Magic Retail Ventures Profile
Key Indicators
- Authorised Capital ₹ 0.10 M
as on 17-11-2024
- Paid Up Capital ₹ 0.10 M
as on 17-11-2024
- Company Age 19 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2.00 Cr
as on 17-11-2024
- Revenue 64.43%
(FY 2023)
- Profit 23.87%
(FY 2023)
- Ebitda 31.78%
(FY 2023)
- Net Worth 93.33%
(FY 2023)
- Total Assets 30.43%
(FY 2023)
About Magic Retail Ventures
The Company is engaged in the Consumer Goods Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. 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 currently has active open charges totaling ₹2.00 Cr.
Jitendra Shah and Chirag Shah serve as directors at the Company.
- CIN/LLPIN
U52110MH2005PTC156984
- Company No.
156984
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
17 Oct 2005
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- 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 Retail Ventures?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Chirag Shah  | Managing Director | 17-Oct-2005 | Current |
Board Members(1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Jitendra Shah | Whole-Time Director | 17-Oct-2005 | Current |
Financial Performance of Magic Retail Ventures.
Magic Retail Ventures Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 64.43% increase. The company also saw a substantial improvement in profitability, with a 23.87% increase in profit. The company's net worth Soared by an impressive increase of 93.33%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Magic Retail Ventures?
In 2023, Magic Retail Ventures 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)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Yes Bank Limited Creation Date: 10 Sep 2024 | ₹2.00 Cr | Open |
How Many Employees Work at Magic Retail Ventures?
Unlock and access historical data on people associated with Magic Retail Ventures, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Magic Retail Ventures, 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 Retail Ventures'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.
