M G T Motors Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 3.31 M
- Company Age 26 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 82.95 Cr
- Satisfied Charges ₹ 135.52 Cr
- Revenue Growth 67.38%
- Profit Growth 328.75%
- Ebitda 46.80%
- Net Worth 15.36%
- Total Assets 36.57%
About M G T Motors
M G T Motors Private Limited (MGTMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 October 1998 and has a history of 26 years and four months. Its registered office is in Imphal West, Manipur, India.
The Corporate was formerly known as Manipur Golden Travels Private Limited. The Company is engaged in the Automotive 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 1.00 Cr and a paid-up capital of Rs 3.31 M.
The company currently has active open charges totaling ₹82.95 Cr. The company has closed loans amounting to ₹135.52 Cr, as per Ministry of Corporate Affairs (MCA) records.
Amardeep Cheema, Kulwant Cheema, and Virender Cheema serve as directors at the Company.
Company Details
- Location
Imphal West, Manipur, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U93000MN1998PTC005548
- Company No.
005548
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
05 Oct 1998
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Shillong
Industry
Who are the key members and board of directors at M G T Motors?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Amardeep Cheema  | Director | 05-Oct-1998 | Current |
| Kulwant Cheema | Director | 05-Oct-1998 | Current |
| Virender Cheema | Director | 23-Oct-1998 | Current |
Financial Performance of M G T Motors.
M G T Motors Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 67.38% increase. The company also saw a substantial improvement in profitability, with a 328.75% increase in profit. The company's net worth Soared by an impressive increase of 15.36%.
- Key Matrics
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What is the Ownership and Shareholding Structure of M G T Motors?
In 2022, M G T Motors 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)
M G T Motors (Automobiles) Private LimitedAmardeep Cheema is a mutual person
- Mmsc Adventures Private Limited
Amardeep Cheema is a mutual person
Charges (Loans)
₹82.95 Cr
₹135.52 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 44.60 Cr
- Others : 21.35 Cr
- State Bank Of India : 17.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 May 2024 | Others | ₹5.00 M | Open |
| 28 May 2024 | Others | ₹5.00 M | Open |
| 27 Jun 2022 | State Bank Of India | ₹17.00 Cr | Open |
| 08 Apr 2022 | Others | ₹1.35 Cr | Open |
| 19 Dec 2020 | Hdfc Bank Limited | ₹44.60 Cr | Open |
How Many Employees Work at M G T Motors?
M G T Motors has a workforce of 250 employees as of Apr 08, 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 T Motors, 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 T Motors'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.