Magic Eco Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 1.00 M
- Company Age 4 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2.00 Cr
- Revenue Growth 114.68%
- Profit Growth 2089.62%
- Ebitda 221.97%
- Net Worth 410.83%
- Total Assets 55.84%
About Magic Eco
Magic Eco Private Limited (MEPL) is a Private Limited Indian Non-Government Company incorporated in India on 26 September 2020 (Four years and five months 21 days old ). Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Packaging 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 1.00 M and a paid-up capital of Rs 1.00 M.
The company currently has active open charges totaling ₹2.00 Cr.
Bharath Kumar, Ashawin Jain, and Othmal serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U25200KA2020PTC139068
- Company No.
139068
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
26 Sep 2020
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Packaging
Home & Lifestyle
What products or services does Magic Eco Private Limited offer?
Magic Eco Private Limited offers a wide range of products and services, including Packaging Pouches & Envelopes, Plastic Packaging Bags, Food Packaging Bag, Plastic Zip Bag, Gusseted, Spout and Stand Up Pouch, Disposable Cutlery and Crockery, Disposable Cutlery, Face Mask & Medical PPE Kits, Personal Protective Equipment, Spoons, Table Knife and Cutlery.
Magic Eco Private Limited
Explore comprehensive data for Magic Eco Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Magic Eco?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Bharath Kumar  | Director | 26-Sep-2020 | Current |
| Ashawin Jain | Director | 26-Sep-2020 | Current |
| Othmal | Additional Director | 17-Dec-2020 | Current |
Financial Performance of Magic Eco.
Magic Eco Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 114.68% increase. The company also saw a substantial improvement in profitability, with a 2089.62% increase in profit. The company's net worth Soared by an impressive increase of 410.83%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Magic Eco?
In 2023, Magic Eco had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Multiflex Polyfilms Private LimitedBharath Kumar and Ashawin Jain are mutual person
Charges (Loans)
Open Charges
₹20.00 M
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Others : 2.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 May 2023 | Others | ₹2.00 Cr | Open |
How Many Employees Work at Magic Eco?
Magic Eco has a workforce of 0 employees as of Mar 31, 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 Eco, 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 Eco'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 Eco
Recent activity within the organization
- Annual General Meeting
Magic Eco Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Others of Rs. 20.00 M registered on 22 May 2023 with Charge ID 100723268 was modified on 12 Jul 2024.
- Balance Sheet
Magic Eco Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Charges
A charge with Others amounted to Rs. 20.00 M with Charge ID 100723268 was registered on 22 May 2023.
- Director Appointment
Othmal was appointed as a Additional Director was appointed as a Additional Director on 17 Dec 2020 & has been associated with this company since 4 years 3 months .
- Director Appointment
Bharath Kumar was appointed as a Director was appointed as a Director on 26 Sep 2020 & has been associated with this company since 4 years 5 months .
Frequently asked questions
What is the Incorporation or founding date of Magic Eco Private Limited?
Magic Eco Private Limited was incorporated on 26 Sep 2020.
What is authorized share capital and paid-up capital of Magic Eco Private Limited?
The authorized share capital of Magic Eco Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.
Who are the current board members & directors of Magic Eco Private Limited?
Currently 3 directors are associated with Magic Eco Private Limited.
- Bharath Kumar
- Ashawin Kumar Jain
- Othmal
What is the registered address of Magic Eco Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Magic Eco Private Limited is Ff-405 No. 155 4Th Floor Raj Towers Opp. Ccb Cottonpet Main Road, Mysore Road India, Bangalore South, Karnataka, 560053.
What is the corporate identification number (CIN) and company number of Magic Eco Private Limited?
The corporate identification number (CIN) of Magic Eco Private Limited is U25200KA2020PTC139068 and the company number is 139068 as per Ministry of Corporate Affairs (MCA).
What is the official website of Magic Eco Private Limited?
The Official website of Magic Eco Private Limited is https://www.yashgulecha.in
What has been the recent revenue trend for Magic Eco Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Magic Eco Private Limited has risen by 114.68%.
What change has been observed in the net worth of Magic Eco Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Magic Eco Private Limited has experienced an upsurge of 410.83%.
What are the total open charges for Magic Eco Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Magic Eco Private Limited amount to ₹ 2.00 Cr.
When was the last Balance Sheet of Magic Eco Private Limited filed with the ROC?
The most recent Balance Sheet for Magic Eco Private Limited was filed with the ROC on 31 Mar 2024.
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