M G Electronics Profile
Key Indicators
- Authorised Capital ₹ 8.00 Cr
- Paid Up Capital ₹ 3.83 Cr
- Company Age 55 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Revenue Growth 171.72%
- Profit Growth -13.87%
- Ebitda 100.79%
- Net Worth -2.02%
- Total Assets 0.58%
About M G Electronics
M G Electronics Limited (MGEL) was founded in India on 17 April 1969 and has a glorious history of 55 years and 11 months. Its registered office is in Delhi, India.
The Corporate was formerly known as Modern Garments Private Limited. The Company is engaged in the Machinery And Equipment 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 8.00 Cr and a paid-up capital of Rs 3.83 Cr, as per Ministry of Corporate Affairs (MCA) records.
Devendra Singh, Ishita Bowry, Trilochan Dhillon, 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
U74899DL1969PLC005030
- Company No.
005030
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
17 Apr 1969
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Machinery and Equipment
Who are the key members and board of directors at M G Electronics?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Binoy Somaia  | Director | 30-Mar-2017 | Current |
Devendra Singh  | Additional Director | 11-Jul-2023 | Current |
| Ishita Bowry | Director | 30-Mar-2017 | Current |
| Trilochan Dhillon | Director | 23-Jun-1995 | Current |
Financial Performance of M G Electronics.
M G Electronics Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 171.72% increase. The company also saw a substantial fall in profitability, with a 13.87% decrease in profit. The company's net worth dipped by a decrease of 2.02%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of M G Electronics?
In 2022, M G Electronics had a promoter holding of 33.33% and a public holding of 66.67%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Lightspeed India Partners Advisors LlpBinoy Somaia is a mutual person
Dbs Fiberglass Private LimitedDevendra Singh is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at M G Electronics?
M G Electronics has a workforce of 21 employees as of Apr 01, 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 Electronics, 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 Electronics'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 Electronics
Recent activity within the organization
- Annual General Meeting
M G Electronics Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
M G Electronics Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
- Director Appointment
Devendra Bahadur Singh was appointed as a Additional Director was appointed as a Additional Director on 11 Jul 2023 & has been associated with this company since 1 year 8 months .
- Director Appointment
Ishita Bowry was appointed as a Director was appointed as a Director on 30 Mar 2017 & has been associated with this company since 7 years 11 months .
- Director Appointment
Binoy Pradip Somaia was appointed as a Director was appointed as a Director on 30 Mar 2017 & has been associated with this company since 7 years 11 months .
- Director Appointment
Trilochan Kaur Dhillon was appointed as a Director was appointed as a Director on 23 Jun 1995 & has been associated with this company since 29 years 9 months .
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of M G Electronics Limited?
M G Electronics Limited was incorporated on 17 Apr 1969.
What is authorized share capital and paid-up capital of M G Electronics Limited?
The authorized share capital of M G Electronics Limited is ₹ 8.00 Cr and paid-up capital is ₹ 3.83 Cr.
Who are the current board members & directors of M G Electronics Limited?
Currently 4 directors are associated with M G Electronics Limited.
- Devendra Bahadur Singh
- Ishita Bowry
- Trilochan Kaur Dhillon
- Binoy Pradip Somaia
What is the registered address of M G Electronics Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of M G Electronics Limited is Ja0214 Second Floor, Dlf Tower-A Jasola District Centre India, New Delhi, 110025.
What is the corporate identification number (CIN) and company number of M G Electronics Limited?
The corporate identification number (CIN) of M G Electronics Limited is U74899DL1969PLC005030 and the company number is 005030 as per Ministry of Corporate Affairs (MCA).
What is the official website of M G Electronics Limited?
The Official website of M G Electronics Limited is https://www.twigafiber.com
What has been the recent revenue trend for M G Electronics Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for M G Electronics Limited has risen by 171.72%.
How many employees does M G Electronics Limited currently have?
As Per 2022 financial reports, 21 employees are currently employed by M G Electronics Limited.
What change has been observed in the net worth of M G Electronics Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of M G Electronics Limited has experienced an downturn of -2.02%.
When was the last Balance Sheet of M G Electronics Limited filed with the ROC?
The most recent Balance Sheet for M G Electronics Limited was filed with the ROC on 31 Mar 2024.
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