Mag Nextgen Limited
Founded in 2020 and headquartered in Delhi, India.
2020 | Delhi (India) | Active
Mag Nextgen Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.50 M
- Company Age 4 Year, 5 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 five months 22 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.
Himanshu Sharma, Rahul Garg, and Pradeep Kumar serve as directors at the Company.
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  | Director | 19-Sep-2020 | Current |
| Himanshu Sharma | Director | 19-Sep-2020 | Current |
| Pradeep Kumar | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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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.
Related Corporates (Common Directorship)
- Margy Advisors Private Limited
Himanshu Sharma and Rahul Garg are mutual person
- Saatvik Digital Private Limited
Pradeep Kumar is a mutual person
Charges (Loans)
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.
Deals i
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
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
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.
- Balance Sheet
Mag Nextgen Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
- 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 5 months .
- 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 5 months .
- 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 5 months .
- Company Incorporation
Mag Nextgen Limited was registered on 19 Sep 2020 with Roc Delhi & aged 4 years 5 months as per MCA records.
Frequently asked questions
What is the Incorporation or founding date of Mag Nextgen Limited?
Mag Nextgen Limited was incorporated on 19 Sep 2020.
What is authorized share capital and paid-up capital of Mag Nextgen Limited?
The authorized share capital of Mag Nextgen Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.
Who are the current board members & directors of Mag Nextgen Limited?
Currently 3 directors are associated with Mag Nextgen Limited.
- Himanshu Sharma
- Rahul Garg
- Pradeep Kumar
What is the registered address of Mag Nextgen Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Mag Nextgen Limited is De 147 Second Floor India, New Delhi, 110027.
What is the corporate identification number (CIN) and company number of Mag Nextgen Limited?
The corporate identification number (CIN) of Mag Nextgen Limited is U74999DL2020PLC370161 and the company number is 370161 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Mag Nextgen Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Mag Nextgen Limited has risen by 7.75%.
What change has been observed in the net worth of Mag Nextgen Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Mag Nextgen Limited has experienced an downturn of -69.33%.
When was the last Balance Sheet of Mag Nextgen Limited filed with the ROC?
The most recent Balance Sheet for Mag Nextgen Limited was filed with the ROC on 31 Mar 2024.