M. G. Steels Profile
Key Indicators
- Authorised Capital ₹ 1.50 M
- Paid Up Capital ₹ 0.79 M
- Company Age 38 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 50.00 Cr
- Satisfied Charges ₹ 20.60 Cr
- Revenue Growth %
- Profit Growth 10.69%
- Ebitda -0.31%
- Net Worth 22.02%
- Total Assets -5.95%
About M. G. Steels
M. G. Steels Limited (MGSL) is a Public Limited Indian Non-Government Company incorporated in India on 18 August 1986 and has a history of 38 years and five months. Its registered office is in Delhi, India.
The Company is engaged in the Financial Services 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 1.50 M and a paid-up capital of Rs 0.79 M.
The company currently has active open charges totaling ₹50.00 Cr. The company has closed loans amounting to ₹20.60 Cr, as per Ministry of Corporate Affairs (MCA) records.
Charu Leekha, Sanjay Leekha, and Anandika Tandon serve as directors at the Company.
Company Details
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Location
Delhi, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U74999DL1986PLC025140
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Company No.
025140
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
18 Aug 1986
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Date of AGM
29 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Delhi
Industry
Who are the key members and board of directors at M. G. Steels?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Anandika Tandon
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Director | 08-Mar-2018 | Current |
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Charu Leekha
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Director | 08-Mar-2018 | Current |
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Sanjay Leekha
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Director | 08-Mar-2018 | Current |
Financial Performance of M. G. Steels.
M. G. Steels Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 10.69% increase in profit. The company's net worth Soared by an impressive increase of 22.02%.
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What is the Ownership and Shareholding Structure of M. G. Steels?
In 2023, M. G. Steels 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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Charu Leekha and Sanjay Leekha are mutual person
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Alpine Creations Private Limited
Charu Leekha and Sanjay Leekha are mutual person
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Leather Sector Skill CouncilSanjay Leekha is a mutual person
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Amazon Leathers Private LimitedCharu Leekha, Sanjay Leekha and 1 more are mutual person
Charges (Loans)
₹500.00 M
₹206.03 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 25.00 Cr
- Citi Bank N.A. : 25.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Jun 2023 | Hdfc Bank Limited | ₹25.00 Cr | Open |
| 21 Jun 2023 | Citi Bank N.A. | ₹25.00 Cr | Open |
| 18 Apr 2022 | Others | ₹6.84 M | Satisfied |
| 18 Sep 2020 | Others | ₹5.70 M | Satisfied |
| 17 Jul 2020 | Others | ₹3.96 M | Satisfied |
How Many Employees Work at M. G. Steels?
Unlock and access historical data on people associated with M. G. Steels, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of M. G. Steels, 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. Steels'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.
