Algo Magic Private Limited
About Algo Magic Private Limited
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Algo Magic Private Limited is a private limited company based in Nashik, Maharashtra, India. It operates in the bank intermediatories segment of the financial services sector. It was incorporated on 18 June 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65100MH2021PTC362391.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Mayuree Sagar Agrawal and Sunil Murlidhar Unawane.
Its last annual general meeting (AGM) was held on 30 December 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Plo.No. 678/2 Goshiba Co Ns. Adwait Colony Flat No4, Nashik, Maharashtra, India – 422001.
As per the financials filed for FY 2022, the company reported a revenue of ₹37.67 Lakh. For the same year it recorded a net profit of ₹12.76 Lakh (net margin 33.9%) and EBITDA of ₹17.05 Lakh (EBITDA margin 45.3%).
Company details
CIN history
Algo Magic has one previous CIN (Corporate Identification Number): U74140MH2021PTC362391. The current CIN is U65100MH2021PTC362391, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65100MH2021PTC362391 | Current |
| U74140MH2021PTC362391 | Previous |
Contact details
Algo Magic Private Limited's registered office is in Nashik, Maharashtra.
- Registered AddressPlo.No. 678/2 Goshiba Co Ns. Adwait Colony Flat No4, Nashik, Maharashtra, India – 422001
- IndustryFinancial Services, Bank Intermediatories
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Algo Magic is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Algo Magic Private Limited, buy the company report.
Financials of Algo Magic Private Limited
FY 2022 filings availableAlgo Magic Private Limited reported revenue of ₹37.67 Lakh for FY 2022.
Financial Statement Summary
| Metrics | FY 2021-22 |
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| Total Expenses | |
| EBITDA | ₹17.05 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹12.76 Lakh |
| Balance Sheet | |
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| Reserves and Surplus | |
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Financial Ratios
| Metrics | FY 2021-22 |
|---|---|
| Profitability | |
| EBITDA Margin | 45.3% |
| Net Profit Margin | 33.9% |
| Return on Equity (ROE) | |
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To see the full financial statements and ratios of Algo Magic Private Limited, buy the company report.
Board of directors of Algo Magic Private Limited
Algo Magic has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mayuree Sagar Agrawal | Director | 09 Sep 2023 | 3 Years 1 Months | Current |
| Sunil Murlidhar Unawane Also directs: Tirulaxmi Flourcraft Private Limited, Agro Magic India Private Limited, Nimiety Enterprises Private Limited and 2 more | Director | 09 Sep 2023 | 3 Years 1 Months | Current |
Peer comparison
Algo Magic Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (financial advisory, brokerage and consultancy services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Treyst Advisors Private Limited | ₹37.94 Lakh (FY 2024) | 82.0% | Mumbai, Maharashtra, India | |||
| Bhadana Finance Limited | ₹37.85 Lakh (FY 2025) | 134.0% | Faridabad, Haryana, India | |||
| Phundo Fintech India Private Limited | ₹37.79 Lakh (FY 2025) | 81.0% | Bangalore, Karnataka, India | |||
| Bricks N Rates Housinggurus Private Limited | ₹37.7 Lakh (FY 2025) | 11.0% | Ahmedabad, Gujarat, India | |||
| Apk Fintech Private Limited | ₹37.7 Lakh (FY 2025) | 24.0% | Jaipur, Rajasthan, India | |||
| Algo Magic Private Limitedthis company | ₹37.67 Lakh (FY 2022) | ₹12.76 Lakh | 33.9% | Nashik, Maharashtra, India | ||
| Skylink MF Services Private Limited | ₹37.65 Lakh (FY 2025) | 105.0% | Jaipur, Rajasthan, India | |||
| R.L.B. Business Solutions Private Limited | ₹37.65 Lakh (FY 2025) | -46.0% | Delhi, India | |||
| Aparna Shares and Stockbrokers Private Limited | ₹37.61 Lakh (FY 2016) | 69.0% | Mumbai, Maharashtra, India | |||
| Zevit Commotrade Pvt Ltd | ₹37.55 Lakh (FY 2024) | 26.0% | Kolkata, West Bengal, India | |||
| Neo Trusteeship Services Private Limited | ₹37.53 Lakh (FY 2025) | 2139.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Algo Magic Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Algo Magic Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Algo Magic Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Algo Magic Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Algo Magic Private Limited has 6 board changes on record since 2021: 2 appointments and 4 cessations. The latest: Aalap Arun Deshpande ceased to be Director on 20 Oct 2023.
Frequently asked questions
Algo Magic is an active private limited company based in Nashik, Maharashtra, India. The company works in bank intermediatories, within the financial services industry. It was incorporated on 18 June 2021 (5+ years old) and is registered under CIN U65100MH2021PTC362391.
Algo Magic has 2 current directors:
- Mayuree Sagar Agrawal - Director
- Sunil Murlidhar Unawane - Director
The latest financial statements of Algo Magic on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 December 2022. Year-wise statements from FY 2022 are in the company report.
The CIN (Corporate Identification Number) of Algo Magic is U65100MH2021PTC362391. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Algo Magic was incorporated on 18 June 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Algo Magic by revenue are Treyst Advisors Private Limited, Bhadana Finance Limited, Phundo Fintech India Private Limited, Bricks N Rates Housinggurus Private Limited, Apk Fintech Private Limited and 5 more, all in the same principal business activity (financial advisory, brokerage and consultancy services).
Aalap Arun Deshpande ceased to be Director on 20 Oct 2023. Mayuree Sagar Agrawal was appointed as Director on 09 Sep 2023. Sunil Murlidhar Unawane was appointed as Director on 09 Sep 2023. Algo Magic has 6 board changes on record in total.
The registered office of Algo Magic is at Plo.No. 6782 Goshiba Co Ns. Adwait Colony Flat No4, Nashik, Maharashtra, India – 422001.
Algo Magic operates in the financial services industry, in the bank intermediatories segment.
Algo Magic can be reached at its registered office: Plo.No. 6782 Goshiba Co Ns. Adwait Colony Flat No4, Nashik, Maharashtra, India – 422001.
Algo Magic is registered under the jurisdiction of the Registrar of Companies (ROC), Mumbai.