Magicon Impex Profile
Key Indicators
- Authorised Capital ₹ 10.50 Cr
- Paid Up Capital ₹ 4.34 Cr
- Company Age 20 Year, 6 Months
- Last Filing with ROC 31 Mar 2019
- Open Charges ₹ 7.01 Cr
- Satisfied Charges ₹ 31.06 Cr
- Revenue Growth -15.36%
- Profit Growth -92.23%
- Ebitda -20.67%
- Net Worth 1.40%
- Total Assets -22.86%
About Magicon Impex
Magicon Impex Private Limited (MIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 July 2004 and has a history of 20 years and six months. Its registered office is in Delhi, India.
The Corporate was formerly known as Unicon Telesystems Private Limited. The Company is engaged in the Consumer Electronics & Durables Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2019. It's a company limited by shares with an authorized capital of Rs 10.50 Cr and a paid-up capital of Rs 4.34 Cr.
The company currently has active open charges totaling ₹7.01 Cr. The company has closed loans amounting to ₹31.06 Cr, as per Ministry of Corporate Affairs (MCA) records.
Navin Monga and Gurdeep Suddan serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U32201DL2004PTC127870
- Company No.
127870
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
27 Jul 2004
- Date of AGM
30 Sep 2019
- Date of Balance Sheet
31 Mar 2019
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
What products or services does Magicon Impex Private Limited offer?
Magicon Impex Private Limited offers a wide range of products and services, including Mobile Phones, Jivi Mobile Phones.
Who are the key members and board of directors at Magicon Impex?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Navin Monga  | Director | 01-Oct-2018 | Current |
| Gurdeep Suddan | Director | 01-Aug-2004 | Current |
Financial Performance of Magicon Impex.
Magicon Impex Private Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 15.36% decrease. The company also saw a substantial fall in profitability, with a 92.23% decrease in profit. The company's net worth moved up by a moderate rise of 1.4%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Magicon Impex?
In 2019, Magicon Impex 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)
Fixwell Cables Pvt LtdNavin Monga and Gurdeep Suddan are mutual person
- Sri Sai Amartya Trading Private Limited
Navin Monga and Gurdeep Suddan are mutual person
- Jiwa Appliances Limited
Navin Monga and Gurdeep Suddan are mutual person
- Conplex Telecom India Private Limited
Gurdeep Suddan is a mutual person
Charges (Loans)
₹7.01 Cr
₹31.06 Cr
Charges Breakdown by Lending Institutions
- Others : 6.55 Cr
- Axis Bank Limited : 0.27 Cr
- Bank Of India : 0.09 Cr
- Punjab National Bank : 0.09 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Jan 2021 | Axis Bank Limited | ₹2.72 M | Open |
| 27 Mar 2019 | Others | ₹3.00 M | Open |
| 21 Sep 2017 | Others | ₹2.54 M | Open |
| 19 Mar 2015 | Others | ₹6.00 Cr | Open |
| 14 Feb 2014 | Punjab National Bank | ₹0.91 M | Open |
How Many Employees Work at Magicon Impex?
Magicon Impex has a workforce of 372 employees as of Apr 09, 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 Magicon Impex, 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 Magicon Impex'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.
