Mg Rama Energy Private Limited

Solar energy manufacturer and trader, offering various products and services.

2010 | Rajkot, Gujarat (India) | Active
Last Updated: December 30, 2024

Mg Rama Energy Profile

Key Indicators

  • Authorised Capital ₹ 9.00 M
  • Paid Up Capital ₹ 8.88 M
  • Company Age 15 Year, 20 Days
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 5.92 Cr
  • Satisfied Charges ₹ 5.70 M
  • Revenue Growth 0.47%
  • Profit Growth -51.30%
  • Ebitda 85.11%
  • Net Worth 0.33%
  • Total Assets 5.77%

About Mg Rama Energy

Mg Rama Energy Private Limited (MREPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 February 2010 and has a history of 15 years. Its registered office is in Rajkot, Gujarat, India.

The Company is engaged in the Environment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2019. It's a company limited by shares with an authorized capital of Rs 9.00 M and a paid-up capital of Rs 8.88 M.

The company currently has active open charges totaling ₹5.92 Cr. The company has closed loans amounting to ₹5.70 M, as per Ministry of Corporate Affairs (MCA) records.

Rajeshbhai Kanadia and Parag Kanadia serve as directors at the Company.

Company Details

  • Location

    Rajkot, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    mgrama.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U40106GJ2010PTC059382

  • Company No.

    059382

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Feb 2010

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Environment

What products or services does Mg Rama Energy Private Limited offer?

Mg Rama Energy Private Limited offers a wide range of products and services, including Street Lights, Solar Street Lights, Water Heater & Geyser, Solar Water Heater, Industrial Solar Water Heater, Solar & Renewable Energy Products, Solar Products, FPC Solar Water Heater, Solar Lamps, Solar Lantern.

Who are the key members and board of directors at Mg Rama Energy?

Board Members (2)

NameDesignationAppointment DateStatus
Rajeshbhai Kanadia Country flag representing In Director 02-Feb-2010Current
Parag Kanadia Country flag representing In Director 02-Feb-2010Current

Financial Performance of Mg Rama Energy.

Mg Rama Energy Private Limited, for the financial year ended 2019, experienced modest growth in revenue, with a 0.47% increase. The company also saw a substantial fall in profitability, with a 51.3% decrease in profit. The company's net worth moved up by a moderate rise of 0.33%.

Graph illustrating revenue growth over time
Graph showing 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
0.47%
Revenue from Operations
0.94%
Total Assets
5.77%
Profit or Loss
-51.30%
Net Worth
0.33%
EBITDA
85.11%

What is the Ownership and Shareholding Structure of Mg Rama Energy?

In 2018, Mg Rama Energy 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)

Open Charges

₹59.20 M

Satisfied Charges

₹5.70 M

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 3.98 Cr
  • Others : 1.94 Cr

Latest Charge Details

DateLenderAmountStatus
27 Apr 2018Others₹1.94 CrOpen
07 Nov 2012Indian Overseas Bank₹3.98 CrOpen
19 Oct 2010State Bank Of Bikaner And Jaipur₹5.70 MSatisfied

How Many Employees Work at Mg Rama Energy?

Mg Rama Energy has a workforce of 5 employees as of Apr 01, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mg Rama Energy, 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 Rama Energy'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 Rama Energy

Recent activity within the organization

  • Annual General Meeting

    Mg Rama Energy Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

    30 Sep 2019

  • Balance Sheet

    Mg Rama Energy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Ahmedabad.

    31 Mar 2019

  • Charges

    A charge with Others amounted to Rs. 19.40 M with Charge ID 100200576 was registered on 27 Apr 2018.

    27 Apr 2018

  • Charges

    A charge registered on 19 Oct 2010 via Charge ID 10248127 with State Bank Of Bikaner And Jaipur was fully satisfied on 09 Nov 2012.

    09 Nov 2012

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 39.80 M with Charge ID 10390100 was registered on 07 Nov 2012.

    07 Nov 2012

  • Charges

    A charge with State Bank Of Bikaner And Jaipur amounted to Rs. 5.70 M with Charge ID 10248127 was registered on 19 Oct 2010.

    19 Oct 2010

Frequently asked questions

  • Mg Rama Energy Private Limited was incorporated on 02 Feb 2010.

  • The authorized share capital of Mg Rama Energy Private Limited is ₹ 9.00 M and paid-up capital is ₹ 8.88 M.

  • Currently 2 directors are associated with Mg Rama Energy Private Limited.

    • Rajeshbhai Maganbhai Kanadia
    • Parag Maganlal Kanadia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mg Rama Energy Private Limited is Plot No.G-1891 Gidc Metoda Kishan Gate, Metoda India, Rajkot, Gujarat, 360021.

  • The corporate identification number (CIN) of Mg Rama Energy Private Limited is U40106GJ2010PTC059382 and the company number is 059382 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mg Rama Energy Private Limited is https://www.mgrama.com

  • According to the financial reports for the fiscal year 2019, the revenue trend for Mg Rama Energy Private Limited has risen by 0.47%.

  • As Per 2019 financial reports, 5 employees are currently employed by Mg Rama Energy Private Limited.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Mg Rama Energy Private Limited has experienced an upsurge of 0.33%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Mg Rama Energy Private Limited amount to ₹ 5.92 Cr.

  • The most recent Balance Sheet for Mg Rama Energy Private Limited was filed with the ROC on 31 Mar 2019.