Mgm Forgings Profile
Key Indicators
- Authorised Capital ₹ 4.44 Cr
as on 31-07-2024
- Paid Up Capital ₹ 3.82 Cr
as on 31-07-2024
- Company Age 29 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 54.94 Cr
as on 31-07-2024
- Revenue -31.87%
(FY 2023)
- Profit 10.06%
(FY 2023)
- Ebitda 54.05%
(FY 2023)
- Net Worth 4.48%
(FY 2023)
- Total Assets 6.42%
(FY 2023)
About Mgm Forgings
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 2023. It's a company limited by shares with an authorized capital of Rs 4.44 Cr and a paid-up capital of Rs 3.82 Cr.
The company has closed loans amounting to ₹54.94 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Tumpudi Bhagavat, Vijayalakshmi Muralidhar, Padmanabhakalluraya Srinivasamurthy, and Four other members serve as directors at the Company.
- CIN/LLPIN
U02710KA1995PTC018056
- Company No.
018056
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
16 Jun 1995
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Mysore, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Mgm Forgings?
Board Members(7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Tumpudi Bhagavat  | Director | 10-Jun-2005 | Current |
| Vijayalakshmi Muralidhar | Director | 16-Jun-1995 | Current |
| Padmanabhakalluraya Srinivasamurthy | Additional Director | Current | |
| Kattepur Srinath | Director | 03-Mar-2010 | Current |
| Chinnathambi Rajendran | Additional Director | Current | |
| Badrinathan Varun | Additional Director | 10-Jul-2024 | Current |
Financial Performance of Mgm Forgings.
Mgm Forgings Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 31.87% decrease. The company also saw a substantial improvement in profitability, with a 10.06% increase in profit. The company's net worth moved up by a moderate rise of 4.48%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (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 Mgm Forgings?
In 2023, Mgm Forgings had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Mgm - Pooja Developers LlpActive 1 year 28 daysTumpudi Bhagavat and Vijayalakshmi Muralidhar are mutual person
- Mgm - Pooja Infra LlpActive 1 year 28 days
Tumpudi Bhagavat and Vijayalakshmi Muralidhar are mutual person
- Sri Gajanana Rice And Oil Mills LimitedActive 80 years 11 months
Tumpudi Bhagavat, Vijayalakshmi Muralidhar and 1 more are mutual person
- Risinous Oil & Chemicals Private LimitedActive 39 years 7 months
Tumpudi Bhagavat, Vijayalakshmi Muralidhar and 1 more are mutual person
- Mgm Techno Park Private LimitedActive 10 years 10 months
Tumpudi Bhagavat, Vijayalakshmi Muralidhar and 1 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 20 Feb 2024 | ₹25.00 Cr | Satisfied |
State Bank Of Mysore Creation Date: 27 Sep 2002 | ₹29.94 Cr | Satisfied |
How Many Employees Work at Mgm Forgings?
Unlock and access historical data on people associated with Mgm Forgings, 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 Mgm Forgings, 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'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.
