M G F Motors Limited
Distributor and authorized dealer of various vehicles for passenger and goods transport.
1998 | Delhi (India) | Active
M G F Motors Profile
Key Indicators
- Authorised Capital ₹ 20.30 Cr
- Paid Up Capital ₹ 18.30 Cr
- Company Age 26 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 98.22 Cr
- Satisfied Charges ₹ 196.71 Cr
- Revenue Growth -29.86%
- Profit Growth 149.87%
- Ebitda 128.52%
- Net Worth 23.74%
- Total Assets -45.02%
About M G F Motors
M G F Motors Limited (MGFML) is a leading Public Limited Indian Non-Government Company incorporated in India on 13 April 1998 and has a history of 26 years and ten months. Its registered office is in Delhi, India.
The Corporate was formerly known as M G F Motors Private Limited. The Company is engaged in the Automotive 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 20.30 Cr and a paid-up capital of Rs 18.30 Cr.
The company currently has active open charges totaling ₹98.22 Cr. The company has closed loans amounting to ₹196.71 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at M G F Motors Limited India is Manu Pothan as COMPANY SECRETARY. Mohanan Gopalakrishnan, Salil Venu, Anish Mohanan, and Two other members serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U74899DL1998PLC093512
- Company No.
093512
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
13 Apr 1998
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Automotive
Who are the key members and board of directors at M G F Motors?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mohanan Gopalakrishnan  | Managing Director | 13-Jun-2017 | Current |
| Manu Pothan | Company Secretary | 01-Feb-2020 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Anish Mohanan | Director | 10-May-2017 | Current |
| Salil Venu | Director | 10-May-2017 | Current |
| Kavitha Menon | Director | 08-Feb-2020 | Current |
| Umesh Mohanan | Director | 10-May-2017 | Current |
Financial Performance of M G F Motors.
M G F Motors Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 29.86% decrease. The company also saw a substantial improvement in profitability, with a 149.87% increase in profit. The company's net worth Soared by an impressive increase of 23.74%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of M G F Motors?
In 2023, M G F Motors had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Indel Money Fin-Tech Private LimitedSalil Venu and Umesh Mohanan are mutual person
Indel Infra Private LimitedMohanan Gopalakrishnan is a mutual person
Indel Corporation Private LimitedMohanan Gopalakrishnan, Anish Mohanan and 2 more are mutual person
Indel Automotives Private LimitedMohanan Gopalakrishnan, Salil Venu and 3 more are mutual person
Indel Automotives Kochi Private LimitedMohanan Gopalakrishnan, Salil Venu and 1 more are mutual person
Indel Money LimitedMohanan Gopalakrishnan, Salil Venu and 2 more are mutual person
Charges (Loans)
Open Charges
₹98.22 Cr
Satisfied Charges
₹196.71 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 58.18 Cr
- Others : 38.65 Cr
- Standard Chartered Bank : 1.38 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Aug 2024 | State Bank Of India | ₹42.01 Cr | Open |
| 23 Jul 2024 | Others | ₹2.50 Cr | Open |
| 30 Mar 2024 | State Bank Of India | ₹13.17 Cr | Open |
| 27 Mar 2023 | Others | ₹1.00 Cr | Open |
| 31 Mar 2022 | State Bank Of India | ₹2.00 Cr | Open |
How Many Employees Work at M G F Motors?
M G F Motors has a workforce of 183 employees as of Apr 10, 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 Motors, 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 Motors'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 F Motors
Recent activity within the organization
- Charges
A charge with State Bank Of India amounted to Rs. 42.01 Cr with Charge ID 100972554 was registered on 30 Aug 2024.
- Charges
A charge with Others amounted to Rs. 2.50 Cr with Charge ID 100963519 was registered on 23 Jul 2024.
- Charges
A charge registered on 11 Mar 2019 via Charge ID 100244302 with Hdfc Bank Limited was fully satisfied on 06 May 2024.
- Charges
A charge with State Bank Of India amounted to Rs. 13.17 Cr with Charge ID 100905178 was registered on 30 Mar 2024.
- Annual General Meeting
M G F Motors Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.
- Charges
A charge registered on 29 Nov 2018 via Charge ID 100232578 with Others was fully satisfied on 18 Apr 2023.
Frequently asked questions
What is the Incorporation or founding date of M G F Motors Limited?
M G F Motors Limited was incorporated on 13 Apr 1998.
What is authorized share capital and paid-up capital of M G F Motors Limited?
The authorized share capital of M G F Motors Limited is ₹ 20.30 Cr and paid-up capital is ₹ 18.30 Cr.
Who are the current board members & directors of M G F Motors Limited?
Currently 6 directors are associated with M G F Motors Limited.
- Mohanan Gopalakrishnan
- Salil Venu
- Anish Mohan Gopalakrishnan Mohanan
- Kavitha Menon
- Manu Pothan
- Umesh Mohanan
What is the registered address of M G F Motors Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of M G F Motors Limited is Office No. 001 D-248 Abhishek Business Centre Laxmi Nagar Near Nagar Metro Stat Ion, India, Delhi, 110092.
What is the corporate identification number (CIN) and company number of M G F Motors Limited?
The corporate identification number (CIN) of M G F Motors Limited is U74899DL1998PLC093512 and the company number is 093512 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for M G F Motors Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for M G F Motors Limited has fallen by -29.86%.
How many employees does M G F Motors Limited currently have?
As Per 2023 financial reports, 183 employees are currently employed by M G F Motors Limited.
What change has been observed in the net worth of M G F Motors Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of M G F Motors Limited has experienced an upsurge of 23.74%.
What are the total open charges for M G F Motors Limited?
As per the financial statements for fiscal Year 2023, The total open charges for M G F Motors Limited amount to ₹ 98.22 Cr.
When was the last Balance Sheet of M G F Motors Limited filed with the ROC?
The most recent Balance Sheet for M G F Motors Limited was filed with the ROC on 31 Mar 2023.
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