M. G. Steels Limited

Provides rental services for factory and office buildings since 1986 in New Delhi.

1986 | Delhi (India) | Active
Last Updated:

M. G. Steels Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 0.79 M
  • Company Age 38 Year, 8 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 eight 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

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999DL1986PLC025140

  • Company No.

    025140

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    18 Aug 1986

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Financial Services
Company report

M. G. Steels Limited

Explore comprehensive data for M. G. Steels Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (3)

NameDesignationAppointment DateStatus
Anandika Tandon Country flag representing In Director 08-Mar-2018Current
Charu Leekha Country flag representing In Director 08-Mar-2018Current
Sanjay Leekha Country flag representing In Director 08-Mar-2018Current

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%.

M. G. Steels revenue growth over time
M. G. Steels 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
-5.95%
Profit or Loss
10.69%
Net Worth
22.02%
EBITDA
-0.31%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹500.00 M

Satisfied Charges

₹206.03 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 25.00 Cr
  • Citi Bank N.A. : 25.00 Cr

Latest Charge Details

DateLenderAmountStatus
21 Jun 2023Hdfc Bank Limited₹25.00 CrOpen
21 Jun 2023Citi Bank N.A.₹25.00 CrOpen
18 Apr 2022Others₹6.84 MSatisfied
18 Sep 2020Others₹5.70 MSatisfied
17 Jul 2020Others₹3.96 MSatisfied

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.

Employee growth trends for M. G. Steels Limited

Deals i

Graph showing company valuation over time

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

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. Steels

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 250.00 M registered on 21 Jun 2023 with Charge ID 100738267 was modified on 27 Oct 2023.

  • Charges

    A charge with Citi Bank N.A. of Rs. 250.00 M registered on 21 Jun 2023 with Charge ID 100749871 was modified on 27 Oct 2023.

  • Annual General Meeting

    M. G. Steels Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 250.00 M with Charge ID 100738267 was registered on 21 Jun 2023.

  • Charges

    A charge with Citi Bank N.A. amounted to Rs. 250.00 M with Charge ID 100749871 was registered on 21 Jun 2023.

  • Balance Sheet

    M. G. Steels Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

Frequently asked questions

  • What is the Incorporation or founding date of M. G. Steels Limited?

    M. G. Steels Limited was incorporated on 18 Aug 1986.

  • What is authorized share capital and paid-up capital of M. G. Steels Limited?

    The authorized share capital of M. G. Steels Limited is ₹ 1.50 M and paid-up capital is ₹ 0.79 M.

  • Who are the current board members & directors of M. G. Steels Limited?

    Currently 3 directors are associated with M. G. Steels Limited.

    • Charu Leekha
    • Sanjay Leekha
    • Anandika Leekha Tandon

  • What is the registered address of M. G. Steels Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of M. G. Steels Limited is C-208 Sarvodaya Enclave India, New Delhi, 110017.

  • What is the corporate identification number (CIN) and company number of M. G. Steels Limited?

    The corporate identification number (CIN) of M. G. Steels Limited is U74999DL1986PLC025140 and the company number is 025140 as per Ministry of Corporate Affairs (MCA).

  • What change has been observed in the net worth of M. G. Steels Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of M. G. Steels Limited has experienced an upsurge of 22.02%.

  • What are the total open charges for M. G. Steels Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for M. G. Steels Limited amount to ₹ 50.00 Cr.

  • When was the last Balance Sheet of M. G. Steels Limited filed with the ROC?

    The most recent Balance Sheet for M. G. Steels Limited was filed with the ROC on 31 Mar 2023.

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