Mg Polyplast Industries Private Limited Company Logo

Mg Polyplast Industries Private Limited - Company Profile

It is a manufacturing private limited company based in Delhi, Delhi, India, established in 2010.

2010 | Delhi, Delhi, India | Active
Last Updated:

About Mg Polyplast Industries Private Limited

Mg Polyplast Industries Private Limited, a active private limited company, was established on 22 October 2010 in Delhi, Delhi, India. Engaging in plastic-based products within the manufacturing sector, it holds CIN: U26100DL2010PTC209724. Registered under ROC Roc Delhi. it is unlisted. It has an authorized capital of ₹10.00 Cr and a paid-up capital of ₹6.34 Cr.

Formerly known as Mgi Glass Private Limited. It upholds a compliant status. Employing 77 professional, Its leadership includes Sanjay Kumar (Director), Ashok Garg (Director), Manish Garg (Director). Past directors included Manju Gupta, Ranu Maheshwari, Manish Garg. It holds ₹208.25 Cr open charges and ₹4.17 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at House No-42, Second Floor, Block B-1,Ashok Vihar ,Phase-2, Delhi, Delhi, 110052.

Company Details

  • CIN/LLPIN

    U26100DL2010PTC209724

  • Registration Number

    209724

  • Incorporation Date

    22 October 2010

  • Authorized Capital

    ₹10.00 Cr

  • Paid-Up Capital

    ₹6.34 Cr

  • ROC Code

    Roc Delhi

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 6.34 Cr
  • Company Age 15 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 208.25 Cr
  • Satisfied Charges ₹ 4.17 Cr
  • Revenue Growth -99.88%
  • Profit Growth -99.89%
  • Ebitda -99.88%
  • Net Worth -99.88%
  • Total Assets -99.88%
Company report

Mg Polyplast Industries Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Mg Polyplast Industries Private 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 Polyplast Industries Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Sanjay KumarDirector22 Oct 2010Current
Ashok GargDirector22 Oct 2010Current
Manish GargDirector16 Aug 2019Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director13 Aug 2014Past
Pramod AbcsddCompany Secretary-Past
Pramod AbcsddCeo(Kmp)24 Aug 2019Past

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Financial Performance of Mg Polyplast Industries.

Mg Polyplast Industries Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 99.88% decrease. The company also saw a substantial fall in profitability, with a 99.89% decrease in profit. The company's net worth observed a substantial decline by a decrease of 99.88%.

Mg Polyplast Industries revenue growth over time
Mg Polyplast Industries profit and loss trends over time
  • 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
-99.88%
Revenue from Operations
-99.88%
Total Assets
-99.88%
Profit or Loss
-99.89%
Net Worth
-99.88%
EBITDA
-99.88%

What is the Ownership and Shareholding Structure of Mg Polyplast Industries?

In 2023, Mg Polyplast Industries had a promoter holding of 95.47% and a public holding of 4.53%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹2,082,450,000.00

Satisfied Charges

₹41,700,000.00

Charges Breakdown by Lending Institutions

  • Others : 137.36 Cr
  • Hdfc Bank Limited : 69.30 Cr
  • Axis Bank Limited : 1.59 Cr

Latest Charge Details

DateLenderAmountStatus
31 May 2025Hdfc Bank Limited₹3.00 MOpen
06 Sep 2023Axis Bank Limited₹1.30 CrOpen
04 Jul 2023Axis Bank Limited₹2.90 MOpen
20 Jan 2022Hdfc Bank Limited₹40.00 CrOpen
29 May 2017Hdfc Bank Limited₹29.00 CrOpen

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How Many Employees Work at Mg Polyplast Industries?

Mg Polyplast Industries has a workforce of 77 employees as of Mar 22, 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 growth trends for Mg Polyplast Industries Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mg Polyplast Industries, 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 Polyplast Industries'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.

Latest Updates, News, and FAQs on Mg Polyplast Industries

Recent Activity within the Organization

  • Charges

    A charge registered on 13 Nov 2020 via Charge ID 100395527 with Hdfc Bank Limited was fully satisfied on 04 Oct 2025. was recorded as a recent event.

  • Charges

    The activity A charge with Hdfc Bank Limited amounted to Rs. 0.30 Cr with Charge ID 101123843 was registered on 31 May 2025. was completed.

  • Annual General Meeting

    Progress on Mg Polyplast Industries Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    Mg Polyplast Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi. was recorded as a recent event.

  • Charges

    Progress on A charge with Hdfc Bank Limited of Rs. 29.00 Cr registered on 29 May 2017 with Charge ID 100119128 was modified on 30 Mar 2024. was documented.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 1.30 Cr with Charge ID 100810048 was registered on 06 Sep 2023. was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Mg Polyplast Industries Private Limited?

    The CIN of Mg Polyplast Industries Private Limited is U26100DL2010PTC209724.

  • Where is Mg Polyplast Industries Private Limited headquartered?

    Mg Polyplast Industries Private Limited is headquartered at House No-42, Second Floor, Block B-1,Ashok Vihar ,Phase-2, Delhi, Delhi, 110052.

  • When was Mg Polyplast Industries Private Limited incorporated?

    Mg Polyplast Industries Private Limited was incorporated on 22 October 2010.

  • Who are the current directors of Mg Polyplast Industries Private Limited?

    The current directors of Mg Polyplast Industries Private Limited are

  • What is the primary industry of Mg Polyplast Industries Private Limited?

    The primary industry of Mg Polyplast Industries Private Limited is Manufacturing.

  • Is Mg Polyplast Industries Private Limited a listed company?

    Mg Polyplast Industries Private Limited is unlisted.

  • What is the capital structure of Mg Polyplast Industries Private Limited?

    The authorized capital of Mg Polyplast Industries Private Limited is ₹10.00 Cr, and the paid-up capital is ₹6.34 Cr.

  • What is the compliance status of Mg Polyplast Industries Private Limited?

    The compliance status of Mg Polyplast Industries Private Limited is Compliant.

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