Majestic It Services Profile
Key Indicators
- Authorised Capital ₹ 17.50 Cr
- Paid Up Capital ₹ 16.98 Cr
- Company Age 15 Year, 1 Month
- 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 one month. 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
- 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
Who are the key members and board of directors at Majestic It Services?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mahesh Munjal  | Managing Director | 12-Dec-2009 | Current |
| Ajay Kumar | CFO | 05-Sep-2024 | Current |
| Parul Chadha | Company Secretary | 23-Mar-2024 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Aayush Munjal | Director | 24-Nov-2021 | Current |
| Anil Sharma | Director | 15-Sep-2021 | Current |
| Rajeev Dhingra | Director | 15-Sep-2021 | Current |
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%.
- Key Matrics
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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.
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Mahesh Munjal, Anil Sharma and 2 more are mutual person
Winsome Textile Industries LimitedAnil Sharma is a mutual person
Sunshine Analytics LlpMahesh Munjal and Aayush Munjal are mutual person
- Aayush Finance And Investments Pvt Ltd
Mahesh Munjal is a mutual person
Charges (Loans)
₹0
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Feb 2020 | Others | ₹7.02 Cr | Satisfied |
| 06 Jun 2016 | Hdfc Bank Limited | ₹10.00 Cr | Satisfied |
| 12 May 2016 | Canara Bank | ₹2.50 M | Satisfied |
| 10 Dec 2015 | Hdfc Bank Limited | ₹10.00 Cr | Satisfied |
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.
Deals i
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
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.
