M G Contractors Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 14.84 Cr
- Company Age 27 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1,296.18 Cr
- Satisfied Charges ₹ 1,639.97 Cr
- Revenue Growth -13.62%
- Profit Growth -12.68%
- Ebitda -15.53%
- Net Worth 21.47%
- Total Assets 13.32%
About M G Contractors
M G Contractors Private Limited (MGCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 December 1997 and has a history of 27 years and four months. Its registered office is in Delhi, India.
The Company is engaged in the Infrastructure And Utilities 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 15.00 Cr and a paid-up capital of Rs 14.84 Cr.
The company currently has active open charges totaling ₹1,296.18 Cr. The company has closed loans amounting to ₹1,639.97 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at M G Contractors Private Limited India is Deepika Rani as COMPANY SECRETARY. Lokesh Mittal, Kailash Mittal, Atul Garg, and One other member serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U70101DL1997PTC091013
- Company No.
091013
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
05 Dec 1997
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Infrastructure and Utilities
M G Contractors Private Limited
Explore comprehensive data for M G Contractors Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at M G Contractors?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Deepika Rani | Company Secretary | 15-Mar-2017 | Current |
Atul Garg  | Managing Director | 05-Dec-1997 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Lokesh Mittal | Director | 16-Jan-2005 | Current |
| Kailash Mittal | Director | 05-Dec-1997 | Current |
| Udit Mittal | Director | 16-Jan-2005 | Current |
Financial Performance of M G Contractors.
M G Contractors Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 13.62% decrease. The company also saw a substantial fall in profitability, with a 12.68% decrease in profit. The company's net worth Soared by an impressive increase of 21.47%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of M G Contractors?
In 2022, M G Contractors had a promoter holding of 67.82% and a public holding of 32.18%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Lokesh Mittal and Atul Garg are mutual person
- M G Banshidhar Private Limited
Lokesh Mittal, Deepika Rani and 1 more are mutual person
- M W Infrastructure Private Limited
Lokesh Mittal and Kailash Mittal are mutual person
- S A Realmart Private Limited
Lokesh Mittal and Kailash Mittal are mutual person
- S A Proptech Private Limited
Lokesh Mittal and Kailash Mittal are mutual person
Charges (Loans)
Open Charges
₹1,296.18 Cr
Satisfied Charges
₹1,639.97 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 880.00 Cr
- Others : 386.57 Cr
- Hdfc Bank Limited : 17.07 Cr
- Axis Bank Limited : 9.50 Cr
- Tata Capital Financial Services Limited : 3.05 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Feb 2024 | Axis Bank Limited | ₹1.23 Cr | Open |
| 24 Jan 2024 | Hdfc Bank Limited | ₹5.22 M | Open |
| 24 Jan 2024 | Others | ₹10.10 Cr | Open |
| 20 Jan 2024 | Axis Bank Limited | ₹2.98 Cr | Open |
| 09 Oct 2023 | Axis Bank Limited | ₹1.36 Cr | Open |
How Many Employees Work at M G Contractors?
M G Contractors has a workforce of 1498 employees as of Mar 20, 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 Contractors, 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 Contractors'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 Contractors
Recent activity within the organization
- Charges
A charge registered on 08 Apr 2024 via Charge ID 100911337 with Others was fully satisfied on 02 Dec 2024.
- Charges
A charge with State Bank Of India of Rs. 880.00 Cr registered on 01 Jun 2016 with Charge ID 100043073 was modified on 27 Nov 2024.
- Charges
A charge registered on 29 Sep 2021 via Charge ID 100499192 with Hdfc Bank Limited was fully satisfied on 14 Nov 2024.
- Charges
A charge registered on 29 Sep 2021 via Charge ID 100504971 with Hdfc Bank Limited was fully satisfied on 14 Nov 2024.
- Charges
A charge registered on 24 Sep 2021 via Charge ID 100506108 with Hdfc Bank Limited was fully satisfied on 14 Nov 2024.
- Charges
A charge registered on 23 Sep 2021 via Charge ID 100500156 with Hdfc Bank Limited was fully satisfied on 14 Nov 2024.
Frequently asked questions
What is the Incorporation or founding date of M G Contractors Private Limited?
M G Contractors Private Limited was incorporated on 05 Dec 1997.
What is authorized share capital and paid-up capital of M G Contractors Private Limited?
The authorized share capital of M G Contractors Private Limited is ₹ 15.00 Cr and paid-up capital is ₹ 14.84 Cr.
Who are the current board members & directors of M G Contractors Private Limited?
Currently 5 directors are associated with M G Contractors Private Limited.
- Lokesh Mittal
- Kailash Chand Mittal
- Deepika Rani
- Atul Kumar Garg
- Udit Mittal
What is the registered address of M G Contractors Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of M G Contractors Private Limited is 603 Ring Road Mall, Near Deepali Chowk India, Rohini, Delhi, 110085.
What is the corporate identification number (CIN) and company number of M G Contractors Private Limited?
The corporate identification number (CIN) of M G Contractors Private Limited is U70101DL1997PTC091013 and the company number is 091013 as per Ministry of Corporate Affairs (MCA).
What is the official website of M G Contractors Private Limited?
The Official website of M G Contractors Private Limited is https://www.mgcpl.com
What has been the recent revenue trend for M G Contractors Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for M G Contractors Private Limited has fallen by -13.62%.
How many employees does M G Contractors Private Limited currently have?
As Per 2022 financial reports, 1498 employees are currently employed by M G Contractors Private Limited.
What change has been observed in the net worth of M G Contractors Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of M G Contractors Private Limited has experienced an upsurge of 21.47%.
What are the total open charges for M G Contractors Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for M G Contractors Private Limited amount to ₹ 1,296.18 Cr.
When was the last Balance Sheet of M G Contractors Private Limited filed with the ROC?
The most recent Balance Sheet for M G Contractors Private Limited was filed with the ROC on 31 Mar 2024.
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