Magic Forex Profile
Key Indicators
- Authorised Capital ₹ 2.80 M
- Paid Up Capital ₹ 2.80 M
- Company Age 12 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Revenue Growth 3868.15%
- Profit Growth 1207.07%
- Ebitda 183.87%
- Net Worth 7.38%
- Total Assets 24.54%
About Magic Forex
Magic Forex Private Limited (MFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 October 2012 and has a history of 12 years and four months. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Financial Services 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 2.80 M and a paid-up capital of Rs 2.80 M, as per Ministry of Corporate Affairs (MCA) records.
Ramesh Jain and Priyam Chhajed serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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- Social Media -
Corporate Identity Details
- CIN/LLPIN
U67200MH2012PTC237073
- Company No.
237073
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
22 Oct 2012
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Magic Forex?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Priyam Chhajed  | Director | 16-Dec-2017 | Current |
| Ramesh Jain | Director | 22-Oct-2012 | Current |
Financial Performance of Magic Forex.
Magic Forex Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 3868.15% increase. The company also saw a substantial improvement in profitability, with a 1207.07% increase in profit. The company's net worth moved up by a moderate rise of 7.38%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Magic Forex?
In 2023, Magic Forex had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Magic Forex?
Unlock and access historical data on people associated with Magic Forex, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Magic Forex, 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 Forex'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.
