M. G. Automotives Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
as on 18-07-2024
- Paid Up Capital ₹ 9.00 M
as on 18-07-2024
- Company Age 40 Year, 21 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 74.75 Cr
as on 18-07-2024
- Revenue -95.70%
(FY 2021)
- Profit 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
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 2023. 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 ₹74.75 Cr.
Sudha Kamat, Anil Kamat, and Jayaram Shetty serve as directors at the Company.
- CIN/LLPIN
U29100MH1984PTC034657
- Company No.
034657
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
29 Nov 1984
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
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 and Corporate Structure Insights 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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)
- Mg Baithkol Touring Company LlpActive 12 years 5 months
Sudha Kamat and Anil Kamat are mutual person
- Mg Automotives (Bus & Coach) Private LimitedActive 20 years 3 months
Sudha Kamat, Anil Kamat and 1 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 13 Dec 2022 | ₹5.00 Cr | Open |
Others Creation Date: 13 Dec 2022 | ₹5.00 Cr | Open |
Others Creation Date: 13 Sep 2022 | ₹15.00 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.
