Magic Bus India Foundation

Empowering marginalized children through activity-based education and mentorship programs to tackle poverty.

2001 | Thane, Maharashtra (India) | Active
Last Updated: January 20, 2025

Magic Bus India Foundation Profile

Key Indicators

  • Company Age 24 Year, 5 Days
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 25.56%
  • Profit Growth -10.53%
  • Ebitda 12.29%
  • Net Worth 26.45%
  • Total Assets -2.42%

About Magic Bus India Foundation

Magic Bus India Foundation (MBIF) is a leading Private Not For Profit Company incorporated in India on 14 February 2001 and has a history of 24 years. Its registered office is in Thane, Maharashtra, India.

The Corporate was formerly known as Childlink India Foundation. The Company is engaged in the Education 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 0.00 and a paid-up capital of Rs 0.00, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Magic Bus India Foundation India are Jayant Rastogi as CEO and Monica Gandhi as Cfo. Rajiv Dube, Jaideep Khanna, Sandeep Murthy, and Three other members serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    magicbus.org

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U91110MH2001NPL130853

  • Company No.

    130853

  • Company Classification

    Private Not For Profit Company

  • Incorporation Date

    14 Feb 2001

  • Date of AGM

    25 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Education

Who are the key members and board of directors at Magic Bus India Foundation?

Executive Team (2)

NameDesignationAppointment DateStatus
Jayant Rastogi CEO01-Apr-2022Current
Monica Gandhi CFO01-Apr-2022Current

Board Members (6)

NameDesignationAppointment DateStatus
Shaneen Kaushal Country flag representing In Director 10-Jun-2013Current
Sandeep Murthy Country flag representing Us Director 10-Jun-2013Current
Rajiv Dube Country flag representing In Director 01-Sep-2022Current
Jaideep Khanna Country flag representing In Director 14-Dec-2016Current
Deval Sanghavi Country flag representing Us Director 14-Feb-2001Current
Vivek Pandit Country flag representing Us Director Current

Financial Performance of Magic Bus India Foundation.

Magic Bus India Foundation, for the financial year ended 2023, experienced significant growth in revenue, with a 25.56% increase. The company also saw a substantial fall in profitability, with a 10.53% decrease in profit. The company's net worth Soared by an impressive increase of 26.45%.

Graph illustrating revenue growth over time
Graph showing 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
25.56%
Revenue from Operations
25.81%
Total Assets
-2.42%
Profit or Loss
-10.53%
Net Worth
26.45%
EBITDA
12.29%

What is the Ownership and Shareholding Structure of Magic Bus India Foundation?

Unlock access to Magic Bus India Foundation's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Magic Bus India Foundation?

Magic Bus India Foundation has a workforce of 2520 employees as of Apr 06, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Magic Bus India Foundation, 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 Magic Bus India Foundation'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 Magic Bus India Foundation

Recent activity within the organization

  • Annual General Meeting

    Magic Bus India Foundation last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.

    25 Sep 2024

  • Balance Sheet

    Magic Bus India Foundation has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Rajiv Dube was appointed as a Director was appointed as a Director on 01 Sep 2022 & has been associated with this company since 2 years 5 months .

    01 Sep 2022

  • Director Appointment

    Jaideep Khanna was appointed as a Director was appointed as a Director on 14 Dec 2016 & has been associated with this company since 8 years 2 months .

    14 Dec 2016

  • Director Appointment

    Sandeep Murthy was appointed as a Director was appointed as a Director on 10 Jun 2013 & has been associated with this company since 11 years 8 months .

    10 Jun 2013

  • Director Appointment

    Shaneen Parikh Kaushal was appointed as a Director was appointed as a Director on 10 Jun 2013 & has been associated with this company since 11 years 8 months .

    10 Jun 2013

Recent News, Updates & Announcement

Frequently asked questions

  • Magic Bus India Foundation was incorporated on 14 Feb 2001.

  • The authorized share capital of Magic Bus India Foundation is ₹ 0.00 and paid-up capital is ₹ 0.00.

  • Currently 8 directors are associated with Magic Bus India Foundation.

    • Rajiv Dube
    • Jaideep Khanna
    • Sandeep Murthy
    • Shaneen Parikh Kaushal
    • Deval Sanghavi
    • Vivek Pandit
    • Jayant Rastogi
    • Monica Gandhi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Magic Bus India Foundation is Reliable Plaza Unit No 301 3Rd Floor Plot K 10 Kalwa Industrial Area, Vill Age Elthen India, Navi Mumbai, Maharashtra, 400708.

  • The corporate identification number (CIN) of Magic Bus India Foundation is U91110MH2001NPL130853 and the company number is 130853 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Magic Bus India Foundation is https://www.magicbus.org

  • According to the financial reports for the fiscal year 2023, the revenue trend for Magic Bus India Foundation has risen by 25.56%.

  • As Per 2023 financial reports, 2520 employees are currently employed by Magic Bus India Foundation.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Magic Bus India Foundation has experienced an upsurge of 26.45%.

  • The most recent Balance Sheet for Magic Bus India Foundation was filed with the ROC on 31 Mar 2024.

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