Mgi Group India Private Limited
About Mgi Group India Private Limited
Data last updated:
Mgi Group India Private Limited was a foreign private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Mitsui & Co. Global Investment Ltd.. The company has been dissolved (liquidated) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 12 January 2012.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2012FTC225958. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.51 Cr. It was led by directors including Amit Sachdev and Daisuke Makino.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2017, the company reported a revenue of ₹26.42 Lakh, a decline of 71% compared to the previous year. For the same year it recorded a net loss of ₹25.75 Lakh (net margin -97.5%) and EBITDA of -₹25.49 Lakh (EBITDA margin -96.5%).
Company details
Contact details
Mgi Group India Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlatina Unit No. 704 7th Floor Plot No. C 59 G – Block Bandra Kurla Complex Bandra – E, Ast, Mumbai, Maharashtra, India – 400051
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of Mgi Group 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
Financials of Mgi Group India Private Limited
FY 2017 filings availableMgi Group India Private Limited reported revenue of ₹26.42 Lakh (down 71% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 71% in the latest year. EBITDA fell 266% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹26.42 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹25.49 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹25.75 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -96.5% | ||
| Net Profit Margin | -97.5% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Mgi Group India Private Limited, buy the company report.
Board of directors of Mgi Group India Private Limited
Mgi Group India has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Sachdev | Director | 09 Apr 2016 | 10 Years 6 Months | As last reported |
| Daisuke Makino | Director | 29 Mar 2017 | 9 Years 7 Months | As last reported |
| Mutsuki Takano | Director | 19 May 2017 | 9 Years 5 Months | As last reported |
Peer comparison
Mgi Group India Private Limited is compared with the 10 companies closest to it by revenue in the Consumer Services industry (Professional Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hare Rama Krishna Enterprises Private Limited | ₹26.58 Lakh (FY 2024) | 183.0% | Bengaluru, Karnataka, India | |||
| Ocean Maintenancebureau Private Limited | ₹26.57 Lakh (FY 2025) | -5.0% | Noida, Uttar Pradesh, India | |||
| Crosstown Power (India) Private Limited | ₹26.52 Lakh (FY 2024) | 78.0% | Ahmedabad, Gujarat, India | |||
| Sag Management Services Private Limited | ₹26.45 Lakh (FY 2025) | 3.0% | Delhi, India | |||
| Job Safety First Private Limited | ₹26.42 Lakh (FY 2025) | 8.0% | Greater Noida, Uttar Pradesh, India | |||
| Mgi Group India Private Limitedthis company | ₹26.42 Lakh (FY 2017) | -₹25.75 Lakh | -97.5% | -71.0% | Mumbai, Maharashtra, India | |
| Zee Enterprises Private Limited | ₹26.41 Lakh (FY 2025) | 13.0% | New Delhi, Delhi, India | |||
| Digion Techsol Private Limited | ₹26.4 Lakh (FY 2021) | 77.0% | Mumbai, Maharashtra, India | |||
| Nayamee Homes Infrastructure Private Limited | ₹26.4 Lakh (FY 2025) | -80.0% | Meerut, Uttar Pradesh, India | |||
| Artdeco Interior Private Limited | ₹26.39 Lakh (FY 2024) | Dadri, Uttar Pradesh, India | ||||
| Bindiya Capital Private Limited | ₹26.34 Lakh (FY 2024) | -13.0% | Delhi, India |
To see the full peer comparison of Mgi Group India Private Limited, buy the company report.
Auditor
Mgi Group India Private Limited is audited by DELOITTE HASKINS & SELLS for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DELOITTE HASKINS & SELLS | FY 2017 | 117364W |
Shareholding
The shareholding of Mgi Group India Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Mgi Group India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Mgi Group 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 Mgi Group India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mgi Group India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Mgi Group India Private Limited, buy the company report.
Recent activity
Mgi Group India Private Limited has 15 board changes on record since 2012: 3 appointments and 12 cessations. The latest: Daisuke Makino ceased to be Additional Director on 29 Sep 2017.
6 earlier events are in the company report.
Frequently asked questions
Mgi Group India has been "Dissolved (Liquidated)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Mgi Group India was a foreign private limited company based in Mumbai, Maharashtra, India. The company worked in consumer professional services, within the travel and hospitality industry. It was incorporated on 12 January 2012 and is registered under CIN U74120MH2012FTC225958. The company is recorded as dissolved (liquidated) in MCA records and no longer exists as a legal entity.
Mgi Group India was incorporated on 12 January 2012. It is registered with the Registrar of Companies, Mumbai.
Mgi Group India had 3 directors:
- Amit Sachdev - Director
- Daisuke Makino - Director
- Mutsuki Takano - Director
The CIN (Corporate Identification Number) of Mgi Group India is U74120MH2012FTC225958. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Mgi Group India is at Platina Unit No. 704 7th Floor Plot No. C 59 G – Block Bandra Kurla Complex Bandra – E, Ast, Mumbai, Maharashtra, India – 400051.
The latest financial statements of Mgi Group India on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
No. Mgi Group India has 1 GST registration on record and it is cancelled or inactive.
Mgi Group India operated in the travel and hospitality industry, in the consumer professional services segment.
The peers of Mgi Group India by revenue are Hare Rama Krishna Enterprises Private Limited, Ocean Maintenancebureau Private Limited, Crosstown Power (India) Private Limited, Sag Management Services Private Limited, Job Safety First Private Limited and 5 more, all in the Consumer Services industry (Professional Services).
Daisuke Makino ceased to be Additional Director on 29 Sep 2017. Mutsuki Takano ceased to be Additional Director on 29 Sep 2017. Kiyoshi Okubo ceased to be Director on 19 May 2017. Mgi Group India has 15 board changes on record in total.
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