Mg Autosales Profile
Key Indicators
- Authorised Capital ₹ 4.17 Cr
as on 17-11-2024
- Paid Up Capital ₹ 4.04 Cr
as on 17-11-2024
- Company Age 16 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 45.27 Cr
as on 17-11-2024
- Satisfied Charges ₹ 50.71 Cr
as on 17-11-2024
- Revenue 2.06%
(FY 2023)
- Profit 5.11%
(FY 2023)
- Ebitda 1.32%
(FY 2023)
- Net Worth 7.34%
(FY 2023)
- Total Assets 18.54%
(FY 2023)
About Mg Autosales
The Corporate was formerly known as Stallion Autosales 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 2024. It's a company limited by shares with an authorized capital of Rs 4.17 Cr and a paid-up capital of Rs 4.04 Cr.
The company currently has active open charges totaling ₹45.27 Cr. The company has closed loans amounting to ₹50.71 Cr, as per Ministry of Corporate Affairs (MCA) records.
Mudita Agarwal and Abhishek Agarwal serve as directors at the Company.
- CIN/LLPIN
U50102UP2008PTC035365
- Company No.
035365
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
30 May 2008
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Kanpur
Industry
Company Details
- Location
Lucknow, Uttar Pradesh, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Mg Autosales?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Abhishek Agarwal  | Managing Director | 02-Jun-2008 | Current |
Board Members(1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Mudita Agarwal | Director | 30-May-2008 | Current |
Financial Performance of Mg Autosales.
Mg Autosales Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 2.06% increase. The company also saw a slight improvement in profitability, with a 5.11% increase in profit. The company's net worth moved up by a moderate rise of 7.34%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Mg Autosales?
In 2023, Mg Autosales 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)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 22 Jul 2024 | ₹1.00 Cr | Open |
Others Creation Date: 21 Mar 2024 | ₹4.25 Cr | Open |
Others Creation Date: 21 Mar 2024 | ₹2.50 M | Open |
How Many Employees Work at Mg Autosales?
Mg Autosales has a workforce of 34 employees as of Apr 02, 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 Autosales, 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 Autosales'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.
