Magic Kraft Private Limited

Provides installation services for street furniture and sells various types of furniture and furnishings.

2013 | Thane, Maharashtra (India) | Active
Last Updated: July 16, 2024

Magic Kraft Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 11 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 10.77 Cr
  • Satisfied Charges ₹ 6.75 Cr
  • Revenue Growth 34.15%
  • Profit Growth 215.73%
  • Ebitda 193.42%
  • Net Worth 70.21%
  • Total Assets 35.59%

About Magic Kraft

Magic Kraft Private Limited (MKPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 July 2013 and has a history of 11 years and seven months. Its registered office is in Thane, Maharashtra, India.

The Corporate was formerly known as Sp & Naman Fixtures Private Limited. The Company is engaged in the Consumer Electronics & Durables 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 1.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹10.77 Cr. The company has closed loans amounting to ₹6.75 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sunil Sharma and Satyaprakash Sharma serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999MH2013PTC245149

  • Company No.

    245149

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Jul 2013

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Consumer Electronics & Durables
Engineering

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

Board Members (2)

Name Designation Appointment Date Status
Sunil Sharma Country flag representing In Director 28-Jul-2014 Current
Satyaprakash Sharma Country flag representing In Director 03-Jul-2013 Current

Financial Performance of Magic Kraft.

Magic Kraft Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 34.15% increase. The company also saw a substantial improvement in profitability, with a 215.73% increase in profit. The company's net worth Soared by an impressive increase of 70.21%.

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
34.15%
Revenue from Operations
33.71%
Total Assets
35.59%
Profit or Loss
215.73%
Net Worth
70.21%
EBITDA
193.42%

What is the Ownership and Shareholding Structure of Magic Kraft?

In 2023, Magic Kraft 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

₹10.77 Cr

Satisfied Charges

₹6.75 Cr

Charges Breakdown by Lending Institutions

  • Others : 10.77 Cr

Latest Charge Details

Date Lender Amount Status
27 Feb 2022 Others ₹10.00 Cr Open
27 Feb 2022 Others ₹7.70 M Open
20 Sep 2021 Others ₹4.00 Cr Satisfied
20 Sep 2014 Bank Of Maharashtra ₹2.75 Cr Satisfied

How Many Employees Work at Magic Kraft?

Magic Kraft has a workforce of 46 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 10.00 Cr registered on 27 Feb 2022 with Charge ID 100555913 was modified on 30 May 2022.

    30 May 2022

  • Charges

    A charge with Others of Rs. 0.77 Cr registered on 27 Feb 2022 with Charge ID 100555915 was modified on 30 May 2022.

    30 May 2022

  • Charges

    A charge registered on 20 Sep 2021 via Charge ID 100490436 with Others was fully satisfied on 20 May 2022.

    20 May 2022

  • Charges

    A charge registered on 20 Sep 2014 via Charge ID 10524955 with Bank Of Maharashtra was fully satisfied on 20 May 2022.

    20 May 2022

Frequently asked questions

  • Magic Kraft Private Limited was incorporated on 03 Jul 2013.

  • The authorized share capital of Magic Kraft Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 2 directors are associated with Magic Kraft Private Limited.

    • Sunil Nandlal Sharma
    • Satyaprakash Marutiprasad Sharma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Magic Kraft Private Limited is Gut No. 218/9 Near Murali Manohar HotalVillage - Khupari Taluka - Wada District-Palghar, Thane, Maharashtra, India, 421312.

  • The corporate identification number (CIN) of Magic Kraft Private Limited is U74999MH2013PTC245149 and the company number is 245149 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Magic Kraft Private Limited is https://www.magickraft.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Magic Kraft Private Limited has risen by 34.15%.

  • As Per 2023 financial reports, 46 employees are currently employed by Magic Kraft Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Magic Kraft Private Limited has experienced an upsurge of 70.21%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Magic Kraft Private Limited amount to ₹ 10.77 Cr.

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

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