M G P Tech Private Limited
About M G P Tech Private Limited
Data last updated:
M G P Tech Private Limited is a private limited company based in Udupi, Karnataka, India. It operates in the real estate leasing and property management segment of the real estate sector. It was incorporated on 14 June 2023.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70200KA2023PTC174803.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹10,000. It is led by directors Sumati Ashwath Shetty and Guruprasad Ashwathanarayana Shetty.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Udupi, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹26,890. For the same year it recorded a net loss of ₹70,080 (net margin -260.6%) and EBITDA of -₹94,700 (EBITDA margin -352.2%).
The company is associated with 1 brand: Mgpaytech. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
Company details
Contact details
M G P Tech Private Limited's registered office is in Udupi, Karnataka.
- Registered Address4 – 3 – 15E 1st Floor Shree, Krishna Bld Mudanidambur, Udupi, Karnataka, India – 576101
- IndustryReal Estate, Real Estate Leasing, Contractual Work
- 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
Brands
M G P Tech operates one associated brand: Mgpaytech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| mgpaytech.com |
Business activity
The main business activity of M G P Tech is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of M G P Tech Private Limited, buy the company report.
Financials of M G P Tech Private Limited
FY 2024 filings availableM G P Tech Private Limited reported revenue of ₹26,890 for FY 2024.
Financial Statement Summary
| Metrics | FY 2023-24 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | -₹94,700 |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹70,080 |
| Balance Sheet | |
| Share Capital | |
| Reserves and Surplus | |
| Net Worth (Total Equity) | |
| Long-term Borrowings | |
| Short-term Borrowings | |
| Trade Payables | |
| Total Liabilities | |
| Fixed Assets | |
| Investments | |
| Inventories | |
| Trade Receivables | |
| Cash and Bank Balance | |
| Total Assets | |
Financial Ratios
| Metrics | FY 2023-24 |
|---|---|
| Profitability | |
| EBITDA Margin | -352.2% |
| Net Profit Margin | -260.6% |
| 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 | |
| Inventory Days | |
| Revenue Growth | |
| Net Profit Growth | |
To see the full financial statements and ratios of M G P Tech Private Limited, buy the company report.
Board of directors of M G P Tech Private Limited
M G P Tech has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sumati Ashwath Shetty Also directs: M G Pragathi Sahakara Capital Limited | Director | 14 Jun 2023 | 3 Years 4 Months | Current |
| Guruprasad Ashwathanarayana Shetty Also directs: M G Pragathi Sahakara Capital Limited | Director | 14 Jun 2023 | 3 Years 4 Months | Current |
Peer comparison
M G P Tech Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| SB Devasree Chit Funds Private Limited | ₹27,000 (FY 2023) | 800.0% | Kancheepuram, Tamil Nadu, India | |||
| GCJ Securities Private Limited | ₹27,000 (FY 2025) | -73.0% | Jaipur, Rajasthan, India | |||
| Tea Quotas Pvt Ltd | ₹27,000 (FY 2025) | 4.0% | Kolkata, West Bengal, India | |||
| Deshing Gramin Nidhi Limited | ₹26,980 (FY 2022) | Sangli, Maharashtra, India | ||||
| Thandiakkal Chits Private Limited | ₹26,950 (FY 2022) | -62.0% | Thrissur, Kerala, India | |||
| M G P Tech Private Limitedthis company | ₹26,890 (FY 2024) | -₹70,080 | -260.6% | Udupi, Karnataka, India | ||
| Sankalp Vruksh Urban Multipurpose Nidhi Limited | ₹26,885 (FY 2022) | Kolhapur, Maharashtra, India | ||||
| Goodfaith Trading Private Limited | ₹26,860 (FY 2016) | -96.0% | Kolkata, West Bengal, India | |||
| Sukhseva Nidhi Limited | ₹26,822 (FY 2019) | Jaipur, Rajasthan, India | ||||
| Nivedan Vyapaar Private Limited | ₹26,780 (FY 2023) | -98.0% | Kolkata, West Bengal, India | |||
| Dwarka Tradex Private Limited | ₹26,780 (FY 2025) | -18.0% | Delhi, India |
To see the full peer comparison of M G P Tech Private Limited, buy the company report.
Legal cases
M G P Tech Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, UDUPI, Karnataka | Civil suit | Filed against the company | Pending |
To see the full case history of M G P Tech 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 M G P Tech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for M G P Tech Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
M G P Tech Private Limited has 2 board changes on record since 2023: 2 appointments. The latest: Guruprasad Ashwathanarayana Shetty was appointed as Director on 14 Jun 2023.
Frequently asked questions
M G P Tech is an active private limited company based in Udupi, Karnataka, India. The company works in real estate leasing, within the real estate industry. It was incorporated on 14 June 2023 (3+ years old) and is registered under CIN U70200KA2023PTC174803.
M G P Tech has 2 current directors:
- Sumati Ashwath Shetty - Director
- Guruprasad Ashwathanarayana Shetty - Director
The latest financial statements of M G P Tech on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2024 are in the company report.
The CIN (Corporate Identification Number) of M G P Tech is U70200KA2023PTC174803. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
M G P Tech has 1 court case on record: 1 filed against it. 1 is pending.
M G P Tech was incorporated on 14 June 2023, making it 3+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of M G P Tech by revenue are SB Devasree Chit Funds Private Limited, GCJ Securities Private Limited, Tea Quotas Pvt Ltd, Deshing Gramin Nidhi Limited, Thandiakkal Chits Private Limited and 5 more, all in the same principal business activity (other financial activities).
Guruprasad Ashwathanarayana Shetty was appointed as Director on 14 Jun 2023. Sumati Ashwath Shetty was appointed as Director on 14 Jun 2023.
The registered office of M G P Tech is at 4 – 3 – 15E 1st Floor Shree, Krishna Bld Mudanidambur, Udupi, Karnataka, India – 576101.
M G P Tech operates in the real estate industry, in the real estate leasing segment.
M G P Tech has 1 associated brand: Mgpaytech.
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