MG Initiative India Private Limited
About MG Initiative India Private Limited
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MG Initiative India Private Limited is a private limited company based in Lucknow, Uttar Pradesh, India. It operates in the primary education segment of the education and learning sector. It was incorporated on 29 January 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U80100UP2019PTC112935.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Prashast Shukla and Pramod Chandra Shukla.
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 K – 1254 Aashiyana Coloney Kp Road, Lucknow, Uttar Pradesh, India – 226012.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
MG Initiative India Private Limited's registered office is in Lucknow, Uttar Pradesh. Its e-mail address is in the company report.
- Email
- Registered AddressK – 1254 Aashiyana Coloney Kp Road, Lucknow, Uttar Pradesh, India – 226012
- IndustryEducation & Learing, Primary Education
To see the full contact details of MG Initiative India 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 Initiative India 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 MG Initiative India Private Limited, buy the company report.
Financials of MG Initiative India Private Limited
FY 2025 filings availableMG Initiative India Private Limited reported revenue of ₹684 (down 100% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 75% over five 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
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Financial Ratios
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To see the full financial statements and ratios of MG Initiative India Private Limited, buy the company report.
Board of directors of MG Initiative India Private Limited
MG Initiative India has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prashast Shukla | Director | 29 Jan 2019 | 7 Years 9 Months | Current |
| Pramod Chandra Shukla | Director | 29 Jan 2019 | 7 Years 9 Months | Current |
Peer comparison
MG Initiative India Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other support services to organizations), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Expression Impression Labs Private Limited | ₹700 (FY 2025) | -100.0% | Raipur, Chhattisgarh, India | |||
| Xecutelab Technologies Private Limited | ₹700 (FY 2022) | -100.0% | New Delhi, Delhi, India | |||
| O2 Startups Services Private Limited | ₹700 (FY 2025) | -100.0% | Ghaziabad, Uttar Pradesh, India | |||
| Rahmah Women Welfare Foundation | ₹700 (FY 2022) | Malegaon, Maharashtra, India | ||||
| Aprajit Jan Seva Foundation | ₹700 (FY 2025) | -99.0% | Delhi, India | |||
| MG Initiative India Private Limitedthis company | ₹684 (FY 2025) | -100.0% | Lucknow, Uttar Pradesh, India | |||
| Vetrav Private Limited | ₹683 (FY 2024) | Mumbai, Maharashtra, India | ||||
| Cinema Plans Private Limited | ₹667 (FY 2025) | -100.0% | Bangalore, Karnataka, India | |||
| Sindhoor Marketing Private Limited | ₹660 (FY 2018) | Bangalore, Karnataka, India | ||||
| Shachi Business Solutions India Private Limited | ₹650 (FY 2025) | -100.0% | New Delhi, Delhi, India | |||
| Innovative Treasures Foundation | ₹640 (FY 2019) | -88.0% | Delhi, India |
To see the full peer comparison of MG Initiative India Private Limited, buy the company report.
Auditor
MG Initiative India Private Limited is audited by LAXMI TRIPTI & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| LAXMI TRIPTI & ASSOCIATES | FY 2022 | 009189C |
Shareholding
The shareholding of MG Initiative India Private Limited is on record for 3 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of MG Initiative India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving MG Initiative India 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 Initiative India 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 Initiative India Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
MG Initiative India Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Pramod Chandra Shukla was appointed as Director on 29 Jan 2019.
Frequently asked questions
MG Initiative India is an active private limited company based in Lucknow, Uttar Pradesh, India. The company works in primary education, within the education and learning industry. It was incorporated on 29 January 2019 (7+ years old) and is registered under CIN U80100UP2019PTC112935.
MG Initiative India has 2 current directors:
- Prashast Shukla - Director
- Pramod Chandra Shukla - Director
The latest financial statements of MG Initiative India 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 2019 are in the company report.
The CIN (Corporate Identification Number) of MG Initiative India is U80100UP2019PTC112935. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MG Initiative India was incorporated on 29 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
The peers of MG Initiative India by revenue are Expression Impression Labs Private Limited, Xecutelab Technologies Private Limited, O2 Startups Services Private Limited, Rahmah Women Welfare Foundation, Aprajit Jan Seva Foundation and 5 more, all in the same principal business activity (other support services to organizations).
Pramod Chandra Shukla was appointed as Director on 29 Jan 2019. Prashast Shukla was appointed as Director on 29 Jan 2019.
The registered office of MG Initiative India is at K – 1254 Aashiyana Coloney Kp Road, Lucknow, Uttar Pradesh, India – 226012.
MG Initiative India operates in the education and learning industry, in the primary education segment.
The compliance status of MG Initiative India is compliant as of 24 August 2026. The company is actively filing with the Registrar of Companies.
MG Initiative India can be reached at its registered office: K – 1254 Aashiyana Coloney Kp Road, Lucknow, Uttar Pradesh, India – 226012.
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