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Jsw Mg Motor India Private Limited

Manufacturer of passenger cars, established in 2017 with office in Gurugram, Haryana.
2017 | Gurugram, Haryana (India) | Active

Last Updated:

December 16, 2024
HomeCompanyJsw Mg Motor India Private Limited

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

Executive Team (1)

NameDesignationAppointment DateStatus
Namita BhatnagarCompany Secretary02-Aug-2017Current

Board Members(6)

NameDesignationAppointment DateStatus
Dhanpal Jhaveri In Director 08-Apr-2024Current
Sajjan Jindal In Director 28-Mar-2024Current
Zuoping Yao Cn Director 07-Feb-2017Current
Parth Jindal In Director 28-Mar-2024Current
Biju Balendran In Whole-Time Director 01-Apr-2023Current
De Yu Cn Director 21-Nov-2019Current

Financial Performance and Corporate Structure Insights of Jsw Mg Motor India.

Jsw Mg Motor India Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 78.85% increase. The company also saw a slight decrease in profitability, with a 7.79% decrease in profit. The company's net worth observed a substantial decline by a decrease of 36.91%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
78.85%
Revenue from Operations
80.30%
Total Assets
29.09%
Profit or Loss
-7.79%
Net Worth
-36.91%
EBITDA
1.50%

Related Corporates (Common Directorship)

Charges (Loans)

Charges

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

How Many Employees Work at Jsw Mg Motor India?

Jsw Mg Motor India has a workforce of 2095 employees as of Mar 31, 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.

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Latest Updates, News, and FAQs on Jsw Mg Motor India

Recent activity within the organization

  • Annual General Meeting

    Jsw Mg Motor India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Dhanpal Arvind Jhaveri was appointed as a Director was appointed as a Director on 08 Apr 2024 & has been associated with this company since 8 months 12 days .

    08 Apr 2024

  • Balance Sheet

    Jsw Mg Motor India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Director Appointment

    Sajjan Jindal was appointed as a Director was appointed as a Director on 28 Mar 2024 & has been associated with this company since 8 months 23 days .

    28 Mar 2024

  • Director Appointment

    Parth Sajjan Jindal was appointed as a Director was appointed as a Director on 28 Mar 2024 & has been associated with this company since 8 months 23 days .

    28 Mar 2024

  • Director Appointment

    Biju Balendran was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 01 Apr 2023 & has been associated with this company since 1 year 8 months .

    01 Apr 2023

Recent News, Updates & Announcement

  • news
  • news
    Sajjan Jindals JSW Groups entry in MG Motor to boost EV maker039s expansion plans.

    JSW Groups stake purchase in the Chinese EV major MG Motor India to likely help it grow its capacity to 300000 units a year by adding a new plant in Gujarat.

    24 Nov 2023 Business Today

  • news
    Thrust Zone.

    Landmark Cars Limited one of the leading premium and luxury automotive retail businesses in India has entered its 9th state in India with the opening of a new MG Motor dealership in the State of Goa This is in line with the companys strategy of increasing the footprint across India The dealership will be established by Ms Aeromark Cars Private Limited a wholly owned subsidiary company of Landmark Cars This business will include Sales and After Sales of MG Cars It will be the third MG Motor dealership of the company after Indore and Bhopal in Madhya Pradesh The dealership will be operational in the current quarter We are thrilled to announce our entry into the beautiful state of Goa with the opening of a new MG motor dealership said Mr Sanjay Thakker Promoter Executive Chairman of Landmark Cars Limited This marks a significant milestone for Group Landmark as we expand our presence to our 9th state in India We are committed to providing the bestinclass premium and luxury automotive services to discerning customers in Goa This expansion reflects our dedication to offer exceptional products and services to our valued customers across the country We look forward to establishing a strong presence in the vibrant Goa market Landmark Cars has its presence across the automotive retail value chain including sales of new vehicles aftersales service and repairs sales of preowned passenger vehicles and facilitation of the sales of thirdparty financial and insurance products.

    16 Oct 2023 Thrust Zone

  • news
  • news
    JSW Chairman Sajjan Jindal SAIC finalise terms to buy stake in MG Motor India Report.

    Sajjan JindalMG Motor India deal The agreement would be implemented in several phases at the end of which MG Motor would cease to be a Chinese company.

    05 Oct 2023 Business Today

  • news

Frequently asked questions

  • Jsw Mg Motor India Private Limited was incorporated on 07 Feb 2017.

  • The authorized share capital of Jsw Mg Motor India Private Limited is ₹ 4,000.00 Cr and paid-up capital is ₹ 3,903.16 Cr.

  • Currently 8 directors are associated with Jsw Mg Motor India Private Limited.

    • Sajjan Jindal
    • Dhanpal Arvind Jhaveri
    • Zuoping Yao
    • Parth Sajjan Jindal
    • Biju Balendran
    • De Yu
    • Namita Bhatnagar
    • Namita Bhatnagar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Jsw Mg Motor India Private Limited is 10Th Floor Milestone Experion Centre Sector-15, Part-Ii India, Gurugram, Haryana, 122001.

  • The corporate identification number (CIN) of Jsw Mg Motor India Private Limited is U34100HR2017FTC072429 and the company number is 072429 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Jsw Mg Motor India Private Limited is https://www.mgmotor.co.in

  • According to the financial reports for the fiscal year 2021, the revenue trend for Jsw Mg Motor India Private Limited has risen by 78.85%.

  • As Per 2021 financial reports, 2095 employees are currently employed by Jsw Mg Motor India Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Jsw Mg Motor India Private Limited has experienced an downturn of -36.91%.

  • The most recent Balance Sheet for Jsw Mg Motor India Private Limited was filed with the ROC on 31 Mar 2024.

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