Mg Metallic Springs Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
as on 17-07-2024
- Paid Up Capital ₹ 4.32 M
as on 17-07-2024
- Company Age 51 Year, 19 Days
- Last Filing with ROC 31 Mar 2022
- Open Charges ₹ 67.51 Cr
as on 17-07-2024
- Satisfied Charges ₹ 2.42 Cr
as on 17-07-2024
- Revenue 11.39%
(FY 2021)
- Profit 62.60%
(FY 2021)
- Ebitda 12328.23%
(FY 2021)
- Net Worth 2.86%
(FY 2021)
- Total Assets 4.28%
(FY 2021)
About Mg Metallic Springs
The Company is engaged in the Machinery And Equipment Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 4.32 M.
The company currently has active open charges totaling ₹67.51 Cr. The company has closed loans amounting to ₹2.42 Cr, as per Ministry of Corporate Affairs (MCA) records.
Deepa Kumar, Machani Ganganna, Ravi Machani, and Two other members serve as directors at the Company.
- CIN/LLPIN
U28991AP1973PTC001666
- Company No.
001666
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
01 Dec 1973
- Date of AGM
29 Sep 2022
- Date of Balance Sheet
31 Mar 2022
- Listing Status
Unlisted
- ROC Code
Roc Vijayawada
Industry
Company Details
- Location
Andhra Pradesh, Andhra Pradesh, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Mg Metallic Springs Pvt Ltd offer?
Mg Metallic Springs Pvt Ltd offers a wide range of products and services, including Air Springs & Compression Springs, Torsion Springs, Extension Springs, Tension Springs, Compression Springs, Double Torsion Springs, Steel Wire, Spring Steel Wire.
Who are the key members and board of directors at Mg Metallic Springs?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Satish Machani  | Managing Director | 20-Oct-1998 | Current |
Board Members(4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ramanna Gangadhar | Director | 28-Sep-1987 | Current |
| Deepa Kumar | Director | 24-Mar-2011 | Current |
| Machani Ganganna | Director | 23-Sep-1988 | Current |
Ravi Machani  | Director | 14-Jul-2004 | Current |
Financial Performance and Corporate Structure Insights of Mg Metallic Springs.
Mg Metallic Springs Pvt Ltd, for the financial year ended 2021, experienced significant growth in revenue, with a 11.39% increase. The company also saw a substantial improvement in profitability, with a 62.6% increase in profit. The company's net worth moved up by a moderate rise of 2.86%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Mg Metallic Springs?
In 2022, Mg Metallic Springs 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)
Stumpp Schuele & Somappa Springs Private LimitedActive 28 years 4 monthsMachani Ganganna, Ravi Machani and 2 more are mutual person
M.G.Brothers Industries Private LimitedActive 24 years 5 monthsMachani Ganganna and Ramanna Gangadhar are mutual person
Machani Ramesh City Lights Private LimitedActive 8 years 6 monthsRavi Machani and Satish Machani are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Canara Bank Creation Date: 31 Oct 2023 | ₹9.00 M | Open |
Canara Bank Creation Date: 20 Sep 2023 | ₹27.00 Cr | Open |
Tata Capital Financial Services Limited Creation Date: 26 Jul 2023 | ₹18.00 Cr | Open |
How Many Employees Work at Mg Metallic Springs?
Unlock and access historical data on people associated with Mg Metallic Springs, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Mg Metallic Springs, 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 Metallic Springs'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
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