Magic Wand Empowerment Private Limited

Provides educational support services and empowers individuals and organizations through management systems, certification, and training.

2011 | Bangaluru, Karnataka (India) | Active
Last Updated:

Magic Wand Empowerment Profile

Key Indicators

  • Authorised Capital ₹ 6.00 M
  • Paid Up Capital ₹ 5.53 M
  • Company Age 13 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 4.02 Cr
  • Revenue Growth 23.51%
  • Profit Growth -221.75%
  • Ebitda -218.86%
  • Net Worth 135.06%
  • Total Assets 35.75%

About Magic Wand Empowerment

Magic Wand Empowerment Private Limited (MWEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 August 2011 and has a history of 13 years and eight months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Education 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 6.00 M and a paid-up capital of Rs 5.53 M.

The company has closed loans amounting to ₹4.02 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Subraya Subraya, Sridhar Sambandam, Chitra Talwar, and Two other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U93000KA2011PTC060195

  • Company No.

    060195

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Aug 2011

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Education
Company report

Magic Wand Empowerment Private Limited

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

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

Board Members (5)

NameDesignationAppointment DateStatus
Sridhar Sambandam Country flag representing In Director 30-Jan-2018Current
Chitra Talwar Country flag representing In Director 16-Apr-2021Current
Subraya Subraya Country flag representing In Director 11-Jan-2013Current
Simon Newman Country flag representing Io Director 30-Jan-2018Current
Suvarna Hegde Country flag representing In Director 01-Nov-2021Current

Financial Performance of Magic Wand Empowerment.

Magic Wand Empowerment Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 23.51% increase. The company also saw a substantial fall in profitability, with a 221.75% decrease in profit. The company's net worth Soared by an impressive increase of 135.06%.

Magic Wand Empowerment revenue growth over time
Magic Wand Empowerment 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
23.51%
Revenue from Operations
23.53%
Total Assets
35.75%
Profit or Loss
-221.75%
Net Worth
135.06%
EBITDA
-218.86%

What is the Ownership and Shareholding Structure of Magic Wand Empowerment?

In 2023, Magic Wand Empowerment had a public holding of 20.15%. 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

₹40.18 M

Charges Breakdown by Lending Institutions

  • National Skill Development Corporation : 4.02 Cr

Latest Charge Details

DateLenderAmountStatus
15 May 2014National Skill Development Corporation₹4.02 CrSatisfied

How Many Employees Work at Magic Wand Empowerment?

Magic Wand Empowerment has a workforce of 22 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 Wand Empowerment Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Magic Wand Empowerment Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Magic Wand Empowerment Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Charges

    A charge registered on 15 May 2014 via Charge ID 10497069 with National Skill Development Corporation was fully satisfied on 24 Jul 2022.

  • Director Appointment

    Suvarna Hegde was appointed as a Director was appointed as a Director on 01 Nov 2021 & has been associated with this company since 3 years 6 months .

  • Director Appointment

    Chitra Rajiv Talwar was appointed as a Director was appointed as a Director on 16 Apr 2021 & has been associated with this company since 4 years 1 month .

  • Director Appointment

    Sridhar Sambandam was appointed as a Director was appointed as a Director on 30 Jan 2018 & has been associated with this company since 7 years 3 months .

Frequently asked questions

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

    Magic Wand Empowerment Private Limited was incorporated on 29 Aug 2011.

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

    The authorized share capital of Magic Wand Empowerment Private Limited is ₹ 6.00 M and paid-up capital is ₹ 5.53 M.

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

    Currently 5 directors are associated with Magic Wand Empowerment Private Limited.

    • Subraya Rajesh Bhat Subraya
    • Sridhar Sambandam
    • Chitra Rajiv Talwar
    • Simon Newman
    • Suvarna Hegde

  • What is the registered address of Magic Wand Empowerment Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Magic Wand Empowerment Private Limited is C10 Mjr Gulmohar Avenue Jr. College Road, Belathur Colony India, Hosakote, Karnataka, 560067.

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

    The corporate identification number (CIN) of Magic Wand Empowerment Private Limited is U93000KA2011PTC060195 and the company number is 060195 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Magic Wand Empowerment Private Limited?

    The Official website of Magic Wand Empowerment Private Limited is https://www.head-held-high.com

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Magic Wand Empowerment Private Limited has risen by 23.51%.

  • How many employees does Magic Wand Empowerment Private Limited currently have?

    As Per 2023 financial reports, 22 employees are currently employed by Magic Wand Empowerment Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Magic Wand Empowerment Private Limited has experienced an upsurge of 135.06%.

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

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

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