
MRG Auto Private Limited
About MRG Auto Private Limited
Data last updated:
MRG Auto Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 26 November 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U34300PB1997PTC020767. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.7 Cr. It was formerly known as Mrg Auto Limited. It is led by directors Ishwar Dass and Bhim Bahadur.
Its last annual general meeting (AGM) was held on 30 September 2014, and its latest financial statements are for the year ended 31 March 2014. The registered office is at G T Road Near Sherpur Chowk Ludhiana, Punjab, India.
As per MCA filings, the company has open charges of ₹45.89 Cr and satisfied charges of ₹45.14 Cr on record. Court records list 101 cases involving the company, including 46 filed by the company and 58 filed against it; 20 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
MRG Auto has one previous CIN (Corporate Identification Number): U34300PB1997PLC020767. The current CIN is U34300PB1997PTC020767, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U34300PB1997PTC020767 | Current |
| U34300PB1997PLC020767 | Previous |
Contact details
MRG Auto Private Limited's registered office is in Ludhiana, Punjab.
- Registered AddressG T Road Near Sherpur Chowk Ludhiana, Punjab, India
- IndustryAutomotive, Auto Dealership & Trading
- 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
Financials of MRG Auto Private Limited
FY 2014 filings availableFinancial Statement Summary
| Metrics | FY 2013-14 |
|---|---|
| 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 | |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | |
| 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
| Metrics | FY 2013-14 |
|---|---|
| Profitability | |
| EBITDA Margin | |
| Net Profit Margin | |
| 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 | |
To see the full financial statements and ratios of MRG Auto Private Limited, buy the company report.
Board of directors of MRG Auto Private Limited
MRG Auto has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhim Bahadur | Additional Director | 24 Dec 2016 | 9 Years 10 Months | Current |
| Ishwar Dass | Director | 03 Jan 2006 | 20 Years 9 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Sep 2013 | 10452943 | Punjab National Bank | ₹1 Cr | Open | |
| 13 Aug 2013 | 10449214 | Tata Capital Financial Services Limited | ₹89.2 Lakh | Open | |
| 13 Aug 2013 | 10449218 | Tata Capital Financial Services Limited | ₹1.11 Cr | Open | |
| 21 Jun 2013 | 10441929 | Reliance Capital Ltd | ₹1 Cr | Open | |
| 05 Jun 2013 | 10438521 | Punjab National Bank | ₹20.5 Lakh | Open |
To see the full charge records of MRG Auto Private Limited, buy the company report.
Total charge records: 20 View all charges
Legal cases
MRG Auto Private Limited has 101 court cases on record: 46 filed by MRG Auto, 58 filed against it. 20 cases are pending and 81 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 70 | 42 | 17 |
| High courts | 28 | 15 | 3 |
| Supreme Court | 3 | 1 | 0 |
Cases on record (5 of 101)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Execution petition | Filed against the company by Encore Asset Reconstruction Company Pvt Ltd | Pending |
| District court, Chandigarh | Arbitration matter | Filed by the company against M/S Axalta Coating Systems India P Ltd | Pending |
| High Court of Punjab and Haryana | Criminal miscellaneous application | Filed against the company by M/S MRG Auto Pvt. Ltd. and 1 other | Disposed |
| High Court of Punjab and Haryana | Criminal miscellaneous application | Filed by the company against M/S MRG Auto Pvt. Ltd. and Another | Disposed |
| High Court, HARYANA | Writ petition | Filed against the company by Encore Asset Reconstruction Company Pvt. Ltd. | Disposed |
To see the full case history of MRG Auto 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
No delayed payments to MSME suppliers are on our record for MRG Auto Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
MRG Auto has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of MRG Auto Private Limited, buy the company report.
Recent activity
MRG Auto Private Limited has 10 board changes on record since 2006: 2 appointments and 8 cessations. The latest: Bhim Bahadur was appointed as Additional Director on 24 Dec 2016.
30 earlier events are in the company report.
Frequently asked questions
MRG Auto is an active private limited company based in Ludhiana, Punjab, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 26 November 1997 (29+ years old) and is registered under CIN U34300PB1997PTC020767.
MRG Auto has 2 current directors:
- Bhim Bahadur - Additional Director
- Ishwar Dass - Director
The latest financial statements of MRG Auto on record with the MCA are for the year ended 31 March 2014. Its last annual general meeting was held on 30 September 2014. Year-wise statements from 2015 are in the company report.
No. MRG Auto has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of MRG Auto is U34300PB1997PTC020767. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MRG Auto has 101 court cases on record: 46 filed by the company and 58 filed against it. 20 are pending. Most are in the district courts.
MRG Auto was incorporated on 26 November 1997, making it 29+ years old. It is registered with the Registrar of Companies, Chandigarh.
Bhim Bahadur was appointed as Additional Director on 24 Dec 2016. Satnam Singh ceased to be Additional Director on 24 Dec 2016. Anita Dhiman ceased to be Director on 06 Nov 2016. MRG Auto has 10 board changes on record in total.
The registered office of MRG Auto is at G T Road Near Sherpur Chowk Ludhiana, Punjab, India.
MRG Auto operates in the automotive industry, in the auto dealership and trading segment.