Mg Electrica Limited - Company Profile

It is a machinery and equipment public limited company based in Nashik, Maharashtra, India, established in 2013.
2013 Nashik, Maharashtra, India Active
Last Updated:
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About Mg Electrica Limited

Mg Electrica Limited, a active public limited company, was established on 18 March 2013 in Nashik, Maharashtra, India. Engaging in industrial tools & components within the machinery and equipment sector, it holds CIN: U31908MH2013PLC241070. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹5.00 Cr and a paid-up capital of ₹5.00 Cr.

Formerly known as Mg Electrica Private Limited. It upholds a compliant status. Its leadership includes Mukesh Jayantiprasad Gupta (Managing Director), Manish Jayantiprasad Gupta (Director), Ritu Mukesh Gupta (Whole-Time Director). Past directors included Mukesh Jayantiprasad Gupta, Ritu Mukesh Gupta. It holds ₹19.85 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Plot No, C-13/1 Midc, Satpur,, Nashik, Maharashtra, 422007.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    U31908MH2013PLC241070

  • Registration Number

    241070

  • Incorporation Date

    18 March 2013

  • Authorized Capital

    ₹5.00 Cr

  • Paid-Up Capital

    ₹5.00 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 5.00 Cr
  • Company Age 12 Year, 11 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 19.85 Cr
  • Revenue Growth **** %
  • Profit Growth **** -7.01%
  • Ebitda **** -2.20%
  • Net Worth -147.95%
  • Total Assets **** 31.49%
Company report

Mg Electrica Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Mg Electrica 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 Electrica Limited?
Current Directors
Name Designation Appointment Date Status
Mukesh Jayantiprasad Gupta Managing Director 18 Mar 2013 Current
Manish Jayantiprasad Gupta Director 18 Mar 2013 Current
Ritu Mukesh Gupta Whole-Time Director 05 Dec 2024 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 30 Apr 2025 Past
Pramod Abcsdd Director 31 Aug 2025 Past

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Financial Performance of Mg Electrica.

Mg Electrica Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a slight decrease in profitability, with a 7.01% decrease in profit. The company's net worth observed a substantial decline by a decrease of 147.95%.

Mg Electrica revenue growth over time
Mg Electrica 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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Revenue from Operations
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*******
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Total Assets
*******
 31.49%
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*******
*******
Profit or Loss
*******
 -7.01%
*******
*******
*******
*******
Net Worth
*******
 -147.95%
*******
*******
*******
*******
EBITDA
*******
 -2.20%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Mg Electrica?

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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

₹198,500,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Axis Bank Limited : 19.85 Cr
Latest Charge Details
Date Lender Amount Status
28 Apr 2025 Axis Bank Limited ₹19.85 Cr Open

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How Many Employees Work at Mg Electrica?

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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
Deals i
Graph showing company valuation over time

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Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

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Latest Updates, News, and FAQs on Mg Electrica
Recent Activity within the Organization
  • Annual General Meeting

    Mg Electrica Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Charges

    Progress on A charge with Axis Bank Limited amounted to Rs. 19.85 Cr with Charge ID 101092595 was registered on 28 Apr 2025. was documented.

  • Balance Sheet

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

  • Director Appointment

    Ritu Mukesh Gupta was appointed as a Whole-time director was appointed as a Whole-time director on 05 Dec 2024 & has been associated with this company since 1 year 2 months . was recorded as a recent event.

  • Director Appointment

    The activity Mukesh Jayantiprasad Gupta was appointed as a Managing Director was appointed as a Managing Director on 18 Mar 2013 & has been associated with this company since 12 years 11 months . was completed.

  • Director Appointment

    The activity Manish Jayantiprasad Gupta was appointed as a Director was appointed as a Director on 18 Mar 2013 & has been associated with this company since 12 years 11 months . was completed.

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Frequently Asked Questions
What is the CIN of Mg Electrica Limited?

The CIN of Mg Electrica Limited is U31908MH2013PLC241070.

Where is Mg Electrica Limited headquartered?

Mg Electrica Limited is headquartered at Plot No, C-13/1 Midc, Satpur,, Nashik, Maharashtra, 422007.

When was Mg Electrica Limited incorporated?

Mg Electrica Limited was incorporated on 18 March 2013.

Who are the current directors of Mg Electrica Limited?

The current directors of Mg Electrica Limited are

What is the primary industry of Mg Electrica Limited?

The primary industry of Mg Electrica Limited is Machinery And Equipment.

Is Mg Electrica Limited a listed company?

Mg Electrica Limited is unlisted.

What is the capital structure of Mg Electrica Limited?

The authorized capital of Mg Electrica Limited is ₹5.00 Cr, and the paid-up capital is ₹5.00 Cr.

What is the compliance status of Mg Electrica Limited?

The compliance status of Mg Electrica Limited is Compliant.

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