Magic Software Enterprises India Private Limited

Provides software support, development, and training services for domestic and international markets.

1997 | Pune, Maharashtra (India) | Active
Last Updated: January 20, 2025

Magic Software Enterprises India Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 9.90 M
  • Company Age 27 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 14.49%
  • Profit Growth 23.69%
  • Ebitda 8.73%
  • Net Worth 18.06%
  • Total Assets 17.47%

About Magic Software Enterprises India

Magic Software Enterprises India Private Limited (MSEIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 December 1997 and has a history of 27 years and two months. Its registered office is in Pune, Maharashtra, India.

The Company is engaged in the Information Technology 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 5.00 Cr and a paid-up capital of Rs 9.90 M, as per Ministry of Corporate Affairs (MCA) records.

Asaf Berenstin, Ashutosh Mashruwala, and Arie Kilman serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200MH1997PTC112303

  • Company No.

    112303

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Dec 1997

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Information Technology

What products or services does Magic Software Enterprises India Private Limited offer?

Magic Software Enterprises India Private Limited offers a wide range of products and services, including Mobile Communication Services, Mobile Solution Services, Software Development & IT Consultant, Software Consulting Service, Project Management, Project Management Outsourcing Services.

Who are the key members and board of directors at Magic Software Enterprises India?

Board Members (3)

Name Designation Appointment Date Status
Ashutosh Mashruwala Country flag representing In Director 09-Dec-2021 Current
Asaf Berenstin Country flag representing Il Director 30-Mar-2011 Current
Arie Kilman Country flag representing Il Director 30-Mar-2022 Current

Financial Performance of Magic Software Enterprises India.

Magic Software Enterprises India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.49% increase. The company also saw a substantial improvement in profitability, with a 23.69% increase in profit. The company's net worth Soared by an impressive increase of 18.06%.

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
14.49%
Revenue from Operations
16.87%
Total Assets
17.47%
Profit or Loss
23.69%
Net Worth
18.06%
EBITDA
8.73%

What is the Ownership and Shareholding Structure of Magic Software Enterprises India?

In 2023, Magic Software Enterprises India 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Magic Software Enterprises India?

Magic Software Enterprises India has a workforce of 185 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 Software Enterprises India, 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 Software Enterprises India'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 Software Enterprises India

Recent activity within the organization

  • Annual General Meeting

    Magic Software Enterprises India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Magic Software Enterprises India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

    31 Mar 2024

  • Director Appointment

    Arie Kilman was appointed as a Director was appointed as a Director on 30 Mar 2022 & has been associated with this company since 2 years 10 months .

    30 Mar 2022

  • Director Appointment

    Ashutosh Pravin Mashruwala was appointed as a Director was appointed as a Director on 09 Dec 2021 & has been associated with this company since 3 years 2 months .

    09 Dec 2021

  • Director Appointment

    Asaf Berenstin was appointed as a Director was appointed as a Director on 30 Mar 2011 & has been associated with this company since 13 years 10 months .

    30 Mar 2011

  • Company Incorporation

    Magic Software Enterprises India Private Limited was registered on 08 Dec 1997 with Roc Pune & aged 27 years 2 months as per MCA records.

    08 Dec 1997

Frequently asked questions

  • Magic Software Enterprises India Private Limited was incorporated on 08 Dec 1997.

  • The authorized share capital of Magic Software Enterprises India Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 9.90 M.

  • Currently 3 directors are associated with Magic Software Enterprises India Private Limited.

    • Asaf Berenstin
    • Ashutosh Pravin Mashruwala
    • Arie Kilman
  • As per Ministry of Corporate Affairs (Mca), the registered address of Magic Software Enterprises India Private Limited is Matrix It Park B Wing Plot No 64 4 Sangamwadi Mumbai Pune Road City India, Pune City, Maharashtra, 411005.

  • The corporate identification number (CIN) of Magic Software Enterprises India Private Limited is U72200MH1997PTC112303 and the company number is 112303 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Magic Software Enterprises India Private Limited is https://www.magicsoftware.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Magic Software Enterprises India Private Limited has risen by 14.49%.

  • As Per 2023 financial reports, 185 employees are currently employed by Magic Software Enterprises India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Magic Software Enterprises India Private Limited has experienced an upsurge of 18.06%.

  • The most recent Balance Sheet for Magic Software Enterprises India Private Limited was filed with the ROC on 31 Mar 2024.

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