- Category
- Micro (2022-23)
- Udyam number
- UDYAM-MH-18-0158608

About Magical Balloons Private Limited
Data last updated:
Magical Balloons Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 09 May 2022.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2022PTC382259.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mahesh Narayan Kshirsagar and Janki Mukesh Mistry.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. 323 /D – 44 Vishakha Chs Ltd Sector 3 Charkop Kandivali (West), Mumbai, Maharashtra, India – 400067.
As per the financials filed for FY 2024, the company reported a revenue of ₹36.3 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹3.16 Lakh (net margin 8.7%) and EBITDA of ₹3.25 Lakh (EBITDA margin 9%).
Magical Balloons Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0158608). For more details, the company can be reached via its website magicalballoons.in.
Company details
Recognitions & Rankings of Magical Balloons
Contact details
Magical Balloons Private Limited's registered office is in Mumbai, Maharashtra.
- Registered AddressPlot No. 323 /D – 44 Vishakha Chs Ltd Sector 3 Charkop Kandivali (West), Mumbai, Maharashtra, India – 400067
- IndustryInformation Technology, Application Development & Software Solutions
- 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 Magical Balloons is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Magical Balloons Private Limited, buy the company report.
Financials of Magical Balloons Private Limited
FY 2025 filings availableMagical Balloons Private Limited reported revenue of ₹36.3 Lakh (up 2992% YoY) for FY 2024.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 |
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| EBITDA | ₹3.25 Lakh | |
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| Net Profit (PAT) | ₹3.16 Lakh | |
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 9% | |
| Net Profit Margin | 8.7% | |
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To see the full financial statements and ratios of Magical Balloons Private Limited, buy the company report.
Board of directors of Magical Balloons Private Limited
Magical Balloons has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahesh Narayan Kshirsagar | Director | 09 May 2022 | 4 Years 5 Months | Current |
| Janki Mukesh Mistry | Director | 09 May 2022 | 4 Years 5 Months | Current |
Peer comparison
Magical Balloons Private Limited is compared with the 6 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Crunchersoft Technologies Private Limited | ₹36.33 Lakh (FY 2021) | -12.0% | Pune, Maharashtra, India | |||
| NCR Technosolutions Private Limited | ₹36.33 Lakh (FY 2021) | 251.0% | Bangalore, Karnataka, India | |||
| Magical Balloons Private Limitedthis company | ₹36.3 Lakh (FY 2024) | ₹3.16 Lakh | 8.7% | 2992.0% | Mumbai, Maharashtra, India | |
| Astute Business Solutions Private Limited | ₹36.29 Lakh (FY 2024) | -37.0% | Hyderabad, Telangana, India | |||
| Techspot Consulting Private Limited | ₹36.28 Lakh (FY 2024) | Khammam, Telangana, India | ||||
| Codiotic Technologies Private Limited | ₹36.28 Lakh (FY 2025) | -5.0% | Indore, Madhya Pradesh, India | |||
| Techginko Software Solutions Private Limited | ₹36.28 Lakh (FY 2022) | Chennai, Tamil Nadu, India |
To see the full peer comparison of Magical Balloons Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Magical Balloons 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 Magical Balloons 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 Magical Balloons Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Magical Balloons Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Janki Mukesh Mistry was appointed as Director on 09 May 2022.
Frequently asked questions
Magical Balloons is an active private limited company based in Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 09 May 2022 (4+ years old) and is registered under CIN U72900MH2022PTC382259.
Magical Balloons has 2 current directors:
- Mahesh Narayan Kshirsagar - Director
- Janki Mukesh Mistry - Director
The latest financial statements of Magical Balloons on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2023 are in the company report.
The CIN (Corporate Identification Number) of Magical Balloons is U72900MH2022PTC382259. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magical Balloons was incorporated on 09 May 2022, making it 4+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Magical Balloons by revenue are Crunchersoft Technologies Private Limited, NCR Technosolutions Private Limited, Astute Business Solutions Private Limited, Techspot Consulting Private Limited, Codiotic Technologies Private Limited and 1 more, all in the same principal business activity (computer programming, consultancy and related activities).
Janki Mukesh Mistry was appointed as Director on 09 May 2022. Mahesh Narayan Kshirsagar was appointed as Director on 09 May 2022.
Yes, Magical Balloons is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0158608).
Magical Balloons can be reached through the website magicalballoons.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Magical Balloons is at Plot No. 323 D – 44 Vishakha Chs Ltd Sector 3 Charkop Kandivali West, Mumbai, Maharashtra, India – 400067.
Magical Balloons operates in the information technology industry, in the application development and software solutions segment.

