About M G F Developments Limited
Data last updated: 20 December 2025
M G F Developments Limited is a public limited company based in New Delhi, Delhi, India, a subsidiary of Discovery Estates Pvt. Ltd.. It specialises in real estate development and construction, a part of the broader real estate and construction sector. Incorporated on 16 September 1996, the company has been in operation for over 30 years.
Registered with ROC Delhi under CIN L74899DL1996PLC081965.
Capital: an authorised share capital of ₹62 Cr and a paid-up capital of ₹61.74 Cr. It is led by directors including Shashwat Gaur and Azhar Quadir.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: 4/17 – B Mgf House Asaf Ali Road, New Delhi, Delhi, India – 110002.
As per the financials filed for FY 2025, the company reported a revenue of ₹49.38 Cr, a growth of 16% compared to the previous year.
The company has a workforce of approximately 55 employees as per the latest available data. It operates as a subsidiary of Discovery Estates Pvt. Ltd..
As per MCA filings, the company has open charges of ₹395.67 Cr and satisfied charges of ₹365.7 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mgfgroup.in.
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Registered Address4/17 – B Mgf House Asaf Ali Road, New Delhi, Delhi, India – 110002
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IndustryReal Estate and Construction, Real Estate Builders & Developers
- Historical Financials and ratios
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CIN History of M G F Developments Limited
M G F Developments Limited has one previous CIN (Corporate Identification Number): L74899DL1996PLC081965. The current CIN is U74899DL1996PLC081965, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74899DL1996PLC081965 | Current |
| L74899DL1996PLC081965 | Previous |
Business Activity of M G F Developments Limited
M G F Developments Limited is engaged in the principal business activity of real estate, with detailed activities including real estate activities with own or leased property.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | Locked |
Business activity turnover details for M G F Developments Limited
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Board of Directors of M G F Developments Limited
M G F Developments Limited is currently managed by 4 directors, with 16 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shashwat Gaur | Director | 15 Feb 2021 | 5 Years 6 Months | Current |
| Azhar Quadir | Director | 01 Sep 2020 | 5 Years 11 Months | Current |
|
Rakshit Jain
Also directs:
Zane Devcon Private Limited
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Director | 02 Mar 2009 | 17 Years 5 Months | Current |
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Shravan Gupta
Also directs:
Aryan Life Style Private Limited, Shailvi Estates Private Limited, Radiant Promoters Private Limited and 5 more
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Director | 16 Sep 1996 | 29 Years 11 Months | Current |
Financials of M G F Developments Limited FY 2025 filings available
M G F Developments Limited reported revenue of ₹49.38 Cr (up 16.00% YoY) for FY 2025.
Ten-year financial statements for M G F Developments Limited
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Charges & Borrowings of M G F Developments Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Oct 2024 | Others | ₹200 Cr | Open |
| 27 May 2024 | Hdfc Bank Limited | ₹26.13 Lakh | Open |
| 24 Apr 2024 | Hdfc Bank Limited | ₹45.42 Lakh | Open |
| 22 Sep 2023 | Hdfc Bank Limited | ₹9.28 Lakh | Open |
| 30 May 2023 | Others | ₹39.85 Cr | Open |
Total charge records: 25 View all charges
Employees and EPFO Compliance at M G F Developments Limited
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Employee and EPFO history for M G F Developments Limited
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GST Compliance of M G F Developments Limited
GST registrations and filing compliance for M G F Developments Limited
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Credit Ratings, Litigation & Regulatory Alerts for M G F Developments Limited
Credit ratings, litigation, and regulatory alerts for M G F Developments Limited
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MSME Payment Delays by M G F Developments Limited
MSME payment history for M G F Developments Limited
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Subsidiaries & Group Companies of M G F Developments Limited
Corporate group structure for M G F Developments Limited
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MCA Filings & Documents of M G F Developments Limited
MCA filings and documents for M G F Developments Limited
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Recent Activity on M G F Developments Limited
Recent News on M G F Developments Limited
Frequently Asked Questions about M G F Developments Limited
M G F Developments Limited is an active public limited company in the real estate and construction sector based in New Delhi, Delhi, India. It was incorporated on 16 September 1996 (30+ years old) and is registered under CIN U74899DL1996PLC081965. The company has 55 employees.
M G F Developments Limited reported revenue of ₹49.38 Cr for FY 2025 (up 16.00% YoY).
The current directors of M G F Developments Limited are:
- Shashwat Gaur - Director
- Azhar Quadir - Director
- Rakshit Jain - Director
- Shravan Gupta - Director
The primary industry of M G F Developments Limited is real estate and construction. The company specifically operates in real estate builders and developers. The company is currently active in this sector.
M G F Developments Limited can be reached at the registered office: 417 – B Mgf House Asaf Ali Road, New Delhi, Delhi, India – 110002, or through the website mgfgroup.in.
The authorised capital is ₹62 Cr, and the paid-up capital is ₹61.74 Cr.