Mgs Sales Private Limited
This company deals with automobile dealership, spare parts, accessories, and oil lubricants.
2011 | Lucknow, Uttar Pradesh (India) | Active
Mgs Sales Profile
Key Indicators
- Authorised Capital ₹ 2.50 Cr
- Paid Up Capital ₹ 2.50 Cr
- Company Age 13 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 91.90 Cr
- Satisfied Charges ₹ 16.64 Cr
- Revenue Growth -32.04%
- Profit Growth 12.40%
- Ebitda 15.15%
- Net Worth 34.37%
- Total Assets 14.01%
About Mgs Sales
Mgs Sales Private Limited (MSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 June 2011 and has a history of 13 years and nine months. Its registered office is in Lucknow, Uttar Pradesh, India.
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.
Company Details
- Location
Lucknow, Uttar Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- 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
Automotive
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 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
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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 LimitedShivani Gupta, Divas Gupta and 1 more are mutual person
Motor And General Sales Private LimitedShivani Gupta, Divas Gupta and 1 more are mutual person
Mgs Fab Equipments Private LimitedShivani Gupta, Divas Gupta and 1 more are mutual person
- Mgs Auto Fab Private Limited
Shivani Gupta, Divas Gupta and 1 more are mutual person
- Arbitauto Infra Private Limited
Shivani Gupta, Divas Gupta and 1 more are mutual person
- Mgs Infrabuild Private Limited
Shivani Gupta, Divas Gupta and 1 more are mutual person
Charges (Loans)
Open Charges
₹91.90 Cr
Satisfied Charges
₹16.64 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 91.90 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Sep 2023 | Hdfc Bank Limited | ₹1.99 M | Open |
| 17 Aug 2015 | Hdfc Bank Limited | ₹91.71 Cr | Open |
| 19 Sep 2014 | Kotak Mahindra Bank Limited | ₹1.50 Cr | Satisfied |
| 22 Oct 2013 | Tata Capital Financial Services Limited | ₹1.13 M | Satisfied |
| 30 Sep 2013 | Tata Capital Financial Services Limited | ₹2.78 M | 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.
Latest Updates, News, and FAQs on Mgs Sales
Recent activity within the organization
- Charges
A charge with Hdfc Bank Limited of Rs. 91.71 Cr registered on 17 Aug 2015 with Charge ID 10598257 was modified on 29 Jul 2024.
- Director Appointment
Raghav Gupta was appointed as a Additional Director was appointed as a Additional Director on 01 Apr 2024 & has been associated with this company since 11 months 26 days .
- Annual General Meeting
Mgs Sales Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.20 Cr with Charge ID 100810890 was registered on 13 Sep 2023.
- Balance Sheet
Mgs Sales Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kanpur.
- Charges
A charge registered on 19 Sep 2014 via Charge ID 10521054 with Kotak Mahindra Bank Limited was fully satisfied on 26 Feb 2016.
Frequently asked questions
What is the Incorporation or founding date of Mgs Sales Private Limited?
Mgs Sales Private Limited was incorporated on 06 Jun 2011.
What is authorized share capital and paid-up capital of Mgs Sales Private Limited?
The authorized share capital of Mgs Sales Private Limited is ₹ 2.50 Cr and paid-up capital is ₹ 2.50 Cr.
Who are the current board members & directors of Mgs Sales Private Limited?
Currently 4 directors are associated with Mgs Sales Private Limited.
- Shivani Gupta
- Divas Gupta
- Raghav Gupta
- Vipin Sharma
What is the registered address of Mgs Sales Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Mgs Sales Private Limited is 11 M.G. Marg Hazaratganj India, Lucknow, Uttar Pradesh, 226001.
What is the corporate identification number (CIN) and company number of Mgs Sales Private Limited?
The corporate identification number (CIN) of Mgs Sales Private Limited is U50102UP2011PTC045160 and the company number is 045160 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Mgs Sales Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Mgs Sales Private Limited has fallen by -32.04%.
How many employees does Mgs Sales Private Limited currently have?
As Per 2023 financial reports, 54 employees are currently employed by Mgs Sales Private Limited.
What change has been observed in the net worth of Mgs Sales Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Mgs Sales Private Limited has experienced an upsurge of 34.37%.
What are the total open charges for Mgs Sales Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Mgs Sales Private Limited amount to ₹ 91.90 Cr.
When was the last Balance Sheet of Mgs Sales Private Limited filed with the ROC?
The most recent Balance Sheet for Mgs Sales Private Limited was filed with the ROC on 31 Mar 2023.
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