MG Resources Private Limited
About MG Resources Private Limited
Data last updated:
MG Resources Private Limited was a private limited company based in New, Delhi, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the brokerage and trading services segment of the financial services sector. It was incorporated on 09 February 1979.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1979PTC009441. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3.36 Lakh. It was formerly known as M G Builders and Co Pvt Ltd. It was led by directors including Sunil Kumar Gupta and Rohit Gupta.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office was at 105 Ist Floor X – 21 Loha Mandi Naraina, New, Delhi, India – 110028.
As per the financials filed for FY 2015, the company reported a revenue of ₹2.82 Cr, a decline of 60% compared to the previous year. For the same year it recorded a net profit of ₹21.68 Lakh (net margin 7.7%) and EBITDA of -₹38.12 Lakh (EBITDA margin -13.5%).
As per MCA filings, the company has satisfied charges of ₹24.5 Lakh on record. Court records list 16 cases involving the company, including 8 filed by the company and 8 filed against it; 1 case is pending.
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- Registered Address105 Ist Floor X – 21 Loha Mandi Naraina, New, Delhi, India – 110028
- IndustryFinancial Services, Brokerage & Trading Services
- 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
- One PDF report, delivered after checkout
Financials of MG Resources Private Limited FY 2015 filings available
MG Resources Private Limited reported revenue of ₹2.82 Cr (down 60% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR) of MG Resources Private Limited
Revenue fell 60% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of MG Resources Private Limited
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | •••• |
| Other Income | •••• |
| Total Revenue | ₹2.82 Cr |
| Cost of Materials Consumed | •••• |
| Employee Benefit Expense | •••• |
| Finance Costs | •••• |
| Depreciation and Amortisation | •••• |
| Other Expenses | •••• |
| Total Expenses | •••• |
| EBITDA | -₹38.12 Lakh |
| Profit Before Tax | •••• |
| Tax Expense | •••• |
| Net Profit (PAT) | ₹21.68 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 of MG Resources Private Limited
| Metrics | FY 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | -13.5% |
| Net Profit Margin | 7.7% |
| 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 | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of MG Resources are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of MG Resources Private Limited
MG Resources Private Limited is audited by R K AGARWAL & CO for the financial year 2015.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R K AGARWAL & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of MG Resources Private Limited
MG Resources has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Kumar Gupta | Director | 09 Feb 1979 | 47 Years 7 Months | As last reported |
| Rohit Gupta | Director | 03 Oct 2000 | 26 Years 0 Months | As last reported |
| Sanjeev Rai Gupta Also directs: MG Resources LLP | Director | 01 Feb 1995 | 31 Years 8 Months | As last reported |
| Joginder Kumar Gupta Also directs: MG Resources LLP | Director | 09 Feb 1979 | 47 Years 7 Months | As last reported |
Ownership and Shareholding of MG Resources Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of MG Resources Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Jan 1997 | The Bank of Rajasthan Ltd. | ₹4.5 Lakh | Satisfied |
| 29 Mar 1989 | The Bank of Rajasthan Ltd. | ₹10 Lakh | Satisfied |
| 28 Mar 1989 | The Bank of Rajasthan Ltd. | ₹10 Lakh | Satisfied |
Total charge records: 3 View all charges
Legal Cases of MG Resources Private Limited
MG Resources Private Limited has 16 court cases on record: 8 filed by MG Resources, 8 filed against it. 1 case is pending and 15 are disposed. Status as checked between 28 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 6 | 1 |
| District courts | 3 | 1 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (CM(M)) | Filed against the company by an individual | Pending |
| District court, Central, Delhi | Civil suit | Filed against the company by an individual | Disposed |
| District court, North West, Delhi | Civil suit | Filed by the company against an individual | Disposed |
| District court, Central, Delhi | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
| High Court of Delhi | Court case (CM(M)) | Filed against the company by an individual | Disposed |
Full case history
All 16 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at MG Resources Private Limited
Employment history and EPFO contributions of people linked to MG Resources.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on MG Resources Private Limited
MG Resources Private Limited has 4 board changes on record since 1979: 4 appointments. The latest: Rohit Gupta was appointed as Director on 03 Oct 2000.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for MG Resources Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by MG Resources Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of MG Resources Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of MG Resources Private Limited
MG Resources has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of MG Resources Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about MG Resources Private Limited
MG Resources has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
MG Resources was a private limited company based in New, Delhi, India. The company worked in brokerage and trading services, within the financial services industry. It was incorporated on 09 February 1979 and is registered under CIN U74899DL1979PTC009441. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of MG Resources is U74899DL1979PTC009441. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MG Resources had 4 directors:
- Sunil Kumar Gupta - Director
- Rohit Gupta - Director
- Sanjeev Rai Gupta - Director
- Joginder Kumar Gupta - Director
MG Resources was incorporated on 09 February 1979. It is registered with the Registrar of Companies, Delhi.
The registered office of MG Resources is at 105 Ist Floor X – 21 Loha Mandi Naraina, New, Delhi, India – 110028.
MG Resources reported revenue of ₹2.82 Cr for FY 2015 (down 60% YoY).
MG Resources has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3.36 Lakh.
MG Resources reported a net profit of ₹21.68 Lakh (net margin 7.7%) and EBITDA of -₹38.12 Lakh (EBITDA margin -13.5%) for FY 2015, as per its filed financial statements.
No. MG Resources has 1 GST registration on record and it is cancelled or inactive.