Startup India Government of India
MG Autowheels Private Limited
MG Autowheels Private Limited - automotive in Gwalior, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹10.85 Cr
▲ 50% YoY
Net profit · FY 2025
₹3.09 Lakh
Net margin 0.3%
EBITDA · FY 2025
₹19.44 Lakh
EBITDA margin 1.8%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹2 Cr
Secured borrowings
Company age
4 yrs
Est. 2022
Directors on board
3
As per MCA filings
About MG Autowheels Private Limited
Data last updated:
MG Autowheels Private Limited is a private limited company based in Gwalior, Madhya Pradesh, India, recognised as a startup by DPIIT. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 10 November 2022.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U50400MP2022PTC063327. Its GSTIN is 23AAQCM3348G1ZD (Madhya Pradesh).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Meenu Seth and Ram Mohan Seth.
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 C – 28 Shatabdipuram, Gwalior, Madhya Pradesh, India – 474005.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.85 Cr, a growth of 50% compared to the previous year. For the same year it recorded a net profit of ₹3.09 Lakh (net margin 0.3%) and EBITDA of ₹19.44 Lakh (EBITDA margin 1.8%).
As per MCA filings, the company has open charges of ₹2 Cr on record.
MG Autowheels Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MP-20-0029823).
Company details
CIN U50400MP2022PTC063327
Registration Number 063327
Incorporation Date 10 November 2022
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification MSME
Udyam Registration UDYAM-MP-20-0029823
Recognitions & Rankings of MG Autowheels
MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MP-20-0029823
Contact details
MG Autowheels Private Limited's registered office is in Gwalior, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC – 28 Shatabdipuram, Gwalior, Madhya Pradesh, India – 474005
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of MG Autowheels Private Limited, buy the company report.
Comprehensive company report
MG Autowheels Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of MG Autowheels is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of MG Autowheels Private Limited, buy the company report.
Financials of MG Autowheels Private Limited
FY 2025 filings availableMG Autowheels Private Limited reported revenue of ₹10.85 Cr (up 50% YoY) for FY 2025.
Revenue · FY 2025
₹10.85 Cr ▲ 50%
Net profit · FY 2025
₹3.09 Lakh margin 0.3%
EBITDA · FY 2025
₹19.44 Lakh margin 1.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 50%
EBITDA CAGR growth
1 year
▲ 158%
Revenue rose 50% in the latest year. EBITDA rose 158% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| 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 | ₹19.44 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹3.09 Lakh | ||
| 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 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 1.8% | ||
| Net Profit Margin | 0.3% | ||
| 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 | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of MG Autowheels Private Limited, buy the company report.
Board of directors of MG Autowheels Private Limited
MG Autowheels has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Meenu Seth | Director | 10 Nov 2022 | 3 Years 11 Months | Current |
| Ram Mohan Seth | Director | 10 Nov 2022 | 3 Years 11 Months | Current |
| Mayank Gupta Also directs: Chinmay Adhesive LLP, Cryotech India Private Limited | Director | 30 Aug 2024 | 2 Years 2 Months | Current |
Peer comparison
MG Autowheels Private Limited is compared with the 5 companies closest to it by revenue in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aphrodite 4Wheels Private Limited | ₹10.88 Cr (FY 2024) | -45.0% | Seraikelakharsawan, Jharkhand, India | |||
| PSK Automotives Private Limited | ₹10.88 Cr (FY 2024) | 117.0% | Bangalore, Karnataka, India | |||
| Yash Autolink Private Limited | ₹10.85 Cr (FY 2025) | -4.0% | Palanpur, Gujarat, India | |||
| MG Autowheels Private Limitedthis company | ₹10.85 Cr (FY 2025) | ₹3.09 Lakh | 0.3% | 50.0% | Gwalior, Madhya Pradesh, India | |
| Avm General Trading India Private Limited | ₹10.84 Cr (FY 2025) | 7478.0% | Chennai, Tamil Nadu, India | |||
| Astha Commotrade Private Limited | ₹10.81 Cr (FY 2025) | 2.0% | Kolkata, West Bengal, India |
To see the full peer comparison of MG Autowheels Private Limited, buy the company report.
Auditor
MG Autowheels Private Limited is audited by Somani Shakunt & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Somani Shakunt & Associates | FY 2023 | 021837C |
Shareholding
The shareholding of MG Autowheels Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of MG Autowheels Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2025 | 101179743 | State Bank of India | ₹2 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving MG Autowheels Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for MG Autowheels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
MG Autowheels Private Limited has 1 active EPFO establishment as of Mar 27, 2024.
Active EPFO establishments
1
GST
MG Autowheels has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAQCM3348G1ZD | Madhya Pradesh | Active | 28 Nov 2022 |
To see the full GST registrations and return filing status of MG Autowheels Private Limited, buy the company report.
Recent activity
MG Autowheels Private Limited has 5 board changes on record since 2022: 4 appointments and 1 cessation. The latest: Mayank Gupta was appointed as Director on 30 Aug 2024.
AGM
Mg Autowheels Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with State Bank Of India amounted to Rs. 200.00 Lakh with Charge ID 101179743 was registered on 29 Sep 2025.
Filing
Mg Autowheels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior.
Appointed
Mayank Gupta was appointed as Director.
Ceased
Kashish Varshney ceased to be Additional Director.
Appointed
Kashish Varshney was appointed as Additional Director.
Appointed
Meenu Seth was appointed as Director.
Appointed
Ram Mohan Seth was appointed as Director.
Incorporation
10 Nov 2022
Mg Autowheels Private Limited was registered on 10 Nov 2022 with Roc Gwalior & aged 3 years 11 months as per MCA records.
Frequently asked questions
MG Autowheels is an active private limited company based in Gwalior, Madhya Pradesh, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 10 November 2022 (4+ years old) and is registered under CIN U50400MP2022PTC063327.
MG Autowheels has 3 current directors:
- Meenu Seth - Director
- Ram Mohan Seth - Director
- Mayank Gupta - Director
The latest financial statements of MG Autowheels on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2023 are in the company report.
The GSTIN of MG Autowheels is 23AAQCM3348G1ZD, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of MG Autowheels is U50400MP2022PTC063327. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MG Autowheels was incorporated on 10 November 2022, making it 4+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of MG Autowheels by revenue are Aphrodite 4Wheels Private Limited, PSK Automotives Private Limited, Yash Autolink Private Limited, Avm General Trading India Private Limited, Astha Commotrade Private Limited, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (wholesale trading).
Mayank Gupta was appointed as Director on 30 Aug 2024. Kashish Varshney ceased to be Additional Director on 01 Mar 2024. Kashish Varshney was appointed as Additional Director on 05 Jul 2023. MG Autowheels has 5 board changes on record in total.
Yes, MG Autowheels is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, MG Autowheels is registered as an MSME under Udyam registration (number: UDYAM-MP-20-0029823).
The registered office of MG Autowheels is at C – 28 Shatabdipuram, Gwalior, Madhya Pradesh, India – 474005.
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