Magik Eye Tech Private Limited

Software development, consultancy, and related services in Bangalore, Karnataka since 2020.

2020 | Bangaluru, Karnataka (India) | Active
Last Updated: December 20, 2024

Magik Eye Tech Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 4 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 10.88%
  • Profit Growth 17.32%
  • Ebitda 13.90%
  • Net Worth 100.00%
  • Total Assets 66.71%

About Magik Eye Tech

Magik Eye Tech Private Limited (METPL) is a Private Limited Foreign Company Incorporated In India incorporated in India on 03 March 2020 (Four years and 11 months 22 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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Praveen Bhimireddy, M Afzal, and Abhishek Srivastava serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    magik-eye.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72900KA2020FTC133171

  • Company No.

    133171

  • Company Classification

    Private Limited Foreign Company Incorporated In India

  • Incorporation Date

    03 Mar 2020

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

Who are the key members and board of directors at Magik Eye Tech?

Board Members (3)

NameDesignationAppointment DateStatus
Abhishek Srivastava Country flag representing In Director 08-Mar-2021Current
Praveen Bhimireddy Country flag representing In Director 03-Mar-2020Current
M Afzal Country flag representing Us Director 03-Mar-2020Current

Financial Performance of Magik Eye Tech.

Magik Eye Tech Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 10.88% increase. The company also saw a substantial improvement in profitability, with a 17.32% increase in profit. The company's net worth Soared by an impressive increase of 100%.

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
10.88%
Revenue from Operations
10.88%
Total Assets
66.71%
Profit or Loss
17.32%
Net Worth
100.00%
EBITDA
13.90%

What is the Ownership and Shareholding Structure of Magik Eye Tech?

In 2023, Magik Eye Tech had a promoter holding of 100.00%. 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 Magik Eye Tech?

Unlock and access historical data on people associated with Magik Eye Tech, 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 Magik Eye Tech, 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 Magik Eye Tech'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 Magik Eye Tech

Recent activity within the organization

  • Annual General Meeting

    Magik Eye Tech Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Magik Eye Tech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Director Appointment

    Abhishek Srivastava was appointed as a Director was appointed as a Director on 08 Mar 2021 & has been associated with this company since 3 years 11 months .

    08 Mar 2021

  • Director Appointment

    Praveen Kumar Bhimireddy was appointed as a Director was appointed as a Director on 03 Mar 2020 & has been associated with this company since 4 years 11 months .

    03 Mar 2020

  • Director Appointment

    M Feisal Afzal was appointed as a Director was appointed as a Director on 03 Mar 2020 & has been associated with this company since 4 years 11 months .

    03 Mar 2020

  • Company Incorporation

    Magik Eye Tech Private Limited was registered on 03 Mar 2020 with Roc Bangalore & aged 4 years 11 months as per MCA records.

    03 Mar 2020

Frequently asked questions

  • Magik Eye Tech Private Limited was incorporated on 03 Mar 2020.

  • The authorized share capital of Magik Eye Tech Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Magik Eye Tech Private Limited.

    • Praveen Kumar Bhimireddy
    • M Feisal Afzal
    • Abhishek Srivastava
  • As per Ministry of Corporate Affairs (Mca), the registered address of Magik Eye Tech Private Limited is 2318 99/3 Rachenahalli 101-Samprasiddhi Green Edge, Off. Thanis Andra Road India, Bangalore, Karnataka, 560077.

  • The corporate identification number (CIN) of Magik Eye Tech Private Limited is U72900KA2020FTC133171 and the company number is 133171 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Magik Eye Tech Private Limited is https://www.magik-eye.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Magik Eye Tech Private Limited has risen by 10.88%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Magik Eye Tech Private Limited has experienced an upsurge of 100.00%.

  • The most recent Balance Sheet for Magik Eye Tech Private Limited was filed with the ROC on 31 Mar 2024.