Mg Consulting Private Limited

Provides management, HR, and financial consulting services, including secretarial and compliance advisory.

1993 | Mumbai, Maharashtra (India) | Active
Last Updated:

Mg Consulting Profile

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 1.66 M
  • Company Age 31 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 3.48 Cr
  • Revenue Growth -0.29%
  • Profit Growth -59.24%
  • Ebitda 25.61%
  • Net Worth 16.42%
  • Total Assets 61.98%

About Mg Consulting

Mg Consulting Private Limited (MCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 September 1993 and has a history of 31 years and five months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Mg Corporate Advisors Private Limited. The Company is engaged in the Business Outsourcing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 7.50 M and a paid-up capital of Rs 1.66 M.

The company has closed loans amounting to ₹3.48 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Manish Ghia and Varsha Ghia serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65920MH1993PTC074001

  • Company No.

    074001

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Sep 1993

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Business Outsourcing

What products or services does Mg Consulting Private Limited offer?

Mg Consulting Private Limited offers a wide range of products and services, including Business Planning and Management, Business Consultant, Company Law & Labour Law Consultants, Statutory Compliance Services, Corporate Finance & Leasing Advisors, Financial Service.

Who are the key members and board of directors at Mg Consulting?

Board Members (2)

NameDesignationAppointment DateStatus
Manish Ghia Country flag representing In Director 01-Oct-1993Current
Varsha Ghia Country flag representing In Director 01-Sep-2003Current

Financial Performance of Mg Consulting.

Mg Consulting Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 0.29% decrease. The company also saw a substantial fall in profitability, with a 59.24% decrease in profit. The company's net worth Soared by an impressive increase of 16.42%.

Mg Consulting revenue growth over time
Mg Consulting 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
-0.29%
Revenue from Operations
-0.36%
Total Assets
61.98%
Profit or Loss
-59.24%
Net Worth
16.42%
EBITDA
25.61%

What is the Ownership and Shareholding Structure of Mg Consulting?

In 2023, Mg Consulting had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹34.80 M

Charges Breakdown by Lending Institutions

  • Aditya Birla Finance Limited : 3.48 Cr

Latest Charge Details

DateLenderAmountStatus
26 Sep 2014Aditya Birla Finance Limited₹3.48 CrSatisfied

How Many Employees Work at Mg Consulting?

Mg Consulting has a workforce of 26 employees as of Apr 08, 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.

Employee growth trends for Mg Consulting Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mg Consulting, 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 Mg Consulting'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 Mg Consulting

Recent activity within the organization

  • Annual General Meeting

    Mg Consulting Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Mg Consulting Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

  • Charges

    A charge registered on 26 Sep 2014 via Charge ID 10530646 with Aditya Birla Finance Limited was fully satisfied on 10 May 2016.

  • Charges

    A charge with Aditya Birla Finance Limited amounted to Rs. 34.80 M with Charge ID 10530646 was registered on 26 Sep 2014.

  • Director Appointment

    Varsha Manish Ghia was appointed as a Director was appointed as a Director on 01 Sep 2003 & has been associated with this company since 21 years 6 months .

  • Director Appointment

    Manish Lalitchandra Ghia was appointed as a Director was appointed as a Director on 01 Oct 1993 & has been associated with this company since 31 years 5 months .

Frequently asked questions

  • What is the Incorporation or founding date of Mg Consulting Private Limited?

    Mg Consulting Private Limited was incorporated on 17 Sep 1993.

  • What is authorized share capital and paid-up capital of Mg Consulting Private Limited?

    The authorized share capital of Mg Consulting Private Limited is ₹ 7.50 M and paid-up capital is ₹ 1.66 M.

  • Who are the current board members & directors of Mg Consulting Private Limited?

    Currently 2 directors are associated with Mg Consulting Private Limited.

    • Manish Lalitchandra Ghia
    • Varsha Manish Ghia

  • What is the registered address of Mg Consulting Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mg Consulting Private Limited is 4 Chandan Niwas 1St Floor Mathuradas Visanji Rd Behind Andheri Gymkhana (East), India, Mumbai, Maharashtra, 400069.

  • What is the corporate identification number (CIN) and company number of Mg Consulting Private Limited?

    The corporate identification number (CIN) of Mg Consulting Private Limited is U65920MH1993PTC074001 and the company number is 074001 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Mg Consulting Private Limited?

    The Official website of Mg Consulting Private Limited is https://www.mgconsulting.in

  • What has been the recent revenue trend for Mg Consulting Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Mg Consulting Private Limited has fallen by -0.29%.

  • How many employees does Mg Consulting Private Limited currently have?

    As Per 2023 financial reports, 26 employees are currently employed by Mg Consulting Private Limited.

  • What change has been observed in the net worth of Mg Consulting Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Mg Consulting Private Limited has experienced an upsurge of 16.42%.

  • When was the last Balance Sheet of Mg Consulting Private Limited filed with the ROC?

    The most recent Balance Sheet for Mg Consulting Private Limited was filed with the ROC on 31 Mar 2023.

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