Magic Technolab Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
as on 20-12-2024
- Paid Up Capital ₹ 0.10 M
as on 20-12-2024
- Company Age 24 Year,
- Last Filing with ROC 31 Mar 2023
- Revenue -13.57%
(FY 2019)
- Profit -123.55%
(FY 2019)
- Ebitda -105.50%
(FY 2019)
- Net Worth -154.09%
(FY 2019)
- Total Assets -54.01%
(FY 2019)
About Magic Technolab
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 0.50 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.
Nimit Parekh and Bhavikbhai Patel serve as directors at the Company.
- CIN/LLPIN
U72200GJ2000PTC039090
- Company No.
039090
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
20 Dec 2000
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
- Email Address
- Website
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- Social Media-
Who are the key members and board of directors at Magic Technolab?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nimit Parekh  | Director | 13-Nov-2021 | Current |
| Bhavikbhai Patel | Director | 13-Nov-2021 | Current |
Financial Performance and Corporate Structure Insights of Magic Technolab.
Magic Technolab Private Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 13.57% decrease. The company also saw a substantial fall in profitability, with a 123.55% decrease in profit. The company's net worth observed a substantial decline by a decrease of 154.09%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Magic Technolab?
In 2019, Magic Technolab 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)
There are no open charges registered against the company as per our records.
How Many Employees Work at Magic Technolab?
Unlock and access historical data on people associated with Magic Technolab, 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 Technolab, 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 Technolab'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.
