Magic Express Technology Private Limited

Provides software and hardware solutions, customization, and technical support for businesses.

2015 | Mumbai, Maharashtra (India) | Under Insolvency
Last Updated: January 18, 2025

Magic Express Technology Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 0.10 M
  • Company Age 9 Year, 4 Months
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 250.00 Cr
  • Revenue Growth %
  • Profit Growth 80.98%
  • Ebitda -1.98%
  • Net Worth -7.41%
  • Total Assets 0.12%

About Magic Express Technology

Magic Express Technology Private Limited (METPL) is Under Cirp company established on 21 Sep 2015 with its office registered at Mumbai, Maharashtra, India and has been running since 9 Year, 4 Months with a paid up capital of 0.10 M. According to MCA records, 2 Directors are linked to this company as of 18 Jan 2025.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U70100MH2015PTC268544

  • Company No.

    268544

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Sep 2015

  • Date of AGM

    30 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Magic Express Technology?

Board Members (2)

Name Designation Appointment Date Status
Atul Shah Country flag representing In Director 08-Feb-2021 Current
Tarun Bisht Country flag representing In Director 21-Sep-2015 Current

Financial Performance of Magic Express Technology.

Magic Express Technology Private Limited, for the financial year ended 2020, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 80.98% increase in profit. The company's net worth dipped by a decrease of 7.41%.

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
Revenue from Operations
Total Assets
0.12%
Profit or Loss
80.98%
Net Worth
-7.41%
EBITDA
-1.98%

What is the Ownership and Shareholding Structure of Magic Express Technology?

In 2019, Magic Express Technology had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹250.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 250.00 Cr

Latest Charge Details

Date Lender Amount Status
21 Aug 2019 Others ₹250.00 Cr Open

How Many Employees Work at Magic Express Technology?

Unlock and access historical data on people associated with Magic Express Technology, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Magic Express Technology, 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 Express Technology'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 Express Technology

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 250.00 Cr registered on 21 Aug 2019 with Charge ID 100288803 was modified on 04 Jan 2023.

    04 Jan 2023

  • Annual General Meeting

    Magic Express Technology Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

    30 Nov 2021

  • Balance Sheet

    Magic Express Technology Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Mumbai.

    31 Mar 2021

  • Director Appointment

    Atul Jaysukh Shah was appointed as a Director was appointed as a Director on 08 Feb 2021 & has been associated with this company since 3 years 11 months .

    08 Feb 2021

  • Charges

    A charge with Others amounted to Rs. 250.00 Cr with Charge ID 100288803 was registered on 21 Aug 2019.

    21 Aug 2019

  • Director Appointment

    Tarun Bisht was appointed as a Director was appointed as a Director on 21 Sep 2015 & has been associated with this company since 9 years 4 months .

    21 Sep 2015

Frequently asked questions

  • Magic Express Technology Private Limited was incorporated on 21 Sep 2015.

  • The authorized share capital of Magic Express Technology Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Magic Express Technology Private Limited.

    • Atul Jaysukh Shah
    • Tarun Bisht
  • As per Ministry of Corporate Affairs (Mca), the registered address of Magic Express Technology Private Limited is Office No118 1St Floor Anjani Complex Opp.Guru Nanak Petrol Pump A. K. Road Chakala, Andheri (E India, Mumbai, Maharashtra, 400099.

  • The corporate identification number (CIN) of Magic Express Technology Private Limited is U70100MH2015PTC268544 and the company number is 268544 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2020 indicates that The net worth of Magic Express Technology Private Limited has experienced an downturn of -7.41%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Magic Express Technology Private Limited amount to ₹ 250.00 Cr.

  • The most recent Balance Sheet for Magic Express Technology Private Limited was filed with the ROC on 31 Mar 2021.

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