Mg Chariots Private Limited

Authorized dealer of Renault cars, selling and servicing passenger vehicles in Lucknow.

2012 | Lucknow, Uttar Pradesh (India) | Active
Last Updated:

Mg Chariots Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.86 Cr
  • Company Age 12 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 25.11 Cr
  • Satisfied Charges ₹ 22.74 Cr
  • Revenue Growth 18.08%
  • Profit Growth -74.35%
  • Ebitda -14.46%
  • Net Worth 2.11%
  • Total Assets 2.84%

About Mg Chariots

Mg Chariots Private Limited (MCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 April 2012 and has a history of 12 years and ten months. Its registered office is in Lucknow, Uttar Pradesh, India.

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 2.00 Cr and a paid-up capital of Rs 1.86 Cr.

The company currently has active open charges totaling ₹25.11 Cr. The company has closed loans amounting to ₹22.74 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vandita Agarwal and Ashish Agarwal serve as directors at the Company.

Company Details

  • Location

    Lucknow, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    renaultlucknow.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U50102UP2012PTC049873

  • Company No.

    049873

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Apr 2012

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Automotive

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

Executive Team (1)

NameDesignationAppointment DateStatus
Ashish Agarwal Country flag representing In Managing Director13-Apr-2012Current

Board Members (1)

NameDesignationAppointment DateStatus
Vandita Agarwal Country flag representing In Director 13-Apr-2012Current

Financial Performance of Mg Chariots.

Mg Chariots Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 18.08% increase. The company also saw a substantial fall in profitability, with a 74.35% decrease in profit. The company's net worth moved up by a moderate rise of 2.11%.

Mg Chariots revenue growth over time
Mg Chariots 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
18.08%
Revenue from Operations
18.14%
Total Assets
2.84%
Profit or Loss
-74.35%
Net Worth
2.11%
EBITDA
-14.46%

What is the Ownership and Shareholding Structure of Mg Chariots?

In 2022, Mg Chariots 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

₹25.11 Cr

Satisfied Charges

₹22.74 Cr

Charges Breakdown by Lending Institutions

  • Indian Bank : 12.51 Cr
  • Others : 12.29 Cr
  • Axis Bank Limited : 0.32 Cr

Latest Charge Details

DateLenderAmountStatus
22 Jan 2024Indian Bank₹2.40 MOpen
22 Jan 2024Indian Bank₹6.50 CrOpen
22 Jan 2024Indian Bank₹1.50 MOpen
22 Feb 2022Others₹2.90 MOpen
16 Feb 2022Indian Bank₹1.55 MOpen

How Many Employees Work at Mg Chariots?

Mg Chariots has a workforce of 103 employees as of Apr 03, 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 Chariots Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

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

  • Charges

    A charge with Indian Bank of Rs. 0.24 Cr registered on 22 Jan 2024 with Charge ID 100860893 was modified on 19 Feb 2024.

  • Charges

    A charge with Indian Bank of Rs. 6.50 Cr registered on 22 Jan 2024 with Charge ID 100860901 was modified on 19 Feb 2024.

  • Charges

    A charge with Indian Bank amounted to Rs. 0.15 Cr with Charge ID 100860907 was registered on 22 Jan 2024.

  • Charges

    A charge with Indian Bank amounted to Rs. 0.24 Cr with Charge ID 100860893 was registered on 22 Jan 2024.

Frequently asked questions

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

    Mg Chariots Private Limited was incorporated on 13 Apr 2012.

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

    The authorized share capital of Mg Chariots Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.86 Cr.

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

    Currently 2 directors are associated with Mg Chariots Private Limited.

    • Vandita Agarwal
    • Ashish Agarwal

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

    As per Ministry of Corporate Affairs (Mca), the registered address of Mg Chariots 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 Chariots Private Limited?

    The corporate identification number (CIN) of Mg Chariots Private Limited is U50102UP2012PTC049873 and the company number is 049873 as per Ministry of Corporate Affairs (MCA).

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

    The Official website of Mg Chariots Private Limited is https://www.renaultlucknow.com

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

    According to the financial reports for the fiscal year 2022, the revenue trend for Mg Chariots Private Limited has risen by 18.08%.

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

    As Per 2022 financial reports, 103 employees are currently employed by Mg Chariots Private Limited.

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

    The financial reports for the fiscal year 2022 indicates that The net worth of Mg Chariots Private Limited has experienced an upsurge of 2.11%.

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

    As per the financial statements for fiscal Year 2022, The total open charges for Mg Chariots Private Limited amount to ₹ 25.11 Cr.

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

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

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