What is the Incorporation or founding date of M G B Automotives Private Limited?

M G B Automotives Private Limited was incorporated on 18 Oct 1999.

What is authorized share capital and paid-up capital of M G B Automotives Private Limited?

The authorized share capital of M G B Automotives Private Limited is ₹ 17500000.0 and paid-up capital is ₹ 16565220.0.

Who are the current board members & directors of M G B Automotives Private Limited?

Currently 4 directors are associated with M G B Automotives Private Limited. Machani Aditya, Machani Somnath And 2 More.

What is the registered address of M G B Automotives Private Limited?

As per Ministry of Corporate Affairs (Mca), the registered address of M G B Automotives Private Limited is D.No 13-6 Sy No 241/2C 242 243 Nh-44 Bangalore Road Kakkalapalli Village, Rural Mandal India, Anantapur, Andhra Pradesh, 515002.

What is the corporate identification number (CIN) and company number of M G B Automotives Private Limited?

The corporate identification number (CIN) of M G B Automotives Private Limited is U34300AP1999PTC032713 and the company number is 032713 as per Ministry of Corporate Affairs (MCA).

What has been the recent revenue trend for M G B Automotives Private Limited?

According to the financial reports for the fiscal year 2022, the revenue trend for M G B Automotives Private Limited has risen by 59.93%.

How many employees does M G B Automotives Private Limited currently have?

As Per 2022 financial reports, 18 employees are currently employed by M G B Automotives Private Limited.

What change has been observed in the net worth of M G B Automotives Private Limited, and by what percentage?

The financial reports for the fiscal year 2022 indicates that The net worth of M G B Automotives Private Limited has experienced an upsurge of 9.85%.

What are the total open charges for M G B Automotives Private Limited?

As per the financial statements for fiscal Year 2022, The total open charges for M G B Automotives Private Limited amount to ₹ 1183766867.0.

When was the last Balance Sheet of M G B Automotives Private Limited filed with the ROC?

The most recent Balance Sheet for M G B Automotives Private Limited was filed with the ROC on 31 Mar 2024.

M.G.B. Automotives Private Limited

Imports and exports various products, vehicles, and equipment for home and office use.

1999 | Ananthapur, Andhra Pradesh (India) | Active

Last Updated: December 23, 2024

M.G.B. Automotives Profile

Key Indicators

Authorised Capital ₹ 1.75 Cr as on 23-12-2024
Paid Up Capital ₹ 1.66 Cr as on 23-12-2024
Company Age 25 Year, 6 Months
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 118.38 Cr as on 23-12-2024
Satisfied Charges ₹ 19.79 Cr as on 23-12-2024
Revenue Growth 59.93% (FY 2022)
Profit Growth 80.56% (FY 2022)
Ebitda -5.13% (FY 2022)
Net Worth 9.85% (FY 2022)
Total Assets 16.90% (FY 2022)

About M.G.B. Automotives

M.G.B. Automotives Private Limited (MAPL) is a Private Limited Indian Non-Government Company incorporated in India on 18 October 1999 and has a history of 25 years and six months. Its registered office is in Ananthapur, Andhra Pradesh, India.

The Company is engaged in the Automotive 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 1.75 Cr and a paid-up capital of Rs 1.66 Cr.

The company currently has active open charges totaling ₹118.38 Cr. The company has closed loans amounting to ₹19.79 Cr, as per Ministry of Corporate Affairs (MCA) records.

Raghunath Machani, Usha Machani, Machani Aditya, and One other member serve as directors at the Company.

Company Details

Location
Ananthapur, Andhra Pradesh, India
Telephone
+91-XXXXXXXXXX
Email Address
Website
Social Media

Corporate Identity Details

CIN/LLPIN
U34300AP1999PTC032713
Company No.
032713
Company Classification
Private Limited Indian Non-Government Company
Incorporation Date
18 Oct 1999
Date of AGM
30 Sep 2024
Date of Balance Sheet
31 Mar 2024
Listing Status
Unlisted
ROC Code
Roc Vijayawada

Industry

Automotive

Who are the key members and board of directors at M.G.B. Automotives?

Executive Team (1)

Name	Designation	Appointment Date	Status
Raghunath Machani	Managing Director	18-Oct-1999	Current

Board Members (3)

Name	Designation	Appointment Date	Status
Machani Somnath	Director	10-Jul-2013	Current
Usha Machani	Director	18-Oct-1999	Current
Machani Aditya	Director	10-Jul-2013	Current

Financial Performance of M.G.B. Automotives.

M.G.B. Automotives Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 59.93% increase. The company also saw a substantial improvement in profitability, with a 80.56% increase in profit. The company's net worth moved up by a moderate rise of 9.85%.

M.G.B. Automotives revenue growth over time

M.G.B. Automotives 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

59.93%

Revenue from Operations

Total Assets

16.90%

Profit or Loss

80.56%

Net Worth

9.85%

EBITDA

-5.13%

What is the Ownership and Shareholding Structure of M.G.B. Automotives?

