M.G.B Motor And Auto Agencies Private Limited

Sells and services motor vehicles and spares, affiliated with global brands.

1999 | Kurnool, Andhra Pradesh (India) | Active
Last Updated: November 16, 2024

M.G.B Motor And Auto Agencies Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.48 Cr
  • Company Age 25 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 128.90 Cr
  • Satisfied Charges ₹ 100.51 Cr
  • Revenue Growth 28.76%
  • Profit Growth -11.96%
  • Ebitda 2.96%
  • Net Worth 17.95%
  • Total Assets 3.45%

About M.G.B Motor And Auto Agencies

M.G.B Motor And Auto Agencies Private Limited (MMAAAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 October 1999 and has a history of 25 years and four months. Its registered office is in Kurnool, Andhra Pradesh, India.

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 4.00 Cr and a paid-up capital of Rs 3.48 Cr.

The company currently has active open charges totaling ₹128.90 Cr. The company has closed loans amounting to ₹100.51 Cr, as per Ministry of Corporate Affairs (MCA) records.

Aarti Jagadesh, Govind Machani, Jagadeesh Machani, and Two other members serve as directors at the Company.

Company Details

  • Location

    Kurnool, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    mgbmotor.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U34300AP1999PTC032728

  • Company No.

    032728

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Oct 1999

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Automotive

What products or services does M.G.B Motor And Auto Agencies Private Limited offer?

M.G.B Motor And Auto Agencies Private Limited offers a wide range of products and services, including Computer & Mobile Apps Development, Application Development Service, Excavator and Earth Moving Machinery, Excavator, Commercial Vehicles & Three Wheelers, Medium & Heavy Commercial Vehicles, Promotional Designing Services, Brochure Designing Service, Trucks, Cargo Truck.

Who are the key members and board of directors at M.G.B Motor And Auto Agencies?

Executive Team (2)

NameDesignationAppointment DateStatus
Govind Machani Country flag representing In Managing Director06-Nov-2002Current
Jagadeesh Machani Country flag representing In Managing Director22-Oct-1999Current

Board Members (3)

NameDesignationAppointment DateStatus
Umeshwari Machani Country flag representing In Director 16-Mar-2015Current
Aarti Jagadesh Country flag representing In Director 11-Mar-2004Current
Surukanti Reddy Country flag representing In Director 01-Oct-2020Current

Financial Performance of M.G.B Motor And Auto Agencies.

M.G.B Motor And Auto Agencies Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 28.76% increase. The company also saw a substantial fall in profitability, with a 11.96% decrease in profit. The company's net worth Soared by an impressive increase of 17.95%.

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
28.76%
Revenue from Operations
28.76%
Total Assets
3.45%
Profit or Loss
-11.96%
Net Worth
17.95%
EBITDA
2.96%

What is the Ownership and Shareholding Structure of M.G.B Motor And Auto Agencies?

In 2023, M.G.B Motor And Auto Agencies 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

₹128.90 Cr

Satisfied Charges

₹100.51 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 64.62 Cr
  • Others : 64.06 Cr
  • Ge Capital Transportation Financial Services Limited : 0.22 Cr

Latest Charge Details

DateLenderAmountStatus
01 Aug 2024Hdfc Bank Limited₹64.62 CrOpen
30 Jun 2021Others₹4.75 MOpen
07 Jun 2021Others₹17.00 CrOpen
30 Nov 2020Others₹2.53 MOpen
24 Sep 2020Others₹3.07 MOpen

How Many Employees Work at M.G.B Motor And Auto Agencies?

M.G.B Motor And Auto Agencies has a workforce of 321 employees as of Apr 05, 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 M.G.B Motor And Auto Agencies, 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.B Motor And Auto Agencies'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.G.B Motor And Auto Agencies

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 64.62 Cr with Charge ID 100994561 was registered on 01 Aug 2024.

    01 Aug 2024

  • Charges

    A charge with Others of Rs. 45.62 Cr registered on 18 Feb 2015 with Charge ID 10550816 was modified on 26 Feb 2024.

    26 Feb 2024

  • Annual General Meeting

    M.G.B Motor And Auto Agencies Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    M.G.B Motor And Auto Agencies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 17.00 Cr registered on 07 Jun 2021 with Charge ID 100452874 was modified on 24 Jun 2022.

    24 Jun 2022

  • Charges

    A charge with Others amounted to Rs. 0.47 Cr with Charge ID 100456596 was registered on 30 Jun 2021.

    30 Jun 2021

Frequently asked questions

  • M.G.B Motor And Auto Agencies Private Limited was incorporated on 22 Oct 1999.

  • The authorized share capital of M.G.B Motor And Auto Agencies Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.48 Cr.

  • Currently 5 directors are associated with M.G.B Motor And Auto Agencies Private Limited.

    • Aarti Jagadesh
    • Govind Machani
    • Jagadeesh Machani
    • Umeshwari Machani
    • Surukanti Srinivas Reddy
  • As per Ministry of Corporate Affairs (Mca), the registered address of M.G.B Motor And Auto Agencies Private Limited is 7/109 M G Chowrastha, Near Sap Camp Kurnool India, Andhra Pradesh, 518003.

  • The corporate identification number (CIN) of M.G.B Motor And Auto Agencies Private Limited is U34300AP1999PTC032728 and the company number is 032728 as per Ministry of Corporate Affairs (MCA).

  • The Official website of M.G.B Motor And Auto Agencies Private Limited is https://www.mgbmotor.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for M.G.B Motor And Auto Agencies Private Limited has risen by 28.76%.

  • As Per 2023 financial reports, 321 employees are currently employed by M.G.B Motor And Auto Agencies Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of M.G.B Motor And Auto Agencies Private Limited has experienced an upsurge of 17.95%.

  • As per the financial statements for fiscal Year 2023, The total open charges for M.G.B Motor And Auto Agencies Private Limited amount to ₹ 128.90 Cr.

  • The most recent Balance Sheet for M.G.B Motor And Auto Agencies Private Limited was filed with the ROC on 31 Mar 2023.

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