Mag Nextgen Limited
About Mag Nextgen Limited
Data last updated:
Mag Nextgen Limited is a public limited company based in New Delhi, Delhi, India. It operates in the diversified business activities segment of the business services sector. It was incorporated on 19 September 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2020PLC370161.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Mag Ventures Limited and Mag Global Consultant Limited. It is led by directors including Pradeep Kumar and Himanshu Sharma.
Its last annual general meeting (AGM) was held on 27 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at De 147, Second Floor, New Delhi, Delhi, India – 110027.
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- Registered AddressDe 147, Second Floor, New Delhi, Delhi, India – 110027
- IndustryBusiness Services, Miscellaneous Business Activities, Other Services
- 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
- One PDF report, delivered after checkout
Business Activity of Mag Nextgen Limited
The main business activity of Mag Nextgen is professional, scientific and technical. In detail, this covers accounting, book keeping and auditing activities, tax consultancy.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M2 | Accounting, book keeping and auditing activities, tax consultancy | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Mag Nextgen Limited FY 2025 filings available
Mag Nextgen Limited reported revenue of ₹280 (down 100% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Mag Nextgen Limited
Revenue has declined at a compounded annual rate (CAGR) of 95% over three years. 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 of Mag Nextgen Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• | •••• | •••• |
| 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 of Mag Nextgen Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Mag Nextgen are in the company report.
Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Mag Nextgen Limited
Mag Nextgen Limited is compared with the companies closest to it by revenue in the same principal business activity (Accounting, book keeping and auditing activities, tax consultancy). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Qikgrow Consultancy (OPC) Private Limited | ₹570 (FY 2023) | •••• | •••• | -100.0% | •••• | Alwar, Rajasthan, India |
| Skart Business Consulting Private Limited | ₹500 (FY 2020) | •••• | •••• | •••• | Kalyan, Maharashtra, India | |
| Copestone Corporate Consulting Private Limited | ₹500 (FY 2024) | •••• | •••• | -98.0% | •••• | Bangalore, Karnataka, India |
| Rockfaith Consulting Private Limited | ₹500 (FY 2025) | •••• | •••• | -90.0% | •••• | Chandigarh, India |
| Jakhoo Relations Private Limited | ₹289 (FY 2024) | •••• | •••• | -100.0% | •••• | Delhi, India |
| Mag Nextgen Limited this company | ₹280 (FY 2025) | •••• | •••• | -100.0% | •••• | New Delhi, Delhi, India |
| Onetax Corporate Services Private Limited | ₹266 (FY 2021) | •••• | •••• | -100.0% | •••• | Bangalore, Karnataka, India |
| Divyajyoti Business Solutions Private Limited | ₹260 (FY 2021) | •••• | •••• | -99.0% | •••• | Kolkata, West Bengal, India |
| SRS Corporate Consulting Private Limited | ₹250 (FY 2021) | •••• | •••• | -100.0% | •••• | Hyderabad, Telangana, India |
| Jacks Home Products Limited | ₹236 (FY 2024) | •••• | •••• | -100.0% | •••• | Kolkata, West Bengal, India |
| E-Umang Consultancy Private Limited | ₹200 (FY 2025) | •••• | •••• | -100.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Mag Nextgen by revenue in the same principal business activity (Accounting, book keeping and auditing activities, tax consultancy), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Mag Nextgen Limited
Mag Nextgen has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pradeep Kumar | Director | 19 Sep 2020 | 6 Years 0 Months | Current |
| Himanshu Sharma Also directs: Margy Advisors Private Limited | Director | 19 Sep 2020 | 6 Years 0 Months | Current |
| Rahul Garg Also directs: Margy Advisors Private Limited | Director | 19 Sep 2020 | 6 Years 0 Months | Current |
Ownership and Shareholding of Mag Nextgen Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Mag Nextgen Limited
Mag Nextgen Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Mag Nextgen Limited
Mag Nextgen Limited has a workforce of 0 employees as of Apr 05, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Name History of Mag Nextgen Limited
Mag Nextgen has undergone 3 name changes throughout its history. The company was previously known as Mag Ventures Limited, Mag Global Consultant Limited, and Margy Consultancy Limited. The current legal name is Mag Nextgen Limited.
| Company Name | Status |
|---|---|
| Mag Nextgen Limited | Current |
| Mag Ventures Limited | Previous |
| Mag Global Consultant Limited | Previous |
| Margy Consultancy Limited | Previous |
Recent Activity on Mag Nextgen Limited
Mag Nextgen Limited has 3 board changes on record since 2020: 3 appointments. The latest: Himanshu Sharma was appointed as Director on 19 Sep 2020.
Credit Ratings, Litigation & Regulatory Alerts for Mag Nextgen Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Mag Nextgen Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Mag Nextgen Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Mag Nextgen Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Mag Nextgen Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Mag Nextgen Limited
Mag Nextgen is an active public limited company based in New Delhi, Delhi, India. The company works in miscellaneous business activities, within the business services industry. It was incorporated on 19 September 2020 (6+ years old) and is registered under CIN U74999DL2020PLC370161.
Mag Nextgen has 3 current directors:
- Pradeep Kumar - Director
- Himanshu Sharma - Director
- Rahul Garg - Director
The CIN (Corporate Identification Number) of Mag Nextgen is U74999DL2020PLC370161. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mag Nextgen was incorporated on 19 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Mag Nextgen by revenue are Qikgrow Consultancy (OPC) Private Limited, Skart Business Consulting Private Limited, Copestone Corporate Consulting Private Limited, Rockfaith Consulting Private Limited, Jakhoo Relations Private Limited and 5 more, all in the same principal business activity (Accounting, book keeping and auditing activities, tax consultancy).
Himanshu Sharma was appointed as Director on 19 Sep 2020. Pradeep Kumar was appointed as Director on 19 Sep 2020. Rahul Garg was appointed as Director on 19 Sep 2020.
The registered office of Mag Nextgen is at De 147, Second Floor, New Delhi, Delhi, India – 110027.
Mag Nextgen has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh.
Mag Nextgen operates in the business services industry, in the miscellaneous business activities segment.
No. Mag Nextgen is not listed on any stock exchange. It is an unlisted company.
Yes. Mag Nextgen was formerly known as Mag Ventures Limited, Mag Global Consultant Limited, Margy Consultancy Limited.