Magic I.T. Solution - Company overview

Magic I.T. Solution (legal name: Magic I.T. Solution Private Limited) is an MCA-registered Indian company: a Private Limited Indian Non-Gove…

2010-01-11 Mumbai, Maharashtra Active Unlisted Active Compliant
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MI Magic I.T. Solution

Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹5–10 Cr
▼ -64.2%
FY 2022
PROFIT / LOSS
Loss · ₹1–5 Cr
▼ -37.4%
FY 2022
EBITDA
Loss · ₹10–50 Lakh
▲ 39.1%
FY 2022
NET WORTH
Loss · ₹10–50 Lakh
▼ -109.2%
FY 2022
TOTAL ASSETS
₹10–25 Cr
▲ 1.7%
FY 2022
OPEN CHARGES
2
-3.76 cr
PAID-UP CAPITAL
1.00 cr
AUTHORISED CAPITAL
1.00 cr
COMPANY AGE
16 Years 8 Months
since 2010-01-11
LAST FILING WITH ROC
2023-03-31
Last AGM: 2023-09-30
ACTIVE GST
1
Updated: 2024-12-13 05:07:00
TOTAL MONEY RAISED
₹1–5 Cr
SATISFIED CHARGES
3
11.41 cr

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Magic I.T. Solution covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Moderate
60/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (75), financial health (5), director (95) and company-foundation signals.
  • Operating for 16+ years.
Compliance Score Low risk
75/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Last balance sheet filed for Mar 2023 - filings look overdue.
Financial Health Score High risk
5/100
Profitability, leverage and liquidity from filed statements.
  • Loss-making in FY 2022.
  • Negative net worth - capital eroded by losses.
Director Risk Score Low risk
95/100
Board strength, DIN status and churn.
  • 2 directors on the board.
  • No disqualified or deactivated DINs on the current board.
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Magic I.T. Solution Company identity, industry, contact, and registration details from MCA and company records.

Magic I.T. Solution (legal name: Magic I.T. Solution Private Limited) is an MCA-registered Indian company: a Private Limited Indian Non-Government Company (CIN U72900MH2010PTC198727). Business overview includes Consumer Electronics & Durables (Electronic Appliances Retail & Distribution), incorporated on January 11, 2010 (16+ years old), based in Mumbai. The company is currently Active with Active Compliant compliance status. Public MCA filings list 2 current director record(s) on this profile.

Consumer Electronics & Durables ••••••••
  • Location B-26 Matru Chhaya S.N. Road Mulund (W), Mumbai, Maharashtra - 400080
  • Website magicgroup.co.in
Legal NameMagic I.T. Solution Private Limited
CIN / LLPINU72900MH2010PTC198727
Company No.198727
ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date2010-01-11
Date of AGM2023-09-30
Date of Balance Sheet2023-03-31
Listing StatusUnlisted
ROC CodeRoc Mumbai I
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Magic I.T. Solution (2) Current board members from MCA filings, including designation and appointment details.

V
Vinod Daulat Rupani
Director | Since 2010-01-11 | DIN: 02762247
R
Ropin Jaychand Nagda
Additional Director | Since 2021-06-14 | DIN: 00155562

Financial Performance of Magic I.T. Solution Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2022
Revenue ₹5–10 Cr ▼ -64.2%
P&L Loss · ₹1–5 Cr ▼ -37.4%
EBITDA Loss · ₹10–50 Lakh ▲ 39.1%
Net worth Loss · ₹10–50 Lakh ▼ -109.2%

Charges of Magic I.T. Solution Open and satisfied charges registered against the company with MCA.

