Startup India Government of India
Mgvision Business Solutions Private Limited - business services in Navi Mumbai, Maharashtra, India. Directors, charges & compliance details.
Revenue · FY 2020
₹35,318
▼ 95% YoY
Net loss · FY 2020
₹3,016
Net margin -8.5%
EBITDA · FY 2020
₹16,841
EBITDA margin 47.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Last financials
Mar 2020
Balance sheet date
About Mgvision Business Solutions Private Limited
Data last updated:
Mgvision Business Solutions Private Limited was a private limited company based in Navi Mumbai, Maharashtra, 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 service-based operations segment of the business services sector. It was incorporated on 13 February 2018.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2018PTC305034.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was led by directors Bapurao Ramchandra Mane and Dhananjay Ambadas Gaikwad.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at Shop 6 Shah Heights Plot No 22 Sector 7 Behind Hiranandani Kharghar, Navi Mumbai, Maharashtra, India – 410210.
As per the financials filed for FY 2020, the company reported a revenue of ₹35,318, a decline of 95% compared to the previous year. For the same year it recorded a net loss of ₹3,016 (net margin -8.5%) and EBITDA of ₹16,841 (EBITDA margin 47.7%).
The last known website on record is mgvision.in.
Company details
CIN U74999MH2018PTC305034
Registration Number 305034
Incorporation Date 13 February 2018
ROC Mumbai
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 31 December 2020
Date of Balance Sheet 31 March 2020
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Mgvision Business Solutions
Contact details
Mgvision Business Solutions Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is mgvision.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressShop 6 Shah Heights Plot No 22 Sector 7 Behind Hiranandani Kharghar, Navi Mumbai, Maharashtra, India – 410210
- IndustryBusiness Services, Other Services, Miscellaneous Business Activities
To see the full contact details of Mgvision Business Solutions Private Limited, buy the company report.
Comprehensive company report
Mgvision Business Solutions Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Mgvision Business Solutions is professional, scientific and technical. In detail, this covers legal activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M1 | Legal activities |
To see the full business activity and turnover split of Mgvision Business Solutions Private Limited, buy the company report.
Financials of Mgvision Business Solutions Private Limited
FY 2020 filings availableMgvision Business Solutions Private Limited reported revenue of ₹35,318 (down 95% YoY) for FY 2020.
Revenue · FY 2020
₹35,318 ▼ 95%
Net loss · FY 2020
₹3,016 margin -8.5%
EBITDA · FY 2020
₹16,841 margin 47.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 95%
EBITDA CAGR growth
1 year
▼ 58%
Revenue fell 95% in the latest year. EBITDA fell 58% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹35,318 | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹16,841 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹3,016 | ||
| 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 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 47.7% | ||
| Net Profit Margin | -8.5% | ||
| 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 Mgvision Business Solutions Private Limited, buy the company report.
Board of directors of Mgvision Business Solutions Private Limited
Mgvision Business Solutions has 2 directors on record. No former directors are listed.
Directors (as last reported)
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bapurao Ramchandra Mane | Director | 13 Feb 2018 | 8 Years 8 Months | As last reported |
| Dhananjay Ambadas Gaikwad | Director | 13 Feb 2018 | 8 Years 8 Months | As last reported |
Peer comparison
Mgvision Business Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (legal activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Resources Business Solutions Private Limited | ₹37,700 (FY 2025) | 6.0% | Patna, Bihar, India | |||
| Adr Professional Organisation | ₹37,510 (FY 2024) | -75.0% | Nagpur, Maharashtra, India | |||
| Avis Commercial Co Pvt Ltd | ₹36,703 (FY 2025) | 10.0% | Kolkata, West Bengal, India | |||
| Etah Taxations (OPC) Private Limited | ₹35,990 (FY 2022) | -51.0% | Patiyali Gate, Uttar Pradesh, India | |||
| Spacetech Orbital Private Limited | ₹35,470 (FY 2024) | -71.0% | Bangalore, Karnataka, India | |||
| Mgvision Business Solutions Private Limitedthis company | ₹35,318 (FY 2020) | -₹3,016 | -8.5% | -95.0% | Navi Mumbai, Maharashtra, India | |
| General Consultancy and Legal Services Private Limited | ₹35,000 (FY 2018) | -25.0% | Allahabad, Uttar Pradesh, India | |||
| TSN Certification Private Limited | ₹35,000 (FY 2025) | 17.0% | Lucknow, Uttar Pradesh, India | |||
| SNS Legal Private Limited | ₹34,600 (FY 2023) | Kolkata, West Bengal, India | ||||
| Octomaks Technologies Private Limited | ₹34,467 (FY 2024) | -88.0% | Hyderabad, Telangana, India | |||
| Sukhmani Legal Services Private Limited | ₹34,000 (FY 2021) | -72.0% | Punjab, India |
To see the full peer comparison of Mgvision Business Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Mgvision Business 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 Mgvision Business Solutions Private Limited; 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 Mgvision Business Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Mgvision Business Solutions Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Bapurao Ramchandra Mane was appointed as Director on 13 Feb 2018.
AGM
Mgvision Business Solutions Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.
Filing
Mgvision Business Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Mumbai.
Appointed
Bapurao Ramchandra Mane was appointed as Director.
Appointed
Dhananjay Ambadas Gaikwad was appointed as Director.
Incorporation
13 Feb 2018
Mgvision Business Solutions Private Limited was registered on 13 Feb 2018 with Roc Mumbai & aged 8 years 8 months as per MCA records.
Frequently asked questions
Mgvision Business 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.
Mgvision Business Solutions was a private limited company based in Navi Mumbai, Maharashtra, India. The company worked in other services, within the business services industry. It was incorporated on 13 February 2018 and is registered under CIN U74999MH2018PTC305034. The company has been struck off by the Registrar of Companies and is no longer operational.
Mgvision Business Solutions had 2 directors:
- Bapurao Ramchandra Mane - Director
- Dhananjay Ambadas Gaikwad - Director
The CIN (Corporate Identification Number) of Mgvision Business Solutions is U74999MH2018PTC305034. 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 Mgvision Business Solutions is at Shop 6 Shah Heights Plot No 22 Sector 7 Behind Hiranandani Kharghar, Navi Mumbai, Maharashtra, India – 410210.
Mgvision Business Solutions was incorporated on 13 February 2018. It is registered with the Registrar of Companies, Mumbai.
Yes, Mgvision Business Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Mgvision Business Solutions can be reached through the website mgvision.in. Its registered office is in Navi Mumbai, Maharashtra, India.
The latest financial statements of Mgvision Business Solutions on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from FY 2018 are in the company report.
Mgvision Business Solutions operated in the business services industry, in the other services segment. It worked in this industry before it was struck off.
The peers of Mgvision Business Solutions by revenue are Resources Business Solutions Private Limited, Adr Professional Organisation, Avis Commercial Co Pvt Ltd, Etah Taxations (OPC) Private Limited, Spacetech Orbital Private Limited and 5 more, all in the same principal business activity (legal activities).
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