Mgb Hospitality Private Limited

Hotel industry business with registered office in Alwar, Rajasthan since 1983.

1983 | Alwar, Rajasthan (India) | Active
Last Updated: November 16, 2024

Mgb Hospitality Profile

Key Indicators

  • Authorised Capital ₹ 6.50 M
  • Paid Up Capital ₹ 4.50 M
  • Company Age 42 Year, 28 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 9.00 M
  • Satisfied Charges ₹ 6.31 Cr
  • Revenue Growth 43.94%
  • Profit Growth -33.46%
  • Ebitda -48.35%
  • Net Worth 19.42%
  • Total Assets -15.47%

About Mgb Hospitality

Mgb Hospitality Private Limited (MHPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 January 1983 and has a history of 42 years. Its registered office is in Alwar, Rajasthan, India.

The Corporate was formerly known as Gulshan Properties Pvt Ltd. The Company is engaged in the Travel And Hospitality 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 6.50 M and a paid-up capital of Rs 4.50 M.

The company currently has active open charges totaling ₹9.00 M. The company has closed loans amounting to ₹6.31 Cr, as per Ministry of Corporate Affairs (MCA) records.

Manish Bhatia and Vandana Bhatia serve as directors at the Company.

Company Details

  • Location

    Alwar, Rajasthan, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U70101RJ1983PTC002626

  • Company No.

    002626

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Jan 1983

  • Date of AGM

    27 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jaipur

Industry

Travel and Hospitality

Who are the key members and board of directors at Mgb Hospitality?

Board Members (2)

Name Designation Appointment Date Status
Manish Bhatia Country flag representing In Director 27-Sep-1997 Current
Vandana Bhatia Country flag representing In Director 30-Sep-2003 Current

Financial Performance of Mgb Hospitality.

Mgb Hospitality Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 43.94% increase. The company also saw a substantial fall in profitability, with a 33.46% decrease in profit. The company's net worth Soared by an impressive increase of 19.42%.

Graph illustrating revenue growth over time
Graph showing 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
43.94%
Revenue from Operations
35.61%
Total Assets
-15.47%
Profit or Loss
-33.46%
Net Worth
19.42%
EBITDA
-48.35%

What is the Ownership and Shareholding Structure of Mgb Hospitality?

In 2023, Mgb Hospitality had a promoter holding of 75.73% and a public holding of 24.27%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹9.00 M

Satisfied Charges

₹63.10 M

Charges Breakdown by Lending Institutions

  • Others : 0.70 Cr
  • Hdfc Bank Limited : 0.20 Cr

Latest Charge Details

Date Lender Amount Status
17 Jun 2024 Others ₹7.00 M Open
14 Mar 2018 Hdfc Bank Limited ₹2.00 M Open
25 Jun 2018 Others ₹2.45 M Satisfied
13 Jul 2013 Punjab National Bank ₹2.00 Cr Satisfied
25 Jul 2012 Punjab National Bank ₹1.25 Cr Satisfied

How Many Employees Work at Mgb Hospitality?

Mgb Hospitality has a workforce of 66 employees as of Apr 10, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mgb Hospitality, 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 Mgb Hospitality'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 Mgb Hospitality

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 7.00 M with Charge ID 100953973 was registered on 17 Jun 2024.

    17 Jun 2024

  • Annual General Meeting

    Mgb Hospitality Private Limited last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.

    27 Sep 2023

  • Balance Sheet

    Mgb Hospitality Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Jaipur.

    31 Mar 2023

  • Charges

    A charge registered on 25 Jun 2018 via Charge ID 100186854 with Others was fully satisfied on 19 Nov 2021.

    19 Nov 2021

  • Charges

    A charge with Others amounted to Rs. 2.45 M with Charge ID 100186854 was registered on 25 Jun 2018.

    25 Jun 2018

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.00 M with Charge ID 100161823 was registered on 14 Mar 2018.

    14 Mar 2018

Frequently asked questions

  • Mgb Hospitality Private Limited was incorporated on 11 Jan 1983.

  • The authorized share capital of Mgb Hospitality Private Limited is ₹ 6.50 M and paid-up capital is ₹ 4.50 M.

  • Currently 2 directors are associated with Mgb Hospitality Private Limited.

    • Manish Bhatia
    • Vandana Bhatia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mgb Hospitality Private Limited is Mgb Tower Manu Marg India, Alwar, Rajasthan, 301001.

  • The corporate identification number (CIN) of Mgb Hospitality Private Limited is U70101RJ1983PTC002626 and the company number is 002626 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mgb Hospitality Private Limited has risen by 43.94%.

  • As Per 2023 financial reports, 66 employees are currently employed by Mgb Hospitality Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mgb Hospitality Private Limited has experienced an upsurge of 19.42%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Mgb Hospitality Private Limited amount to ₹ 9.00 M.

  • The most recent Balance Sheet for Mgb Hospitality Private Limited was filed with the ROC on 31 Mar 2023.

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