M.G.Metals Private Limited
About M.G.Metals Private Limited
Data last updated:
M.G.Metals Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 13 March 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74110KA1989PTC009907. Its GSTIN is 29AABCM1335Q1Z4 (Karnataka).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹77.3 Lakh. It is led by directors Neerajkumar Mittal and Aarti Mittal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.406 Ivth Phase Peenya Industrial Area Bangalore, Karnataka, India – 560058.
As per the financials filed for FY 2022, the company reported a revenue of ₹87.27 Lakh, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹54.4 Lakh (net margin 62.3%) and EBITDA of -₹18.03 Lakh (EBITDA margin -20.7%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 54% over five years.
As per MCA filings, the company has open charges of ₹18.51 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressNo.406 Ivth Phase Peenya Industrial Area Bangalore, Karnataka, India – 560058
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
- 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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Financials of M.G.Metals Private Limited FY 2025 filings available
M.G.Metals Private Limited reported revenue of ₹87.27 Lakh (up 1% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of M.G.Metals Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 54% over five years, including 1% growth 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 of M.G.Metals Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹87.27 Lakh | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹18.03 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹54.4 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 of M.G.Metals Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -20.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 62.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of M.G.Metals are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of M.G.Metals Private Limited
M.G.Metals Private Limited is audited by SHARMA AND PAGARIA for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHARMA AND PAGARIA | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of M.G.Metals Private Limited
M.G.Metals has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neerajkumar Mittal Also directs: Techavon Industry LLP, Archidply Decor Limited, Plasmix Innovations Private Limited and 1 more | Director | 10 Jan 1999 | 27 Years 9 Months | Current |
| Aarti Mittal | Additional Director | 25 Feb 2022 | 4 Years 7 Months | Current |
Ownership and Shareholding of M.G.Metals Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of M.G.Metals Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Jul 2024 | Others | ₹18.5 Cr | Open |
| 26 Dec 1990 | Union Bank of India | ₹45,000 | Open |
| 26 Dec 1990 | Union Bank of India | ₹1 Lakh | Open |
Total charge records: 3 View all charges
Employees and EPFO Compliance at M.G.Metals Private Limited
Employment history and EPFO contributions of people linked to M.G.Metals.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of M.G.Metals Private Limited
M.G.Metals has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74110KA1989PTC009907, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110KA1989PTC009907 | Current |
| U29309KA1989PTC009907 | Previous |
| U85110KA1989PTC009907 | Previous |
Recent Activity on M.G.Metals Private Limited
M.G.Metals Private Limited has 3 board changes on record since 1999: 2 appointments and 1 cessation. The latest: Aarti Mittal was appointed as Additional Director on 25 Feb 2022.
Credit Ratings, Litigation & Regulatory Alerts for M.G.Metals Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by M.G.Metals Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of M.G.Metals Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of M.G.Metals Private Limited
M.G.Metals has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCM1335Q1Z4 | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of M.G.Metals Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about M.G.Metals Private Limited
M.G.Metals is an active private limited company based in Bangalore, Karnataka, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 13 March 1989 (37+ years old) and is registered under CIN U74110KA1989PTC009907.
M.G.Metals reported revenue of ₹87.27 Lakh for FY 2022 (up 1% YoY).
M.G.Metals has 2 current directors:
- Neerajkumar Mittal - Director
- Aarti Mittal - Additional Director
M.G.Metals reported a net profit of ₹54.4 Lakh (net margin 62.3%) and EBITDA of -₹18.03 Lakh (EBITDA margin -20.7%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of M.G.Metals is -29% over three years and 54% over five years. In the latest year (FY 2022) revenue rose 1%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of M.G.Metals is 29AABCM1335Q1Z4, registered in Karnataka.
The CIN (Corporate Identification Number) of M.G.Metals is U74110KA1989PTC009907. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
M.G.Metals was incorporated on 13 March 1989, making it 37+ years old. It is registered with the Registrar of Companies, Bangalore.
Aarti Mittal was appointed as Additional Director on 25 Feb 2022. Jagdish Mittal Rai ceased to be Director on 24 Feb 2022. Neerajkumar Mittal was appointed as Director on 10 Jan 1999.
The registered office of M.G.Metals is at No.406 Ivth Phase Peenya Industrial Area Bangalore, Karnataka, India – 560058.