MGS Solutions Private Limited
About MGS Solutions Private Limited
Data last updated:
MGS Solutions Private Limited was a private limited company based in Kanpur, Uttar Pradesh, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the human resources segment of the professional services sector. It was incorporated on 24 January 2012.
The company was registered with the Registrar of Companies (ROC), Kanpur, under CIN U93030UP2012PTC048523. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Satyam Rathor and Manju Rathaur.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at 2/45 Krishna Nagar, Kanpur, Uttar Pradesh, India – 208007.
As per the financials filed for FY 2016, the company reported a revenue of ₹19.74 Lakh, a decline of 20% compared to the previous year. For the same year it recorded a net loss of ₹2.71 Lakh (net margin -13.7%) and EBITDA of -₹2.49 Lakh (EBITDA margin -12.6%).
Company details
Contact details
MGS Solutions Private Limited's registered office is in Kanpur, Uttar Pradesh.
- Registered Address2/45 Krishna Nagar, Kanpur, Uttar Pradesh, India – 208007
- IndustryProfessional Services, Human Resources, Placement Services
- 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 MGS Solutions is support service to organizations. In detail, this covers placement agencies and hr management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services |
To see the full business activity and turnover split of MGS Solutions Private Limited, buy the company report.
Financials of MGS Solutions Private Limited
FY 2016 filings availableMGS Solutions Private Limited reported revenue of ₹19.74 Lakh (down 20% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 20% in the latest year. EBITDA fell 255% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| 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 | -₹2.49 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹2.71 Lakh | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
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| Trade Payables | ||
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| Investments | ||
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| Cash and Bank Balance | ||
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Financial Ratios
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -12.6% | |
| Net Profit Margin | -13.7% | |
| 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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To see the full financial statements and ratios of MGS Solutions Private Limited, buy the company report.
Board of directors of MGS Solutions Private Limited
MGS Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satyam Rathor | Director | 28 Apr 2017 | 9 Years 6 Months | As last reported |
| Manju Rathaur | Director | 24 Jan 2012 | 14 Years 9 Months | As last reported |
Peer comparison
MGS Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (placement agencies and hr management services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rankers Solution Private Limited | ₹19.8 Lakh (FY 2024) | 2.0% | Chandigarh, India | |||
| Sapco Corporate Services Private Limited | ₹19.8 Lakh (FY 2025) | 4.0% | New Delhi, Delhi, India | |||
| U K Consultant (OPC) Private Limited | ₹19.8 Lakh (FY 2025) | 1.0% | New Delhi, Delhi, India | |||
| Offshorewave Private Limited | ₹19.78 Lakh (FY 2024) | Pune, Maharashtra, India | ||||
| Cheeron Life Private Limited | ₹19.75 Lakh (FY 2025) | 376.0% | Hyderabad, Telangana, India | |||
| MGS Solutions Private Limitedthis company | ₹19.74 Lakh (FY 2016) | -₹2.71 Lakh | -13.7% | -20.0% | Kanpur, Uttar Pradesh, India | |
| Continuum Consulting Services Private Limited | ₹19.74 Lakh (FY 2025) | 46.0% | Tiruvallur, Tamil Nadu, India | |||
| JDR Placement Consultants Private Limited | ₹19.71 Lakh (FY 2025) | 46.0% | New Delhi, Delhi, India | |||
| Rtex HR Services Private Limited | ₹19.69 Lakh (FY 2019) | 922.0% | Chandigarh, India | |||
| Scimox Product and Services Private Limited | ₹19.69 Lakh (FY 2025) | -58.0% | Hardoi, Uttar Pradesh, India | |||
| Velocida Private Limited | ₹19.69 Lakh (FY 2025) | -30.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of MGS Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving MGS Solutions 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 MGS Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
MGS Solutions 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 MGS Solutions Private Limited, buy the company report.
Recent activity
MGS Solutions Private Limited has 3 board changes on record since 2012: 2 appointments and 1 cessation. The latest: Satyam Rathor was appointed as Director on 28 Apr 2017.
Frequently asked questions
MGS Solutions has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
MGS Solutions was a private limited company based in Kanpur, Uttar Pradesh, India. The company worked in human resources, within the professional services industry. It was incorporated on 24 January 2012 and is registered under CIN U93030UP2012PTC048523. The company has been struck off by the Registrar of Companies and is no longer operational.
MGS Solutions had 2 directors:
- Satyam Rathor - Director
- Manju Rathaur - Director
The CIN (Corporate Identification Number) of MGS Solutions is U93030UP2012PTC048523. 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 MGS Solutions is at 245 Krishna Nagar, Kanpur, Uttar Pradesh, India – 208007.
MGS Solutions was incorporated on 24 January 2012. It is registered with the Registrar of Companies, Kanpur.
The latest financial statements of MGS Solutions on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. MGS Solutions has 1 GST registration on record and it is cancelled or inactive.
MGS Solutions operated in the professional services industry, in the human resources segment. It worked in this industry before it was struck off.
The peers of MGS Solutions by revenue are Rankers Solution Private Limited, Sapco Corporate Services Private Limited, U K Consultant (OPC) Private Limited, Offshorewave Private Limited, Cheeron Life Private Limited and 5 more, all in the same principal business activity (placement agencies and hr management services).
Satyam Rathor was appointed as Director on 28 Apr 2017. Subhash Chandra Gupta ceased to be Director on 28 Apr 2017. Manju Rathaur was appointed as Director on 24 Jan 2012.
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