Mga Garments Private Limited

Manufactures, imports, trades, and processes yarn, fabric, and clothing.

2008 | Delhi (India) | Active
Last Updated:

Mga Garments Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 16 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 13.19 Cr
  • Satisfied Charges ₹ 19.51 Cr
  • Revenue Growth 57.87%
  • Profit Growth 426.10%
  • Ebitda 606.82%
  • Net Worth 23.10%
  • Total Assets 2.28%

About Mga Garments

Mga Garments Private Limited (MGPL) is a Private Limited Indian Non-Government Company incorporated in India on 16 July 2008 and has a history of 16 years and seven months. Its registered office is in Delhi, India.

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 0.50 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹13.19 Cr. The company has closed loans amounting to ₹19.51 Cr, as per Ministry of Corporate Affairs (MCA) records.

Krishan Sharan and Anil Sharan serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51494DL2008PTC180952

  • Company No.

    180952

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Jul 2008

  • Date of AGM

    12 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Manufacturing
Business Services
Company report

Mga Garments Private Limited

Explore comprehensive data for Mga Garments Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Mga Garments?

Board Members (2)

NameDesignationAppointment DateStatus
Krishan Sharan Country flag representing In Director 05-Jul-2010Current
Anil Sharan Country flag representing In Director 05-Jul-2010Current

Financial Performance of Mga Garments.

Mga Garments Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 57.87% increase. The company also saw a substantial improvement in profitability, with a 426.1% increase in profit. The company's net worth Soared by an impressive increase of 23.1%.

Mga Garments revenue growth over time
Mga Garments 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
57.87%
Revenue from Operations
57.78%
Total Assets
2.28%
Profit or Loss
426.10%
Net Worth
23.10%
EBITDA
606.82%

What is the Ownership and Shareholding Structure of Mga Garments?

In 2020, Mga Garments had a promoter holding of 99.00% and a public holding of 1.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹131.90 M

Satisfied Charges

₹195.10 M

Charges Breakdown by Lending Institutions

  • Others : 13.19 Cr

Latest Charge Details

DateLenderAmountStatus
18 Oct 2022Others₹13.19 CrOpen
05 Dec 2014Bank Of India₹8.81 CrSatisfied
31 Oct 2011Bank Of Baroda₹10.70 CrSatisfied

How Many Employees Work at Mga Garments?

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

Employee growth trends for Mga Garments Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mga Garments, 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 Garments'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 Mga Garments

Recent activity within the organization

  • Annual General Meeting

    Mga Garments Private Limited last Annual general meeting of members was held on 12 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Mga Garments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

  • Charges

    A charge with Others of Rs. 131.90 M registered on 18 Oct 2022 with Charge ID 100627062 was modified on 26 Mar 2024.

  • Charges

    A charge with Others amounted to Rs. 131.90 M with Charge ID 100627062 was registered on 18 Oct 2022.

  • Charges

    A charge registered on 05 Dec 2014 via Charge ID 10539659 with Bank Of India was fully satisfied on 11 Jan 2018.

  • Charges

    A charge with Bank Of India of Rs. 88.10 M registered on 05 Dec 2014 with Charge ID 10539659 was modified on 05 Jun 2015.

Frequently asked questions

  • What is the Incorporation or founding date of Mga Garments Private Limited?

    Mga Garments Private Limited was incorporated on 16 Jul 2008.

  • What is authorized share capital and paid-up capital of Mga Garments Private Limited?

    The authorized share capital of Mga Garments Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Mga Garments Private Limited?

    Currently 2 directors are associated with Mga Garments Private Limited.

    • Krishan Mohan Sharan
    • Anil Mohan Sharan

  • What is the registered address of Mga Garments Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mga Garments Private Limited is C-2/388 Janakpuri India, New Delhi, 110058.

  • What is the corporate identification number (CIN) and company number of Mga Garments Private Limited?

    The corporate identification number (CIN) of Mga Garments Private Limited is U51494DL2008PTC180952 and the company number is 180952 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Mga Garments Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Mga Garments Private Limited has risen by 57.87%.

  • What change has been observed in the net worth of Mga Garments Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Mga Garments Private Limited has experienced an upsurge of 23.10%.

  • What are the total open charges for Mga Garments Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Mga Garments Private Limited amount to ₹ 13.19 Cr.

  • When was the last Balance Sheet of Mga Garments Private Limited filed with the ROC?

    The most recent Balance Sheet for Mga Garments Private Limited was filed with the ROC on 31 Mar 2024.

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