Mgi Distribution Profile
Key Indicators
- Authorised Capital ₹ 7.15 Cr
- Paid Up Capital ₹ 6.67 Cr
- Company Age 3 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Revenue Growth 1396.08%
- Profit Growth 3467.73%
- Ebitda 2985.94%
- Net Worth 78.00%
- Total Assets 206.46%
About Mgi Distribution
Mgi Distribution Private Limited (MDPL) is a Private Limited Indian Non-Government Company incorporated in India on 13 October 2021 (Three years and seven months 3 days old ). Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Consumer Goods 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 7.15 Cr and a paid-up capital of Rs 6.67 Cr, as per Ministry of Corporate Affairs (MCA) records.
Xavier Gauderlot, James Halpin, and Akshay Gopal serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U51909KA2021PTC153039
- Company No.
153039
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
13 Oct 2021
- Date of AGM
14 Nov 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Consumer Goods
Mgi Distribution Private Limited
Explore comprehensive data for Mgi Distribution Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Mgi Distribution?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Akshay Gopal  | Director | 13-Oct-2021 | Current |
Xavier Gauderlot  | Director | 15-Dec-2021 | Current |
James Halpin  | Director | 15-Dec-2021 | Current |
Financial Performance of Mgi Distribution.
Mgi Distribution Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 1396.08% increase. The company also saw a substantial improvement in profitability, with a 3467.73% increase in profit. The company's net worth Soared by an impressive increase of 78%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Mgi Distribution?
In 2023, Mgi Distribution had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Mgi Distribution?
Mgi Distribution has a workforce of 0 employees as of Apr 08, 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 Mgi Distribution, 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 Mgi Distribution'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 Mgi Distribution
Recent activity within the organization
- Annual General Meeting
Mgi Distribution Private Limited last Annual general meeting of members was held on 14 Nov 2023 as per latest MCA records.
- Balance Sheet
Mgi Distribution Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
- Director Appointment
Xavier Rodolphe Jerome Gauderlot was appointed as a Director was appointed as a Director on 15 Dec 2021 & has been associated with this company since 3 years 5 months .
- Director Appointment
James Edward Halpin was appointed as a Director was appointed as a Director on 15 Dec 2021 & has been associated with this company since 3 years 5 months .
- Director Appointment
Akshay Gopal was appointed as a Director was appointed as a Director on 13 Oct 2021 & has been associated with this company since 3 years 7 months .
- Company Incorporation
Mgi Distribution Private Limited was registered on 13 Oct 2021 with Roc Bangalore & aged 3 years 7 months as per MCA records.
Frequently asked questions
What is the Incorporation or founding date of Mgi Distribution Private Limited?
Mgi Distribution Private Limited was incorporated on 13 Oct 2021.
What is authorized share capital and paid-up capital of Mgi Distribution Private Limited?
The authorized share capital of Mgi Distribution Private Limited is ₹ 7.15 Cr and paid-up capital is ₹ 6.67 Cr.
Who are the current board members & directors of Mgi Distribution Private Limited?
Currently 3 directors are associated with Mgi Distribution Private Limited.
- Xavier Rodolphe Jerome Gauderlot
- James Edward Halpin
- Akshay Gopal
What is the registered address of Mgi Distribution Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Mgi Distribution Private Limited is Indiqube Epsilon 3Rd Floor Amar Jyothi House Building No. 57-82 Domlur Village 100 Feet Rd, India, Bangalore North, Karnataka, 560071.
What is the corporate identification number (CIN) and company number of Mgi Distribution Private Limited?
The corporate identification number (CIN) of Mgi Distribution Private Limited is U51909KA2021PTC153039 and the company number is 153039 as per Ministry of Corporate Affairs (MCA).
What is the official website of Mgi Distribution Private Limited?
The Official website of Mgi Distribution Private Limited is https://www.bizotico.com
What has been the recent revenue trend for Mgi Distribution Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Mgi Distribution Private Limited has risen by 1396.08%.
What change has been observed in the net worth of Mgi Distribution Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Mgi Distribution Private Limited has experienced an upsurge of 78.00%.
When was the last Balance Sheet of Mgi Distribution Private Limited filed with the ROC?
The most recent Balance Sheet for Mgi Distribution Private Limited was filed with the ROC on 31 Mar 2023.
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