Mg Retails Private Limited logo

Mg Retails Private Limited

Metal fabrication and metalworking services since 2019, based in Delhi.
2019 | Delhi (India) | Active

Last Updated:

October 23, 2024
HomeCompanyMg Retails Private Limited

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

Board Members(3)

NameDesignationAppointment DateStatus
Mohd Choudhary In Director 09-Sep-2019Current
Aqib Khan In Director 28-Mar-2022Current
Mumtaz Khan In Director 29-Jul-2019Current

Financial Performance of Mg Retails.

Mg Retails Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 88.77% decrease. The company also saw a substantial fall in profitability, with a 1178.8% decrease in profit. The company's net worth observed a substantial decline by a decrease of 54.73%.

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
-88.77%
Revenue from Operations
-88.77%
Total Assets
-17.92%
Profit or Loss
-1178.80%
Net Worth
-54.73%
EBITDA
-149.06%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹0.25 Cr

LenderAmountStatus

The Jammu And Kashmir Bank Limited

Creation Date: 23 Sep 2020
₹2.50 MOpen

How Many Employees Work at Mg Retails?

Unlock and access historical data on people associated with Mg Retails, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Graph

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Rating

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Latest Updates, News, and FAQs on Mg Retails

Recent activity within the organization

  • Annual General Meeting

    Mg Retails Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Director Appointment

    Aqib Javed Khan was appointed as a Director was appointed as a Director on 28 Mar 2022 & has been associated with this company since 2 years 8 months .

    28 Mar 2022

  • Charges

    A charge with The Jammu And Kashmir Bank Limited amounted to Rs. 0.25 Cr with Charge ID 100401294 was registered on 23 Sep 2020.

    23 Sep 2020

  • Director Appointment

    Mohd Waqar Choudhary was appointed as a Director was appointed as a Director on 09 Sep 2019 & has been associated with this company since 5 years 3 months .

    09 Sep 2019

  • Director Appointment

    Mumtaz Javed Khan was appointed as a Director was appointed as a Director on 29 Jul 2019 & has been associated with this company since 5 years 4 months .

    29 Jul 2019

Frequently asked questions

  • Mg Retails Private Limited was incorporated on 29 Jul 2019.

  • The authorized share capital of Mg Retails Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 5.00 M.

  • Currently 3 directors are associated with Mg Retails Private Limited.

    • Mohd Waqar Choudhary
    • Aqib Javed Khan
    • Mumtaz Javed Khan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mg Retails Private Limited is Shop No. T-34 Plot No-2 Sector 22 Manish Global Mall, Dwarka India, Delhi, 110077.

  • The corporate identification number (CIN) of Mg Retails Private Limited is U52190DL2019PTC353164 and the company number is 353164 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mg Retails Private Limited is https://www.mg-retails-private-limited.business.site

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mg Retails Private Limited has fallen by -88.77%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mg Retails Private Limited has experienced an downturn of -54.73%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Mg Retails Private Limited amount to ₹ 2.50 M.

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

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