Mga Corporation Private Limited
Trading and distributing various types of wood and similar materials since 1996 in Gujarat.
1996 | Kachchh, Gujarat (India) | Active
Mga Corporation Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 10.00 Cr
- Company Age 28 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 4.00 Cr
- Satisfied Charges ₹ 42.46 Cr
- Revenue Growth -67.34%
- Profit Growth -148.85%
- Ebitda 59.73%
- Net Worth -1.74%
- Total Assets -0.73%
About Mga Corporation
Mga Corporation Private Limited (MCPL) is a Private Limited Indian Non-Government Company incorporated in India on 08 November 1996 and has a history of 28 years and six months. Its registered office is in Kachchh, Gujarat, India.
The Corporate was formerly known as Shipra Ocean Trade Private Limited. The Company is engaged in the Transport And Logistics 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 10.00 Cr and a paid-up capital of Rs 10.00 Cr.
The company currently has active open charges totaling ₹4.00 Cr. The company has closed loans amounting to ₹42.46 Cr, as per Ministry of Corporate Affairs (MCA) records.
Anju Gupta and Mukesh Gupta serve as directors at the Company.
Company Details
- Location
Kachchh, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U51901GJ1996PTC031109
- Company No.
031109
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
08 Nov 1996
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Transport and Logistics
Mga Corporation Private Limited
Explore comprehensive data for Mga Corporation Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Mga Corporation?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Anju Gupta  | Whole-Time Director | 08-Nov-1996 | Current |
| Mukesh Gupta | Whole-Time Director | 08-Nov-1996 | Current |
Financial Performance of Mga Corporation.
Mga Corporation Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 67.34% decrease. The company also saw a substantial fall in profitability, with a 148.85% decrease in profit. The company's net worth dipped by a decrease of 1.74%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Mga Corporation?
In 2023, Mga Corporation had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Shipra Veneers Private Limited
Anju Gupta and Mukesh Gupta are mutual person
- Shipra Wood Products Private Limited
Anju Gupta and Mukesh Gupta are mutual person
- Gupta Global Exim Private Limited
Anju Gupta and Mukesh Gupta are mutual person
- Mga Constructions Private Limited
Anju Gupta and Mukesh Gupta are mutual person
Charges (Loans)
Open Charges
₹4.00 Cr
Satisfied Charges
₹42.46 Cr
Charges Breakdown by Lending Institutions
- Indusind Bank Ltd. : 4.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 May 2004 | Indusind Bank Ltd. | ₹4.00 Cr | Open |
| 29 Sep 2015 | Tata Motors Finance Limited | ₹2.53 Cr | Satisfied |
| 08 Sep 2015 | Srei Equipment Finance Limited | ₹2.64 Cr | Satisfied |
| 27 Feb 2015 | Reliance Capital Ltd | ₹1.20 Cr | Satisfied |
| 30 Dec 2014 | Hdfc Bank Limited | ₹7.00 Cr | Satisfied |
How Many Employees Work at Mga Corporation?
Unlock and access historical data on people associated with Mga Corporation, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Mga Corporation, 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 Mga Corporation'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.
Latest Updates, News, and FAQs on Mga Corporation
Recent activity within the organization
- Annual General Meeting
Mga Corporation Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Mga Corporation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
- Charges
A charge registered on 08 Sep 2015 via Charge ID 10614849 with Srei Equipment Finance Limited was fully satisfied on 20 Jun 2017.
- Charges
A charge registered on 21 Aug 2013 via Charge ID 10448719 with Hdfc Bank Limited was fully satisfied on 26 May 2017.
- Charges
A charge registered on 04 Jul 2012 via Charge ID 10367742 with Hdfc Bank Limited was fully satisfied on 05 May 2017.
- Charges
A charge registered on 20 Sep 2012 via Charge ID 10383307 with L & T Finance Limited was fully satisfied on 21 Apr 2017.
Frequently asked questions
What is the Incorporation or founding date of Mga Corporation Private Limited?
Mga Corporation Private Limited was incorporated on 08 Nov 1996.
What is authorized share capital and paid-up capital of Mga Corporation Private Limited?
The authorized share capital of Mga Corporation Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 10.00 Cr.
Who are the current board members & directors of Mga Corporation Private Limited?
Currently 2 directors are associated with Mga Corporation Private Limited.
- Anju Mukesh Gupta
- Mukesh Jahmanlal Gupta
What is the registered address of Mga Corporation Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Mga Corporation Private Limited is Plot No 244/1 Nr National Highway-8A Gandhidham India, Kutch, Gujarat, 370201.
What is the corporate identification number (CIN) and company number of Mga Corporation Private Limited?
The corporate identification number (CIN) of Mga Corporation Private Limited is U51901GJ1996PTC031109 and the company number is 031109 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Mga Corporation Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Mga Corporation Private Limited has fallen by -67.34%.
What change has been observed in the net worth of Mga Corporation Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Mga Corporation Private Limited has experienced an downturn of -1.74%.
What are the total open charges for Mga Corporation Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Mga Corporation Private Limited amount to ₹ 4.00 Cr.
When was the last Balance Sheet of Mga Corporation Private Limited filed with the ROC?
The most recent Balance Sheet for Mga Corporation Private Limited was filed with the ROC on 31 Mar 2023.
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