Mgtrends Private Limited
About Mgtrends Private Limited
Data last updated:
Mgtrends Private Limited was a private limited company based in Hyderabad, Telangana, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the leather goods manufacturing segment of the consumer goods sector. It was incorporated on 03 February 2014.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U19129TG2014PTC092671. Its GSTIN is 36AAJCM0719N1Z5 (Telangana). The company held 2 GST registrations, all of them active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Ramesh Kumar Jain and Rahulkumar Rameshkumar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Hyderabad, Telangana.
As per the financials filed for FY 2024, the company reported a revenue of ₹16.94 Lakh, a decline of 92% compared to the previous year. For the same year it recorded a net profit of ₹3.9 Lakh (net margin 23%) and EBITDA of ₹5.47 Lakh (EBITDA margin 32.3%). Revenue has declined at a compounded annual rate (CAGR) of 70% over three years and 64% over five years.
Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
Company details
CIN history
Mgtrends has one previous CIN (Corporate Identification Number): U19129AP2014PTC092671. The current CIN is U19129TG2014PTC092671, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U19129TG2014PTC092671 | Current |
| U19129AP2014PTC092671 | Previous |
Contact details
Mgtrends Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressH No: 3 – 6 – 363 & 3 – 6 – 14/1 3rd Floor Mahavir House Chamber No: 302 Liberty X Road Himayat, Nagar, Hyderabad, Telangana, India – 500029
- IndustryConsumer Goods, Leather Goods Manufacturing
To see the full contact details of Mgtrends Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Mgtrends is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Mgtrends Private Limited, buy the company report.
Financials of Mgtrends Private Limited
FY 2024 filings availableMgtrends Private Limited reported revenue of ₹16.94 Lakh (down 92% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 64% over five years, including a 92% fall in the latest year. EBITDA fell 28% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹5.47 Lakh | ||||
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| Net Profit (PAT) | ₹3.9 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 32.3% | ||||
| Net Profit Margin | 23% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Mgtrends Private Limited, buy the company report.
Board of directors of Mgtrends Private Limited
Mgtrends has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Kumar Jain | Director | 07 Nov 2014 | 12 Years 0 Months | As last reported |
| Rahulkumar Rameshkumar Also directs: Mgtrends LLP | Director | 07 Nov 2014 | 12 Years 0 Months | As last reported |
Auditor
Mgtrends Private Limited is audited by S L GADHIYA & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S L GADHIYA & CO | FY 2022 | 000839S |
Shareholding
The shareholding of Mgtrends Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mgtrends Private Limited, buy the company report.
Legal cases
Mgtrends Private Limited has 2 court cases on record: 1 filed by Mgtrends, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court for State of Telangana | Writ petition | Filed by the company against an individual | Disposed |
| High Court for State of Telangana | Writ petition | Filed against the company | Disposed |
To see the full case history of Mgtrends Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mgtrends Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mgtrends has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAJCM0719N1Z5 | Telangana | Active | 01 Jul 2017 |
| 37AAJCM0719N1Z3 | Andhra Pradesh | Active | 22 Sep 2021 |
To see the full GST registrations and return filing status of Mgtrends Private Limited, buy the company report.
Recent activity
Mgtrends Private Limited has 5 board changes on record since 2014: 2 appointments and 3 cessations. The latest: Krishnam Raju Pakalapati ceased to be Director on 01 Apr 2019.
Frequently asked questions
Mgtrends has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Mgtrends was a private limited company based in Hyderabad, Telangana, India. The company worked in leather goods manufacturing, within the consumer goods industry. It was incorporated on 03 February 2014 and is registered under CIN U19129TG2014PTC092671. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Mgtrends is U19129TG2014PTC092671. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mgtrends had 2 directors:
- Ramesh Kumar Jain - Director
- Rahulkumar Rameshkumar - Director
Mgtrends was incorporated on 03 February 2014. It is registered with the Registrar of Companies, Hyderabad.
The registered office of Mgtrends is at H No: 3 – 6 – 363 & 3 – 6 – 141 3rd Floor Mahavir House Chamber No: 302 Liberty X Road Himayat, Nagar, Hyderabad, Telangana, India – 500029.
The latest financial statements of Mgtrends on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Mgtrends is 36AAJCM0719N1Z5, registered in Telangana. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 37AAJCM0719N1Z3 (Andhra Pradesh).
Mgtrends operated in the consumer goods industry, in the leather goods manufacturing segment.
Mgtrends has 2 court cases on record: 1 filed by the company and 1 filed against it.
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