Goyal Mg Gases Private Limited

This company manufactures and sells industrial gases and operates wind power plants.

1973 | Delhi (India) | Active
Last Updated: October 24, 2024

Goyal Mg Gases Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 12.74 Cr
  • Company Age 51 Year, 10 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 ten 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

    goyalgroup.com

  • 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)

NameDesignationAppointment DateStatus
Suresh Goyal Country flag representing In Managing Director24-Apr-1974Current
Sriniwas Chandan Country flag representing In Company Secretary20-Mar-2010Current

Board Members (2)

NameDesignationAppointment DateStatus
Mukesh Gupta Country flag representing In Whole-Time Director 13-Feb-2018Current
Shahzeb Khan Country flag representing In Director 24-Jan-2014Current

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%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-1.92%
Revenue from Operations
-8.34%
Total Assets
7.81%
Profit or Loss
200.92%
Net Worth
9.36%
EBITDA
46.26%

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.

Shareholding Indicator graph

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

DateLenderAmountStatus
02 Sep 2024Others₹40.00 CrOpen
18 Jun 2024Hdfc Bank Limited₹1.45 CrOpen
30 May 2024Others₹50.00 CrOpen
28 Mar 2024Axis Bank Limited₹2.92 CrOpen
28 Mar 2024Hdfc Bank Limited₹70.00 CrOpen

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Graph displaying rating trends over time

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

Alert Indicator

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.

    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.

    02 Sep 2024

  • Charges

    A charge registered on 19 Aug 2022 via Charge ID 100603420 with Others was fully satisfied on 30 Aug 2024.

    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.

    18 Jun 2024

  • Charges

    A charge with Others amounted to Rs. 50.00 Cr with Charge ID 100936327 was registered on 30 May 2024.

    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.

    30 Apr 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Goyal Mg Gases Private Limited was incorporated on 23 Apr 1973.

  • The authorized share capital of Goyal Mg Gases Private Limited is ₹ 25.00 Cr and paid-up capital is ₹ 12.74 Cr.

  • Currently 4 directors are associated with Goyal Mg Gases Private Limited.

    • Suresh Chand Goyal
    • Shahzeb Khan
    • Mukesh Gupta
    • Sriniwas Chandan
  • 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.

  • 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).

  • The Official website of Goyal Mg Gases Private Limited is https://www.goyalgroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Goyal Mg Gases Private Limited has fallen by -1.92%.

  • As Per 2023 financial reports, 63 employees are currently employed by Goyal Mg Gases Private Limited.

  • 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%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Goyal Mg Gases Private Limited amount to ₹ 574.37 Cr.

  • The most recent Balance Sheet for Goyal Mg Gases Private Limited was filed with the ROC on 31 Mar 2023.

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