Mag Associates Private Limited
About Mag Associates Private Limited
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Mag Associates Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 07 October 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U70101DL2004PTC129713. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Sachin Garg and Gaurav Garg.
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 H. No – 428 S.F. Main Road Jagriti Enclave Karkardooma, New Delhi, Delhi, India – 110092.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.07 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹14,032 (net margin 13.1%) and EBITDA of ₹18,750 (EBITDA margin 17.5%). Revenue has declined at a compounded annual rate (CAGR) of 25% over three years and 52% over five years.
As per MCA filings, the company has satisfied charges of ₹50 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Mag Associates Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressH. No – 428 S.F. Main Road Jagriti Enclave Karkardooma, New Delhi, Delhi, India – 110092
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Mag Associates 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 Mag Associates Private Limited
FY 2024 filings availableMag Associates Private Limited reported revenue of ₹1.07 Lakh (up 197% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 197% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 52%. EBITDA rose 22% 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 | ₹18,750 | ||||
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| Net Profit (PAT) | ₹14,032 | ||||
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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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| EBITDA Margin | 17.5% | ||||
| Net Profit Margin | 13.1% | ||||
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To see the full financial statements and ratios of Mag Associates Private Limited, buy the company report.
Board of directors of Mag Associates Private Limited
Mag Associates has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sachin Garg | Director | 16 Apr 2021 | 5 Years 6 Months | Current |
| Gaurav Garg | Director | 22 Nov 2013 | 12 Years 11 Months | Current |
Auditor
Mag Associates Private Limited is audited by Nikhil Goyal & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Nikhil Goyal & Co. | FY 2023 | 028074N |
Shareholding
The shareholding of Mag Associates Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mag Associates Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Apr 2010 | 10221770 | Axis Bank Limited | ₹50 Cr | Satisfied |
To see the full charge records of Mag Associates Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Mag Associates Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North, Delhi | Civil suit | Filed against the company | Pending |
To see the full case history of Mag Associates 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 Mag Associates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mag Associates has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Mag Associates Private Limited, buy the company report.
Recent activity
Mag Associates Private Limited has 7 board changes on record since 2013: 2 appointments and 5 cessations. The latest: Sachin Garg ceased to be Additional Director on 20 Oct 2021.
1 earlier event is in the company report.
Frequently asked questions
Mag Associates is an active private limited company based in New Delhi, Delhi, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 07 October 2004 (22+ years old) and is registered under CIN U70101DL2004PTC129713.
Mag Associates has 2 current directors:
- Sachin Garg - Director
- Gaurav Garg - Director
The latest financial statements of Mag Associates 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.
No. Mag Associates has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Mag Associates is U70101DL2004PTC129713. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mag Associates has 1 court case on record: 1 filed against it. 1 is pending.
Mag Associates was incorporated on 07 October 2004, making it 22+ years old. It is registered with the Registrar of Companies, Delhi.
Sachin Garg ceased to be Additional Director on 20 Oct 2021. Mukesh Chauhan ceased to be Director on 19 Apr 2021. Sachin Garg was appointed as Director on 16 Apr 2021. Mag Associates has 7 board changes on record in total.
The registered office of Mag Associates is at H. No – 428 S.F. Main Road Jagriti Enclave Karkardooma, New Delhi, Delhi, India – 110092.
Mag Associates operates in the real estate and construction industry, in the real estate builders and developers segment.