Magic Pe Services Private Limited

Provides mobile telecommunication services since 2020, based in Bhubaneswar, Orissa.

2020 | Khorda, Odisha (India) | Active
Last Updated: November 16, 2024

Magic Pe Services Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 0.25 M
  • Company Age 4 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.20 Cr
  • Revenue Growth 134.22%
  • Profit Growth -40.61%
  • Ebitda 110.95%
  • Net Worth 75.06%
  • Total Assets 8.73%

About Magic Pe Services

Magic Pe Services Private Limited (MPSPL) is a Private Limited Indian Non-Government Company incorporated in India on 28 July 2020 (Four years and six months 16 days old ). Its registered office is in Khorda, Odisha, India.

The Company is engaged in the Telecom 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 1.50 M and a paid-up capital of Rs 0.25 M.

The company currently has active open charges totaling ₹1.20 Cr.

Subash Chandra and Rashmita Sahu serve as directors at the Company.

Company Details

  • Location

    Khorda, Odisha, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72900OR2020PTC033576

  • Company No.

    033576

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Jul 2020

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Telecom

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

Executive Team (1)

Name Designation Appointment Date Status
Subash Chandra Country flag representing In Managing Director 28-Jul-2020 Current

Board Members (1)

Name Designation Appointment Date Status
Rashmita Sahu Country flag representing In Director 25-Oct-2022 Current

Financial Performance of Magic Pe Services.

Magic Pe Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 134.22% increase. The company also saw a substantial fall in profitability, with a 40.61% decrease in profit. The company's net worth Soared by an impressive increase of 75.06%.

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
134.22%
Revenue from Operations
134.22%
Total Assets
8.73%
Profit or Loss
-40.61%
Net Worth
75.06%
EBITDA
110.95%

What is the Ownership and Shareholding Structure of Magic Pe Services?

In 2023, Magic Pe Services 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

₹12.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 1.00 Cr
  • Others : 0.20 Cr

Latest Charge Details

Date Lender Amount Status
27 Feb 2024 Axis Bank Limited ₹1.00 Cr Open
28 Aug 2023 Others ₹2.00 M Open

How Many Employees Work at Magic Pe Services?

Magic Pe Services has a workforce of 0 employees as of Apr 03, 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 Pe Services, 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 Pe Services'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 Pe Services

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 10.00 M with Charge ID 100895295 was registered on 27 Feb 2024.

    27 Feb 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 2.00 M with Charge ID 100797617 was registered on 28 Aug 2023.

    28 Aug 2023

  • Balance Sheet

    Magic Pe Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Cuttack.

    31 Mar 2023

  • Director Appointment

    Rashmita Sahu was appointed as a Director was appointed as a Director on 25 Oct 2022 & has been associated with this company since 2 years 3 months .

    25 Oct 2022

  • Director Appointment

    Subash Sahu Chandra was appointed as a Managing Director was appointed as a Managing Director on 28 Jul 2020 & has been associated with this company since 4 years 6 months .

    28 Jul 2020

Frequently asked questions

  • Magic Pe Services Private Limited was incorporated on 28 Jul 2020.

  • The authorized share capital of Magic Pe Services Private Limited is ₹ 1.50 M and paid-up capital is ₹ 0.25 M.

  • Currently 2 directors are associated with Magic Pe Services Private Limited.

    • Subash Sahu Chandra
    • Rashmita Sahu
  • As per Ministry of Corporate Affairs (Mca), the registered address of Magic Pe Services Private Limited is Plot No 1862 Flat 1011St Floor Pabani Niwas Chintamaniswar Lane -1 Ea India, Bhubaneswar, Orissa, 751006.

  • The corporate identification number (CIN) of Magic Pe Services Private Limited is U72900OR2020PTC033576 and the company number is 033576 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Magic Pe Services Private Limited has risen by 134.22%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Magic Pe Services Private Limited has experienced an upsurge of 75.06%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Magic Pe Services Private Limited amount to ₹ 1.20 Cr.

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

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