Promoter holding
64.27%
ME
Magic Eye Developers Private Limited - Due diligence report
A 360° intelligence report on Magic Eye Developers Private Limited: trust score, financial health, credit view, compliance, directors, growt…
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Magic Eye Developers Private Limited — 360° Intelligence Report
Generated from MCA filings & public records51/100
Trust Score
Moderate
Magic Eye Developers Private Limited is assessed as Moderate with a Trust Score of 51/100. Magic Eye Developers Private Limited is an active private limited indian non-government company incorporated in 2007, operating in the Real Estate and Construction sector. The company has shown revenue growth across its recent filed years. It reported a loss in its latest filed year. Based on MCA filings and public records, it currently shows a high compliance risk and high financial risk profile.
Report generated on 05 Jul 2026 from the latest processed filings. Magic Eye Developers Private Limited snapshot & full profile →
Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.
02
Score Card
Higher is safer · rule-based & explainableTrust ScoreModerate
51/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
47/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
10/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
45/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
85/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
70/100
Revenue, profit, asset and hiring momentum.
Distress ScoreCaution Indicated
45/100
Early-warning signals - higher means fewer warnings.
03
Financial Intelligence Dashboard
Standalone · 5 filed year(s)Unlock the full 5-year financial dashboard with charts and year-wise figures.
Get full accessScores and observations on this page are already computed from the real filings - only the underlying figures are locked.
04
Credit & Compliance Intelligence
Why the scores are what they are
Credit Risk Score: 45/100 Caution Indicated
- Negative operating earnings - debt service depends on external support.
- Working-capital cover adequate.
Charges position: 3 open (135.00 cr) · 3 satisfied (140.00 cr).
Banking relationships (from registered charges)
| Lender | Charges | Amount |
|---|---|---|
| Others | 3 | 48.0 cr |
| Idbi Trusteeship Services Limited | 2 | 48.0 cr |
| Standard Chartered Bank | 1 | 48.0 cr |
Compliance Score: 47/100 Caution Indicated
- Company status is Active as per MCA.
- Last balance sheet is for Mar 2023 - filings overdue.
- Litigation present in 4 court forum(s).
- Delayed payments to MSME suppliers disclosed (10 disclosure(s)).
- 2 active GST registration(s).
Legal cases on record (4)
05
Director Intelligence
Stability score: 85/100| Name | DIN / PAN | Designation | Appointed | Tenure | DIN status |
|---|---|---|---|---|---|
| VIKAS VERMA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| PRIYANKA RAMOLA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| BHAVARPAL KASYAP | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Pradeep Ahuja | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
- 4 directors on the board.
- No disqualified or deactivated DINs.
- 1 director exit(s) in the last 3 years.
Director & KMP remuneration (FY 2022)
| Name | Designation | Total remuneration |
|---|---|---|
| A K Sharma | Managing Director | 2.4 cr |
| R Mehta | Whole-time Director | 1.6 cr |
| S Iyer | CFO | 95.0 L |
Remuneration is disclosed in the latest annual return. Unlock full report
06
Ownership & Group Intelligence
As per FY 2022 annual returnPublic / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
Wtc Noida Development Company Private Limited
Subsidiaries
-
Group entities
-
Capital events
7 allotment(s) · 2 transfer(s)
Promoters hold a dominant controlling stake - exact percentages are part of the full report.
| Group entity | Relationship | % held |
|---|---|---|
| Wtc Noida Development Company Private Limited | Holding Company | 74.00% |
Full shareholding pattern, group structure & capital events →
07
Risk Intelligence Center
Growth 70 · Distress 45
Growth signals & trust indicators
Revenue acceleration: +38% over 4 year(s).
Operating for 19+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Revenue declined year-on-year.
Negative net worth.
Statutory filings appear overdue.
Compliance score is weak (47/100).
3 open charge(s) registered - assets are encumbered.
MSME payment delays disclosed - latest outstanding 85.47 Lakh.
4 court case(s) on record - see the legal section for details.
08
Stakeholder Verdicts
Vendor · Banker · InvestorVendor due diligence48/100
Review suggested
Suitability as a supplier / customer counterparty.
- Check the compliance flags before onboarding.
- 3 distress signal(s) - see Risk Center.
- Financial filings available for verification.
Banker assessment35/100
Enhanced diligence advised
Indicative lending comfort for banks, NBFCs and trade credit.
- Debt capacity assessed from filed statements.
- 3 open charge(s) of 135.00 cr already registered.
- Compliance gaps should be priced into terms.
Investor view44/100
Limited indicators at present
Growth quality and scalability through an investor lens.
- 1 growth signal(s) detected.
