Magictap Solutions Private Limited

Technology solutions for events, conferences, festivals, and more, specializing in NFC/RFID integration and marketing.

2014 | Alwar, Rajasthan (India) | Active
Last Updated: December 28, 2024

Magictap Solutions Profile

Key Indicators

  • Authorised Capital ₹ 0.20 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 10 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -24.89%
  • Profit Growth 102.03%
  • Ebitda 15.82%
  • Net Worth 0.68%
  • Total Assets -5.95%

About Magictap Solutions

Magictap Solutions Private Limited (MSPL) is a Private Limited Indian Non-Government Company incorporated in India on 10 May 2014 and has a history of Ten years and eight months. Its registered office is in Alwar, Rajasthan, India.

The Company is engaged in the Events And Entertainment 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 0.20 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Laxmi Narayan and Nikhil Tuteja serve as directors at the Company.

Company Details

  • Location

    Alwar, Rajasthan, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72900RJ2014PTC045557

  • Company No.

    045557

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 May 2014

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jaipur

Industry

Events and Entertainment

What products or services does Magictap Solutions Private Limited offer?

Magictap Solutions Private Limited offers a wide range of products and services, including Fun Parks & Amusement Park Equipment, Amusement Park Equipments, Camera & Photography Equipments, Photo Studio Equipment, Clocks and Watches, Smart Watch, IT, Networking & Automation Solution, IT Solutions, VFD, PLC, HMI & Control Equipments, Industrial Control Systems.

Who are the key members and board of directors at Magictap Solutions?

Board Members (2)

Name Designation Appointment Date Status
Laxmi Narayan Country flag representing In Director 10-May-2014 Current
Nikhil Tuteja Country flag representing In Director 10-May-2014 Current

Financial Performance of Magictap Solutions.

Magictap Solutions Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 24.89% decrease. The company also saw a substantial improvement in profitability, with a 102.03% increase in profit. The company's net worth moved up by a moderate rise of 0.68%.

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
-24.89%
Revenue from Operations
-24.85%
Total Assets
-5.95%
Profit or Loss
102.03%
Net Worth
0.68%
EBITDA
15.82%

What is the Ownership and Shareholding Structure of Magictap Solutions?

In 2022, Magictap Solutions had a public holding of 3.48%. 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 Magictap Solutions?

Unlock and access historical data on people associated with Magictap Solutions, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Magictap Solutions, 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 Magictap Solutions'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 Magictap Solutions

Recent activity within the organization

  • Annual General Meeting

    Magictap Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Magictap Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Jaipur.

    31 Mar 2023

  • Director Appointment

    Laxmi Narayan was appointed as a Director was appointed as a Director on 10 May 2014 & has been associated with this company since 10 years 8 months .

    10 May 2014

  • Director Appointment

    Nikhil Tuteja was appointed as a Director was appointed as a Director on 10 May 2014 & has been associated with this company since 10 years 8 months .

    10 May 2014

  • Company Incorporation

    Magictap Solutions Private Limited was registered on 10 May 2014 with Roc Jaipur & aged 10 years 8 months as per MCA records.

    10 May 2014

Frequently asked questions

  • Magictap Solutions Private Limited was incorporated on 10 May 2014.

  • The authorized share capital of Magictap Solutions Private Limited is ₹ 0.20 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Magictap Solutions Private Limited.

    • Laxmi Narayan
    • Nikhil Tuteja
  • As per Ministry of Corporate Affairs (Mca), the registered address of Magictap Solutions Private Limited is B-108 Malviya Nagar India, Alwar, Rajasthan, 301001.

  • The corporate identification number (CIN) of Magictap Solutions Private Limited is U72900RJ2014PTC045557 and the company number is 045557 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Magictap Solutions Private Limited is https://www.magictap.events

  • According to the financial reports for the fiscal year 2022, the revenue trend for Magictap Solutions Private Limited has fallen by -24.89%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Magictap Solutions Private Limited has experienced an upsurge of 0.68%.

  • The most recent Balance Sheet for Magictap Solutions Private Limited was filed with the ROC on 31 Mar 2023.