Magic Life Platform Private Limited

Magic Life Platform Private Limited - trading in Chandigarh, India. FY 2026 financials & compliance.
CIN U51909CH2016PTC041121 Incorporated 05 July 2016 ROC Chandigarh HQ Chandigarh, India
Active Private Limited Company trading
Data last updated
Revenue · FY 2021
₹1.39 Lakh
▼ 88% YoY
Net profit · FY 2021
₹1,597
Net margin 1.2%
EBITDA · FY 2021
₹32,127
EBITDA margin 23.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Magic Life Platform Private Limited

Data last updated:

Magic Life Platform Private Limited is a private limited company based in Chandigarh, India. It operates in the retail trade segment of the trading and commerce sector. It was incorporated on 05 July 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U51909CH2016PTC041121. Its GSTIN is 04AAKCM4166G1ZH (Chandigarh).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Bindu Sharma and Sat Pal.

Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at SCO – 86 Top Floor Sector 38 – C, Chandigarh, India – 160036.

As per the financials filed for FY 2021, the company reported a revenue of ₹1.39 Lakh, a decline of 88% compared to the previous year. For the same year it recorded a net profit of ₹1,597 (net margin 1.2%) and EBITDA of ₹32,127 (EBITDA margin 23.1%). Revenue has declined at a compounded annual rate (CAGR) of 65% over three years.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U51909CH2016PTC041121
Registration Number 041121
Incorporation Date 05 July 2016
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant

Contact details

Magic Life Platform Private Limited's registered office is in Chandigarh, Chandigarh. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    SCO – 86 Top Floor Sector 38 – C, Chandigarh, India – 160036
  • Industry
    Trading, Retailers, Retail Trading

To see the full contact details of Magic Life Platform Private Limited, buy the company report.

Comprehensive company report
Magic Life Platform Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Magic Life Platform is trade. In detail, this covers retail trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG2Retail Trading

To see the full business activity and turnover split of Magic Life Platform Private Limited, buy the company report.

Financials of Magic Life Platform Private Limited

FY 2021 filings available

Magic Life Platform Private Limited reported revenue of ₹1.39 Lakh (down 88% YoY) for FY 2021.

Revenue · FY 2021
₹1.39 Lakh ▼ 88%
Net profit · FY 2021
₹1,597 margin 1.2%
EBITDA · FY 2021
₹32,127 margin 23.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 88%
3 years · compounded
▼ 65%
EBITDA CAGR growth
1 year
▼ 95%
3 years · compounded
▲ 29%

Revenue has declined at a compounded annual rate (CAGR) of 65% over three years, including a 88% fall in the latest year. EBITDA fell 95% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹32,127
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1,597
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profitability
EBITDA Margin23.1%
Net Profit Margin1.2%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Magic Life Platform Private Limited, buy the company report.

Board of directors of Magic Life Platform Private Limited

Magic Life Platform has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Bindu SharmaDirector21 Mar 20188 Years 7 MonthsCurrent
Sat PalDirector05 Jul 201610 Years 3 MonthsCurrent

Peer comparison

Magic Life Platform Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (retail trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Omsharan Interior Decorators Private Limited₹1.39 Lakh (FY 2016)-45.0%Lucknow, Uttar Pradesh, India
Cadence Kamon Private Limited₹1.39 Lakh (FY 2025)-91.0%Karnal, Haryana, India
Cee99 Bazar Private Limited₹1.39 Lakh (FY 2023)-95.0%New Delhi, Delhi, India
Goup Multitrade Private Limited₹1.39 Lakh (FY 2024)Jaipur, Rajasthan, India
Reprocom Services Private Limited₹1.39 Lakh (FY 2022)-47.0%Kolkata, West Bengal, India
Magic Life Platform Private Limitedthis company₹1.39 Lakh (FY 2021)₹1,5971.2%-88.0%Chandigarh, India
Herbal-Agro Forestry Private Limited₹1.39 Lakh (FY 2023)5.0%Gondia, Maharashtra, India
Hey Tomorrow Trading Private Limited₹1.39 Lakh (FY 2024)-97.0%Hyderabad, Telangana, India
RVN Cyclone Industries Private Limited₹1.39 Lakh (FY 2024)11.0%Noida, Uttar Pradesh, India
24Kfood Technologies Private Limited₹1.39 Lakh (FY 2024)-26.0%Delhi, India
Portland General Trading Private Limited₹1.39 Lakh (FY 2023)-21.0%Tuticorin, Tamil Nadu, India

To see the full peer comparison of Magic Life Platform Private Limited, buy the company report.

Auditor

Magic Life Platform Private Limited is audited by KAMB & ASSOCIATES for the financial year 2017.

Auditor firmFinancial yearFirm registration number
KAMB & ASSOCIATESFY 2017029623N

Shareholding

The shareholding of Magic Life Platform Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2017
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Magic Life Platform Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Magic Life Platform Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Magic Life Platform has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
04AAKCM4166G1ZHChandigarhActive27 Jul 2017

To see the full GST registrations and return filing status of Magic Life Platform Private Limited, buy the company report.

Recent activity

Magic Life Platform Private Limited has 5 board changes on record since 2016: 2 appointments and 3 cessations. The latest: Bindu Sharma ceased to be Additional Director on 29 Sep 2018.

AGM
Magic Life Platform Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Filing
Magic Life Platform Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Chandigarh.
Ceased
Bindu Sharma ceased to be Additional Director.
Appointed
Bindu Sharma was appointed as Director.
Ceased
Shashi Khanna ceased to be Director.
Ceased
Vaishali ceased to be Director.
Appointed
Sat Pal was appointed as Director.
Incorporation
05 Jul 2016
Magic Life Platform Private Limited was registered on 05 Jul 2016 with Roc Chandigarh & aged 10 years 3 months as per MCA records.

Frequently asked questions

Magic Life Platform is an active private limited company based in Chandigarh, India. The company works in retailers, within the trading industry. It was incorporated on 05 July 2016 (10+ years old) and is registered under CIN U51909CH2016PTC041121.

Magic Life Platform has 2 current directors:

The latest financial statements of Magic Life Platform on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2017 are in the company report.

The GSTIN of Magic Life Platform is 04AAKCM4166G1ZH, registered in Chandigarh.

The CIN (Corporate Identification Number) of Magic Life Platform is U51909CH2016PTC041121. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Magic Life Platform was incorporated on 05 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Chandigarh.

The peers of Magic Life Platform by revenue are Omsharan Interior Decorators Private Limited, Cadence Kamon Private Limited, Cee99 Bazar Private Limited, Goup Multitrade Private Limited, Reprocom Services Private Limited and 5 more, all in the same principal business activity (retail trading).

Bindu Sharma ceased to be Additional Director on 29 Sep 2018. Bindu Sharma was appointed as Director on 21 Mar 2018. Shashi Khanna ceased to be Director on 21 Mar 2018. Magic Life Platform has 5 board changes on record in total.

The registered office of Magic Life Platform is at SCO – 86 Top Floor Sector 38 – C, Chandigarh, India – 160036.

Magic Life Platform operates in the trading industry, in the retailers segment.

The compliance status of Magic Life Platform is compliant as of 11 August 2026. The company is actively filing with the Registrar of Companies.