Mgm Forgings Bharat Private Limited

Mgm Forgings Bharat Private Limited - engineering in Mysore, Karnataka, India. FY 2026 financials and compliance.
CIN U27310KA2006PTC040237 Incorporated 18 August 2006 ROC Bangalore HQ Mysore, Karnataka, India
Active Private Limited Company engineering
Data last updated
Revenue · FY 2024
₹109.68 Cr
▼ 23.00% YoY
EBITDA · FY 2024
Locked
In full report
Net profit · FY 2024
Locked
In full report
Authorised capital
₹8 Cr
Registered with MCA
Paid-up capital
₹7.81 Cr
Issued & subscribed
Open charges
₹58.75 Cr
Satisfied ₹221.56 Cr
Company age
20 yrs
Est. 2006
Employees · EPFO
221
Latest available

About Mgm Forgings Bharat Private Limited

Data last updated: 30 December 2025

Mgm Forgings Bharat Private Limited is a private limited company based in Mysore, Karnataka, India, a subsidiary of 'Siderforgerossi Group S.R.L, Italy. It specialises in metal foundry and fabrication services, a part of the broader engineering sector. Incorporated on 18 August 2006, the company has been in operation for over 20 years.

Registered with ROC Bangalore under CIN U27310KA2006PTC040237.

Capital: an authorised share capital of ₹8 Cr and a paid-up capital of ₹7.81 Cr. Formerly known as Amw - Mgm Forgings Limited and Amw - Mgm Forgings Private Limited. It is led by directors including Padmanabhakalluraya Sarve Srinivasamurthy and Chinnathambi Rajendran.

Last AGM: 24 May 2024. Financial statements filed for year ended 31 March 2024. Office: No.82 – 84 Krs Road Metagalli Post, Mysore, Karnataka, India – 570016.

As per the financials filed for FY 2024, the company reported a revenue of ₹109.68 Cr, a decline of 23% compared to the previous year.

The company has a workforce of approximately 221 employees as per the latest available data. It operates as a subsidiary of 'Siderforgerossi Group S.R.L, Italy. Its group structure includes 2 subsidiaries.

The company is associated with 1 brand - Siderforgerossi India. As per MCA filings, the company has open charges of ₹58.75 Cr and satisfied charges of ₹221.56 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website siderforgerossiindia.com.

Company Details of Mgm Forgings Bharat Private Limited
CIN U27310KA2006PTC040237
Registration Number 040237
Incorporation Date 18 August 2006
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 24 May 2024
Date of Balance Sheet 31 March 2024
Parent Company 'Siderforgerossi Group S.R.L, Italy
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    No.82 – 84 Krs Road Metagalli Post, Mysore, Karnataka, India – 570016
  • Industry
    Engineering, Metal Foundry & Fabrication Services
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Financials, compliance, directors, charges, ownership and filings for Mgm Forgings Bharat Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

Name History of Mgm Forgings Bharat Private Limited

Mgm Forgings Bharat Private Limited has undergone 3 name changes throughout its history. The company was previously known as Amw - Mgm Forgings Limited, Amw - Mgm Forgings Private Limited, and Mgm Engineering Private Limited. The current legal name is Mgm Forgings Bharat Private Limited, reflecting the company's evolution and rebranding over time.

Company Name Status
Mgm Forgings Bharat Private Limited Current
Amw - Mgm Forgings Limited Previous
Amw - Mgm Forgings Private Limited Previous
Mgm Engineering Private Limited Previous

CIN History of Mgm Forgings Bharat Private Limited

Mgm Forgings Bharat Private Limited has one previous CIN (Corporate Identification Number): U27310KA2006PLC040237. The current CIN is U27310KA2006PTC040237, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
U27310KA2006PTC040237 Current
U27310KA2006PLC040237 Previous

Associated Brands with Mgm Forgings Bharat Private Limited

Mgm Forgings Bharat Private Limited operates one associated brand: SIDERFORGEROSSI INDIA. These brands represent Mgm Forgings Bharat Private Limited's diversified market presence and brand portfolio.

Brand Description Website
Provides forging manufacturing for automotive, oil, gas, defense, and heavy engineering sectors. siderforgerossiindia.com

Business Activity of Mgm Forgings Bharat Private Limited

Mgm Forgings Bharat Private Limited is engaged in the principal business activity of manufacturing, with detailed activities including metal and metal products.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
C Manufacturing C7 Metal and metal products Locked
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Auditor Details of Mgm Forgings Bharat Private Limited

Mgm Forgings Bharat Private Limited is audited by B S Ravikumar & Associates for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
B S Ravikumar & Associates Locked Locked Locked
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Complete auditor history for Mgm Forgings Bharat Private Limited

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Board of Directors of Mgm Forgings Bharat Private Limited

Mgm Forgings Bharat Private Limited is currently managed by 6 directors, with 26 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Padmanabhakalluraya Sarve Srinivasamurthy Additional Director 18 Jun 2024 2 Years 1 Months Current
Chinnathambi Rajendran Additional Director 18 Jun 2024 2 Years 1 Months Current
Vijayalakshmi Muralidhar Additional Director 06 Jul 2024 2 Years 1 Months Current
Badrinathan Kulur Varun Additional Director 06 Jul 2024 2 Years 1 Months Current
Anchit Donthi Anil Additional Director 06 Jul 2024 2 Years 1 Months Current
Tumpudi Muralidhar Bhagavat Additional Director 18 Jun 2024 2 Years 1 Months Current

Financials of Mgm Forgings Bharat Private Limited FY 2024 filings available

Mgm Forgings Bharat Private Limited reported revenue of ₹109.68 Cr (down 23.00% YoY) for FY 2024.

