About
Basic Data Updated:
28 days agoIn 2017, a new company was born in the bustling city of Gurugram, Haryana. Its name was MG Motor India Private Limited, and it was dedicated to the production of high-quality passenger cars. The company's registered office was established in the heart of Gurugram, a strategic location for its operations. With a strong focus on innovation and customer satisfaction, MG Motor India Private Limited quickly became a leading player in the automotive industry. Its state-of-the-art manufacturing facilities and skilled workforce allowed the company to produce top-notch vehicles that captured the hearts of car enthusiasts across the country. Today, MG Motor India Private Limited continues to thrive, constantly pushing the boundaries of excellence and setting new standards in the world of passenger cars.
Industry
Company Details
- Location
Gurgaon, Haryana, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
- Apps12224421
CIN/LLPIN/FCRN | U34100HR2017FTC072429 |
Company No. | 072429 |
Company Classification | Private Limited Foreign Company Incorporated In India |
Incorporation Date | 07 Feb 2017 |
Date of AGM | 30 Sep 2023 |
Date of Balance Sheet | 31 Mar 2023 |
Listing Status | Unlisted |
ROC Code | Roc Delhi |
Financials of Mg Motor India Private Limited
Mg Motor India Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 78.85% increase. The company also saw a slight decrease in profitability, with a 7.79% decrease in profit. The company's net worth observed a substantial decline by a decrease of 36.91%.
Corporate Structure
Unlock access to Mg Motor India's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
People in Mg Motor India Private Limited
Unlock and access historical data on people associated with Mg Motor India, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (1)
NB
Namita Bhatnagar Company SecretaryAppointment Date: 02-Aug-2017
Status: Current
Board Members(8)
Charges (Loans)
There are no open charges registered against the company as per our records.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Mg Motor India, 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 Motor India's trajectory.
Rating
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.
Alert
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.
Related Corporates (Common Directorship)
Recent activity within the organization
Annual General Meeting
Mg Motor India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
30 Sep 2023Director Appointment
Yashwant Singh Yadav was appointed as a Director was appointed as a Director on 01 Apr 2023 & has been associated with this company since 1 year 1 month .
01 Apr 2023Balance Sheet
Mg Motor India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.
31 Mar 2023Director Appointment
Jiming Pan was appointed as a Director was appointed as a Director on 17 Aug 2018 & has been associated with this company since 5 years 9 months .
17 Aug 2018Director Appointment
Namita Bhatnagar was appointed as a Company Secretary was appointed as a Company Secretary on 02 Aug 2017 & has been associated with this company since 6 years 9 months .
02 Aug 2017
Recent News, Updates & Announcement
- JSW Group to acquire 35 stake in MG Motor India.
MergersIndia 01 Dec 2023
- Sajjan Jindals JSW Groups entry in MG Motor to boost EV maker039s expansion plans.
JSW Groups stake purchase in the Chinese EV major MG Motor India to likely help it grow its capacity to 300000 units a year by adding a new plant in Gujarat.
Business Today 24 Nov 2023
- Thrust Zone.
Landmark Cars Limited one of the leading premium and luxury automotive retail businesses in India has entered its 9th state in India with the opening of a new MG Motor dealership in the State of Goa This is in line with the companys strategy of increasing the footprint across India The dealership will be established by Ms Aeromark Cars Private Limited a wholly owned subsidiary company of Landmark Cars This business will include Sales and After Sales of MG Cars It will be the third MG Motor dealership of the company after Indore and Bhopal in Madhya Pradesh The dealership will be operational in the current quarter We are thrilled to announce our entry into the beautiful state of Goa with the opening of a new MG motor dealership said Mr Sanjay Thakker Promoter Executive Chairman of Landmark Cars Limited This marks a significant milestone for Group Landmark as we expand our presence to our 9th state in India We are committed to providing the bestinclass premium and luxury automotive services to discerning customers in Goa This expansion reflects our dedication to offer exceptional products and services to our valued customers across the country We look forward to establishing a strong presence in the vibrant Goa market Landmark Cars has its presence across the automotive retail value chain including sales of new vehicles aftersales service and repairs sales of preowned passenger vehicles and facilitation of the sales of thirdparty financial and insurance products.
Thrust Zone 16 Oct 2023
- Thurlow Nunn takes on MG franchise in Kings Lynn.
MotorTrader 12 Oct 2023
- JSW Chairman Sajjan Jindal SAIC finalise terms to buy stake in MG Motor India Report.
Sajjan JindalMG Motor India deal The agreement would be implemented in several phases at the end of which MG Motor would cease to be a Chinese company.
Business Today 05 Oct 2023
Frequently asked questions
What is the Incorporation or founding date of Mg Motor India Private Limited?