Mg Automotives (Bus & Coach) Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
as on 24-10-2024
- Paid Up Capital ₹ 12.30 Cr
as on 24-10-2024
- Company Age 20 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 99.15 Cr
as on 24-10-2024
- Satisfied Charges ₹ 19.50 Cr
as on 24-10-2024
- Revenue 635.11%
(FY 2023)
- Profit 21.71%
(FY 2023)
- Ebitda 51.05%
(FY 2023)
- Net Worth -24.81%
(FY 2023)
- Total Assets 75.88%
(FY 2023)
About Mg Automotives (Bus & Coach)
The Corporate was formerly known as Alma Motors 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 15.00 Cr and a paid-up capital of Rs 12.30 Cr.
The company currently has active open charges totaling ₹99.15 Cr. The company has closed loans amounting to ₹19.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Mg Automotives (Bus & Coach) Private Limited India is Savita Kulkarni as COMPANY SECRETARY. Sudha Kamat, Jayaram Shetty, and Anil Kamat serve as directors at the Company.
- CIN/LLPIN
U34200MH2004PTC148666
- Company No.
148666
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
17 Sep 2004
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Mg Automotives (Bus & Coach)?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Anil Kamat  | Managing Director | 17-Sep-2004 | Current |
| Savita Kulkarni | Company Secretary | 01-Jul-2023 | Current |
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sudha Kamat | Director | 09-Jul-2015 | Current |
| Jayaram Shetty | Director | 01-Dec-2004 | Current |
Financial Performance of Mg Automotives (Bus & Coach).
Mg Automotives (Bus & Coach) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 635.11% increase. The company also saw a substantial improvement in profitability, with a 21.71% increase in profit. The company's net worth observed a substantial decline by a decrease of 24.81%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Mg Automotives (Bus & Coach)?
In 2023, Mg Automotives (Bus & Coach) 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. Automotives Private LimitedActive 40 years 25 daysSudha Kamat, Jayaram Shetty and 1 more are mutual person
- Mg Baithkol Touring Company LlpActive 12 years 5 months
Sudha Kamat and Anil Kamat are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 18 Jul 2023 | ₹6.75 Cr | Open |
Others Creation Date: 13 Dec 2022 | ₹5.00 Cr | Open |
Others Creation Date: 13 Dec 2022 | ₹5.00 Cr | Open |
How Many Employees Work at Mg Automotives (Bus & Coach)?
Mg Automotives (Bus & Coach) has a workforce of 94 employees as of Apr 01, 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 Mg Automotives (Bus & Coach), 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 Mg Automotives (Bus & Coach)'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.
