M G Brothers Private Limited
Company deals with various products, vehicles, appliances, commodities, and technologies in India and abroad.
2000 | Ananthapur, Andhra Pradesh (India) | Active
M G Brothers Profile
Key Indicators
- Authorised Capital ₹ 4.00 Cr
- Paid Up Capital ₹ 3.50 Cr
- Company Age 25 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 44.12 Cr
- Satisfied Charges ₹ 2.43 Cr
- Revenue Growth 38.45%
- Profit Growth 40.43%
- Ebitda 22.48%
- Net Worth 49.70%
- Total Assets 55.79%
About M G Brothers
M G Brothers Private Limited (MGBPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 January 2000 and has a history of 25 years and three months. Its registered office is in Ananthapur, Andhra Pradesh, India.
The Corporate was formerly known as M G Brothers 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 2024. It's a company limited by shares with an authorized capital of Rs 4.00 Cr and a paid-up capital of Rs 3.50 Cr.
The company currently has active open charges totaling ₹44.12 Cr. The company has closed loans amounting to ₹2.43 Cr, as per Ministry of Corporate Affairs (MCA) records.
Raghunath Machani, Usha Machani, Machani Somnath, and One other member serve as directors at the Company.
Company Details
- Location
Ananthapur, Andhra Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U72900AP2000PTC033341
- Company No.
033341
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
21 Jan 2000
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Vijayawada
Industry
Automotive
M G Brothers Private Limited
Explore comprehensive data for M G Brothers Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at M G Brothers?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Machani Aditya  | Managing Director | 28-Sep-2018 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Machani Somnath | Director | 28-Sep-2018 | Current |
| Raghunath Machani | Director | 21-Jan-2000 | Current |
| Usha Machani | Director | 21-Jan-2000 | Current |
Financial Performance of M G Brothers.
M G Brothers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 38.45% increase. The company also saw a substantial improvement in profitability, with a 40.43% increase in profit. The company's net worth Soared by an impressive increase of 49.7%.
- 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?
In 2023, M G Brothers 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)
Mgb Autohub Private LimitedRaghunath Machani, Machani Somnath and 1 more are mutual person
- M.G.B. Automotives Private Limited
Raghunath Machani, Usha Machani and 2 more are mutual person
Charges (Loans)
Open Charges
₹44.12 Cr
Satisfied Charges
₹2.43 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 43.55 Cr
- Others : 0.57 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Jun 2023 | Others | ₹1.62 M | Open |
| 01 Jun 2023 | Others | ₹1.63 M | Open |
| 09 Feb 2023 | Others | ₹1.20 M | Open |
| 09 Feb 2023 | Others | ₹1.20 M | Open |
| 06 Aug 2019 | State Bank Of India | ₹43.55 Cr | Open |
How Many Employees Work at M G Brothers?
M G Brothers has a workforce of 60 employees as of Mar 21, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of M G Brothers, 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'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.
Latest Updates, News, and FAQs on M G Brothers
Recent activity within the organization
- Annual General Meeting
M G Brothers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge registered on 01 Jun 2023 via Charge ID 100744298 with Others was fully satisfied on 05 Jul 2024.
- Charges
A charge registered on 01 Jun 2023 via Charge ID 100738252 with Others was fully satisfied on 04 Jul 2024.
- Charges
A charge with State Bank Of India of Rs. 43.55 Cr registered on 06 Aug 2019 with Charge ID 100285007 was modified on 24 May 2024.
- Charges
A charge registered on 01 Jun 2023 via Charge ID 100738707 with Others was fully satisfied on 03 Apr 2024.
- Charges
A charge registered on 24 Dec 2021 via Charge ID 100524989 with Others was fully satisfied on 03 Apr 2024.
Frequently asked questions
What is the Incorporation or founding date of M G Brothers Private Limited?
M G Brothers Private Limited was incorporated on 21 Jan 2000.
What is authorized share capital and paid-up capital of M G Brothers Private Limited?
The authorized share capital of M G Brothers Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.50 Cr.
Who are the current board members & directors of M G Brothers Private Limited?
Currently 4 directors are associated with M G Brothers Private Limited.
- Raghunath Machani
- Usha Raghunath Machani
- Machani Somnath
- Machani Aditya
What is the registered address of M G Brothers Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of M G Brothers Private Limited is D.No 13-10 Sy No 241/2C 242 243 Nh-44 Bangalore Road Kakkalapalli Village, Rural Mandal India, Anantapur, Andhra Pradesh, 515002.
What is the corporate identification number (CIN) and company number of M G Brothers Private Limited?
The corporate identification number (CIN) of M G Brothers Private Limited is U72900AP2000PTC033341 and the company number is 033341 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for M G Brothers Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for M G Brothers Private Limited has risen by 38.45%.
How many employees does M G Brothers Private Limited currently have?
As Per 2023 financial reports, 60 employees are currently employed by M G Brothers Private Limited.
What change has been observed in the net worth of M G Brothers Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of M G Brothers Private Limited has experienced an upsurge of 49.70%.
What are the total open charges for M G Brothers Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for M G Brothers Private Limited amount to ₹ 44.12 Cr.
When was the last Balance Sheet of M G Brothers Private Limited filed with the ROC?
The most recent Balance Sheet for M G Brothers Private Limited was filed with the ROC on 31 Mar 2024.
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