Mgee Marketing Services Private Limited
About Mgee Marketing Services Private Limited
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Mgee Marketing Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the medical equipment retail and distribution segment of the healthcare sector. It was incorporated on 19 November 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51100MH1997PTC111961. Its GSTIN is 26AAACM9726C1ZL (Dadra and Nagar Haveli and Daman and Diu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹7.5 Lakh. It is led by directors including Fatechand Mulchand Shah and Jayesh Ashoak Shah.
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 B/17 – 18 Wadala Udyog Bhavanb Naigaon Cross Road Wadala, Mumbai, Maharashtra, India – 400031.
As per the financials filed for FY 2025, the company reported a revenue of ₹94.92 Lakh, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹67.04 Lakh (net margin 70.6%) and EBITDA of ₹83.37 Lakh (EBITDA margin 87.8%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 3% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Mgee Marketing Services has one previous CIN (Corporate Identification Number): U51100MH2004PTC111961. The current CIN is U51100MH1997PTC111961, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51100MH1997PTC111961 | Current |
| U51100MH2004PTC111961 | Previous |
Contact details
Mgee Marketing Services Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB/17 – 18 Wadala Udyog Bhavanb Naigaon Cross Road Wadala, Mumbai, Maharashtra, India – 400031
- IndustryHealthcare, Medical Equipment Retail & Distribution
To see the full contact details of Mgee Marketing Services 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 Mgee Marketing Services Private Limited
FY 2025 filings availableMgee Marketing Services Private Limited reported revenue of ₹94.92 Lakh (up 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 4% growth in the latest year. EBITDA fell 4% 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 | ₹83.37 Lakh | ||||
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| Net Profit (PAT) | ₹67.04 Lakh | ||||
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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 | 87.8% | ||||
| Net Profit Margin | 70.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Mgee Marketing Services Private Limited, buy the company report.
Board of directors of Mgee Marketing Services Private Limited
Mgee Marketing Services has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Fatechand Mulchand Shah Also directs: Mulisha Chemical Works Pvt Ltd, Rivipac Polymers Private Limited | Director | 27 Dec 1997 | 28 Years 10 Months | Current |
| Jayesh Ashoak Shah Also directs: Mul Health Care Products Private Limited | Director | 27 Dec 1997 | 28 Years 10 Months | Current |
| Rishikesh Fatehchand Shah Also directs: Rivipac Polymers Private Limited, Friends 4Ever Enterprises LLP, Mul Dentpro Private Limited and 3 more | Director | 16 Feb 2023 | 3 Years 8 Months | Current |
| Kavitta Shah Chandu | Director | 12 Nov 1999 | 26 Years 11 Months | Current |
| Laxmibai Fatehchand Shah | Director | 12 Nov 1999 | 26 Years 11 Months | Current |
Peer comparison
Mgee Marketing Services Private Limited is compared with the 10 companies closest to it by revenue in the Healthcare industry (Healthcare Equipment Retail and Distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Medlink Devices Private Limited | ₹97.15 Lakh (FY 2023) | -69.0% | Mumbai, Maharashtra, India | |||
| Quadra Orthosurge Private Limited | ₹96.93 Lakh (FY 2025) | 4.0% | Aurangabad, Maharashtra, India | |||
| Ipr Ventures Private Limited | ₹96.33 Lakh (FY 2024) | 93.0% | Delhi, India | |||
| Swatika Ventures Private Limited | ₹95.08 Lakh (FY 2025) | 78.0% | Kolkata, West Bengal, India | |||
| Apexshark Infrastructure Private Limited | ₹94.98 Lakh (FY 2024) | -95.0% | New Delhi, Delhi, India | |||
| Mgee Marketing Services Private Limitedthis company | ₹94.92 Lakh (FY 2025) | ₹67.04 Lakh | 70.6% | 4.0% | Mumbai, Maharashtra, India | |
| Fornix Life Sciences Private Limited | ₹94.43 Lakh (FY 2025) | 79.0% | Chalakudy, Kerala, India | |||
| Zykem Healthcare Private Limited | ₹94.38 Lakh (FY 2023) | -21.0% | Jabalpur, Madhya Pradesh, India | |||
| Advance Pharmatech Drugs Private Limited | ₹94.33 Lakh (FY 2024) | 46.0% | Jaipur, Rajasthan, India | |||
| Kansara Scientific (OPC) Private Limited | ₹94.12 Lakh (FY 2025) | 6.0% | Rewalsar, Himachal Pradesh, India | |||
| Muthu Pharma Agencies Private Limited | ₹94.06 Lakh (FY 2024) | -13.0% | Road Egmore Chennai, Tamil Nadu, India |
To see the full peer comparison of Mgee Marketing Services Private Limited, buy the company report.
Auditor
Mgee Marketing Services Private Limited is audited by B P SHAH & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B P SHAH & CO | FY 2020 | 109517W |
Shareholding
The shareholding of Mgee Marketing Services Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | 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 Mgee Marketing Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Mgee Marketing Services 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 Mgee Marketing Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mgee Marketing Services has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 26AAACM9726C1ZL | Dadra and Nagar Haveli and Daman and Diu | Active | 01 Aug 2020 |
To see the full GST registrations and return filing status of Mgee Marketing Services Private Limited, buy the company report.
Recent activity
Mgee Marketing Services Private Limited has 7 board changes on record since 1997: 5 appointments and 2 cessations. The latest: Rishikesh Fatehchand Shah ceased to be Additional Director on 29 Sep 2023.
Frequently asked questions
Mgee Marketing Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in medical equipment retail and distribution, within the healthcare industry. It was incorporated on 19 November 1997 (29+ years old) and is registered under CIN U51100MH1997PTC111961.
Mgee Marketing Services has 5 current directors:
- Fatechand Mulchand Shah - Director
- Jayesh Ashoak Shah - Director
- Rishikesh Fatehchand Shah - Director
- Kavitta Shah Chandu - Director
- Laxmibai Fatehchand Shah - Director
The latest financial statements of Mgee Marketing Services 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 Mgee Marketing Services is 26AAACM9726C1ZL, registered in Dadra and Nagar Haveli and Daman and Diu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Mgee Marketing Services is U51100MH1997PTC111961. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mgee Marketing Services was incorporated on 19 November 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Mgee Marketing Services by revenue are Medlink Devices Private Limited, Quadra Orthosurge Private Limited, Ipr Ventures Private Limited, Swatika Ventures Private Limited, Apexshark Infrastructure Private Limited and 5 more, all in the Healthcare industry (Healthcare Equipment Retail and Distribution).
Rishikesh Fatehchand Shah ceased to be Additional Director on 29 Sep 2023. Rishikesh Fatehchand Shah was appointed as Director on 16 Feb 2023. Nirmala Motilal Shah ceased to be Director on 01 Nov 2007. Mgee Marketing Services has 7 board changes on record in total.
The registered office of Mgee Marketing Services is at B17 – 18 Wadala Udyog Bhavanb Naigaon Cross Road Wadala, Mumbai, Maharashtra, India – 400031.
Mgee Marketing Services operates in the healthcare industry, in the medical equipment retail and distribution segment.
The compliance status of Mgee Marketing Services is compliant as of 01 July 2026. The company is actively filing with the Registrar of Companies.
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