About MG Mobiles India Private Limited
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MG Mobiles India Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Modi Motors Private Limited. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 13 October 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U32309DL2004PTC129883. Its GSTIN is 07AAECM1581F1ZM (Delhi). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹90 Lakh. It is led by directors Sunil Kumar Bhardwaj and Anil Sumanprasad Likhwar.
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 G – 2 Madhuban Building Nehru Place, New Delhi, Delhi, India – 110019.
As per the financials filed for FY 2025, the company reported a revenue of ₹55.07 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net loss of ₹1.61 Cr (net margin -2.9%) and EBITDA of -₹1.11 Cr (EBITDA margin -2%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 17% over five years.
The company has about 60 employees on its provident fund (EPFO) records.
Court records list 19 cases involving the company, including 1 filed by the company and 18 filed against it; 2 cases are pending. The company has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹84.8 Lakh; the latest was in November 2014.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mgmobiles.com.
Company details
Contact details
MG Mobiles India Private Limited's registered office is in New Delhi, Delhi. Its website is mgmobiles.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressG – 2 Madhuban Building Nehru Place, New Delhi, Delhi, India – 110019
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of MG Mobiles 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 Mobiles India is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of MG Mobiles India Private Limited, buy the company report.
Financials of MG Mobiles India Private Limited
FY 2025 filings availableMG Mobiles India Private Limited reported revenue of ₹55.07 Cr (down 20% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 17% over five years, including a 20% fall in the latest year. EBITDA rose 52% 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 | -₹1.11 Cr | ||||
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| Net Profit (PAT) | -₹1.61 Cr | ||||
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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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| Profitability | |||||
| EBITDA Margin | -2% | ||||
| Net Profit Margin | -2.9% | ||||
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To see the full financial statements and ratios of MG Mobiles India Private Limited, buy the company report.
Board of directors of MG Mobiles India Private Limited
MG Mobiles India has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Kumar Bhardwaj Also directs: Modi Motors Private Limited, Marcnow Meta Private Limited | Director | 21 Apr 2023 | 3 Years 6 Months | Current |
| Anil Sumanprasad Likhwar | Additional Director | 15 Sep 2025 | 1 Years 1 Months | Current |
Auditor
MG Mobiles India Private Limited is audited by SIDDHARTH J AND COMPANY for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SIDDHARTH J AND COMPANY | FY 2021 | 031927C |
Shareholding
The shareholding of MG Mobiles India Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of MG Mobiles India Private Limited, buy the company report.
Deals & funding
MG Mobiles India Private Limited has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹84.8 Lakh; the latest was in November 2014.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2014 | Secondary share transfer | Undisclosed | Buyer: Modi Motors Private Limited , an individual Seller: an individual |
| Sep 2008 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Modi Motors Private Limited , 2 individuals |
| Mar 2008 | Funding round | ₹84.8 Lakh | Investors: Modi Motors Private Limited |
| Mar 2005 | Secondary share transfer | Undisclosed | Buyer: Modi Motors Private Limited Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
MG Mobiles India Private Limited has 19 court cases on record: 1 filed by MG Mobiles India, 18 filed against it. 2 cases are pending and 17 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 17 | 2 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Criminal case | Filed against the company by an individual | Pending |
| District court, South East, Delhi | Execution petition | Filed against the company by an individual | Pending |
| District court, Central, Delhi | Court case (L I R) | Filed against the company by an individual | Disposed |
| District court, South, Delhi | Commercial suit | Filed against the company by an individual | Disposed |
| District court, Central, Delhi | Court case (L I R) | Filed against the company by individuals | Disposed |
To see the full case history of MG Mobiles India 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 MG Mobiles India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
MG Mobiles India Private Limited has a workforce of 60 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
MG Mobiles India has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAECM1581F1ZM | Delhi | Active | 01 Jul 2017 |
| 09AAECM1581F1ZI | Uttar Pradesh | Active | 18 Jun 2019 |
To see the full GST registrations and return filing status of MG Mobiles India Private Limited, buy the company report.
Recent activity
MG Mobiles India Private Limited has 10 board changes on record since 2008: 2 appointments and 8 cessations. The latest: Anil Sumanprasad Likhwar was appointed as Additional Director on 15 Sep 2025.
1 earlier event is in the company report.
Frequently asked questions
MG Mobiles India is an active private limited company based in New Delhi, Delhi, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 13 October 2004 (22+ years old) and is registered under CIN U32309DL2004PTC129883.
MG Mobiles India has 2 current directors:
- Sunil Kumar Bhardwaj - Director
- Anil Sumanprasad Likhwar - Additional Director
The latest financial statements of MG Mobiles 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 2015 are in the company report.
The GSTIN of MG Mobiles India is 07AAECM1581F1ZM, registered in Delhi. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 09AAECM1581F1ZI (Uttar Pradesh).
The CIN (Corporate Identification Number) of MG Mobiles India is U32309DL2004PTC129883. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MG Mobiles India has 19 court cases on record: 1 filed by the company and 18 filed against it. 2 are pending. Most are in the district courts.
MG Mobiles India was incorporated on 13 October 2004, making it 22+ years old. It is registered with the Registrar of Companies, Delhi.
MG Mobiles India has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹84.8 Lakh; the latest was in November 2014.
Anil Sumanprasad Likhwar was appointed as Additional Director on 15 Sep 2025. Sunil Kumar Bhardwaj ceased to be Director on 29 Oct 2024. Sunil Kumar Bhardwaj was appointed as Director on 21 Apr 2023. MG Mobiles India has 10 board changes on record in total.
MG Mobiles India can be reached through the website mgmobiles.com. Its registered office is in New Delhi, Delhi, India.
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