
Magfab Digitech Creations Private Limited
About Magfab Digitech Creations Private Limited
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Magfab Digitech Creations Private Limited is a private limited company based in New Delhi, Delhi, India, recognised as a startup by DPIIT. It operates in the footwear manufacturing segment of the consumer goods sector. It was incorporated on 05 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U19129DL2018PTC338297. Its GSTIN is 07AAMCM0529K1Z9 (Delhi). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹51 Lakh. It is led by directors including Rachit Jain and Rahul Jain.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Z – 157 First Floor Loha Mandi, New Delhi, Delhi, India – 110028.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.66 Cr, a growth of 49% compared to the previous year. For the same year it recorded a net profit of ₹5.57 Lakh (net margin 0.6%) and EBITDA of ₹58.5 Lakh (EBITDA margin 6.1%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 18% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹6.9 Cr on record.
Magfab Digitech Creations Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-07-0002675).
Company details
Recognitions & Rankings of Magfab Digitech Creations
- Category
- Small (2024-25)
- Udyam number
- UDYAM-HR-07-0002675
Contact details
Magfab Digitech Creations Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressZ – 157 First Floor Loha Mandi, New Delhi, Delhi, India – 110028
- IndustryConsumer Goods, Footwear Manufacturing
To see the full contact details of Magfab Digitech Creations 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 Magfab Digitech Creations is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Magfab Digitech Creations Private Limited, buy the company report.
Financials of Magfab Digitech Creations Private Limited
FY 2024 filings availableMagfab Digitech Creations Private Limited reported revenue of ₹9.66 Cr (up 49% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 49% growth in the latest year. EBITDA rose 7% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹58.5 Lakh | ||||
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| Net Profit (PAT) | ₹5.57 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.1% | ||||
| Net Profit Margin | 0.6% | ||||
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To see the full financial statements and ratios of Magfab Digitech Creations Private Limited, buy the company report.
Board of directors of Magfab Digitech Creations Private Limited
Magfab Digitech Creations has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rachit Jain | Director | 05 Sep 2018 | 8 Years 1 Months | Current |
| Rahul Jain Also directs: Magbros Filaments Private Limited, Magic Fasteners Private Limited | Director | 05 Sep 2018 | 8 Years 1 Months | Current |
| Rachna Jain | Director | 05 Sep 2018 | 8 Years 1 Months | Current |
| Heena Jain | Director | 05 Sep 2018 | 8 Years 1 Months | Current |
Peer comparison
Magfab Digitech Creations Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Products industry (Footwear Manufacturers), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Grey Footwears Private Limited | ₹9.83 Cr (FY 2025) | 100.0% | Delhi, India | |||
| Altis Footwear Private Limited | ₹9.81 Cr (FY 2024) | -29.0% | Bahadurgarh, Haryana, India | |||
| Unico Leather Product Private Limited | ₹9.66 Cr (FY 2017) | 14.0% | Jammu, Jammu and Kashmir, India | |||
| Magfab Digitech Creations Private Limitedthis company | ₹9.66 Cr (FY 2025) | ₹5.57 Lakh | 0.6% | 49.0% | 7 | New Delhi, Delhi, India |
| Subtlestar Industries Private Limited | ₹9.47 Cr (FY 2021) | Navi Mumbai, Maharashtra, India | ||||
| Shanta Hosiery Private Limited. | ₹9.35 Cr (FY 2024) | -7.0% | New Delhi, Delhi, India |
To see the full peer comparison of Magfab Digitech Creations Private Limited, buy the company report.
Auditor
Magfab Digitech Creations Private Limited is audited by ASGG & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASGG & CO. | FY 2023 | 026639N |
Shareholding
The shareholding of Magfab Digitech Creations Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Magfab Digitech Creations Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jan 2022 | 100560098 | Hdfc Bank Limited | ₹15.65 Lakh | Open | |
| 01 Oct 2021 | 100493612 | Others | ₹4.15 Cr | Open | |
| 06 May 2019 | 100283510 | Yes Bank Limited | ₹2.59 Cr | Open |
To see the full charge records of Magfab Digitech Creations Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Magfab Digitech Creations 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 Magfab Digitech Creations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Magfab Digitech Creations Private Limited has a workforce of 7 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Magfab Digitech Creations has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAMCM0529K1Z9 | Delhi | Active | 06 Dec 2018 |
| 06AAMCM0529K1ZB | Haryana | Active | 03 Apr 2019 |
To see the full GST registrations and return filing status of Magfab Digitech Creations Private Limited, buy the company report.
Recent activity
Magfab Digitech Creations Private Limited has 4 board changes on record since 2018: 4 appointments. The latest: Heena Jain was appointed as Director on 05 Sep 2018.
Frequently asked questions
Magfab Digitech Creations is an active private limited company based in New Delhi, Delhi, India. The company works in footwear manufacturing, within the consumer goods industry. It was incorporated on 05 September 2018 (8+ years old) and is registered under CIN U19129DL2018PTC338297.
Magfab Digitech Creations has 4 current directors:
- Rachit Jain - Director
- Rahul Jain - Director
- Rachna Jain - Director
- Heena Jain - Director
The latest financial statements of Magfab Digitech Creations on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Magfab Digitech Creations is 07AAMCM0529K1Z9, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 06AAMCM0529K1ZB (Haryana).
The CIN (Corporate Identification Number) of Magfab Digitech Creations is U19129DL2018PTC338297. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magfab Digitech Creations was incorporated on 05 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Magfab Digitech Creations by revenue are Grey Footwears Private Limited, Altis Footwear Private Limited, Unico Leather Product Private Limited, Subtlestar Industries Private Limited, Shanta Hosiery Private Limited, all in the Consumer Products industry (Footwear Manufacturers), with the same principal business activity (textile, leather and other apparel products).
Heena Jain was appointed as Director on 05 Sep 2018. Rachit Jain was appointed as Director on 05 Sep 2018. Rachna Jain was appointed as Director on 05 Sep 2018. Magfab Digitech Creations has 4 board changes on record in total.
Yes, Magfab Digitech Creations is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Magfab Digitech Creations is registered as a small enterprise under Udyam registration (number: UDYAM-HR-07-0002675).
The registered office of Magfab Digitech Creations is at Z – 157 First Floor Loha Mandi, New Delhi, Delhi, India – 110028.