Mgs Sales Private Limited Company Logo

Mgs Sales Private Limited - Company Profile

It is a automotive private limited company based in Lucknow, Uttar Pradesh, India, established in 2011.

2011 | Lucknow, Uttar Pradesh, India | Active
Last Updated:

About Mgs Sales Private Limited

Mgs Sales Private Limited, a active private limited company, was established on 06 June 2011 in Lucknow, Uttar Pradesh, India. Engaging in auto dealership & trading within the trade sector, it holds CIN: U50102UP2011PTC045160. Registered under ROC Roc Kanpur. it is unlisted. It has an authorized capital of ₹2.50 Cr and a paid-up capital of ₹2.50 Cr.

It upholds a compliant status. Employing 54 professional, Its leadership includes Shivani Gupta (Director), Vipin Sharma (Director), Divas Gupta (Director). Past directors included Vipin Sharma, Rahul Gupta, Divas Gupta. It holds ₹94.22 Cr open charges and ₹16.84 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 11 M.G. Marg Hazaratganj, Lucknow, Uttar Pradesh, 226001.

Company Details

  • CIN/LLPIN

    U50102UP2011PTC045160

  • Registration Number

    045160

  • Incorporation Date

    06 June 2011

  • Authorized Capital

    ₹2.50 Cr

  • Paid-Up Capital

    ₹2.50 Cr

  • ROC Code

    Roc Kanpur

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 2.50 Cr
  • Company Age 14 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 94.22 Cr
  • Satisfied Charges ₹ 16.84 Cr
  • Revenue Growth -32.04%
  • Profit Growth 12.40%
  • Ebitda 15.15%
  • Net Worth 34.37%
  • Total Assets 12.71%
Company report

Mgs Sales Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Mgs Sales 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 Mgs Sales Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Shivani GuptaDirector06 Jun 2011Current
Vipin SharmaDirector21 Jul 2015Current
Divas GuptaDirector15 Nov 2011Current
Raghav GuptaDirector05 Dec 2023Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director30 Sep 2015Past
Pramod AbcsddDirector05 Dec 2016Past
Pramod AbcsddAdditional Director29 Sep 2012Past
Pramod AbcsddDirector18 Dec 2021Past

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Financial Performance of Mgs Sales.

Mgs Sales Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 32.04% decrease. The company also saw a substantial improvement in profitability, with a 12.4% increase in profit. The company's net worth Soared by an impressive increase of 34.37%.

Mgs Sales revenue growth over time
Mgs Sales 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
-32.04%
Revenue from Operations
-31.90%
Total Assets
12.71%
Profit or Loss
12.40%
Net Worth
34.37%
EBITDA
15.15%

What is the Ownership and Shareholding Structure of Mgs Sales?

In 2023, Mgs Sales had a promoter holding of 84.90% and a public holding of 15.10%. The company had 1 Subsidiary. 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

₹942,202,000.00

Satisfied Charges

₹168,397,396.00

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 91.97 Cr
  • Others : 2.25 Cr

Latest Charge Details

DateLenderAmountStatus
28 Feb 2025Hdfc Bank Limited₹2.64 MOpen
23 Oct 2024Others₹2.25 CrOpen
17 Aug 2015Hdfc Bank Limited₹91.71 CrOpen
13 Sep 2023Hdfc Bank Limited₹1.99 MSatisfied
19 Sep 2014Kotak Mahindra Bank Limited₹1.50 CrSatisfied

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How Many Employees Work at Mgs Sales?

Mgs Sales has a workforce of 54 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Mgs Sales Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mgs Sales, 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 Mgs Sales'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.

Latest Updates, News, and FAQs on Mgs Sales

Recent Activity within the Organization

  • Charges

    The activity A charge registered on 13 Sep 2023 via Charge ID 100810890 with Hdfc Bank Limited was fully satisfied on 08 Jul 2025. was completed.

  • Charges

    Progress on A charge with Hdfc Bank Limited amounted to Rs. 0.26 Cr with Charge ID 101088053 was registered on 28 Feb 2025. was documented.

  • Charges

    Progress on A charge with Others amounted to Rs. 2.25 Cr with Charge ID 101001392 was registered on 23 Oct 2024. was documented.

  • Annual General Meeting

    The activity Mgs Sales Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 91.71 Cr registered on 17 Aug 2015 with Charge ID 10598257 was modified on 29 Jul 2024. was recorded as a recent event.

  • Balance Sheet

    The activity Mgs Sales Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur. was completed.

Frequently Asked Questions

  • What is the CIN of Mgs Sales Private Limited?

    The CIN of Mgs Sales Private Limited is U50102UP2011PTC045160.

  • Where is Mgs Sales Private Limited headquartered?

    Mgs Sales Private Limited is headquartered at 11 M.G. Marg Hazaratganj, Lucknow, Uttar Pradesh, 226001.

  • When was Mgs Sales Private Limited incorporated?

    Mgs Sales Private Limited was incorporated on 06 June 2011.

  • Who are the current directors of Mgs Sales Private Limited?

    The current directors of Mgs Sales Private Limited are

  • What is the primary industry of Mgs Sales Private Limited?

    The primary industry of Mgs Sales Private Limited is Trade.

  • Is Mgs Sales Private Limited a listed company?

    Mgs Sales Private Limited is unlisted.

  • What is the capital structure of Mgs Sales Private Limited?

    The authorized capital of Mgs Sales Private Limited is ₹2.50 Cr, and the paid-up capital is ₹2.50 Cr.

  • What is the compliance status of Mgs Sales Private Limited?

    The compliance status of Mgs Sales Private Limited is Compliant.

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