Mgk Bearings Limited - Company Profile

It is a machinery and equipment public limited company based in New Delhi, Delhi, India, established in 1991.
1991 New Delhi, Delhi, India Active
Last Updated:
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About Mgk Bearings Limited

Mgk Bearings Limited, a active public limited company, was established on 18 March 1991 in New Delhi, Delhi, India. Engaging in industrial tools & components within the machinery and equipment sector, it holds CIN: U74999DL1991PLC043526. Registered under ROC Roc Delhi. it is unlisted. It has an authorized capital of ₹1.50 M and a paid-up capital of ₹0.92 M.

It upholds a compliant status. Its leadership includes Kawaljit Singh Chandhok (Managing Director), Syed Mumtaz Hussain (Director), Gursharn Singh Kohli (Director). Past directors included Jaspal Singh, Harvinder Singh. It holds ₹2.20 Cr open charges and no settled loans. Its latest AGM occurred on 31 December 2020, with the balance sheet filed on 31 March 2020. It is based at Room No-1, Second Floor G-9/1, Lawrence Road Indl Area, New Delhi, Delhi, 110035.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U74999DL1991PLC043526

  • Registration Number

    043526

  • Incorporation Date

    18 March 1991

  • Authorized Capital

    ₹1.50 M

  • Paid-Up Capital

    ₹0.92 M

  • ROC Code

    Roc Delhi

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 0.92 M
  • Company Age 34 Year, 11 Months
  • Last Filing with ROC 31 Mar 2020
  • Open Charges ₹ 2.20 Cr
  • Revenue Growth **** -1.11%
  • Profit Growth **** -11.44%
  • Ebitda **** -9.60%
  • Net Worth 2.26%
  • Total Assets **** 9.74%
Company report

Mgk Bearings Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Mgk Bearings 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 Mgk Bearings Limited?
Current Directors
Name Designation Appointment Date Status
Kawaljit Singh Chandhok Managing Director 18 Mar 1991 Current
Syed Mumtaz Hussain Director 20 Oct 2010 Current
Gursharn Singh Kohli Director 20 Oct 2010 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 01 Jan 2011 Past
Pramod Abcsdd Director 01 Jan 2011 Past

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Financial Performance of Mgk Bearings.

Mgk Bearings Limited, for the financial year ended 2015, experienced Minor drop in revenue, with a 1.11% decrease. The company also saw a substantial fall in profitability, with a 11.44% decrease in profit. The company's net worth moved up by a moderate rise of 2.26%.

Mgk Bearings revenue growth over time
Mgk Bearings 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
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 -1.11%
*******
*******
*******
*******
Revenue from Operations
*******
 -0.66%
*******
*******
*******
*******
Total Assets
*******
 9.74%
*******
*******
*******
*******
Profit or Loss
*******
 -11.44%
*******
*******
*******
*******
Net Worth
*******
 2.26%
*******
*******
*******
*******
EBITDA
*******
 -9.60%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Mgk Bearings?

In 2017, Mgk Bearings had a promoter holding of 99.46% and a public holding of 0.54%. 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

₹22,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Punjab And Sind Bank : 1.70 Cr
  • Punjab & Sind Bank : 0.45 Cr
  • Panjab & Sind Bank : 0.05 Cr
Latest Charge Details
Date Lender Amount Status
24 Apr 2007 Punjab And Sind Bank ₹1.70 Cr Open
25 Sep 2004 Punjab & Sind Bank ₹3.50 M Open
25 Sep 2004 Punjab & Sind Bank ₹1.00 M Open
18 Aug 2003 Panjab & Sind Bank ₹0.50 M Open

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How Many Employees Work at Mgk Bearings?

Unlock and access historical data on people associated with Mgk Bearings, 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

Gain comprehensive insights into the Deals and Valuation data of Mgk Bearings, 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 Mgk Bearings's trajectory.

Rating
Graph displaying rating trends over time

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
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 Mgk Bearings
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Mgk Bearings Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Mgk Bearings Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Delhi. was completed.

  • Director Appointment

    The activity Syed Mumtaz Hussain was appointed as a Director was appointed as a Director on 20 Oct 2010 & has been associated with this company since 15 years 4 months . was completed.

  • Director Appointment

    The activity Gursharn Singh Kohli was appointed as a Director was appointed as a Director on 20 Oct 2010 & has been associated with this company since 15 years 4 months . was completed.

  • Charges

    The activity A charge with Punjab & Sind Bank of Rs. 3.50 M registered on 25 Sep 2004 with Charge ID 80045048 was modified on 17 Apr 2008. was completed.

  • Charges

    A charge with Punjab & Sind Bank of Rs. 1.00 M registered on 25 Sep 2004 with Charge ID 90063247 was modified on 17 Apr 2008. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Mgk Bearings Limited?

The CIN of Mgk Bearings Limited is U74999DL1991PLC043526.

Where is Mgk Bearings Limited headquartered?

Mgk Bearings Limited is headquartered at Room No-1, Second Floor G-9/1, Lawrence Road Indl Area, New Delhi, Delhi, 110035.

When was Mgk Bearings Limited incorporated?

Mgk Bearings Limited was incorporated on 18 March 1991.

Who are the current directors of Mgk Bearings Limited?

The current directors of Mgk Bearings Limited are

What is the primary industry of Mgk Bearings Limited?

The primary industry of Mgk Bearings Limited is Machinery And Equipment.

Is Mgk Bearings Limited a listed company?

Mgk Bearings Limited is unlisted.

What is the capital structure of Mgk Bearings Limited?

The authorized capital of Mgk Bearings Limited is ₹1.50 M, and the paid-up capital is ₹0.92 M.

What is the compliance status of Mgk Bearings Limited?

The compliance status of Mgk Bearings Limited is Compliant.

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