₹8.3 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Oct 2025 | 101173382 | Sidbi | ₹2 Cr | Open | |
| 24 Jul 2025 | 101140899 | Hdfc Bank Limited | ₹48.45 Lakh | Open | |
| 08 Aug 2022 | 100620724 | Others | ₹20 Lakh | Open | |
| 06 Jul 2022 | 100590606 | Karnataka State Financial Corporation | ₹4 Cr | Open | |
| 13 Jun 2008 | 10105518 | Others | ₹11.33 Cr | Open |
To see the full charge records of Megatechs Cold Forgings Private Limited, buy the company report.
Total charge records: 15 View all charges
Legal cases
No court or tribunal cases involving Megatechs Cold Forgings Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Megatechs Cold Forgings Private Limited was last rated by Brickwork on 16 Nov 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 16 Nov 2021 |
To see the full credit ratings and regulatory alerts of Megatechs Cold Forgings Private Limited, buy the company report.
MSME payment delays
Megatechs Cold Forgings Private Limited has 13 MSME Form 1 returns on record between 2019 and 2023, listing 9,021 overdue payments to 115 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 115)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Megatechs Cold Forgings Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Megatechs Cold Forgings Private Limited has a workforce of 84 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
84
Active EPFO establishments
1
Employee growth
10.53%
GST
Megatechs Cold Forgings has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECM2947D1ZG | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Megatechs Cold Forgings Private Limited, buy the company report.
Recent activity
Megatechs Cold Forgings Private Limited has 10 board changes on record since 2005: 6 appointments and 4 cessations. The latest: Muganayakanakote Shivanna Thungasheela was appointed as Director on 25 Jun 2014.
Charges
A charge with Sidbi amounted to Rs. 2.00 Cr with Charge ID 101173382 was registered on 24 Oct 2025.
AGM
Megatechs Cold Forgings Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.48 Cr with Charge ID 101140899 was registered on 24 Jul 2025.
Charges
A charge registered on 28 Jun 2022 via Charge ID 100590497 with Others was fully satisfied on 07 Jul 2025.
Charges
A charge registered on 25 Feb 2017 via Charge ID 100080477 with Karnataka State Financial Corporation was fully satisfied on 04 Apr 2025.
Filing
Megatechs Cold Forgings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Others of Rs. 11.33 Cr registered on 13 Jun 2008 with Charge ID 10105518 was modified on 10 Mar 2023.
Charges
A charge with Others amounted to Rs. 0.20 Cr with Charge ID 100620724 was registered on 08 Aug 2022.
Charges
A charge with Karnataka State Financial Corporation amounted to Rs. 4.00 Cr with Charge ID 100590606 was registered on 06 Jul 2022.
Charges
A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100590497 was registered on 28 Jun 2022.
Charges
A charge with Karnataka State Financial Corporation amounted to Rs. 3.00 Cr with Charge ID 100080477 was registered on 25 Feb 2017.
Charges
A charge registered on 21 Jan 2012 via Charge ID 10335836 with Union Bank Of India was fully satisfied on 06 May 2016.
27 earlier events are in the company report.
Frequently asked questions
Megatechs Cold Forgings is an active private limited company based in Jigani, Karnataka, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 28 April 2005 (21+ years old) and is registered under CIN U27320KA2005PTC036166.
Megatechs Cold Forgings has 2 current directors:
- Yadavanahalli Shivanna Mahadev - Managing Director
- Muganayakanakote Shivanna Thungasheela - Director
The latest financial statements of Megatechs Cold Forgings on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Megatechs Cold Forgings is 29AAECM2947D1ZG, registered in Karnataka.
The CIN (Corporate Identification Number) of Megatechs Cold Forgings is U27320KA2005PTC036166. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Megatechs Cold Forgings was incorporated on 28 April 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Megatechs Cold Forgings by revenue are Magnus Steels Private Limited, Samarthkrupa Engineering India Private Limited, HMTC Engineering Company (Kolkata) Private Limited, all in the Engineering industry (Foundry and Fabrication), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Muganayakanakote Shivanna Thungasheela was appointed as Director on 25 Jun 2014. Shivanna Rudraprasad ceased to be Director on 25 Jun 2014. Praveen Sharanappa Agadi ceased to be Director on 29 Sep 2012. Megatechs Cold Forgings has 10 board changes on record in total.
Yes, Megatechs Cold Forgings is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0008347).
Megatechs Cold Forgings has 13 MSME Form 1 returns on record between 2019 and 2023, listing 9,021 overdue payments to 115 micro and small suppliers. The latest return was filed on 04 Jan 2024.
Megatechs Cold Forgings can be reached through the website megamilesgroup.com. Its registered office is in Jigani, Karnataka, India.
The registered office of Megatechs Cold Forgings is at Plot No – 109 4th Road 2nd Phase KIADB Industrial Area Jigani Hobli Ane, Kal Taluk, Karnataka, India – 560105.