Magiclane App Services Profile
Key Indicators
- Authorised Capital ₹ 3.87 Cr
- Paid Up Capital ₹ 3.69 Cr
- Company Age 9 Year, 10 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 ten months 20 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
Magiclane App Services Private Limited
Explore comprehensive data for Magiclane App Services Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Magiclane App Services?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ganesh Krishnan  | Director | 22-Jun-2015 | Current |
| Gaurav Singh | 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%.
- Key Matrics
- Balance Sheet
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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.
Related Corporates (Common Directorship)
Qtrovevista Exclusive Services Private LimitedGanesh Krishnan is a mutual person
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Hygiene Bigbite Private LimitedGanesh Krishnan is a mutual person
Homevista Decor And Furnishings Private LimitedGanesh Krishnan is a mutual person
Eatgood Technologies Private LimitedGanesh Krishnan is a mutual person
Iimb InnovationsGanesh Krishnan is a mutual person
Charges (Loans)
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.
Deals i
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
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.
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.
- Balance Sheet
Magiclane App Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
- 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 3 months .
- 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 10 months .
- Company Incorporation
Magiclane App Services Private Limited was registered on 22 Jun 2015 with Roc Bangalore & aged 9 years 10 months as per MCA records.
Recent News, Updates & Announcement
Verloop raises $3 million led by IDFC Parampara Fund.Citing a MetricNet report, the statement said the global opportunity in this space is valued at an estimated $19 billion annually..
Frequently asked questions
What is the Incorporation or founding date of Magiclane App Services Private Limited?
Magiclane App Services Private Limited was incorporated on 22 Jun 2015.
What is authorized share capital and paid-up capital of Magiclane App Services Private Limited?
The authorized share capital of Magiclane App Services Private Limited is ₹ 3.87 Cr and paid-up capital is ₹ 3.69 Cr.
Who are the current board members & directors of Magiclane App Services Private Limited?
Currently 2 directors are associated with Magiclane App Services Private Limited.
- Ganesh Krishnan
- Gaurav Singh
What is the registered address of Magiclane App Services Private Limited?
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.
What is the corporate identification number (CIN) and company number of Magiclane App Services Private Limited?
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).
What is the official website of Magiclane App Services Private Limited?
The Official website of Magiclane App Services Private Limited is https://www.verloop.io
What has been the recent revenue trend for Magiclane App Services Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Magiclane App Services Private Limited has risen by 119.82%.
How many employees does Magiclane App Services Private Limited currently have?
As Per 2023 financial reports, 98 employees are currently employed by Magiclane App Services Private Limited.
What change has been observed in the net worth of Magiclane App Services Private Limited, and by what percentage?
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%.
When was the last Balance Sheet of Magiclane App Services Private Limited filed with the ROC?
The most recent Balance Sheet for Magiclane App Services Private Limited was filed with the ROC on 31 Mar 2023.
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