Magic Glass Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 8.12 Cr
- Company Age 20 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 33.21 Cr
- Satisfied Charges ₹ 49.93 Cr
- Revenue Growth 56.90%
- Profit Growth 20.37%
- Ebitda 94.75%
- Net Worth 10.55%
- Total Assets 11.15%
About Magic Glass
Magic Glass Private Limited (MGPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 December 2004 and has a history of 20 years and one month. Its registered office is in Pune, Maharashtra, India.
The Corporate was formerly known as Veeral E Safety Glass Private Limited. The Company is engaged in the Manufacturing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 8.12 Cr.
The company currently has active open charges totaling ₹33.21 Cr. The company has closed loans amounting to ₹49.93 Cr, as per Ministry of Corporate Affairs (MCA) records.
Manik Kodre, Anup Kodre, and Nitish Kodre serve as directors at the Company.
Company Details
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Location
Pune, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U26109PN2004PTC020086
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Company No.
020086
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
30 Dec 2004
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Pune
Industry
What products or services does Magic Glass Private Limited offer?
Magic Glass Private Limited offers a wide range of products and services, including Automobile Fittings & Components, Automotive Glass, Stained, Etched & Laminated Glass, Window Glass, Toughened Glass, Lighting Accessories, LED Light Glass, Reflective Glass, Float Glass, Laminated Glass.
Who are the key members and board of directors at Magic Glass?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nitish Kodre
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Director | 22-Mar-2018 | Current |
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Manik Kodre
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Director | 16-Dec-2017 | Current |
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Anup Kodre
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Director | 16-Dec-2017 | Current |
Financial Performance of Magic Glass.
Magic Glass Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 56.9% increase. The company also saw a substantial improvement in profitability, with a 20.37% increase in profit. The company's net worth Soared by an impressive increase of 10.55%.
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What is the Ownership and Shareholding Structure of Magic Glass?
In 2023, Magic Glass had a promoter holding of 98.58% and a public holding of 1.42%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹33.21 Cr
₹49.93 Cr
Charges Breakdown by Lending Institutions
- Others : 33.21 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Feb 2022 | Others | ₹2.50 Cr | Open |
| 25 Mar 2021 | Others | ₹30.71 Cr | Open |
| 03 Mar 2017 | State Bank Of India | ₹1.99 Cr | Satisfied |
| 31 Jan 2015 | Religare Finvest Limited | ₹1.50 Cr | Satisfied |
| 21 May 2014 | Religare Finvest Limited | ₹13.50 Cr | Satisfied |
How Many Employees Work at Magic Glass?
Magic Glass has a workforce of 59 employees as of Dec 25, 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 Glass, 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 Glass'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.
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