Magnificent Telecom Services (OPC) Private Limited
About Magnificent Telecom Services (OPC) Private Limited
Data last updated:
Magnificent Telecom Services (OPC) Private Limited is a one person company based in Navi Mumbai, Maharashtra, India. It operates in the IT services segment of the services sector. It was incorporated on 07 March 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2016OPC273970. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by director Aziz Saifuddin Parekh.
Its latest financial statements are for the year ended 31 March 2018. The registered office is at Unit No. G – 34 Ground Floor Fantasia Complex Plot No. 47 Sector 30A Vashi, Navi Mumbai, Maharashtra, India – 400703.
As per the financials filed for FY 2018, the company reported a revenue of ₹12.62 Lakh, a decline of 32% compared to the previous year. For the same year it recorded a net loss of ₹13.37 Lakh (net margin -106%) and EBITDA of -₹12.24 Lakh (EBITDA margin -97%).
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Magnificent Telecom Services (OPC) Private Limited's registered office is in Navi Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressUnit No. G – 34 Ground Floor Fantasia Complex Plot No. 47 Sector 30A Vashi, Navi Mumbai, Maharashtra, India – 400703
- IndustryService, Information Technology Services
To see the full contact details of Magnificent Telecom Services (OPC) 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
Business activity
The main business activity of Magnificent Telecom Services is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Magnificent Telecom Services (OPC) Private Limited, buy the company report.
Financials of Magnificent Telecom Services (OPC) Private Limited
FY 2018 filings availableMagnificent Telecom Services (OPC) Private Limited reported revenue of ₹12.62 Lakh (down 32% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 32% in the latest year. EBITDA rose 23% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | -₹12.24 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹13.37 Lakh | ||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -97% | ||
| Net Profit Margin | -106% | ||
| Return on Equity (ROE) | |||
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To see the full financial statements and ratios of Magnificent Telecom Services (OPC) Private Limited, buy the company report.
Board of directors of Magnificent Telecom Services (OPC) Private Limited
Magnificent Telecom Services has 1 director on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aziz Saifuddin Parekh | Director | 07 Mar 2016 | 10 Years 8 Months | Current |
Peer comparison
Magnificent Telecom Services (OPC) Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Quaaak Technology Solutions Private Limited | ₹12.65 Lakh (FY 2024) | 140.0% | Chennai, Tamil Nadu, India | |||
| Null Innovation Private Limited | ₹12.64 Lakh (FY 2024) | 257.0% | Ahmedabad, Gujarat, India | |||
| Kasturi Media Services Private Limited | ₹12.64 Lakh (FY 2018) | -46.0% | Bhubaneswar, Odisha, India | |||
| Kevin Technocrats Solutions Private Limited | ₹12.64 Lakh (FY 2025) | Agra, Uttar Pradesh, India | ||||
| Project Kshemapura Private Limited | ₹12.63 Lakh (FY 2023) | -33.0% | Karwar, Karnataka, India | |||
| Magnificent Telecom Services (OPC) Private Limitedthis company | ₹12.62 Lakh (FY 2018) | -₹13.37 Lakh | -106% | -32.0% | Navi Mumbai, Maharashtra, India | |
| Patligali Media Private Limited | ₹12.62 Lakh (FY 2018) | 55.0% | New Delhi, Delhi, India | |||
| Splendre Eyemag Private Limited | ₹12.6 Lakh (FY 2025) | 39604.0% | Kozhikode, Kerala, India | |||
| Precode Technology Solutions Private Limited | ₹12.6 Lakh (FY 2025) | -17.0% | New Delhi, Delhi, India | |||
| Vel IT Solution Private Limited | ₹12.59 Lakh (FY 2024) | -83.0% | Bangalore, Karnataka, India | |||
| Skylake Infotech Private Limited | ₹12.58 Lakh (FY 2025) | 1.0% | Patna, Bihar, India |
To see the full peer comparison of Magnificent Telecom Services (OPC) Private Limited, buy the company report.
Auditor
Magnificent Telecom Services (OPC) Private Limited is audited by JOSHI AGGARWAL& ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JOSHI AGGARWAL& ASSOCIATES | FY 2017 | 023988N |
Shareholding
The shareholding of Magnificent Telecom Services (OPC) Private Limited is on record for FY 2017, split between promoters, domestic institutions and public shareholders.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public |
To see the full shareholding pattern of Magnificent Telecom Services (OPC) Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Magnificent Telecom Services (OPC) 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 Magnificent Telecom Services (OPC) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Magnificent Telecom Services has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Magnificent Telecom Services (OPC) Private Limited, buy the company report.
Recent activity
Magnificent Telecom Services (OPC) Private Limited has 1 board change on record since 2016: 1 appointment. The latest: Aziz Saifuddin Parekh was appointed as Director on 07 Mar 2016.
Frequently asked questions
Magnificent Telecom Services is an active company based in Navi Mumbai, Maharashtra, India. The company works in information technology services, within the service industry. It was incorporated on 07 March 2016 (10+ years old) and is registered under CIN U74900MH2016OPC273970.
Magnificent Telecom Services has 1 current director:
- Aziz Saifuddin Parekh - Director
The latest financial statements of Magnificent Telecom Services on record with the MCA are for the year ended 31 March 2018. Year-wise statements from FY 2016 are in the company report.
No. Magnificent Telecom Services has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Magnificent Telecom Services is U74900MH2016OPC273970. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magnificent Telecom Services was incorporated on 07 March 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Magnificent Telecom Services by revenue are Quaaak Technology Solutions Private Limited, Null Innovation Private Limited, Kasturi Media Services Private Limited, Kevin Technocrats Solutions Private Limited, Project Kshemapura Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Aziz Saifuddin Parekh was appointed as Director on 07 Mar 2016.
The registered office of Magnificent Telecom Services is at Unit No. G – 34 Ground Floor Fantasia Complex Plot No. 47 Sector 30A Vashi, Navi Mumbai, Maharashtra, India – 400703.
Magnificent Telecom Services operates in the service industry, in the information technology services segment.
The compliance status of Magnificent Telecom Services is active non-compliant as of 11 August 2026. The company is actively filing with the Registrar of Companies.
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