Mgm Forgings Bharat Profile
Key Indicators
- Authorised Capital ₹ 8.00 Cr
- Paid Up Capital ₹ 7.81 Cr
- Company Age 18 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 30.00 Cr
- Satisfied Charges ₹ 221.56 Cr
- Revenue Growth 8.84%
- Profit Growth -96.18%
- Ebitda -98.83%
- Net Worth -18.28%
- Total Assets -13.94%
About Mgm Forgings Bharat
Mgm Forgings Bharat Private Limited (MFBPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 August 2006 and has a history of 18 years and six months. Its registered office is in Mysore, Karnataka, India.
The Corporate was formerly known as Mgm Engineering Private Limited. The Company is engaged in the Engineering 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 8.00 Cr and a paid-up capital of Rs 7.81 Cr.
The company currently has active open charges totaling ₹30.00 Cr. The company has closed loans amounting to ₹221.56 Cr, as per Ministry of Corporate Affairs (MCA) records.
Tumpudi Bhagavat, Vijayalakshmi Muralidhar, Padmanabhakalluraya Srinivasamurthy, and Three other members serve as directors at the Company.
Company Details
- Location
Mysore, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U27310KA2006PTC040237
- Company No.
040237
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
18 Aug 2006
- Date of AGM
24 May 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Engineering
Mgm Forgings Bharat Private Limited
Explore comprehensive data for Mgm Forgings Bharat Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Mgm Forgings Bharat?
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Tumpudi Bhagavat  | Additional Director | 18-Jun-2024 | Current |
| Vijayalakshmi Muralidhar | Additional Director | 06-Jul-2024 | Current |
| Padmanabhakalluraya Srinivasamurthy | Additional Director | 18-Jun-2024 | Current |
| Chinnathambi Rajendran | Additional Director | 18-Jun-2024 | Current |
| Badrinathan Varun | Additional Director | 06-Jul-2024 | Current |
| Anchit Anil | Additional Director | 06-Jul-2024 | Current |
Financial Performance of Mgm Forgings Bharat.
Siderforgerossi India Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 8.84% increase. The company also saw a substantial fall in profitability, with a 96.18% decrease in profit. The company's net worth observed a substantial decline by a decrease of 18.28%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Mgm Forgings Bharat?
In 2023, Mgm Forgings Bharat had a promoter holding of 100.00%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Mgm - Pooja Developers LlpTumpudi Bhagavat and Vijayalakshmi Muralidhar are mutual person
- Mgm - Pooja Infra Llp
Tumpudi Bhagavat and Vijayalakshmi Muralidhar are mutual person
- Mgm Forgings Private Limited
Tumpudi Bhagavat, Vijayalakshmi Muralidhar and 4 more are mutual person
- Sri Gajanana Rice And Oil Mills Limited
Tumpudi Bhagavat and Vijayalakshmi Muralidhar are mutual person
Charges (Loans)
Open Charges
₹30.00 Cr
Satisfied Charges
₹221.56 Cr
Charges Breakdown by Lending Institutions
- Others : 30.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Nov 2024 | Others | ₹30.00 Cr | Open |
| 04 Dec 2019 | Axis Bank Limited | ₹17.78 Cr | Satisfied |
| 15 Apr 2017 | State Bank Of India | ₹18.75 Cr | Satisfied |
| 14 Apr 2017 | Indian Overseas Bank | ₹2.68 Cr | Satisfied |
| 01 Dec 2015 | Bnp Paribas | ₹1.35 Cr | Satisfied |
How Many Employees Work at Mgm Forgings Bharat?
Mgm Forgings Bharat has a workforce of 221 employees as of Apr 06, 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 Mgm Forgings Bharat, 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 Forgings Bharat'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 Mgm Forgings Bharat
Recent activity within the organization
- Charges
A charge with Others amounted to Rs. 30.00 Cr with Charge ID 101016911 was registered on 21 Nov 2024.
- Director Appointment
Vijayalakshmi Muralidhar was appointed as a Additional Director was appointed as a Additional Director on 06 Jul 2024 & has been associated with this company since 8 months 6 days .
- Director Appointment
Badrinathan Kulur Varun was appointed as a Additional Director was appointed as a Additional Director on 06 Jul 2024 & has been associated with this company since 8 months 6 days .
- Director Appointment
Anchit Donthi Anil was appointed as a Additional Director was appointed as a Additional Director on 06 Jul 2024 & has been associated with this company since 8 months 6 days .
- Charges
A charge registered on 04 Dec 2019 via Charge ID 100310226 with Axis Bank Limited was fully satisfied on 18 Jun 2024.
- Charges
A charge registered on 15 Apr 2017 via Charge ID 100108464 with State Bank Of India was fully satisfied on 18 Jun 2024.
Frequently asked questions
What is the Incorporation or founding date of Mgm Forgings Bharat Private Limited?
Mgm Forgings Bharat Private Limited was incorporated on 18 Aug 2006.
What is authorized share capital and paid-up capital of Mgm Forgings Bharat Private Limited?
The authorized share capital of Mgm Forgings Bharat Private Limited is ₹ 8.00 Cr and paid-up capital is ₹ 7.81 Cr.
Who are the current board members & directors of Mgm Forgings Bharat Private Limited?
Currently 6 directors are associated with Mgm Forgings Bharat Private Limited.
- Tumpudi Muralidhar Bhagavat
- Vijayalakshmi Muralidhar
- Padmanabhakalluraya Sarve Srinivasamurthy
- Chinnathambi Rajendran
- Badrinathan Kulur Varun
- Anchit Donthi Anil
What is the registered address of Mgm Forgings Bharat Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Mgm Forgings Bharat Private Limited is No.82-84 Krs Road, Metagalli Post India, Mysore, Karnataka, 570016.
What is the corporate identification number (CIN) and company number of Mgm Forgings Bharat Private Limited?
The corporate identification number (CIN) of Mgm Forgings Bharat Private Limited is U27310KA2006PTC040237 and the company number is 040237 as per Ministry of Corporate Affairs (MCA).
What is the official website of Mgm Forgings Bharat Private Limited?
The Official website of Mgm Forgings Bharat Private Limited is https://www.siderforgerossiindia.com
What has been the recent revenue trend for Mgm Forgings Bharat Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Mgm Forgings Bharat Private Limited has risen by 8.84%.
How many employees does Mgm Forgings Bharat Private Limited currently have?
As Per 2023 financial reports, 221 employees are currently employed by Mgm Forgings Bharat Private Limited.
What change has been observed in the net worth of Mgm Forgings Bharat Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Mgm Forgings Bharat Private Limited has experienced an downturn of -18.28%.
What are the total open charges for Mgm Forgings Bharat Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Mgm Forgings Bharat Private Limited amount to ₹ 30.00 Cr.
When was the last Balance Sheet of Mgm Forgings Bharat Private Limited filed with the ROC?
The most recent Balance Sheet for Mgm Forgings Bharat Private Limited was filed with the ROC on 31 Mar 2024.
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