About MG Estates Private Limited
Data last updated:
MG Estates Private Limited is a private limited company based in Delhi, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 20 February 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U45201DL2006PTC146559.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Subhash Khattar and Jagdish Das Shah.
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 S – 33 Green Park Main Market Safdarjung Enclave, Delhi, India – 110016.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.7 Lakh, a decline of 98% compared to the previous year. For the same year it recorded a net profit of ₹1.66 Lakh (net margin 14.2%) and EBITDA of ₹8.14 Lakh (EBITDA margin 69.6%). Revenue has declined at a compounded annual rate (CAGR) of 46% over three years and 12% over five years.
As per MCA filings, the company has open charges of ₹44 Lakh on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mgestates.in.
Company details
Contact details
MG Estates Private Limited's registered office is in Delhi, Delhi. Its website is mgestates.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressS – 33 Green Park Main Market Safdarjung Enclave, Delhi, India – 110016
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of MG Estates Private Limited, buy the company report.
- 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
Business activity
The main business activity of MG Estates is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of MG Estates Private Limited, buy the company report.
Financials of MG Estates Private Limited
FY 2025 filings availableMG Estates Private Limited reported revenue of ₹11.7 Lakh (down 98% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 98% fall in the latest year. EBITDA fell 94% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹8.14 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.66 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 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 69.6% | ||||
| Net Profit Margin | 14.2% | ||||
| 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 Estates Private Limited, buy the company report.
Board of directors of MG Estates Private Limited
MG Estates has 5 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subhash Khattar | Director | 01 Mar 2017 | 9 Years 8 Months | Current |
| Jagdish Das Shah Also directs: Sangam Infra Projects Private Limited, JVR Real Estate LLP, JDS Design Studio Private Limited and 5 more | Director | 30 Aug 2011 | 15 Years 2 Months | Current |
| Gaurang Batra Also directs: Sangam Infra Projects Private Limited, Frontier Raas Private Limited, Frontier Raas Exports Private Limited and 2 more | Director | 01 Oct 2019 | 7 Years 1 Months | Current |
| Rajinder Dang | Director | 30 Sep 2006 | 20 Years 1 Months | Current |
| Mukesh Khurana | Director | 30 Oct 2007 | 19 Years 0 Months | Current |
Auditor
MG Estates Private Limited is audited by AGGARWAL RAKESH & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AGGARWAL RAKESH & Co. | FY 2023 | 027426N |
Shareholding
The shareholding of MG Estates Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of MG Estates Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Jul 2020 | 100355601 | Others | ₹44 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
MG Estates Private Limited has 2 court cases on record: 1 filed by MG Estates, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Punjab and Haryana | Writ petition | Filed by the company against State of Haryana and Others | Disposed |
| District court, Karnal, Haryana | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of MG Estates Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for MG Estates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for MG Estates Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
MG Estates Private Limited has 14 board changes on record since 2006: 5 appointments and 9 cessations. The latest: Gaurang Batra ceased to be Additional Director on 10 Oct 2020.
6 earlier events are in the company report.
Frequently asked questions
MG Estates is an active private limited company based in Delhi, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 20 February 2006 (20+ years old) and is registered under CIN U45201DL2006PTC146559.
MG Estates has 5 current directors:
- Subhash Khattar - Director
- Jagdish Das Shah - Director
- Gaurang Batra - Director
- Rajinder Dang - Director
- Mukesh Khurana - Director
The latest financial statements of MG Estates 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 2015 are in the company report.
The CIN (Corporate Identification Number) of MG Estates is U45201DL2006PTC146559. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MG Estates has 2 court cases on record: 1 filed by the company and 1 filed against it. Most are in the district courts.
MG Estates was incorporated on 20 February 2006, making it 20+ years old. It is registered with the Registrar of Companies, Delhi.
Gaurang Batra ceased to be Additional Director on 10 Oct 2020. Gaurang Batra was appointed as Director on 01 Oct 2019. Ashish Sachdeva ceased to be Director on 30 Jul 2019. MG Estates has 14 board changes on record in total.
MG Estates can be reached through the website mgestates.in. Its registered office is in Delhi, India.
The registered office of MG Estates is at S – 33 Green Park Main Market Safdarjung Enclave, Delhi, India – 110016.
MG Estates operates in the real estate and construction industry, in the real estate builders and developers segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
