About MG Retails Private Limited
Data last updated:
MG Retails Private Limited is a private limited company based in Delhi, India, recognised as a startup by DPIIT. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 29 July 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U52190DL2019PTC353164. Its GSTIN is 07AAMCM8449A1ZB (Delhi). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹50 Lakh. It is led by directors including Mohd Waqar Choudhary and Chotey Lal Gupta.
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 Shop No. T – 34 Plot No – 2 Sector 22 Manish Global Mall Dwarka, Delhi, India – 110077.
As per the financials filed for FY 2025, the company reported a revenue of ₹35.99 Lakh, a decline of 52% compared to the previous year. For the same year it recorded a net loss of ₹2.29 Lakh (net margin -6.4%) and EBITDA of -₹86,737 (EBITDA margin -2.4%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 17% over five years.
The company is associated with 1 brand: MG Retails. As per MCA filings, the company has open charges of ₹25 Lakh on record. Court records list 3 cases involving the company, including 3 filed by the company; 1 case is pending.
For more details, the company can be reached via its website mg-retails-private-limited.business.site.
- EmailLocked
- TelephoneLocked
- Social MediaLocked
- Registered AddressShop No. T – 34 Plot No – 2 Sector 22 Manish Global Mall Dwarka, Delhi, India – 110077
- IndustryEngineering, Metal Foundry & Fabrication 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
Business Activity of MG Retails Private Limited
The main business activity of MG Retails is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of MG Retails Private Limited FY 2025 filings available
MG Retails Private Limited reported revenue of ₹35.99 Lakh (down 52% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of MG Retails Private Limited
Revenue fell 52% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 17%. EBITDA fell 137% 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 of MG Retails Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹86,737 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.29 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 Retails Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -6.4% | •••• | •••• | •••• | •••• |
| 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 Retails are in the company report.
Financial statements from FY 2020
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.
Peer Comparison of MG Retails Private Limited
MG Retails Private Limited is compared with the companies closest to it by revenue in the Engineering industry (Foundry and Fabrication). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Agpm Engitech Private Limited | ₹36.71 Lakh (FY 2025) | •••• | •••• | 267.0% | •••• | Murud, Maharashtra, India |
| Acrux Metals and Commodities Private Limited | ₹36.61 Lakh (FY 2025) | •••• | •••• | 122.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Auto Shield HD Coatings Private Limited | ₹36.09 Lakh (FY 2023) | •••• | •••• | -18.0% | •••• | New Delhi, Delhi, India |
| Limestone Commercial Private Limited | ₹36.07 Lakh (FY 2024) | •••• | •••• | 0.0% | •••• | Kolkata, West Bengal, India |
| Gromax Engineering Private Limited | ₹36.01 Lakh (FY 2025) | •••• | •••• | -73.0% | •••• | Bulandshahar, Uttar Pradesh, India |
| MG Retails Private Limited this company | ₹35.99 Lakh (FY 2025) | •••• | •••• | -52.0% | •••• | Delhi, India |
| Kojin Alloys Manufacturers Private Limited | ₹35.93 Lakh (FY 2025) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Brightway Infrastructure Private Limited | ₹35.88 Lakh (FY 2025) | •••• | •••• | -58.0% | •••• | Kanpur, Uttar Pradesh, India |
| Paramount Mechanics Private Limited | ₹35.87 Lakh (FY 2024) | •••• | •••• | 70.0% | •••• | Mumbai, Maharashtra, India |
| Eventure Builders & Developers Private Limited | ₹35.85 Lakh (FY 2023) | •••• | •••• | •••• | Kollam, Kerala, India | |
| Transparent Energy Systems Private Limited | ₹35.85 Lakh (FY 2024) | •••• | •••• | -73.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below MG Retails by revenue in the Engineering industry (Foundry and Fabrication), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of MG Retails Private Limited
MG Retails Private Limited is audited by ALOK ANIL & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ALOK ANIL & ASSOCIATES | 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 Retails Private Limited
MG Retails has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohd Waqar Choudhary | Director | 09 Sep 2019 | 7 Years 1 Months | Current |
| Chotey Lal Gupta Also directs: Rivan Realescapes LLP, Kainchidham Buildtech Private Limited, Devi's Textiles Private Limited and 4 more | Director | 03 Jul 2025 | 1 Years 3 Months | Current |
| Aqib Javed Khan | Director | 28 Mar 2022 | 4 Years 6 Months | Current |
Ownership and Shareholding of MG Retails 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 Retails Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Sep 2020 | The Jammu and Kashmir Bank Limited | ₹25 Lakh | Open |
Total charge records: 1 View all charges
Legal Cases of MG Retails Private Limited
MG Retails Private Limited has 3 court cases on record: 3 filed by MG Retails. 1 case is pending and 2 are disposed. Status as checked between 01 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 1 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, East, Delhi | Cheque dishonour complaint | Filed by the company against Ganlax Tanpri International Private Limited | Pending |
| District court, East, Delhi | Cheque dishonour complaint | Filed by the company against Ganlax Tanpri International Private Limited | Disposed |
Full case history
All 3 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.
Associated Brands with MG Retails Private Limited
MG Retails operates one associated brand: MG Retails. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Serves as a contract manufacturer specializing in garments. | mgretails.com |
Employees and EPFO Compliance at MG Retails Private Limited
Employment history and EPFO contributions of people linked to MG Retails.
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 Retails Private Limited
MG Retails Private Limited has 7 board changes on record since 2019: 3 appointments and 4 cessations. The latest: Mohd Waqar Choudhary ceased to be Director on 10 Jul 2025.
Credit Ratings, Litigation & Regulatory Alerts for MG Retails 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 Retails 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 Retails 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 Retails Private Limited
MG Retails has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAMCM8449A1ZB | Delhi | Active | 12 Aug 2019 |
| 09AAMCM8449A1Z7 | Uttar Pradesh | Active | 17 Nov 2022 |
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 Retails 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 Retails Private Limited
MG Retails is an active private limited company based in Delhi, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 29 July 2019 (7+ years old) and is registered under CIN U52190DL2019PTC353164.
MG Retails reported revenue of ₹35.99 Lakh for FY 2025 (down 52% YoY).
MG Retails has 3 current directors:
- Mohd Waqar Choudhary - Director
- Chotey Lal Gupta - Director
- Aqib Javed Khan - Director
MG Retails reported a net loss of ₹2.29 Lakh (net margin -6.4%) and EBITDA of -₹86,737 (EBITDA margin -2.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of MG Retails is -38% over three years and 17% over five years. In the latest year (FY 2025) revenue fell 52%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of MG Retails is 07AAMCM8449A1ZB, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 09AAMCM8449A1Z7 (Uttar Pradesh).
The CIN (Corporate Identification Number) of MG Retails is U52190DL2019PTC353164. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MG Retails has 3 court cases on record: 3 filed by the company. 1 is pending.
MG Retails was incorporated on 29 July 2019, making it 7+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of MG Retails by revenue are Agpm Engitech Private Limited, Acrux Metals and Commodities Private Limited, Auto Shield HD Coatings Private Limited, Limestone Commercial Private Limited, Gromax Engineering Private Limited and 5 more, all in the Engineering industry (Foundry and Fabrication).
Mohd Waqar Choudhary ceased to be Director on 10 Jul 2025. Mumtaz Javed Khan ceased to be Director on 10 Jul 2025. Chotey Lal Gupta was appointed as Director on 03 Jul 2025. MG Retails has 7 board changes on record in total.