Promoter holding
64.27%
MG
M G F Developments Limited - Due diligence report
A 360° intelligence report on Mgf Builders: trust score, financial health, credit view, compliance, directors, growth and distress signals -…
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Mgf Builders — 360° Intelligence Report
Generated from MCA filings & public records65/100
Trust Score
Moderate
Mgf Builders is assessed as Moderate with a Trust Score of 65/100. Mgf Builders is an active public limited indian non-government company incorporated in 1996, operating in the Real Estate and Construction sector. Reported revenue has declined across its recent filed years. It reported a loss in its latest filed year. Based on MCA filings and public records, it currently shows a high compliance risk and moderate financial risk profile.
Report generated on 31 Jul 2026 from the latest processed filings. M G F Developments Limited snapshot & full profile →
Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.
02
Score Card
Higher is safer · rule-based & explainableTrust ScoreModerate
65/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
46/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreModerate
50/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
55/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreCaution Indicated
45/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
60/100
Early-warning signals - higher means fewer warnings.
03
Financial Intelligence Dashboard
Standalone · 5 filed year(s)Unlock the full 5-year financial dashboard with charts and year-wise figures.
Get full accessScores and observations on this page are already computed from the real filings - only the underlying figures are locked.
04
Credit & Compliance Intelligence
Why the scores are what they are
Credit Risk Score: 55/100 Moderate
- Negative operating earnings - debt service depends on external support.
- Moderate gearing (D/E 38%).
- Working-capital cover adequate.
Charges position: 12 open (395.67 cr) · 13 satisfied (365.70 cr).
Banking relationships (from registered charges)
| Lender | Charges | Amount |
|---|---|---|
| Others | 5 | 48.0 cr |
| Housing Development Finance Corporation Limited | 6 | 48.0 cr |
| Punjab National Bank | 1 | 48.0 cr |
| Housing Developments Finance Corporation Ltd. | 1 | 48.0 cr |
| Bank Of India | 3 | 48.0 cr |
| Housing Developments Finance Corporation | 1 | 48.0 cr |
Compliance Score: 46/100 Caution Indicated
- Company status is Active as per MCA.
- Annual filings current (balance sheet Mar 2025).
- Flagged by authority: NCLT.
- Litigation present in 2 court forum(s).
- 3 auditor resignation(s) filed - latest: Raj Jha & Associates on 2020-08-06.
- 1 active GST registration(s).
Legal cases on record (2)
05
Director Intelligence
Stability score: 95/100| Name | DIN / PAN | Designation | Appointed | Tenure | DIN status |
|---|---|---|---|---|---|
| SHASHWAT GAUR | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| AZHAR QUADIR | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| VIJAY KUMAR SHARMA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| RAKSHIT JAIN | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| RAKSHIT JAIN | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| SHRAVAN GUPTA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| CHANDEEP KUMAR | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
- 7 directors on the board.
- No disqualified or deactivated DINs.
- Stable board - no exits in 3 years.
- Average tenure above 5 years.
Director & KMP remuneration (FY 2024)
| Name | Designation | Total remuneration |
|---|---|---|
| A K Sharma | Managing Director | 2.4 cr |
| R Mehta | Whole-time Director | 1.6 cr |
| S Iyer | CFO | 95.0 L |
Remuneration is disclosed in the latest annual return. Unlock full report
06
Ownership & Group Intelligence
As per FY 2024 annual returnPublic / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
6
Group entities
13
Capital events
4 allotment(s) · 18 transfer(s)
Promoters hold a dominant controlling stake - exact percentages are part of the full report.
| Group entity | Relationship | % held |
|---|---|---|
| Avinashi Buildtech Private Limited | Subsidiary Company | 74.00% |
| Cassock Properties Private Limited | Subsidiary Company | 74.00% |
| Chhavi Buildtech Private Limited | Subsidiary Company | 74.00% |
| Clean And Green Energy India Private Limited | Subsidiary Company | 74.00% |
| Easter Conbuild Private Limited | Subsidiary Company | 74.00% |
| Ecstasy Conbuild Private Limited | Subsidiary Company | 74.00% |
| Ethic Conbuild Private Limited | Subsidiary Company | 74.00% |
| Gait Propbuild Private Limited | Subsidiary Company | 74.00% |
| Glimpse Propbuild Private Limited | Subsidiary Company | 74.00% |
| Godson Propbuild Private Limited | Subsidiary Company | 74.00% |
Key managerial personnel: VIJAY KUMAR SHARMA (CFO) · RAKSHIT JAIN (CEO)
Full shareholding pattern, group structure & capital events →
07
Risk Intelligence Center
Growth 45 · Distress 60
Growth signals & trust indicators
EPFO headcount growing - hiring signal.
Operating for 29+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Revenue declined year-on-year.
Losses deepening year-on-year.
Compliance score is weak (46/100).
12 open charge(s) registered - assets are encumbered.
3 auditor resignation(s) on record - review the stated reasons.
2 court case(s) on record - see the legal section for details.
08
Stakeholder Verdicts
Vendor · Banker · InvestorVendor due diligence56/100
Review suggested
Suitability as a supplier / customer counterparty.
- Check the compliance flags before onboarding.
