M G Road Lines Private Limited - Company Profile

It is a transportation private limited company based in Punjab, Punjab, India, established in 1997.

1997 Punjab, Punjab, India Struck Off

Last Updated: July 22, 2025

About M G Road Lines Private Limited

M G Road Lines Private Limited, a struck off private limited company, was established on 11 March 1997 in Punjab, Punjab, India. Engaging in transportation services within the transportation sector, it holds CIN: U63090PB1997PTC019565. Registered under ROC Roc Chandigarh. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹0.86 M.

Its leadership includes Gurdial Gugnani (Managing Director), Aparna Mehta (Director), Veena Khattar (Director). It holds no open charges and ₹3.00 M settled loans. Its latest AGM occurred on 30 September 2014, with the balance sheet filed on 31 March 2014. It is based at 35- New Gopal Nagar Jalandhar City, Punjab, Punjab.

Company Details

CIN/LLPIN
U63090PB1997PTC019565
Registration Number
019565
Incorporation Date
11 March 1997
Authorized Capital
₹1.00 M
Paid-Up Capital
₹0.86 M
ROC Code
Roc Chandigarh
Listing Status
Unlisted
Company Status
Struck Off

Key Metrics

Authorised Capital ₹ 1.00 M as on 22-07-2025
Paid Up Capital ₹ 0.86 M as on 22-07-2025
Company Age 28 Year, 11 Months
Last Filing with ROC 31 Mar 2014
Satisfied Charges ₹ 3.00 M as on 22-07-2025

Comprehensive Company Insights

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Who are the key members and board of directors at M G Road Lines Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Gurdial Gugnani	Managing Director	11 Mar 1997	Current
Aparna Mehta	Director	11 Mar 1997	Current
Veena Khattar	Director	11 Mar 1997	Current

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Financial Performance of M G Road Lines.

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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

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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

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Profit or Loss

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Net Worth

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EBITDA

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What is the Ownership and Shareholding Structure of M G Road Lines?

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Shareholding Pattern (FY 2024)

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

₹0

Satisfied Charges

₹3,000,000.00

Charges Breakdown by Lending Institutions

Oriental Bank Of Commerce Ltd. : 0.15 Cr
Oriental Bank Of Commerce : 0.15 Cr

Latest Charge Details

Date	Lender	Amount	Status
28 May 2008	Oriental Bank Of Commerce Ltd.	₹1.50 M	Satisfied
04 Feb 2004	Oriental Bank Of Commerce	₹0.75 M	Satisfied
04 Feb 2004	Oriental Bank Of Commerce	₹0.75 M	Satisfied

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How Many Employees Work at M G Road Lines?

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Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

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Rating

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Alerts

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Latest Updates, News, and FAQs on M G Road Lines

Recent Activity within the Organization

Charges

Progress on A charge registered on 04 Feb 2004 via Charge ID 90311968 with Oriental Bank Of Commerce was fully satisfied on 06 Aug 2015. was documented.
06 Aug 2015
Charges

Progress on A charge registered on 28 May 2008 via Charge ID 10105693 with Oriental Bank Of Commerce Ltd. was fully satisfied on 04 Aug 2015. was documented.
04 Aug 2015
Annual General Meeting

The activity M G Road Lines Private Limited last Annual general meeting of members was held on 30 Sep 2014 as per latest MCA records. was completed.
30 Sep 2014
Balance Sheet

The activity M G Road Lines Private Limited has filed its annual Financial statements for the year ended 31 Mar 2014 with Roc Chandigarh. was completed.
31 Mar 2014
Charges

A charge registered on 04 Feb 2004 via Charge ID 90169905 with Oriental Bank Of Commerce was fully satisfied on 20 Jun 2008. was recorded as a recent event.
20 Jun 2008
Charges

The activity A charge with Oriental Bank Of Commerce Ltd. amounted to Rs. 1.50 M with Charge ID 10105693 was registered on 28 May 2008. was completed.
28 May 2008

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