Mgm Forgings Private Limited

Produces open and closed die forgings and cold extrusions at Mysore manufacturing unit.

1995 | Mysore, Karnataka (India) | Active
Last Updated:

Mgm Forgings Profile

Key Indicators

  • Authorised Capital ₹ 4.44 Cr
  • Paid Up Capital ₹ 3.82 Cr
  • Company Age 29 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 54.94 Cr
  • Revenue Growth -31.87%
  • Profit Growth 10.06%
  • Ebitda 54.05%
  • Net Worth 4.48%
  • Total Assets 6.42%

About Mgm Forgings

Mgm Forgings Private Limited (MFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 June 1995 and has a history of 29 years and 11 months. Its registered office is in Mysore, Karnataka, 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 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.

Padmanabhakalluraya Srinivasamurthy, Tumpudi Bhagavat, Vijayalakshmi Muralidhar, and Four 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

    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

Financial Services
Engineering
Company report

Mgm Forgings Private Limited

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

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

Board Members (7)

NameDesignationAppointment DateStatus
Padmanabhakalluraya Srinivasamurthy Country flag representing In Additional Director 28-Oct-2023Current
Tumpudi Bhagavat Country flag representing In Director 10-Jun-2005Current
Vijayalakshmi Muralidhar Country flag representing In Director 16-Jun-1995Current
Kattepur Srinath Country flag representing In Director 03-Mar-2010Current
Chinnathambi Rajendran Country flag representing In Additional Director 01-Nov-2023Current
Badrinathan Varun Country flag representing In Additional Director 06-Jul-2024Current

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%.

Mgm Forgings revenue growth over time
Mgm Forgings 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
-31.87%
Revenue from Operations
-41.21%
Total Assets
6.42%
Profit or Loss
10.06%
Net Worth
4.48%
EBITDA
54.05%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹54.94 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of Mysore : 29.94 Cr
  • Hdfc Bank Limited : 25.00 Cr

Latest Charge Details

DateLenderAmountStatus
20 Feb 2024Hdfc Bank Limited₹25.00 CrSatisfied
27 Sep 2002State Bank Of Mysore₹29.94 CrSatisfied

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.

Employee growth trends for Mgm Forgings Private Limited

Deals i

Graph showing company valuation over time

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

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 Forgings

Recent activity within the organization

  • 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 10 months 19 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 10 months 19 days .

  • Charges

    A charge registered on 20 Feb 2024 via Charge ID 100881718 with Hdfc Bank Limited was fully satisfied on 25 Apr 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 25.00 Cr with Charge ID 100881718 was registered on 20 Feb 2024.

  • Director Appointment

    Chinnathambi Rajendran was appointed as a Additional Director was appointed as a Additional Director on 01 Nov 2023 & has been associated with this company since 1 year 6 months .

  • Director Appointment

    Padmanabhakalluraya Sarve Srinivasamurthy was appointed as a Additional Director was appointed as a Additional Director on 28 Oct 2023 & has been associated with this company since 1 year 6 months .

Frequently asked questions

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

    Mgm Forgings Private Limited was incorporated on 16 Jun 1995.

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

    The authorized share capital of Mgm Forgings Private Limited is ₹ 4.44 Cr and paid-up capital is ₹ 3.82 Cr.

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

    Currently 7 directors are associated with Mgm Forgings Private Limited.

    • Padmanabhakalluraya Sarve Srinivasamurthy
    • Tumpudi Muralidhar Bhagavat
    • Vijayalakshmi Muralidhar
    • Kattepur Balakrishna Setty Srinath
    • Chinnathambi Rajendran
    • Badrinathan Kulur Varun
    • Anchit Donthi Anil

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

    As per Ministry of Corporate Affairs (Mca), the registered address of Mgm Forgings Private Limited is 17 4Th Main, Jayalaxmipuram India, Mysore, Karnataka, 570012.

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

    The corporate identification number (CIN) of Mgm Forgings Private Limited is U02710KA1995PTC018056 and the company number is 018056 as per Ministry of Corporate Affairs (MCA).

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

    The Official website of Mgm Forgings Private Limited is https://www.mgmforgings.com

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Mgm Forgings Private Limited has fallen by -31.87%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Mgm Forgings Private Limited has experienced an upsurge of 4.48%.

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

    The most recent Balance Sheet for Mgm Forgings Private Limited was filed with the ROC on 31 Mar 2023.

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