M G I Industries Private Limited

Company deals with buying, selling, and recycling various types of ships and metals.

2012 | Bhavnagar, Gujarat (India) | Converted to LLP
Last Updated: May 07, 2024

M G I Industries Profile

Key Indicators

  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 2.38 Cr
  • Company Age 12 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 155.54 Cr
  • Revenue Growth %
  • Profit Growth -140.85%
  • Ebitda -619.58%
  • Net Worth 722.79%
  • Total Assets 1801.78%

About M G I Industries

M G I Industries Private Limited (MGIIPL) is Converted To Llp company established on 04 Jun 2012 with its office registered at Bhavnagar, Gujarat, India and has been running since 12 Year, 8 Months with a paid up capital of 2.38 Cr. According to MCA records, 2 Directors are linked to this company as of 07 May 2024.

Company Details

  • Location

    Bhavnagar, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U35117GJ2012PTC070584

  • Company No.

    070584

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Jun 2012

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Transport and Logistics

Who are the key members and board of directors at M G I Industries?

Board Members (2)

Name Designation Appointment Date Status
Moulik Bansal Country flag representing In Director 21-Jul-2021 Current
Kishorechand Bansal Country flag representing In Director 21-Jul-2021 Current

Financial Performance of M G I Industries.

M G I Industries Private Limited, for the financial year ended 2017, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 140.85% decrease in profit. The company's net worth Soared by an impressive increase of 722.79%.

Graph illustrating revenue growth over time
Graph showing 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
1801.78%
Profit or Loss
-140.85%
Net Worth
722.79%
EBITDA
-619.58%

What is the Ownership and Shareholding Structure of M G I Industries?

In 2017, M G I Industries had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹155.54 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Bank Of Baroda : 155.54 Cr

Latest Charge Details

Date Lender Amount Status
14 Jun 2022 Bank Of Baroda ₹3.37 Cr Open
30 Dec 2004 Bank Of Baroda ₹29.37 Cr Open
15 Mar 2004 Bank Of Baroda ₹2.00 M Open
15 Mar 1994 Bank Of Baroda ₹30.00 Cr Open
07 May 1993 Bank Of Baroda ₹2.60 Cr Open

How Many Employees Work at M G I Industries?

Unlock and access historical data on people associated with M G I Industries, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of M G I Industries, 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 I Industries'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 I Industries

Recent activity within the organization

  • Annual General Meeting

    M G I Industries Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    M G I Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Bank Of Baroda of Rs. 29.37 Cr registered on 30 Dec 2004 with Charge ID 90102740 was modified on 17 Oct 2022.

    17 Oct 2022

  • Charges

    A charge with Bank Of Baroda amounted to Rs. 3.37 Cr with Charge ID 100588589 was registered on 14 Jun 2022.

    14 Jun 2022

  • Director Appointment

    Moulik Kishorechand Bansal was appointed as a Director was appointed as a Director on 21 Jul 2021 & has been associated with this company since 3 years 6 months .

    21 Jul 2021

  • Director Appointment

    Kishorechand Kakaram Bansal was appointed as a Director was appointed as a Director on 21 Jul 2021 & has been associated with this company since 3 years 6 months .

    21 Jul 2021

Frequently asked questions

  • M G I Industries Private Limited was incorporated on 04 Jun 2012.

  • The authorized share capital of M G I Industries Private Limited is ₹ 2.50 Cr and paid-up capital is ₹ 2.38 Cr.

  • Currently 2 directors are associated with M G I Industries Private Limited.

    • Moulik Kishorechand Bansal
    • Kishorechand Kakaram Bansal
  • As per Ministry of Corporate Affairs (Mca), the registered address of M G I Industries Private Limited is Ff-16Pattani Plaza, Near Nilam Baug Palace, Bhavnagar, Gujarat, India, 364001.

  • The corporate identification number (CIN) of M G I Industries Private Limited is U35117GJ2012PTC070584 and the company number is 070584 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2017 indicates that The net worth of M G I Industries Private Limited has experienced an upsurge of 722.79%.

  • As per the financial statements for fiscal Year 2017, The total open charges for M G I Industries Private Limited amount to ₹ 155.54 Cr.

  • The most recent Balance Sheet for M G I Industries Private Limited was filed with the ROC on 31 Mar 2023.

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