M G I Industries Private Limited - Company Profile

It is a transport and logistics private limited company based in Ahmedabad, Gujarat, India, established in 2012.
2012 Ahmedabad, Gujarat, India Converted to LLP
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About M G I Industries Private Limited

M G I Industries Private Limited, a converted to llp private limited company, was established on 04 June 2012 in Ahmedabad, Gujarat, India. Engaging in shipbuilding & repair services within the transport and logistics sector, it holds CIN: U35117GJ2012PTC070584. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹2.50 Cr and a paid-up capital of ₹2.38 Cr.

Formerly known as Khushboo Ship Breaking Private Limited. It upholds a compliant status. Its leadership includes Moulik Kishorechand Bansal (Director), Kishorechand Kakaram Bansal (Director). Past directors included Alok Surajmal, Ramesh Chandra, Moulik Kishorechand Bansal. It holds ₹155.54 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2023, with the balance sheet filed on 31 March 2023. It is based at 702 Addor Aspire Complex.Comm.Ser.Soc.Ltd. Addor Aspire, Near Jahanvee Road Univesi, Ty, Ahmedabad, Gujarat, 380015.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U35117GJ2012PTC070584

  • Registration Number

    070584

  • Incorporation Date

    04 June 2012

  • Authorized Capital

    ₹2.50 Cr

  • Paid-Up Capital

    ₹2.38 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Converted to LLP

Key Metrics
  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 2.38 Cr
  • Company Age 13 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 155.54 Cr
  • Revenue Growth **** %
  • Profit Growth **** -140.85%
  • Ebitda **** -619.58%
  • Net Worth 722.79%
  • Total Assets **** 1801.78%
Company report

M G I Industries Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into M G I Industries Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at M G I Industries Private Limited?
Current Directors
Name Designation Appointment Date Status
Moulik Kishorechand Bansal Director 21 Jul 2021 Current
Kishorechand Kakaram Bansal Director 21 Jul 2021 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 06 Jun 2015 Past
Pramod Abcsdd Director 11 Aug 2021 Past
Pramod Abcsdd Director 29 Sep 2021 Past
Pramod Abcsdd Director 21 Jun 2019 Past
Pramod Abcsdd Director 21 Jul 2021 Past
Pramod Abcsdd Director 12 Jul 2019 Past

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Financial Performance of M G I Industries.

M G I Industries Private Limited, for the financial year ended 2017, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 140.85% decrease in profit. The company's net worth Soared by an impressive increase of 722.79%.

M G I Industries revenue growth over time
M G I Industries profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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Revenue from Operations
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*******
*******
Total Assets
*******
 1801.78%
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*******
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Profit or Loss
*******
 -140.85%
*******
*******
*******
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Net Worth
*******
 722.79%
*******
*******
*******
*******
EBITDA
*******
 -619.58%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of M G I Industries?

In 2017, M G I Industries had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹1,555,400,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Bank Of Baroda : 155.54 Cr
Latest Charge Details
Date Lender Amount Status
14 Jun 2022 Bank Of Baroda ₹3.37 Cr Open
30 Dec 2004 Bank Of Baroda ₹29.37 Cr Open
15 Mar 2004 Bank Of Baroda ₹2.00 M Open
15 Mar 1994 Bank Of Baroda ₹30.00 Cr Open
07 May 1993 Bank Of Baroda ₹2.60 Cr Open

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How Many Employees Work at M G I Industries?

Unlock and access historical data on people associated with M G I Industries, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of M G I Industries, 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 M G I Industries's trajectory.

Rating
Graph displaying rating trends over time

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
Alert Indicator

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.

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Latest Updates, News, and FAQs on M G I Industries
Recent Activity within the Organization
  • Annual General Meeting

    The activity M G I Industries Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records. was completed.

  • Balance Sheet

    The activity M G I Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad. was completed.

  • Charges

    The activity A charge with Bank Of Baroda of Rs. 29.37 Cr registered on 30 Dec 2004 with Charge ID 90102740 was modified on 17 Oct 2022. was completed.

  • Charges

    Progress on A charge with Bank Of Baroda amounted to Rs. 3.37 Cr with Charge ID 100588589 was registered on 14 Jun 2022. was documented.

  • Director Appointment

    The activity Moulik Kishorechand Bansal was appointed as a Director was appointed as a Director on 21 Jul 2021 & has been associated with this company since 4 years 6 months . was completed.

  • Director Appointment

    Progress on Kishorechand Kakaram Bansal was appointed as a Director was appointed as a Director on 21 Jul 2021 & has been associated with this company since 4 years 6 months . was documented.

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Frequently Asked Questions
What is the CIN of M G I Industries Private Limited?

The CIN of M G I Industries Private Limited is U35117GJ2012PTC070584.

Where is M G I Industries Private Limited headquartered?

M G I Industries Private Limited is headquartered at 702 Addor Aspire Complex.Comm.Ser.Soc.Ltd. Addor Aspire, Near Jahanvee Road Univesi, Ty, Ahmedabad, Gujarat, 380015.

When was M G I Industries Private Limited incorporated?

M G I Industries Private Limited was incorporated on 04 June 2012.

Who are the current directors of M G I Industries Private Limited?

The current directors of M G I Industries Private Limited are

What is the primary industry of M G I Industries Private Limited?

The primary industry of M G I Industries Private Limited is Transport And Logistics.

Is M G I Industries Private Limited a listed company?

M G I Industries Private Limited is unlisted.

What is the capital structure of M G I Industries Private Limited?

The authorized capital of M G I Industries Private Limited is ₹2.50 Cr, and the paid-up capital is ₹2.38 Cr.

What is the compliance status of M G I Industries Private Limited?

The compliance status of M G I Industries Private Limited is Compliant.

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