- Category
- Micro (2024-25)
- Udyam number
- UDYAM-DL-05-0014015

About MG Products Private Limited
Data last updated:
MG Products Private Limited is a private limited company based in Delhi, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 15 January 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U29253DL2015PTC275537. Its GSTIN is 07AAJCM5568K1ZV (Delhi). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Parveen Kumar Garg and Vishal Garg.
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 B – 45 Gali No. – 12 Jagat Puri Extn. Delhi, Delhi, India – 110093.
As per the financials filed for FY 2025, the company reported a revenue of ₹60.47 Lakh, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹2,342 (net margin 0%) and EBITDA of ₹62,727 (EBITDA margin 1%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 45% over five years.
Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it; 1 case is pending.
MG Products Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-05-0014015). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website matangihomeappliances.in.
Company details
Recognitions & Rankings of MG Products
Contact details
MG Products Private Limited's registered office is in Delhi, Delhi. Its website is matangihomeappliances.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB – 45 Gali No. – 12 Jagat Puri Extn. Delhi, Delhi, India – 110093
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of MG Products 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 Products is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale and retail trade and repair of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 45 | Wholesale and retail trade and repair of motor vehicles and motorcycles |
To see the full business activity and turnover split of MG Products Private Limited, buy the company report.
Financials of MG Products Private Limited
FY 2025 filings availableMG Products Private Limited reported revenue of ₹60.47 Lakh (down 17% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 17% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 45%. EBITDA rose 485% 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 |
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| EBITDA | ₹62,727 | ||||
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| Net Profit (PAT) | ₹2,342 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 1% | ||||
| Net Profit Margin | 0% | ||||
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To see the full financial statements and ratios of MG Products Private Limited, buy the company report.
Board of directors of MG Products Private Limited
MG Products has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parveen Kumar Garg | Director | 15 Jan 2015 | 11 Years 9 Months | Current |
| Vishal Garg Also directs: Davish International LLP, MG Sun Foods Private Limited | Director | 15 Jan 2015 | 11 Years 9 Months | Current |
Auditor
MG Products Private Limited is audited by MEHTA GARG & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MEHTA GARG & ASSOCIATES | FY 2021 | 027084N |
Shareholding
The shareholding of MG Products Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of MG Products Private Limited, buy the company report.
Legal cases
MG Products Private Limited has 5 court cases on record: 3 filed by MG Products, 2 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 2 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Shahdara, Delhi | Commercial suit | Filed by the company against Alupac Ventures Private Limited | Disposed |
| District court, Silvassa, DNH at Silvasa | Cheque dishonour complaint | Filed against the company by Alupac Ventures Private Limited | Disposed |
| District court, Shahdara, Delhi | Criminal case | Filed by the company against Alupac Ventures Private Limited | Disposed |
| District court, North West, Delhi | Civil suit | Filed against the company by Ak Traders | Pending |
| District court, Shahdara, Delhi | Court case (Civ Suit) | Filed by the company against S and A Enterprises | Disposed |
To see the full case history of MG Products 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 Products Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
MG Products has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAJCM5568K1ZV | Delhi | Active | 19 Jun 2018 |
| 06AAJCM5568K1ZX | Haryana | Active | 21 Apr 2022 |
To see the full GST registrations and return filing status of MG Products Private Limited, buy the company report.
Recent activity
MG Products Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Parveen Kumar Garg was appointed as Director on 15 Jan 2015.
Frequently asked questions
MG Products is an active private limited company based in Delhi, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 15 January 2015 (11+ years old) and is registered under CIN U29253DL2015PTC275537.
MG Products has 2 current directors:
- Parveen Kumar Garg - Director
- Vishal Garg - Director
The latest financial statements of MG Products 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 GSTIN of MG Products is 07AAJCM5568K1ZV, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 06AAJCM5568K1ZX (Haryana).
The CIN (Corporate Identification Number) of MG Products is U29253DL2015PTC275537. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MG Products has 5 court cases on record: 3 filed by the company and 2 filed against it. 1 is pending.
MG Products was incorporated on 15 January 2015, making it 11+ years old. It is registered with the Registrar of Companies, Delhi.
Parveen Kumar Garg was appointed as Director on 15 Jan 2015. Vishal Garg was appointed as Director on 15 Jan 2015.
Yes, MG Products is registered as a micro enterprise under Udyam registration (number: UDYAM-DL-05-0014015).
MG Products can be reached through the website matangihomeappliances.in. Its registered office is in Delhi, India.