Mg Retails Private Limited - Company Profile

It is a engineering private limited company based in Delhi, Delhi, India, established in 2019.
2019 Delhi, Delhi, India Active
Last Updated:
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About Mg Retails Private Limited

Mg Retails Private Limited, a active private limited company, was established on 29 July 2019 in Delhi, Delhi, India. Engaging in metal foundry & fabrication services within the trade sector, it holds CIN: U52190DL2019PTC353164. Registered under ROC Roc Delhi. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹5.00 M.

Its leadership includes Mohd Waqar Choudhary (Director), Chotey Lal Gupta (Director), Aqib Javed Khan (Director). Past directors included Mumtaz Javed Khan, Mohd Waqar Choudhary, Mohit Kansal. It holds ₹2.50 M open charges and no settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Shop No. T-34, Plot No-2, Sector 22, Manish Global Mall,Dwarka, Delhi, Delhi, 110077.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U52190DL2019PTC353164

  • Registration Number

    353164

  • Incorporation Date

    29 July 2019

  • Authorized Capital

    ₹1.00 Cr

  • Paid-Up Capital

    ₹5.00 M

  • ROC Code

    Roc Delhi

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 5.00 M
  • Company Age 6 Year, 7 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 2.50 M
  • Revenue Growth **** -88.77%
  • Profit Growth **** -1178.80%
  • Ebitda **** -144.23%
  • Net Worth -54.73%
  • Total Assets -17.92%
Company report

Mg Retails Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Mg Retails 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 Retails Private Limited?
Current Directors
Name Designation Appointment Date Status
Mohd Waqar Choudhary Director 09 Sep 2019 Current
Chotey Lal Gupta Director 03 Jul 2025 Current
Aqib Javed Khan Director 28 Mar 2022 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 10 Jul 2025 Past
Pramod Abcsdd Director 10 Jul 2025 Past
Pramod Abcsdd Director 28 Mar 2022 Past
Pramod Abcsdd Director 28 Jan 2022 Past

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Financial Performance of Mg Retails.

Mg Retails Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 88.77% decrease. The company also saw a substantial fall in profitability, with a 1178.8% decrease in profit. The company's net worth observed a substantial decline by a decrease of 54.73%.

Mg Retails revenue growth over time
Mg Retails profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
********
 -88.77%
*******
*******
*******
*******
Revenue from Operations
*******
 -88.77%
*******
*******
*******
*******
Total Assets
*******
 -17.92%
*******
*******
*******
*******
Profit or Loss
*******
 -1178.80%
*******
*******
*******
*******
Net Worth
*******
 -54.73%
*******
*******
*******
*******
EBITDA
*******
 -144.23%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Mg Retails?

In 2023, Mg Retails had a public holding of 35.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹2,500,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • The Jammu And Kashmir Bank Limited : 0.25 Cr
Latest Charge Details
Date Lender Amount Status
23 Sep 2020 The Jammu And Kashmir Bank Limited ₹2.50 M Open

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How Many Employees Work at Mg Retails?

Unlock and access historical data on people associated with Mg Retails, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

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Rating
Graph displaying rating trends over time

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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.

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Latest Updates, News, and FAQs on Mg Retails
Recent Activity within the Organization
  • Annual General Meeting

    Mg Retails Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Director Appointment

    Chotey Lal Gupta was appointed as a Director was appointed as a Director on 03 Jul 2025 & has been associated with this company since 8 months 3 days . was recorded as a recent event.

  • Balance Sheet

    The activity Mg Retails Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi. was completed.

  • Director Appointment

    The activity Aqib Javed Khan was appointed as a Director was appointed as a Director on 28 Mar 2022 & has been associated with this company since 3 years 11 months . was completed.

  • Charges

    Progress on A charge with The Jammu And Kashmir Bank Limited amounted to Rs. 0.25 Cr with Charge ID 100401294 was registered on 23 Sep 2020. was documented.

  • Director Appointment

    The activity Mohd Waqar Choudhary was appointed as a Director was appointed as a Director on 09 Sep 2019 & has been associated with this company since 6 years 5 months . was completed.

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Frequently Asked Questions
What is the CIN of Mg Retails Private Limited?

The CIN of Mg Retails Private Limited is U52190DL2019PTC353164.

Where is Mg Retails Private Limited headquartered?

Mg Retails Private Limited is headquartered at Shop No. T-34, Plot No-2, Sector 22, Manish Global Mall,Dwarka, Delhi, Delhi, 110077.

When was Mg Retails Private Limited incorporated?

Mg Retails Private Limited was incorporated on 29 July 2019.

Who are the current directors of Mg Retails Private Limited?

The current directors of Mg Retails Private Limited are

What is the primary industry of Mg Retails Private Limited?

The primary industry of Mg Retails Private Limited is Trade.

Is Mg Retails Private Limited a listed company?

Mg Retails Private Limited is unlisted.

What is the capital structure of Mg Retails Private Limited?

The authorized capital of Mg Retails Private Limited is ₹1.00 Cr, and the paid-up capital is ₹5.00 M.

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