M. G. Bakers Private Limited

Founded in 2007 headquartered in Punjab, India.

2007 | Rupnagar, Punjab (India) | Active
Last Updated: November 16, 2024

M. G. Bakers Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.90 M
  • Company Age 17 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 71.69 Cr
  • Satisfied Charges ₹ 22.31 Cr
  • Revenue Growth 20.34%
  • Profit Growth -15.54%
  • Ebitda -3.95%
  • Net Worth 25.50%
  • Total Assets 27.20%

About M. G. Bakers

M. G. Bakers Private Limited (MGBPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 April 2007 and has a history of 17 years and nine months. Its registered office is in Rupnagar, Punjab, India.

The Company is engaged in the Travel And Hospitality 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 2.50 M and a paid-up capital of Rs 1.90 M.

The company currently has active open charges totaling ₹71.69 Cr. The company has closed loans amounting to ₹22.31 Cr, as per Ministry of Corporate Affairs (MCA) records.

Nikhil Mittal, Nittin Mittal, and Vinod Mittal serve as directors at the Company.

Company Details

  • Location

    Rupnagar, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U15410PB2007PTC054245

  • Company No.

    030768

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Apr 2007

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Travel and Hospitality
Food and Beverages

What products or services does M. G. Bakers Private Limited offer?

M. G. Bakers Private Limited offers a wide range of products and services, including Chocolates, Biscuits & Cookies, Chocolate, Cookies, Butter Cookies, Leather Articles, Leather Basket, Confectionery Boxes, Chocolate Box, Cake, Cream Cake.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Vinod Mittal Country flag representing In Managing Director05-Apr-2007Current

Board Members (2)

NameDesignationAppointment DateStatus
Nikhil Mittal Country flag representing In Whole-Time Director 05-Apr-2007Current
Nittin Mittal Country flag representing In Whole-Time Director 05-Apr-2007Current

Financial Performance of M. G. Bakers.

M. G. Bakers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 20.34% increase. The company also saw a substantial fall in profitability, with a 15.54% decrease in profit. The company's net worth Soared by an impressive increase of 25.5%.

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
20.34%
Revenue from Operations
20.29%
Total Assets
27.20%
Profit or Loss
-15.54%
Net Worth
25.50%
EBITDA
-3.95%

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

In 2023, M. G. Bakers 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

₹716.90 M

Satisfied Charges

₹223.13 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 47.79 Cr
  • Others : 23.90 Cr

Latest Charge Details

DateLenderAmountStatus
09 Sep 2024Hdfc Bank Limited₹9.20 CrOpen
28 Jul 2023Others₹2.00 CrOpen
30 May 2023Hdfc Bank Limited₹1.59 CrOpen
18 Jan 2023Others₹7.50 CrOpen
11 Apr 2022Others₹14.40 CrOpen

How Many Employees Work at M. G. Bakers?

M. G. Bakers has a workforce of 1013 employees as of Mar 30, 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. Bakers, 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. Bakers'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. Bakers

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 92.00 M with Charge ID 100985991 was registered on 09 Sep 2024.

    09 Sep 2024

  • Annual General Meeting

    M. G. Bakers Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 370.00 M registered on 31 May 2017 with Charge ID 100107375 was modified on 01 Aug 2023.

    01 Aug 2023

  • Charges

    A charge with Others amounted to Rs. 20.00 M with Charge ID 100756561 was registered on 28 Jul 2023.

    28 Jul 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 15.90 M with Charge ID 100728251 was registered on 30 May 2023.

    30 May 2023

  • Charges

    A charge registered on 10 Jun 2021 via Charge ID 100453650 with Hdfc Bank Limited was fully satisfied on 02 May 2023.

    02 May 2023

Frequently asked questions

  • M. G. Bakers Private Limited was incorporated on 05 Apr 2007.

  • The authorized share capital of M. G. Bakers Private Limited is ₹ 2.50 M and paid-up capital is ₹ 1.90 M.

  • Currently 3 directors are associated with M. G. Bakers Private Limited.

    • Nikhil Mittal
    • Nittin Mittal
    • Vinod Mittal
  • As per Ministry of Corporate Affairs (Mca), the registered address of M. G. Bakers Private Limited is B-29 Industrial Area Phase-3, S.A.S. Nagar India, Mohali, Punjab, 160055.

  • The corporate identification number (CIN) of M. G. Bakers Private Limited is U15410PB2007PTC054245 and the company number is 030768 as per Ministry of Corporate Affairs (MCA).

  • The Official website of M. G. Bakers Private Limited is https://www.nikbakers.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for M. G. Bakers Private Limited has risen by 20.34%.

  • As Per 2023 financial reports, 1013 employees are currently employed by M. G. Bakers Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of M. G. Bakers Private Limited has experienced an upsurge of 25.50%.

  • As per the financial statements for fiscal Year 2023, The total open charges for M. G. Bakers Private Limited amount to ₹ 71.69 Cr.

  • The most recent Balance Sheet for M. G. Bakers Private Limited was filed with the ROC on 31 Mar 2023.

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