Majik Medical Solutions Profile
Key Indicators
- Authorised Capital ₹ 4.95 Cr
- Paid Up Capital ₹ 4.95 Cr
- Company Age 12 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 18.50 Cr
- Revenue Growth 10.85%
- Profit Growth -15.07%
- Ebitda -17.58%
- Net Worth 21.42%
- Total Assets 26.38%
About Majik Medical Solutions
Majik Medical Solutions Private Limited (MMSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 November 2012 and has a history of 12 years and two months. Its registered office is in Hyderabad, Telangana, India.
The Company is engaged in the Healthcare 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 4.95 Cr and a paid-up capital of Rs 4.95 Cr.
The company currently has active open charges totaling ₹18.50 Cr.
George Stephen, Bradley Beach, Rajesh Kalavalapally, and Two other members serve as directors at the Company.
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U33111TG2012PTC084445
- Company No.
084445
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
27 Nov 2012
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
What products or services does Majik Medical Solutions Private Limited offer?
Majik Medical Solutions Private Limited offers a wide range of products and services, including Catheter, Metal and Alloy Wires, Metal Wire, Forceps & Graspers, Surgical Accessories, Cardiac Surgery Equipment, Scalpels, Needles & Scissors, Urological & Obstetrics Instruments, Urinary Catheter, Infusion Syringes & Supplies.
Who are the key members and board of directors at Majik Medical Solutions?
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
George Stephen  | Director | 22-Feb-2014 | Current |
Rajesh Kalavalapally  | Director | 27-Nov-2012 | Current |
Bradley Beach  | Director | 22-Feb-2014 | Current |
| Janet Walsh | Director | 22-Feb-2014 | Current |
| Manjula Kalavalapalli | Director | 01-Mar-2017 | Current |
Financial Performance of Majik Medical Solutions.
Majik Medical Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 10.85% increase. The company also saw a substantial fall in profitability, with a 15.07% decrease in profit. The company's net worth Soared by an impressive increase of 21.42%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Majik Medical Solutions?
In 2023, Majik Medical 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)
Grk Medical Devices Private LimitedRajesh Kalavalapally and Manjula Kalavalapalli are mutual person
Charges (Loans)
₹18.50 Cr
₹0
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 18.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Sep 2022 | Axis Bank Limited | ₹18.50 Cr | Open |
How Many Employees Work at Majik Medical Solutions?
Majik Medical Solutions has a workforce of 263 employees as of Mar 31, 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 Majik Medical 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 Majik Medical 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.
