Mgm Resorts Private Limited

Develops and operates hotels, resorts, and cafes in Bhubaneswar, Orissa.

2021 | Khorda, Odisha (India) | Active
Last Updated:

Mgm Resorts Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 9.33 Cr
  • Company Age 4 Year, 15 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 104.82 Cr
  • Revenue Growth -22.02%
  • Profit Growth -503.33%
  • Ebitda -60.72%
  • Net Worth 4126.84%
  • Total Assets 0.38%

About Mgm Resorts

Mgm Resorts Private Limited (MRPL) is a Private Limited Indian Non-Government Company incorporated in India on 16 February 2021 (Four years 15 days old ). Its registered office is in Khorda, Odisha, India.

The Company is engaged in the Travel And Hospitality 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 10.00 Cr and a paid-up capital of Rs 9.33 Cr.

The company currently has active open charges totaling ₹104.82 Cr.

Pankaj Mohanty, Siddhartha Mohanty, Sabita Mohanty, and One other member serve as directors at the Company.

Company Details

  • Location

    Khorda, Odisha, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    mgmmin.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U55101OR2021PTC035622

  • Company No.

    035622

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Feb 2021

  • Date of AGM

    23 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Travel and Hospitality

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

Board Members (4)

NameDesignationAppointment DateStatus
Pankaj Mohanty Country flag representing In Director 16-Feb-2021Current
Siddhartha Mohanty Country flag representing In Director 06-May-2021Current
Sabita Mohanty Country flag representing In Director 16-Feb-2021Current
Padma Mohanty Country flag representing In Director 16-Feb-2021Current

Financial Performance of Mgm Resorts.

Mgm Resorts Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 22.02% decrease. The company also saw a substantial fall in profitability, with a 503.33% decrease in profit. The company's net worth Soared by an impressive increase of 4126.84%.

Mgm Resorts revenue growth over time
Mgm Resorts 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
-22.02%
Revenue from Operations
Total Assets
0.38%
Profit or Loss
-503.33%
Net Worth
4126.84%
EBITDA
-60.72%

What is the Ownership and Shareholding Structure of Mgm Resorts?

In 2023, Mgm Resorts 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)

Open Charges

₹104.82 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Indian Bank : 104.82 Cr

Latest Charge Details

DateLenderAmountStatus
01 Apr 2024Indian Bank₹104.82 CrOpen

How Many Employees Work at Mgm Resorts?

Mgm Resorts has a workforce of 0 employees as of Apr 08, 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 Resorts Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Mgm Resorts Private Limited last Annual general meeting of members was held on 23 Aug 2024 as per latest MCA records.

  • Charges

    A charge with Indian Bank amounted to Rs. 104.82 Cr with Charge ID 100899545 was registered on 01 Apr 2024.

  • Balance Sheet

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

  • Director Appointment

    Siddhartha Mohanty was appointed as a Director was appointed as a Director on 06 May 2021 & has been associated with this company since 3 years 9 months .

  • Director Appointment

    Pankaj Lochan Mohanty was appointed as a Director was appointed as a Director on 16 Feb 2021 & has been associated with this company since 4 years 15 days .

  • Director Appointment

    Sabita Mohanty was appointed as a Director was appointed as a Director on 16 Feb 2021 & has been associated with this company since 4 years 15 days .

Frequently asked questions

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

    Mgm Resorts Private Limited was incorporated on 16 Feb 2021.

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

    The authorized share capital of Mgm Resorts Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 9.33 Cr.

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

    Currently 4 directors are associated with Mgm Resorts Private Limited.

    • Pankaj Lochan Mohanty
    • Siddhartha Mohanty
    • Sabita Mohanty
    • Padma Lochan Mohanty

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

    As per Ministry of Corporate Affairs (Mca), the registered address of Mgm Resorts Private Limited is Plot No.- 65 Forest Park, Unit- I India, Bhubaneswar, Orissa, 751009.

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

    The corporate identification number (CIN) of Mgm Resorts Private Limited is U55101OR2021PTC035622 and the company number is 035622 as per Ministry of Corporate Affairs (MCA).

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

    The Official website of Mgm Resorts Private Limited is https://www.mgmmin.in

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Mgm Resorts Private Limited has fallen by -22.02%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Mgm Resorts Private Limited has experienced an upsurge of 4126.84%.

  • What are the total open charges for Mgm Resorts Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Mgm Resorts Private Limited amount to ₹ 104.82 Cr.

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

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