M G Contractors Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
as on 19-06-2024
- Paid Up Capital ₹ 14.84 Cr
as on 19-06-2024
- Company Age 27 Year, 18 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1,306.25 Cr
as on 19-06-2024
- Satisfied Charges ₹ 1,584.90 Cr
as on 19-06-2024
- Revenue -13.62%
(FY 2022)
- Profit -12.68%
(FY 2022)
- Ebitda -15.53%
(FY 2022)
- Net Worth 21.47%
(FY 2022)
- Total Assets 13.32%
(FY 2022)
About M G Contractors
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 2023. 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 ₹1,306.25 Cr. The company has closed loans amounting to ₹1,584.90 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.
- CIN/LLPIN
U70101DL1997PTC091013
- Company No.
091013
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
05 Dec 1997
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Company Details
- Location
North Delhi, Delhi, India
- Telephone
- Email Address
- Website
- Social Media-
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.
Related Corporates (Common Directorship)
M G Petrochem Private LimitedActive 3 years 10 monthsLokesh Mittal, Kailash Mittal and 2 more are mutual person
- Crystal Propcon Private LimitedActive 14 years 6 months
Lokesh Mittal and Atul Garg are mutual person
- M G Banshidhar Private LimitedActive 2 years 6 months
Lokesh Mittal, Deepika Rani and 1 more are mutual person
- M W Infrastructure Private LimitedActive 16 years 11 months
Lokesh Mittal and Kailash Mittal are mutual person
- S A Realmart Private LimitedActive 17 years 11 months
Lokesh Mittal and Kailash Mittal are mutual person
- S A Proptech Private LimitedActive 17 years 13 days
Lokesh Mittal and Kailash Mittal are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Axis Bank Limited Creation Date: 28 Feb 2024 | ₹1.23 Cr | Open |
Hdfc Bank Limited Creation Date: 24 Jan 2024 | ₹5.22 M | Open |
Others Creation Date: 24 Jan 2024 | ₹10.10 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.
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