Mg Composites Llp - Company Profile

It is a manufacturing limited liability partnership based in Mumbai, Maharashtra, India, established in 2014.
2014 Mumbai, Maharashtra, India Active
Last Updated:
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About Mg Composites Llp

Mg Composites Llp, a active limited liability partnership, was established on 26 February 2014 in Mumbai, Maharashtra, India. Engaging in plastic-based products within the manufacturing sector, it holds LLPIN: AAC-1263. Registered under ROC Roc Mumbai. It has total obligation of contribution of ₹0.10 M.

Employing 19 professional, Its leadership includes Sudha Mohan Kamat (Designated Partner), Anil Mohan Kamat (Designated Partner). Past directors included Devika Anil Kamat. It holds ₹12.47 Cr open charges and ₹4.50 M settled loans. Its latest date of accounts and solvency statement 31 March 2025. It is based at Khanna Estate, L.B.S. Marg, Vikhroli (West), Mumbai, Maharashtra, 400079.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    AAC-1263

  • Incorporation Date

    26 February 2014

  • Total Obligation of Contribution

    ₹0.10 M

  • ROC Code

    Roc Mumbai

  • Company Status

    Active

Key Metrics
  • Obligation of Contribution ₹ 0.10 M
  • Company Age 11 Year, 11 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 12.47 Cr
  • Satisfied Charges ₹ 4.50 M
  • Revenue Growth **** -71.73%
  • Profit Growth **** -302.09%
  • Ebitda **** -111.35%
  • Total Assets -11.01%
Company report

Mg Composites Llp

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Mg Composites Llp — 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 Composites Llp?
Current Designated Partners
Name Designation Appointment Date Status
Sudha Mohan Kamat Designated Partner 26 Feb 2014 Current
Anil Mohan Kamat Designated Partner 26 Feb 2014 Current
Past Designated Partners
Name Designation Cessation Status
Pramod Abcsdd Partner - Past

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Financial Performance of Mg Composites Llp.

Mg Composites Llp, for the financial year ended 2021, experienced significant reduction in revenue, with a 71.73% decrease. The company also saw a substantial fall in profitability, with a 302.09% decrease in profit. The company's net worth witnessed no change by increase of 0%.

Mg Composites Llp revenue growth over time
Mg Composites Llp 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
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 -71.73%
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Revenue from Operations
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 -71.74%
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Total Assets
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 -11.01%
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Profit or Loss
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 -302.09%
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Net Worth
*******
*******
*******
*******
*******
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EBITDA
*******
 -111.35%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Mg Composites Llp?

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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

₹124,670,000.00

Satisfied Charges

₹4,500,000.00

Charges Breakdown by Lending Institutions
  • Nkgsb Co- Operative Bank Ltd : 5.58 Cr
  • Nkgsb Co-Operative Bank Limited : 3.70 Cr
  • Nkgsb Cooperative Bank Ltd : 2.50 Cr
  • Nkgsb Co Op Bank Ltd : 0.69 Cr
Latest Charge Details
Date Lender Amount Status
30 Jun 2022 Nkgsb Cooperative Bank Ltd ₹2.50 Cr Open
13 Apr 2022 Nkgsb Co Op Bank Ltd ₹6.90 M Open
29 Sep 2021 Nkgsb Co-Operative Bank Limited ₹2.70 Cr Open
25 Apr 2018 Nkgsb Co-Operative Bank Limited ₹1.00 Cr Open
26 Oct 2016 Nkgsb Co- Operative Bank Ltd ₹2.25 Cr Open

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How Many Employees Work at Mg Composites Llp?

Mg Composites Llp has a workforce of 19 employees as of Nov 28, 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 Composites Llp, 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 Composites Llp's trajectory.

Rating
Graph displaying rating trends over time

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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 Composites Llp
Recent Activity within the Organization
  • Annual General Meeting

    Mg Composites Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records. was recorded as a recent event.

  • Statement of Assets & Liabilities

    Progress on Mg Composites Llp has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was documented.

  • Charges

    Progress on A charge with Nkgsb Cooperative Bank Ltd amounted to Rs. 25.00 M with Charge ID 100631875 was registered on 30 Jun 2022. was documented.

  • Charges

    Progress on A charge with Nkgsb Co Op Bank Ltd amounted to Rs. 6.90 M with Charge ID 100631731 was registered on 13 Apr 2022. was documented.

  • Charges

    A charge with Nkgsb Co-Operative Bank Limited of Rs. 27.00 M registered on 29 Sep 2021 with Charge ID 100491002 was modified on 31 Mar 2022. was recorded as a recent event.

  • Charges

    The activity A charge registered on 30 Jul 2016 via Charge ID 100104273 with Nkgsb Co- Operative Bank Ltd was fully satisfied on 10 Mar 2022. was completed.

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Frequently Asked Questions
What is the LLPIN of Mg Composites Llp?

The LLPIN of Mg Composites Llp is AAC-1263.

Where is Mg Composites Llp headquartered?

Mg Composites Llp is headquartered at Khanna Estate, L.B.S. Marg, Vikhroli (West), Mumbai, Maharashtra, 400079.

When was Mg Composites Llp incorporated?

Mg Composites Llp was incorporated on 26 February 2014.

Who are the current directors of Mg Composites Llp?

The current directors of Mg Composites Llp are

What is the primary industry of Mg Composites Llp?

The primary industry of Mg Composites Llp is Manufacturing.

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