Mgm Green Energy Limited

Produces and trades renewable energy sources such as solar and wind power.

2012 | Khorda, Odisha (India) | Active
Last Updated:

Mgm Green Energy Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 6.44 M
  • Company Age 12 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.35 Cr
  • Revenue Growth 0.27%
  • Profit Growth -33.81%
  • Ebitda -140.31%
  • Net Worth 1.44%
  • Total Assets 1.46%

About Mgm Green Energy

Mgm Green Energy Limited (MGEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 28 March 2012 and has a history of 12 years and 11 months. Its registered office is in Khorda, Odisha, India.

The Company is engaged in the Energy 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 1.00 Cr and a paid-up capital of Rs 6.44 M.

The company currently has active open charges totaling ₹2.35 Cr.

Rajib Mohanty, Meenoti Mohanty, Amulyadhan Rout, and One other member serve as directors at the Company.

Company Details

  • Location

    Khorda, Odisha, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U40108OR2012PLC015163

  • Company No.

    015163

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    28 Mar 2012

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Energy

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

Executive Team (1)

NameDesignationAppointment DateStatus
Rajib Mohanty Country flag representing In Managing Director28-Mar-2012Current

Board Members (3)

NameDesignationAppointment DateStatus
Meenoti Mohanty Country flag representing In Director 28-Mar-2012Current
Amulyadhan Rout Country flag representing In Director 10-Nov-2022Current
Tanuj Mohanty Country flag representing In Director 10-Nov-2022Current

Financial Performance of Mgm Green Energy.

Mgm Green Energy Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 0.27% increase. The company also saw a substantial fall in profitability, with a 33.81% decrease in profit. The company's net worth moved up by a moderate rise of 1.44%.

Mgm Green Energy revenue growth over time
Mgm Green Energy 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
0.27%
Revenue from Operations
-12.89%
Total Assets
1.46%
Profit or Loss
-33.81%
Net Worth
1.44%
EBITDA
-140.31%

What is the Ownership and Shareholding Structure of Mgm Green Energy?

In 2023, Mgm Green Energy had a promoter holding of 100.00%. The company had 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.35 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 2.35 Cr

Latest Charge Details

DateLenderAmountStatus
16 Feb 2024Hdfc Bank Limited₹2.35 CrOpen

How Many Employees Work at Mgm Green Energy?

Mgm Green Energy has a workforce of 31 employees as of Apr 05, 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.

Employee growth trends for Mgm Green Energy Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.35 Cr with Charge ID 100907829 was registered on 16 Feb 2024.

  • Annual General Meeting

    Mgm Green Energy Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Mgm Green Energy Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Cuttack.

  • Director Appointment

    Amulyadhan Rout was appointed as a Director was appointed as a Director on 10 Nov 2022 & has been associated with this company since 2 years 3 months .

  • Director Appointment

    Tanuj Mohanty was appointed as a Director was appointed as a Director on 10 Nov 2022 & has been associated with this company since 2 years 3 months .

  • Director Appointment

    Rajib Lochan Mohanty was appointed as a Managing Director was appointed as a Managing Director on 28 Mar 2012 & has been associated with this company since 12 years 11 months .

Frequently asked questions

  • What is the Incorporation or founding date of Mgm Green Energy Limited?

    Mgm Green Energy Limited was incorporated on 28 Mar 2012.

  • What is authorized share capital and paid-up capital of Mgm Green Energy Limited?

    The authorized share capital of Mgm Green Energy Limited is ₹ 1.00 Cr and paid-up capital is ₹ 6.44 M.

  • Who are the current board members & directors of Mgm Green Energy Limited?

    Currently 4 directors are associated with Mgm Green Energy Limited.

    • Rajib Lochan Mohanty
    • Meenoti Mohanty
    • Amulyadhan Rout
    • Tanuj Mohanty
  • What is the registered address of Mgm Green Energy Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mgm Green Energy Limited is 5 A Forest Park India, Bhubaneswar, Orissa, 751009.

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

    The corporate identification number (CIN) of Mgm Green Energy Limited is U40108OR2012PLC015163 and the company number is 015163 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Mgm Green Energy Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Mgm Green Energy Limited has risen by 0.27%.

  • How many employees does Mgm Green Energy Limited currently have?

    As Per 2023 financial reports, 31 employees are currently employed by Mgm Green Energy Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Mgm Green Energy Limited has experienced an upsurge of 1.44%.

  • What are the total open charges for Mgm Green Energy Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Mgm Green Energy Limited amount to ₹ 2.35 Cr.

  • When was the last Balance Sheet of Mgm Green Energy Limited filed with the ROC?

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

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