About Magictap Solutions
Magictap Solutions is a company based in Noida (India) founded in 2013. It operates as a NFC solutions for interactive advertising, branding, and payments are offered. Its Indian entity Magictap Solutions Private Limited reported revenue of ₹63.5 Lakh.
Company details
Magictap Solutions was founded in 2013 in Noida, India, focusing on NFC technology to enable interactions between physical objects and smartphones. Content such as information, videos, maps, and coupons is delivered instantly upon tapping. Applications span outdoor advertising, retail shelves, business cards, packaging, and public transport seating. Services encompass branding, smart poster engagement, in-store NFC payments, and analytics for offline ad tracking.
- Headquarters Noida, India
- Website magictapsolutions.com
- Social LinkedIn X Facebook
- Legal Name Magictap Solutions Private Limited
- Date of Incorporation 10 May, 2014
- Jurisdiction Alwar, Rajasthan, India
- Annual Revenue₹63.5 Lakh
FY 2022 · -25% YoY
- Net Profit₹20,013
FY 2022 · 0% margin
- EBITDA₹26.9 Lakh
FY 2022 · 42% margin
Associated legal entities of Magictap Solutions
Magictap Solutions operates through Magictap Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Magictap Solutions Private Limited CIN U72900RJ2014PTC045557 | Active | 10 May 2014 | Alwar, Rajasthan | ₹0.6 Cr | – | 2 | View details |
Board of directors of Magictap Solutions Private Limited (Magictap Solutions)
Magictap Solutions Private Limited is the primary company behind Magictap Solutions. The board of Magictap Solutions Private Limited currently have 2 directors; the longest-serving is Laxmi Narayan, appointed in 2014.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Laxmi Narayan DIN 06832791 | Director | 10 May 2014 | 12 yrs 5 mo | Magictap Solutions Private Limited |
| Nikhil Tuteja DIN 06837959 | Director | 10 May 2014 | 12 yrs 5 mo | Magictap Solutions Private Limited |
Financials of Magictap Solutions
Figures of Magictap Solutions Private Limited, the primary company behind Magictap Solutions, for FY 2022. Revenue was ₹63.5 Lakh (-25% year on year). Net profit was ₹20,013 (0% margin). EBITDA was ₹26.9 Lakh (42% margin). Revenue has grown at a compounded annual rate of -30% over three years and -18% over five years.
- ₹63.5 LakhRevenue · FY 2022 · -25% YoY
- ₹20,013Net profit · 0% margin
- ₹26.9 LakhEBITDA · 42% margin
- ₹1 LakhPaid-up capital
- -30%Revenue CAGR, 3 years
- -18%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Magictap Solutions Private Limited are on its company page.
Detailed financial statements for Magictap Solutions
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Frequently Asked Questions about Magictap Solutions
Magictap Solutions was founded in 2013.
Magictap Solutions is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
The primary company behind Magictap Solutions, Magictap Solutions Private Limited, reported revenue of ₹63.5 Lakh for FY 2022, down 25% year on year.
Magictap Solutions was founded in 2013 in Noida, India, focusing on NFC technology to enable interactions between physical objects and smartphones. Content such as information, videos, maps, and coupons is delivered instantly upon tapping. Applications span outdoor advertising, retail shelves, business cards, packaging, and public transport seating. Services encompass branding, smart poster engagement, in-store NFC payments, and analytics for offline ad tracking.
Magictap Solutions operates through Magictap Solutions Private Limited.
The legal entities of Magictap Solutions currently have 2 directors, including Laxmi Narayan, Nikhil Tuteja.