M G T Motors Private Limited
Founded in 1998 and headquartered in Manipur, India.
1998 | Imphal West, Manipur (India) | Active
M G T Motors Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 3.31 M
- Company Age 26 Year, 7 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 seven 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
Automotive
M G T Motors Private Limited
Explore comprehensive data for M G T Motors Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
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
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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 Limited
Amardeep Cheema is a mutual person
- Mmsc Adventures Private Limited
Amardeep Cheema is a mutual person
Charges (Loans)
Open Charges
₹82.95 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on M G T Motors
Recent activity within the organization
- Charges
A charge with Others of Rs. 19.00 Cr registered on 25 Sep 2019 with Charge ID 100299777 was modified on 25 Sep 2024.
- Charges
A charge with Hdfc Bank Limited of Rs. 44.60 Cr registered on 19 Dec 2020 with Charge ID 100411714 was modified on 12 Jul 2024.
- Charges
A charge registered on 18 Feb 2021 via Charge ID 100538382 with Others was fully satisfied on 24 Jun 2024.
- Charges
A charge registered on 26 Sep 2022 via Charge ID 100625996 with Others was fully satisfied on 05 Jun 2024.
- Charges
A charge registered on 12 Dec 2019 via Charge ID 100313413 with Others was fully satisfied on 05 Jun 2024.
- Charges
A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100970189 was registered on 28 May 2024.
Frequently asked questions
What is the Incorporation or founding date of M G T Motors Private Limited?
M G T Motors Private Limited was incorporated on 05 Oct 1998.
What is authorized share capital and paid-up capital of M G T Motors Private Limited?
The authorized share capital of M G T Motors Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 3.31 M.
Who are the current board members & directors of M G T Motors Private Limited?
Currently 3 directors are associated with M G T Motors Private Limited.
- Amardeep Singh Cheema
- Kulwant Singh Cheema
- Virender Kaur Cheema
What is the registered address of M G T Motors Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of M G T Motors Private Limited is M G Avenueimphal India, Manipur, 795001.
What is the corporate identification number (CIN) and company number of M G T Motors Private Limited?
The corporate identification number (CIN) of M G T Motors Private Limited is U93000MN1998PTC005548 and the company number is 005548 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for M G T Motors Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for M G T Motors Private Limited has risen by 67.38%.
How many employees does M G T Motors Private Limited currently have?
As Per 2022 financial reports, 250 employees are currently employed by M G T Motors Private Limited.
What change has been observed in the net worth of M G T Motors Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of M G T Motors Private Limited has experienced an upsurge of 15.36%.
What are the total open charges for M G T Motors Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for M G T Motors Private Limited amount to ₹ 82.95 Cr.
When was the last Balance Sheet of M G T Motors Private Limited filed with the ROC?
The most recent Balance Sheet for M G T Motors Private Limited was filed with the ROC on 31 Mar 2023.
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