Magic Forex Private Limited

Foreign currency exchange services for individuals and businesses.

2012 | Mumbai, Maharashtra (India) | Active
Last Updated:

Magic Forex Profile

Key Indicators

  • Authorised Capital ₹ 2.80 M
  • Paid Up Capital ₹ 2.80 M
  • Company Age 12 Year, 6 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 six 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

  • 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

Financial Services
Company report

Magic Forex Private Limited

Explore comprehensive data for Magic Forex Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (2)

NameDesignationAppointment DateStatus
Priyam Chhajed Country flag representing In Director 16-Dec-2017Current
Ramesh Jain Country flag representing In Director 22-Oct-2012Current

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%.

Magic Forex revenue growth over time
Magic Forex 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
3868.15%
Revenue from Operations
3869.32%
Total Assets
24.54%
Profit or Loss
1207.07%
Net Worth
7.38%
EBITDA
183.87%

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.

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 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.

Employee growth trends for Magic Forex Private Limited

Deals i

Graph showing company valuation over time

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

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

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Latest Updates, News, and FAQs on Magic Forex

Recent activity within the organization

  • Annual General Meeting

    Magic Forex Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Magic Forex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Director Appointment

    Priyam Jayesh Chhajed was appointed as a Director was appointed as a Director on 16 Dec 2017 & has been associated with this company since 7 years 4 months .

  • Director Appointment

    Ramesh Parasmal Jain was appointed as a Director was appointed as a Director on 22 Oct 2012 & has been associated with this company since 12 years 6 months .

  • Company Incorporation

    Magic Forex Private Limited was registered on 22 Oct 2012 with Roc Mumbai & aged 12 years 6 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Magic Forex Private Limited?

    Magic Forex Private Limited was incorporated on 22 Oct 2012.

  • What is authorized share capital and paid-up capital of Magic Forex Private Limited?

    The authorized share capital of Magic Forex Private Limited is ₹ 2.80 M and paid-up capital is ₹ 2.80 M.

  • Who are the current board members & directors of Magic Forex Private Limited?

    Currently 2 directors are associated with Magic Forex Private Limited.

    • Ramesh Parasmal Jain
    • Priyam Jayesh Chhajed

  • What is the registered address of Magic Forex Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Magic Forex Private Limited is Shop No :1 Back Side Plot :- 635 Kala Mandir Road P.D.Hinduja Marg Near Maruti Templ E, Khar (W) India, Mumbai, Maharashtra, 400052.

  • What is the corporate identification number (CIN) and company number of Magic Forex Private Limited?

    The corporate identification number (CIN) of Magic Forex Private Limited is U67200MH2012PTC237073 and the company number is 237073 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Magic Forex Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Magic Forex Private Limited has risen by 3868.15%.

  • What change has been observed in the net worth of Magic Forex Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Magic Forex Private Limited has experienced an upsurge of 7.38%.

  • When was the last Balance Sheet of Magic Forex Private Limited filed with the ROC?

    The most recent Balance Sheet for Magic Forex Private Limited was filed with the ROC on 31 Mar 2024.

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