Mgm Biofuels Private Limited

Produces ethanol and has a manufacturing plant with captive power generation.

2021 | Khorda, Odisha (India) | Active
Last Updated: November 16, 2024

Mgm Biofuels Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 4.99 Cr
  • Company Age 3 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 184.58 Cr
  • Revenue Growth %
  • Profit Growth 42.50%
  • Ebitda -52.90%
  • Net Worth 7634.49%
  • Total Assets 64.94%

About Mgm Biofuels

Mgm Biofuels Private Limited (MBPL) is a Private Limited Indian Non-Government Company incorporated in India on 06 May 2021 (Three years and nine months 19 days old ). Its registered office is in Khorda, Odisha, India.

The Company is engaged in the Chemicals And Materials Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 4.99 Cr.

The company currently has active open charges totaling ₹184.58 Cr.

Pankaj Mohanty, Padma Mohanty, Siddhartha Mohanty, and Two other members serve as directors at the Company.

Company Details

  • Location

    Khorda, Odisha, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    mgmmin.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24290OR2021PTC036398

  • Company No.

    036398

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 May 2021

  • Date of AGM

    23 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Chemicals and Materials

Who are the key members and board of directors at Mgm Biofuels?

Board Members (5)

NameDesignationAppointment DateStatus
Pankaj Mohanty Country flag representing In Director 06-May-2021Current
Padma Mohanty Country flag representing In Director 06-May-2021Current
Siddhartha Mohanty Country flag representing In Director 14-Sep-2021Current
Samarendra Mitra Country flag representing In Additional Director 25-Jan-2024Current
Sabita Mohanty Country flag representing In Director 06-May-2021Current

Financial Performance of Mgm Biofuels.

Mgm Biofuels Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 42.5% increase in profit. The company's net worth Soared by an impressive increase of 7634.49%.

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
Revenue from Operations
Total Assets
64.94%
Profit or Loss
42.50%
Net Worth
7634.49%
EBITDA
-52.90%

What is the Ownership and Shareholding Structure of Mgm Biofuels?

In 2023, Mgm Biofuels had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹184.58 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Sbicap Trustee Company Limited : 184.58 Cr

Latest Charge Details

DateLenderAmountStatus
01 Feb 2024Sbicap Trustee Company Limited₹184.58 CrOpen

How Many Employees Work at Mgm Biofuels?

Unlock and access historical data on people associated with Mgm Biofuels, 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 Mgm Biofuels, 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 Mgm Biofuels'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 Mgm Biofuels

Recent activity within the organization

  • Annual General Meeting

    Mgm Biofuels Private Limited last Annual general meeting of members was held on 23 Aug 2024 as per latest MCA records.

    23 Aug 2024

  • Charges

    A charge with Sbicap Trustee Company Limited of Rs. 184.58 Cr registered on 01 Feb 2024 with Charge ID 100866992 was modified on 05 Apr 2024.

    05 Apr 2024

  • Balance Sheet

    Mgm Biofuels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.

    31 Mar 2024

  • Charges

    A charge with Sbicap Trustee Company Limited amounted to Rs. 184.58 Cr with Charge ID 100866992 was registered on 01 Feb 2024.

    01 Feb 2024

  • Director Appointment

    Samarendra Mitra was appointed as a Additional Director was appointed as a Additional Director on 25 Jan 2024 & has been associated with this company since 1 year 29 days .

    25 Jan 2024

  • Director Appointment

    Siddhartha Mohanty was appointed as a Director was appointed as a Director on 14 Sep 2021 & has been associated with this company since 3 years 5 months .

    14 Sep 2021

Frequently asked questions

  • Mgm Biofuels Private Limited was incorporated on 06 May 2021.

  • The authorized share capital of Mgm Biofuels Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 4.99 Cr.

  • Currently 5 directors are associated with Mgm Biofuels Private Limited.

    • Pankaj Lochan Mohanty
    • Padma Lochan Mohanty
    • Siddhartha Mohanty
    • Samarendra Mitra
    • Sabita Mohanty
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mgm Biofuels Private Limited is Plot No-65 Forest Park, Unit-I India, Bhubaneswar, Orissa, 751009.

  • The corporate identification number (CIN) of Mgm Biofuels Private Limited is U24290OR2021PTC036398 and the company number is 036398 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mgm Biofuels Private Limited is https://www.mgmmin.in

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mgm Biofuels Private Limited has experienced an upsurge of 7634.49%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Mgm Biofuels Private Limited amount to ₹ 184.58 Cr.

  • The most recent Balance Sheet for Mgm Biofuels Private Limited was filed with the ROC on 31 Mar 2024.