MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-09-0017746
M.G.D. Electronics Private Limited
M.G.D. Electronics Private Limited - financial services in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹2.12 Cr
▼ 14% YoY
Net profit · FY 2025
₹4.82 Lakh
Net margin 2.3%
EBITDA · FY 2025
₹1.56 Cr
EBITDA margin 73.3%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹27.35 Lakh
Issued & subscribed
Open charges
₹5.6 Cr
Satisfied ₹11.65 Cr
Company age
23 yrs
Est. 2003
Directors on board
3
As per MCA filings
About M.G.D. Electronics Private Limited
Data last updated:
M.G.D. Electronics Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 08 July 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U32109GJ2003PTC042583. Its GSTIN is 24AADCM9639D1ZG (Gujarat).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹27.35 Lakh. It was formerly known as M.G.D. Electronics Limited. It is led by directors including Rajesh Rathi (Managing Director) and Manisha Rathi.
Its last annual general meeting (AGM) was held on 20 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at G – 02 Titenium Nr. Gajaraj Banglows Prahalad Nagar Vejalpur, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.12 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹4.82 Lakh (net margin 2.3%) and EBITDA of ₹1.56 Cr (EBITDA margin 73.3%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 16% over five years.
As per MCA filings, the company has open charges of ₹5.6 Cr and satisfied charges of ₹11.65 Cr on record. Court records list 38 cases involving the company, including 19 filed by the company and 19 filed against it; 3 cases are pending. The company has 7 deals on record (4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹8.63 Cr; the latest was in December 2011. Its 3 peer companies in the BFSI industry (Broking Services), with the same principal business activity (financial advisory, brokerage and consultancy services) are compared by revenue, 3 larger; the largest is BNR Stock Broking Private Limited with revenue of ₹2.13 Cr.
M.G.D. Electronics Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-09-0017746). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U32109GJ2003PTC042583
Registration Number 042583
Incorporation Date 08 July 2003
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-09-0017746
CIN history
M.G.D. Electronics has one previous CIN (Corporate Identification Number): U32109GJ2003PLC042583. The current CIN is U32109GJ2003PTC042583, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U32109GJ2003PTC042583 | Current |
| U32109GJ2003PLC042583 | Previous |
Recognitions & Rankings of M.G.D. Electronics
Contact details
M.G.D. Electronics Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressG – 02 Titenium Nr. Gajaraj Banglows Prahalad Nagar Vejalpur, Ahmedabad, Gujarat, India – 380015
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of M.G.D. Electronics Private Limited, buy the company report.
Comprehensive company report
M.G.D. Electronics Private Limited - one report that includes everything
- 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
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Business activity
The main business activities of M.G.D. Electronics are financial and insurance service and real estate. In detail, this covers financial advisory, brokerage and consultancy services and real estate activities with own or leased property. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services | |
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of M.G.D. Electronics Private Limited, buy the company report.
Financials of M.G.D. Electronics Private Limited
FY 2025 filings availableM.G.D. Electronics Private Limited reported revenue of ₹2.12 Cr (down 14% YoY) for FY 2025.
Revenue · FY 2025
₹2.12 Cr ▼ 14%
Net profit · FY 2025
₹4.82 Lakh margin 2.3%
EBITDA · FY 2025
₹1.56 Cr margin 73.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 14%
3 years · compounded
▲ 4%
5 years · compounded
▲ 16%
EBITDA CAGR growth
1 year
▼ 8%
3 years · compounded
▲ 13%
5 years · compounded
▲ 21%
Revenue fell 14% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 16%. EBITDA fell 8% 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 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 | ₹1.56 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.82 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 73.3% | ||||
| Net Profit Margin | 2.3% | ||||
| 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 | |||||
To see the full financial statements and ratios of M.G.D. Electronics Private Limited, buy the company report.
Board of directors of M.G.D. Electronics Private Limited
M.G.D. Electronics has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manisha Rathi Also directs: Seth Thakurdas Khinvraj Pvt Ltd | Director | 25 May 2015 | 11 Years 5 Months | Current |
| Vishnu Kumar Rathi Also directs: Seth Thakurdas Khinvraj Rathi LLP, Seth Mukunddas Vishnukumar Rathi LLP, Seth Thakurdas Khinvraj Pvt Ltd and 2 more | Director | 21 Aug 2006 | 20 Years 2 Months | Current |
| Rajesh Rathi | Managing Director | 01 Aug 2005 | 21 Years 3 Months | Current |
Peer comparison
M.G.D. Electronics Private Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Broking Services), with the same principal business activity (financial advisory, brokerage and consultancy services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| BNR Stock Broking Private Limited | ₹2.13 Cr (FY 2024) | 22.0% | Telangana, India | |||
| Essentia Business Private Limited | ₹2.13 Cr (FY 2025) | -8.0% | Chennai, Tamil Nadu, India | |||
| Masterline Finman Services Private Limited | ₹2.13 Cr (FY 2024) | 2.0% | Chandigarh, India | |||
| M.G.D. Electronics Private Limitedthis company | ₹2.12 Cr (FY 2025) | ₹4.82 Lakh | 2.3% | -14.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of M.G.D. Electronics Private Limited, buy the company report.
Auditor
M.G.D. Electronics Private Limited is audited by JWALIN NANAVATI & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JWALIN NANAVATI & CO | FY 2021 | 142829W |
Shareholding
The shareholding of M.G.D. Electronics Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of M.G.D. Electronics Private Limited, buy the company report.
