Mgx-247 Logistics Private Limited - Company Profile

It is a transport and logistics private limited company based in Chennai, Tamil Nadu, India, established in 2013.
2013 Chennai, Tamil Nadu, India Active
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About Mgx-247 Logistics Private Limited

Mgx-247 Logistics Private Limited, a active private limited company, was established on 24 June 2013 in Chennai, Tamil Nadu, India. Engaging in integrated & diversified logistics services within the support service to organizations sector, it holds CIN: U74999TN2013PTC091798. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹7.65 M.

Formerly known as Agx Logistics India Private Limited, Mgx-247 Logistics Private Limited. It upholds a compliant status. Employing 51 professional, Its leadership includes Sruthi Magesh (Whole-Time Director), Magesh Shyam (Whole-Time Director). Past directors included Narayanaswamy Magesh, Sruthi Magesh, Magesh Rajathi. It holds ₹16.52 Cr open charges and ₹1.09 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at New No. 36, Old No. 73, West Madha Church Road Royapuram, Chennai, Tamil Nadu, 600013.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U74999TN2013PTC091798

  • Registration Number

    091798

  • Incorporation Date

    24 June 2013

  • Authorized Capital

    ₹1.00 Cr

  • Paid-Up Capital

    ₹7.65 M

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 7.65 M
  • Company Age 12 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 16.52 Cr
  • Satisfied Charges ₹ 1.09 Cr
  • Revenue Growth **** 4.49%
  • Profit Growth **** -62.13%
  • Ebitda **** -59.18%
  • Net Worth -3.73%
  • Total Assets **** 15.21%
Company report

Mgx-247 Logistics Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Mgx-247 Logistics 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 Mgx-247 Logistics Private Limited?
Current Directors
Name Designation Appointment Date Status
Sruthi Magesh Whole-Time Director 31 Jul 2019 Current
Magesh Shyam Whole-Time Director 10 Aug 2019 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 05 Sep 2019 Past
Pramod Abcsdd Additional Director 30 Sep 2019 Past
Pramod Abcsdd Director 09 Jan 2015 Past
Pramod Abcsdd Additional Director 30 Sep 2019 Past
Pramod Abcsdd Director 31 Mar 2023 Past

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Financial Performance of Mgx-247 Logistics.

Agxindia Logistics Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 4.49% increase. The company also saw a substantial fall in profitability, with a 62.13% decrease in profit. The company's net worth dipped by a decrease of 3.73%.

Mgx-247 Logistics revenue growth over time
Mgx-247 Logistics profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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 4.49%
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Revenue from Operations
*******
 3.16%
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*******
*******
Total Assets
*******
 15.21%
*******
*******
*******
*******
Profit or Loss
*******
 -62.13%
*******
*******
*******
*******
Net Worth
*******
 -3.73%
*******
*******
*******
*******
EBITDA
*******
 -59.18%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Mgx-247 Logistics?

In 2023, Mgx-247 Logistics had a promoter holding of 67.78% and a public holding of 32.22%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹165,246,000.00

Satisfied Charges

₹10,854,400.00

Charges Breakdown by Lending Institutions
  • Others : 7.65 Cr
  • Axis Bank Limited : 6.94 Cr
  • Hdfc Bank Limited : 1.93 Cr
Latest Charge Details
Date Lender Amount Status
30 Dec 2024 Others ₹1.56 Cr Open
01 Feb 2024 Others ₹4.00 Cr Open
29 Sep 2023 Hdfc Bank Limited ₹1.93 Cr Open
05 Sep 2023 Axis Bank Limited ₹2.94 Cr Open
25 Mar 2022 Others ₹1.40 Cr Open

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How Many Employees Work at Mgx-247 Logistics?

Mgx-247 Logistics has a workforce of 51 employees as of Apr 08, 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 Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mgx-247 Logistics, 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 Mgx-247 Logistics'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.

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Latest Updates, News, and FAQs on Mgx-247 Logistics
Recent Activity within the Organization
  • Charges

    Progress on A charge with Others amounted to Rs. 1.56 Cr with Charge ID 101035517 was registered on 30 Dec 2024. was documented.

  • Charges

    The activity A charge with Axis Bank Limited of Rs. 4.00 Cr registered on 28 Apr 2021 with Charge ID 100441064 was modified on 13 Nov 2024. was completed.

  • Annual General Meeting

    Mgx-247 Logistics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Charges

    Progress on A charge with Others of Rs. 4.00 Cr registered on 01 Feb 2024 with Charge ID 100861894 was modified on 04 Sep 2024. was documented.

  • Balance Sheet

    Mgx-247 Logistics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai. was recorded as a recent event.

  • Charges

    A charge with Others amounted to Rs. 4.00 Cr with Charge ID 100861894 was registered on 01 Feb 2024. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Mgx-247 Logistics Private Limited?

The CIN of Mgx-247 Logistics Private Limited is U74999TN2013PTC091798.

Where is Mgx-247 Logistics Private Limited headquartered?

Mgx-247 Logistics Private Limited is headquartered at New No. 36, Old No. 73, West Madha Church Road Royapuram, Chennai, Tamil Nadu, 600013.

When was Mgx-247 Logistics Private Limited incorporated?

Mgx-247 Logistics Private Limited was incorporated on 24 June 2013.

Who are the current directors of Mgx-247 Logistics Private Limited?

The current directors of Mgx-247 Logistics Private Limited are

What is the primary industry of Mgx-247 Logistics Private Limited?

The primary industry of Mgx-247 Logistics Private Limited is Support Service To Organizations.

Is Mgx-247 Logistics Private Limited a listed company?

Mgx-247 Logistics Private Limited is unlisted.

What is the capital structure of Mgx-247 Logistics Private Limited?

The authorized capital of Mgx-247 Logistics Private Limited is ₹1.00 Cr, and the paid-up capital is ₹7.65 M.

What is the compliance status of Mgx-247 Logistics Private Limited?

The compliance status of Mgx-247 Logistics Private Limited is Compliant.

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