About
Basic Data Updated:
5 days ago"Welcome to MG Metallic Springs Pvt Ltd, a leading manufacturer of high-quality springs. With a wide range of products including compression, tension, torsion, spiral springs, and wire forms, our company caters to the diverse needs of various industries. Our esteemed clientele includes renowned names such as Ashok Leyland, Lucas TVS Padi, FAL Industries, Amalgamations Repco Ltd (Chennai), and Automobile Products of India, among others. Since our inception in 1973, we have been committed to providing top-notch products and services to our clients. Headquartered in Anantapur, Andhra Pradesh, our company has established a strong presence in the market and continues to grow and innovate in the field of spring manufacturing."
Industry
Company Details
- LocationAndhra Pradesh, Andhra Pradesh
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
| CIN/LLPIN/FCRN | 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 |
Products or Services related to Mg Metallic Springs Pvt Ltd
Torsion Springs
Tension Springs
Double Torsion Springs
Spring Steel Wire
Financials of Mg Metallic Springs Pvt Ltd
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%.
Corporate Structure
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People in Mg Metallic Springs Pvt Ltd
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Executive Team (1)
Satish Machani
Managing DirectorAppointment Date: 20-Oct-1998
Status: Current
Board Members(4)
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 |
Deals i
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Rating
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Alert
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Related Corporates (Common Directorship)
Stumpp Schuele & Somappa Springs Private Limited
Active
27 years 9 months Ramanna Gangadhar, Satish Machani and 3 more are mutual person
M.G.Brothers Industries Private Limited
Active 23 years 10 months Ramanna Gangadhar and Machani Ganganna are mutual person
Machani Ramesh City Lights Private Limited
Active 7 years 10 months Satish Machani and Ravi Machani are mutual person
Recent activity within the organization
Charges
A charge with Canara Bank amounted to Rs. 0.90 cr with Charge ID 100821506 was registered on 31 Oct 2023.
31 Oct 2023Charges
A charge with Canara Bank amounted to Rs. 27.00 cr with Charge ID 100784519 was registered on 20 Sep 2023.
20 Sep 2023Charges
A charge with Tata Capital Financial Services Limited amounted to Rs. 18.00 cr with Charge ID 100780129 was registered on 26 Jul 2023.
26 Jul 2023Annual General Meeting
Mg Metallic Springs Pvt Ltd last Annual general meeting of members was held on 29 Sep 2022 as per latest MCA records.
29 Sep 2022Balance Sheet
Mg Metallic Springs Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Vijayawada.
31 Mar 2022
Frequently asked questions
What is the Incorporation or founding date of Mg Metallic Springs Pvt Ltd?
