Magic Software Private Limited

Provides e-learning and content management solutions, software development, and technical support services.

1990 | Delhi (India) | Active
Last Updated:

Magic Software Profile

Key Indicators

  • Authorised Capital ₹ 22.50 Cr
  • Paid Up Capital ₹ 18.00 Cr
  • Company Age 35 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 6.99 Cr
  • Revenue Growth 37.00%
  • Profit Growth 29.04%
  • Ebitda 22.60%
  • Net Worth 35.85%
  • Total Assets 29.20%

About Magic Software

Magic Software Private Limited (MSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 February 1990 and has a history of 35 years and two months. Its registered office is in Delhi, 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 22.50 Cr and a paid-up capital of Rs 18.00 Cr.

The company has closed loans amounting to ₹6.99 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Magic Software Private Limited India is Priyanka Mishra as COMPANY SECRETARY. Arjun Malhotra, Akhtar Kamdar, and Sumit Bansal serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74899DL1990PTC039180

  • Company No.

    039180

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Feb 1990

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Information Technology

What products or services does Magic Software Private Limited offer?

Magic Software Private Limited offers a wide range of products and services, including Software Development & IT Consultant, Content Management Service, Software Development Services, IT Solutions, Application Development Service, Cloud Application Development, Data Quality Solutions, Data Enrichment Service, Business Consultant, Strategy Consulting Services.

Company report

Magic Software Private Limited

Explore comprehensive data for Magic Software Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Priyanka Mishra Country flag representing In Company Secretary01-Jan-2018Current

Board Members (3)

NameDesignationAppointment DateStatus
Arjun Malhotra Country flag representing Us Director 30-Sep-2014Current
Akhtar Kamdar Country flag representing Us Director 23-Jan-2017Current
Sumit Bansal Country flag representing In Director 19-Feb-2021Current

Financial Performance of Magic Software.

Magic Software Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 37% increase. The company also saw a substantial improvement in profitability, with a 29.04% increase in profit. The company's net worth Soared by an impressive increase of 35.85%.

Magic Software revenue growth over time
Magic Software 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
37.00%
Revenue from Operations
35.58%
Total Assets
29.20%
Profit or Loss
29.04%
Net Worth
35.85%
EBITDA
22.60%

What is the Ownership and Shareholding Structure of Magic Software?

In 2023, Magic Software 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

₹0

Satisfied Charges

₹6.99 Cr

Charges Breakdown by Lending Institutions

  • The Royal Bank Of Scotland N.V. : 4.25 Cr
  • Syndicate Bank : 1.61 Cr
  • Icici Bank Limited : 1.14 Cr

Latest Charge Details

DateLenderAmountStatus
15 Sep 2008Icici Bank Limited₹1.89 MSatisfied
29 Jul 2008Icici Bank Limited₹4.52 MSatisfied
25 Mar 2008The Royal Bank Of Scotland N.V.₹4.25 CrSatisfied
01 Oct 2007Icici Bank Limited₹2.13 MSatisfied
27 Sep 2007Icici Bank Limited₹2.81 MSatisfied

How Many Employees Work at Magic Software?

Magic Software has a workforce of 924 employees as of Apr 04, 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.

Employee growth trends for Magic Software Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Magic Software Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

  • Balance Sheet

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

  • Director Appointment

    Sumit Bansal was appointed as a Director was appointed as a Director on 19 Feb 2021 & has been associated with this company since 4 years 2 months .

  • Director Appointment

    Priyanka Mishra was appointed as a Company Secretary was appointed as a Company Secretary on 01 Jan 2018 & has been associated with this company since 7 years 4 months .

  • Director Appointment

    Akhtar Hussain Kamdar was appointed as a Director was appointed as a Director on 23 Jan 2017 & has been associated with this company since 8 years 3 months .

  • Director Appointment

    Arjun Malhotra was appointed as a Director was appointed as a Director on 30 Sep 2014 & has been associated with this company since 10 years 7 months .

Frequently asked questions

  • What is the Incorporation or founding date of Magic Software Private Limited?

    Magic Software Private Limited was incorporated on 12 Feb 1990.

  • What is authorized share capital and paid-up capital of Magic Software Private Limited?

    The authorized share capital of Magic Software Private Limited is ₹ 22.50 Cr and paid-up capital is ₹ 18.00 Cr.

  • Who are the current board members & directors of Magic Software Private Limited?

    Currently 4 directors are associated with Magic Software Private Limited.

    • Arjun Malhotra
    • Akhtar Hussain Kamdar
    • Sumit Bansal
    • Priyanka Mishra

  • What is the registered address of Magic Software Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Magic Software Private Limited is First Floor The Great Eastern Centre 70 Nehru Place, Behind Ifci Tower India, New Delhi, 110019.

  • What is the corporate identification number (CIN) and company number of Magic Software Private Limited?

    The corporate identification number (CIN) of Magic Software Private Limited is U74899DL1990PTC039180 and the company number is 039180 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Magic Software Private Limited?

    The Official website of Magic Software Private Limited is https://www.magicsw.com

  • What has been the recent revenue trend for Magic Software Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Magic Software Private Limited has risen by 37.00%.

  • How many employees does Magic Software Private Limited currently have?

    As Per 2023 financial reports, 924 employees are currently employed by Magic Software Private Limited.

  • What change has been observed in the net worth of Magic Software Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Magic Software Private Limited has experienced an upsurge of 35.85%.

  • When was the last Balance Sheet of Magic Software Private Limited filed with the ROC?

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

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