MGVZ Verification Network Private Limited
About MGVZ Verification Network Private Limited
Data last updated:
MGVZ Verification Network Private Limited was a private limited company based in Chandigarh, 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 hosting and related activities segment of the technology and IT services sector. It was incorporated on 03 May 2011.
The company was registered with the Registrar of Companies (ROC), Chandigarh, under CIN U72900CH2011PTC032923.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Atul Gupta and Meenu Bhardwaj.
Its last annual general meeting (AGM) was held on 27 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Plot No 924 Industrial Area Phase II Ram Darbar, Chandigarh, India – 160002.
As per the financials filed for FY 2018, the company reported a revenue of ₹52,738, a decline of 74% compared to the previous year. For the same year it recorded a net profit of ₹1,134 (net margin 2.2%) and EBITDA of ₹1,309 (EBITDA margin 2.5%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years.
Company details
Contact details
MGVZ Verification Network Private Limited's registered office is in Chandigarh, Chandigarh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No 924 Industrial Area Phase II Ram Darbar, Chandigarh, India – 160002
- IndustryInformation Technology, Hosting And Related Activities, Data Processing
To see the full contact details of MGVZ Verification Network 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
Business activity
The main business activity of MGVZ Verification Network is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of MGVZ Verification Network Private Limited, buy the company report.
Financials of MGVZ Verification Network Private Limited
FY 2018 filings availableMGVZ Verification Network Private Limited reported revenue of ₹52,738 (down 74% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 19% over three years, including a 74% fall in the latest year. EBITDA rose 101% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹1,309 | |||
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| Net Profit (PAT) | ₹1,134 | |||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | ||||
| EBITDA Margin | 2.5% | |||
| Net Profit Margin | 2.2% | |||
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To see the full financial statements and ratios of MGVZ Verification Network Private Limited, buy the company report.
Board of directors of MGVZ Verification Network Private Limited
MGVZ Verification Network has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Atul Gupta Also directs: 99Cent Cloud Technologies Private Limited | Director | 03 May 2011 | 15 Years 5 Months | As last reported |
| Meenu Bhardwaj | Director | 03 May 2011 | 15 Years 5 Months | As last reported |
Peer comparison
MGVZ Verification Network Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Paramart Enterprises Private Limited | ₹52,975 (FY 2023) | Bhopal, Madhya Pradesh, India | ||||
| Siddhar Jeeva Vizhuthugal Research and Charitable Foundation | ₹52,972 (FY 2023) | 9.0% | Kumbakonam, Tamil Nadu, India | |||
| Gratias Ventures Private Limited | ₹52,850 (FY 2025) | -98.0% | Ahmedabad, Gujarat, India | |||
| Cloudoric R&D Private Limited | ₹52,811 (FY 2025) | -99.0% | Aligarh, Uttar Pradesh, India | |||
| Innoveric Technologies Private Limited | ₹52,739 (FY 2017) | Bengaluru, Karnataka, India | ||||
| MGVZ Verification Network Private Limitedthis company | ₹52,738 (FY 2018) | ₹1,134 | 2.2% | -74.0% | Chandigarh, India | |
| Chaxas Private Limited | ₹52,695 (FY 2025) | 924.0% | Jabalapur, Madhya Pradesh, India | |||
| Cendata Analisolu Tech Private Limited | ₹52,680 (FY 2024) | Coimbatore, Tamil Nadu, India | ||||
| Labjump Services Private Limited | ₹52,640 (FY 2023) | 7767.0% | Pune, Maharashtra, India | |||
| Metaprimate Tech Private Limited | ₹52,608 (FY 2024) | Delhi, India | ||||
| NSP Futuretech Private Limited | ₹52,585 (FY 2021) | -93.0% | Hyderabad, Telangana, India |
To see the full peer comparison of MGVZ Verification Network Private Limited, buy the company report.
Auditor
MGVZ Verification Network Private Limited is audited by P G M & Associates for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P G M & Associates | FY 2017 | 017333N |
Shareholding
The shareholding of MGVZ Verification Network 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 MGVZ Verification Network Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving MGVZ Verification Network 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 MGVZ Verification Network 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 MGVZ Verification Network Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
MGVZ Verification Network Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Atul Gupta was appointed as Director on 03 May 2011.
Frequently asked questions
MGVZ Verification Network 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.
MGVZ Verification Network was a private limited company based in Chandigarh, India. The company worked in hosting and related activities, within the information technology industry. It was incorporated on 03 May 2011 and is registered under CIN U72900CH2011PTC032923. The company has been struck off by the Registrar of Companies and is no longer operational.
MGVZ Verification Network had 2 directors:
- Atul Gupta - Director
- Meenu Bhardwaj - Director
The CIN (Corporate Identification Number) of MGVZ Verification Network is U72900CH2011PTC032923. 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 MGVZ Verification Network is at Plot No 924 Industrial Area Phase II Ram Darbar, Chandigarh, India – 160002.
MGVZ Verification Network was incorporated on 03 May 2011. It is registered with the Registrar of Companies, Chandigarh.
The latest financial statements of MGVZ Verification Network on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 27 September 2018. Year-wise statements from 2015 are in the company report.
MGVZ Verification Network operated in the information technology industry, in the hosting and related activities segment. It worked in this industry before it was struck off.
The peers of MGVZ Verification Network by revenue are Paramart Enterprises Private Limited, Siddhar Jeeva Vizhuthugal Research and Charitable Foundation, Gratias Ventures Private Limited, Cloudoric R&D Private Limited, Innoveric Technologies Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Atul Gupta was appointed as Director on 03 May 2011. Meenu Bhardwaj was appointed as Director on 03 May 2011.
The compliance status of MGVZ Verification Network is active non-compliant as of 19 August 2026.