Mega Bytes IT Private Limited

Mega Bytes IT Private Limited - information technology in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN U72900DL2016PTC304474 Incorporated 16 August 2016 ROC Delhi HQ New Delhi, Delhi, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2020
₹1.59 Lakh
▼ 100% YoY
Net loss · FY 2020
₹80,895
Net margin -50.9%
EBITDA · FY 2020
-₹80,895
EBITDA margin -50.9%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Mega Bytes IT Private Limited

Data last updated:

Mega Bytes IT Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 16 August 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72900DL2016PTC304474. Its GSTIN is 07AAKCM5289Q1ZG (Delhi).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Hardavinder Singh Bakhshi and Pavneet Singh Bakshi.

Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Wz – 32 Asalatpur Janakpuri, New Delhi, Delhi, India – 110058.

As per the financials filed for FY 2020, the company reported a revenue of ₹1.59 Lakh, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹80,895 (net margin -50.9%) and EBITDA of -₹80,895 (EBITDA margin -50.9%).

Court records list 6 cases involving the company, including 6 filed against it.

The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website megabytesindia.com.

Company details

CIN U72900DL2016PTC304474
Registration Number 304474
Incorporation Date 16 August 2016
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 December 2020
Date of Balance Sheet 31 March 2020
Compliance Status Active Non-Compliant

Contact details

Mega Bytes IT Private Limited's registered office is in New Delhi, Delhi. Its website is megabytesindia.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Wz – 32 Asalatpur Janakpuri, New Delhi, Delhi, India – 110058
  • Industry
    Information Technology, IT Products Retail & Distribution

To see the full contact details of Mega Bytes IT Private Limited, buy the company report.

Comprehensive company report
Mega Bytes IT 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 Mega Bytes IT is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Mega Bytes IT Private Limited, buy the company report.

Financials of Mega Bytes IT Private Limited

FY 2020 filings available

Mega Bytes IT Private Limited reported revenue of ₹1.59 Lakh (down 100% YoY) for FY 2020.

Revenue · FY 2020
₹1.59 Lakh ▼ 100%
Net loss · FY 2020
₹80,895 margin -50.9%
EBITDA · FY 2020
-₹80,895 margin -50.9%

Financial Statement Summary

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹80,895
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹80,895
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profitability
EBITDA Margin-50.9%
Net Profit Margin-50.9%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Mega Bytes IT Private Limited, buy the company report.

Board of directors of Mega Bytes IT Private Limited

Mega Bytes IT has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Hardavinder Singh BakhshiDirector16 Aug 201610 Years 2 MonthsCurrent
Pavneet Singh BakshiDirector16 Aug 201610 Years 2 MonthsCurrent

Auditor

Mega Bytes IT Private Limited is audited by GROVER BHASIN & ASSOCIATES for the financial year 2017.

Auditor firmFinancial yearFirm registration number
GROVER BHASIN & ASSOCIATESFY 2017018139N

Shareholding

The shareholding of Mega Bytes IT Private Limited is on record for FY 2017, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2017
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Mega Bytes IT Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Mega Bytes IT Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Mega Bytes IT has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
07AAKCM5289Q1ZGDelhiActive01 Jul 2017

To see the full GST registrations and return filing status of Mega Bytes IT Private Limited, buy the company report.

Recent activity

Mega Bytes IT Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Hardavinder Singh Bakhshi was appointed as Director on 16 Aug 2016.

AGM
Mega Bytes It Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.
Filing
Mega Bytes It Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Delhi I.
Appointed
Hardavinder Singh Bakhshi was appointed as Director.
Appointed
Pavneet Singh Bakshi was appointed as Director.
Incorporation
16 Aug 2016
Mega Bytes It Private Limited was registered on 16 Aug 2016 with Roc Delhi I & aged 10 years 2 months as per MCA records.

Frequently asked questions

Mega Bytes IT is an active private limited company based in New Delhi, Delhi, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 16 August 2016 (10+ years old) and is registered under CIN U72900DL2016PTC304474.

Mega Bytes IT has 2 current directors:

The latest financial statements of Mega Bytes IT on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from FY 2017 are in the company report.

The GSTIN of Mega Bytes IT is 07AAKCM5289Q1ZG, registered in Delhi.

The CIN (Corporate Identification Number) of Mega Bytes IT is U72900DL2016PTC304474. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Mega Bytes IT has 6 court cases on record: 6 filed against it.

Mega Bytes IT was incorporated on 16 August 2016, making it 10+ years old. It is registered with the Registrar of Companies, Delhi.

Hardavinder Singh Bakhshi was appointed as Director on 16 Aug 2016. Pavneet Singh Bakshi was appointed as Director on 16 Aug 2016.

Mega Bytes IT can be reached through the website megabytesindia.com. Its registered office is in New Delhi, Delhi, India.

The registered office of Mega Bytes IT is at Wz – 32 Asalatpur Janakpuri, New Delhi, Delhi, India – 110058.