Magiclane App Services Private Limited

Provides chatbot software for automated customer support and engagement to various industries.

2015 | Bangaluru, Karnataka (India) | Active
Last Updated: November 15, 2024

Magiclane App Services Profile

Key Indicators

  • Authorised Capital ₹ 3.87 Cr
  • Paid Up Capital ₹ 3.69 Cr
  • Company Age 9 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 119.82%
  • Profit Growth 48.64%
  • Ebitda 43.14%
  • Net Worth 0.86%
  • Total Assets -3.45%

About Magiclane App Services

Magiclane App Services Private Limited (MASPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 22 June 2015 (Nine years and seven months 12 days old ). Its registered office is in Bangaluru, Karnataka, India.

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 3.87 Cr and a paid-up capital of Rs 3.69 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ganesh Krishnan and Gaurav Singh 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

    U74995KA2015PTC081058

  • Company No.

    081058

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Jun 2015

  • Date of AGM

    10 Nov 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

Who are the key members and board of directors at Magiclane App Services?

Board Members (2)

Name Designation Appointment Date Status
Ganesh Krishnan Country flag representing In Director 22-Jun-2015 Current
Gaurav Singh Country flag representing In Director 24-Jan-2019 Current

Financial Performance of Magiclane App Services.

Magiclane App Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 119.82% increase. The company also saw a substantial improvement in profitability, with a 48.64% increase in profit. The company's net worth moved up by a moderate rise of 0.86%.

Graph illustrating revenue growth over time
Graph showing 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
119.82%
Revenue from Operations
93.50%
Total Assets
-3.45%
Profit or Loss
48.64%
Net Worth
0.86%
EBITDA
43.14%

What is the Ownership and Shareholding Structure of Magiclane App Services?

In 2023, Magiclane App Services had a promoter holding of 51.30% and a public holding of 48.70%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Magiclane App Services?

Magiclane App Services has a workforce of 98 employees as of Apr 02, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Magiclane App Services, 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 Magiclane App Services'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 Magiclane App Services

Recent activity within the organization

  • Annual General Meeting

    Magiclane App Services Private Limited last Annual general meeting of members was held on 10 Nov 2023 as per latest MCA records.

    10 Nov 2023

  • Balance Sheet

    Magiclane App Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Gaurav Singh was appointed as a Director was appointed as a Director on 24 Jan 2019 & has been associated with this company since 6 years 8 days .

    24 Jan 2019

  • Director Appointment

    Ganesh Krishnan was appointed as a Director was appointed as a Director on 22 Jun 2015 & has been associated with this company since 9 years 7 months .

    22 Jun 2015

  • Company Incorporation

    Magiclane App Services Private Limited was registered on 22 Jun 2015 with Roc Bangalore & aged 9 years 7 months as per MCA records.

    22 Jun 2015

Recent News, Updates & Announcement

Frequently asked questions

  • Magiclane App Services Private Limited was incorporated on 22 Jun 2015.

  • The authorized share capital of Magiclane App Services Private Limited is ₹ 3.87 Cr and paid-up capital is ₹ 3.69 Cr.

  • Currently 2 directors are associated with Magiclane App Services Private Limited.

    • Ganesh Krishnan
    • Gaurav Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Magiclane App Services Private Limited is 102 1St Floor Vanguard Rise 163 5Th Cross, Off Hal Old Airport Road India, Bangalore North, Karnataka, 560017.

  • The corporate identification number (CIN) of Magiclane App Services Private Limited is U74995KA2015PTC081058 and the company number is 081058 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Magiclane App Services Private Limited is https://www.verloop.io

  • According to the financial reports for the fiscal year 2023, the revenue trend for Magiclane App Services Private Limited has risen by 119.82%.

  • As Per 2023 financial reports, 98 employees are currently employed by Magiclane App Services Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Magiclane App Services Private Limited has experienced an upsurge of 0.86%.

  • The most recent Balance Sheet for Magiclane App Services Private Limited was filed with the ROC on 31 Mar 2023.

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