Mg Automotives (Bus & Coach) Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 12.30 Cr
- Company Age 20 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 99.15 Cr
- Satisfied Charges ₹ 19.50 Cr
- Revenue Growth 635.11%
- Profit Growth 21.71%
- Ebitda 51.05%
- Net Worth -24.81%
- Total Assets 75.88%
About Mg Automotives (Bus & Coach)
Mg Automotives (Bus & Coach) Private Limited (MABCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 September 2004 and has a history of 20 years and five months. Its registered office is in Mumbai, Maharashtra, India.
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.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- 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
Automotive
Mg Automotives (Bus & Coach) Private Limited
Explore comprehensive data for Mg Automotives (Bus & Coach) Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
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.
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Sudha Kamat and Anil Kamat are mutual person
- Mg Solar Powertronics Llp
Sudha Kamat and Anil Kamat are mutual person
- Mg Baithkol Touring Company Llp
Sudha Kamat and Anil Kamat are mutual person
- Mg Composites Llp
Sudha Kamat and Anil Kamat are mutual person
- Mg Leather & Trim Llp
Sudha Kamat and Anil Kamat are mutual person
Charges (Loans)
Open Charges
₹99.15 Cr
Satisfied Charges
₹19.50 Cr
Charges Breakdown by Lending Institutions
- Others : 99.15 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Jul 2023 | Others | ₹6.75 Cr | Open |
| 13 Dec 2022 | Others | ₹5.00 Cr | Open |
| 13 Dec 2022 | Others | ₹5.00 Cr | Open |
| 30 Jun 2022 | Others | ₹2.50 Cr | Open |
| 19 Mar 2022 | Others | ₹2.90 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.
Latest Updates, News, and FAQs on Mg Automotives (Bus & Coach)
Recent activity within the organization
- Annual General Meeting
Mg Automotives (Bus & Coach) Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.
- Charges
A charge with Others of Rs. 35.00 Cr registered on 25 Sep 2014 with Charge ID 10529056 was modified on 16 Aug 2023.
- Charges
A charge with Others amounted to Rs. 6.75 Cr with Charge ID 100751479 was registered on 18 Jul 2023.
- Director Appointment
Savita Sujit Kulkarni was appointed as a Company Secretary was appointed as a Company Secretary on 01 Jul 2023 & has been associated with this company since 1 year 8 months .
- Balance Sheet
Mg Automotives (Bus & Coach) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
- Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100659842 was registered on 13 Dec 2022.
Frequently asked questions
What is the Incorporation or founding date of Mg Automotives (Bus & Coach) Private Limited?
Mg Automotives (Bus & Coach) Private Limited was incorporated on 17 Sep 2004.
What is authorized share capital and paid-up capital of Mg Automotives (Bus & Coach) Private Limited?
The authorized share capital of Mg Automotives (Bus & Coach) Private Limited is ₹ 15.00 Cr and paid-up capital is ₹ 12.30 Cr.
Who are the current board members & directors of Mg Automotives (Bus & Coach) Private Limited?
Currently 4 directors are associated with Mg Automotives (Bus & Coach) Private Limited.
- Sudha Mohan Kamat
- Jayaram Sunder Shetty
- Anil Mohan Kamat
- Savita Sujit Kulkarni
What is the registered address of Mg Automotives (Bus & Coach) Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Mg Automotives (Bus & Coach) Private Limited is Khanna Estate Lbs Marg Opposite Stock Holding Exchange Vikhrol I West, India, Mumbai, Maharashtra, 400079.
What is the corporate identification number (CIN) and company number of Mg Automotives (Bus & Coach) Private Limited?
The corporate identification number (CIN) of Mg Automotives (Bus & Coach) Private Limited is U34200MH2004PTC148666 and the company number is 148666 as per Ministry of Corporate Affairs (MCA).
What is the official website of Mg Automotives (Bus & Coach) Private Limited?
The Official website of Mg Automotives (Bus & Coach) Private Limited is https://www.mgbusandcoach.com
What has been the recent revenue trend for Mg Automotives (Bus & Coach) Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Mg Automotives (Bus & Coach) Private Limited has risen by 635.11%.
How many employees does Mg Automotives (Bus & Coach) Private Limited currently have?
As Per 2023 financial reports, 94 employees are currently employed by Mg Automotives (Bus & Coach) Private Limited.
What change has been observed in the net worth of Mg Automotives (Bus & Coach) Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Mg Automotives (Bus & Coach) Private Limited has experienced an downturn of -24.81%.
What are the total open charges for Mg Automotives (Bus & Coach) Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Mg Automotives (Bus & Coach) Private Limited amount to ₹ 99.15 Cr.
When was the last Balance Sheet of Mg Automotives (Bus & Coach) Private Limited filed with the ROC?
The most recent Balance Sheet for Mg Automotives (Bus & Coach) Private Limited was filed with the ROC on 31 Mar 2023.
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