Punjab And Maharashtra Co-Operative Bank Limited : 10.46 cr
Others : 7.65 cr
Punjab And Maharashtra Co-Op. Bank Ltd. : 95.00 Lakh
Open Charges: 2 Satisfied Charges: 3
Open -3.76 cr
Satisfied 11.41 cr
LenderAmountStatus
Others
Creation Date: 15 Nov 2021
 4.05 cr Open
Others
Creation Date: 26 Mar 2021
 3.60 cr Open
Punjab And Maharashtra Co-Operative Bank Limited
Creation Date: 26 Feb 2019
 45.71 Lakh Closed

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
TradeRetail Trading100

Financial Ratios of Magic I.T. Solution Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

8 years of ratios on record

Profitability, leverage and liquidity ratios require an active report plan.

Net profit margin Debt / Equity Current ratio ROE

Shareholding Pattern of Magic I.T. Solution Ownership and contribution detail from filings. Full breakdown unlocks with your report.

7 shareholder categories on record

Ownership mix and contribution history require an active report plan.

Ownership mix Category breakdown Year-wise pattern Promoter holding

GST Compliance of Magic I.T. Solution GST registrations and filing status by state. Full compliance detail unlocks with your report.

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

MSME Payment Delays by Magic I.T. Solution MSME supplier payment delays and filing history. Full amounts unlock with your report.

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

MCA Filings & Documents of Magic I.T. Solution Official MCA forms, returns, and filing index. Document access unlocks with your report.

Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.

Incorporation documents Annual returns and statements Charge filings Complete filing index
Frequently Asked Questions about Magic I.T. Solution Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
What is CIN of Magic I.T. Solution?
The Corporate Identification Number (CIN) for Magic I.T. Solution is U72900MH2010PTC198727. CIN is a distinct identification code allotted by the Registrar of Companies (ROC) under the Ministry of Corporate Affairs (MCA). The company registration number is 198727 as per MCA.
When was Magic I.T. Solution incorporated?
Magic I.T. Solution was incorporated 16 years 9 months ago on 11 Jan 2010.
Who are the current board members and directors of Magic I.T. Solution?
Magic I.T. Solution shows 2 current director record(s) in this profile. Open the People tab for names, DIN, and designations.
What is the registered address of Magic I.T. Solution?
Magic I.T. Solution is registered in Mumbai, Maharashtra as per MCA records. Full street address is available after unlock.
What is the official website of Magic I.T. Solution?
The official website of Magic I.T. Solution is https://magicgroup.co.in.
What is the ROC code of Magic I.T. Solution?
Magic I.T. Solution ROC code is Roc Mumbai I.
What is the company classification of Magic I.T. Solution?
Magic I.T. Solution is classified as Private Limited Indian Non-Government Company.
Magic I.T. Solution - is it listed or unlisted?
Magic I.T. Solution is a Unlisted company.
What is the current status of Magic I.T. Solution?
Magic I.T. Solution is currently Active and registered in Mumbai, Maharashtra, India.
What industry or business activity is Magic I.T. Solution associated with?
Magic I.T. Solution lists activity aligned with: Consumer Electronics & Durables - Electronic Appliances Retail & Distribution - Retail Trading. See the Overview and Competition sections for fuller industry context.
Does Magic I.T. Solution have GST registrations on file?
Magic I.T. Solution shows 1 active GST registration signal(s) in compliance overview data. Open the Compliance tab for GSTIN and filing context when your plan allows.
Where can I see charges and lenders for Magic I.T. Solution?
Use the Charges tab for MCA charge filings, charge holders, and open versus satisfied charges for Magic I.T. Solution.
Are there similar companies to Magic I.T. Solution?
This profile lists 10 similar or peer company record(s). Open the Competition tab for comparisons.
How do I contact Magic I.T. Solution?
Use the official website at https://magicgroup.co.in and the registered office address on this profile for corporate contact. Infyner does not publish personal customer-care numbers unless they appear in sourced company records.
What is the turnover or revenue of Magic I.T. Solution?
Turnover and revenue appear in filed financial statements when available. Open the Financial tab on this profile for revenue, profit or loss, balance sheet metrics, and related MCA filings - not headline estimates.
How can I get the financial details of Magic I.T. Solution?
You can view revenue, profit or loss, balance sheet metrics, and related filings on the Financial tab of this company profile.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.