M.G.B Motor And Auto Agencies Profile
Key Indicators
- Authorised Capital ₹ 4.00 Cr
- Paid Up Capital ₹ 3.48 Cr
- Company Age 25 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 128.90 Cr
- Satisfied Charges ₹ 100.51 Cr
- Revenue Growth 28.76%
- Profit Growth -11.96%
- Ebitda 2.96%
- Net Worth 17.95%
- Total Assets 3.45%
About M.G.B Motor And Auto Agencies
M.G.B Motor And Auto Agencies Private Limited (MMAAAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 October 1999 and has a history of 25 years and four months. Its registered office is in Kurnool, 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 2023. It's a company limited by shares with an authorized capital of Rs 4.00 Cr and a paid-up capital of Rs 3.48 Cr.
The company currently has active open charges totaling ₹128.90 Cr. The company has closed loans amounting to ₹100.51 Cr, as per Ministry of Corporate Affairs (MCA) records.
Aarti Jagadesh, Govind Machani, Jagadeesh Machani, and Two other members serve as directors at the Company.
Company Details
- Location
Kurnool, Andhra Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U34300AP1999PTC032728
- Company No.
032728
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
22 Oct 1999
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Vijayawada
Industry
Automotive
What products or services does M.G.B Motor And Auto Agencies Private Limited offer?
M.G.B Motor And Auto Agencies Private Limited offers a wide range of products and services, including Computer & Mobile Apps Development, Application Development Service, Excavator and Earth Moving Machinery, Excavator, Commercial Vehicles & Three Wheelers, Medium & Heavy Commercial Vehicles, Promotional Designing Services, Brochure Designing Service, Trucks, Cargo Truck.
Who are the key members and board of directors at M.G.B Motor And Auto Agencies?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Govind Machani  | Managing Director | 06-Nov-2002 | Current |
| Jagadeesh Machani | Managing Director | 22-Oct-1999 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Umeshwari Machani | Director | 16-Mar-2015 | Current |
| Aarti Jagadesh | Director | 11-Mar-2004 | Current |
| Surukanti Reddy | Director | 01-Oct-2020 | Current |
Financial Performance of M.G.B Motor And Auto Agencies.
M.G.B Motor And Auto Agencies Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 28.76% increase. The company also saw a substantial fall in profitability, with a 11.96% decrease in profit. The company's net worth Soared by an impressive increase of 17.95%.
- 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 Motor And Auto Agencies?
In 2023, M.G.B Motor And Auto Agencies had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Aarya Greens Grow LlpAarti Jagadesh and Umeshwari Machani are mutual person
- Mgb Motor Cars Private Limited
Aarti Jagadesh, Govind Machani and 2 more are mutual person
- M.G.B Commercials Private Limited
Aarti Jagadesh, Govind Machani and 2 more are mutual person
- Rukmani Govindarajulu Foundation
Umeshwari Machani is a mutual person
Charges (Loans)
Open Charges
₹128.90 Cr
Satisfied Charges
₹100.51 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 64.62 Cr
- Others : 64.06 Cr
- Ge Capital Transportation Financial Services Limited : 0.22 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Aug 2024 | Hdfc Bank Limited | ₹64.62 Cr | Open |
| 30 Jun 2021 | Others | ₹4.75 M | Open |
| 07 Jun 2021 | Others | ₹17.00 Cr | Open |
| 30 Nov 2020 | Others | ₹2.53 M | Open |
| 24 Sep 2020 | Others | ₹3.07 M | Open |
How Many Employees Work at M.G.B Motor And Auto Agencies?
M.G.B Motor And Auto Agencies has a workforce of 321 employees as of Apr 05, 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 Motor And Auto Agencies, 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 Motor And Auto Agencies'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 Motor And Auto Agencies
Recent activity within the organization
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 64.62 Cr with Charge ID 100994561 was registered on 01 Aug 2024.
- Charges
A charge with Others of Rs. 45.62 Cr registered on 18 Feb 2015 with Charge ID 10550816 was modified on 26 Feb 2024.
- Annual General Meeting
M.G.B Motor And Auto Agencies Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
M.G.B Motor And Auto Agencies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.
- Charges
A charge with Others of Rs. 17.00 Cr registered on 07 Jun 2021 with Charge ID 100452874 was modified on 24 Jun 2022.
- Charges
A charge with Others amounted to Rs. 0.47 Cr with Charge ID 100456596 was registered on 30 Jun 2021.
Frequently asked questions
What is the Incorporation or founding date of M.G.B Motor And Auto Agencies Private Limited?
M.G.B Motor And Auto Agencies Private Limited was incorporated on 22 Oct 1999.
What is authorized share capital and paid-up capital of M.G.B Motor And Auto Agencies Private Limited?
The authorized share capital of M.G.B Motor And Auto Agencies Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.48 Cr.
Who are the current board members & directors of M.G.B Motor And Auto Agencies Private Limited?
Currently 5 directors are associated with M.G.B Motor And Auto Agencies Private Limited.
- Aarti Jagadesh
- Govind Machani
- Jagadeesh Machani
- Umeshwari Machani
- Surukanti Srinivas Reddy
What is the registered address of M.G.B Motor And Auto Agencies Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of M.G.B Motor And Auto Agencies Private Limited is 7/109 M G Chowrastha, Near Sap Camp Kurnool India, Andhra Pradesh, 518003.
What is the corporate identification number (CIN) and company number of M.G.B Motor And Auto Agencies Private Limited?
The corporate identification number (CIN) of M.G.B Motor And Auto Agencies Private Limited is U34300AP1999PTC032728 and the company number is 032728 as per Ministry of Corporate Affairs (MCA).
What is the official website of M.G.B Motor And Auto Agencies Private Limited?
The Official website of M.G.B Motor And Auto Agencies Private Limited is https://www.mgbmotor.com
What has been the recent revenue trend for M.G.B Motor And Auto Agencies Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for M.G.B Motor And Auto Agencies Private Limited has risen by 28.76%.
How many employees does M.G.B Motor And Auto Agencies Private Limited currently have?
As Per 2023 financial reports, 321 employees are currently employed by M.G.B Motor And Auto Agencies Private Limited.
What change has been observed in the net worth of M.G.B Motor And Auto Agencies Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of M.G.B Motor And Auto Agencies Private Limited has experienced an upsurge of 17.95%.
What are the total open charges for M.G.B Motor And Auto Agencies Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for M.G.B Motor And Auto Agencies Private Limited amount to ₹ 128.90 Cr.
When was the last Balance Sheet of M.G.B Motor And Auto Agencies Private Limited filed with the ROC?
The most recent Balance Sheet for M.G.B Motor And Auto Agencies Private Limited was filed with the ROC on 31 Mar 2023.
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