About Mg Retails Private Limited
Data last updated: 06 January 2026
Mg Retails Private Limited is a private limited company based in Delhi, Delhi, India, recognised as a startup by DPIIT. It specialises in metal foundry and fabrication services, a part of the broader engineering sector. Incorporated on 29 July 2019, the company has been in operation for over 7 years.
Registered with ROC Delhi under CIN U52190DL2019PTC353164.
Capital: 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.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Shop No. T – 34 Plot No – 2 Sector 22 Manish Global Mall Dwarka, Delhi, 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.
The company is associated with 1 brand - Mg Retails. As per MCA filings, the company has open charges of ₹25 Lakh on record.
For more details, the company can be reached via its website mg-retails-private-limited.business.site.
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Registered AddressShop No. T – 34 Plot No – 2 Sector 22 Manish Global Mall Dwarka, Delhi, Delhi, India – 110077
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IndustryEngineering, Metal Foundry & Fabrication Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Mg Retails Private Limited
Mg Retails Private Limited operates one associated brand: MG Retails. These brands represent Mg Retails Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Serves as a contract manufacturer specializing in garments. | mgretails.com |
Competitors & Alternatives of Mg Retails Private Limited
Brands and companies operating in the same space as Mg Retails Private Limited include Gokaldas Exports, Radhamani Group, Brand Concepts and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Gokaldas Exports
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Apparel and clothing are manufactured and exported on contract. | Bengaluru, India, India | 1979 |
Radhamani Group
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Sustainable garment manufacturing solutions are provided comprehensively. | Bengaluru, India, India | 2008 |
Brand Concepts
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Contract manufacturing of bags, belts, wallets, and accessories is conducted. | Indore, India, India | 2007 |
Cupid
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Contract manufacturer of male & female condoms | Nashik, India, India | 1993 |
Shahi
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Garments are contract-manufactured by Shahi in apparel production. | Faridabad, India, India | 1974 |
Eastman Exports
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Apparel products are manufactured under contract in India. | Tiruppur, India, India | 2003 |
Barcelona Club
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Men's wear is contract-manufactured by Barcelona Club in India. | Ahmedabad, India, India | 2015 |
SAPL Industries
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Offers product development and manufacturing services to business customers in India. | Mumbai, India, India | 2001 |
Gokaldas Images
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Gokaldas Images is recognized as a pioneer in Indian apparel manufacturing. | Bengaluru, India, India | 1979 |
Business Activity of Mg Retails Private Limited
Mg Retails Private Limited is engaged in the principal business activity of trade, with detailed activities including 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 for Mg Retails Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Mg Retails Private Limited
Mg Retails Private Limited is audited by ALOK ANIL & ASSOCIATES for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ALOK ANIL & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history for Mg Retails Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
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Board of Directors of Mg Retails Private Limited
Mg Retails Private Limited is currently managed by 3 directors, with 4 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohd Waqar Choudhary | Director | 09 Sep 2019 | 6 Years 10 Months | Current |
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Chotey Lal Gupta
Also directs:
Kainchidham Buildtech Private Limited, Devi's Textiles Private Limited, Heavenhills Hospitality Private Limited and 3 more
|
Director | 03 Jul 2025 | 1 Years 0 Months | Current |
| Aqib Javed Khan | Director | 28 Mar 2022 | 4 Years 3 Months | Current |
Financials of Mg Retails Private Limited FY 2025 filings available
Mg Retails Private Limited reported revenue of ₹35.99 Lakh (down 52.00% YoY) for FY 2025.
Ten-year financial statements for Mg Retails Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
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Ownership and Shareholding of Mg Retails Private Limited
Shareholding and ownership data for Mg Retails Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
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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
Employees and EPFO Compliance at Mg Retails Private Limited
View historical data on people associated with Mg Retails Private Limited, including employment history and EPFO contributions.
Employee and EPFO history for Mg Retails Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Mg Retails Private Limited
GST registrations and filing compliance for Mg Retails Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
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Credit Ratings, Litigation & Regulatory Alerts for Mg Retails Private Limited
Credit ratings, litigation, and regulatory alerts for Mg Retails Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Mg Retails Private Limited
MSME payment history for Mg Retails Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Mg Retails Private Limited
Corporate group structure for Mg Retails Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Mg Retails Private Limited
MCA filings and documents for Mg Retails Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Mg Retails Private Limited
Frequently Asked Questions about Mg Retails Private Limited
Mg Retails Private Limited is an active private limited company in the engineering sector based in Delhi, Delhi, India. It was incorporated on 29 July 2019 (7+ years old) and is registered under CIN U52190DL2019PTC353164.
Mg Retails Private Limited reported revenue of ₹35.99 Lakh for FY 2025 (down 52.00% YoY).
The current directors of Mg Retails Private Limited are:
- Mohd Waqar Choudhary - Director
- Chotey Lal Gupta - Director
- Aqib Javed Khan - Director
The primary industry of Mg Retails Private Limited is engineering. The company specifically operates in metal foundry and fabrication services. The company is currently active in this sector.
Yes, Mg Retails Private Limited is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Mg Retails Private Limited can be reached at the registered office: Shop No. T – 34 Plot No – 2 Sector 22 Manish Global Mall Dwarka, Delhi, Delhi, India – 110077, or through the website mg-retails-private-limited.business.site.