M G Petrochem Profile
Key Indicators
- Authorised Capital ₹ 40.00 Cr
- Paid Up Capital ₹ 32.00 Cr
- Company Age 4 Year, 16 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 226.42 Cr
- Revenue Growth %
- Net Worth 150.98%
- Total Assets 303.32%
About M G Petrochem
M G Petrochem Private Limited (MGPPL) is a Private Limited Indian Non-Government Company incorporated in India on 08 February 2021 (Four years 16 days old ). Its registered office is in Delhi, India.
The Company is engaged in the Chemicals And Materials 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 40.00 Cr and a paid-up capital of Rs 32.00 Cr.
The company currently has active open charges totaling ₹226.42 Cr.
The Key Managerial Personnel (KMP) at M G Petrochem Private Limited India is Palak Garg as COMPANY SECRETARY. Kailash Mittal, Lokesh Mittal, Atul Garg, 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
U24110DL2021PTC376698
- Company No.
376698
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
08 Feb 2021
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Who are the key members and board of directors at M G Petrochem?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Palak Garg | Company Secretary | 24-Nov-2021 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Lokesh Mittal  | Director | 20-Mar-2021 | Current |
| Kailash Mittal | Director | 08-Feb-2021 | Current |
| Atul Garg | Director | 08-Feb-2021 | Current |
| Udit Mittal | Director | 08-Feb-2021 | Current |
Financial Performance of M G Petrochem.
M G Petrochem Private Limited, for the financial year ended 2023, 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 Soared by an impressive increase of 150.98%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of M G Petrochem?
In 2023, M G Petrochem 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)
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- A S Buildmart Private Limited
Kailash Mittal and Udit Mittal are mutual person
- A S Realmart Private Limited
Kailash Mittal and Atul Garg are mutual person
- M W Infrastructure Private Limited
Kailash Mittal and Lokesh Mittal are mutual person
- S A Realmart Private Limited
Kailash Mittal and Lokesh Mittal are mutual person
Charges (Loans)
₹226.42 Cr
₹0
Charges Breakdown by Lending Institutions
- Yes Bank Limited : 128.00 Cr
- Hdfc Bank Limited : 98.42 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Apr 2023 | Hdfc Bank Limited | ₹8.42 Cr | Open |
| 13 Dec 2021 | Hdfc Bank Limited | ₹90.00 Cr | Open |
| 10 Dec 2021 | Yes Bank Limited | ₹128.00 Cr | Open |
How Many Employees Work at M G Petrochem?
M G Petrochem has a workforce of 141 employees as of Mar 28, 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 Petrochem, 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 Petrochem'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.
