Magic Properties Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
as on 09-12-2024
- Paid Up Capital ₹ 4.51 Cr
as on 09-12-2024
- Company Age 30 Year, 1 Month
- Last Filing with ROC 31 Mar 2022
- Satisfied Charges ₹ 274.29 Cr
as on 09-12-2024
- Revenue -98.14%
(FY 2021)
- Profit -182.15%
(FY 2021)
- Ebitda -83.87%
(FY 2021)
- Net Worth -118.07%
(FY 2021)
- Total Assets -47.65%
(FY 2021)
About Magic Properties
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 2022. It's a company limited by shares with an authorized capital of Rs 15.00 Cr and a paid-up capital of Rs 4.51 Cr.
The company has closed loans amounting to ₹274.29 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Gunashekhar Vishwanathan and Yifei Wang serve as directors at the Company.
- CIN/LLPIN
U45200MH1994PTC083042
- Company No.
083042
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
17 Nov 1994
- Date of AGM
28 Dec 2022
- Date of Balance Sheet
31 Mar 2022
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Magic Properties?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Gunashekhar Vishwanathan  | Director | 04-Dec-2023 | Current |
Yifei Wang  | Director | 01-Oct-2019 | Current |
Financial Performance and Corporate Structure Insights of Magic Properties.
Magic Properties Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 98.14% decrease. The company also saw a substantial fall in profitability, with a 182.15% decrease in profit. The company's net worth observed a substantial decline by a decrease of 118.07%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Magic Properties?
In 2021, Magic Properties 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)
Shree Ahuja Properties Private LimitedActive 25 years 1 monthGunashekhar Vishwanathan and Yifei Wang are mutual person
- Pushpanjali Realtors Private LimitedActive 16 years 9 months
Gunashekhar Vishwanathan and Yifei Wang are mutual person
- Hive Carbon-Zero Developers Private LimitedActive 5 years 7 months
Gunashekhar Vishwanathan and Yifei Wang are mutual person
- Tulip Land & Developers Private LimitedActive 13 years 11 months
Gunashekhar Vishwanathan and Yifei Wang are mutual person
Adarsh Industrial Estate Private LimitedActive 13 years 9 monthsGunashekhar Vishwanathan and Yifei Wang are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 22 Mar 2018 | ₹120.00 Cr | Satisfied |
Others Creation Date: 22 Mar 2018 | ₹45.00 Cr | Satisfied |
The Cosmos Co-Op Bank Ltd Creation Date: 19 Aug 2015 | ₹22.00 Cr | Satisfied |
How Many Employees Work at Magic Properties?
Magic Properties has a workforce of 8 employees as of Apr 05, 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 Properties, 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 Properties'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.
