Magicloop Fabrics Private Limited

Textile company specializing in manufacturing, processing, and trading of various fabrics and yarns.

2020 | Surat, Gujarat (India) | Active
Last Updated:

Magicloop Fabrics Profile

Key Indicators

  • Authorised Capital ₹ 9.00 M
  • Paid Up Capital ₹ 9.00 M
  • Company Age 4 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 32.32 Cr
  • Revenue Growth 14181.61%
  • Profit Growth 474.09%
  • Ebitda 1350.27%
  • Net Worth 499.47%
  • Total Assets 1043.09%

About Magicloop Fabrics

Magicloop Fabrics Private Limited (MFPL) is a Private Limited Indian Non-Government Company incorporated in India on 30 October 2020 (Four years and five months 8 days old ). Its registered office is in Surat, Gujarat, India.

The Company is engaged in the Manufacturing 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 9.00 M and a paid-up capital of Rs 9.00 M.

The company currently has active open charges totaling ₹32.32 Cr.

Gaurav Agrawal, Kamal Agarwal, and Harsh Agrawal serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17299GJ2020PTC117832

  • Company No.

    117832

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Oct 2020

  • Date of AGM

    23 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing
Company report

Magicloop Fabrics Private Limited

Explore comprehensive data for Magicloop Fabrics Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Magicloop Fabrics?

Board Members (3)

NameDesignationAppointment DateStatus
Gaurav Agrawal Country flag representing In Director 30-Oct-2020Current
Kamal Agarwal Country flag representing In Director 30-Oct-2020Current
Harsh Agrawal Country flag representing In Director 30-Oct-2020Current

Financial Performance of Magicloop Fabrics.

Magicloop Fabrics Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14181.61% increase. The company also saw a substantial improvement in profitability, with a 474.09% increase in profit. The company's net worth Soared by an impressive increase of 499.47%.

Magicloop Fabrics revenue growth over time
Magicloop Fabrics 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
14181.61%
Revenue from Operations
14130.08%
Total Assets
1043.09%
Profit or Loss
474.09%
Net Worth
499.47%
EBITDA
1350.27%

What is the Ownership and Shareholding Structure of Magicloop Fabrics?

In 2023, Magicloop Fabrics had a promoter holding of 30.56% and a public holding of 70.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹323.20 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 32.32 Cr

Latest Charge Details

DateLenderAmountStatus
12 Jun 2024Others₹5.01 CrOpen
01 Oct 2022Others₹16.16 CrOpen
30 Sep 2022Others₹5.05 CrOpen
30 Sep 2022Others₹6.10 CrOpen

How Many Employees Work at Magicloop Fabrics?

Magicloop Fabrics has a workforce of 0 employees as of Mar 28, 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.

Employee growth trends for Magicloop Fabrics Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Magicloop Fabrics, 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 Magicloop Fabrics'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 Magicloop Fabrics

Recent activity within the organization

  • Annual General Meeting

    Magicloop Fabrics Private Limited last Annual general meeting of members was held on 23 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Others of Rs. 161.60 M registered on 01 Oct 2022 with Charge ID 100616540 was modified on 13 Jun 2024.

  • Charges

    A charge with Others amounted to Rs. 50.10 M with Charge ID 100941778 was registered on 12 Jun 2024.

  • Charges

    A charge with Others of Rs. 50.50 M registered on 30 Sep 2022 with Charge ID 100616101 was modified on 12 Jun 2024.

  • Balance Sheet

    Magicloop Fabrics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge with Others amounted to Rs. 161.60 M with Charge ID 100616540 was registered on 01 Oct 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Magicloop Fabrics Private Limited?

    Magicloop Fabrics Private Limited was incorporated on 30 Oct 2020.

  • What is authorized share capital and paid-up capital of Magicloop Fabrics Private Limited?

    The authorized share capital of Magicloop Fabrics Private Limited is ₹ 9.00 M and paid-up capital is ₹ 9.00 M.

  • Who are the current board members & directors of Magicloop Fabrics Private Limited?

    Currently 3 directors are associated with Magicloop Fabrics Private Limited.

    • Gaurav Sunil Agrawal
    • Kamal Kishore Agarwal
    • Harsh Sanjay Agrawal
  • What is the registered address of Magicloop Fabrics Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Magicloop Fabrics Private Limited is Block No. 26/A Plot 3 To 8 Os-1/24 Ganga Industrial Estate Moje - Italva Tal. Palsana, India, Surat, Gujarat, 394315.

  • What is the corporate identification number (CIN) and company number of Magicloop Fabrics Private Limited?

    The corporate identification number (CIN) of Magicloop Fabrics Private Limited is U17299GJ2020PTC117832 and the company number is 117832 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Magicloop Fabrics Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Magicloop Fabrics Private Limited has risen by 14181.61%.

  • What change has been observed in the net worth of Magicloop Fabrics Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Magicloop Fabrics Private Limited has experienced an upsurge of 499.47%.

  • What are the total open charges for Magicloop Fabrics Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Magicloop Fabrics Private Limited amount to ₹ 32.32 Cr.

  • When was the last Balance Sheet of Magicloop Fabrics Private Limited filed with the ROC?

    The most recent Balance Sheet for Magicloop Fabrics Private Limited was filed with the ROC on 31 Mar 2024.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial