What is the Incorporation or founding date of M G Automotives Private Limited?

M G Automotives Private Limited was incorporated on 29 Nov 1984.

What is authorized share capital and paid-up capital of M G Automotives Private Limited?

The authorized share capital of M G Automotives Private Limited is ₹ 30000000.0 and paid-up capital is ₹ 9000000.0.

Who are the current board members & directors of M G Automotives Private Limited?

Currently 3 directors are associated with M G Automotives Private Limited. Anil Mohan Kamat, Jayaram Sunder Shetty And 1 More.

What is the registered address of M G Automotives Private Limited?

As per Ministry of Corporate Affairs (Mca), the registered address of M G Automotives Private Limited is 1/A Chandrika Plot No. 69 2Nd Road Pestom Sagar, Chembur India, Mumbai, Maharashtra, 400089.

What is the corporate identification number (CIN) and company number of M G Automotives Private Limited?

The corporate identification number (CIN) of M G Automotives Private Limited is U29100MH1984PTC034657 and the company number is 034657 as per Ministry of Corporate Affairs (MCA).

What is the official website of M G Automotives Private Limited?

The Official website of M G Automotives Private Limited is https://www.mgbusandcoach.com .

What has been the recent revenue trend for M G Automotives Private Limited?

According to the financial reports for the fiscal year 2021, the revenue trend for M G Automotives Private Limited has fallen by -95.70%.

What change has been observed in the net worth of M G Automotives Private Limited, and by what percentage?

The financial reports for the fiscal year 2021 indicates that The net worth of M G Automotives Private Limited has experienced an upsurge of 473.97%.

What are the total open charges for M G Automotives Private Limited?

As per the financial statements for fiscal Year 2021, The total open charges for M G Automotives Private Limited amount to ₹ 797500000.0.

When was the last Balance Sheet of M G Automotives Private Limited filed with the ROC?

The most recent Balance Sheet for M G Automotives Private Limited was filed with the ROC on 31 Mar 2024.

M. G. Automotives Private Limited

Manufactures and sells motor vehicle bodies since 1984 in Mumbai.

1984 | Mumbai, Maharashtra (India) | Active

Last Updated: December 28, 2024

M. G. Automotives Profile

Key Indicators

Authorised Capital ₹ 3.00 Cr as on 28-12-2024
Paid Up Capital ₹ 9.00 M as on 28-12-2024
Company Age 40 Year, 3 Months
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 79.75 Cr as on 28-12-2024
Revenue Growth -95.70% (FY 2021)
Profit Growth 115.88% (FY 2021)
Ebitda 69.56% (FY 2021)
Net Worth 473.97% (FY 2021)
Total Assets -67.53% (FY 2021)

About M. G. Automotives

M. G. Automotives Private Limited (MGAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 November 1984 and has a history of 40 years and three months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Partagal Combines Pvt Ltd. The Company is engaged in the Automotive 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 3.00 Cr and a paid-up capital of Rs 9.00 M.

The company currently has active open charges totaling ₹79.75 Cr.

Sudha Kamat, Jayaram Shetty, and Anil Kamat serve as directors at the Company.

Company Details

Location
Mumbai, Maharashtra, India
Telephone
+91-XXXXXXXXXX
Email Address
Website
Social Media

Corporate Identity Details

CIN/LLPIN
U29100MH1984PTC034657
Company No.
034657
Company Classification
Private Limited Indian Non-Government Company
Incorporation Date
29 Nov 1984
Date of AGM
30 Sep 2024
Date of Balance Sheet
31 Mar 2024
Listing Status
Unlisted
ROC Code
Roc Mumbai

Industry

Automotive

Who are the key members and board of directors at M. G. Automotives?

Executive Team (1)

Name	Designation	Appointment Date	Status
Anil Kamat	Managing Director	05-Apr-2008	Current

Board Members (2)

Name	Designation	Appointment Date	Status
Sudha Kamat	Director	31-Mar-2014	Current
Jayaram Shetty	Director	01-May-2002	Current

Financial Performance of M. G. Automotives.

M. G. Automotives Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 95.7% decrease. The company also saw a substantial improvement in profitability, with a 115.88% increase in profit. The company's net worth Soared by an impressive increase of 473.97%.

M. G. Automotives revenue growth over time

M. G. Automotives 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

-95.70%

Revenue from Operations

-98.15%

Total Assets

-67.53%

Profit or Loss

115.88%

Net Worth

473.97%

EBITDA

69.56%

What is the Ownership and Shareholding Structure of M. G. Automotives?

In 2021, M. G. Automotives had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Charges (Loans)

Open Charges

₹79.75 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

Others : 79.75 Cr

Latest Charge Details

Date	Lender	Amount	Status
13 Dec 2022	Others	₹5.00 Cr	Open
13 Dec 2022	Others	₹5.00 Cr	Open
13 Sep 2022	Others	₹20.00 Cr	Open
13 Sep 2022	Others	₹35.00 Cr	Open
29 Sep 2021	Others	₹6.75 Cr	Open

How Many Employees Work at M. G. Automotives?

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

Employee growth trends for M. G. Automotives Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of M. G. Automotives, 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. G. Automotives'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 M. G. Automotives

Recent activity within the organization

Annual General Meeting
M. G. Automotives Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
30 Sep 2024
Charges
A charge with Others of Rs. 20.00 Cr registered on 13 Sep 2022 with Charge ID 100612756 was modified on 27 Aug 2024.
27 Aug 2024
Balance Sheet
M. G. Automotives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
31 Mar 2024
Charges
A charge with Others of Rs. 35.00 Cr registered on 13 Sep 2022 with Charge ID 100612759 was modified on 16 Aug 2023.
16 Aug 2023
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100659845 was registered on 13 Dec 2022.
13 Dec 2022
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100659897 was registered on 13 Dec 2022.
13 Dec 2022

Frequently asked questions

What is the Incorporation or founding date of M. G. Automotives Private Limited?
M. G. Automotives Private Limited was incorporated on 29 Nov 1984.
What is authorized share capital and paid-up capital of M. G. Automotives Private Limited?
The authorized share capital of M. G. Automotives Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 9.00 M.
Who are the current board members & directors of M. G. Automotives Private Limited?
Currently 3 directors are associated with M. G. Automotives Private Limited.
- Sudha Mohan Kamat
- Jayaram Sunder Shetty
- Anil Mohan Kamat
What is the registered address of M. G. Automotives Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of M. G. Automotives Private Limited is 1/A Chandrika Plot No. 69 2Nd Road Pestom Sagar, Chembur India, Mumbai, Maharashtra, 400089.
What is the corporate identification number (CIN) and company number of M. G. Automotives Private Limited?
The corporate identification number (CIN) of M. G. Automotives Private Limited is U29100MH1984PTC034657 and the company number is 034657 as per Ministry of Corporate Affairs (MCA).
What is the official website of M. G. Automotives Private Limited?
The Official website of M. G. Automotives Private Limited is https://www.mgbusandcoach.com
What has been the recent revenue trend for M. G. Automotives Private Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for M. G. Automotives Private Limited has fallen by -95.70%.
What change has been observed in the net worth of M. G. Automotives Private Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of M. G. Automotives Private Limited has experienced an upsurge of 473.97%.
What are the total open charges for M. G. Automotives Private Limited?
As per the financial statements for fiscal Year 2021, The total open charges for M. G. Automotives Private Limited amount to ₹ 79.75 Cr.
When was the last Balance Sheet of M. G. Automotives Private Limited filed with the ROC?
The most recent Balance Sheet for M. G. Automotives Private Limited was filed with the ROC on 31 Mar 2024.

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