Mgs Sales Profile
Key Indicators
- Authorised Capital ₹ 2.50 Cr
as on 16-11-2024
- Paid Up Capital ₹ 2.50 Cr
as on 16-11-2024
- Company Age 13 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 91.90 Cr
as on 16-11-2024
- Satisfied Charges ₹ 16.64 Cr
as on 16-11-2024
- Revenue -32.04%
(FY 2023)
- Profit 12.40%
(FY 2023)
- Ebitda 15.15%
(FY 2023)
- Net Worth 34.37%
(FY 2023)
- Total Assets 14.01%
(FY 2023)
About Mgs Sales
The Company is engaged in the Automotive 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 2.50 Cr and a paid-up capital of Rs 2.50 Cr.
The company currently has active open charges totaling ₹91.90 Cr. The company has closed loans amounting to ₹16.64 Cr, as per Ministry of Corporate Affairs (MCA) records.
Shivani Gupta, Divas Gupta, Raghav Gupta, and One other member serve as directors at the Company.
- CIN/LLPIN
U50102UP2011PTC045160
- Company No.
045160
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
06 Jun 2011
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Kanpur
Industry
Company Details
- Location
Lucknow, Uttar Pradesh, India
- Telephone
- Email Address
- Website
-
- Social Media-
Who are the key members and board of directors at Mgs Sales?
Board Members(4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Raghav Gupta  | Additional Director | 01-Apr-2024 | Current |
| Divas Gupta | Director | 15-Nov-2011 | Current |
| Shivani Gupta | Director | 06-Jun-2011 | Current |
| Vipin Sharma | Director | 21-Jul-2015 | Current |
Financial Performance and Corporate Structure Insights of Mgs Sales.
Mgs Sales Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 32.04% decrease. The company also saw a substantial improvement in profitability, with a 12.4% increase in profit. The company's net worth Soared by an impressive increase of 34.37%.
- 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 Mgs Sales?
In 2023, Mgs Sales had a promoter holding of 84.90% and a public holding of 15.10%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Motorfab Sales Private LimitedActive 33 years 7 monthsShivani Gupta, Divas Gupta and 1 more are mutual person
Motor And General Sales Private LimitedActive 69 years 8 monthsShivani Gupta, Divas Gupta and 1 more are mutual person
Mgs Fab Equipments Private LimitedActive 15 years 6 monthsShivani Gupta, Divas Gupta and 1 more are mutual person
Mgs Auto Fab Private LimitedActive 16 years 9 monthsShivani Gupta, Divas Gupta and 1 more are mutual person
- Arbitauto Infra Private LimitedActive 6 years 4 months
Shivani Gupta, Divas Gupta and 1 more are mutual person
- Mgs Infrabuild Private LimitedActive 14 years 11 months
Shivani Gupta, Divas Gupta and 1 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 13 Sep 2023 | ₹1.99 M | Open |
Hdfc Bank Limited Creation Date: 17 Aug 2015 | ₹91.71 Cr | Open |
Kotak Mahindra Bank Limited Creation Date: 19 Sep 2014 | ₹1.50 Cr | Satisfied |
How Many Employees Work at Mgs Sales?
Mgs Sales has a workforce of 54 employees as of Apr 09, 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 Mgs Sales, 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 Mgs Sales'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.
