Mgm Financiers Private Limited

Financial services company specializing in investments, underwriting, and acquiring securities.

1993 | Ludhiana, Punjab (India) | Active
Last Updated:

Mgm Financiers Profile

Key Indicators

  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 5.96 Cr
  • Company Age 31 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 167.38%
  • Profit Growth 571.24%
  • Ebitda 77.18%
  • Net Worth 59.12%
  • Total Assets 79.39%

About Mgm Financiers

Mgm Financiers Private Limited (MFPL) is a Private Limited Indian Non-Government Company incorporated in India on 29 October 1993 and has a history of 31 years and five months. Its registered office is in Ludhiana, Punjab, India.

The Company is engaged in the Financial Services 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 7.00 Cr and a paid-up capital of Rs 5.96 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Mgm Financiers Private Limited India is Kushinder Mohindra as CEO. Anchal Sood, Ratul Mohindra, and Harish Sood serve as directors at the Company.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65921PB1993PTC013857

  • Company No.

    013857

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Oct 1993

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Financial Services
Company report

Mgm Financiers Private Limited

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

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

Executive Team (1)

NameDesignationAppointment DateStatus
Kushinder Mohindra CEO17-Oct-2022Current

Board Members (3)

NameDesignationAppointment DateStatus
Ratul Mohindra Country flag representing In Director 13-Jan-2020Current
Anchal Sood Country flag representing In Director 05-Nov-2018Current
Harish Sood Director 09-Feb-2023Current

Financial Performance of Mgm Financiers.

Mgm Financiers Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 167.38% increase. The company also saw a substantial improvement in profitability, with a 571.24% increase in profit. The company's net worth Soared by an impressive increase of 59.12%.

Mgm Financiers revenue growth over time
Mgm Financiers 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
167.38%
Revenue from Operations
165.63%
Total Assets
79.39%
Profit or Loss
571.24%
Net Worth
59.12%
EBITDA
77.18%

What is the Ownership and Shareholding Structure of Mgm Financiers?

In 2022, Mgm Financiers 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Mgm Financiers?

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

Employee growth trends for Mgm Financiers Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mgm Financiers, 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 Financiers'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 Financiers

Recent activity within the organization

  • Annual General Meeting

    Mgm Financiers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

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

  • Director Appointment

    Harish Sood was appointed as a Director was appointed as a Director on 09 Feb 2023 & has been associated with this company since 2 years 2 months .

  • Director Appointment

    Kushinder Paul Mohindra was appointed as a Ceo was appointed as a Ceo on 17 Oct 2022 & has been associated with this company since 2 years 6 months .

  • Director Appointment

    Ratul Mohindra was appointed as a Director was appointed as a Director on 13 Jan 2020 & has been associated with this company since 5 years 3 months .

  • Director Appointment

    Anchal Sood was appointed as a Director was appointed as a Director on 05 Nov 2018 & has been associated with this company since 6 years 5 months .

Frequently asked questions

  • What is the Incorporation or founding date of Mgm Financiers Private Limited?

    Mgm Financiers Private Limited was incorporated on 29 Oct 1993.

  • What is authorized share capital and paid-up capital of Mgm Financiers Private Limited?

    The authorized share capital of Mgm Financiers Private Limited is ₹ 7.00 Cr and paid-up capital is ₹ 5.96 Cr.

  • Who are the current board members & directors of Mgm Financiers Private Limited?

    Currently 4 directors are associated with Mgm Financiers Private Limited.

    • Anchal Sood
    • Ratul Mohindra
    • Harish Sood
    • Kushinder Paul Mohindra

  • What is the registered address of Mgm Financiers Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mgm Financiers Private Limited is 2566 A Mukt Ashram Street Jagat Nagar Basti Jodhewal, India, Ludhiana, Punjab, 141007.

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

    The corporate identification number (CIN) of Mgm Financiers Private Limited is U65921PB1993PTC013857 and the company number is 013857 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Mgm Financiers Private Limited?

    The Official website of Mgm Financiers Private Limited is https://www.mgmfinanciers.com

  • What has been the recent revenue trend for Mgm Financiers Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Mgm Financiers Private Limited has risen by 167.38%.

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

    The financial reports for the fiscal year 2022 indicates that The net worth of Mgm Financiers Private Limited has experienced an upsurge of 59.12%.

  • When was the last Balance Sheet of Mgm Financiers Private Limited filed with the ROC?

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

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