About M G F Developments Limited
Data last updated:
M G F Developments Limited is a public limited company based in New, Delhi, India, a subsidiary of Discovery Estates Pvt. Ltd.. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 16 September 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1996PLC081965. Its GSTIN is 07AAACM8146J1ZA (Delhi). The company holds 2 GST registrations, all of them active.
The company has 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.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 4/17 – B Mgf House Asaf Ali Road, New, 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. For the same year it recorded a net loss of ₹14.45 Cr (net margin -29.3%) and EBITDA of -₹13.86 Cr (EBITDA margin -28.1%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years.
The company has about 55 employees on its provident fund (EPFO) records. Its group structure includes 26 subsidiaries.
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.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address4/17 – B Mgf House Asaf Ali Road, New, Delhi, India – 110002
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
- One PDF report, delivered after checkout
CIN History of M G F Developments Limited
M G F Developments 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
The main business activity of M G F Developments is real estate. In detail, this covers 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
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of M G F Developments Limited
M G F Developments Limited is audited by SampRK & Associates for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SampRK & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of M G F Developments Limited
M G F Developments has 4 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shashwat Gaur | Director | 15 Feb 2021 | 5 Years 7 Months | Current |
| Azhar Quadir | Director | 01 Sep 2020 | 6 Years 1 Months | Current |
| Rakshit Jain Also directs: Zane Devcon Private Limited | Director | 02 Mar 2009 | 17 Years 7 Months | Current |
| Shravan Gupta Also directs: Aryan Life Style Private Limited, Shailvi Estates Private Limited, Radiant Promoters Private Limited and 5 more | Director | 16 Sep 1996 | 30 Years 0 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% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of M G F Developments Limited
Revenue rose 16% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 22%. EBITDA rose 59% 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 of M G F Developments Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
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| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹13.86 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹14.45 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
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| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of M G F Developments Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -28.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -29.3% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
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| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of M G F Developments are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of M G F Developments Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Group Structure of M G F Developments Limited
M G F Developments has 26 subsidiary companies and 7 associated companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Godson Propbuild Private Limited | U45200DL2007PTC158082 | Locked |
| Locus Propbuild Private Limited | U45200DL2007PTC159219 | Locked |
| Grapeshot Propbuild Private Limited | U45200HR2007PTC101069 | Locked |
| Glimpse Propbuild Private Limited | U45200HR2007PTC101111 | Locked |
| Gait Propbuild Private Limited | U45200HR2007PTC101113 | Locked |
| Gran Propbuild Private Limited | U45200HR2007PTC101114 | Locked |
Showing major subsidiaries. Total: 26.
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
M G F Developments Limited has a workforce of 55 employees as of Apr 07, 2025.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of M G F Developments Limited
M G F Developments has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACM8146J1ZA | Delhi | Active | 01 Jul 2017 |
| 06AAACM8146J1ZC | Haryana | Active | 09 Aug 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for M G F Developments Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by M G F Developments Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of M G F Developments Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of M G F Developments Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
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 is an active public limited company based in New, Delhi, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 16 September 1996 (30+ years old) and is registered under CIN U74899DL1996PLC081965.
M G F Developments reported revenue of ₹49.38 Cr for FY 2025 (up 16% YoY).
M G F Developments has 4 current directors:
- Shashwat Gaur - Director
- Azhar Quadir - Director
- Rakshit Jain - Director
- Shravan Gupta - Director
M G F Developments reported a net loss of ₹14.45 Cr (net margin -29.3%) and EBITDA of -₹13.86 Cr (EBITDA margin -28.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of M G F Developments is -22% over three years. In the latest year (FY 2025) revenue rose 16%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of M G F Developments is 07AAACM8146J1ZA, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 06AAACM8146J1ZC (Haryana).
The CIN (Corporate Identification Number) of M G F Developments is U74899DL1996PLC081965. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
M G F Developments was incorporated on 16 September 1996, making it 30+ years old. It is registered with the Registrar of Companies, Delhi.
M G F Developments can be reached through the website mgfgroup.in. Its registered office is in New, Delhi, India.