Magic Bus India Foundation Profile
Key Indicators
- Company Age 24 Year, 1 Month
- 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 and one month. 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
- 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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Jayant Rastogi | CEO | 01-Apr-2022 | Current |
| Monica Gandhi | CFO | 01-Apr-2022 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shaneen Kaushal  | Director | 10-Jun-2013 | Current |
Sandeep Murthy  | Director | 10-Jun-2013 | Current |
| Rajiv Dube | Director | 01-Sep-2022 | Current |
| Jaideep Khanna | Director | 14-Dec-2016 | Current |
| Deval Sanghavi | Director | 14-Feb-2001 | Current |
| Vivek Pandit | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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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.
Related Corporates (Common Directorship)
Tata International LimitedRajiv Dube is a mutual person
Godrej Industries LimitedSandeep Murthy is a mutual person
Flyin Travel And Tourism Private LimitedSandeep Murthy is a mutual person
Flourish Planet Private LimitedDeval Sanghavi is a mutual person
Impact Foundation (India)Deval Sanghavi is a mutual person
Tata Investment Corporation LimitedRajiv Dube is a mutual person
Charges (Loans)
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.
Deals i
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
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.
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.
- Balance Sheet
Magic Bus India Foundation has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- 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 6 months .
- 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 3 months .
- 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 9 months .
- 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 9 months .
Recent News, Updates & Announcement
Hult Prize Winners To Deploy $1M Prize Improving Public Transit In Kenya.President Bill Clinton recently announced the $1 million Hult Prize winner for student-led social ventures, Magic Bus Ticketing. The new company hopes to revolutionize public transportation in Kenya nd the rest of the developing world..
Frequently asked questions
What is the Incorporation or founding date of Magic Bus India Foundation?
Magic Bus India Foundation was incorporated on 14 Feb 2001.
What is authorized share capital and paid-up capital of Magic Bus India Foundation?
The authorized share capital of Magic Bus India Foundation is ₹ 0.00 and paid-up capital is ₹ 0.00.
Who are the current board members & directors of Magic Bus India Foundation?
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
What is the registered address of Magic Bus India Foundation?
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.
What is the corporate identification number (CIN) and company number of Magic Bus India Foundation?
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).
What is the official website of Magic Bus India Foundation?
The Official website of Magic Bus India Foundation is https://www.magicbus.org
What has been the recent revenue trend for Magic Bus India Foundation?
According to the financial reports for the fiscal year 2023, the revenue trend for Magic Bus India Foundation has risen by 25.56%.
How many employees does Magic Bus India Foundation currently have?
As Per 2023 financial reports, 2520 employees are currently employed by Magic Bus India Foundation.
What change has been observed in the net worth of Magic Bus India Foundation, and by what percentage?
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%.
When was the last Balance Sheet of Magic Bus India Foundation filed with the ROC?
The most recent Balance Sheet for Magic Bus India Foundation was filed with the ROC on 31 Mar 2024.
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