Mag Nextgen Limited

Founded in 2020 and headquartered in Delhi, India.

2020 | Delhi (India) | Active
Last Updated: December 12, 2024

Mag Nextgen Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 4 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 7.75%
  • Profit Growth -845.89%
  • Ebitda -629.44%
  • Net Worth -69.33%
  • Total Assets -66.31%

About Mag Nextgen

Mag Nextgen Limited (MNL) is a Public Limited Indian Non-Government Company incorporated in India on 19 September 2020 (Four years and four months 16 days old ). Its registered office is in Delhi, India.

The Corporate was formerly known as Mag Ventures Limited. The Company is engaged in the Business Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.50 M, as per Ministry of Corporate Affairs (MCA) records.


Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999DL2020PLC370161

  • Company No.

    370161

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    19 Sep 2020

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Business Services

Who are the key members and board of directors at Mag Nextgen?

Board Members (3)

Name Designation Appointment Date Status
Rahul Garg Country flag representing In Director 19-Sep-2020 Current
Himanshu Sharma Country flag representing In Director 19-Sep-2020 Current
Pradeep Kumar Country flag representing In Director 19-Sep-2020 Current

Financial Performance of Mag Nextgen.

Mag Nextgen Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 7.75% increase. The company also saw a substantial fall in profitability, with a 845.89% decrease in profit. The company's net worth observed a substantial decline by a decrease of 69.33%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • 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
7.75%
Revenue from Operations
7.75%
Total Assets
-66.31%
Profit or Loss
-845.89%
Net Worth
-69.33%
EBITDA
-629.44%

What is the Ownership and Shareholding Structure of Mag Nextgen?

Unlock access to Mag Nextgen's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Mag Nextgen?

Mag Nextgen has a workforce of 0 employees as of Apr 05, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mag Nextgen, 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 Mag Nextgen'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.

Latest Updates, News, and FAQs on Mag Nextgen

Recent activity within the organization

  • Annual General Meeting

    Mag Nextgen Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Mag Nextgen Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Director Appointment

    Himanshu Sharma was appointed as a Director was appointed as a Director on 19 Sep 2020 & has been associated with this company since 4 years 4 months .

    19 Sep 2020

  • Director Appointment

    Rahul Garg was appointed as a Director was appointed as a Director on 19 Sep 2020 & has been associated with this company since 4 years 4 months .

    19 Sep 2020

  • Director Appointment

    Pradeep Kumar was appointed as a Director was appointed as a Director on 19 Sep 2020 & has been associated with this company since 4 years 4 months .

    19 Sep 2020

  • Company Incorporation

    Mag Nextgen Limited was registered on 19 Sep 2020 with Roc Delhi & aged 4 years 4 months as per MCA records.

    19 Sep 2020

Frequently asked questions

  • Mag Nextgen Limited was incorporated on 19 Sep 2020.

  • The authorized share capital of Mag Nextgen Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 3 directors are associated with Mag Nextgen Limited.

    • Himanshu Sharma
    • Rahul Garg
    • Pradeep Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mag Nextgen Limited is De 147 Second Floor India, New Delhi, 110027.

  • The corporate identification number (CIN) of Mag Nextgen Limited is U74999DL2020PLC370161 and the company number is 370161 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Mag Nextgen Limited has risen by 7.75%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Mag Nextgen Limited has experienced an downturn of -69.33%.

  • The most recent Balance Sheet for Mag Nextgen Limited was filed with the ROC on 31 Mar 2024.