Magica Sports Ventures Private Limited

Manages Chennai's professional men's kabaddi team under the brand Tamil Thalaivas in the PKL.

2017 | Hyderabad, Telangana (India) | Active
Last Updated:

Magica Sports Ventures Profile

Key Indicators

  • Authorised Capital ₹ 34.00 Cr
  • Paid Up Capital ₹ 33.84 Cr
  • Company Age 7 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 4.00 Cr
  • Revenue Growth -4.85%
  • Profit Growth -1214.16%
  • Ebitda -765.71%
  • Net Worth -26.63%
  • Total Assets -14.54%

About Magica Sports Ventures

Magica Sports Ventures Private Limited (MSVPL) is a Private Limited Indian Non-Government Company incorporated in India on 24 June 2017 (Seven years and ten months 2 days old ). Its registered office is in Hyderabad, Telangana, India.

The Company is engaged in the Events And Entertainment 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 34.00 Cr and a paid-up capital of Rs 33.84 Cr.

The company has closed loans amounting to ₹4.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Magica Sports Ventures Private Limited India is Arihant Jain as COMPANY SECRETARY. Prasad Nimmagadda, Chiranjeevi Konidela, Arjun Allu, and Three other members serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U92490TG2017PTC117939

  • Company No.

    117939

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Jun 2017

  • Date of AGM

    25 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Events and Entertainment
Company report

Magica Sports Ventures Private Limited

Explore comprehensive data for Magica Sports Ventures Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Magica Sports Ventures?

Executive Team (1)

NameDesignationAppointment DateStatus
Arihant Jain Company Secretary01-Feb-2023Current

Board Members (6)

NameDesignationAppointment DateStatus
Arjun Allu Country flag representing In Director 04-Jul-2017Current
Prasad Nimmagadda Country flag representing In Director 24-Aug-2020Current
Chiranjeevi Konidela Country flag representing In Director 04-Jul-2017Current
Anil Yerramreddy Country flag representing In Director 12-Aug-2021Current
Nalluri Venkat Country flag representing In Director 24-Jun-2017Current
Nikhil Bhardwaj Country flag representing In Whole-Time Director 24-Aug-2020Current

Financial Performance of Magica Sports Ventures.

Magica Sports Ventures Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 4.85% decrease. The company also saw a substantial fall in profitability, with a 1214.16% decrease in profit. The company's net worth observed a substantial decline by a decrease of 26.63%.

Magica Sports Ventures revenue growth over time
Magica Sports Ventures 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
-4.85%
Revenue from Operations
-8.39%
Total Assets
-14.54%
Profit or Loss
-1214.16%
Net Worth
-26.63%
EBITDA
-765.71%

What is the Ownership and Shareholding Structure of Magica Sports Ventures?

In 2023, Magica Sports Ventures had a promoter holding of 64.46% and a public holding of 35.54%. 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

₹4.00 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 4.00 Cr

Latest Charge Details

DateLenderAmountStatus
11 Oct 2018Canara Bank₹4.00 CrSatisfied

How Many Employees Work at Magica Sports Ventures?

Unlock and access historical data on people associated with Magica Sports Ventures, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Magica Sports Ventures Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Magica Sports Ventures, 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 Magica Sports Ventures'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 Magica Sports Ventures

Recent activity within the organization

  • Annual General Meeting

    Magica Sports Ventures Private Limited last Annual general meeting of members was held on 25 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Magica Sports Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

  • Director Appointment

    Anil Reddy Yerramreddy was appointed as a Director was appointed as a Director on 12 Aug 2021 & has been associated with this company since 3 years 8 months .

  • Charges

    A charge registered on 11 Oct 2018 via Charge ID 100212248 with Canara Bank was fully satisfied on 10 Mar 2021.

  • Director Appointment

    Prasad Nimmagadda was appointed as a Director was appointed as a Director on 24 Aug 2020 & has been associated with this company since 4 years 8 months .

  • Charges

    A charge with Canara Bank amounted to Rs. 4.00 Cr with Charge ID 100212248 was registered on 11 Oct 2018.

Frequently asked questions

  • What is the Incorporation or founding date of Magica Sports Ventures Private Limited?

    Magica Sports Ventures Private Limited was incorporated on 24 Jun 2017.

  • What is authorized share capital and paid-up capital of Magica Sports Ventures Private Limited?

    The authorized share capital of Magica Sports Ventures Private Limited is ₹ 34.00 Cr and paid-up capital is ₹ 33.84 Cr.

  • Who are the current board members & directors of Magica Sports Ventures Private Limited?

    Currently 7 directors are associated with Magica Sports Ventures Private Limited.

    • Prasad Nimmagadda
    • Chiranjeevi Konidela
    • Arjun Allu
    • Anil Reddy Yerramreddy
    • Nalluri Madhurika Venkat
    • Nikhil Bhardwaj
    • Arihant Jain
  • What is the registered address of Magica Sports Ventures Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Magica Sports Ventures Private Limited is 104 4Th Floor F-Block Surya Towers S P Road Secunderabad, Hyderabad, Telangana, India, 500003.

  • What is the corporate identification number (CIN) and company number of Magica Sports Ventures Private Limited?

    The corporate identification number (CIN) of Magica Sports Ventures Private Limited is U92490TG2017PTC117939 and the company number is 117939 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Magica Sports Ventures Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Magica Sports Ventures Private Limited has fallen by -4.85%.

  • What change has been observed in the net worth of Magica Sports Ventures Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Magica Sports Ventures Private Limited has experienced an downturn of -26.63%.

  • When was the last Balance Sheet of Magica Sports Ventures Private Limited filed with the ROC?

    The most recent Balance Sheet for Magica Sports Ventures Private Limited was filed with the ROC on 31 Mar 2023.

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