M.G.Brothers Industries Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 2.00 Cr
- Company Age 24 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 35.12 Cr
- Satisfied Charges ₹ 46.65 Cr
- Revenue Growth 33.80%
- Profit Growth 257.66%
- Ebitda 12.70%
- Net Worth 11.65%
- Total Assets 12.27%
About M.G.Brothers Industries
M.G.Brothers Industries Private Limited (MIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 July 2000 and has a history of 24 years and ten months. Its registered office is in Ety Cly,Yemmiaganur,Kurnool, Andhra Pradesh, India.
The Corporate was formerly known as M.G. Brothers Aquaculture Private Limited. 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 2.00 Cr.
The company currently has active open charges totaling ₹35.12 Cr. The company has closed loans amounting to ₹46.65 Cr, as per Ministry of Corporate Affairs (MCA) records.
Machani Ganganna, Raghavendra Machani, Ramanna Gangadhar, and Two other members serve as directors at the Company.
Company Details
- Location
Ety Cly,Yemmiaganur,Kurnool, Andhra Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U05005AP2000PTC034868
- Company No.
034868
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
06 Jul 2000
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Vijayawada
Industry
Automotive
Real Estate and Construction
M.G.Brothers Industries Private Limited
Explore comprehensive data for M.G.Brothers Industries Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at M.G.Brothers Industries?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Raghavendra Machani  | Managing Director | 15-Sep-2008 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Machani Gopalakrishna | Director | 15-Sep-2008 | Current |
| Ramanna Gangadhar | Director | 06-Jul-2000 | Current |
| Machani Ganganna | Director | 06-Jul-2000 | Current |
| Vasavi Machani | Whole-Time Director | 15-Dec-2016 | Current |
Financial Performance of M.G.Brothers Industries.
M.G.Brothers Industries Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 33.8% increase. The company also saw a substantial improvement in profitability, with a 257.66% increase in profit. The company's net worth Soared by an impressive increase of 11.65%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of M.G.Brothers Industries?
In 2022, M.G.Brothers Industries had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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M. G. M Springs Private LimitedMachani Ganganna and Ramanna Gangadhar are mutual person
M G Brothers Oil Mills Pvt LtdMachani Ganganna and Ramanna Gangadhar are mutual person
- Stumpp Schuele & Somappa Private Limited
Machani Ganganna and Ramanna Gangadhar are mutual person
Charges (Loans)
Open Charges
₹35.12 Cr
Satisfied Charges
₹46.65 Cr
Charges Breakdown by Lending Institutions
- Others : 34.00 Cr
- Hdfc Bank Limited : 1.12 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Feb 2023 | Others | ₹32.70 Cr | Open |
| 20 Apr 2021 | Hdfc Bank Limited | ₹1.65 M | Open |
| 22 Jan 2021 | Hdfc Bank Limited | ₹9.50 M | Open |
| 22 Sep 2020 | Others | ₹1.30 Cr | Open |
| 27 Jul 2018 | Others | ₹2.00 Cr | Satisfied |
How Many Employees Work at M.G.Brothers Industries?
Unlock and access historical data on people associated with M.G.Brothers Industries, 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.Brothers Industries, 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.Brothers Industries's trajectory.
Rating
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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.Brothers Industries
Recent activity within the organization
- Annual General Meeting
M.G.Brothers Industries Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge with Others of Rs. 32.70 Cr registered on 24 Feb 2023 with Charge ID 100700906 was modified on 22 Aug 2023.
- Balance Sheet
M.G.Brothers Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.
- Charges
A charge registered on 27 Jul 2018 via Charge ID 100193064 with Others was fully satisfied on 02 Mar 2023.
- Charges
A charge registered on 19 Jan 2016 via Charge ID 10613985 with Andhra Pradesh State Financial Corporation was fully satisfied on 02 Mar 2023.
- Charges
A charge with Others amounted to Rs. 32.70 Cr with Charge ID 100700906 was registered on 24 Feb 2023.
Frequently asked questions
What is the Incorporation or founding date of M.G.Brothers Industries Private Limited?
M.G.Brothers Industries Private Limited was incorporated on 06 Jul 2000.
What is authorized share capital and paid-up capital of M.G.Brothers Industries Private Limited?
The authorized share capital of M.G.Brothers Industries Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.00 Cr.
Who are the current board members & directors of M.G.Brothers Industries Private Limited?
Currently 5 directors are associated with M.G.Brothers Industries Private Limited.
- Machani Ramanna Ganganna
- Raghavendra Gangadhar Machani
- Ramanna Machani Gangadhar
- Vasavi Gangadhar Machani
- Machani Gangadhar Gopalakrishna
What is the registered address of M.G.Brothers Industries Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of M.G.Brothers Industries Private Limited is 1/683Co.Op.House Buildg. Society ClyYemmiaganur Kurnool Ety ClyYemmiaganurKurnool, Ety ClyYemmiaganurKurnool, Andhra Pradesh, India, 518360.
What is the corporate identification number (CIN) and company number of M.G.Brothers Industries Private Limited?
The corporate identification number (CIN) of M.G.Brothers Industries Private Limited is U05005AP2000PTC034868 and the company number is 034868 as per Ministry of Corporate Affairs (MCA).
What is the official website of M.G.Brothers Industries Private Limited?
The Official website of M.G.Brothers Industries Private Limited is https://www.mgbrothers.com
What has been the recent revenue trend for M.G.Brothers Industries Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for M.G.Brothers Industries Private Limited has risen by 33.80%.
What change has been observed in the net worth of M.G.Brothers Industries Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of M.G.Brothers Industries Private Limited has experienced an upsurge of 11.65%.
What are the total open charges for M.G.Brothers Industries Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for M.G.Brothers Industries Private Limited amount to ₹ 35.12 Cr.
When was the last Balance Sheet of M.G.Brothers Industries Private Limited filed with the ROC?
The most recent Balance Sheet for M.G.Brothers Industries Private Limited was filed with the ROC on 31 Mar 2023.
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