In 2021, M.G.B. Automotives had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Charges (Loans)

Open Charges

₹118.38 Cr

Satisfied Charges

₹19.79 Cr

Charges Breakdown by Lending Institutions

State Bank Of India : 115.26 Cr
Others : 1.50 Cr
The Ing Vysya Bank Ltd. : 0.65 Cr
The Karur Vysya Bank Ltd. : 0.61 Cr
The Karur Vysya Bank Limited : 0.25 Cr
Others : 0.11 Cr

Latest Charge Details

Date	Lender	Amount	Status
07 Oct 2024	State Bank Of India	₹43.55 Cr	Open
02 Oct 2024	State Bank Of India	₹29.81 Cr	Open
11 Oct 2019	State Bank Of India	₹19.80 Cr	Open
22 Mar 2017	Others	₹1.50 Cr	Open
04 Mar 2013	State Bank Of India	₹7.50 M	Open

How Many Employees Work at M.G.B. Automotives?

M.G.B. Automotives has a workforce of 18 employees as of Apr 08, 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.

Employee growth trends for M.G.B. Automotives Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of M.G.B. Automotives, 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 M.G.B. Automotives'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 M.G.B. Automotives

Recent activity within the organization

Charges
A charge with State Bank Of India amounted to Rs. 43.55 Cr with Charge ID 100984173 was registered on 07 Oct 2024.
07 Oct 2024
Charges
A charge with State Bank Of India amounted to Rs. 29.81 Cr with Charge ID 100984169 was registered on 02 Oct 2024.
02 Oct 2024
Annual General Meeting
M.G.B. Automotives Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
30 Sep 2024
Balance Sheet
M.G.B. Automotives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.
31 Mar 2024
Charges
A charge with State Bank Of India of Rs. 19.45 Cr registered on 19 Sep 2009 with Charge ID 10185903 was modified on 24 Mar 2022.
24 Mar 2022
Charges
A charge with State Bank Of India of Rs. 19.80 Cr registered on 11 Oct 2019 with Charge ID 100305183 was modified on 10 Sep 2020.
10 Sep 2020

Frequently asked questions

What is the Incorporation or founding date of M.G.B. Automotives Private Limited?
M.G.B. Automotives Private Limited was incorporated on 18 Oct 1999.
What is authorized share capital and paid-up capital of M.G.B. Automotives Private Limited?
The authorized share capital of M.G.B. Automotives Private Limited is ₹ 1.75 Cr and paid-up capital is ₹ 1.66 Cr.
Who are the current board members & directors of M.G.B. Automotives Private Limited?
Currently 4 directors are associated with M.G.B. Automotives Private Limited.
- Raghunath Machani
- Usha Raghunath Machani
- Machani Aditya
- Machani Somnath
What is the registered address of M.G.B. Automotives Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of M.G.B. Automotives Private Limited is D.No 13-6 Sy No 241/2C 242 243 Nh-44 Bangalore Road Kakkalapalli Village, Rural Mandal India, Anantapur, Andhra Pradesh, 515002.
What is the corporate identification number (CIN) and company number of M.G.B. Automotives Private Limited?
The corporate identification number (CIN) of M.G.B. Automotives Private Limited is U34300AP1999PTC032713 and the company number is 032713 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for M.G.B. Automotives Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for M.G.B. Automotives Private Limited has risen by 59.93%.
How many employees does M.G.B. Automotives Private Limited currently have?
As Per 2022 financial reports, 18 employees are currently employed by M.G.B. Automotives Private Limited.
What change has been observed in the net worth of M.G.B. Automotives Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of M.G.B. Automotives Private Limited has experienced an upsurge of 9.85%.
What are the total open charges for M.G.B. Automotives Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for M.G.B. Automotives Private Limited amount to ₹ 118.38 Cr.
When was the last Balance Sheet of M.G.B. Automotives Private Limited filed with the ROC?
The most recent Balance Sheet for M.G.B. Automotives Private Limited was filed with the ROC on 31 Mar 2024.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

3.1M+ Companies
15M+ Legal Cases

525K+ Credit Ratings
5.8M+ Directors & KMP

750K+ Regulatory Alerts
1.1M+ Companies' Financial Records

Start Free Trial

Similar Companies Based on Auto Parts & Components

Ceat Limited Mumbai, Maharashtra, India
Cummins India Limited Pune, Maharashtra, India
Tata Cummins Private Limited Pune, Maharashtra, India
Cummins Technologies India Private Limited Pune, Maharashtra, India
Mrf Limited Chennai, Tamil Nadu, India
Bosch Limited Bangaluru, Karnataka, India
Balkrishna Industries Limited Aurangabad, Maharashtra, India
Fiat India Automobiles Private Limited Pune, Maharashtra, India