Mgc Estates Private Limited

Real estate company involved in building, developing, and managing residential, commercial, and industrial properties.

2002 | New Delhi, Delhi (India) | Active
Last Updated: July 05, 2024

Mgc Estates Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 7.21 Cr
  • Company Age 22 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 18.50 Cr
  • Revenue Growth 27.31%
  • Profit Growth 72.78%
  • Ebitda 87.59%
  • Net Worth 0.85%
  • Total Assets 1.11%

About Mgc Estates

Mgc Estates Private Limited (MEPL) is a Private Limited Indian Non-Government Company incorporated in India on 20 August 2002 and has a history of 22 years and five months. Its registered office is in New Delhi, Delhi, India.

The Company is engaged in the Real Estate And Construction 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 10.00 Cr and a paid-up capital of Rs 7.21 Cr.

The company has closed loans amounting to ₹18.50 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Ved Mehta and Subhash Khattar serve as directors at the Company.

Company Details

  • Location

    New Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U45201DL2002PTC116618

  • Company No.

    116618

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Aug 2002

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Real Estate and Construction

Who are the key members and board of directors at Mgc Estates?

Board Members (2)

Name Designation Appointment Date Status
Ved Mehta Country flag representing In Director 20-Oct-2004 Current
Subhash Khattar Country flag representing In Director 01-Apr-2009 Current

Financial Performance of Mgc Estates.

Mgc Estates Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 27.31% increase. The company also saw a substantial improvement in profitability, with a 72.78% increase in profit. The company's net worth moved up by a moderate rise of 0.85%.

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
27.31%
Revenue from Operations
23.44%
Total Assets
1.11%
Profit or Loss
72.78%
Net Worth
0.85%
EBITDA
87.59%

What is the Ownership and Shareholding Structure of Mgc Estates?

In 2023, Mgc Estates had a promoter holding of 98.89% and a public holding of 1.11%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹18.50 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 18.50 Cr

Latest Charge Details

Date Lender Amount Status
09 Apr 2008 Hdfc Bank Limited ₹4.00 Cr Satisfied
18 Dec 2006 Hdfc Bank Limited ₹14.50 Cr Satisfied

How Many Employees Work at Mgc Estates?

Unlock and access historical data on people associated with Mgc Estates, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mgc Estates, 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 Mgc Estates'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 Mgc Estates

Recent activity within the organization

  • Annual General Meeting

    Mgc Estates Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Mgc Estates Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge registered on 09 Apr 2008 via Charge ID 10103029 with Hdfc Bank Limited was fully satisfied on 22 Dec 2009.

    22 Dec 2009

  • Charges

    A charge registered on 18 Dec 2006 via Charge ID 10034505 with Hdfc Bank Limited was fully satisfied on 22 Dec 2009.

    22 Dec 2009

  • Director Appointment

    Subhash Khattar was appointed as a Director was appointed as a Director on 01 Apr 2009 & has been associated with this company since 15 years 10 months .

    01 Apr 2009

  • Charges

    A charge with Hdfc Bank Limited of Rs. 4.00 Cr registered on 09 Apr 2008 with Charge ID 10103029 was modified on 09 Jun 2008.

    09 Jun 2008

Frequently asked questions

  • Mgc Estates Private Limited was incorporated on 20 Aug 2002.

  • The authorized share capital of Mgc Estates Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 7.21 Cr.

  • Currently 2 directors are associated with Mgc Estates Private Limited.

    • Ved Parkash Mehta
    • Subhash Khattar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mgc Estates Private Limited is C-94 First Floor Shivalik, New Delhi, India, 110017.

  • The corporate identification number (CIN) of Mgc Estates Private Limited is U45201DL2002PTC116618 and the company number is 116618 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mgc Estates Private Limited is https://www.ocusgroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mgc Estates Private Limited has risen by 27.31%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mgc Estates Private Limited has experienced an upsurge of 0.85%.

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

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