Magic Inox Profile
Key Indicators
- Authorised Capital ₹ 1.20 Cr
- Paid Up Capital ₹ 1.00 Cr
- Company Age 8 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 33.48 Cr
- Satisfied Charges ₹ 9.04 Cr
- Revenue Growth -1.31%
- Profit Growth -68.51%
- Ebitda 41.10%
- Net Worth 7.73%
- Total Assets -9.94%
About Magic Inox
Magic Inox Private Limited (MIPL) is a Private Limited Indian Non-Government Company incorporated in India on 02 June 2016 (Eight years and nine months 10 days old ). Its registered office is in Roorkee, Uttarakhand, India.
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 1.20 Cr and a paid-up capital of Rs 1.00 Cr.
The company currently has active open charges totaling ₹33.48 Cr. The company has closed loans amounting to ₹9.04 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sitaram Gupta, Santosh Gupta, and Lokesh Gupta serve as directors at the Company.
Company Details
- Location
Roorkee, Uttarakhand, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74999UT2016PTC015906
- Company No.
300773
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
02 Jun 2016
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Uttarakhand
Industry
Manufacturing
Metals and Minerals
Magic Inox Private Limited
Explore comprehensive data for Magic Inox Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Magic Inox?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sitaram Gupta  | Director | 08-Feb-2021 | Current |
| Santosh Gupta | Director | 02-Jun-2016 | Current |
| Lokesh Gupta | Director | 02-Jun-2016 | Current |
Financial Performance of Magic Inox.
Magic Inox Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 1.31% decrease. The company also saw a substantial fall in profitability, with a 68.51% decrease in profit. The company's net worth moved up by a moderate rise of 7.73%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Magic Inox?
In 2023, Magic Inox had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Magic Wires Private LimitedSantosh Gupta and Lokesh Gupta are mutual person
Magic Realty Developers Private LimitedSantosh Gupta and Lokesh Gupta are mutual person
- Voyagerealty Developers Private Limited
Lokesh Gupta is a mutual person
Charges (Loans)
Open Charges
₹33.48 Cr
Satisfied Charges
₹9.04 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 33.48 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Sep 2020 | Hdfc Bank Limited | ₹33.48 Cr | Open |
| 07 Dec 2017 | Indian Overseas Bank | ₹9.04 Cr | Satisfied |
How Many Employees Work at Magic Inox?
Magic Inox has a workforce of 101 employees as of Apr 08, 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 Inox, 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 Inox'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.
Latest Updates, News, and FAQs on Magic Inox
Recent activity within the organization
- Annual General Meeting
Magic Inox Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge with Hdfc Bank Limited of Rs. 33.48 Cr registered on 25 Sep 2020 with Charge ID 100383370 was modified on 19 May 2023.
- Balance Sheet
Magic Inox Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Uttarakhand.
- Director Appointment
Sitaram Gupta was appointed as a Director was appointed as a Director on 08 Feb 2021 & has been associated with this company since 4 years 1 month .
- Charges
A charge registered on 07 Dec 2017 via Charge ID 100154606 with Indian Overseas Bank was fully satisfied on 21 Dec 2020.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 33.48 Cr with Charge ID 100383370 was registered on 25 Sep 2020.
Frequently asked questions
What is the Incorporation or founding date of Magic Inox Private Limited?
Magic Inox Private Limited was incorporated on 02 Jun 2016.
What is authorized share capital and paid-up capital of Magic Inox Private Limited?
The authorized share capital of Magic Inox Private Limited is ₹ 1.20 Cr and paid-up capital is ₹ 1.00 Cr.
Who are the current board members & directors of Magic Inox Private Limited?
Currently 3 directors are associated with Magic Inox Private Limited.
- Sitaram Gupta
- Santosh Gupta
- Lokesh Kumar Gupta
What is the registered address of Magic Inox Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Magic Inox Private Limited is Khasra No. 88/02 109 110 & 111, Salempur Rajputana Industrial Estate Salempur Rajputana, Roorkee, Uttarakhand, India, 247667.
What is the corporate identification number (CIN) and company number of Magic Inox Private Limited?
The corporate identification number (CIN) of Magic Inox Private Limited is U74999UT2016PTC015906 and the company number is 300773 as per Ministry of Corporate Affairs (MCA).
What is the official website of Magic Inox Private Limited?
The Official website of Magic Inox Private Limited is https://www.magicinox.com
What has been the recent revenue trend for Magic Inox Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Magic Inox Private Limited has fallen by -1.31%.
How many employees does Magic Inox Private Limited currently have?
As Per 2023 financial reports, 101 employees are currently employed by Magic Inox Private Limited.
What change has been observed in the net worth of Magic Inox Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Magic Inox Private Limited has experienced an upsurge of 7.73%.
What are the total open charges for Magic Inox Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Magic Inox Private Limited amount to ₹ 33.48 Cr.
When was the last Balance Sheet of Magic Inox Private Limited filed with the ROC?
The most recent Balance Sheet for Magic Inox Private Limited was filed with the ROC on 31 Mar 2023.
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