Mg Mobiles India Private Limited

Mobile phone retailer with 70+ stores in Delhi and NCR.

2004 | Delhi (India) | Active
Last Updated:

Mg Mobiles India Profile

Key Indicators

  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 9.00 M
  • Company Age 20 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -30.69%
  • Profit Growth 42.18%
  • Ebitda 49.24%
  • Net Worth -11.85%
  • Total Assets 13.23%

About Mg Mobiles India

Mg Mobiles India Private Limited (MMIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 October 2004 and has a history of 20 years and four months. Its registered office is in Delhi, India.

The Company is engaged in the Consumer Electronics & Durables 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 2.50 Cr and a paid-up capital of Rs 9.00 M, as per Ministry of Corporate Affairs (MCA) records.

Sunil Bhardwaj and Meghna Modi serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    mgmobiles.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U32309DL2004PTC129883

  • Company No.

    129883

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Oct 2004

  • Date of AGM

    02 Jan 2024

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Consumer Electronics & Durables

What products or services does Mg Mobiles India Private Limited offer?

Mg Mobiles India Private Limited offers a wide range of products and services, including Chocolates, Biscuits & Cookies, Chocolate, Cookies.

Who are the key members and board of directors at Mg Mobiles India?

Board Members (2)

NameDesignationAppointment DateStatus
Sunil Bhardwaj Country flag representing In Director 21-Apr-2023Current
Meghna Modi Country flag representing In Whole-Time Director 01-Mar-2007Current

Financial Performance of Mg Mobiles India.

Mg Mobiles India Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 30.69% decrease. The company also saw a substantial improvement in profitability, with a 42.18% increase in profit. The company's net worth observed a substantial decline by a decrease of 11.85%.

Mg Mobiles India revenue growth over time
Mg Mobiles India profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-30.69%
Revenue from Operations
-30.71%
Total Assets
13.23%
Profit or Loss
42.18%
Net Worth
-11.85%
EBITDA
49.24%

What is the Ownership and Shareholding Structure of Mg Mobiles India?

In 2021, Mg Mobiles India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Mg Mobiles India?

Mg Mobiles India has a workforce of 60 employees as of Mar 29, 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.

Employee growth trends for Mg Mobiles India Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mg Mobiles India, 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 Mobiles India's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Mobiles India

Recent activity within the organization

  • Annual General Meeting

    Mg Mobiles India Private Limited last Annual general meeting of members was held on 02 Jan 2024 as per latest MCA records.

  • Director Appointment

    Sunil Kumar Bhardwaj was appointed as a Director was appointed as a Director on 21 Apr 2023 & has been associated with this company since 1 year 10 months .

  • Balance Sheet

    Mg Mobiles India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

  • Director Appointment

    Meghna Modi was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 01 Mar 2007 & has been associated with this company since 18 years 3 days .

  • Company Incorporation

    Mg Mobiles India Private Limited was registered on 13 Oct 2004 with Roc Delhi & aged 20 years 4 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Mg Mobiles India Private Limited?

    Mg Mobiles India Private Limited was incorporated on 13 Oct 2004.

  • What is authorized share capital and paid-up capital of Mg Mobiles India Private Limited?

    The authorized share capital of Mg Mobiles India Private Limited is ₹ 2.50 Cr and paid-up capital is ₹ 9.00 M.

  • Who are the current board members & directors of Mg Mobiles India Private Limited?

    Currently 2 directors are associated with Mg Mobiles India Private Limited.

    • Sunil Kumar Bhardwaj
    • Meghna Modi

  • What is the registered address of Mg Mobiles India Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mg Mobiles India Private Limited is G-2 Madhuban Building, Nehru Place India, New Delhi, 110019.

  • What is the corporate identification number (CIN) and company number of Mg Mobiles India Private Limited?

    The corporate identification number (CIN) of Mg Mobiles India Private Limited is U32309DL2004PTC129883 and the company number is 129883 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Mg Mobiles India Private Limited?

    The Official website of Mg Mobiles India Private Limited is https://www.mgmobiles.com

  • What has been the recent revenue trend for Mg Mobiles India Private Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Mg Mobiles India Private Limited has fallen by -30.69%.

  • How many employees does Mg Mobiles India Private Limited currently have?

    As Per 2021 financial reports, 60 employees are currently employed by Mg Mobiles India Private Limited.

  • What change has been observed in the net worth of Mg Mobiles India Private Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Mg Mobiles India Private Limited has experienced an downturn of -11.85%.

  • When was the last Balance Sheet of Mg Mobiles India Private Limited filed with the ROC?

    The most recent Balance Sheet for Mg Mobiles India Private Limited was filed with the ROC on 31 Mar 2023.

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