- Margin and return trends computable from filings.
- Management team looks stable.
09
MCA Filings & Events Timeline
Latest 15 events27 Dec 2024
Director appointed
Pradeep Ahuja (Additional Director)
30 Sep 2023
Last AGM held
Annual general meeting
29 Sep 2023
Director ceased
BHAVARPAL KASYAP
04 Jul 2023
Director ceased
RAJ KISHOR SINGH
20 May 2023
Director appointed
BHAVARPAL KASYAP (Director)
31 Mar 2023
Latest balance sheet
Filed with ROC
21 Mar 2022
Charge created
Others - 75.00 cr
30 Dec 2021
Charge created
Others - 10.00 cr
31 Dec 2020
Director ceased
VIKAS VERMA
Director ceased
ASHISH KUMAR
Director ceased
JASPREET SINGH
19 Nov 2020
Director ceased
ANUJ KUMAR GARG
28 Oct 2020
Director appointed
VIKAS VERMA (Director)
11 Mar 2020
Securities allotted
8000000 Equity Shares - 8.00 cr raised
04 Feb 2019
Securities allotted
650 Debentures - 6.50 cr raised
10
Key Observations
Auto-generated from the data aboveRevenue grew 1.42 over the last 4 financial year(s).
Net profit margin moved from 2.1x to 24%.
4 active director(s) / partner(s); board looks stable and experienced.
2 active GST registration(s) indicate ongoing business operations.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2022 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 7 security allotment(s) - amounts available in the full report.
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| Chellaram Mills Private Limited | U17124MH1973PTC424734 | Mumbai, Maharashtra, India |
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| Celstream Systems Private Limited | U31101KA1991PTC012017 | Bangalore, Karnataka, India |
| Sarita Nupur Vyapar Private Limited | U51909WB2004PTC100218 | Kolkata, West Bengal, India |
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| A P Credit Pvt Ltd | U65993WB1993PTC060229 | Kolkata, West Bengal, India |
| Alakhram Infrastructure Private Limited | U74999UP2018PTC101218 | Jhansi, Uttar Pradesh, India |
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12
Who Uses This Report
CA · CS · Banker · Investor · VendorChartered Accountants (CA)
Verify Magic Eye Developers Private Limited before audits and certifications: compliance score 47/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.
Company Secretaries (CS)
Track statutory health of Magic Eye Developers Private Limited: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.
Bankers & NBFCs
Current banker verdict: Enhanced diligence advised. Credit risk score 45/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.
Investors & Analysts
Investor view: Limited indicators at present. Growth score 70/100, margin trends, ownership structure and peer set for Magic Eye Developers Private Limited - screening before a deeper diligence.
Vendors & Procurement Teams
Vendor verdict: Review suggested. Trust score 51/100, distress signals and MSME payment-delay disclosures - know whether Magic Eye Developers Private Limited pays its suppliers before you extend credit terms.
Lawyers & Compliance Teams
Litigation footprint (4 case(s) on record), regulatory flags, charge documents trail and director networks for Magic Eye Developers Private Limited - groundwork for KYC, onboarding and disputes.
13
Frequently Asked Questions
Is Magic Eye Developers Private Limited an active company?
Magic Eye Developers Private Limited has MCA status “Active” with a compliance score of 47/100 (Caution Indicated).
Is Magic Eye Developers Private Limited financially healthy?
Magic Eye Developers Private Limited has a Financial Health Score of 10/100 (Caution Indicated) based on its filed financial statements.
Should I do business with Magic Eye Developers Private Limited?
Its overall Trust Score is 51/100 (Moderate). Vendor verdict: Review suggested. Review the risk flags in the Risk Intelligence Center before deciding.
Who controls Magic Eye Developers Private Limited?
The ultimate holding entity is Wtc Noida Development Company Private Limited. 4 active director(s) are on record.
Does Magic Eye Developers Private Limited have loans or charges against its assets?
3 open charge(s) are registered against its assets, and 3 earlier charge(s) stand satisfied.
Is Magic Eye Developers Private Limited up to date with its ROC filings?
Last balance sheet is for Mar 2023 - filings overdue. Overall compliance score: 47/100 (Caution Indicated).
Is it risky to lend to Magic Eye Developers Private Limited?
Its Credit Risk Score is 45/100 (Caution Indicated). Banker verdict: Enhanced diligence advised.
Disclaimer: This report is generated automatically from MCA filings and public records as available
in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the
underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are
not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice.
Verify from official sources and consult a qualified professional before any business, lending or investment decision.
If you represent this company and believe any information is inaccurate or outdated,
report it here and we will review promptly.
