Mg Cars Profile
Key Indicators
- Authorised Capital ₹ 1.70 Cr
as on 17-11-2024
- Paid Up Capital ₹ 1.65 Cr
as on 17-11-2024
- Company Age 6 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 111.00 Cr
as on 17-11-2024
- Revenue 38.07%
(FY 2023)
- Profit 124.93%
(FY 2023)
- Ebitda 72.42%
(FY 2023)
- Net Worth 74.61%
(FY 2023)
- Total Assets 128.63%
(FY 2023)
About Mg Cars
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 1.70 Cr and a paid-up capital of Rs 1.65 Cr.
The company currently has active open charges totaling ₹111.00 Cr.
Pranaba Biswal and Yadur Kapur serve as directors at the Company.
- CIN/LLPIN
U50103DL2018PTC341869
- Company No.
341869
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
15 Nov 2018
- Date of AGM
28 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Company Details
- Location
Delhi, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Mg Cars?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Pranaba Biswal  | Director | 22-Jan-2024 | Current |
Yadur Kapur  | Director | 15-Nov-2018 | Current |
Financial Performance and Corporate Structure Insights of Mg Cars.
Mg Cars Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 38.07% increase. The company also saw a substantial improvement in profitability, with a 124.93% increase in profit. The company's net worth Soared by an impressive increase of 74.61%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Mg Cars?
In 2023, Mg Cars 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)
Ring Road Motocorp Private LimitedActive 5 years 5 monthsPranaba Biswal and Yadur Kapur are mutual person
- Bas Engineering Private LimitedActive 27 years 7 months
Pranaba Biswal and Yadur Kapur are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 28 May 2019 | ₹111.00 Cr | Open |
How Many Employees Work at Mg Cars?
Mg Cars has a workforce of 56 employees as of Apr 06, 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 Cars, 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 Cars'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.
