MGS Sales Private Limited

MGS Sales Private Limited - automotive in Lucknow, Uttar Pradesh, India. FY 2026 financials & compliance.
CIN U50102UP2011PTC045160 Incorporated 06 June 2011 ROC Kanpur HQ Lucknow, Uttar Pradesh, India
Active Private Limited Company automotive MSME · Medium
Data last updated
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 of MGS Sales Private Limited
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
Key People
Shivani Gupta Director Vipin Sharma Director Divas Gupta Director

Recognitions & Rankings of MGS Sales

MSME (Udyam registered) Ministry of MSME
Category
Medium (2023-24)
Udyam number
UDYAM-UP-50-0009654
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    11 M.G. Marg Hazaratganj, Lucknow, Uttar Pradesh, India – 226001
  • Industry
    Automotive, Auto Dealership & Trading
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Financials, compliance, directors, charges, ownership and filings for MGS Sales Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of MGS Sales Private Limited

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 CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
GTradeG2Retail TradingLocked
HTransport and storageH5Services incidental to land, water & air transportationLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

  • Turnover contribution
  • Historical classifications
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Financials of MGS Sales Private Limited FY 2024 filings available

MGS 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) of MGS Sales Private Limited

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 of MGS Sales Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations••••••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue••••••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA₹7.33 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹4.54 Cr••••••••••••••••
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 MGS Sales Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin11.9%••••••••••••••••
Net Profit Margin7.4%••••••••••••••••
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 MGS Sales are in the company report.

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Financial statements from 2015

Earlier years and trend charts are in the company report.

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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
NameDesignationAppointment DateTenureStatus
Shivani Gupta
Also directs: MGS Auto Fab Private Limited, MGS Fab Equipments Private Limited, Arbitauto Infra Private Limited and 3 more
Director06 Jun 201115 Years 4 MonthsCurrent
Vipin SharmaDirector21 Jul 201511 Years 2 MonthsCurrent
Divas Gupta
Also directs: MGS Auto Fab Private Limited, MGS Fab Equipments Private Limited, Arbitauto Infra Private Limited and 4 more
Director15 Nov 201114 Years 11 MonthsCurrent
Raghav Gupta
Also directs: MGS Auto Fab Private Limited, MGS Fab Equipments Private Limited, Arbitauto Infra Private Limited and 4 more
Director05 Dec 20232 Years 10 MonthsCurrent
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Peer Comparison of MGS Sales Private Limited

MGS Sales Private Limited is compared with the companies closest to it by revenue in the Automobiles industry (Auto and Components Dealers). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Arth Concepts India Private Limited₹61.77 Cr (FY 2025)••••••••2102.0%••••New Delhi, Delhi, India
Rithwik Automobiles Private Limited₹61.69 Cr (FY 2025)••••••••32.0%••••Guntur, Andhra Pradesh, India
Kaysons Infrastructure Private Limited₹61.67 Cr (FY 2025)••••••••-2.0%••••Siliguri, West Bengal, India
Rajdeep Automotives Private Limited₹61.6 Cr (FY 2024)••••••••146.0%••••Medchal, Telangana, India
Balaji Auto Commercial Vehicles Private Limited₹61.58 Cr (FY 2025)••••••••18.0%••••Mumbai, Maharashtra, India
MGS Sales Private Limited this company₹61.54 Cr (FY 2024)••••••••-47.0%••••Lucknow, Uttar Pradesh, India
Gaurish Industries Private Limited₹61.49 Cr (FY 2024)••••••••4.0%••••Ludhiana, Punjab, 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
Vikas Trade Links Private Limited₹61.24 Cr (FY 2024)••••••••344.0%••••Bangalore, Karnataka, India
Mahadeva Cars Private Limited₹61.18 Cr (FY 2025)••••••••-26.0%••••Raipur, Chhattisgarh, India

Peers are the five companies nearest above and the five nearest below MGS Sales by revenue in the Automobiles industry (Auto and Components Dealers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of MGS Sales Private Limited

MGS Sales Private Limited is audited by GOEL ATUL & CO. for the financial year 2023.

NameStatusAppointment DateCessation Date
GOEL ATUL & CO.LockedLockedLocked
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Ownership and Shareholding of MGS Sales Private Limited

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Charges & Borrowings of MGS Sales Private Limited

Open charges
₹96.73 Cr
Satisfied charges
₹16.84 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹94.48 Cr
Others₹2.25 Cr
Latest charge details
DateLenderAmountStatus
28 Feb 2025Hdfc Bank Limited₹26.43 LakhOpen
23 Oct 2024Others₹2.25 CrOpen
17 Aug 2015Hdfc Bank Limited₹94.21 CrOpen
13 Sep 2023Hdfc Bank Limited₹19.87 LakhSatisfied
19 Sep 2014Kotak Mahindra Bank Limited₹1.5 CrSatisfied

Total charge records: 8 View all charges

MSME Payment Delays by MGS Sales Private Limited

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)

SupplierAmount dueDue sinceReported on
Garga Marketing••••••••••••
an individual supplier••••••••••••
an individual supplier••••••••••••
Alfa Airconditioners••••••••••••
an individual supplier••••••••••••
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Full MSME payment history

Every supplier, amount and due date from all 2 MSME Form 1 returns is in the company report.

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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.

Employees and EPFO Compliance at MGS Sales Private Limited

MGS Sales Private Limited has a workforce of 54 employees as of Apr 09, 2024.

Employee count
54
Active EPFO establishments
1
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Group Structure of MGS Sales Private Limited

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 NameCINShares Held
Savgrp Agri Foods Private LimitedU15400UP2018PTC102321Locked

Showing major subsidiaries. Total: 1.

Recent Activity on MGS Sales Private Limited

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 listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for MGS Sales Private Limited

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Subsidiaries & Group Companies of MGS Sales Private Limited

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GST Compliance of MGS Sales Private Limited

MGS Sales has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
09AAHCM2486Q1ZMUttar PradeshActive01 Jul 2017
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MCA Filings & Documents of MGS Sales Private Limited

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Frequently Asked Questions about MGS Sales Private Limited

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 reported revenue of ₹61.54 Cr for FY 2024 (down 47% YoY).

MGS Sales has 4 current directors:

MGS Sales reported a net profit of ₹4.54 Cr (net margin 7.4%) and EBITDA of ₹7.33 Cr (EBITDA margin 11.9%) for FY 2024, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of MGS Sales is -28% over three years and -15% over five years. In the latest year (FY 2024) revenue fell 47%. CAGR is the steady yearly rate that links the first and the last year.

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 Arth Concepts India Private Limited, Rithwik Automobiles Private Limited, Kaysons Infrastructure Private Limited, Rajdeep Automotives Private Limited, Balaji Auto Commercial Vehicles Private Limited and 5 more, all in the Automobiles industry (Auto and Components Dealers).

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).

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