About Parth Nexgen Services Private Limited
Data last updated:
Parth Nexgen Services Private Limited is a private limited company based in Delhi, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 17 June 2013.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74140DL2013PTC253984. Its GSTIN is 07AAJCM3567E2ZC (Delhi). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3.6 Cr and a paid-up capital of ₹1.04 Cr. It was formerly known as Mdg Consultants Private Limited. It is led by directors including Pawan Kumar and Saleem Chaudhary.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Adhunik Chambers Office No. 3 Ground Floor 13/29 East Patel Nagar, Delhi, India – 110008.
As per the financials filed for FY 2024, the company reported a revenue of ₹17.96 Cr, a growth of 36% compared to the previous year. For the same year it recorded a net loss of ₹14.02 Lakh (net margin -0.8%) and EBITDA of -₹2.13 Lakh (EBITDA margin -0.1%). Revenue has grown at a compounded annual rate (CAGR) of 66% over three years and 54% over five years.
Court records list 8 cases involving the company, including 8 filed against it; 8 cases are pending.
The last known website on record is mdgconsultants.in.
Company details
Name history
Parth Nexgen Services has undergone 2 name changes throughout its history. The company was previously known as Mdg Consultants Private Limited, and Parth Nexgen Services Private Limited. The current legal name is Parth Nexgen Services Private Limited.
| Company Name | Status |
|---|---|
| Parth Nexgen Services Private Limited | Current |
| Mdg Consultants Private Limited | Previous |
Contact details
Parth Nexgen Services Private Limited's registered office is in Delhi, Delhi. Its website is mdgconsultants.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressAdhunik Chambers Office No. 3 Ground Floor 13/29 East Patel Nagar, Delhi, India – 110008
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management, Business & IT Consulting
To see the full contact details of Parth Nexgen Services 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
Business activity
The main business activity of Parth Nexgen Services is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Parth Nexgen Services Private Limited, buy the company report.
Financials of Parth Nexgen Services Private Limited
FY 2024 filings availableParth Nexgen Services Private Limited reported revenue of ₹17.96 Cr (up 36% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 54% over five years, including 36% growth in the latest year. EBITDA fell 103% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹2.13 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹14.02 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.1% | ||||
| Net Profit Margin | -0.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| 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 Parth Nexgen Services Private Limited, buy the company report.
Board of directors of Parth Nexgen Services Private Limited
Parth Nexgen Services has 3 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pawan Kumar | Director | 20 Nov 2023 | 2 Years 11 Months | As last reported |
| Saleem Chaudhary | Director | 24 Feb 2023 | 3 Years 8 Months | As last reported |
| Pankaj Arora | Irp/Rp/Liquidator | 19 Jul 2025 | 1 Years 3 Months | As last reported |
Auditor
Parth Nexgen Services Private Limited is audited by AMIT GIDWANI & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AMIT GIDWANI & CO | FY 2022 | 037171N |
Shareholding
The shareholding of Parth Nexgen Services 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 Parth Nexgen Services Private Limited, buy the company report.
Legal cases
Parth Nexgen Services Private Limited has 8 court cases on record: 8 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 8 | 8 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by Iifl Finance Limited Through Its Authorized Office Mrs Mitali More | Pending |
| District court, Central, Delhi | Cheque dishonour complaint | Filed against the company by Tata Capital Limited | Pending |
| District court, South West, Delhi | Cheque dishonour complaint | Filed against the company by Hero Fincorp Limited | Pending |
| District court, South West, Delhi | Cheque dishonour complaint | Filed against the company by M/S HDFC Bank Ltd. | Pending |
| District court, West, Delhi | Cheque dishonour complaint | Filed against the company by Trucap Finance Limited | Pending |
To see the full case history of Parth Nexgen Services Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Parth Nexgen Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Parth Nexgen Services has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAJCM3567E2ZC | Delhi | Active | 17 Feb 2018 |
To see the full GST registrations and return filing status of Parth Nexgen Services Private Limited, buy the company report.
Recent activity
Parth Nexgen Services Private Limited has 18 board changes on record since 2014: 3 appointments and 15 cessations. The latest: Pankaj Arora was appointed as Irp/Rp/Liquidator on 19 Jul 2025.
9 earlier events are in the company report.
Frequently asked questions
Parth Nexgen Services is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Parth Nexgen Services is a company under insolvency, formerly operating as a private limited company based in Delhi, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 17 June 2013 and is registered under CIN U74140DL2013PTC253984. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Parth Nexgen Services has 3 current directors:
- Pawan Kumar - Director
- Saleem Chaudhary - Director
- Pankaj Arora - Irp/Rp/Liquidator
The latest financial statements of Parth Nexgen Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Parth Nexgen Services is U74140DL2013PTC253984. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Parth Nexgen Services has 8 court cases on record: 8 filed against it. 8 are pending.
Parth Nexgen Services was incorporated on 17 June 2013. It is registered with the Registrar of Companies, Delhi.
Pankaj Arora was appointed as Irp/Rp/Liquidator on 19 Jul 2025. Pawan Kumar ceased to be Additional Director on 29 Sep 2024. Pawan Kumar was appointed as Director on 20 Nov 2023. Parth Nexgen Services has 18 board changes on record in total.
Parth Nexgen Services can be reached through the website mdgconsultants.in. Its registered office is in Delhi, India.
The registered office of Parth Nexgen Services is at Adhunik Chambers Office No. 3 Ground Floor 1329 East Patel Nagar, Delhi, India – 110008.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