Charges & borrowings
Open charges
₹5.6 Cr
Satisfied charges
₹11.65 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Sep 2022 | 100613314 | Others | ₹5.6 Cr | Open | |
| 08 Apr 2021 | 100433990 | Others | ₹3.9 Cr | Satisfied | |
| 27 Mar 2018 | 100171379 | Others | ₹4 Cr | Satisfied | |
| 11 Dec 2015 | 10607563 | Icici Bank Limited | ₹3.75 Cr | Satisfied |
To see the full charge records of M.G.D. Electronics Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
M.G.D. Electronics Private Limited has 7 deals on record (4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹8.63 Cr; the latest was in December 2011.
Total deals
7
Secondary share transfers
4
Funding rounds
3
Disclosed funding
₹8.63 Cr
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2011 | Funding round | ₹8.4 Cr | Investors: 2 individuals |
| Jan 2011 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Emmkae Trading Corporation Private Limited |
| Apr 2010 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Apr 2010 | Funding round | ₹3.1 Lakh | Investors: Emmkae Trading Corporation Private Limited |
| Apr 2009 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Rajesh Rathi & Company |
To see the full deal history of M.G.D. Electronics Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
M.G.D. Electronics Private Limited has 38 court cases on record: 19 filed by M.G.D. Electronics, 19 filed against it. 3 cases are pending and 35 are disposed.
Total cases
38
Filed by the company
19
Filed against the company
19
Pending
3
Disposed
35
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 20 | 11 | 0 |
| High courts | 17 | 7 | 3 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 38)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, GANDHINAGAR, Gujarat | Court case (CR RA) | Filed against the company by Yes Bank Ltd Through Its Authorised Officer Mr. Mohd. Noman Siddique | Disposed |
| High Court, GUJARAT | Court case (SCR.A) | Filed by the company against Yes Bank Limited and 2 others | Disposed |
| District court, GANDHINAGAR, Gujarat | Criminal miscellaneous application | Filed by the company against Yes Bank Ltd. and 2 others | Disposed |
| High Court, GUJARAT | Court case (SCR.A) | Filed against the company by Yes Bank Limited Thro' Mr Hemal Desai and 1 other | Disposed |
| High Court, GUJARAT | Court case (SCR.A) | Filed against the company by an individual | Pending |
To see the full case history of M.G.D. Electronics Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for M.G.D. Electronics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
M.G.D. Electronics has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCM9639D1ZG | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of M.G.D. Electronics Private Limited, buy the company report.
Recent activity
M.G.D. Electronics Private Limited has 4 board changes on record since 2005: 3 appointments and 1 cessation. The latest: Manisha Rathi ceased to be Additional Director on 30 Sep 2015.
AGM
M.G.D. Electronics Private Limited last Annual general meeting of members was held on 20 Sep 2025 as per latest MCA records.
Filing
M.G.D. Electronics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 560.00 Lakh registered on 26 Sep 2022 with Charge ID 100613314 was modified on 02 Jan 2024.
Charges
A charge registered on 08 Apr 2021 via Charge ID 100433990 with Others was fully satisfied on 01 Aug 2023.
Charges
A charge with Others amounted to Rs. 560.00 Lakh with Charge ID 100613314 was registered on 26 Sep 2022.
Charges
A charge registered on 27 Mar 2018 via Charge ID 100171379 with Others was fully satisfied on 19 Apr 2022.
Charges
A charge with Others amounted to Rs. 390.00 Lakh with Charge ID 100433990 was registered on 08 Apr 2021.
Charges
A charge with Others of Rs. 400.00 Lakh registered on 27 Mar 2018 with Charge ID 100171379 was modified on 30 Aug 2019.
Charges
A charge registered on 11 Dec 2015 via Charge ID 10607563 with Icici Bank Limited was fully satisfied on 22 Feb 2019.
Charges
A charge with Others amounted to Rs. 400.00 Lakh with Charge ID 100171379 was registered on 27 Mar 2018.
Charges
A charge with Icici Bank Limited amounted to Rs. 375.00 Lakh with Charge ID 10607563 was registered on 11 Dec 2015.
Ceased
Manisha Rathi ceased to be Additional Director.
4 earlier events are in the company report.
Frequently asked questions
M.G.D. Electronics is an active private limited company based in Ahmedabad, Gujarat, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 08 July 2003 (23+ years old) and is registered under CIN U32109GJ2003PTC042583.
M.G.D. Electronics has 3 current directors:
- Rajesh Rathi - Managing Director
- Manisha Rathi - Director
- Vishnu Kumar Rathi - Director
The latest financial statements of M.G.D. Electronics on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 20 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of M.G.D. Electronics is 24AADCM9639D1ZG, registered in Gujarat.
The CIN (Corporate Identification Number) of M.G.D. Electronics is U32109GJ2003PTC042583. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
M.G.D. Electronics has 38 court cases on record: 19 filed by the company and 19 filed against it. 3 are pending. Most are in the district courts.
M.G.D. Electronics was incorporated on 08 July 2003, making it 23+ years old. It is registered with the Registrar of Companies, Ahmedabad.
M.G.D. Electronics has 7 deals on record (4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹8.63 Cr; the latest was in December 2011.
The peers of M.G.D. Electronics by revenue are BNR Stock Broking Private Limited, Essentia Business Private Limited, Masterline Finman Services Private Limited, all in the BFSI industry (Broking Services), with the same principal business activity (financial advisory, brokerage and consultancy services).
Manisha Rathi ceased to be Additional Director on 30 Sep 2015. Manisha Rathi was appointed as Director on 25 May 2015. Vishnu Kumar Rathi was appointed as Director on 21 Aug 2006. M.G.D. Electronics has 4 board changes on record in total.
Yes, M.G.D. Electronics is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-09-0017746).
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