Magical Technologies (India) Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.10 M
- Company Age 17 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.40 M
- Revenue Growth -1.96%
- Profit Growth -99.54%
- Ebitda -29.36%
- Net Worth 0.03%
- Total Assets -19.19%
About Magical Technologies (India)
Magical Technologies (India) Private Limited. (MTIPL) is a Private Limited Indian Non-Government Company incorporated in India on 06 August 2007 and has a history of 17 years and five months. Its registered office is in Kolar, Karnataka, India.
The Company is engaged in the Machinery And Equipment 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 0.50 M and a paid-up capital of Rs 0.10 M.
The company currently has active open charges totaling ₹1.40 M.
Sandeep Bagaria and Shweta Bagaria serve as directors at the Company.
Company Details
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Location
Kolar, Karnataka, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U29222KA2007PTC043544
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Company No.
043544
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
06 Aug 2007
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Magical Technologies (India)?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sandeep Bagaria
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Director | 06-Aug-2007 | Current |
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Shweta Bagaria
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Director | 06-Aug-2007 | Current |
Financial Performance of Magical Technologies (India).
Magical Technologies (India) Private Limited., for the financial year ended 2022, experienced Minor drop in revenue, with a 1.96% decrease. The company also saw a substantial fall in profitability, with a 99.54% decrease in profit. The company's net worth moved up by a moderate rise of 0.03%.
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What is the Ownership and Shareholding Structure of Magical Technologies (India)?
In 2022, Magical Technologies (India) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Magical Feed Solutions Private LimitedSandeep Bagaria is a mutual person
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Ecogen New Materials Private LimitedSandeep Bagaria is a mutual person
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Ishta Industries Private Limited
Sandeep Bagaria and Shweta Bagaria are mutual person
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Heritage Structures Private Limited
Sandeep Bagaria and Shweta Bagaria are mutual person
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Itco Chem (India) Pvt. Ltd.
Sandeep Bagaria is a mutual person
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Sea Horse Vanijya Private Limited
Sandeep Bagaria and Shweta Bagaria are mutual person
Charges (Loans)
₹1.40 M
₹0
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 0.14 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Nov 2020 | Hdfc Bank Limited | ₹1.40 M | Open |
How Many Employees Work at Magical Technologies (India)?
Unlock and access historical data on people associated with Magical Technologies (India), 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 Magical Technologies (India), 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 Magical Technologies (India)'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.