Mg Chariots Private Limited - Company Profile

It is a automotive private limited company based in Lucknow, Uttar Pradesh, India, established in 2012.
2012 Lucknow, Uttar Pradesh, India Active
Last Updated:
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About Mg Chariots Private Limited

Mg Chariots Private Limited, a active private limited company, was established on 13 April 2012 in Lucknow, Uttar Pradesh, India. Engaging in auto dealership & trading within the trade sector, it holds CIN: U50102UP2012PTC049873. Registered under ROC Roc Kanpur. it is unlisted. It has an authorized capital of ₹2.00 Cr and a paid-up capital of ₹1.86 Cr.

It upholds a compliant status. Employing 103 professional, Its leadership includes Vandita Agarwal (Director), Ashish Agarwal (Managing Director). Past directors included Vani Agarwal, Abhishek Agarwal. It holds ₹19.78 Cr open charges and ₹22.74 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 3/44 Ambalika, Gokhle Vihar Marg, Lucknow, Uttar Pradesh, 226001.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U50102UP2012PTC049873

  • Registration Number

    049873

  • Incorporation Date

    13 April 2012

  • Authorized Capital

    ₹2.00 Cr

  • Paid-Up Capital

    ₹1.86 Cr

  • ROC Code

    Roc Kanpur

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.86 Cr
  • Company Age 13 Year, 9 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 19.78 Cr
  • Satisfied Charges ₹ 22.74 Cr
  • Revenue Growth **** 18.08%
  • Profit Growth **** -74.35%
  • Ebitda **** -14.46%
  • Net Worth 2.11%
  • Total Assets **** 2.84%
Company report

Mg Chariots Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Mg Chariots 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 Chariots Private Limited?
Current Directors
Name Designation Appointment Date Status
Vandita Agarwal Director 13 Apr 2012 Current
Ashish Agarwal Managing Director 13 Apr 2012 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 05 May 2023 Past
Pramod Abcsdd Director 07 Dec 2020 Past

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Financial Performance of Mg Chariots.

Mg Chariots Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 18.08% increase. The company also saw a substantial fall in profitability, with a 74.35% decrease in profit. The company's net worth moved up by a moderate rise of 2.11%.

Mg Chariots revenue growth over time
Mg Chariots 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
********
 18.08%
*******
*******
*******
*******
Revenue from Operations
*******
 18.14%
*******
*******
*******
*******
Total Assets
*******
 2.84%
*******
*******
*******
*******
Profit or Loss
*******
 -74.35%
*******
*******
*******
*******
Net Worth
*******
 2.11%
*******
*******
*******
*******
EBITDA
*******
 -14.46%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Mg Chariots?

In 2022, Mg Chariots 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

₹197,762,663.00

Satisfied Charges

₹227,359,000.00

Charges Breakdown by Lending Institutions
  • Indian Bank : 12.51 Cr
  • Others : 6.54 Cr
  • Axis Bank Limited : 0.73 Cr
Latest Charge Details
Date Lender Amount Status
31 Jan 2025 Axis Bank Limited ₹4.13 M Open
22 Jan 2024 Indian Bank ₹1.50 M Open
22 Jan 2024 Indian Bank ₹6.50 Cr Open
22 Jan 2024 Indian Bank ₹2.40 M Open
22 Feb 2022 Others ₹2.90 M Open

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How Many Employees Work at Mg Chariots?

Mg Chariots has a workforce of 103 employees as of Apr 03, 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 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 Mg Chariots, 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 Chariots'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 Mg Chariots
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Mg Chariots Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.

  • Charges

    Progress on A charge with Others of Rs. 6.25 Cr registered on 20 Mar 2018 with Charge ID 100195274 was modified on 06 Sep 2025. was documented.

  • Balance Sheet

    Mg Chariots Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kanpur. was recorded as a recent event.

  • Charges

    The activity A charge with Axis Bank Limited amounted to Rs. 0.41 Cr with Charge ID 101077460 was registered on 31 Jan 2025. was completed.

  • Charges

    Progress on A charge with Indian Bank of Rs. 6.50 Cr registered on 22 Jan 2024 with Charge ID 100860901 was modified on 19 Feb 2024. was documented.

  • Charges

    The activity A charge with Indian Bank of Rs. 0.24 Cr registered on 22 Jan 2024 with Charge ID 100860893 was modified on 19 Feb 2024. was completed.

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Frequently Asked Questions
What is the CIN of Mg Chariots Private Limited?

The CIN of Mg Chariots Private Limited is U50102UP2012PTC049873.

Where is Mg Chariots Private Limited headquartered?

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

When was Mg Chariots Private Limited incorporated?

Mg Chariots Private Limited was incorporated on 13 April 2012.

Who are the current directors of Mg Chariots Private Limited?

The current directors of Mg Chariots Private Limited are

What is the primary industry of Mg Chariots Private Limited?

The primary industry of Mg Chariots Private Limited is Trade.

Is Mg Chariots Private Limited a listed company?

Mg Chariots Private Limited is unlisted.

What is the capital structure of Mg Chariots Private Limited?

The authorized capital of Mg Chariots Private Limited is ₹2.00 Cr, and the paid-up capital is ₹1.86 Cr.

What is the compliance status of Mg Chariots Private Limited?

The compliance status of Mg Chariots Private Limited is Compliant.

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