Magicworks It Solutions Profile
Key Indicators
- Authorised Capital ₹ 0.10 M
as on 29-07-2024
- Paid Up Capital ₹ 0.10 M
as on 29-07-2024
- Company Age 12 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 2.50 M
as on 29-07-2024
- Satisfied Charges ₹ 0.49 M
as on 29-07-2024
- Revenue 64.75%
(FY 2023)
- Profit -23.82%
(FY 2023)
- Ebitda -19.38%
(FY 2023)
- Net Worth 27.90%
(FY 2023)
- Total Assets 24.89%
(FY 2023)
About Magicworks It Solutions
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 0.10 M and a paid-up capital of Rs 0.10 M.
The company currently has active open charges totaling ₹2.50 M. The company has closed loans amounting to ₹0.49 M, as per Ministry of Corporate Affairs (MCA) records.
Swapnil Ughade, Nikhita Deshmukh, and Sudhir Dixit serve as directors at the Company.
- CIN/LLPIN
U72200PN2012PTC144846
- Company No.
144846
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
26 Sep 2012
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Pune
Industry
Company Details
- Location
Pune, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Magicworks It Solutions Private Limited offer?
Magicworks It Solutions Private Limited offers a wide range of products and services, including Website Domain Hosting Service, Linux Server Hosting, Advertising Service, Print Media Service, Hosting Services, Dedicated Servers, Domain Name Registration, Website Development Services, Web Service.
Who are the key members and board of directors at Magicworks It Solutions?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sudhir Dixit  | Director | 03-Jul-2019 | Current |
| Swapnil Ughade | Director | 26-Sep-2012 | Current |
| Nikhita Deshmukh | Director | 26-Sep-2012 | Current |
Financial Performance of Magicworks It Solutions.
Magicworks It Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 64.75% increase. The company also saw a substantial fall in profitability, with a 23.82% decrease in profit. The company's net worth Soared by an impressive increase of 27.9%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Magicworks It Solutions?
In 2023, Magicworks It Solutions 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)
Dnyanal Educon Private LimitedActive 1 year 7 monthsNikhita Deshmukh and Sudhir Dixit are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 18 Mar 2024 | ₹1.50 M | Open |
Others Creation Date: 13 Mar 2018 | ₹1.00 M | Open |
Others Creation Date: 19 Nov 2016 | ₹0.49 M | Satisfied |
How Many Employees Work at Magicworks It Solutions?
Magicworks It Solutions has a workforce of 18 employees as of Apr 06, 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 Magicworks It 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 Magicworks It Solutions'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.
