Magestic Software India Private Limited

Magestic Software India Private Limited - software in Hyderabad, Telangana, India. Directors, charges & compliance details.
CIN U72200TG2010PTC071796 Incorporated 22 December 2010 ROC Hyderabad HQ Hyderabad, Telangana, India
Struck Off Private Limited Company software
Data last updated
Revenue · FY 2017
₹13.45 Lakh
▲ 58% YoY
Net loss · FY 2017
₹24,293
Net margin -1.8%
EBITDA · FY 2017
-₹24,293
EBITDA margin -1.8%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
16 yrs
Est. 2010
Directors on board
2
As per MCA filings
Last financials
Mar 2017
Balance sheet date

About Magestic Software India Private Limited

Data last updated:

Magestic Software India Private Limited was a private limited company based in Hyderabad, Telangana, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the software services segment of the software and technology sector. It was incorporated on 22 December 2010.

The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2010PTC071796.

The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Patlolla Kanth Rajani and Daradi Reddy Abhilash.

Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at Plot No:446 Chandra Reddy Towers Ayyappa Society Madhapur, Hyderabad, Telangana, India – 500081.

As per the financials filed for FY 2017, the company reported a revenue of ₹13.45 Lakh, a growth of 58% compared to the previous year. For the same year it recorded a net loss of ₹24,293 (net margin -1.8%) and EBITDA of -₹24,293 (EBITDA margin -1.8%).

The last known website on record is magesticsoftware.net.

Company details

CIN U72200TG2010PTC071796
Registration Number 071796
Incorporation Date 22 December 2010
ROC Hyderabad
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 30 September 2017
Date of Balance Sheet 31 March 2017
Compliance Status Active Non-Compliant

CIN history

Magestic Software India has one previous CIN (Corporate Identification Number): U74999TG2010PTC071796. The current CIN is U72200TG2010PTC071796, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U72200TG2010PTC071796Current
U74999TG2010PTC071796Previous

Contact details

Magestic Software India Private Limited's registered office is in Hyderabad, Telangana.

  • Registered Address
    Plot No:446 Chandra Reddy Towers Ayyappa Society Madhapur, Hyderabad, Telangana, India – 500081
  • Industry
    Software, Software Services, Software Development
Comprehensive company report
Magestic Software India Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Magestic Software India is support service to organizations. In detail, this covers other support services to organizations.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
NSupport service to OrganizationsN7Other support services to organizations

To see the full business activity and turnover split of Magestic Software India Private Limited, buy the company report.

Financials of Magestic Software India Private Limited

FY 2017 filings available

Magestic Software India Private Limited reported revenue of ₹13.45 Lakh (up 58% YoY) for FY 2017.

Revenue · FY 2017
₹13.45 Lakh ▲ 58%
Net loss · FY 2017
₹24,293 margin -1.8%
EBITDA · FY 2017
-₹24,293 margin -1.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 58%
EBITDA CAGR growth
1 year
▼ 24%

Revenue rose 58% in the latest year. EBITDA fell 24% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2016-17FY 2015-16FY 2014-15
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-₹24,293
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹24,293
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

MetricsFY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin-1.8%
Net Profit Margin-1.8%
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 Magestic Software India Private Limited, buy the company report.

Board of directors of Magestic Software India Private Limited

Magestic Software India has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Patlolla Kanth RajaniAdditional Director23 Dec 201015 Years 10 MonthsAs last reported
Daradi Reddy AbhilashAdditional Director23 Dec 201015 Years 10 MonthsAs last reported

Peer comparison

Magestic Software India Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other support services to organizations), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Colour Yarns Private Limited₹13.48 Lakh (FY 2025)1.0%Kappalur Madurai, Tamil Nadu, India
Go for Destination Private Limited₹13.48 Lakh (FY 2018)52.0%Delhi, India
Aeropelican Aviation Private Limited₹13.48 Lakh (FY 2022)-8.0%Hyderabad, Telangana, India
Success Suppliers Private Limited₹13.47 Lakh (FY 2025)-3.0%Kolkata, West Bengal, India
Ian Kerr Architects Private Limited₹13.47 Lakh (FY 2017)-68.0%Mumbai, Maharashtra, India
Magestic Software India Private Limitedthis company₹13.45 Lakh (FY 2017)-₹24,293-1.8%58.0%Hyderabad, Telangana, India
Topcop Security and Facility Management Private Limited₹13.45 Lakh (FY 2023)387.0%Sangamner, Maharashtra, India
Easygosms India Private Limited₹13.45 Lakh (FY 2024)-44.0%Delhi, India
Shubha Associates Private Limited₹13.45 Lakh (FY 2023)Malda, West Bengal, India
Grand Arya Executive Banquet Private Limited₹13.44 Lakh (FY 2025)-19.0%Patna, Bihar, India
Associated Stampings Private Limited₹13.44 Lakh (FY 2019)17.0%New Delhi, Delhi, India

To see the full peer comparison of Magestic Software India Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Magestic Software India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Magestic Software India Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Magestic Software India Private Limited has 5 board changes on record since 2010: 2 appointments and 3 cessations. The latest: Basani Mahender Reddy ceased to be Additional Director on 31 Mar 2015.

AGM
Magestic Software India Private Limited last Annual general meeting of members was held on 30 Sep 2017 as per latest MCA records.
Filing
Magestic Software India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Hyderabad.
Ceased
Basani Mahender Reddy ceased to be Additional Director.
Ceased
Vijaya Bhaskar Basani Reddy ceased to be Director.
Ceased
Syam Prasad Indukuri Reddy ceased to be Director.
Appointed
Daradi Reddy Abhilash was appointed as Additional Director.
Appointed
Patlolla Kanth Rajani was appointed as Additional Director.
Incorporation
22 Dec 2010
Magestic Software India Private Limited was registered on 22 Dec 2010 with Roc Hyderabad & aged 15 years 10 months as per MCA records.

Frequently asked questions

Magestic Software India has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.

Magestic Software India was a private limited company based in Hyderabad, Telangana, India. The company worked in software services, within the software industry. It was incorporated on 22 December 2010 and is registered under CIN U72200TG2010PTC071796. The company has been struck off by the Registrar of Companies and is no longer operational.

Magestic Software India had 2 directors:

The CIN (Corporate Identification Number) of Magestic Software India is U72200TG2010PTC071796. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Magestic Software India is at Plot No:446 Chandra Reddy Towers Ayyappa Society Madhapur, Hyderabad, Telangana, India – 500081.

Magestic Software India was incorporated on 22 December 2010. It is registered with the Registrar of Companies, Hyderabad.

Magestic Software India can be reached through the website magesticsoftware.net. Its registered office is in Hyderabad, Telangana, India.

The latest financial statements of Magestic Software India on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.

Magestic Software India operated in the software industry, in the software services segment. It worked in this industry before it was struck off.

The peers of Magestic Software India by revenue are Colour Yarns Private Limited, Go for Destination Private Limited, Aeropelican Aviation Private Limited, Success Suppliers Private Limited, Ian Kerr Architects Private Limited and 5 more, all in the same principal business activity (other support services to organizations).

Basani Mahender Reddy ceased to be Additional Director on 31 Mar 2015. Vijaya Bhaskar Basani Reddy ceased to be Director on 31 Mar 2015. Syam Prasad Indukuri Reddy ceased to be Director on 21 Sep 2011. Magestic Software India has 5 board changes on record in total.