Magecon Wellness Private Limited
About Magecon Wellness Private Limited
Data last updated:
Magecon Wellness Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the specialised services segment of the trading and commerce sector. It was incorporated on 30 July 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51909KA2019PTC126655. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Somashekhar Veeranna Malige (Managing Director) and Vinod Irappa Yelemmi.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at No.7&7/2 N A T Street Basavanagudi, Bangalore, Karnataka, India – 560004.
As per the financials filed for FY 2020, the company reported a revenue of ₹6.65 Lakh. For the same year it recorded a net loss of ₹3.06 Lakh (net margin -46.1%) and EBITDA of -₹2.84 Lakh (EBITDA margin -42.8%).
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressNo.7&7/2 N A T Street Basavanagudi, Bangalore, Karnataka, India – 560004
- IndustryTrading, Specialty, Wholesale
- 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
- One PDF report, delivered after checkout
Business Activity of Magecon Wellness Private Limited
The main business activity of Magecon Wellness is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Magecon Wellness Private Limited FY 2020 filings available
Magecon Wellness Private Limited reported revenue of ₹6.65 Lakh for FY 2020.
Financial Statement Summary of Magecon Wellness Private Limited
| Metrics | FY 2019-20 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | ₹6.65 Lakh |
| Other Income | •••• |
| Total Revenue | •••• |
| Cost of Materials Consumed | •••• |
| Employee Benefit Expense | •••• |
| Finance Costs | •••• |
| Depreciation and Amortisation | •••• |
| Other Expenses | •••• |
| Total Expenses | •••• |
| EBITDA | -₹2.84 Lakh |
| Profit Before Tax | •••• |
| Tax Expense | •••• |
| Net Profit (PAT) | -₹3.06 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 of Magecon Wellness Private Limited
| Metrics | FY 2019-20 |
|---|---|
| Profitability | |
| EBITDA Margin | -42.8% |
| Net Profit Margin | -46.1% |
| 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 | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Magecon Wellness are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Magecon Wellness Private Limited
Magecon Wellness Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other professional, scientific and technical activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Boosh Consultancy Services Private Limited | ₹6.65 Lakh (FY 2024) | •••• | •••• | 5945.0% | •••• | Juhapura Sarkhej Road, Gujarat, India |
| Neopharmtech India Private Limited | ₹6.65 Lakh (FY 2025) | •••• | •••• | -27.0% | •••• | Hyderabad, Telangana, India |
| Chartered Evaluators Private Limited | ₹6.65 Lakh (FY 2025) | •••• | •••• | 478.0% | •••• | Thane, Maharashtra, India |
| Medsoft Infotech Private Limited | ₹6.65 Lakh (FY 2025) | •••• | •••• | 42.0% | •••• | Patna, Bihar, India |
| Saraopus Services Private Limited | ₹6.65 Lakh (FY 2021) | •••• | •••• | 453.0% | •••• | Gaya, Bihar, India |
| Magecon Wellness Private Limited this company | ₹6.65 Lakh (FY 2020) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Jinendra Properties Private Limited | ₹6.65 Lakh (FY 2025) | •••• | •••• | 272.0% | •••• | Raipur, Chhattisgarh, India |
| Prism Utility Services Private Limited | ₹6.64 Lakh (FY 2025) | •••• | •••• | 33.0% | •••• | New Delhi, Delhi, India |
| Annex Outsourcing Services Private Limited | ₹6.64 Lakh (FY 2025) | •••• | •••• | -53.0% | •••• | New Delhi, Delhi, India |
| Vipula Creative Technologies Private Limited | ₹6.64 Lakh (FY 2024) | •••• | •••• | -87.0% | •••• | Bengaluru, Karnataka, India |
| Eagru Services Private Limited | ₹6.64 Lakh (FY 2021) | •••• | •••• | 391.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Magecon Wellness by revenue in the same principal business activity (Other professional, scientific and technical activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Magecon Wellness Private Limited
Magecon Wellness has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinod Irappa Yelemmi | Director | 30 Jul 2019 | 7 Years 2 Months | Current |
| Manjunatha Subbaiah Also directs: Silqen Software Private Limited | Director | 30 Jul 2019 | 7 Years 2 Months | Current |
| Somashekhar Veeranna Malige Also directs: Cocomelon India Private Limited, Vagzo International Private Limited, Magecon Lifesciences (OPC) Private Limited and 2 more | Managing Director | 30 Jul 2019 | 7 Years 2 Months | Current |
Ownership and Shareholding of Magecon Wellness Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Magecon Wellness Private Limited
Magecon Wellness Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Magecon Wellness Private Limited
Employment history and EPFO contributions of people linked to Magecon Wellness.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Magecon Wellness Private Limited
Magecon Wellness Private Limited has 3 board changes on record since 2019: 3 appointments. The latest: Manjunatha Subbaiah was appointed as Director on 30 Jul 2019.
Credit Ratings, Litigation & Regulatory Alerts for Magecon Wellness Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Magecon Wellness Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Magecon Wellness Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Magecon Wellness Private Limited
Magecon Wellness has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Magecon Wellness Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Magecon Wellness Private Limited
Magecon Wellness is an active private limited company based in Bangalore, Karnataka, India. The company works in specialty, within the trading industry. It was incorporated on 30 July 2019 (7+ years old) and is registered under CIN U51909KA2019PTC126655.
Magecon Wellness reported revenue of ₹6.65 Lakh for FY 2020.
Magecon Wellness has 3 current directors:
- Somashekhar Veeranna Malige - Managing Director
- Vinod Irappa Yelemmi - Director
- Manjunatha Subbaiah - Director
Magecon Wellness reported a net loss of ₹3.06 Lakh (net margin -46.1%) and EBITDA of -₹2.84 Lakh (EBITDA margin -42.8%) for FY 2020, as per its filed financial statements.
No. Magecon Wellness has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Magecon Wellness is U51909KA2019PTC126655. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magecon Wellness was incorporated on 30 July 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Magecon Wellness by revenue are Boosh Consultancy Services Private Limited, Neopharmtech India Private Limited, Chartered Evaluators Private Limited, Medsoft Infotech Private Limited, Saraopus Services Private Limited and 5 more, all in the same principal business activity (Other professional, scientific and technical activities).
Manjunatha Subbaiah was appointed as Director on 30 Jul 2019. Somashekhar Veeranna Malige was appointed as Managing Director on 30 Jul 2019. Vinod Irappa Yelemmi was appointed as Director on 30 Jul 2019.
The registered office of Magecon Wellness is at No.7&72 N A T Street Basavanagudi, Bangalore, Karnataka, India – 560004.
Magecon Wellness has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh.