Mg Processors Profile
Key Indicators
- Authorised Capital ₹ 7.50 M
as on 28-12-2024
- Paid Up Capital ₹ 5.81 M
as on 28-12-2024
- Company Age 18 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 10.04 Cr
as on 28-12-2024
- Satisfied Charges ₹ 5.55 Cr
as on 28-12-2024
- Revenue 57.13%
(FY 2022)
- Profit 69.38%
(FY 2022)
- Ebitda 52.51%
(FY 2022)
- Net Worth 42.22%
(FY 2022)
- Total Assets 20.10%
(FY 2022)
About Mg Processors
The Company is engaged in the Manufacturing 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 7.50 M and a paid-up capital of Rs 5.81 M.
The company currently has active open charges totaling ₹10.04 Cr. The company has closed loans amounting to ₹5.55 Cr, as per Ministry of Corporate Affairs (MCA) records.
Subhash Patodia, Sanjay Gupta, and Murlidhar Sharma serve as directors at the Company.
- CIN/LLPIN
U17122GJ2006PTC049365
- Company No.
049365
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
14 Nov 2006
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Surat, Gujarat, India
- Telephone
- Email Address
- Website
-
- Social Media-
Who are the key members and board of directors at Mg Processors?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Subhash Patodia  | Managing Director | 14-Nov-2006 | Current |
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sanjay Gupta | Director | 07-Feb-2023 | Current |
| Murlidhar Sharma | Director | 28-Oct-2020 | Current |
Financial Performance of Mg Processors.
Mg Processors Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 57.13% increase. The company also saw a substantial improvement in profitability, with a 69.38% increase in profit. The company's net worth Soared by an impressive increase of 42.22%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Mg Processors?
In 2022, Mg Processors 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)
- Tantithaiya Infrastructure Development.Private LimitedActive 13 years 9 months
Subhash Patodia is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Sidbi Creation Date: 06 Mar 2024 | ₹4.57 Cr | Open |
Others Creation Date: 18 Feb 2020 | ₹5.47 Cr | Open |
Others Creation Date: 26 Sep 2017 | ₹6.74 M | Satisfied |
How Many Employees Work at Mg Processors?
Mg Processors has a workforce of 85 employees as of Apr 02, 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 Processors, 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 Processors'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.
