Mga Corporation Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 10.00 Cr
- Company Age 28 Year, 3 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 three 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
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
| Metrics |
|
(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 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 LimitedAnju 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)
₹4.00 Cr
₹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.
