Mg Biological Private Limited

Produces pharmaceuticals, medical devices, ayurvedic, nutraceuticals, health supplements, and cosmetics.

2021 | Delhi (India) | Active
Last Updated: December 19, 2024

Mg Biological Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 3 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.50 Cr
  • Revenue Growth %
  • Profit Growth 2484.58%
  • Ebitda 4059.41%
  • Net Worth 369.00%
  • Total Assets 1798.41%

About Mg Biological

Mg Biological Private Limited (MBPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 08 November 2021 (Three years and three months 7 days old ). Its registered office is in Delhi, India.

The Company is engaged in the Healthcare 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 1.00 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹1.50 Cr.

Varun Kumar, Fayazul Islam, and Mohd Akhalaque serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    mgbiological.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U85190DL2021PTC389496

  • Company No.

    389496

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Nov 2021

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Healthcare
Pharma

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

Board Members (3)

Name Designation Appointment Date Status
Varun Kumar Country flag representing In Director 08-Nov-2021 Current
Fayazul Islam Country flag representing In Director 08-Nov-2021 Current
Mohd Akhalaque Country flag representing In Director 08-Nov-2021 Current

Financial Performance of Mg Biological.

Mg Biological Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 2484.58% increase in profit. The company's net worth Soared by an impressive increase of 369%.

Graph illustrating revenue growth over time
Graph showing 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
Revenue from Operations
Total Assets
1798.41%
Profit or Loss
2484.58%
Net Worth
369.00%
EBITDA
4059.41%

What is the Ownership and Shareholding Structure of Mg Biological?

Unlock access to Mg Biological's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹15.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 1.50 Cr

Latest Charge Details

Date Lender Amount Status
23 Aug 2023 Others ₹1.50 Cr Open

How Many Employees Work at Mg Biological?

Mg Biological has a workforce of 0 employees as of Apr 04, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mg Biological, 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 Biological'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 Biological

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 15.00 M with Charge ID 100787654 was registered on 23 Aug 2023.

    23 Aug 2023

  • Director Appointment

    Varun Kumar was appointed as a Director was appointed as a Director on 08 Nov 2021 & has been associated with this company since 3 years 3 months .

    08 Nov 2021

  • Director Appointment

    Fayazul Islam was appointed as a Director was appointed as a Director on 08 Nov 2021 & has been associated with this company since 3 years 3 months .

    08 Nov 2021

  • Director Appointment

    Mohd Akhalaque was appointed as a Director was appointed as a Director on 08 Nov 2021 & has been associated with this company since 3 years 3 months .

    08 Nov 2021

Frequently asked questions

  • Mg Biological Private Limited was incorporated on 08 Nov 2021.

  • The authorized share capital of Mg Biological Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 3 directors are associated with Mg Biological Private Limited.

    • Varun Kumar
    • Fayazul Islam
    • Mohd Akhalaque
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mg Biological Private Limited is A-62 Besment Dda Shed Okhla Industrial Area Phase-Ii Near Opp Cng India, Delhi, 110020.

  • The corporate identification number (CIN) of Mg Biological Private Limited is U85190DL2021PTC389496 and the company number is 389496 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mg Biological Private Limited is https://www.mgbiological.com

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mg Biological Private Limited has experienced an upsurge of 369.00%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Mg Biological Private Limited amount to ₹ 1.50 Cr.

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