Mg Metallic Springs Pvt Ltd - Company Profile

It is a machinery and equipment private limited company based in Andhra Pradesh, Andhra Pradesh, India, established in 1973.
1973 Andhra Pradesh, Andhra Pradesh, India Active
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About Mg Metallic Springs Pvt Ltd

Mg Metallic Springs Pvt Ltd, a active private limited company, was established on 01 December 1973 in Andhra Pradesh, Andhra Pradesh, India. Engaging in industrial tools & components within the manufacturing sector, it holds CIN: U28991AP1973PTC001666. Registered under ROC Roc Vijayawada. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹4.32 M.

It upholds a compliant status. Its leadership includes Ramanna Machani Gangadhar (Director), Machani Ramanna Ganganna (Director), Satish Ramesh Machani (Managing Director). Past directors included Sudhakar Machani, Deepa Anil Kumar, Satish Ramesh Machani. It holds ₹134.14 Cr open charges and ₹2.42 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Premises Of M.G. Brothersbellary Road, Anantapur, Andhra Pradesh, Andhra Pradesh.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    U28991AP1973PTC001666

  • Registration Number

    001666

  • Incorporation Date

    01 December 1973

  • Authorized Capital

    ₹1.00 Cr

  • Paid-Up Capital

    ₹4.32 M

  • ROC Code

    Roc Vijayawada

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 4.32 M
  • Company Age 52 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 134.14 Cr
  • Satisfied Charges ₹ 2.42 Cr
  • Revenue Growth **** 11.39%
  • Profit Growth **** 62.60%
  • Ebitda **** 12328.23%
  • Net Worth 2.86%
  • Total Assets **** 4.28%
Company report

Mg Metallic Springs Pvt Ltd

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Mg Metallic Springs Pvt Ltd — 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 Metallic Springs Pvt Ltd?
Current Directors
Name Designation Appointment Date Status
Ramanna Machani Gangadhar Director 28 Sep 1987 Current
Machani Ramanna Ganganna Director 23 Sep 1988 Current
Satish Ramesh Machani Managing Director 20 Oct 1998 Current
Ravi Ramesh Machani Director 14 Jul 2004 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Managing Director 24 Mar 2011 Past
Pramod Abcsdd Additional Director 28 Sep 2013 Past
Pramod Abcsdd Director 24 Mar 2011 Past
Pramod Abcsdd Director 07 Mar 2018 Past

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Financial Performance of Mg Metallic Springs.

Mg Metallic Springs Pvt Ltd, for the financial year ended 2021, experienced significant growth in revenue, with a 11.39% increase. The company also saw a substantial improvement in profitability, with a 62.6% increase in profit. The company's net worth moved up by a moderate rise of 2.86%.

Mg Metallic Springs revenue growth over time
Mg Metallic Springs 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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 11.39%
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Revenue from Operations
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 19.56%
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Total Assets
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 4.28%
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Profit or Loss
*******
 62.60%
*******
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Net Worth
*******
 2.86%
*******
*******
*******
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EBITDA
*******
 12328.23%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Mg Metallic Springs?

In 2022, Mg Metallic Springs 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

₹1,341,406,000.00

Satisfied Charges

₹24,237,460.00

Charges Breakdown by Lending Institutions
  • Hdfc Bank Limited : 63.63 Cr
  • Canara Bank : 38.25 Cr
  • Others : 32.26 Cr
Latest Charge Details
Date Lender Amount Status
24 Dec 2024 Hdfc Bank Limited ₹63.63 Cr Open
31 Oct 2023 Canara Bank ₹9.00 M Open
20 Sep 2023 Canara Bank ₹27.00 Cr Open
26 Jul 2023 Others ₹21.00 Cr Open
19 Dec 2016 Others ₹11.26 Cr Open

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How Many Employees Work at Mg Metallic Springs?

Unlock and access historical data on people associated with Mg Metallic Springs, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

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 Metallic Springs, 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 Metallic Springs'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 Metallic Springs
Recent Activity within the Organization
  • Charges

    A charge with Others of Rs. 21.00 Cr registered on 26 Jul 2023 with Charge ID 100780129 was modified on 21 Aug 2025. was recorded as a recent event.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 63.63 Cr registered on 24 Dec 2024 with Charge ID 101026446 was modified on 15 Jul 2025. was recorded as a recent event.

  • Charges

    Progress on A charge with Hdfc Bank Limited amounted to Rs. 63.63 Cr with Charge ID 101026446 was registered on 24 Dec 2024. was documented.

  • Annual General Meeting

    Progress on Mg Metallic Springs Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Mg Metallic Springs Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada. was completed.

  • Charges

    A charge with Canara Bank amounted to Rs. 0.90 Cr with Charge ID 100821506 was registered on 31 Oct 2023. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Mg Metallic Springs Pvt Ltd?

The CIN of Mg Metallic Springs Pvt Ltd is U28991AP1973PTC001666.

Where is Mg Metallic Springs Pvt Ltd headquartered?

Mg Metallic Springs Pvt Ltd is headquartered at Premises Of M.G. Brothersbellary Road, Anantapur, Andhra Pradesh, Andhra Pradesh.

When was Mg Metallic Springs Pvt Ltd incorporated?

Mg Metallic Springs Pvt Ltd was incorporated on 01 December 1973.

Who are the current directors of Mg Metallic Springs Pvt Ltd?

The current directors of Mg Metallic Springs Pvt Ltd are

What is the primary industry of Mg Metallic Springs Pvt Ltd?

The primary industry of Mg Metallic Springs Pvt Ltd is Manufacturing.

Is Mg Metallic Springs Pvt Ltd a listed company?

Mg Metallic Springs Pvt Ltd is unlisted.

What is the capital structure of Mg Metallic Springs Pvt Ltd?

The authorized capital of Mg Metallic Springs Pvt Ltd is ₹1.00 Cr, and the paid-up capital is ₹4.32 M.

What is the compliance status of Mg Metallic Springs Pvt Ltd?

The compliance status of Mg Metallic Springs Pvt Ltd is Compliant.

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