About Magical Spiders Info Solutions Private Limited
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Magical Spiders Info Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 03 December 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2014PTC153532. Its GSTIN is 29AAFCK7153G1ZB (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Konda Reddy Fin Services Private Limited. It is led by directors Raghavendra Tangella (Managing Director) and Mallikarjuna Reddy Kannemadugu.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹3 Lakh, a decline of 96% compared to the previous year. For the same year it recorded a net profit of ₹1,300 (net margin 0.4%) and EBITDA of ₹1.57 Lakh (EBITDA margin 52.4%). Revenue has declined at a compounded annual rate (CAGR) of 53% over three years.
The company has about 27 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Magical Spiders.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website magicalspiders.in.
Company details
CIN history
Magical Spiders Info Solutions has one previous CIN (Corporate Identification Number): U72200TG2014PTC096657. The current CIN is U72200KA2014PTC153532, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200KA2014PTC153532 | Current |
| U72200TG2014PTC096657 | Previous |
Contact details
Magical Spiders Info Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is magicalspiders.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address#69/63 Sai Srinivasam Ground Floor 3rd Cross Tulasi Theatre Lane Marathah, Alli, Bangalore, Karnataka, India – 560037
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Magical Spiders Info Solutions Private Limited, buy the company report.
- 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
Brands
Magical Spiders Info Solutions operates one associated brand: Magical Spiders. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers a full suite of IT services to enhance and streamline daily business operations. | magicalspiders.in |
Business activity
The main business activity of Magical Spiders Info Solutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Magical Spiders Info Solutions Private Limited, buy the company report.
Financials of Magical Spiders Info Solutions Private Limited
FY 2025 filings availableMagical Spiders Info Solutions Private Limited reported revenue of ₹3 Lakh (down 96% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 53% over three years, including a 96% fall in the latest year. EBITDA fell 39% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.57 Lakh | ||||
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| Net Profit (PAT) | ₹1,300 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 52.4% | ||||
| Net Profit Margin | 0.4% | ||||
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To see the full financial statements and ratios of Magical Spiders Info Solutions Private Limited, buy the company report.
Board of directors of Magical Spiders Info Solutions Private Limited
Magical Spiders Info Solutions has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raghavendra Tangella | Managing Director | 17 Apr 2020 | 6 Years 6 Months | Current |
| Mallikarjuna Reddy Kannemadugu Also directs: Sivas Soft Solutions Private Limited | Director | 08 Aug 2016 | 10 Years 2 Months | Current |
Peer comparison
Magical Spiders Info Solutions Private Limited is compared with the 6 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Magical Spiders Info Solutions Private Limitedthis company | ₹3 Lakh (FY 2025) | ₹1,300 | 0.4% | -96.0% | 27 | Bangalore, Karnataka, India |
| SCS Techsol India Private Limited | ₹3 Lakh (FY 2024) | 20.0% | Bangalore, Karnataka, India | |||
| Vines IT Services Private Limited (OPC) | ₹3 Lakh (FY 2025) | -6.0% | Kalyan, Maharashtra, India | |||
| Aiwhiz Solutions Private Limited | ₹3 Lakh (FY 2025) | -41.0% | Kunnathunad, Kerala, India | |||
| Quiet Learning Private Limited | ₹3 Lakh (FY 2025) | 2900.0% | Chennai, Tamil Nadu, India | |||
| Ramakrishna Turbo Tech Private Limited | ₹3 Lakh (FY 2024) | -60.0% | Ida Patancheru, Telangana, India | |||
| Antariksh Trustee Private Limited | ₹3 Lakh (FY 2025) | Mumbai, Maharashtra, India |
To see the full peer comparison of Magical Spiders Info Solutions Private Limited, buy the company report.
Auditor
Magical Spiders Info Solutions Private Limited is audited by KARTHEEK PUJARI & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KARTHEEK PUJARI & ASSOCIATES | FY 2021 | 018409S |
Shareholding
The shareholding of Magical Spiders Info Solutions Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Magical Spiders Info Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Magical Spiders Info Solutions 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 Spiders Info Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Magical Spiders Info Solutions Private Limited has a workforce of 27 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Magical Spiders Info Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCK7153G1ZB | Karnataka | Active | 09 Jun 2020 |
To see the full GST registrations and return filing status of Magical Spiders Info Solutions Private Limited, buy the company report.
Recent activity
Magical Spiders Info Solutions Private Limited has 5 board changes on record since 2016: 2 appointments and 3 cessations. The latest: Raghavendra Tangella was appointed as Managing Director on 17 Apr 2020.
Frequently asked questions
Magical Spiders Info Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 03 December 2014 (12+ years old) and is registered under CIN U72200KA2014PTC153532.
Magical Spiders Info Solutions has 2 current directors:
- Raghavendra Tangella - Managing Director
- Mallikarjuna Reddy Kannemadugu - Director
The latest financial statements of Magical Spiders Info Solutions 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 2015 are in the company report.
The GSTIN of Magical Spiders Info Solutions is 29AAFCK7153G1ZB, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Magical Spiders Info Solutions is U72200KA2014PTC153532. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magical Spiders Info Solutions was incorporated on 03 December 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Magical Spiders Info Solutions by revenue are SCS Techsol India Private Limited, Vines IT Services Private Limited (OPC), Aiwhiz Solutions Private Limited, Quiet Learning Private Limited, Ramakrishna Turbo Tech Private Limited and 1 more, all in the same principal business activity (other professional, scientific and technical activities).
Raghavendra Tangella was appointed as Managing Director on 17 Apr 2020. Suresh Kumar Reddy ceased to be Director on 17 Apr 2020. Konda Reddy Tangella ceased to be Managing Director on 24 Apr 2019. Magical Spiders Info Solutions has 5 board changes on record in total.
Magical Spiders Info Solutions can be reached through the website magicalspiders.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Magical Spiders Info Solutions is at #6963 Sai Srinivasam Ground Floor 3rd Cross Tulasi Theatre Lane Marathah, Alli, Bangalore, Karnataka, India – 560037.
Magical Spiders Info Solutions operates in the information technology industry, in the IT consulting and support services segment.