Black Magic I.T. Solution Profile
Key Indicators
- Authorised Capital ₹ 0.60 M
as on 15-11-2024
- Paid Up Capital ₹ 0.60 M
as on 15-11-2024
- Company Age 17 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 4.50 M
as on 15-11-2024
- Revenue -74.68%
(FY 2023)
- Profit -7176.12%
(FY 2023)
- Ebitda -428.38%
(FY 2023)
- Net Worth -94.77%
(FY 2023)
- Total Assets -95.25%
(FY 2023)
About Black Magic I.T. Solution
The Company is engaged in the Information Technology Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 0.60 M and a paid-up capital of Rs 0.60 M.
The company currently has active open charges totaling ₹4.50 M.
Henry Ellis and Chengalraju Varma serve as directors at the Company.
- CIN/LLPIN
U72200TN2007PTC063582
- Company No.
063582
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
21 May 2007
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Black Magic I.T. Solution Private Limited offer?
Black Magic I.T. Solution Private Limited offers a wide range of products and services, including Toner Cartridges, HP Toner Cartridges, Laser Toner Cartridges.
Who are the key members and board of directors at Black Magic I.T. Solution?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Henry Ellis  | Whole-Time Director | 01-Apr-2013 | Current |
| Chengalraju Varma | Director | 21-May-2007 | Current |
Financial Performance of Black Magic I.T. Solution.
Black Magic I.T. Solution Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 74.68% decrease. The company also saw a substantial fall in profitability, with a 7176.12% decrease in profit. The company's net worth observed a substantial decline by a decrease of 94.77%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Black Magic I.T. Solution?
In 2023, Black Magic I.T. Solution had a promoter holding of 60.00% and a public holding of 40.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Black Magic Toners Private LimitedActive 25 years 8 monthsHenry Ellis and Chengalraju Varma are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Axis Bank Limited Creation Date: 27 Jul 2020 | ₹2.00 M | Open |
Axis Bank Limited Creation Date: 11 May 2012 | ₹2.50 M | Open |
How Many Employees Work at Black Magic I.T. Solution?
Black Magic I.T. Solution has a workforce of 27 employees as of Apr 02, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Black Magic I.T. Solution, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Black Magic I.T. Solution's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
