Magic Software Profile
Key Indicators
- Authorised Capital ₹ 22.50 Cr
- Paid Up Capital ₹ 18.00 Cr
- Company Age 35 Year, 10 Days
- 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. 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
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.
Who are the key members and board of directors at Magic Software?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Priyanka Mishra  | Company Secretary | 01-Jan-2018 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Arjun Malhotra  | Director | 30-Sep-2014 | Current |
| Akhtar Kamdar | Director | 23-Jan-2017 | Current |
| Sumit Bansal | Director | 19-Feb-2021 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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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.
Related Corporates (Common Directorship)
Paniit Alumni Reach For India FoundationArjun Malhotra is a mutual person
Mapmygenome India LimitedArjun Malhotra is a mutual person
Aimil LimitedArjun Malhotra is a mutual person
Aakar Innovations Private LimitedArjun Malhotra is a mutual person
Epic Electronics Products FoundationArjun Malhotra is a mutual person
- Agarsha Investment Manager Private Limited
Arjun Malhotra is a mutual person
Charges (Loans)
₹0
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Sep 2008 | Icici Bank Limited | ₹1.89 M | Satisfied |
| 29 Jul 2008 | Icici Bank Limited | ₹4.52 M | Satisfied |
| 25 Mar 2008 | The Royal Bank Of Scotland N.V. | ₹4.25 Cr | Satisfied |
| 01 Oct 2007 | Icici Bank Limited | ₹2.13 M | Satisfied |
| 27 Sep 2007 | Icici Bank Limited | ₹2.81 M | Satisfied |
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.
Deals i
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
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.
