Mgi (India) Consulting Private Limited
About Mgi (India) Consulting Private Limited
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Mgi (India) Consulting Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 08 December 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51311MH2000PTC129939. Its GSTIN is 27AABCG5722D1ZY (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Gazebo Impex Private Limited. It is led by directors including Chandra Mohanlal Bhandari and Rajeev Biyani.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Peninsula Business Park Tower – B 19th Floor Ganpatrao Kadam Marg Lower Parel, Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2025, the company reported a revenue of ₹23.74 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹9.12 Lakh (net margin 0.4%) and EBITDA of ₹63.06 Lakh (EBITDA margin 2.7%). Revenue has grown at a compounded annual rate (CAGR) of 493% over three years and 187% over five years.
Its group structure includes 2 subsidiaries.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Mgi (India) Consulting Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressPeninsula Business Park Tower – B 19th Floor Ganpatrao Kadam Marg Lower Parel, Mumbai, Maharashtra, India – 400013
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Mgi (India) Consulting 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
Financials of Mgi (India) Consulting Private Limited
FY 2025 filings availableMgi (India) Consulting Private Limited reported revenue of ₹23.74 Cr (up 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 187% over five years, including 4% growth in the latest year. EBITDA rose 122% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹63.06 Lakh | ||||
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| Net Profit (PAT) | ₹9.12 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 2.7% | ||||
| Net Profit Margin | 0.4% | ||||
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To see the full financial statements and ratios of Mgi (India) Consulting Private Limited, buy the company report.
Board of directors of Mgi (India) Consulting Private Limited
Mgi (India) Consulting has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandra Mohanlal Bhandari | Director | 02 Mar 2022 | 4 Years 8 Months | Current |
| Rajeev Biyani Also directs: Sri Durgamba Transway Private Limited, Abxii Technologies Private Limited, Schedulers Logistics India Private Limited and 3 more | Director | 22 Jan 2008 | 18 Years 9 Months | Current |
| Prakash Mishrimal Jain | Director | 01 Oct 2003 | 23 Years 1 Months | Current |
Peer comparison
Mgi (India) Consulting Private Limited is compared with the 5 companies closest to it by revenue in the Outsourcing industry (Consulting Services), with the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rumango Software and Consulting Services Private Limited | ₹23.83 Cr (FY 2024) | 57.0% | Kumbakonam, Tamil Nadu, India | |||
| Alferon Management Private Limited | ₹23.82 Cr (FY 2025) | 12.0% | New Delhi, Delhi, India | |||
| Emergent Ventures India Private Limited | ₹23.77 Cr (FY 2025) | -52.0% | Gurgaon, Haryana, India | |||
| Mgi (India) Consulting Private Limitedthis company | ₹23.74 Cr (FY 2025) | ₹9.12 Lakh | 0.4% | 4.0% | Mumbai, Maharashtra, India | |
| Greenwire Technologies and Consultants Private Limited | ₹23.73 Cr (FY 2025) | 26.0% | New Delhi, Delhi, India | |||
| Sierra Support Centre Private Limited | ₹23.66 Cr (FY 2025) | 1.0% | Rs Puram, Tamil Nadu, India |
To see the full peer comparison of Mgi (India) Consulting Private Limited, buy the company report.
Auditor
Mgi (India) Consulting Private Limited is audited by G Mundar & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G Mundar & Co. | FY 2022 | 140004W |
Shareholding
The shareholding of Mgi (India) Consulting Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mgi (India) Consulting Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Mgi (India) Consulting Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mgi (India) Consulting Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Mgi (India) Consulting has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Sri Durgamba Transway Private Limited | U60300MP2018PTC045394 | |
| Abxii Technologies Private Limited | U72900MH2020PTC351859 |
To see the full group structure of Mgi (India) Consulting Private Limited, buy the company report.
GST
Mgi (India) Consulting has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCG5722D1ZY | Maharashtra | Active | 02 Apr 2025 |
To see the full GST registrations and return filing status of Mgi (India) Consulting Private Limited, buy the company report.
Recent activity
Mgi (India) Consulting Private Limited has 4 board changes on record since 2003: 3 appointments and 1 cessation. The latest: Chandra Mohanlal Bhandari was appointed as Director on 02 Mar 2022.
Frequently asked questions
Mgi (India) Consulting is an active private limited company based in Mumbai, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 08 December 2000 (26+ years old) and is registered under CIN U51311MH2000PTC129939.
Mgi (India) Consulting has 3 current directors:
- Chandra Mohanlal Bhandari - Director
- Rajeev Biyani - Director
- Prakash Mishrimal Jain - Director
The latest financial statements of Mgi (India) Consulting on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Mgi (India) Consulting is 27AABCG5722D1ZY, registered in Maharashtra.
The CIN (Corporate Identification Number) of Mgi (India) Consulting is U51311MH2000PTC129939. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mgi (India) Consulting was incorporated on 08 December 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Mgi (India) Consulting by revenue are Rumango Software and Consulting Services Private Limited, Alferon Management Private Limited, Emergent Ventures India Private Limited, Greenwire Technologies and Consultants Private Limited, Sierra Support Centre Private Limited, all in the Outsourcing industry (Consulting Services), with the same principal business activity (other professional, scientific and technical activities).
Chandra Mohanlal Bhandari was appointed as Director on 02 Mar 2022. Anshul Dewat Singhal ceased to be Director on 24 Mar 2008. Rajeev Biyani was appointed as Director on 22 Jan 2008. Mgi (India) Consulting has 4 board changes on record in total.
The registered office of Mgi (India) Consulting is at Peninsula Business Park Tower – B 19th Floor Ganpatrao Kadam Marg Lower Parel, Mumbai, Maharashtra, India – 400013.
Mgi (India) Consulting operates in the business outsourcing industry, in the business and IT consulting segment.
The compliance status of Mgi (India) Consulting is compliant as of 06 September 2026. The company is actively filing with the Registrar of Companies.
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