Magic Airlines Private Limited
About Magic Airlines Private Limited
Data last updated:
Magic Airlines Private Limited was a private limited company based in New, Delhi, 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 air transportation segment of the aviation sector. It was incorporated on 01 June 2000.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U63040DL2000PTC106025.
The company had an authorised share capital of ₹30 Cr and a paid-up capital of ₹3.01 Cr. It was led by directors Usha Narula and Vikas Narula.
Its last annual general meeting (AGM) was held on 19 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at A – 14 Duggal Colony Devli Road Khanpur, New, Delhi, India – 110062.
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- Registered AddressA – 14 Duggal Colony Devli Road Khanpur, New, Delhi, India – 110062
- IndustryAviation, Air Transportation
- 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 Magic Airlines Private Limited
Magic Airlines operates primarily in the transport and storage sector. One business activity is registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Transport and storage | Locked | Air transport | Locked |
Detailed business activity records
Activity codes and each activity's share of turnover are in the company report.
- Activity group codes
- Detailed activity codes
- Turnover contribution
Verified entity values are shown only after access is granted.
Auditor Details of Magic Airlines Private Limited
Magic Airlines Private Limited is audited by SCAN ASSOCIATES for the financial year 2016.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SCAN ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Magic Airlines Private Limited
Magic Airlines has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Usha Narula Also directs: Nomeshwar Investment Private Limited | Director | 13 Feb 2018 | 8 Years 7 Months | As last reported |
| Vikas Narula | Director | 10 Jul 2018 | 8 Years 2 Months | As last reported |
Financials of Magic Airlines Private Limited FY 2019 filings available
Financial Statement Summary of Magic Airlines Private Limited
| Metrics | FY 2015-16 | FY 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 | •••• | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | •••• | •••• |
| 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 Magic Airlines Private Limited
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | •••• | •••• |
| Net Profit Margin | •••• | •••• |
| 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 Magic Airlines are in the company report.
Financial statements from 2015
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.
Ownership and Shareholding of Magic Airlines 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 Magic Airlines Private Limited
Magic Airlines Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Magic Airlines Private Limited
Employment history and EPFO contributions of people linked to Magic Airlines.
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.
GST Compliance of Magic Airlines Private Limited
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.
Credit Ratings, Litigation & Regulatory Alerts for Magic Airlines 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 Magic Airlines 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 Magic Airlines 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.
MCA Filings & Documents of Magic Airlines 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.
Recent Activity on Magic Airlines Private Limited
Frequently Asked Questions about Magic Airlines Private Limited
Magic Airlines 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.
Magic Airlines was a private limited company based in New, Delhi, India. The company worked in air transportation, within the aviation industry. It was incorporated on 01 June 2000 and is registered under CIN U63040DL2000PTC106025. The company has been struck off by the Registrar of Companies and is no longer operational.
Magic Airlines had 2 directors:
- Usha Narula - Director
- Vikas Narula - Director
The CIN (Corporate Identification Number) of Magic Airlines is U63040DL2000PTC106025. 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 Magic Airlines is at A – 14 Duggal Colony Devli Road Khanpur, New, Delhi, India – 110062.
Magic Airlines was incorporated on 01 June 2000. It is registered with the Registrar of Companies, Delhi.
Magic Airlines has an authorised share capital of ₹30 Cr and a paid-up capital of ₹3.01 Cr.
Magic Airlines operated in the aviation industry, in the air transportation segment. It worked in this industry before it was struck off.
No. Magic Airlines is not listed on any stock exchange. It is an unlisted company.