Magic Wand Empowerment Profile
Key Indicators
- Authorised Capital ₹ 6.00 M
- Paid Up Capital ₹ 5.53 M
- Company Age 13 Year, 5 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 five 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
Who are the key members and board of directors at Magic Wand Empowerment?
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sridhar Sambandam  | Director | 30-Jan-2018 | Current |
| Chitra Talwar | Director | 16-Apr-2021 | Current |
| Subraya Subraya | Director | 11-Jan-2013 | Current |
Simon Newman  | Director | 30-Jan-2018 | Current |
| Suvarna Hegde | Director | 01-Nov-2021 | Current |
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%.
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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.
Related Corporates (Common Directorship)
Jana Small Finance Bank LimitedChitra Talwar is a mutual person
Suntzu Bingfa Consultants Private LimitedSridhar Sambandam is a mutual person
Charges (Loans)
₹0
₹40.18 M
Charges Breakdown by Lending Institutions
- National Skill Development Corporation : 4.02 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 May 2014 | National Skill Development Corporation | ₹4.02 Cr | Satisfied |
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.
Deals i
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
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.
