Magic Systems Profile
Key Indicators
- Authorised Capital ₹ 0.10 M
- Paid Up Capital ₹ 0.10 M
- Company Age 18 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 5.57 M
- Satisfied Charges ₹ 2.00 M
- Revenue Growth 53.57%
- Profit Growth 64.83%
- Ebitda -191.59%
- Net Worth 4.61%
- Total Assets 11.11%
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 ten 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
- Location
Ahmedabad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U72200GJ2006PTC048095
- Company No.
048095
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
06 Apr 2006
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Information Technology
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  | Director | 06-Apr-2006 | Current |
| Anita Verma | Director | 06-Apr-2006 | Current |
Financial Performance of Magic Systems.
Magic Systems Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 53.57% increase. The company also saw a substantial improvement in profitability, with a 64.83% increase in profit. The company's net worth moved up by a moderate rise of 4.61%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Magic Systems?
Unlock access to Magic Systems's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
Charges (Loans)
Open Charges
₹5.57 M
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Magic Systems
Recent activity within the organization
- Charges
A charge registered on 15 Dec 2021 via Charge ID 100530159 with Others was fully satisfied on 29 Nov 2023.
- Annual General Meeting
Magic Systems Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.
- Balance Sheet
Magic Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
- Charges
A charge with Others amounted to Rs. 2.00 M with Charge ID 100530159 was registered on 15 Dec 2021.
- Charges
A charge with Others amounted to Rs. 4.77 M with Charge ID 100491362 was registered on 30 Sep 2021.
- Charges
A charge with Bank Of India amounted to Rs. 0.80 M with Charge ID 10112685 was registered on 28 Jun 2008.
Frequently asked questions
What is the Incorporation or founding date of Magic Systems Private Limited?
Magic Systems Private Limited was incorporated on 06 Apr 2006.
What is authorized share capital and paid-up capital of Magic Systems Private Limited?
The authorized share capital of Magic Systems Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.
Who are the current board members & directors of Magic Systems Private Limited?
Currently 2 directors are associated with Magic Systems Private Limited.
- Anita Gautam Verma
- Gautam Verma
What is the registered address of Magic Systems Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Magic Systems Private Limited is 505 Shivalik Shilp-2 Opp Itc Narmada Nr Keshavbag Party Plot Judges Bunglow Road, Vastrapur India, Ahmadabad City, Gujarat, 380015.
What is the corporate identification number (CIN) and company number of Magic Systems Private Limited?
The corporate identification number (CIN) of Magic Systems Private Limited is U72200GJ2006PTC048095 and the company number is 048095 as per Ministry of Corporate Affairs (MCA).
What is the official website of Magic Systems Private Limited?
The Official website of Magic Systems Private Limited is https://www.magic-systems.com
What has been the recent revenue trend for Magic Systems Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Magic Systems Private Limited has risen by 53.57%.
What change has been observed in the net worth of Magic Systems Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Magic Systems Private Limited has experienced an upsurge of 4.61%.
What are the total open charges for Magic Systems Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Magic Systems Private Limited amount to ₹ 5.57 M.
When was the last Balance Sheet of Magic Systems Private Limited filed with the ROC?
The most recent Balance Sheet for Magic Systems Private Limited was filed with the ROC on 31 Mar 2023.