M. G. Sons Limited

Trading company specializing in garments, established in 2016 in Ahmedabad, Gujarat.

2016 | Ahmedabad, Gujarat (India) | Converted to LLP
Last Updated: May 04, 2024

M. G. Sons Profile

Key Indicators

  • Authorised Capital ₹ 1.60 M
  • Paid Up Capital ₹ 1.50 M
  • Company Age 8 Year, 4 Months
  • Last Filing with ROC 31 Mar 2020
  • Satisfied Charges ₹ 8.00 Cr
  • Revenue Growth -20.43%
  • Profit Growth -45.06%
  • Ebitda -7.40%
  • Net Worth 26.82%
  • Total Assets -1.26%

About M. G. Sons

M. G. Sons Limited (MGSL) is Converted To Llp company established on 28 Sep 2016 with its office registered at Ahmedabad, Gujarat, India and has been running since 8 Year, 4 Months with a paid up capital of 1.50 M. According to MCA records, 0 Directors are linked to this company as of 04 May 2024.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    mgsons.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U18101GJ2016PLC093903

  • Company No.

    093903

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    28 Sep 2016

  • Date of AGM

    30 Nov 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc-Ahmedabad

Industry

Fashion and Textile

Who are the key members and board of directors at M. G. Sons?

Board Members

People

No Directors or KMP associated with company. Upon reviewing the records, we can confirm that there are no Directors or Key Management Personnel (KMP) associated with this company at present.

Financial Performance of M. G. Sons.

M. G. Sons Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 20.43% decrease. The company also saw a substantial fall in profitability, with a 45.06% decrease in profit. The company's net worth Soared by an impressive increase of 26.82%.

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
-20.43%
Revenue from Operations
-20.45%
Total Assets
-1.26%
Profit or Loss
-45.06%
Net Worth
26.82%
EBITDA
-7.40%

What is the Ownership and Shareholding Structure of M. G. Sons?

In 2020, M. G. Sons 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

₹0

Satisfied Charges

₹80.00 M

Charges Breakdown by Lending Institutions

  • Others : 8.00 Cr

Latest Charge Details

DateLenderAmountStatus
24 Dec 2019Others₹4.00 CrSatisfied
16 Feb 2017Others₹4.00 CrSatisfied

How Many Employees Work at M. G. Sons?

Unlock and access historical data on people associated with M. G. Sons, 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. Sons, 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. Sons'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. Sons

Recent activity within the organization

  • Charges

    A charge registered on 24 Dec 2019 via Charge ID 100317175 with Others was fully satisfied on 01 Jan 2021.

    01 Jan 2021

  • Annual General Meeting

    M. G. Sons Limited last Annual general meeting of members was held on 30 Nov 2020 as per latest MCA records.

    30 Nov 2020

  • Charges

    A charge registered on 16 Feb 2017 via Charge ID 100105567 with Others was fully satisfied on 29 May 2020.

    29 May 2020

  • Balance Sheet

    M. G. Sons Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with RoC-Ahmedabad.

    31 Mar 2020

  • Charges

    A charge with Others amounted to Rs. 40.00 M with Charge ID 100317175 was registered on 24 Dec 2019.

    24 Dec 2019

  • Charges

    A charge with Others of Rs. 40.00 M registered on 16 Feb 2017 with Charge ID 100105567 was modified on 20 Feb 2018.

    20 Feb 2018

Frequently asked questions

  • M. G. Sons Limited was incorporated on 28 Sep 2016.

  • The authorized share capital of M. G. Sons Limited is ₹ 1.60 M and paid-up capital is ₹ 1.50 M.

  • As per Ministry of Corporate Affairs (Mca), the registered address of M. G. Sons Limited is 12-13 G/F Block-B Sumel Business Park-3, Nr. Mahipatram Ashram Raipur, Ahmedabad, Gujarat, India, 380002.

  • The corporate identification number (CIN) of M. G. Sons Limited is U18101GJ2016PLC093903 and the company number is 093903 as per Ministry of Corporate Affairs (MCA).

  • The Official website of M. G. Sons Limited is https://www.mgsons.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for M. G. Sons Limited has fallen by -20.43%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of M. G. Sons Limited has experienced an upsurge of 26.82%.

  • The most recent Balance Sheet for M. G. Sons Limited was filed with the ROC on 31 Mar 2020.

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