Mgm Financiers Private Limited Company Logo

Mgm Financiers Private Limited - Company Profile

It is a financial services private limited company based in Ludhiana, Punjab, India, established in 1993.

1993 | Ludhiana, Punjab, India | Active
Last Updated:

About Mgm Financiers Private Limited

Mgm Financiers Private Limited, a active private limited company, was established on 29 October 1993 in Ludhiana, Punjab, India. Engaging in nbfc within the financial and insurance service sector, it holds CIN: U65921PB1993PTC013857. Registered under ROC Roc Chandigarh. it is unlisted. It has an authorized capital of ₹10.00 Cr and a paid-up capital of ₹7.56 Cr.

It upholds a compliant status. Its leadership includes Anchal Sood (Director), Harish Sood (Director), Ratul Mohindra (Director). Past directors included Rajinder Mohindra Paul, Gurmeet Kaur, Sukhwinder Singh. It holds ₹1.59 M open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 2566 A, Mukt Ashram Street, Jagat Nagar Basti Jodhewal,Ludhiana, Ludhiana, Punjab, 141007.

Company Details

  • CIN/LLPIN

    U65921PB1993PTC013857

  • Registration Number

    013857

  • Incorporation Date

    29 October 1993

  • Authorized Capital

    ₹10.00 Cr

  • Paid-Up Capital

    ₹7.56 Cr

  • ROC Code

    Roc Chandigarh

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 7.56 Cr
  • Company Age 32 Year, 28 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.59 M
  • Revenue Growth 167.38%
  • Profit Growth 571.24%
  • Ebitda 77.18%
  • Net Worth 59.12%
  • Total Assets 79.39%
Company report

Mgm Financiers Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Mgm Financiers 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 Mgm Financiers Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Anchal SoodDirector05 Nov 2018Current
Harish SoodDirector09 Feb 2023Current
Ratul MohindraDirector13 Jan 2020Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddCeo(Kmp)17 Oct 2022Past
Pramod AbcsddDirector03 Apr 2019Past
Pramod AbcsddDirector05 Feb 2024Past
Pramod AbcsddDirector05 Feb 2024Past
Pramod AbcsddAdditional Director30 Sep 2019Past
Pramod AbcsddAdditional Director16 Sep 2020Past

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Financial Performance of Mgm Financiers.

Mgm Financiers Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 167.38% increase. The company also saw a substantial improvement in profitability, with a 571.24% increase in profit. The company's net worth Soared by an impressive increase of 59.12%.

Mgm Financiers revenue growth over time
Mgm Financiers profit and loss trends over time
  • 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
167.38%
Revenue from Operations
165.63%
Total Assets
79.39%
Profit or Loss
571.24%
Net Worth
59.12%
EBITDA
77.18%

What is the Ownership and Shareholding Structure of Mgm Financiers?

In 2022, Mgm Financiers had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹1,585,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 0.16 Cr

Latest Charge Details

DateLenderAmountStatus
16 Aug 2025Others₹1.59 MOpen

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How Many Employees Work at Mgm Financiers?

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Employee growth trends for Mgm Financiers Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mgm Financiers, 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 Mgm Financiers's trajectory.

Rating

Graph displaying rating trends over time

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Alerts

Alert Indicator

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Latest Updates, News, and FAQs on Mgm Financiers

Recent Activity within the Organization

  • Charges

    Progress on A charge with Others amounted to Rs. 0.16 Cr with Charge ID 101161081 was registered on 16 Aug 2025. was documented.

  • Annual General Meeting

    Progress on Mgm Financiers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Mgm Financiers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh. was completed.

  • Director Appointment

    Progress on Harish Sood was appointed as a Director was appointed as a Director on 09 Feb 2023 & has been associated with this company since 2 years 9 months . was documented.

  • Director Appointment

    Progress on Kushinder Paul Mohindra was appointed as a CEO was appointed as a CEO on 17 Oct 2022 & has been associated with this company since 3 years 1 month . was documented.

  • Director Appointment

    Progress on Ratul Mohindra was appointed as a Director was appointed as a Director on 13 Jan 2020 & has been associated with this company since 5 years 10 months . was documented.

Frequently Asked Questions

  • What is the CIN of Mgm Financiers Private Limited?

    The CIN of Mgm Financiers Private Limited is U65921PB1993PTC013857.

  • Where is Mgm Financiers Private Limited headquartered?

    Mgm Financiers Private Limited is headquartered at 2566 A, Mukt Ashram Street, Jagat Nagar Basti Jodhewal,Ludhiana, Ludhiana, Punjab, 141007.

  • When was Mgm Financiers Private Limited incorporated?

    Mgm Financiers Private Limited was incorporated on 29 October 1993.

  • Who are the current directors of Mgm Financiers Private Limited?

    The current directors of Mgm Financiers Private Limited are

  • What is the primary industry of Mgm Financiers Private Limited?

    The primary industry of Mgm Financiers Private Limited is Financial And Insurance Service.

  • Is Mgm Financiers Private Limited a listed company?

    Mgm Financiers Private Limited is unlisted.

  • What is the capital structure of Mgm Financiers Private Limited?

    The authorized capital of Mgm Financiers Private Limited is ₹10.00 Cr, and the paid-up capital is ₹7.56 Cr.

  • What is the compliance status of Mgm Financiers Private Limited?

    The compliance status of Mgm Financiers Private Limited is Compliant.

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