Magic Glass Private Limited

Manufacturer of various types of glass products, including tempered, insulated, and decorative glass.

2004 | Pune, Maharashtra (India) | Active
Last Updated:

Magic Glass Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 8.12 Cr
  • Company Age 20 Year, 4 Months
  • 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 four months. 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

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U26109PN2004PTC020086

  • Company No.

    020086

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Dec 2004

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Manufacturing

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.

Company report

Magic Glass Private Limited

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

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

Board Members (3)

NameDesignationAppointment DateStatus
Nitish Kodre Country flag representing In Director 22-Mar-2018Current
Manik Kodre Country flag representing In Director 16-Dec-2017Current
Anup Kodre Country flag representing In Director 16-Dec-2017Current

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%.

Magic Glass revenue growth over time
Magic Glass 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
56.90%
Revenue from Operations
57.35%
Total Assets
11.15%
Profit or Loss
20.37%
Net Worth
10.55%
EBITDA
94.75%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹33.21 Cr

Satisfied Charges

₹49.93 Cr

Charges Breakdown by Lending Institutions

  • Others : 33.21 Cr

Latest Charge Details

DateLenderAmountStatus
22 Feb 2022Others₹2.50 CrOpen
25 Mar 2021Others₹30.71 CrOpen
03 Mar 2017State Bank Of India₹1.99 CrSatisfied
31 Jan 2015Religare Finvest Limited₹1.50 CrSatisfied
21 May 2014Religare Finvest Limited₹13.50 CrSatisfied

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.

Employee growth trends for Magic Glass Private Limited

Deals i

Graph showing company valuation over time

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

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 Glass

Recent activity within the organization

  • Annual General Meeting

    Magic Glass Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Charges

    A charge with Others of Rs. 30.71 Cr registered on 25 Mar 2021 with Charge ID 100440970 was modified on 19 May 2023.

  • Balance Sheet

    Magic Glass Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

  • Charges

    A charge with Others amounted to Rs. 2.50 Cr with Charge ID 100548201 was registered on 22 Feb 2022.

  • Charges

    A charge registered on 31 Jan 2015 via Charge ID 10546836 with Religare Finvest Limited was fully satisfied on 02 Jun 2021.

  • Charges

    A charge registered on 03 Mar 2017 via Charge ID 100086335 with State Bank Of India was fully satisfied on 27 Apr 2021.

Frequently asked questions

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

    Magic Glass Private Limited was incorporated on 30 Dec 2004.

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

    The authorized share capital of Magic Glass Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 8.12 Cr.

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

    Currently 3 directors are associated with Magic Glass Private Limited.

    • Manik Nivrutti Kodre
    • Anup Manik Kodre
    • Nitish Manik Kodre

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

    As per Ministry of Corporate Affairs (Mca), the registered address of Magic Glass Private Limited is Gurukrupa Industrial Estateplot No 813/2A Pune Solapur Road National Highway 9 At Yawat Tal- Daund India, At Yawat Tal- Daund Pune, Maharashtra, 412214.

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

    The corporate identification number (CIN) of Magic Glass Private Limited is U26109PN2004PTC020086 and the company number is 020086 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Magic Glass Private Limited?

    The Official website of Magic Glass Private Limited is https://www.magicglass.co.in

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Magic Glass Private Limited has risen by 56.90%.

  • How many employees does Magic Glass Private Limited currently have?

    As Per 2023 financial reports, 59 employees are currently employed by Magic Glass Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Magic Glass Private Limited has experienced an upsurge of 10.55%.

  • What are the total open charges for Magic Glass Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Magic Glass Private Limited amount to ₹ 33.21 Cr.

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

    The most recent Balance Sheet for Magic Glass Private Limited was filed with the ROC on 31 Mar 2023.

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