Mi Group Private Limited
About Mi Group Private Limited
Data last updated:
Mi Group Private Limited is a private limited company based in Delhi, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 29 April 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2016PTC298726. Its GSTIN is 07AAKCM3544N1Z0 (Delhi).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Neeraj Makhija (Managing Director) and Rajesh Sarat.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 29 Lgf World Trade Center Babar Lane Connaught Place New Delhi, Delhi, India – 110001.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.2 Cr, a decline of 42% compared to the previous year. For the same year it recorded a net profit of ₹9.07 Lakh (net margin 1.5%) and EBITDA of ₹13.05 Lakh (EBITDA margin 2.1%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 25% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Mi Group Private Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address29 Lgf World Trade Center Babar Lane Connaught Place New Delhi, Delhi, India – 110001
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Mi Group 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 Mi Group is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Mi Group Private Limited, buy the company report.
Financials of Mi Group Private Limited
FY 2024 filings availableMi Group Private Limited reported revenue of ₹6.2 Cr (down 42% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 25% over five years, including a 42% fall in the latest year. EBITDA fell 48% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹13.05 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.07 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.1% | ||||
| Net Profit Margin | 1.5% | ||||
| 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 Mi Group Private Limited, buy the company report.
Board of directors of Mi Group Private Limited
Mi Group has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Sarat Also directs: Logistically Intelligence Private Limited, Setoa Logistics India Private Limited, Racing Cargo India Private Limited and 5 more | Director | 29 Apr 2016 | 10 Years 5 Months | Current |
| Neeraj Makhija Also directs: Setoa Logistics India Private Limited, Racing Cargo India Private Limited, Movers International Private Limited. and 5 more | Managing Director | 29 Apr 2016 | 10 Years 5 Months | Current |
Auditor
Mi Group Private Limited is audited by HRA & Associates; for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HRA & Associates; | FY 2023 | 0009683N |
Shareholding
The shareholding of Mi Group Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mi Group Private Limited, buy the company report.
Legal cases
Mi Group Private Limited has 1 court case on record: 1 filed by Mi Group. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Civil suit | Filed by the company against Two Brothers Beverage Pvt Ltd and 2 others | Disposed |
To see the full case history of Mi Group Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mi Group Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mi Group Private Limited has a workforce of 4 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Mi Group has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAKCM3544N1Z0 | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mi Group Private Limited, buy the company report.
Recent activity
Mi Group Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Neeraj Makhija was appointed as Managing Director on 29 Apr 2016.
Frequently asked questions
Mi Group is an active private limited company based in Delhi, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 29 April 2016 (10+ years old) and is registered under CIN U74999DL2016PTC298726.
Mi Group has 2 current directors:
- Neeraj Makhija - Managing Director
- Rajesh Sarat - Director
The latest financial statements of Mi Group on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Mi Group is 07AAKCM3544N1Z0, registered in Delhi.
The CIN (Corporate Identification Number) of Mi Group is U74999DL2016PTC298726. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mi Group has 1 court case on record: 1 filed by the company.
Mi Group was incorporated on 29 April 2016, making it 10+ years old. It is registered with the Registrar of Companies, Delhi.
Neeraj Makhija was appointed as Managing Director on 29 Apr 2016. Rajesh Sarat was appointed as Director on 29 Apr 2016.
The registered office of Mi Group is at 29 Lgf World Trade Center Babar Lane Connaught Place New Delhi, Delhi, India – 110001.
Mi Group operates in the business outsourcing industry, in the business and IT consulting segment.