M G Tools Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 3.49 M
- Company Age 19 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.00 Cr
- Revenue Growth -62.19%
- Profit Growth 59.46%
- Ebitda -8.89%
- Net Worth 23.28%
- Total Assets -54.30%
About M G Tools
M G Tools Private Limited (MGTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 November 2005 and has a history of 19 years and two months. Its registered office is in Delhi, India.
The Company is engaged in the Machinery And Equipment Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 3.49 M.
The company currently has active open charges totaling ₹1.00 Cr.
Subhash Mittal, Anu Mehra, Honey Mehra, and One other member 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
U29199DL2005PTC142466
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Company No.
142466
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
11 Nov 2005
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Delhi
Industry
What products or services does M G Tools Private Limited offer?
M G Tools Private Limited offers a wide range of products and services, including Drilling Bits, Collets and Chucks, Twist Drills, Cutting Tools & Milling Cutter, Carbide Milling Cutters, Brazed Tools, Saw Blades & Grinding Wheels, Grinding Wheels, Cutting Tool Inserts, Threading Tap, HSS Cutting Tools.
Who are the key members and board of directors at M G Tools?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Anu Mehra
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Director | 13-Jan-2018 | Current |
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Surbhi Gupta
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Director | 13-Jan-2018 | Current |
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Subhash Mittal
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Director | 11-Nov-2005 | Current |
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Honey Mehra
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Director | 11-Feb-2008 | Current |
Financial Performance of M G Tools.
M G Tools Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 62.19% decrease. The company also saw a substantial improvement in profitability, with a 59.46% increase in profit. The company's net worth Soared by an impressive increase of 23.28%.
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What is the Ownership and Shareholding Structure of M G Tools?
In 2023, M G Tools had a public holding of 0.40%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹10.00 M
₹0
Charges Breakdown by Lending Institutions
- Others : 1.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Nov 2024 | Others | ₹1.00 Cr | Open |
How Many Employees Work at M G Tools?
Unlock and access historical data on people associated with M G Tools, 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 Tools, 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 Tools'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
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