Revenue · FY 2024
₹109.68 Cr ▼ 23.00%
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Ten-year financial statements for Mgm Forgings Bharat Private Limited

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Ownership and Shareholding of Mgm Forgings Bharat Private Limited

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Shareholding and ownership data for Mgm Forgings Bharat Private Limited

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Group Structure of Mgm Forgings Bharat Private Limited

Mgm Forgings Bharat Private Limited has 2 subsidiary companies. This group structure data is as of FY 2023. The corporate group structure reflects Mgm Forgings Bharat Private Limited's business expansion strategy and organizational complexity.

2
Subsidiary companies
Key Subsidiaries
Company Name CIN Shares Held
Forge Tools (Mysore) Private Limited U28991KA1977PTC003128 Locked
Mgm - Pooja Buildtech Private Limited U45201KA2010PTC052391 Locked

Showing major subsidiaries. Total: 2.

Charges & Borrowings of Mgm Forgings Bharat Private Limited

Open charges
₹58.75 Cr
Satisfied charges
₹221.56 Cr
Breakdown by lending institutions
Others₹30.00 Cr
Hdfc Bank Limited₹28.75 Cr
Latest charge details
DateLenderAmountStatus
19 Feb 2025 Hdfc Bank Limited ₹28.75 Cr Open
21 Nov 2024 Others ₹30 Cr Open
04 Dec 2019 Axis Bank Limited ₹17.78 Cr Satisfied
15 Apr 2017 State Bank of India ₹18.75 Cr Satisfied
14 Apr 2017 Indian Overseas Bank ₹2.68 Cr Satisfied

Total charge records: 8 View all charges

Employees and EPFO Compliance at Mgm Forgings Bharat Private Limited

Mgm Forgings Bharat Private Limited has a workforce of 221 employees as of Apr 06, 2024.

Employee count
221
Active EPFO establishments
1
Employee growth
-10.89%
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Employee and EPFO history for Mgm Forgings Bharat Private Limited

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GST Compliance of Mgm Forgings Bharat Private Limited

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GST registrations and filing compliance for Mgm Forgings Bharat Private Limited

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Credit Ratings, Litigation & Regulatory Alerts for Mgm Forgings Bharat Private Limited

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Credit ratings, litigation, and regulatory alerts for Mgm Forgings Bharat Private Limited

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MSME Payment Delays by Mgm Forgings Bharat Private Limited

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MSME payment history for Mgm Forgings Bharat Private Limited

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Subsidiaries & Group Companies of Mgm Forgings Bharat Private Limited

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Corporate group structure for Mgm Forgings Bharat Private Limited

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MCA Filings & Documents of Mgm Forgings Bharat Private Limited

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MCA filings and documents for Mgm Forgings Bharat Private Limited

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Recent Activity on Mgm Forgings Bharat Private Limited

Charges
19 Feb 2025
A charge with Hdfc Bank Limited amounted to Rs. 28.75 Cr with Charge ID 101059092 was registered on 19 Feb 2025.
Charges
21 Nov 2024
A charge with Others amounted to Rs. 30.00 Cr with Charge ID 101016911 was registered on 21 Nov 2024.
Directors
06 Jul 2024
Vijayalakshmi Muralidhar was appointed as a Additional Director on 06 Jul 2024 & has been associated with this company since 2 years 1 month.
Directors
06 Jul 2024
Badrinathan Kulur Varun was appointed as a Additional Director on 06 Jul 2024 & has been associated with this company since 2 years 1 month.
Directors
06 Jul 2024
Anchit Donthi Anil was appointed as a Additional Director on 06 Jul 2024 & has been associated with this company since 2 years 1 month.
Charges
18 Jun 2024
A charge registered on 04 Dec 2019 via Charge ID 100310226 with Axis Bank Limited was fully satisfied on 18 Jun 2024.

Frequently Asked Questions about Mgm Forgings Bharat Private Limited

Mgm Forgings Bharat Private Limited is an active private limited company in the engineering sector based in Mysore, Karnataka, India. It was incorporated on 18 August 2006 (20+ years old) and is registered under CIN U27310KA2006PTC040237. The company has 221 employees.

Mgm Forgings Bharat Private Limited reported revenue of ₹109.68 Cr for FY 2024 (down 23.00% YoY).

The current directors of Mgm Forgings Bharat Private Limited are:

The primary industry of Mgm Forgings Bharat Private Limited is engineering. The company specifically operates in metal foundry and fabrication services. The company is currently active in this sector.

Mgm Forgings Bharat Private Limited can be reached at the registered office: No.82 – 84 Krs Road Metagalli Post, Mysore, Karnataka, India – 570016, or through the website siderforgerossiindia.com.

The authorised capital is ₹8 Cr, and the paid-up capital is ₹7.81 Cr.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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