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
M.G.B. Automotives Profile
Key Indicators
- Authorised Capital ₹ 1.75 Cr
- Paid Up Capital ₹ 1.66 Cr
- Company Age 25 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 118.38 Cr
- Satisfied Charges ₹ 19.79 Cr
- Revenue Growth 59.93%
- Profit Growth 80.56%
- Ebitda -5.13%
- Net Worth 9.85%
- Total Assets 16.90%
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 five 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
M G Brothers Private LimitedRaghunath Machani, Usha Machani and 2 more are mutual person
- Mgb Autohub Private Limited
Raghunath Machani, Machani Aditya and 1 more are mutual person
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.
Deals i
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.
- Charges
A charge with State Bank Of India amounted to Rs. 29.81 Cr with Charge ID 100984169 was registered on 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.
- Balance Sheet
M.G.B. Automotives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.
- 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.
- 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.
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.
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