M B Granites Private Limited

Imports, exports, and trades granite, marble, and natural stones since 1990 in Bangalore, Karnataka.

1990 | Bangaluru, Karnataka (India) | Active
Last Updated: November 16, 2024

M B Granites Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.53 M
  • Company Age 34 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 20.93 Cr
  • Satisfied Charges ₹ 2.76 Cr
  • Revenue Growth -7.10%
  • Profit Growth 0.15%
  • Ebitda -4.14%
  • Net Worth 9.70%
  • Total Assets 31.68%

About M B Granites

M B Granites Private Limited (MBGPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 July 1990 and has a history of 34 years and six months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 4.53 M.

The company currently has active open charges totaling ₹20.93 Cr. The company has closed loans amounting to ₹2.76 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ashish Somani, Priyanka Somani, Surajbhan Somani, and Two other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U14102KA1990PTC073799

  • Company No.

    073799

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Jul 1990

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Manufacturing

Who are the key members and board of directors at M B Granites?

Board Members (5)

Name Designation Appointment Date Status
Ashish Somani Country flag representing In Director 16-Sep-2002 Current
Priyanka Somani Country flag representing In Director 20-Dec-2004 Current
Surajbhan Somani Country flag representing In Director 20-Jan-2001 Current
Sharda Somani Country flag representing In Director 16-Sep-2002 Current
Richa Somani Country flag representing In Director 08-Jan-2013 Current

Financial Performance of M B Granites.

M B Granites Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 7.1% decrease. The company also saw a slight improvement in profitability, with a 0.15% increase in profit. The company's net worth moved up by a moderate rise of 9.7%.

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
-7.10%
Revenue from Operations
-8.64%
Total Assets
31.68%
Profit or Loss
0.15%
Net Worth
9.70%
EBITDA
-4.14%

What is the Ownership and Shareholding Structure of M B Granites?

In 2023, M B Granites had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹209.28 M

Satisfied Charges

₹27.60 M

Charges Breakdown by Lending Institutions

  • Others : 14.78 Cr
  • Hdfc Bank Limited : 5.00 Cr
  • The Bank Of Rajasthan Limited : 1.15 Cr

Latest Charge Details

Date Lender Amount Status
28 Jun 2013 Others ₹14.78 Cr Open
10 Jul 2012 Hdfc Bank Limited ₹2.50 Cr Open
09 Jul 2012 Hdfc Bank Limited ₹2.50 Cr Open
29 Mar 2006 The Bank Of Rajasthan Limited ₹1.15 Cr Open
02 Mar 2010 Hdfc Bank Limited ₹1.00 Cr Satisfied

How Many Employees Work at M B Granites?

Unlock and access historical data on people associated with M B Granites, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of M B Granites, 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 M B Granites'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 M B Granites

Recent activity within the organization

  • Annual General Meeting

    M B Granites Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    M B Granites Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 147.78 M registered on 28 Jun 2013 with Charge ID 10441741 was modified on 17 Oct 2022.

    17 Oct 2022

  • Charges

    A charge registered on 02 Mar 2010 via Charge ID 10218316 with Hdfc Bank Limited was fully satisfied on 25 Nov 2013.

    25 Nov 2013

  • Charges

    A charge with Others amounted to Rs. 147.78 M with Charge ID 10441741 was registered on 28 Jun 2013.

    28 Jun 2013

  • Charges

    A charge registered on 29 Mar 2006 via Charge ID 10154497 with The Bank Of Rajasthan Limited was fully satisfied on 24 Jun 2013.

    24 Jun 2013

Frequently asked questions

  • M B Granites Private Limited was incorporated on 06 Jul 1990.

  • The authorized share capital of M B Granites Private Limited is ₹ 5.00 M and paid-up capital is ₹ 4.53 M.

  • Currently 5 directors are associated with M B Granites Private Limited.

    • Ashish Somani
    • Priyanka Somani
    • Surajbhan Somani
    • Sharda Somani
    • Richa Somani
  • As per Ministry of Corporate Affairs (Mca), the registered address of M B Granites Private Limited is Plot No.32 Jigani Indl.Area I Phase Sy.No.124-P 130-P Villege Hobli, Ekal Taluk India, Bangalore, Karnataka, 562106.

  • The corporate identification number (CIN) of M B Granites Private Limited is U14102KA1990PTC073799 and the company number is 073799 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for M B Granites Private Limited has fallen by -7.10%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of M B Granites Private Limited has experienced an upsurge of 9.70%.

  • As per the financial statements for fiscal Year 2023, The total open charges for M B Granites Private Limited amount to ₹ 20.93 Cr.

  • The most recent Balance Sheet for M B Granites Private Limited was filed with the ROC on 31 Mar 2024.

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