MGH Foundation
About MGH Foundation
Data last updated:
MGH Foundation is a private not for profit company based in Ahmedabad, Gujarat, India. It was incorporated on 09 May 2023.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U86909GJ2023NPL140987.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Hiralben Chiragkumar Shah and Chirag Narendrakumar 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 Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹32,730, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹75,470 (net margin -230.6%) and EBITDA of -₹75,470 (EBITDA margin -230.6%).
Company details
Contact details
MGH Foundation's registered office is in Ahmedabad, Gujarat.
- Registered Address601 602 603 6th F 198 Tps, 05 Golden Icon Oppmedlink, Ahmedabad, Gujarat, India – 380015
- 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 MGH Foundation is human health and social work activities. In detail, this covers social work activities without accommodation.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| Q | Human health and social work activities | 88 | Social work activities without accommodation |
Financials of MGH Foundation
FY 2025 filings availableMGH Foundation reported revenue of ₹32,730 (down 98% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 98% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
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| Depreciation and Amortisation | ||
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| Total Expenses | ||
| EBITDA | -₹75,470 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹75,470 | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
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| Trade Payables | ||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -230.6% | |
| Net Profit Margin | -230.6% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
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| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
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| Inventory Days | ||
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| Net Profit Growth | ||
To see the full financial statements and ratios of MGH Foundation, buy the company report.
Board of directors of MGH Foundation
MGH Foundation has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hiralben Chiragkumar Shah Also directs: Mission Gastro Hospital LLP | Director | 09 May 2023 | 3 Years 6 Months | Current |
| Chirag Narendrakumar Shah Also directs: Mission Gastro Hospital LLP | Director | 09 May 2023 | 3 Years 6 Months | Current |
Peer comparison
MGH Foundation is compared with the 10 companies closest to it by revenue in the same principal business activity (social work activities without accommodation), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kimatrai Ramani Welfare Foundation | ₹34,000 (FY 2025) | -21.0% | Nagpur, Maharashtra, India | |||
| Dharavi Social Foundation | ₹33,653 (FY 2025) | Mumbai, Maharashtra, India | ||||
| Ganesh Puri Shubh Karam Sewa Foundation | ₹33,290 (FY 2025) | -4.0% | Sirsa, Haryana, India | |||
| Step4health India Foundation | ₹33,212 (FY 2025) | Mumbai, Maharashtra, India | ||||
| Arifa Simeen Foundation | ₹33,000 (FY 2025) | 120.0% | Bjopal, Madhya Pradesh, India | |||
| MGH Foundationthis company | ₹32,730 (FY 2025) | -₹75,470 | -230.6% | -98.0% | Ahmedabad, Gujarat, India | |
| Shree Valeshwar Hanumanji Ashram Foundation | ₹32,273 (FY 2025) | 9095.0% | Surat, Gujarat, India | |||
| Kayasidhi Vidyalaya Foundation | ₹31,516 (FY 2025) | -2.0% | Kolkata, West Bengal, India | |||
| Paschim Banga Asangathita Mahila Karmi Association | ₹31,000 (FY 2025) | 120.0% | Howrah, West Bengal, India | |||
| Brahmpunj Foundation | ₹30,975 (FY 2025) | Ghaziabad, Uttar Pradesh, India | ||||
| Omkareshwar Mahadev Welfare Foundation | ₹30,000 (FY 2025) | Mumbai, Maharashtra, India |
To see the full peer comparison of MGH Foundation, buy the company report.
Legal cases
No court or tribunal cases involving MGH Foundation 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 MGH Foundation; 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 MGH Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
MGH Foundation has 2 board changes on record since 2023: 2 appointments. The latest: Chirag Narendrakumar Shah was appointed as Director on 09 May 2023.
Frequently asked questions
MGH Foundation is an active private not for profit company based in Ahmedabad, Gujarat, India. It was incorporated on 09 May 2023 (3+ years old) and is registered under CIN U86909GJ2023NPL140987.
MGH Foundation has 2 current directors:
- Hiralben Chiragkumar Shah - Director
- Chirag Narendrakumar Shah - Director
The latest financial statements of MGH Foundation 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 2024 are in the company report.
The CIN (Corporate Identification Number) of MGH Foundation is U86909GJ2023NPL140987. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MGH Foundation was incorporated on 09 May 2023, making it 3+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of MGH Foundation by revenue are Kimatrai Ramani Welfare Foundation, Dharavi Social Foundation, Ganesh Puri Shubh Karam Sewa Foundation, Step4health India Foundation, Arifa Simeen Foundation and 5 more, all in the same principal business activity (social work activities without accommodation).
Chirag Narendrakumar Shah was appointed as Director on 09 May 2023. Hiralben Chiragkumar Shah was appointed as Director on 09 May 2023.
The registered office of MGH Foundation is at 601 602 603 6th F 198 Tps, 05 Golden Icon Oppmedlink, Ahmedabad, Gujarat, India – 380015.
MGH Foundation can be reached at its registered office: 601 602 603 6th F 198 Tps, 05 Golden Icon Oppmedlink, Ahmedabad, Gujarat, India – 380015.
MGH Foundation is registered under the jurisdiction of the Registrar of Companies (ROC), Ahmedabad.
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