M G Cloth Private Limited

Textile garment and clothing accessory manufacturing and trading company established in 2012.

2012 | Delhi (India) | Active
Last Updated: January 02, 2025

M G Cloth Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.91 M
  • Company Age 12 Year, 2 Months
  • Last Filing with ROC 31 Mar 2015
  • Open Charges ₹ 18.95 Cr
  • Revenue Growth 5825.78%
  • Profit Growth 270.13%
  • Ebitda 288.95%
  • Net Worth 186.06%
  • Total Assets 207.73%

About M G Cloth

M G Cloth Private Limited (MGCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 November 2012 and has a history of 12 years and two months. Its registered office is in Delhi, India.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2015. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 4.91 M.

The company currently has active open charges totaling ₹18.95 Cr.

Sunil Aggarwal and Ajay Sharma serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U18109DL2012PTC245382

  • Company No.

    245382

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Nov 2012

  • Date of AGM

    30 Sep 2015

  • Date of Balance Sheet

    31 Mar 2015

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Manufacturing

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

Board Members (2)

Name Designation Appointment Date Status
Sunil Aggarwal Country flag representing In Director 11-Jan-2013 Current
Ajay Sharma Country flag representing In Additional Director 19-Apr-2017 Current

Financial Performance of M G Cloth.

M G Cloth Private Limited, for the financial year ended 2015, experienced significant growth in revenue, with a 5825.78% increase. The company also saw a substantial improvement in profitability, with a 270.13% increase in profit. The company's net worth Soared by an impressive increase of 186.06%.

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
5825.78%
Revenue from Operations
10419.71%
Total Assets
207.73%
Profit or Loss
270.13%
Net Worth
186.06%
EBITDA
288.95%

What is the Ownership and Shareholding Structure of M G Cloth?

In 2015, M G Cloth had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹189.45 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Indusind Bank Ltd. : 18.95 Cr

Latest Charge Details

Date Lender Amount Status
15 Feb 2013 Indusind Bank Ltd. ₹18.95 Cr Open

How Many Employees Work at M G Cloth?

M G Cloth has a workforce of 0 employees as of Apr 03, 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 Cloth, 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 Cloth'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 Cloth

Recent activity within the organization

  • Director Appointment

    Ajay Kumar Sharma was appointed as a Additional Director was appointed as a Additional Director on 19 Apr 2017 & has been associated with this company since 7 years 9 months .

    19 Apr 2017

  • Annual General Meeting

    M G Cloth Private Limited last Annual general meeting of members was held on 30 Sep 2015 as per latest MCA records.

    30 Sep 2015

  • Balance Sheet

    M G Cloth Private Limited has filed its annual Financial statements for the year ended 31 Mar 2015 with Roc Delhi.

    31 Mar 2015

  • Charges

    A charge with Indusind Bank Ltd. of Rs. 189.45 M registered on 15 Feb 2013 with Charge ID 10408434 was modified on 08 Nov 2014.

    08 Nov 2014

  • Charges

    A charge with Indusind Bank Ltd. amounted to Rs. 189.45 M with Charge ID 10408434 was registered on 15 Feb 2013.

    15 Feb 2013

  • Director Appointment

    Sunil Aggarwal was appointed as a Director was appointed as a Director on 11 Jan 2013 & has been associated with this company since 12 years 21 days .

    11 Jan 2013

Frequently asked questions

  • M G Cloth Private Limited was incorporated on 27 Nov 2012.

  • The authorized share capital of M G Cloth Private Limited is ₹ 5.00 M and paid-up capital is ₹ 4.91 M.

  • Currently 2 directors are associated with M G Cloth Private Limited.

    • Sunil Aggarwal
    • Ajay Kumar Sharma
  • As per Ministry of Corporate Affairs (Mca), the registered address of M G Cloth Private Limited is Pocket A-8/25 Kalkaji Extension India, New Delhi, 110019.

  • The corporate identification number (CIN) of M G Cloth Private Limited is U18109DL2012PTC245382 and the company number is 245382 as per Ministry of Corporate Affairs (MCA).

  • The Official website of M G Cloth Private Limited is https://www.mgc.clothing

  • According to the financial reports for the fiscal year 2015, the revenue trend for M G Cloth Private Limited has risen by 5825.78%.

  • The financial reports for the fiscal year 2015 indicates that The net worth of M G Cloth Private Limited has experienced an upsurge of 186.06%.

  • As per the financial statements for fiscal Year 2015, The total open charges for M G Cloth Private Limited amount to ₹ 18.95 Cr.

  • The most recent Balance Sheet for M G Cloth Private Limited was filed with the ROC on 31 Mar 2015.

People also Viewed

Similar Companies Based on Textile & Fabric Production