Magic It Solutions Private Limited

Provides IT solutions for real estate, software development, e-commerce, and web design.

2008 | Delhi (India) | Active
Last Updated: January 04, 2025

Magic It Solutions Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 16 Year, 4 Months
  • Last Filing with ROC 31 Mar 2019
  • Satisfied Charges ₹ 9.00 Cr
  • Revenue Growth -99.98%
  • Profit Growth 99.95%
  • Ebitda 99.94%
  • Net Worth -0.05%
  • Total Assets -20.13%

About Magic It Solutions

Magic It Solutions Private Limited (MISPL) is a Private Limited Indian Non-Government Company incorporated in India on 26 September 2008 and has a history of 16 years and four months. Its registered office is in Delhi, India.

The Company is engaged in the Real Estate And Construction Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2019. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M.

The company has closed loans amounting to ₹9.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Rohit Gupta and Geeta Gupta serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    magicgroup.co.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74120DL2008PTC183764

  • Company No.

    183764

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Sep 2008

  • Date of AGM

    28 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Real Estate and Construction

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

Board Members (2)

NameDesignationAppointment DateStatus
Rohit Gupta Country flag representing In Nominee Director 25-Sep-2020Current
Geeta Gupta Country flag representing In Nominee Director 25-Sep-2020Current

Financial Performance of Magic It Solutions.

Magic It Solutions Private Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 99.98% decrease. The company also saw a substantial improvement in profitability, with a 99.95% increase in profit. The company's net worth dipped by a decrease of 0.05%.

Graph illustrating revenue growth over time
Graph showing 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
-99.98%
Revenue from Operations
Total Assets
-20.13%
Profit or Loss
99.95%
Net Worth
-0.05%
EBITDA
99.94%

What is the Ownership and Shareholding Structure of Magic It Solutions?

In 2019, Magic It Solutions 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)

Open Charges

₹0

Satisfied Charges

₹90.00 M

Charges Breakdown by Lending Institutions

  • Icici Bank Limited : 9.00 Cr

Latest Charge Details

DateLenderAmountStatus
25 Sep 2014Icici Bank Limited₹9.00 CrSatisfied

How Many Employees Work at Magic It Solutions?

Unlock and access historical data on people associated with Magic It Solutions, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Magic It Solutions, 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 It Solutions'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 It Solutions

Recent activity within the organization

  • Director Appointment

    Rohit Gupta was appointed as a Nominee Director was appointed as a Nominee Director on 25 Sep 2020 & has been associated with this company since 4 years 4 months .

    25 Sep 2020

  • Director Appointment

    Geeta Gupta was appointed as a Nominee Director was appointed as a Nominee Director on 25 Sep 2020 & has been associated with this company since 4 years 4 months .

    25 Sep 2020

  • Annual General Meeting

    Magic It Solutions Private Limited last Annual general meeting of members was held on 28 Sep 2019 as per latest MCA records.

    28 Sep 2019

  • Balance Sheet

    Magic It Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Delhi.

    31 Mar 2019

  • Charges

    A charge registered on 25 Sep 2014 via Charge ID 10542749 with Icici Bank Limited was fully satisfied on 13 Mar 2018.

    13 Mar 2018

  • Charges

    A charge with Icici Bank Limited amounted to Rs. 90.00 M with Charge ID 10542749 was registered on 25 Sep 2014.

    25 Sep 2014

Frequently asked questions

  • Magic It Solutions Private Limited was incorporated on 26 Sep 2008.

  • The authorized share capital of Magic It Solutions Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Magic It Solutions Private Limited.

    • Rohit Gupta
    • Geeta Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Magic It Solutions Private Limited is C-23 Greater Kailash Enclave, Part-I India, New Delhi, 110048.

  • The corporate identification number (CIN) of Magic It Solutions Private Limited is U74120DL2008PTC183764 and the company number is 183764 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Magic It Solutions Private Limited is https://www.magicgroup.co.in

  • According to the financial reports for the fiscal year 2019, the revenue trend for Magic It Solutions Private Limited has fallen by -99.98%.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Magic It Solutions Private Limited has experienced an downturn of -0.05%.

  • The most recent Balance Sheet for Magic It Solutions Private Limited was filed with the ROC on 31 Mar 2019.

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