Magic Systems Profile
Key Indicators
- Authorised Capital ₹ 0.10 M
- Paid Up Capital ₹ 0.10 M
- Company Age 18 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 5.57 M
- Satisfied Charges ₹ 2.00 M
- Revenue Growth 34.20%
- Profit Growth 100.33%
- Ebitda 203.46%
- Net Worth 2.88%
- Total Assets 11.27%
About Magic Systems
Magic Systems Private Limited (MSPL) is a Private Limited Indian Non-Government Company incorporated in India on 06 April 2006 and has a history of 18 years and nine months. Its registered office is in Ahmedabad, Gujarat, 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 2023. 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 ₹5.57 M. The company has closed loans amounting to ₹2.00 M, as per Ministry of Corporate Affairs (MCA) records.
Anita Verma and Gautam Verma serve as directors at the Company.
Company Details
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Location
Ahmedabad, Gujarat, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U72200GJ2006PTC048095
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Company No.
048095
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
06 Apr 2006
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Date of AGM
29 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
What products or services does Magic Systems Private Limited offer?
Magic Systems Private Limited offers a wide range of products and services, including CCTV, Surveillance Systems and Parts, Surveillance Systems, Router, Cables & Networking Devices, Server Parts, Application Software Packages, Antivirus Software, Networking Solutions, Network Monitoring Services, Trend Micro Antivirus Software, Network Switch.
Who are the key members and board of directors at Magic Systems?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Gautam Verma
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Director | 06-Apr-2006 | Current |
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Anita Verma
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Director | 06-Apr-2006 | Current |
Financial Performance of Magic Systems.
Magic Systems Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 34.2% increase. The company also saw a substantial improvement in profitability, with a 100.33% increase in profit. The company's net worth moved up by a moderate rise of 2.88%.
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What is the Ownership and Shareholding Structure of Magic Systems?
In 2022, Magic Systems had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹5.57 M
₹2.00 M
Charges Breakdown by Lending Institutions
- Others : 0.48 Cr
- Bank Of India : 0.08 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Sep 2021 | Others | ₹4.77 M | Open |
| 28 Jun 2008 | Bank Of India | ₹0.80 M | Open |
| 15 Dec 2021 | Others | ₹2.00 M | Satisfied |
How Many Employees Work at Magic Systems?
Unlock and access historical data on people associated with Magic Systems, 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 Systems, 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 Systems'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.