Mg Autosales Private Limited Company Logo

Mg Autosales Private Limited - Company Profile

It is a automotive private limited company based in Lucknow, Uttar Pradesh, India, established in 2008.

2008 | Lucknow, Uttar Pradesh, India | Active
Last Updated:

About Mg Autosales Private Limited

Mg Autosales Private Limited, a active private limited company, was established on 30 May 2008 in Lucknow, Uttar Pradesh, India. Engaging in auto dealership & trading within the trade sector, it holds CIN: U50102UP2008PTC035365. Registered under ROC Roc Kanpur. it is unlisted. It has an authorized capital of ₹4.17 Cr and a paid-up capital of ₹4.04 Cr.

Formerly known as Stallion Autosales Private Limited. It upholds a compliant status. Employing 34 professional, Its leadership includes Mudita Agarwal (Director), Abhishek Agarwal (Managing Director). Past directors included Mahendra Kumar Agarwal, Vani Agarwal. It holds ₹61.51 Cr open charges and ₹50.91 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 3/44 Ambalika Gokhle Vihar Marg, Lucknow, Uttar Pradesh, 226001.

Company Details

  • CIN/LLPIN

    U50102UP2008PTC035365

  • Registration Number

    035365

  • Incorporation Date

    30 May 2008

  • Authorized Capital

    ₹4.17 Cr

  • Paid-Up Capital

    ₹4.04 Cr

  • ROC Code

    Roc Kanpur

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 4.17 Cr
  • Paid Up Capital ₹ 4.04 Cr
  • Company Age 17 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 61.51 Cr
  • Satisfied Charges ₹ 50.91 Cr
  • Revenue Growth 2.06%
  • Profit Growth 5.20%
  • Ebitda 1.33%
  • Net Worth 7.34%
  • Total Assets 18.54%
Company report

Mg Autosales Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Mg Autosales 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 Mg Autosales Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Mudita AgarwalDirector30 May 2008Current
Abhishek AgarwalManaging Director02 Jun 2008Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector05 Jan 2022Past
Pramod AbcsddDirector05 Jan 2022Past

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Financial Performance of Mg Autosales.

Mg Autosales Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 2.06% increase. The company also saw a slight improvement in profitability, with a 5.2% increase in profit. The company's net worth moved up by a moderate rise of 7.34%.

Mg Autosales revenue growth over time
Mg Autosales profit and loss trends over time
  • 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
2.06%
Revenue from Operations
0.59%
Total Assets
18.54%
Profit or Loss
5.20%
Net Worth
7.34%
EBITDA
1.33%

What is the Ownership and Shareholding Structure of Mg Autosales?

In 2022, Mg Autosales 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 Indicator graph

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Charges (Loans)

Open Charges

₹615,064,571.90

Satisfied Charges

₹509,126,000.00

Charges Breakdown by Lending Institutions

  • Others : 49.01 Cr
  • Hdfc Bank Limited : 9.00 Cr
  • State Bank Of India : 3.50 Cr

Latest Charge Details

DateLenderAmountStatus
25 Mar 2025Others₹1.41 MOpen
25 Mar 2025Others₹1.08 MOpen
25 Mar 2025Others₹1.91 MOpen
07 Mar 2025Others₹10.00 CrOpen
01 Jan 2025State Bank Of India₹3.50 CrOpen

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How Many Employees Work at Mg Autosales?

Mg Autosales has a workforce of 34 employees as of Apr 02, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Mg Autosales Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mg Autosales, 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 Mg Autosales'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.

Latest Updates, News, and FAQs on Mg Autosales

Recent Activity within the Organization

  • Charges

    Progress on A charge with State Bank Of India of Rs. 3.50 Cr registered on 01 Jan 2025 with Charge ID 101036354 was modified on 29 Aug 2025. was documented.

  • Charges

    A charge registered on 17 Jun 2022 via Charge ID 100585191 with Others was fully satisfied on 14 Jul 2025. was recorded as a recent event.

  • Charges

    Progress on A charge with Others of Rs. 16.50 Cr registered on 12 Jul 2023 with Charge ID 100761965 was modified on 27 Mar 2025. was documented.

  • Charges

    The activity A charge with Others amounted to Rs. 0.14 Cr with Charge ID 101084273 was registered on 25 Mar 2025. was completed.

  • Charges

    Progress on A charge with Others amounted to Rs. 0.11 Cr with Charge ID 101084110 was registered on 25 Mar 2025. was documented.

  • Charges

    Progress on A charge with Others amounted to Rs. 0.19 Cr with Charge ID 101084106 was registered on 25 Mar 2025. was documented.

Frequently Asked Questions

  • What is the CIN of Mg Autosales Private Limited?

    The CIN of Mg Autosales Private Limited is U50102UP2008PTC035365.

  • Where is Mg Autosales Private Limited headquartered?

    Mg Autosales Private Limited is headquartered at 3/44 Ambalika Gokhle Vihar Marg, Lucknow, Uttar Pradesh, 226001.

  • When was Mg Autosales Private Limited incorporated?

    Mg Autosales Private Limited was incorporated on 30 May 2008.

  • Who are the current directors of Mg Autosales Private Limited?

    The current directors of Mg Autosales Private Limited are

  • What is the primary industry of Mg Autosales Private Limited?

    The primary industry of Mg Autosales Private Limited is Trade.

  • Is Mg Autosales Private Limited a listed company?

    Mg Autosales Private Limited is unlisted.

  • What is the capital structure of Mg Autosales Private Limited?

    The authorized capital of Mg Autosales Private Limited is ₹4.17 Cr, and the paid-up capital is ₹4.04 Cr.

  • What is the compliance status of Mg Autosales Private Limited?

    The compliance status of Mg Autosales Private Limited is Compliant.

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