Mgh Logistics Private Limited

Provides comprehensive logistics solutions, including contract logistics, supply chain management, and IT solutions.

2002 | Mumbai, Maharashtra (India) | Active
Last Updated:

Mgh Logistics Profile

Key Indicators

  • Authorised Capital ₹ 6.50 M
  • Paid Up Capital ₹ 6.47 M
  • Company Age 23 Year, 19 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.57 M
  • Satisfied Charges ₹ 9.23 Cr
  • Revenue Growth -40.36%
  • Profit Growth -32.63%
  • Ebitda -36.84%
  • Net Worth 10.56%
  • Total Assets 10.98%

About Mgh Logistics

Mgh Logistics Private Limited (MLPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 April 2002 and has a history of 23 years. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Transport And Logistics 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 6.47 M.

The company currently has active open charges totaling ₹1.57 M. The company has closed loans amounting to ₹9.23 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ritam Adhikary, Himanshu Pant, and Fazley Houda serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U63090MH2002PTC135607

  • Company No.

    135607

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Apr 2002

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Transport and Logistics

What products or services does Mgh Logistics Private Limited offer?

Mgh Logistics Private Limited offers a wide range of products and services, including Agricultural & Farm Consultants, Agro Farming Services, Transport Agents & Bulk Carriers, Logistics Service, Hotel Booking & Reservation Services, Hospitality Services, Air Travel Services, Real Estate Services, Real Estate Developer, Freight Forwarding Services.

Company report

Mgh Logistics Private Limited

Explore comprehensive data for Mgh Logistics Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Mgh Logistics?

Board Members (3)

NameDesignationAppointment DateStatus
Himanshu Pant Country flag representing In Director 03-Apr-2012Current
Ritam Adhikary Country flag representing In Director 08-Aug-2022Current
Fazley Houda Country flag representing Bd Director 01-Apr-2010Current

Financial Performance of Mgh Logistics.

Mgh Logistics Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 40.36% decrease. The company also saw a substantial fall in profitability, with a 32.63% decrease in profit. The company's net worth Soared by an impressive increase of 10.56%.

Mgh Logistics revenue growth over time
Mgh Logistics 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
-40.36%
Revenue from Operations
-40.68%
Total Assets
10.98%
Profit or Loss
-32.63%
Net Worth
10.56%
EBITDA
-36.84%

What is the Ownership and Shareholding Structure of Mgh Logistics?

In 2023, Mgh Logistics had a promoter holding of 1.55% and a public holding of 98.45%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.57 M

Satisfied Charges

₹92.25 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.16 Cr

Latest Charge Details

DateLenderAmountStatus
28 Dec 2023Hdfc Bank Limited₹1.57 MOpen
27 Oct 2010Standard Chartered Bank₹6.35 CrSatisfied
09 Feb 2010Standard Chartered Bank₹3.75 MSatisfied
09 Feb 2010Standard Chartered Bank₹2.50 CrSatisfied

How Many Employees Work at Mgh Logistics?

Mgh Logistics has a workforce of 45 employees as of Mar 28, 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.

Employee growth trends for Mgh Logistics Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mgh Logistics, 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 Mgh Logistics'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 Mgh Logistics

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.57 M with Charge ID 100865833 was registered on 28 Dec 2023.

  • Annual General Meeting

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

  • Balance Sheet

    Mgh Logistics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

  • Director Appointment

    Ritam Adhikary was appointed as a Director was appointed as a Director on 08 Aug 2022 & has been associated with this company since 2 years 9 months .

  • Charges

    A charge registered on 27 Oct 2010 via Charge ID 10257173 with Standard Chartered Bank was fully satisfied on 27 Jul 2018.

  • Charges

    A charge registered on 09 Feb 2010 via Charge ID 10199562 with Standard Chartered Bank was fully satisfied on 27 Jul 2018.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Mgh Logistics Private Limited?

    Mgh Logistics Private Limited was incorporated on 22 Apr 2002.

  • What is authorized share capital and paid-up capital of Mgh Logistics Private Limited?

    The authorized share capital of Mgh Logistics Private Limited is ₹ 6.50 M and paid-up capital is ₹ 6.47 M.

  • Who are the current board members & directors of Mgh Logistics Private Limited?

    Currently 3 directors are associated with Mgh Logistics Private Limited.

    • Ritam Adhikary
    • Himanshu Subhashchandra Pant
    • Fazley Nehal Houda
  • What is the registered address of Mgh Logistics Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mgh Logistics Private Limited is B-403 4Th Floor Satellite Gazebo Mahakali Caves Road Chakala, Andheri-Ea St India, Mumbai, Maharashtra, 400069.

  • What is the corporate identification number (CIN) and company number of Mgh Logistics Private Limited?

    The corporate identification number (CIN) of Mgh Logistics Private Limited is U63090MH2002PTC135607 and the company number is 135607 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Mgh Logistics Private Limited?

    The Official website of Mgh Logistics Private Limited is https://www.mghgroup.com

  • What has been the recent revenue trend for Mgh Logistics Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Mgh Logistics Private Limited has fallen by -40.36%.

  • How many employees does Mgh Logistics Private Limited currently have?

    As Per 2023 financial reports, 45 employees are currently employed by Mgh Logistics Private Limited.

  • What change has been observed in the net worth of Mgh Logistics Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Mgh Logistics Private Limited has experienced an upsurge of 10.56%.

  • What are the total open charges for Mgh Logistics Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Mgh Logistics Private Limited amount to ₹ 1.57 M.

  • When was the last Balance Sheet of Mgh Logistics Private Limited filed with the ROC?

    The most recent Balance Sheet for Mgh Logistics Private Limited was filed with the ROC on 31 Mar 2023.

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