Mgk Bearings Limited
Manufactures bearings, gears, and printer cartridges. Offers various types of bearings. Established in 1991.
1991 | Delhi (India) | Active
Mgk Bearings Profile
Key Indicators
- Authorised Capital ₹ 1.50 M
- Paid Up Capital ₹ 0.92 M
- Company Age 34 Year, 2 Days
- Last Filing with ROC 31 Mar 2020
- Open Charges ₹ 2.20 Cr
- Revenue Growth -1.11%
- Profit Growth -11.44%
- Ebitda -9.60%
- Net Worth 2.26%
- Total Assets 9.74%
About Mgk Bearings
Mgk Bearings Limited (MBL) is a Public Limited Indian Non-Government Company incorporated in India on 18 March 1991 and has a history of 34 years. Its registered office is in Delhi, India.
The Company is engaged in the Machinery And Equipment Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2020. It's a company limited by shares with an authorized capital of Rs 1.50 M and a paid-up capital of Rs 0.92 M.
The company currently has active open charges totaling ₹2.20 Cr.
Kawaljit Chandhok, Gursharn Kohli, and Syed Hussain serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74999DL1991PLC043526
- Company No.
043526
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
18 Mar 1991
- Date of AGM
31 Dec 2020
- Date of Balance Sheet
31 Mar 2020
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Machinery and Equipment
Mgk Bearings Limited
Explore comprehensive data for Mgk Bearings Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Mgk Bearings?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kawaljit Chandhok  | Managing Director | 18-Mar-1991 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Gursharn Kohli | Director | 20-Oct-2010 | Current |
| Syed Hussain | Director | 20-Oct-2010 | Current |
Financial Performance of Mgk Bearings.
Mgk Bearings Limited, for the financial year ended 2015, experienced Minor drop in revenue, with a 1.11% decrease. The company also saw a substantial fall in profitability, with a 11.44% decrease in profit. The company's net worth moved up by a moderate rise of 2.26%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Mgk Bearings?
In 2017, Mgk Bearings had a promoter holding of 99.46% and a public holding of 0.54%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Jsk Bearings Company Private LimitedSyed Hussain is a mutual person
- Jsk Bearings Ltd
Kawaljit Chandhok, Gursharn Kohli and 1 more are mutual person
Charges (Loans)
Open Charges
₹22.00 M
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Punjab And Sind Bank : 1.70 Cr
- Punjab & Sind Bank : 0.45 Cr
- Panjab & Sind Bank : 0.05 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Apr 2007 | Punjab And Sind Bank | ₹1.70 Cr | Open |
| 25 Sep 2004 | Punjab & Sind Bank | ₹3.50 M | Open |
| 25 Sep 2004 | Punjab & Sind Bank | ₹1.00 M | Open |
| 18 Aug 2003 | Panjab & Sind Bank | ₹0.50 M | Open |
How Many Employees Work at Mgk Bearings?
Unlock and access historical data on people associated with Mgk Bearings, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Mgk Bearings, 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 Mgk Bearings'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 Mgk Bearings
Recent activity within the organization
- Annual General Meeting
Mgk Bearings Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.
- Balance Sheet
Mgk Bearings Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Delhi.
- Director Appointment
Gursharn Singh Kohli was appointed as a Director was appointed as a Director on 20 Oct 2010 & has been associated with this company since 14 years 5 months .
- Director Appointment
Syed Mumtaz Hussain was appointed as a Director was appointed as a Director on 20 Oct 2010 & has been associated with this company since 14 years 5 months .
- Charges
A charge with Punjab & Sind Bank of Rs. 3.50 M registered on 25 Sep 2004 with Charge ID 80045048 was modified on 17 Apr 2008.
- Charges
A charge with Punjab & Sind Bank of Rs. 1.00 M registered on 25 Sep 2004 with Charge ID 90063247 was modified on 17 Apr 2008.
Frequently asked questions
What is the Incorporation or founding date of Mgk Bearings Limited?
Mgk Bearings Limited was incorporated on 18 Mar 1991.
What is authorized share capital and paid-up capital of Mgk Bearings Limited?
The authorized share capital of Mgk Bearings Limited is ₹ 1.50 M and paid-up capital is ₹ 0.92 M.
Who are the current board members & directors of Mgk Bearings Limited?
Currently 3 directors are associated with Mgk Bearings Limited.
- Kawaljit Singh Chandhok
- Gursharn Singh Kohli
- Syed Mumtaz Hussain
What is the registered address of Mgk Bearings Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Mgk Bearings Limited is Room No-1 Second Floor G-9/1, Lawrence Road Indl Area India, New Delhi, 110035.
What is the corporate identification number (CIN) and company number of Mgk Bearings Limited?
The corporate identification number (CIN) of Mgk Bearings Limited is U74999DL1991PLC043526 and the company number is 043526 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Mgk Bearings Limited?
According to the financial reports for the fiscal year 2015, the revenue trend for Mgk Bearings Limited has fallen by -1.11%.
What change has been observed in the net worth of Mgk Bearings Limited, and by what percentage?
The financial reports for the fiscal year 2015 indicates that The net worth of Mgk Bearings Limited has experienced an upsurge of 2.26%.
What are the total open charges for Mgk Bearings Limited?
As per the financial statements for fiscal Year 2015, The total open charges for Mgk Bearings Limited amount to ₹ 2.20 Cr.
When was the last Balance Sheet of Mgk Bearings Limited filed with the ROC?
The most recent Balance Sheet for Mgk Bearings Limited was filed with the ROC on 31 Mar 2020.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
JS
Jaspal SinghDirectorHS
Harvinder SinghDirector