M G F Developments Profile
Key Indicators
- Authorised Capital ₹ 62.00 Cr
as on 16-11-2024
- Paid Up Capital ₹ 61.74 Cr
as on 16-11-2024
- Company Age 28 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 395.67 Cr
as on 16-11-2024
- Satisfied Charges ₹ 365.70 Cr
as on 16-11-2024
- Revenue 28.47%
(FY 2023)
- Profit 304.46%
(FY 2023)
- Ebitda -2.81%
(FY 2023)
- Net Worth 3.10%
(FY 2023)
- Total Assets 1.97%
(FY 2023)
About M G F Developments
The Company is engaged in the Real Estate And Construction 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 62.00 Cr and a paid-up capital of Rs 61.74 Cr.
The company currently has active open charges totaling ₹395.67 Cr. The company has closed loans amounting to ₹365.70 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at M G F Developments Limited India are Vijay Sharma as Cfo, Chandeep Kumar as Company Secretary, and Rakshit Jain as Ceo. Shravan Gupta, Rakshit Jain, Azhar Quadir, and One other member serve as directors at the Company.
- CIN/LLPIN
U74899DL1996PLC081965
- Company No.
081965
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
16 Sep 1996
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Company Details
- Location
Delhi, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does M G F Developments Limited offer?
M G F Developments Limited offers a wide range of products and services, including Commercial Property, Commercial Real Estate Service.
Who are the key members and board of directors at M G F Developments?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vijay Sharma  | CFO | 01-Jul-2017 | Current |
| Chandeep Kumar | Company Secretary | 06-Sep-2022 | Current |
| Rakshit Jain | CEO | 14-Feb-2017 | Current |
Board Members(4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Azhar Quadir | Director | 01-Sep-2020 | Current |
| Shravan Gupta | Director | 16-Sep-1996 | Current |
| Rakshit Jain | Director and Ceo | 02-Mar-2009 | Current |
| Shashwat Gaur | Director | 15-Feb-2021 | Current |
Financial Performance and Corporate Structure Insights of M G F Developments.
M G F Developments Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 28.47% increase. The company also saw a substantial improvement in profitability, with a 304.46% increase in profit. The company's net worth moved up by a moderate rise of 3.1%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of M G F Developments?
In 2023, M G F Developments had a promoter holding of 95.14% and a public holding of 4.86%. The company had 27 Subsidiaries and 7 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 28 Oct 2024 | ₹200.00 Cr | Open |
Hdfc Bank Limited Creation Date: 27 May 2024 | ₹2.61 M | Open |
Hdfc Bank Limited Creation Date: 24 Apr 2024 | ₹4.54 M | Open |
How Many Employees Work at M G F Developments?
M G F Developments has a workforce of 51 employees as of Apr 05, 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 F Developments, 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 F Developments'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.
