M. G. Automotives Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 9.00 M
- Company Age 40 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 79.75 Cr
- Revenue Growth -95.70%
- Profit Growth 115.88%
- Ebitda 69.56%
- Net Worth 473.97%
- Total Assets -67.53%
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 two 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
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Location
Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U29100MH1984PTC034657
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Company No.
034657
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
29 Nov 1984
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
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 |
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Jayaram Shetty
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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%.
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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.
Related Corporates (Common Directorship)
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Sudha Kamat and Anil Kamat are mutual person
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Mg Baithkol Touring Company Llp
Sudha Kamat and Anil Kamat are mutual person
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Mg Composites Llp
Sudha Kamat and Anil Kamat are mutual person
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Mg Leather & Trim Llp
Sudha Kamat and Anil Kamat are mutual person
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Mg Automotives (Bus & Coach) Private Limited
Sudha Kamat, Jayaram Shetty and 1 more are mutual person
Charges (Loans)
₹79.75 Cr
₹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.
Deals i
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.
