M G Petrochem Profile
Key Indicators
- Authorised Capital ₹ 40.00 Cr
- Paid Up Capital ₹ 32.00 Cr
- Company Age 4 Year, 3 Months
- 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 and three months 15 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
Chemicals and Materials
M G Petrochem Private Limited
Explore comprehensive data for M G Petrochem Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
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.
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Kailash Mittal and Lokesh Mittal are mutual person
Charges (Loans)
Open Charges
₹226.42 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on M G Petrochem
Recent activity within the organization
- Annual General Meeting
M G Petrochem Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Yes Bank Limited of Rs. 128.00 Cr registered on 10 Dec 2021 with Charge ID 100515354 was modified on 08 Jul 2024.
- Balance Sheet
M G Petrochem Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
- Charges
A charge with Hdfc Bank Limited of Rs. 8.42 Cr registered on 17 Apr 2023 with Charge ID 100707597 was modified on 20 Jul 2023.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 8.42 Cr with Charge ID 100707597 was registered on 17 Apr 2023.
- Charges
A charge with Hdfc Bank Limited of Rs. 90.00 Cr registered on 13 Dec 2021 with Charge ID 100515976 was modified on 22 Dec 2021.
Frequently asked questions
What is the Incorporation or founding date of M G Petrochem Private Limited?
M G Petrochem Private Limited was incorporated on 08 Feb 2021.
What is authorized share capital and paid-up capital of M G Petrochem Private Limited?
The authorized share capital of M G Petrochem Private Limited is ₹ 40.00 Cr and paid-up capital is ₹ 32.00 Cr.
Who are the current board members & directors of M G Petrochem Private Limited?
Currently 5 directors are associated with M G Petrochem Private Limited.
- Palak Garg
- Kailash Chand Mittal
- Lokesh Mittal
- Atul Kumar Garg
- Udit Mittal
What is the registered address of M G Petrochem Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of M G Petrochem Private Limited is 603 Ring Road Mall Plot No 21 Sector-3, Rohini India, Delhi, 110085.
What is the corporate identification number (CIN) and company number of M G Petrochem Private Limited?
The corporate identification number (CIN) of M G Petrochem Private Limited is U24110DL2021PTC376698 and the company number is 376698 as per Ministry of Corporate Affairs (MCA).
What is the official website of M G Petrochem Private Limited?
The Official website of M G Petrochem Private Limited is https://www.mgppl.com
How many employees does M G Petrochem Private Limited currently have?
As Per 2023 financial reports, 141 employees are currently employed by M G Petrochem Private Limited.
What change has been observed in the net worth of M G Petrochem Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of M G Petrochem Private Limited has experienced an upsurge of 150.98%.
What are the total open charges for M G Petrochem Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for M G Petrochem Private Limited amount to ₹ 226.42 Cr.
When was the last Balance Sheet of M G Petrochem Private Limited filed with the ROC?
The most recent Balance Sheet for M G Petrochem Private Limited was filed with the ROC on 31 Mar 2024.
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