Mg Cabinets Private Limited

Manufactures steel almirah and household furniture, including kids and library almirahs.

2019 | Fatehabad, Haryana (India) | Active
Last Updated: January 14, 2025

Mg Cabinets Profile

Key Indicators

  • Authorised Capital ₹ 3.50 M
  • Paid Up Capital ₹ 3.11 M
  • Company Age 5 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.41 Cr
  • Satisfied Charges ₹ 3.41 M

About Mg Cabinets

Mg Cabinets Private Limited (MCPL) is a Private Limited Indian Non-Government Company incorporated in India on 26 July 2019 (Five years and seven months 0 days old ). Its registered office is in Fatehabad, Haryana, India.

The Company is engaged in the Consumer Electronics & Durables 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 3.50 M and a paid-up capital of Rs 3.11 M.

The company currently has active open charges totaling ₹2.41 Cr. The company has closed loans amounting to ₹3.41 M, as per Ministry of Corporate Affairs (MCA) records.

Satish Kumar, Harbhajan Lal, and Mohit Gagneja serve as directors at the Company.

Company Details

  • Location

    Fatehabad, Haryana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    mgcabinets.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U36999HR2019PTC081655

  • Company No.

    081655

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Jul 2019

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Consumer Electronics & Durables

What products or services does Mg Cabinets Private Limited offer?

Mg Cabinets Private Limited offers a wide range of products and services, including Metal Wardrobe & Cupboard, Steel Almirah, Almirah & Wardrobe, Dressing Almirah, Wooden Cabinets & Wardrobes, Wooden Almirah, Kitchen Cabinets, Steel Cabinets, Kids Almirah, Office Cabinets.

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

Board Members (3)

NameDesignationAppointment DateStatus
Satish Kumar Country flag representing In Director 26-Jul-2019Current
Harbhajan Lal Country flag representing In Director 26-Jul-2019Current
Mohit Gagneja Country flag representing In Director 26-Jul-2019Current

Financial Performance of Mg Cabinets.

Mg Cabinets Private Limited, for the financial year ended 2020, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

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
Profit or Loss
Net Worth
EBITDA

What is the Ownership and Shareholding Structure of Mg Cabinets?

In 2020, Mg Cabinets 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

₹24.05 M

Satisfied Charges

₹3.41 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 2.21 Cr
  • Others : 0.20 Cr

Latest Charge Details

DateLenderAmountStatus
08 Jul 2024Others₹2.00 MOpen
06 Nov 2019Axis Bank Limited₹2.21 CrOpen
23 Nov 2021Hdfc Bank Limited₹1.50 MSatisfied
28 Dec 2020Hdfc Bank Limited₹0.51 MSatisfied
27 Jul 2020Hdfc Bank Limited₹1.41 MSatisfied

How Many Employees Work at Mg Cabinets?

Unlock and access historical data on people associated with Mg Cabinets, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Charges

    A charge registered on 23 Nov 2021 via Charge ID 100509967 with Hdfc Bank Limited was fully satisfied on 21 Aug 2024.

    21 Aug 2024

  • Charges

    A charge registered on 28 Dec 2020 via Charge ID 100404094 with Hdfc Bank Limited was fully satisfied on 21 Aug 2024.

    21 Aug 2024

  • Charges

    A charge with Others amounted to Rs. 2.00 M with Charge ID 100952280 was registered on 08 Jul 2024.

    08 Jul 2024

  • Balance Sheet

    Mg Cabinets 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 Axis Bank Limited of Rs. 22.05 M registered on 06 Nov 2019 with Charge ID 100301738 was modified on 25 Feb 2023.

    25 Feb 2023

Frequently asked questions

  • Mg Cabinets Private Limited was incorporated on 26 Jul 2019.

  • The authorized share capital of Mg Cabinets Private Limited is ₹ 3.50 M and paid-up capital is ₹ 3.11 M.

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

    • Satish Kumar
    • Harbhajan Lal
    • Mohit Kumar Gagneja
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mg Cabinets Private Limited is 80/16 25 7 Mile Stone Near Shiv Mandir Bhuna Road, Majra India, Fatehabad, Haryana, 125050.

  • The corporate identification number (CIN) of Mg Cabinets Private Limited is U36999HR2019PTC081655 and the company number is 081655 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mg Cabinets Private Limited is https://www.mgcabinets.in

  • As per the financial statements for fiscal Year 2020, The total open charges for Mg Cabinets Private Limited amount to ₹ 2.41 Cr.

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