MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-UP-50-0009654
MGS Sales Private Limited
MGS Sales Private Limited - automotive in Lucknow, Uttar Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹61.54 Cr
▼ 47% YoY
Net profit · FY 2024
₹4.54 Cr
Net margin 7.4%
EBITDA · FY 2024
₹7.33 Cr
EBITDA margin 11.9%
Authorised capital
₹2.5 Cr
Registered with MCA
Paid-up capital
₹2.5 Cr
Issued & subscribed
Open charges
₹96.73 Cr
Satisfied ₹16.84 Cr
Company age
15 yrs
Est. 2011
Employees · EPFO
54
Provident fund records
About MGS Sales Private Limited
Data last updated:
MGS Sales Private Limited is a private limited company based in Lucknow, Uttar Pradesh, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 06 June 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U50102UP2011PTC045160. Its GSTIN is 09AAHCM2486Q1ZM (Uttar Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.5 Cr. It is led by directors including Shivani Gupta and Vipin Sharma.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 11 M.G. Marg Hazaratganj, Lucknow, Uttar Pradesh, India – 226001.
As per the financials filed for FY 2024, the company reported a revenue of ₹61.54 Cr, a decline of 47% compared to the previous year. For the same year it recorded a net profit of ₹4.54 Cr (net margin 7.4%) and EBITDA of ₹7.33 Cr (EBITDA margin 11.9%). Revenue has declined at a compounded annual rate (CAGR) of 28% over three years and 15% over five years.
The company has about 54 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹96.73 Cr and satisfied charges of ₹16.84 Cr on record. Court records list 37 cases involving the company, including 4 filed by the company and 33 filed against it; 23 cases are pending.
MGS Sales Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-50-0009654). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U50102UP2011PTC045160
Registration Number 045160
Incorporation Date 06 June 2011
ROC Kanpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-UP-50-0009654
Recognitions & Rankings of MGS Sales
Contact details
MGS Sales Private Limited's registered office is in Lucknow, Uttar Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address11 M.G. Marg Hazaratganj, Lucknow, Uttar Pradesh, India – 226001
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of MGS Sales Private Limited, buy the company report.
Comprehensive company report
MGS Sales Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activities of MGS Sales are trade and transport and storage. In detail, this covers retail trading and services incidental to land, water & air transportation. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | |
| H | Transport and storage | H5 | Services incidental to land, water & air transportation |
To see the full business activity and turnover split of MGS Sales Private Limited, buy the company report.
Financials of MGS Sales Private Limited
FY 2024 filings availableMGS Sales Private Limited reported revenue of ₹61.54 Cr (down 47% YoY) for FY 2024.
Revenue · FY 2024
₹61.54 Cr ▼ 47%
Net profit · FY 2024
₹4.54 Cr margin 7.4%
EBITDA · FY 2024
₹7.33 Cr margin 11.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 47%
3 years · compounded
▼ 28%
5 years · compounded
▼ 15%
EBITDA CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 31%
5 years · compounded
▲ 14%
Revenue has declined at a compounded annual rate (CAGR) of 15% over five years, including a 47% fall in the latest year. EBITDA rose 14% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹7.33 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.54 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.9% | ||||
| Net Profit Margin | 7.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of MGS Sales Private Limited, buy the company report.
Board of directors of MGS Sales Private Limited
MGS Sales has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shivani Gupta Also directs: MGS Auto Fab Private Limited, MGS Fab Equipments Private Limited, Arbitauto Infra Private Limited and 3 more | Director | 06 Jun 2011 | 15 Years 4 Months | Current |
| Vipin Sharma | Director | 21 Jul 2015 | 11 Years 3 Months | Current |
| Divas Gupta Also directs: MGS Auto Fab Private Limited, MGS Fab Equipments Private Limited, Arbitauto Infra Private Limited and 4 more | Director | 15 Nov 2011 | 14 Years 11 Months | Current |
| Raghav Gupta Also directs: MGS Auto Fab Private Limited, MGS Fab Equipments Private Limited, Arbitauto Infra Private Limited and 4 more | Director | 05 Dec 2023 | 2 Years 10 Months | Current |
Peer comparison
MGS Sales Private Limited is compared with the 4 companies closest to it by revenue in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kaysons Infrastructure Private Limited | ₹61.67 Cr (FY 2025) | -2.0% | Siliguri, West Bengal, India | |||
| Balaji Auto Commercial Vehicles Private Limited | ₹61.58 Cr (FY 2025) | 18.0% | Mumbai, Maharashtra, India | |||
| MGS Sales Private Limitedthis company | ₹61.54 Cr (FY 2024) | ₹4.54 Cr | 7.4% | -47.0% | 54 | Lucknow, Uttar Pradesh, India |
| Flyga Auto Private Limited | ₹61.38 Cr (FY 2024) | 24.0% | Pune, Maharashtra, India | |||
| Sri Jayalakshmi Trading Private Limited | ₹61.36 Cr (FY 2024) | 36.0% | Hyderabad, Telangana, India |
To see the full peer comparison of MGS Sales Private Limited, buy the company report.
Auditor
MGS Sales Private Limited is audited by GOEL ATUL & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GOEL ATUL & CO. | FY 2023 | 013280C |
Shareholding
The shareholding of MGS Sales Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of MGS Sales Private Limited, buy the company report.
