M G F Developments Limited

Develops and sells townships, buildings, houses, flats, and malls. Established in 1996.

1996 | Delhi (India) | Active
Last Updated:

M G F Developments Profile

Key Indicators

  • Authorised Capital ₹ 62.00 Cr
  • Paid Up Capital ₹ 61.74 Cr
  • Company Age 28 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 395.67 Cr
  • Satisfied Charges ₹ 365.70 Cr

About M G F Developments

M G F Developments Limited (MGFDL) is a leading Public Limited Indian Non-Government Company incorporated in India on 16 September 1996 and has a history of 28 years and six months. Its registered office is in Delhi, India.

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 Rakshit Jain as Ceo, Chandeep Kumar as Company Secretary, and Vijay Sharma as Cfo. Shashwat Gaur, Azhar Quadir, Rakshit Jain, 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

    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

Real Estate and Construction

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.

Company report

M G F Developments Limited

Explore comprehensive data for M G F Developments Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (3)

NameDesignationAppointment DateStatus
Rakshit Jain Country flag representing In CEO02-Mar-2009Current
Chandeep Kumar Country flag representing In Company Secretary06-Sep-2022Current
Vijay Sharma Country flag representing In CFO01-Jul-2017Current

Board Members (3)

NameDesignationAppointment DateStatus
Azhar Quadir Country flag representing In Director 01-Sep-2020Current
Shashwat Gaur Country flag representing In Director 15-Feb-2021Current
Shravan Gupta Country flag representing In Director 16-Sep-1996Current

Financial Performance of M G F Developments.

M G F Developments Limited, for the financial year ended 2024, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

M G F Developments revenue growth over time
M G F Developments 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
Revenue from Operations
Total Assets
Profit or Loss
Net Worth
EBITDA

What is the Ownership and Shareholding Structure of M G F Developments?

In 2024, M G F Developments had a promoter holding of 94.74% and a public holding of 5.26%. The company had 26 Subsidiaries and 7 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹395.67 Cr

Satisfied Charges

₹365.70 Cr

Charges Breakdown by Lending Institutions

  • Others : 386.66 Cr
  • Bank Of India : 7.50 Cr
  • Hdfc Bank Limited : 1.51 Cr

Latest Charge Details

DateLenderAmountStatus
28 Oct 2024Others₹200.00 CrOpen
27 May 2024Hdfc Bank Limited₹2.61 MOpen
24 Apr 2024Hdfc Bank Limited₹4.54 MOpen
22 Sep 2023Hdfc Bank Limited₹0.93 MOpen
30 May 2023Others₹39.85 CrOpen

How Many Employees Work at M G F Developments?

M G F Developments has a workforce of 55 employees as of Apr 07, 2025. 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.

Employee growth trends for M G F Developments Limited

Deals i

Graph showing company valuation over time

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

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 F Developments

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 200.00 Cr registered on 28 Oct 2024 with Charge ID 100996074 was modified on 19 Nov 2024.

  • Charges

    A charge with Others amounted to Rs. 200.00 Cr with Charge ID 100996074 was registered on 28 Oct 2024.

  • Charges

    A charge with Others of Rs. 146.80 Cr registered on 05 Jul 2022 with Charge ID 100602234 was modified on 24 Oct 2024.

  • Annual General Meeting

    M G F Developments Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.26 Cr with Charge ID 100947131 was registered on 27 May 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.45 Cr with Charge ID 100917949 was registered on 24 Apr 2024.

Frequently asked questions

  • What is the Incorporation or founding date of M G F Developments Limited?

    M G F Developments Limited was incorporated on 16 Sep 1996.

  • What is authorized share capital and paid-up capital of M G F Developments Limited?

    The authorized share capital of M G F Developments Limited is ₹ 62.00 Cr and paid-up capital is ₹ 61.74 Cr.

  • Who are the current board members & directors of M G F Developments Limited?

    Currently 7 directors are associated with M G F Developments Limited.

    • Rakshit Jain
    • Shashwat Gaur
    • Azhar Quadir
    • Rakshit Jain
    • Shravan Gupta
    • Chandeep Kumar
    • Vijay Kumar Sharma

  • What is the registered address of M G F Developments Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of M G F Developments Limited is 4/17-B Mgf House, Asaf Ali Road India, New Delhi, 110002.

  • What is the corporate identification number (CIN) and company number of M G F Developments Limited?

    The corporate identification number (CIN) of M G F Developments Limited is U74899DL1996PLC081965 and the company number is 081965 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of M G F Developments Limited?

    The Official website of M G F Developments Limited is https://www.mgfgroup.in

  • How many employees does M G F Developments Limited currently have?

    As Per 2024 financial reports, 55 employees are currently employed by M G F Developments Limited.

  • What are the total open charges for M G F Developments Limited?

    As per the financial statements for fiscal Year 2024, The total open charges for M G F Developments Limited amount to ₹ 395.67 Cr.

  • When was the last Balance Sheet of M G F Developments Limited filed with the ROC?

    The most recent Balance Sheet for M G F Developments Limited was filed with the ROC on 31 Mar 2024.

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