Maga Star Solutions Private Limited
About Maga Star Solutions Private Limited
Data last updated:
Maga Star Solutions Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 04 December 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74140TN2009PTC073778. Its GSTIN is 33AAGCM2771B1ZV (Tamil Nadu).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vadivel Venkatesan and Subathravenkatesan.
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 1st Phase G – 1 No.13 Vembuli Amman Koil Street West, Chennai, Tamil Nadu, India – 600078.
As per the financials filed for FY 2024, the company reported a revenue of ₹31.38 Lakh, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹3.52 Lakh (net margin 11.2%) and EBITDA of ₹10.84 Lakh (EBITDA margin 34.6%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 2% over five years.
As per MCA filings, the company has open charges of ₹60 Lakh and satisfied charges of ₹42 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Maga Star Solutions Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1st Phase G – 1 No.13 Vembuli Amman Koil Street West, Chennai, Tamil Nadu, India – 600078
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Maga Star 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
Business activity
The main business activity of Maga Star Solutions is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities |
To see the full business activity and turnover split of Maga Star Solutions Private Limited, buy the company report.
Financials of Maga Star Solutions Private Limited
FY 2025 filings availableMaga Star Solutions Private Limited reported revenue of ₹31.38 Lakh (up 9% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 9% growth in the latest year. EBITDA fell 11% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹10.84 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.52 Lakh | ||||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 34.6% | ||||
| Net Profit Margin | 11.2% | ||||
| 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 Maga Star Solutions Private Limited, buy the company report.
Board of directors of Maga Star Solutions Private Limited
Maga Star Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vadivel Venkatesan Also directs: Chaze Technologies Private Limited | Director | 04 Dec 2009 | 16 Years 10 Months | Current |
| Subathravenkatesan | Director | 04 Dec 2009 | 16 Years 10 Months | Current |
Auditor
Maga Star Solutions Private Limited is audited by V SENTHILNATHAN & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V SENTHILNATHAN & CO | FY 2019 | 003711S |
Shareholding
The shareholding of Maga Star Solutions Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Maga Star Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Dec 2022 | 100669311 | Others | ₹17 Lakh | Open | |
| 30 Dec 2022 | 100669312 | Others | ₹43 Lakh | Open | |
| 12 Aug 2012 | 10374071 | City Union Bank Limited | ₹42 Lakh | Satisfied |
To see the full charge records of Maga Star Solutions Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Maga Star 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 Maga Star Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Maga Star Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAGCM2771B1ZV | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Maga Star Solutions Private Limited, buy the company report.
Recent activity
Maga Star Solutions Private Limited has 2 board changes on record since 2009: 2 appointments. The latest: Subathravenkatesan was appointed as Director on 04 Dec 2009.
Frequently asked questions
Maga Star Solutions is an active private limited company based in Chennai, Tamil Nadu, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 04 December 2009 (17+ years old) and is registered under CIN U74140TN2009PTC073778.
Maga Star Solutions has 2 current directors:
- Vadivel Venkatesan - Director
- Subathravenkatesan - Director
The latest financial statements of Maga Star 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 Maga Star Solutions is 33AAGCM2771B1ZV, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Maga Star Solutions is U74140TN2009PTC073778. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maga Star Solutions was incorporated on 04 December 2009, making it 17+ years old. It is registered with the Registrar of Companies, Chennai.
Subathravenkatesan was appointed as Director on 04 Dec 2009. Vadivel Venkatesan was appointed as Director on 04 Dec 2009.
The registered office of Maga Star Solutions is at 1st Phase G – 1 No.13 Vembuli Amman Koil Street West, Chennai, Tamil Nadu, India – 600078.
Maga Star Solutions operates in the business outsourcing industry, in the business and IT consulting segment.
Maga Star Solutions has open charges of ₹60 Lakh and satisfied charges of ₹42 Lakh as per latest MCA filings.