- 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.
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
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressUnit No. 7 Bishen Udyog Minerva Industrial Estate Mulund West, Mumbai, Maharashtra, India – 400080
- IndustryInformation Technology, IT Infrastructure Management & Services
- 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
- One PDF report, delivered after checkout
Associated 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 | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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 2020-21 to FY 2023-24in the company report |
|---|---|---|
| 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 | ||
| 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
| Metrics | FY 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 13.8% | |
| Net Profit Margin | 10.2% | |
| 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 | •••• | |
Paid data: the figures shown as dots, and every line for FY 2020-21 to FY 2023-24, are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Meganet Technologies Global are in the company report.
: available in 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 Details
Meganet Technologies Global Limited is audited by HARISH HEDGE & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| HARISH HEDGE & CO | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Jul 2026 | Others | ₹45 Cr | Open |
| 06 Aug 2025 | Hdfc Bank Limited | ₹60 Cr | Open |
| 10 Jun 2014 | Ing Vysya Bank Limited | ₹1.5 Cr | Satisfied |
| 25 Aug 2011 | Others | ₹33.77 Cr | Satisfied |
| 02 Jan 2009 | Punjab National Bank | ₹2 Cr | Satisfied |
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 |
: available in the company report
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 |
: available in 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 | •••• | •••• | •••• |
: available in the company report
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Meganet Technologies Global.
: available in 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 listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
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 |
: available in the company report
MCA Filings & Documents
: available 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.