Majestic It Services Limited

Offers software development, digital strategy, design, mobile apps, and more.

2009 | Delhi (India) | Active
Last Updated:

Majestic It Services Profile

Key Indicators

  • Authorised Capital ₹ 17.50 Cr
  • Paid Up Capital ₹ 16.98 Cr
  • Company Age 15 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 27.27 Cr
  • Revenue Growth -36.57%
  • Profit Growth -108.42%
  • Ebitda 244.98%
  • Net Worth -1.06%
  • Total Assets -0.27%

About Majestic It Services

Majestic It Services Limited (MISL) is a Public Limited Indian Non-Government Company incorporated in India on 12 December 2009 and has a history of 15 years and two months. Its registered office is in Delhi, 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 17.50 Cr and a paid-up capital of Rs 16.98 Cr.

The company has closed loans amounting to ₹27.27 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Majestic It Services Limited India are Ajay Kumar as CFO and Parul Chadha as Company Secretary. Mahesh Munjal, Anil Sharma, Rajeev Dhingra, and One other member serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    majesticauto.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U70109DL2009PLC196844

  • Company No.

    196844

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    12 Dec 2009

  • Date of AGM

    03 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Information Technology

Who are the key members and board of directors at Majestic It Services?

Executive Team (3)

NameDesignationAppointment DateStatus
Mahesh Munjal Country flag representing In Managing Director12-Dec-2009Current
Ajay Kumar CFO05-Sep-2024Current
Parul Chadha Company Secretary23-Mar-2024Current

Board Members (3)

NameDesignationAppointment DateStatus
Aayush Munjal Country flag representing In Director 24-Nov-2021Current
Anil Sharma Country flag representing In Director 15-Sep-2021Current
Rajeev Dhingra Country flag representing In Director 15-Sep-2021Current

Financial Performance of Majestic It Services.

Majestic It Services Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 36.57% decrease. The company also saw a substantial fall in profitability, with a 108.42% decrease in profit. The company's net worth dipped by a decrease of 1.06%.

Majestic It Services revenue growth over time
Majestic It Services 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
-36.57%
Revenue from Operations
-14.29%
Total Assets
-0.27%
Profit or Loss
-108.42%
Net Worth
-1.06%
EBITDA
244.98%

What is the Ownership and Shareholding Structure of Majestic It Services?

In 2023, Majestic It Services 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)

Open Charges

₹0

Satisfied Charges

₹27.27 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 20.00 Cr
  • Others : 7.02 Cr
  • Canara Bank : 0.25 Cr

Latest Charge Details

DateLenderAmountStatus
29 Feb 2020Others₹7.02 CrSatisfied
06 Jun 2016Hdfc Bank Limited₹10.00 CrSatisfied
12 May 2016Canara Bank₹2.50 MSatisfied
10 Dec 2015Hdfc Bank Limited₹10.00 CrSatisfied

How Many Employees Work at Majestic It Services?

Majestic It Services has a workforce of 14 employees as of Apr 07, 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 Majestic It Services Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Majestic It Services, 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 Majestic It Services'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 Majestic It Services

Recent activity within the organization

  • Director Appointment

    Ajay Kumar was appointed as a Cfo was appointed as a Cfo on 05 Sep 2024 & has been associated with this company since 5 months 26 days .

  • Annual General Meeting

    Majestic It Services Limited last Annual general meeting of members was held on 03 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Majestic It Services Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

  • Director Appointment

    Parul Chadha was appointed as a Company Secretary was appointed as a Company Secretary on 23 Mar 2024 & has been associated with this company since 11 months 9 days .

  • Charges

    A charge registered on 06 Jun 2016 via Charge ID 100043576 with Hdfc Bank Limited was fully satisfied on 15 Feb 2022.

  • Charges

    A charge registered on 10 Dec 2015 via Charge ID 10611665 with Hdfc Bank Limited was fully satisfied on 15 Feb 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Majestic It Services Limited?

    Majestic It Services Limited was incorporated on 12 Dec 2009.

  • What is authorized share capital and paid-up capital of Majestic It Services Limited?

    The authorized share capital of Majestic It Services Limited is ₹ 17.50 Cr and paid-up capital is ₹ 16.98 Cr.

  • Who are the current board members & directors of Majestic It Services Limited?

    Currently 6 directors are associated with Majestic It Services Limited.

    • Mahesh Munjal
    • Anil Kumar Sharma
    • Rajeev Dhingra
    • Aayush Munjal
    • Ajay Kumar
    • Parul Chadha

  • What is the registered address of Majestic It Services Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Majestic It Services Limited is 10 Southern Avenue First Floor, Maharani Bagh India, New Delhi, 110065.

  • What is the corporate identification number (CIN) and company number of Majestic It Services Limited?

    The corporate identification number (CIN) of Majestic It Services Limited is U70109DL2009PLC196844 and the company number is 196844 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Majestic It Services Limited?

    The Official website of Majestic It Services Limited is https://www.majesticauto.in

  • What has been the recent revenue trend for Majestic It Services Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Majestic It Services Limited has fallen by -36.57%.

  • How many employees does Majestic It Services Limited currently have?

    As Per 2023 financial reports, 14 employees are currently employed by Majestic It Services Limited.

  • What change has been observed in the net worth of Majestic It Services Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Majestic It Services Limited has experienced an downturn of -1.06%.

  • When was the last Balance Sheet of Majestic It Services Limited filed with the ROC?

    The most recent Balance Sheet for Majestic It Services Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Application Development & Software Solutions