Mg Logistics Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
as on 24-10-2024
- Paid Up Capital ₹ 1.00 M
as on 24-10-2024
- Company Age 14 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2.38 M
as on 24-10-2024
- Revenue -20.76%
(FY 2023)
- Profit -16.26%
(FY 2023)
- Ebitda -16.77%
(FY 2023)
- Net Worth 33.03%
(FY 2023)
- Total Assets -10.53%
(FY 2023)
About Mg Logistics
The Company is engaged in the Transport And Logistics 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 1.00 M and a paid-up capital of Rs 1.00 M.
The company currently has active open charges totaling ₹2.38 M.
Balachandran Sangeetha and Parameswaran Prabinkumar serve as directors at the Company.
- CIN/LLPIN
U63090TN2010PTC075350
- Company No.
075350
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
15 Apr 2010
- Date of AGM
25 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Mg Logistics Private Limited offer?
Mg Logistics Private Limited offers a wide range of products and services, including Transport Agents & Bulk Carriers, Goods Transport Services, Forwarding & Custom Clearing, Freight Forwarding Services, Warehouses and Warehousing Agents, Warehousing Services, Clearing & Forwarding Services.
Who are the key members and board of directors at Mg Logistics?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Balachandran Sangeetha  | Director | 15-Apr-2010 | Current |
| Parameswaran Prabinkumar | Director | 15-Apr-2010 | Current |
Financial Performance of Mg Logistics.
Mg Logistics Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 20.76% decrease. The company also saw a substantial fall in profitability, with a 16.26% decrease in profit. The company's net worth Soared by an impressive increase of 33.03%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Mg Logistics?
In 2023, Mg Logistics 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)
Natureborne Bio Products Private LimitedActive 7 years 9 monthsParameswaran Prabinkumar is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 26 Jun 2023 | ₹2.38 M | Open |
How Many Employees Work at Mg Logistics?
Mg Logistics has a workforce of 32 employees as of Apr 07, 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 Logistics, 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 Logistics'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.
