Mg Housing Profile
Key Indicators
- Authorised Capital ₹ 30.00 Cr
- Paid Up Capital ₹ 17.42 Cr
- Company Age 14 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 81.00 Cr
- Satisfied Charges ₹ 379.34 Cr
- Revenue Growth -66.41%
- Profit Growth -51.54%
- Ebitda -2.21%
- Net Worth 0.09%
- Total Assets -0.81%
About Mg Housing
Mg Housing Private Limited (MHPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 September 2010 and has a history of 14 years and eight months. Its registered office is in New Delhi, India.
The Corporate was formerly known as Mangalmay Constructions Private Limited. The Company is engaged in the Real Estate And Construction 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 30.00 Cr and a paid-up capital of Rs 17.42 Cr.
The company currently has active open charges totaling ₹81.00 Cr. The company has closed loans amounting to ₹379.34 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Mg Housing Private Limited India is Roopali Bansal as COMPANY SECRETARY. Ajay Mangal and Dinesh Gupta serve as directors at the Company.
Company Details
- Location
New Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U45400DL2010PTC208619
- Company No.
208619
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
22 Sep 2010
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Real Estate and Construction
What products or services does Mg Housing Private Limited offer?
Mg Housing Private Limited offers a wide range of products and services, including Residential Property, Residential Flats, Land Brokers, Commercial Residential Plots.
Mg Housing Private Limited
Explore comprehensive data for Mg Housing Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Mg Housing?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Roopali Bansal  | Company Secretary | 30-Nov-2023 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ajay Mangal | Director | 22-Sep-2010 | Current |
| Dinesh Gupta | Director | 31-May-2012 | Current |
Financial Performance of Mg Housing.
Mg Housing Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 66.41% decrease. The company also saw a substantial fall in profitability, with a 51.54% decrease in profit. The company's net worth moved up by a moderate rise of 0.09%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (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 Housing?
In 2023, Mg Housing had a promoter holding of 100.00%. The company had 1 Subsidiary and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Mg Plotters Private LimitedAjay Mangal is a mutual person
Best Choice Developers Private LimitedAjay Mangal is a mutual person
Fine Home Constructions Private LimitedAjay Mangal and Dinesh Gupta are mutual person
Panya Housing Private LimitedAjay Mangal is a mutual person
- Vaish Builders Private Limited
Ajay Mangal is a mutual person
- Peerfintech Solutions Private Limited
Ajay Mangal is a mutual person
Charges (Loans)
Open Charges
₹81.00 Cr
Satisfied Charges
₹379.34 Cr
Charges Breakdown by Lending Institutions
- Idbi Trusteeship Services Limited : 81.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Jan 2020 | Idbi Trusteeship Services Limited | ₹81.00 Cr | Open |
| 23 Jun 2021 | Others | ₹19.85 Cr | Satisfied |
| 10 May 2018 | Others | ₹60.00 Cr | Satisfied |
| 09 Jan 2018 | Others | ₹0.84 M | Satisfied |
| 25 Jul 2017 | Others | ₹1.00 M | Satisfied |
How Many Employees Work at Mg Housing?
Mg Housing has a workforce of 14 employees as of Mar 27, 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 Housing, 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 Housing'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.
Latest Updates, News, and FAQs on Mg Housing
Recent activity within the organization
- Annual General Meeting
Mg Housing Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge registered on 23 Jun 2021 via Charge ID 100464819 with Others was fully satisfied on 07 Jun 2024.
- Charges
A charge registered on 10 May 2018 via Charge ID 100179836 with Others was fully satisfied on 07 Jun 2024.
- Charges
A charge registered on 12 Sep 2016 via Charge ID 100062304 with Others was fully satisfied on 07 Jun 2024.
- Balance Sheet
Mg Housing Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
- Director Appointment
Roopali Bansal was appointed as a Company Secretary was appointed as a Company Secretary on 30 Nov 2023 & has been associated with this company since 1 year 5 months .
Frequently asked questions
What is the Incorporation or founding date of Mg Housing Private Limited?
Mg Housing Private Limited was incorporated on 22 Sep 2010.
What is authorized share capital and paid-up capital of Mg Housing Private Limited?
The authorized share capital of Mg Housing Private Limited is ₹ 30.00 Cr and paid-up capital is ₹ 17.42 Cr.
Who are the current board members & directors of Mg Housing Private Limited?
Currently 3 directors are associated with Mg Housing Private Limited.
- Ajay Mangal
- Dinesh Chand Gupta
- Roopali Bansal
What is the registered address of Mg Housing Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Mg Housing Private Limited is G-127 12Th Floor Himalaya House K. G. Marg, India, New Delhi, 110001.
What is the corporate identification number (CIN) and company number of Mg Housing Private Limited?
The corporate identification number (CIN) of Mg Housing Private Limited is U45400DL2010PTC208619 and the company number is 208619 as per Ministry of Corporate Affairs (MCA).
What is the official website of Mg Housing Private Limited?
The Official website of Mg Housing Private Limited is https://www.mghousing.com
What has been the recent revenue trend for Mg Housing Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Mg Housing Private Limited has fallen by -66.41%.
How many employees does Mg Housing Private Limited currently have?
As Per 2023 financial reports, 14 employees are currently employed by Mg Housing Private Limited.
What change has been observed in the net worth of Mg Housing Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Mg Housing Private Limited has experienced an upsurge of 0.09%.
What are the total open charges for Mg Housing Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Mg Housing Private Limited amount to ₹ 81.00 Cr.
When was the last Balance Sheet of Mg Housing Private Limited filed with the ROC?
The most recent Balance Sheet for Mg Housing 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
People also Viewed
Aditya GuptaAdditional DirectorBM
Brij MangalDirector
Similar Companies Based on Real Estate Builders & Developers
Godrej And Boyce Manufacturing Company Limited Mumbai, Maharashtra, India
Ahluwalia Contracts (India) Limited Delhi, India
B. G. Shirke Construction Technology Private Limited Pune, Maharashtra, India
Sobha Limited Bangaluru, Karnataka, India
Oberoi Realty Limited Mumbai, Maharashtra, India
Bgr Mining & Infra Limited Hyderabad, Telangana, India
Dlf Limited Gurugram, Haryana, India
Micro Labs Limited Bangaluru, Karnataka, India