Mg Housing Profile
Key Indicators
- Authorised Capital ₹ 30.00 Cr
as on 30-07-2024
- Paid Up Capital ₹ 17.42 Cr
as on 30-07-2024
- Company Age 14 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 81.00 Cr
as on 30-07-2024
- Satisfied Charges ₹ 379.34 Cr
as on 30-07-2024
- Revenue -66.41%
(FY 2023)
- Profit -51.54%
(FY 2023)
- Ebitda -2.21%
(FY 2023)
- Net Worth 0.09%
(FY 2023)
- Total Assets -0.81%
(FY 2023)
About Mg Housing
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 2023. 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.
- CIN/LLPIN
U45400DL2010PTC208619
- Company No.
208619
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
22 Sep 2010
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Company Details
- Location
New Delhi, Delhi, India
- Telephone
- Email Address
- Website
- Social Media
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.
Who are the key members and board of directors at Mg Housing?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Roopali Bansal  | Company Secretary | 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 and Corporate Structure Insights 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
| Metric |
| (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)
Fine Home Constructions Private LimitedActive 5 years 1 monthAjay Mangal and Dinesh Gupta are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Idbi Trusteeship Services Limited Creation Date: 17 Jan 2020 | ₹81.00 Cr | Open |
Others Creation Date: 23 Jun 2021 | ₹19.85 Cr | Satisfied |
Others Creation Date: 10 May 2018 | ₹60.00 Cr | 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.