Charges & borrowings
Open charges
₹96.73 Cr
Satisfied charges
₹16.84 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Feb 2025 | 101088053 | Hdfc Bank Limited | ₹26.43 Lakh | Open | |
| 23 Oct 2024 | 101001392 | Others | ₹2.25 Cr | Open | |
| 17 Aug 2015 | 10598257 | Hdfc Bank Limited | ₹94.21 Cr | Open | |
| 13 Sep 2023 | 100810890 | Hdfc Bank Limited | ₹19.87 Lakh | Satisfied | |
| 19 Sep 2014 | 10521054 | Kotak Mahindra Bank Limited | ₹1.5 Cr | Satisfied |
To see the full charge records of MGS Sales Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
MGS Sales Private Limited has 37 court cases on record: 4 filed by MGS Sales, 33 filed against it. 23 cases are pending and 14 are disposed.
Total cases
37
Filed by the company
4
Filed against the company
33
Pending
23
Disposed
14
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 35 | 33 | 21 |
| High courts | 2 | 0 | 2 |
Cases on record (5 of 37)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Lucknow, Uttar Pradesh | Criminal case | Filed against the company by State of Up | Pending |
| Allahabad High Court | Writ petition | Filed by the company against State of U.P. Thru. Secy. Deptt. of Housing and Urban Planning U.P. Lko. and 5 Others | Pending |
| District court, Agra, Uttar Pradesh | Criminal miscellaneous application | Filed against the company by Up State | Pending |
| Allahabad High Court | Writ petition | Filed by the company against Union of India Thru. Secy. Ministry of Road Transport and Highways Govt. India, New Delhi and Ors | Pending |
| District court, Etawah, Uttar Pradesh | Criminal case | Filed against the company by State Government | Disposed |
To see the full case history of MGS Sales Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
MGS Sales Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2022, listing 12 overdue payments to 6 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 6)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Garga Marketing | |||
| an individual supplier | |||
| an individual supplier | |||
| Alfa Airconditioners | |||
| an individual supplier |
To see the full MSME payment records of MGS Sales Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
MGS Sales has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Savgrp Agri Foods Private Limited | U15400UP2018PTC102321 |
To see the full group structure of MGS Sales Private Limited, buy the company report.
Employees & EPFO
MGS Sales Private Limited has a workforce of 54 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
54
Active EPFO establishments
1
GST
MGS Sales has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAHCM2486Q1ZM | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of MGS Sales Private Limited, buy the company report.
Recent activity
MGS Sales Private Limited has 8 board changes on record since 2011: 4 appointments and 4 cessations. The latest: Raghav Gupta was appointed as Director on 05 Dec 2023.
Charges
A charge with Hdfc Bank Limited of Rs. 94.21 Cr registered on 17 Aug 2015 with Charge ID 10598257 was modified on 28 Nov 2025.
Charges
A charge registered on 13 Sep 2023 via Charge ID 100810890 with Hdfc Bank Limited was fully satisfied on 08 Jul 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.26 Cr with Charge ID 101088053 was registered on 28 Feb 2025.
Charges
A charge with Others amounted to Rs. 2.25 Cr with Charge ID 101001392 was registered on 23 Oct 2024.
AGM
Mgs Sales Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Mgs Sales Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur.
Appointed
Raghav Gupta was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.20 Cr with Charge ID 100810890 was registered on 13 Sep 2023.
Ceased
Raghav Gupta ceased to be Director.
Ceased
Rahul Gupta ceased to be Director.
Charges
A charge registered on 19 Sep 2014 via Charge ID 10521054 with Kotak Mahindra Bank Limited was fully satisfied on 26 Feb 2016.
Charges
A charge registered on 22 Oct 2013 via Charge ID 10457594 with Tata Capital Financial Services Limited was fully satisfied on 16 Dec 2015.
14 earlier events are in the company report.
Frequently asked questions
MGS Sales is an active private limited company based in Lucknow, Uttar Pradesh, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 06 June 2011 (15+ years old) and is registered under CIN U50102UP2011PTC045160.
MGS Sales has 4 current directors:
- Shivani Gupta - Director
- Vipin Sharma - Director
- Divas Gupta - Director
- Raghav Gupta - Director
The latest financial statements of MGS Sales on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of MGS Sales is 09AAHCM2486Q1ZM, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of MGS Sales is U50102UP2011PTC045160. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MGS Sales has 37 court cases on record: 4 filed by the company and 33 filed against it. 23 are pending. Most are in the district courts.
MGS Sales was incorporated on 06 June 2011, making it 15+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of MGS Sales by revenue are Kaysons Infrastructure Private Limited, Balaji Auto Commercial Vehicles Private Limited, Flyga Auto Private Limited, Sri Jayalakshmi Trading Private Limited, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading).
Raghav Gupta was appointed as Director on 05 Dec 2023. Raghav Gupta ceased to be Director on 18 Dec 2021. Rahul Gupta ceased to be Director on 05 Dec 2016. MGS Sales has 8 board changes on record in total.
Yes, MGS Sales is registered as a medium enterprise under Udyam registration (number: UDYAM-UP-50-0009654).
MGS Sales has 2 MSME Form 1 returns on record for the period ending Mar 2022, listing 12 overdue payments to 6 micro and small suppliers. The latest return was filed on 30 Aug 2023.
The registered office of MGS Sales is at 11 M.G. Marg Hazaratganj, Lucknow, Uttar Pradesh, India – 226001.