MGB Fashions Private Limited
About MGB Fashions Private Limited
Data last updated:
MGB Fashions Private Limited was a private limited company based in New Delhi, Delhi, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the articles of fur segment of the chemicals sector. It was incorporated on 05 December 2017.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U18209DL2017PTC326742.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Barkat Ahmed and Gopi Chand.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at B – 126 Ground Floor Okhla Industrial Area Phase 1 Near Police Station, New Delhi, Delhi, India – 110016.
As per the financials filed for FY 2021, the company reported a revenue of ₹27.4 Lakh, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹61,046 (net margin 2.2%) and EBITDA of ₹82,232 (EBITDA margin 3%).
The company had about 1 employee on its provident fund (EPFO) records before it was struck off.
Company details
Contact details
MGB Fashions Private Limited's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered AddressB – 126 Ground Floor Okhla Industrial Area Phase 1 Near Police Station, New Delhi, Delhi, India – 110016
- IndustryChemicals, Articles Of Fur, Dressing And Dyeing Of Fur, Manufacturing
To see the full contact details of MGB Fashions Private Limited, buy the company report.
- 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
Business activity
The main business activity of MGB Fashions is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of MGB Fashions Private Limited, buy the company report.
Financials of MGB Fashions Private Limited
FY 2021 filings availableMGB Fashions Private Limited reported revenue of ₹27.4 Lakh (down 8% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 8% in the latest year. EBITDA rose 193% 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹82,232 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹61,046 | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 3% | |||
| Net Profit Margin | 2.2% | |||
| Return on Equity (ROE) | ||||
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| Return on Assets (ROA) | ||||
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To see the full financial statements and ratios of MGB Fashions Private Limited, buy the company report.
Board of directors of MGB Fashions Private Limited
MGB Fashions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Barkat Ahmed Also directs: I B Garments Private Limited | Director | 05 Dec 2017 | 8 Years 11 Months | As last reported |
| Gopi Chand | Director | 05 Dec 2017 | 8 Years 11 Months | As last reported |
Peer comparison
MGB Fashions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Arena Organica Private Limited | ₹27.41 Lakh (FY 2024) | -50.0% | Sikar, Rajasthan, India | |||
| Thej Ambition Private Limited | ₹27.41 Lakh (FY 2022) | 144.0% | Coimbatore, Tamil Nadu, India | |||
| Unique Kitchen-Aids Private Limited | ₹27.41 Lakh (FY 2015) | -24.0% | New Delhi, Delhi, India | |||
| Rspa Iron & Steels Private Limited | ₹27.4 Lakh (FY 2020) | Siliguri, West Bengal, India | ||||
| Shooting Camp Farmers Producer Company Limited | ₹27.4 Lakh (FY 2024) | 77.0% | Cooch Behar, West Bengal, India | |||
| MGB Fashions Private Limitedthis company | ₹27.4 Lakh (FY 2021) | ₹61,046 | 2.2% | -8.0% | 1 | New Delhi, Delhi, India |
| Rakhraj Finvest Company Private Limited | ₹27.4 Lakh (FY 2025) | -84.0% | Punjab, India | |||
| Sparex Pvt Ltd | ₹27.4 Lakh (FY 2025) | -73.0% | Rajkot, Gujarat, India | |||
| HRM Global Ventures Private Limited | ₹27.39 Lakh (FY 2019) | Chennai, Tamil Nadu, India | ||||
| Yaduvir Dealers Private Limited | ₹27.39 Lakh (FY 2024) | -53.0% | Kolkata, West Bengal, India | |||
| Tusk Bitumin Trading Private Limited | ₹27.39 Lakh (FY 2024) | -100.0% | Gandhidham, Gujarat, India |
To see the full peer comparison of MGB Fashions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving MGB Fashions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for MGB Fashions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
MGB Fashions Private Limited has a workforce of 1 employees on its EPFO records as of Jun 2021, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2021-22 | 1 |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 |
To see the full employee and EPFO history of MGB Fashions Private Limited, buy the company report.
GST
No GST registration is on our record for MGB Fashions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
MGB Fashions Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Barkat Ahmed was appointed as Director on 05 Dec 2017.
Frequently asked questions
MGB Fashions has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
MGB Fashions was a private limited company based in New Delhi, Delhi, India. The company worked in articles of fur, within the chemicals industry. It was incorporated on 05 December 2017 and is registered under CIN U18209DL2017PTC326742. The company has been struck off by the Registrar of Companies and is no longer operational.
MGB Fashions had 2 directors:
- Barkat Ahmed - Director
- Gopi Chand - Director
The CIN (Corporate Identification Number) of MGB Fashions is U18209DL2017PTC326742. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of MGB Fashions is at B – 126 Ground Floor Okhla Industrial Area Phase 1 Near Police Station, New Delhi, Delhi, India – 110016.
MGB Fashions was incorporated on 05 December 2017. It is registered with the Registrar of Companies, Delhi.
The latest financial statements of MGB Fashions on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2018 are in the company report.
MGB Fashions operated in the chemicals industry, in the articles of fur segment. It worked in this industry before it was struck off.
The peers of MGB Fashions by revenue are Arena Organica Private Limited, Thej Ambition Private Limited, Unique Kitchen-Aids Private Limited, Rspa Iron & Steels Private Limited, Shooting Camp Farmers Producer Company Limited and 5 more, all in the same principal business activity (wholesale trading).
Barkat Ahmed was appointed as Director on 05 Dec 2017. Gopi Chand was appointed as Director on 05 Dec 2017.
The compliance status of MGB Fashions is compliant as of 08 July 2026.
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