Black Magic I.T. Solution Private Limited

Provides customizable managed print services for businesses in various environments.

2007 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Black Magic I.T. Solution Profile

Key Indicators

  • Authorised Capital ₹ 0.60 M
  • Paid Up Capital ₹ 0.60 M
  • Company Age 17 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.50 M
  • Revenue Growth -74.68%
  • Profit Growth -7176.12%
  • Ebitda -428.38%
  • Net Worth -94.77%
  • Total Assets -95.25%

About Black Magic I.T. Solution

Black Magic I.T. Solution Private Limited (BMISPL) is a Private Limited Indian Non-Government Company incorporated in India on 21 May 2007 and has a history of 17 years and 11 months. Its registered office is in Chennai, Tamil Nadu, India.

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.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • 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

Information Technology
Business Services

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.

Company report

Black Magic I.T. Solution Private Limited

Explore comprehensive data for Black Magic I.T. Solution Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Black Magic I.T. Solution?

Board Members (2)

NameDesignationAppointment DateStatus
Henry Ellis Country flag representing In Whole-Time Director 01-Apr-2013Current
Chengalraju Varma Country flag representing In Director 21-May-2007Current

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%.

Black Magic I.T. Solution revenue growth over time
Black Magic I.T. Solution profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-74.68%
Revenue from Operations
-96.27%
Total Assets
-95.25%
Profit or Loss
-7176.12%
Net Worth
-94.77%
EBITDA
-428.38%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.50 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 0.45 Cr

Latest Charge Details

DateLenderAmountStatus
27 Jul 2020Axis Bank Limited₹2.00 MOpen
11 May 2012Axis Bank Limited₹2.50 MOpen

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.

Employee growth trends for Black Magic I.T. Solution Private Limited

Deals i

Graph showing company valuation over time

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

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Black Magic I.T. Solution

Recent activity within the organization

  • Annual General Meeting

    Black Magic I.T. Solution Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Black Magic I.T. Solution Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 2.00 M with Charge ID 100357187 was registered on 27 Jul 2020.

  • Director Appointment

    Henry Charles Ellis was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 01 Apr 2013 & has been associated with this company since 12 years 1 month .

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 2.50 M with Charge ID 10359566 was registered on 11 May 2012.

  • Director Appointment

    Chengalraju Amara Simha Varma was appointed as a Director was appointed as a Director on 21 May 2007 & has been associated with this company since 17 years 11 months .

Frequently asked questions

  • What is the Incorporation or founding date of Black Magic I.T. Solution Private Limited?

    Black Magic I.T. Solution Private Limited was incorporated on 21 May 2007.

  • What is authorized share capital and paid-up capital of Black Magic I.T. Solution Private Limited?

    The authorized share capital of Black Magic I.T. Solution Private Limited is ₹ 0.60 M and paid-up capital is ₹ 0.60 M.

  • Who are the current board members & directors of Black Magic I.T. Solution Private Limited?

    Currently 2 directors are associated with Black Magic I.T. Solution Private Limited.

    • Henry Charles Ellis
    • Chengalraju Amara Simha Varma

  • What is the registered address of Black Magic I.T. Solution Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Black Magic I.T. Solution Private Limited is New No.64 Old No.19A Second Floor First Street Sait Colony, Egmore. Dia, In, Tamil Nadu, India, 600008.

  • What is the corporate identification number (CIN) and company number of Black Magic I.T. Solution Private Limited?

    The corporate identification number (CIN) of Black Magic I.T. Solution Private Limited is U72200TN2007PTC063582 and the company number is 063582 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Black Magic I.T. Solution Private Limited?

    The Official website of Black Magic I.T. Solution Private Limited is https://www.blackmagictoners.com

  • What has been the recent revenue trend for Black Magic I.T. Solution Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Black Magic I.T. Solution Private Limited has fallen by -74.68%.

  • How many employees does Black Magic I.T. Solution Private Limited currently have?

    As Per 2023 financial reports, 27 employees are currently employed by Black Magic I.T. Solution Private Limited.

  • What change has been observed in the net worth of Black Magic I.T. Solution Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Black Magic I.T. Solution Private Limited has experienced an downturn of -94.77%.

  • What are the total open charges for Black Magic I.T. Solution Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Black Magic I.T. Solution Private Limited amount to ₹ 4.50 M.

  • When was the last Balance Sheet of Black Magic I.T. Solution Private Limited filed with the ROC?

    The most recent Balance Sheet for Black Magic I.T. Solution Private Limited was filed with the ROC on 31 Mar 2024.

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