Goyal Mg Gases Profile
Key Indicators
- Authorised Capital ₹ 25.00 Cr
- Paid Up Capital ₹ 12.74 Cr
- Company Age 51 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 574.37 Cr
- Satisfied Charges ₹ 543.83 Cr
- Revenue Growth -1.92%
- Profit Growth 200.92%
- Ebitda 46.26%
- Net Worth 9.36%
- Total Assets 7.81%
About Goyal Mg Gases
Goyal Mg Gases Private Limited (GMGPL) was founded in India on 23 April 1973 and has a glorious history of 51 years and 11 months. Its registered office is in Delhi, India.
The Corporate was formerly known as Goyal Gases Pvt Ltd. The Company is engaged in the Chemicals And Materials Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 25.00 Cr and a paid-up capital of Rs 12.74 Cr.
The company currently has active open charges totaling ₹574.37 Cr. The company has closed loans amounting to ₹543.83 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Goyal Mg Gases Private Limited India is Sriniwas Chandan as COMPANY SECRETARY. Suresh Goyal, Shahzeb Khan, and Mukesh Gupta serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74899DL1973PTC006578
- Company No.
006578
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
23 Apr 1973
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Chemicals and Materials
What products or services does Goyal Mg Gases Private Limited offer?
Goyal Mg Gases Private Limited offers a wide range of products and services, including PET Granules & Plastic Raw Material, PP Granules, Industrial Chemicals & Supplies, Chemical Compound, Chemical Plants & Machinery, Petrochemical Refineries, Industrial Gases, Surgical & ICU Equipments, Oxygen Cylinder, Plastic Granules.
Who are the key members and board of directors at Goyal Mg Gases?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Suresh Goyal  | Managing Director | 24-Apr-1974 | Current |
| Sriniwas Chandan | Company Secretary | 20-Mar-2010 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Mukesh Gupta | Whole-Time Director | 13-Feb-2018 | Current |
| Shahzeb Khan | Director | 24-Jan-2014 | Current |
Financial Performance of Goyal Mg Gases.
Goyal Mg Gases Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 1.92% decrease. The company also saw a substantial improvement in profitability, with a 200.92% increase in profit. The company's net worth moved up by a moderate rise of 9.36%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Goyal Mg Gases?
In 2023, Goyal Mg Gases had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Neo Asset Management Private LimitedSuresh Goyal is a mutual person
- Rugby Renergy Private Limited
Suresh Goyal and Shahzeb Khan are mutual person
- Goyal Gases Private Limited
Suresh Goyal is a mutual person
- Poysha Communications Systems Private Limited
Suresh Goyal is a mutual person
- Poysha Electric Supply Company Private Limited
Suresh Goyal and Shahzeb Khan are mutual person
Poysha Power Projects Private LimitedSuresh Goyal is a mutual person
Charges (Loans)
Open Charges
₹574.37 Cr
Satisfied Charges
₹543.83 Cr
Charges Breakdown by Lending Institutions
- Others : 500.00 Cr
- Hdfc Bank Limited : 71.45 Cr
- Axis Bank Limited : 2.92 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Sep 2024 | Others | ₹40.00 Cr | Open |
| 18 Jun 2024 | Hdfc Bank Limited | ₹1.45 Cr | Open |
| 30 May 2024 | Others | ₹50.00 Cr | Open |
| 28 Mar 2024 | Axis Bank Limited | ₹2.92 Cr | Open |
| 28 Mar 2024 | Hdfc Bank Limited | ₹70.00 Cr | Open |
How Many Employees Work at Goyal Mg Gases?
Goyal Mg Gases has a workforce of 63 employees as of Jul 19, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Goyal Mg Gases, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Goyal Mg Gases's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Goyal Mg Gases
Recent activity within the organization
- Charges
A charge with Others amounted to Rs. 40.00 Cr with Charge ID 100980446 was registered on 02 Sep 2024.
- Charges
A charge with Others of Rs. 35.00 Cr registered on 09 Nov 2022 with Charge ID 100628599 was modified on 02 Sep 2024.
- Charges
A charge registered on 19 Aug 2022 via Charge ID 100603420 with Others was fully satisfied on 30 Aug 2024.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.45 Cr with Charge ID 100942129 was registered on 18 Jun 2024.
- Charges
A charge with Others amounted to Rs. 50.00 Cr with Charge ID 100936327 was registered on 30 May 2024.
- Charges
A charge registered on 30 Mar 2023 via Charge ID 100697963 with State Bank Of India was fully satisfied on 30 Apr 2024.
Recent News, Updates & Announcement
Lenders may invite fresh bids for Jhabua power plant sale | Mint.Lenders are seeking fresh bids after attempts to sell Avantha Group's Jhabua Power Ltd to Goyal Gases failed.
- Goyal Gases emerges highest bidder for Avantha Power unit | Mint.
Goyal Gases has agreed to pay 2,350 crore in enterprise value for a controlling stake in Avantha's Jhabua Power which was auctioned by banks led by Axis Bank.
Frequently asked questions
What is the Incorporation or founding date of Goyal Mg Gases Private Limited?
Goyal Mg Gases Private Limited was incorporated on 23 Apr 1973.
What is authorized share capital and paid-up capital of Goyal Mg Gases Private Limited?
The authorized share capital of Goyal Mg Gases Private Limited is ₹ 25.00 Cr and paid-up capital is ₹ 12.74 Cr.
Who are the current board members & directors of Goyal Mg Gases Private Limited?
Currently 4 directors are associated with Goyal Mg Gases Private Limited.
- Suresh Chand Goyal
- Shahzeb Khan
- Mukesh Gupta
- Sriniwas Chandan
What is the registered address of Goyal Mg Gases Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Goyal Mg Gases Private Limited is 53 Friends Colony East New India, New Delhi, 110065.
What is the corporate identification number (CIN) and company number of Goyal Mg Gases Private Limited?
The corporate identification number (CIN) of Goyal Mg Gases Private Limited is U74899DL1973PTC006578 and the company number is 006578 as per Ministry of Corporate Affairs (MCA).
What is the official website of Goyal Mg Gases Private Limited?
The Official website of Goyal Mg Gases Private Limited is https://www.goyalgroup.com
What has been the recent revenue trend for Goyal Mg Gases Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Goyal Mg Gases Private Limited has fallen by -1.92%.
How many employees does Goyal Mg Gases Private Limited currently have?
As Per 2023 financial reports, 63 employees are currently employed by Goyal Mg Gases Private Limited.
What change has been observed in the net worth of Goyal Mg Gases Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Goyal Mg Gases Private Limited has experienced an upsurge of 9.36%.
What are the total open charges for Goyal Mg Gases Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Goyal Mg Gases Private Limited amount to ₹ 574.37 Cr.
When was the last Balance Sheet of Goyal Mg Gases Private Limited filed with the ROC?
The most recent Balance Sheet for Goyal Mg Gases Private Limited was filed with the ROC on 31 Mar 2023.
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