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MGZ Edutech Private Limited - internet in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹14.34 Lakh
▼ 22% YoY
Net profit · FY 2024
₹3.5 Lakh
Net margin 24.4%
EBITDA · FY 2024
₹6.03 Lakh
EBITDA margin 42%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About MGZ Edutech Private Limited
Data last updated:
MGZ Edutech Private Limited is a private limited company based in Pune, Maharashtra, India, recognised as a startup by DPIIT. It operates in the online service marketplaces segment of the internet and digital services sector. It was incorporated on 30 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74999PN2017PTC170716. Its GSTIN is 27AALCM1042Q1Z2 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Rama Asim Sarode and Sagar Vishwas Arjunwadkar.
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 33/14 Karve Rd Prabhat Rd Lane 5 Prathamesh Pune, Maharashtra, India – 411004.
As per the financials filed for FY 2024, the company reported a revenue of ₹14.34 Lakh, a decline of 22% compared to the previous year. For the same year it recorded a net profit of ₹3.5 Lakh (net margin 24.4%) and EBITDA of ₹6.03 Lakh (EBITDA margin 42%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 39% over five years.
MGZ Edutech Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0138928). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mygrowthzone.com.
Company details
CIN U74999PN2017PTC170716
Registration Number 170716
Incorporation Date 30 May 2017
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0138928
Recognitions & Rankings of MGZ Edutech
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-26-0138928
Contact details
MGZ Edutech Private Limited's registered office is in Pune, Maharashtra. Its website is mygrowthzone.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address33/14 Karve Rd Prabhat Rd Lane 5 Prathamesh Pune, Maharashtra, India – 411004
- IndustryInternet, Online Service Marketplaces
To see the full contact details of MGZ Edutech Private Limited, buy the company report.
Comprehensive company report
MGZ Edutech Private Limited - one report that includes everything
- 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
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Financials of MGZ Edutech Private Limited
FY 2025 filings availableMGZ Edutech Private Limited reported revenue of ₹14.34 Lakh (down 22% YoY) for FY 2024.
Revenue · FY 2024
₹14.34 Lakh ▼ 22%
Net profit · FY 2024
₹3.5 Lakh margin 24.4%
EBITDA · FY 2024
₹6.03 Lakh margin 42%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 22%
3 years · compounded
▲ 32%
5 years · compounded
▲ 39%
EBITDA CAGR growth
1 year
▲ 203%
3 years · compounded
▲ 48%
5 years · compounded
▲ 27%
Revenue fell 22% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 39%. EBITDA rose 203% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profit and Loss Statement | |||||
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| Total Expenses | |||||
| EBITDA | ₹6.03 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.5 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 42% | ||||
| Net Profit Margin | 24.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of MGZ Edutech Private Limited, buy the company report.
Board of directors of MGZ Edutech Private Limited
MGZ Edutech has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rama Asim Sarode Also directs: Asim Sarode and Associates LLP, Maha-Belgaumites Foundation | Director | 14 Mar 2019 | 7 Years 7 Months | Current |
| Sagar Vishwas Arjunwadkar | Director | 30 May 2017 | 9 Years 5 Months | Current |
| Kamala Varanasi | Director | 02 Apr 2025 | 1 Years 7 Months | Current |
Legal cases
No court or tribunal cases involving MGZ Edutech 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 MGZ Edutech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
MGZ Edutech has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AALCM1042Q1Z2 | Maharashtra | Active | 21 Aug 2017 |
To see the full GST registrations and return filing status of MGZ Edutech Private Limited, buy the company report.
Recent activity
MGZ Edutech Private Limited has 8 board changes on record since 2017: 3 appointments and 5 cessations. The latest: Kamala Varanasi ceased to be Additional Director on 29 Sep 2025.
AGM
Mgz Edutech Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Kamala Varanasi ceased to be Additional Director.
Appointed
Kamala Varanasi was appointed as Director.
Filing
Mgz Edutech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Ceased
Sudha Bonsor ceased to be Director.
Ceased
Thuti ceased to be Director.
Ceased
Meera Gobichettipalayam Natarajan ceased to be Director.
Appointed
Rama Asim Sarode was appointed as Director.
Ceased
Ashwini Malhar Pangrikar ceased to be Director.
Appointed
Sagar Vishwas Arjunwadkar was appointed as Director.
Incorporation
30 May 2017
Mgz Edutech Private Limited was registered on 30 May 2017 with Roc Pune & aged 9 years 5 months as per MCA records.
Frequently asked questions
MGZ Edutech is an active private limited company based in Pune, Maharashtra, India. The company works in online service marketplaces, within the internet industry. It was incorporated on 30 May 2017 (9+ years old) and is registered under CIN U74999PN2017PTC170716.
MGZ Edutech has 3 current directors:
- Rama Asim Sarode - Director
- Sagar Vishwas Arjunwadkar - Director
- Kamala Varanasi - Director
The latest financial statements of MGZ Edutech 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 FY 2018 are in the company report.
The GSTIN of MGZ Edutech is 27AALCM1042Q1Z2, registered in Maharashtra.
The CIN (Corporate Identification Number) of MGZ Edutech is U74999PN2017PTC170716. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MGZ Edutech was incorporated on 30 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Pune.
Kamala Varanasi ceased to be Additional Director on 29 Sep 2025. Kamala Varanasi was appointed as Director on 02 Apr 2025. Sudha Bonsor ceased to be Director on 25 Mar 2022. MGZ Edutech has 8 board changes on record in total.
Yes, MGZ Edutech is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, MGZ Edutech is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0138928).
MGZ Edutech can be reached through the website mygrowthzone.com. Its registered office is in Pune, Maharashtra, India.
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