M.G.Brothers Automobiles Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 2.19 Cr
- Company Age 30 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 119.92 Cr
- Satisfied Charges ₹ 199.54 Cr
- Revenue Growth 36.01%
- Profit Growth 417.85%
- Ebitda 2.45%
- Net Worth 57.35%
- Total Assets 8.17%
About M.G.Brothers Automobiles
M.G.Brothers Automobiles Private Limited (MAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 June 1994 and has a history of 30 years and eight months. Its registered office is in Kurnool, Andhra Pradesh, India.
The Company is engaged in the Financial Services 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 3.00 Cr and a paid-up capital of Rs 2.19 Cr.
The company currently has active open charges totaling ₹119.92 Cr. The company has closed loans amounting to ₹199.54 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ramanna Gangadhar, Machani Gopalakrishna, Machani Ganganna, and One other member 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
U34102AP1994PTC017819
- Company No.
017819
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
30 Jun 1994
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Vijayawada
Industry
Financial Services
Automotive
Chemicals and Materials
Who are the key members and board of directors at M.G.Brothers Automobiles?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Machani Gopalakrishna  | Managing Director | 20-Dec-2006 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ramanna Gangadhar | Whole-Time Director | 30-Jun-1994 | Current |
| Machani Ganganna | Director | 30-Jun-1994 | Current |
| Raghavendra Machani | Director | 20-Dec-2006 | Current |
Financial Performance of M.G.Brothers Automobiles.
M.G.Brothers Automobiles Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 36.01% increase. The company also saw a substantial improvement in profitability, with a 417.85% increase in profit. The company's net worth Soared by an impressive increase of 57.35%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of M.G.Brothers Automobiles?
In 2023, M.G.Brothers Automobiles 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)
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Mg Metallic Springs Pvt LtdRamanna Gangadhar and Machani Ganganna are mutual person
M. G. M Springs Private LimitedRamanna Gangadhar and Machani Ganganna are mutual person
- M G Brothers Oil Mills Pvt Ltd
Ramanna Gangadhar and Machani Ganganna are mutual person
- Stumpp Schuele & Somappa Private Limited
Ramanna Gangadhar and Machani Ganganna are mutual person
Charges (Loans)
Open Charges
₹119.92 Cr
Satisfied Charges
₹199.54 Cr
Charges Breakdown by Lending Institutions
- Others : 47.40 Cr
- Tata Capital Financial Services Limited : 36.59 Cr
- Axis Bank Limited : 30.77 Cr
- Sundaram Home Finance Limited : 1.00 Cr
- Idbi Bank Ltd. : 1.00 Cr
- Others : 3.16 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Sep 2023 | Hdfc Bank Limited | ₹1.50 M | Open |
| 02 Feb 2023 | Axis Bank Limited | ₹30.77 Cr | Open |
| 01 Dec 2021 | Hdfc Bank Limited | ₹1.00 M | Open |
| 25 Nov 2021 | Tata Capital Financial Services Limited | ₹30.75 Cr | Open |
| 25 Nov 2021 | Tata Capital Financial Services Limited | ₹4.50 Cr | Open |
How Many Employees Work at M.G.Brothers Automobiles?
M.G.Brothers Automobiles has a workforce of 115 employees as of Apr 01, 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.Brothers Automobiles, 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.Brothers Automobiles'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.Brothers Automobiles
Recent activity within the organization
- Charges
A charge with Others of Rs. 24.50 Cr registered on 24 Mar 2012 with Charge ID 10348518 was modified on 13 Sep 2024.
- Annual General Meeting
M.G.Brothers Automobiles Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.15 Cr with Charge ID 100814763 was registered on 16 Sep 2023.
- Charges
A charge registered on 29 Nov 2016 via Charge ID 100066826 with Others was fully satisfied on 13 Apr 2023.
- Balance Sheet
M.G.Brothers Automobiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.
- Charges
A charge registered on 29 May 2017 via Charge ID 100103541 with Others was fully satisfied on 29 Mar 2023.
Frequently asked questions
What is the Incorporation or founding date of M.G.Brothers Automobiles Private Limited?
M.G.Brothers Automobiles Private Limited was incorporated on 30 Jun 1994.
What is authorized share capital and paid-up capital of M.G.Brothers Automobiles Private Limited?
The authorized share capital of M.G.Brothers Automobiles Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.19 Cr.
Who are the current board members & directors of M.G.Brothers Automobiles Private Limited?
Currently 4 directors are associated with M.G.Brothers Automobiles Private Limited.
- Ramanna Machani Gangadhar
- Machani Gangadhar Gopalakrishna
- Machani Ramanna Ganganna
- Raghavendra Gangadhar Machani
What is the registered address of M.G.Brothers Automobiles Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of M.G.Brothers Automobiles Private Limited is D No 1/683 Co Op House Building Colony Yemmiganur, India, Andhra Pradesh, 518360.
What is the corporate identification number (CIN) and company number of M.G.Brothers Automobiles Private Limited?
The corporate identification number (CIN) of M.G.Brothers Automobiles Private Limited is U34102AP1994PTC017819 and the company number is 017819 as per Ministry of Corporate Affairs (MCA).
What is the official website of M.G.Brothers Automobiles Private Limited?
The Official website of M.G.Brothers Automobiles Private Limited is https://www.mgbrothers.com
What has been the recent revenue trend for M.G.Brothers Automobiles Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for M.G.Brothers Automobiles Private Limited has risen by 36.01%.
How many employees does M.G.Brothers Automobiles Private Limited currently have?
As Per 2023 financial reports, 115 employees are currently employed by M.G.Brothers Automobiles Private Limited.
What change has been observed in the net worth of M.G.Brothers Automobiles Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of M.G.Brothers Automobiles Private Limited has experienced an upsurge of 57.35%.
What are the total open charges for M.G.Brothers Automobiles Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for M.G.Brothers Automobiles Private Limited amount to ₹ 119.92 Cr.
When was the last Balance Sheet of M.G.Brothers Automobiles Private Limited filed with the ROC?
The most recent Balance Sheet for M.G.Brothers Automobiles Private Limited was filed with the ROC on 31 Mar 2023.
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