Magic I.T. Solution Private Limited - Due diligence report

A 360° intelligence report on Magic I.T. Solution: trust score, financial health, credit view, compliance, directors, growth and distress si…

2010-01-11 Mumbai, Maharashtra Active Unlisted Active Compliant
Share
MI Magic I.T. Solution Private Limited
Full Due-Diligence Report + Documents
  • Unlock all financial figures & 5-year trends
  • Full trust, health & credit-risk scores
  • Director details, charges & MCA documents
₹700 ₹449 Save ₹251 excl. GST
Or from ₹279/report with credits View credit packages
Company Credits – Starter
  • One credit unlocks this full due-diligence report
  • Use across any company’s report, anytime
  • Credits valid for 12 months
× ₹700 ₹279 = ₹2,790 60% off
Choose your own credit amount View credit packages

Magic I.T. Solution — 360° Intelligence Report

Generated from MCA filings & public records
54/100
Trust Score
Moderate

Magic I.T. Solution is assessed as Moderate with a Trust Score of 54/100. Magic I.T. Solution is an active private limited indian non-government company incorporated in 2010, operating in the Consumer Electronics & Durables sector. Reported revenue has declined 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 moderate compliance risk and high financial risk profile.

Report generated on 17 Jul 2026 from the latest processed filings. Magic I.T. Solution Private Limited snapshot & full profile →

Financial Health › Caution
Overall Assessment CautionWeakNeutralGoodStrong Neutral
Compliance › Good

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 & explainable
Trust ScoreModerate
54/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreModerate
65/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
5/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
40/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreCaution Indicated
40/100
Revenue, profit, asset and hiring momentum.
Distress ScoreCaution Indicated
30/100
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 access

Scores 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: 40/100 Caution Indicated
  • Negative operating earnings - debt service depends on external support.

Charges position: 2 open (7.65 cr) · 3 satisfied (11.41 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Punjab And Maharashtra Co-Operative Bank Limited2 48.0 cr
Others2 48.0 cr
Punjab And Maharashtra Co-Op. Bank Ltd.1 48.0 cr
Compliance Score: 65/100 Moderate
  • Company status is Active as per MCA.
  • Last balance sheet is for Mar 2023 - filings overdue.
  • 5 auditor resignation(s) filed - latest: U B G & Company on 2021-11-01.
  • 1 active GST registration(s).
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
VINOD DAULAT RUPANI 01234567 Director 01/04/2018 6 yrs Approved
ROPIN JAYCHAND NAGDA 01234567 Director 01/04/2018 6 yrs Approved
  • 2 directors on the board.
  • No disqualified or deactivated DINs.
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2022)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2022 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
3 allotment(s) · 0 transfer(s)

Promoters hold a minority stake - exact percentages are part of the full report.

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 40 · Distress 30
Growth signals & trust indicators
Operating for 16+ years.
Active GST registration(s).
Distress signals & risk flags
Revenue declined year-on-year.
Losses deepening year-on-year.
Negative net worth.
Statutory filings appear overdue.
2 open charge(s) registered - assets are encumbered.
5 auditor resignation(s) on record - review the stated reasons.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence51/100
Review suggested
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 4 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment36/100
Enhanced diligence advised
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 2 open charge(s) of 7.65 cr already registered.
  • Compliance gaps should be priced into terms.
Investor view31/100
Limited indicators at present
Growth quality and scalability through an investor lens.
  • No clear growth signals in the filed years.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
30 Sep 2023
Last AGM held
Annual general meeting
31 Mar 2023
Latest balance sheet
Filed with ROC
15 Nov 2021
Charge created
Others - 4.05 cr
14 Jun 2021
Director appointed
ROPIN JAYCHAND NAGDA (Additional Director)
Director ceased
HEENA VINOD RUPANI
02 Jun 2021
Charge satisfied
Punjab And Maharashtra Co-Operative Bank Limited
Charge satisfied
Punjab And Maharashtra Co-Op. Bank Ltd.
31 Mar 2021
Charge satisfied
Punjab And Maharashtra Co-Operative Bank Limited
26 Mar 2021
Charge created
Others - 3.60 cr
26 Feb 2019
Charge created
Punjab And Maharashtra Co-Operative Bank Limited - 45.71 Lakh
03 Nov 2015
Director ceased
RAJESH DAULAT RUPANI
15 Oct 2015
Director ceased
DAULAT REVACHAND RUPANI
21 Jan 2015
Director ceased
SUNIL BANSILAL JAISINGH
20 Jun 2014
Securities allotted
700000.00 Equity Shares - 70.00 Lakh raised
13 Apr 2014
Securities allotted
29000.00 Equity Shares - 2.90 Lakh raised
10

Key Observations

Auto-generated from the data above
Revenue declined 38% over the last 4 financial year(s).
Net profit margin moved from 1.42 to 2.1x.
2 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
Promoters hold a minority 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 3 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Ashrae Clean Room Presentations Private Limited U29197TG1990PTC011042 Hyderabad, Telangana, India
Niket Udyog Ltd. U23203WB1988PLC237119 Kolkata, West Bengal, India
Hridhan Chem Private Limited U24304GJ2018PTC102075 Umargam, Gujarat, India
Milk Pot U74999TN2016PTC112223 Chennai, Tamil Nadu, India
Vrv Energies India Private Limited U29308TZ2013PTC019736 Combatore, Tamil Nadu, India
Surmanja Infotech U72200RJ2011PTC034112 Jaipur, Rajasthan, India
Machinetron Automation Private Limited U74210TN2004PTC052730 Chennai, Tamil Nadu, India
Kastner Trading Private Limited U74900DL2016PTC291861 Delhi, Delhi, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Magic I.T. Solution before audits and certifications: compliance score 65/100, 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 I.T. Solution: 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 40/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Limited indicators at present. Growth score 40/100, margin trends, ownership structure and peer set for Magic I.T. Solution - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Review suggested. Trust score 54/100, distress signals and MSME payment-delay disclosures - know whether Magic I.T. Solution pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (no cases on record), regulatory flags, charge documents trail and director networks for Magic I.T. Solution - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Magic I.T. Solution an active company?

Magic I.T. Solution has MCA status “Active” with a compliance score of 65/100 (Moderate).

Is Magic I.T. Solution financially healthy?

Magic I.T. Solution has a Financial Health Score of 5/100 (Caution Indicated) based on its filed financial statements.

Should I do business with Magic I.T. Solution?

Its overall Trust Score is 54/100 (Moderate). Vendor verdict: Review suggested. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Magic I.T. Solution?

Promoters hold a minority stake - exact percentages are in the full report. 2 active director(s) are on record.

Does Magic I.T. Solution have loans or charges against its assets?

2 open charge(s) are registered against its assets, and 3 earlier charge(s) stand satisfied.

Is Magic I.T. Solution up to date with its ROC filings?

Last balance sheet is for Mar 2023 - filings overdue. Overall compliance score: 65/100 (Moderate).

Is it risky to lend to Magic I.T. Solution?

Its Credit Risk Score is 40/100 (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.