MG Asia Sourcing Private Limited
About MG Asia Sourcing Private Limited
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MG Asia Sourcing Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the business support services segment of the business services sector. It was incorporated on 07 December 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51909DL2005PTC143409.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹89.75 Lakh. It is led by directors Monika Goyal and Rajesh Kumar Goyal.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Wz – 64 – A First Floor Gurunanak Nagar Tilak Nagar New Delhi, Delhi, India – 110018.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.78 Lakh, a decline of 65% compared to the previous year. For the same year it recorded a net loss of ₹35,446 (net margin -20%) and EBITDA of -₹47,789 (EBITDA margin -26.9%). Revenue has declined at a compounded annual rate (CAGR) of 26% over three years and 24% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
MG Asia Sourcing 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 AddressWz – 64 – A First Floor Gurunanak Nagar Tilak Nagar New Delhi, Delhi, India – 110018
- IndustryBusiness Services, Business Support Services
To see the full contact details of MG Asia Sourcing 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 MG Asia Sourcing is administrative and support service activities. In detail, this covers office administrative, office support and other business support activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Administrative and support service activities | 82 | Office administrative, office support and other business support activities |
To see the full business activity and turnover split of MG Asia Sourcing Private Limited, buy the company report.
Financials of MG Asia Sourcing Private Limited
FY 2025 filings availableMG Asia Sourcing Private Limited reported revenue of ₹1.78 Lakh (down 65% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 24% over five years, including a 65% fall in the latest year. EBITDA rose 97% 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 | -₹47,789 | ||||
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| Net Profit (PAT) | -₹35,446 | ||||
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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 | -26.9% | ||||
| Net Profit Margin | -20% | ||||
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To see the full financial statements and ratios of MG Asia Sourcing Private Limited, buy the company report.
Board of directors of MG Asia Sourcing Private Limited
MG Asia Sourcing has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Monika Goyal Also directs: Mahesh Polymers Private Limited | Director | 07 Dec 2005 | 20 Years 10 Months | Current |
| Rajesh Kumar Goyal | Director | 07 Dec 2005 | 20 Years 10 Months | Current |
Auditor
MG Asia Sourcing Private Limited is audited by BHARAT SHYAM & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHARAT SHYAM & ASSOCIATES | FY 2023 | 024926N |
Shareholding
The shareholding of MG Asia Sourcing 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 MG Asia Sourcing Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving MG Asia Sourcing 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 MG Asia Sourcing Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for MG Asia Sourcing Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
MG Asia Sourcing Private Limited has 2 board changes on record since 2005: 2 appointments. The latest: Monika Goyal was appointed as Director on 07 Dec 2005.
Frequently asked questions
MG Asia Sourcing is an active private limited company based in New Delhi, Delhi, India. The company works in business support services, within the business services industry. It was incorporated on 07 December 2005 (21+ years old) and is registered under CIN U51909DL2005PTC143409.
MG Asia Sourcing has 2 current directors:
- Monika Goyal - Director
- Rajesh Kumar Goyal - Director
The latest financial statements of MG Asia Sourcing on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of MG Asia Sourcing is U51909DL2005PTC143409. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MG Asia Sourcing was incorporated on 07 December 2005, making it 21+ years old. It is registered with the Registrar of Companies, Delhi.
Monika Goyal was appointed as Director on 07 Dec 2005. Rajesh Kumar Goyal was appointed as Director on 07 Dec 2005.
The registered office of MG Asia Sourcing is at Wz – 64 – A First Floor Gurunanak Nagar Tilak Nagar New Delhi, Delhi, India – 110018.
MG Asia Sourcing operates in the business services industry, in the business support services segment.
The compliance status of MG Asia Sourcing is compliant as of 22 July 2026. The company is actively filing with the Registrar of Companies.
MG Asia Sourcing can be reached at its registered office: Wz – 64 – A First Floor Gurunanak Nagar Tilak Nagar New Delhi, Delhi, India – 110018.
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