MRG Biotech Private Limited
About MRG Biotech Private Limited
Data last updated:
MRG Biotech Private Limited is a private limited company based in Karnal, Haryana, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 23 February 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U51900HR2012PTC045223. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shyam Lal Goel and Pawan Goel.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Near Jain Public School Main Phushgarh Road, Karnal, Haryana, India – 132001.
As per the financials filed for FY 2019, the company reported a revenue of ₹1.65 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹6,537 (net margin 0%) and EBITDA of ₹3.82 Lakh (EBITDA margin 2.3%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years.
As per MCA filings, the company has open charges of ₹20 Lakh on record. Court records list 8 cases involving the company, including 6 filed by the company and 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
MRG Biotech Private Limited's registered office is in Karnal, Haryana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNear Jain Public School Main Phushgarh Road, Karnal, Haryana, India – 132001
- IndustryPharma, Drug Formulation & Development
To see the full contact details of MRG Biotech Private Limited, buy the company report.
- 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
Business activity
The main business activity of MRG Biotech is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of MRG Biotech Private Limited, buy the company report.
Financials of MRG Biotech Private Limited
FY 2019 filings availableMRG Biotech Private Limited reported revenue of ₹1.65 Cr (up 8% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 8% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 3%. 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹1.65 Cr | ||||
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| EBITDA | ₹3.82 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹6,537 | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.3% | ||||
| Net Profit Margin | 0% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of MRG Biotech Private Limited, buy the company report.
Board of directors of MRG Biotech Private Limited
MRG Biotech has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shyam Lal Goel | Director | 08 Feb 2016 | 10 Years 8 Months | Current |
| Pawan Goel | Director | 23 Feb 2012 | 14 Years 7 Months | Current |
Auditor
MRG Biotech Private Limited is audited by J P GUPTA ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J P GUPTA ASSOCIATES | FY 2019 | 000056N |
Shareholding
The shareholding of MRG Biotech Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of MRG Biotech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Nov 2012 | 10389314 | Karur Vysay Bank | ₹20 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
MRG Biotech Private Limited has 8 court cases on record: 6 filed by MRG Biotech, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 2 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Lendingkart Finance Limited-Rajesh Mavjibhai Chavda | Disposed |
| District court, Chandigarh | Cheque dishonour complaint | Filed against the company by Ms Solitaire Pharmacia Pvt Ltd. | Disposed |
| High Court, HARYANA | Writ petition | Filed by the company against Disrict Magistrate Cum Deputy Commissioner Karnal and Others and 4 others | Disposed |
| District court, Karnal, Haryana | Cheque dishonour complaint | Filed by the company against an individual | Disposed |
| District court, Karnal, Haryana | Cheque dishonour complaint | Filed by the company against Ms Ronak Enteprises Pharmaceutical Distributors | Disposed |
To see the full case history of MRG Biotech 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 Biotech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
MRG Biotech 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 Biotech Private Limited, buy the company report.
Recent activity
MRG Biotech Private Limited has 4 board changes on record since 2012: 2 appointments and 2 cessations. The latest: Ankit Goel ceased to be Director on 08 Feb 2016.
Frequently asked questions
MRG Biotech is an active private limited company based in Karnal, Haryana, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 23 February 2012 (14+ years old) and is registered under CIN U51900HR2012PTC045223.
MRG Biotech has 2 current directors:
- Shyam Lal Goel - Director
- Pawan Goel - Director
The latest financial statements of MRG Biotech on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. MRG Biotech has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of MRG Biotech is U51900HR2012PTC045223. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MRG Biotech has 8 court cases on record: 6 filed by the company and 2 filed against it. Most are in the district courts.
MRG Biotech was incorporated on 23 February 2012, making it 14+ years old. It is registered with the Registrar of Companies, Haryana.
Ankit Goel ceased to be Director on 08 Feb 2016. Shyam Lal Goel was appointed as Director on 08 Feb 2016. Sandeep Aggarwal ceased to be Director on 05 May 2015. MRG Biotech has 4 board changes on record in total.
The registered office of MRG Biotech is at Near Jain Public School Main Phushgarh Road, Karnal, Haryana, India – 132001.
MRG Biotech operates in the pharma industry, in the drug formulation and development segment.