Mg Styles Private Limited - Company Profile

It is a home appliances private limited company based in Mumbai, Maharashtra, India, established in 2006.

2006 Mumbai, Maharashtra, India Converted to LLP

Last Updated: July 22, 2025

About Mg Styles Private Limited

Mg Styles Private Limited, a converted to llp private limited company, was established on 09 January 2006 in Mumbai, Maharashtra, India. Engaging in household goods within the home appliances sector, it holds CIN: U51311MH2006PTC158872. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹1.00 Cr.

Past directors included Mohit Umesh Mihani, Sunil Meghraj Suchdev, Umesh Kumar Mihani. It holds no open charges and ₹1.05 Cr settled loans. Its latest AGM occurred on 29 September 2017, with the balance sheet filed on 31 March 2017. It is based at B-45, Blue Heaven Link Rd,Malad West, Mumbai-64, Mumbai, Maharashtra, 400064.

Company Details

CIN/LLPIN
U51311MH2006PTC158872
Registration Number
158872
Incorporation Date
09 January 2006
Authorized Capital
₹1.00 Cr
Paid-Up Capital
₹1.00 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Converted to LLP

Key Metrics

Authorised Capital ₹ 1.00 Cr as on 22-07-2025
Paid Up Capital ₹ 1.00 Cr as on 22-07-2025
Company Age 20 Year, 1 Month
Last Filing with ROC 31 Mar 2017
Satisfied Charges ₹ 1.05 Cr as on 22-07-2025

Comprehensive Company Insights

Explore comprehensive insights into Mg Styles 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 Styles Private Limited?

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	24 Jan 2018	Past
Pramod Abcsdd	Director	24 Jan 2018	Past
Pramod Abcsdd	Director	24 Jan 2018	Past

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Financial Performance of Mg Styles.

Mg Styles Private Limited, for the financial year ended 2017, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

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

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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

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Revenue from Operations

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Total Assets

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Profit or Loss

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Net Worth

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EBITDA

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What is the Ownership and Shareholding Structure of Mg Styles?

In 2017, Mg Styles had a promoter holding of 52.25% and a public holding of 47.75%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

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

₹0

Satisfied Charges

₹10,500,000.00

Charges Breakdown by Lending Institutions

Indian Overseas Bank : 1.05 Cr

Latest Charge Details

Date	Lender	Amount	Status
24 Sep 2007	Indian Overseas Bank	₹1.05 Cr	Satisfied

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How Many Employees Work at Mg Styles?

Unlock and access historical data on people associated with Mg Styles, 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

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Mg Styles, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Mg Styles's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

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 Styles

Recent Activity within the Organization

Annual General Meeting

Progress on Mg Styles Private Limited last Annual general meeting of members was held on 29 Sep 2017 as per latest MCA records. was documented.
29 Sep 2017
Charges

The activity A charge registered on 24 Sep 2007 via Charge ID 10098356 with Indian Overseas Bank was fully satisfied on 05 Jun 2017. was completed.
05 Jun 2017
Balance Sheet

Progress on Mg Styles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Mumbai. was documented.
31 Mar 2017
Charges

The activity A charge with Indian Overseas Bank amounted to Rs. 1.05 Cr with Charge ID 10098356 was registered on 24 Sep 2007. was completed.
24 Sep 2007
Company Incorporation

Mg Styles Private Limited was registered on 09 Jan 2006 with Roc Mumbai & aged 20 years 1 month as per MCA records. was recorded as a recent event.
09 Jan 2006

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Frequently Asked Questions

What is the CIN of Mg Styles Private Limited?

The CIN of Mg Styles Private Limited is U51311MH2006PTC158872.

Where is Mg Styles Private Limited headquartered?

Mg Styles Private Limited is headquartered at B-45, Blue Heaven Link Rd,Malad West, Mumbai-64, Mumbai, Maharashtra, 400064.

When was Mg Styles Private Limited incorporated?

Mg Styles Private Limited was incorporated on 09 January 2006.

What is the primary industry of Mg Styles Private Limited?

The primary industry of Mg Styles Private Limited is Home Appliances.

Is Mg Styles Private Limited a listed company?

Mg Styles Private Limited is unlisted.

What is the capital structure of Mg Styles Private Limited?

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

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