- 2 distress signal(s) - see Risk Center.
- Financial filings available for verification.
Banker assessment51/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
- Debt capacity assessed from filed statements.
- 12 open charge(s) of 395.67 cr already registered.
- Compliance gaps should be priced into terms.
Investor view52/100
Mixed indicators
Growth quality and scalability through an investor lens.
- 1 growth signal(s) detected.
- Margin and return trends computable from filings.
- Management team looks stable.
09
MCA Filings & Events Timeline
Latest 15 events30 Sep 2025
Last AGM held
Annual general meeting
31 Mar 2025
Latest balance sheet
Filed with ROC
28 Oct 2024
Charge created
Others - 200.00 cr
27 May 2024
Charge created
Hdfc Bank Limited - 26.13 Lakh
24 Apr 2024
Charge created
Hdfc Bank Limited - 45.42 Lakh
22 Sep 2023
Charge created
Hdfc Bank Limited - 9.28 Lakh
21 Jul 2023
Charge satisfied
Others
30 May 2023
Charge created
Others - 39.85 cr
22 Nov 2022
Charge created
Hdfc Bank Limited - 14.84 Lakh
06 Sep 2022
Director appointed
CHANDEEP KUMAR (Company Secretary)
05 Jul 2022
Charge created
Others - 146.80 cr
31 Mar 2022
Share transfer (FY 2022)
1.00000000 shares to PRAMOD BUBNA
Share transfer (FY 2022)
1.00000000 shares to KAMAL SOOD
Share transfer (FY 2022)
1.00000000 shares to BISWANATH NAYAK
Share transfer (FY 2022)
1.00000000 shares to VIJAY KUMAR SHARMA
10
Key Observations
Auto-generated from the data aboveRevenue declined 1.42 over the last 4 financial year(s).
Net profit margin moved from 2.1x to 24%.
Debt-to-equity stands at 0.86 - manageable leverage.
Net worth is positive.
7 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
Operates a group structure with 6 subsidiary(ies) - assess on a consolidated basis.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2024 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 4 security allotment(s) - amounts available in the full report.
| Company | CIN | Location |
|---|---|---|
| Adventure Island Limited | U92199DL2002PLC114253 | Delhi, Delhi, India |
| Rajdarbar Transpay Solutions Private Limited | U74110UP2015PTC070230 | Noida, Uttar Pradesh, India |
| Colive | U74900KA2016PTC085871 | Bangalore, Karnataka, India |
| Jms Group | U70109HR2013PTC048244 | Basai Road, Haryana, India |
| Sowparnika Infracon Private Limited | U70109KA2021PTC151713 | Bangalore, Karnataka, India |
| Svastiga Infra Private Limited | U45309HR2021PTC092037 | Panchkula, Haryana, India |
| Pramila Projects Private Limited | U45201OR2007PTC009284 | Bhubaneswar, Orissa, India |
| Janachaitanya Housing Private Limited | U70102AP1990PTC011073 | Andhra Pradesh, Andhra Pradesh, India |
12
Who Uses This Report
CA · CS · Banker · Investor · VendorChartered Accountants (CA)
Verify Mgf Builders before audits and certifications: compliance score 46/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.
Company Secretaries (CS)
Track statutory health of Mgf Builders: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.
Bankers & NBFCs
Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 55/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.
Investors & Analysts
Investor view: Mixed indicators. Growth score 45/100, margin trends, ownership structure and peer set for Mgf Builders - screening before a deeper diligence.
Vendors & Procurement Teams
Vendor verdict: Review suggested. Trust score 65/100, distress signals and MSME payment-delay disclosures - know whether Mgf Builders pays its suppliers before you extend credit terms.
Lawyers & Compliance Teams
Litigation footprint (2 case(s) on record), regulatory flags, charge documents trail and director networks for Mgf Builders - groundwork for KYC, onboarding and disputes.
13
Frequently Asked Questions
Is Mgf Builders an active company?
Mgf Builders has MCA status “Active” with a compliance score of 46/100 (Caution Indicated).
Is Mgf Builders financially healthy?
Mgf Builders has a Financial Health Score of 50/100 (Moderate) based on its filed financial statements.
Should I do business with Mgf Builders?
Its overall Trust Score is 65/100 (Moderate). Vendor verdict: Review suggested. Review the risk flags in the Risk Intelligence Center before deciding.
Who controls Mgf Builders?
Promoters hold a dominant controlling stake - exact percentages are in the full report. 7 active director(s) are on record.
Does Mgf Builders have loans or charges against its assets?
12 open charge(s) are registered against its assets, and 13 earlier charge(s) stand satisfied.
Is Mgf Builders up to date with its ROC filings?
Annual filings current (balance sheet Mar 2025). Overall compliance score: 46/100 (Caution Indicated).
Is it risky to lend to Mgf Builders?
Its Credit Risk Score is 55/100 (Moderate). Banker verdict: Mixed indicators - deeper appraisal suggested.
Disclaimer: This report is generated automatically from MCA filings and public records as available
in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the
underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are
not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice.
Verify from official sources and consult a qualified professional before any business, lending or investment decision.
If you represent this company and believe any information is inaccurate or outdated,
report it here and we will review promptly.
