Mg Autosales Private Limited

Authorized dealer for Honda cars in Lucknow, UP, operating under the name 'Stallion Honda'.

2008 | Lucknow, Uttar Pradesh (India) | Active
Last Updated:

Mg Autosales Profile

Key Indicators

  • Authorised Capital ₹ 4.17 Cr
  • Paid Up Capital ₹ 4.04 Cr
  • Company Age 16 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 45.27 Cr
  • Satisfied Charges ₹ 50.71 Cr
  • Revenue Growth 2.06%
  • Profit Growth 5.11%
  • Ebitda 1.32%
  • Net Worth 7.34%
  • Total Assets 18.54%

About Mg Autosales

Mg Autosales Private Limited (MAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 May 2008 and has a history of 16 years and 11 months. Its registered office is in Lucknow, Uttar Pradesh, India.

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.

Company Details

  • Location

    Lucknow, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • 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

Automotive
Company report

Mg Autosales Private Limited

Explore comprehensive data for Mg Autosales Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Mg Autosales?

Executive Team (1)

NameDesignationAppointment DateStatus
Abhishek Agarwal Country flag representing In Managing Director02-Jun-2008Current

Board Members (1)

NameDesignationAppointment DateStatus
Mudita Agarwal Country flag representing In Director 30-May-2008Current

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%.

Mg Autosales revenue growth over time
Mg Autosales profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
2.06%
Revenue from Operations
0.59%
Total Assets
18.54%
Profit or Loss
5.11%
Net Worth
7.34%
EBITDA
1.32%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹45.27 Cr

Satisfied Charges

₹50.71 Cr

Charges Breakdown by Lending Institutions

  • Others : 36.27 Cr
  • Hdfc Bank Limited : 9.00 Cr

Latest Charge Details

DateLenderAmountStatus
22 Jul 2024Others₹1.00 CrOpen
21 Mar 2024Others₹4.25 CrOpen
21 Mar 2024Others₹2.50 MOpen
12 Jul 2023Others₹14.00 CrOpen
01 Aug 2022Others₹3.50 CrOpen

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.

Employee growth trends for Mg Autosales Private Limited

Deals i

Graph showing company valuation over time

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

Graph displaying rating trends over time

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

Alert Indicator

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 Autosales

Recent activity within the organization

  • Annual General Meeting

    Mg Autosales Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100954079 was registered on 22 Jul 2024.

  • Charges

    A charge with Others of Rs. 14.00 Cr registered on 12 Jul 2023 with Charge ID 100761965 was modified on 22 Jul 2024.

  • Charges

    A charge registered on 12 Mar 2019 via Charge ID 100286350 with Others was fully satisfied on 04 Apr 2024.

  • Balance Sheet

    Mg Autosales Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur.

  • Charges

    A charge with Others amounted to Rs. 4.25 Cr with Charge ID 100885286 was registered on 21 Mar 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Mg Autosales Private Limited?

    Mg Autosales Private Limited was incorporated on 30 May 2008.

  • What is authorized share capital and paid-up capital of Mg Autosales Private Limited?

    The authorized share capital of Mg Autosales Private Limited is ₹ 4.17 Cr and paid-up capital is ₹ 4.04 Cr.

  • Who are the current board members & directors of Mg Autosales Private Limited?

    Currently 2 directors are associated with Mg Autosales Private Limited.

    • Mudita Agarwal
    • Abhishek Agarwal

  • What is the registered address of Mg Autosales Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mg Autosales Private Limited is 3/44 Ambalika Gokhle Vihar Marg India, Lucknow, Uttar Pradesh, 226001.

  • What is the corporate identification number (CIN) and company number of Mg Autosales Private Limited?

    The corporate identification number (CIN) of Mg Autosales Private Limited is U50102UP2008PTC035365 and the company number is 035365 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Mg Autosales Private Limited?

    The Official website of Mg Autosales Private Limited is https://www.stallionhonda.com

  • What has been the recent revenue trend for Mg Autosales Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Mg Autosales Private Limited has risen by 2.06%.

  • How many employees does Mg Autosales Private Limited currently have?

    As Per 2023 financial reports, 34 employees are currently employed by Mg Autosales Private Limited.

  • What change has been observed in the net worth of Mg Autosales Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Mg Autosales Private Limited has experienced an upsurge of 7.34%.

  • What are the total open charges for Mg Autosales Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Mg Autosales Private Limited amount to ₹ 45.27 Cr.

  • When was the last Balance Sheet of Mg Autosales Private Limited filed with the ROC?

    The most recent Balance Sheet for Mg Autosales Private Limited was filed with the ROC on 31 Mar 2024.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed

Similar Companies Based on Auto Dealership & Trading