Magic Express Technology Private Limited
About Magic Express Technology Private Limited
Data last updated:
Magic Express Technology Private Limited is a private limited company based in Mumbai, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 21 September 2015.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70100MH2015PTC268544.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1 Lakh. It is led by directors Atul Jaysukh Shah and Tarun Bisht.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Mumbai, Maharashtra.
As per MCA filings, the company has open charges of ₹250 Cr on record. Court records list 3 cases involving the company, including 3 filed against it. The company has 2 deals on record (1 acquisition, 1 secondary share transfer); the latest was in September 2016.
Company details
CIN history
Magic Express Technology has one previous CIN (Corporate Identification Number): U72300MH2015PTC268544. The current CIN is U70100MH2015PTC268544, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70100MH2015PTC268544 | Current |
| U72300MH2015PTC268544 | Previous |
Contact details
Magic Express Technology Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressOffice No118 1st Floor Anjani Complex Opp.Guru Nanak Petrol Pump A. K. Road Chakala, Andheri (E, Mumbai, Maharashtra, India – 400099
- IndustryFinancial Services, Financial Activities
To see the full contact details of Magic Express Technology 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
Financials of Magic Express Technology Private Limited
FY 2021 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of Magic Express Technology Private Limited, buy the company report.
Board of directors of Magic Express Technology Private Limited
Magic Express Technology has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Atul Jaysukh Shah Also directs: Vistavally Developers LLP, Chemex Goods Pvt Ltd | Director | 08 Feb 2021 | 5 Years 8 Months | As last reported |
| Tarun Bisht Also directs: Chemex Goods Pvt Ltd | Director | 21 Sep 2015 | 11 Years 1 Months | As last reported |
Auditor
Magic Express Technology Private Limited is audited by BANSAL BANSAL & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BANSAL BANSAL & CO | FY 2019 | 100986W |
Shareholding
The shareholding of Magic Express Technology 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 Magic Express Technology Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Aug 2019 | 100288803 | Others | ₹250 Cr | Open |
To see the full charge records of Magic Express Technology Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Magic Express Technology Private Limited has 2 deals on record (1 acquisition, 1 secondary share transfer); the latest was in September 2016.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2016 | Acquisition | Undisclosed | Buyer: Chemex Goods Pvt Ltd Seller: an individual |
| Jul 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Magic Express Technology Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 3 | 3 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Insolvency matter | Filed against the company by Arun Kapoor (Interim Resolution Professional of the Corporate Debtor) | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed against the company by Arun Kapoor (Resolution Professional of the Corporate Debtor) | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed against the company by VSJ Investment Private Limited | Disposed |
To see the full case history of Magic Express Technology Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Magic Express Technology 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 Magic Express Technology Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Magic Express Technology Private Limited has 7 board changes on record since 2015: 2 appointments and 5 cessations. The latest: Arun Kapoor ceased to be Irp/Rp/Liquidator on 12 Aug 2025.
Frequently asked questions
Magic Express Technology is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Magic Express Technology is a company under insolvency, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in financial activities, within the financial services industry. It was incorporated on 21 September 2015 and is registered under CIN U70100MH2015PTC268544. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Magic Express Technology has 2 current directors:
- Atul Jaysukh Shah - Director
- Tarun Bisht - Director
The latest financial statements of Magic Express Technology on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2016 are in the company report.
The CIN (Corporate Identification Number) of Magic Express Technology is U70100MH2015PTC268544. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magic Express Technology has open charges of ₹250 Cr and no satisfied charges on record as per latest MCA filings.
Magic Express Technology has 3 court cases on record: 3 filed against it.
Magic Express Technology was incorporated on 21 September 2015. It is registered with the Registrar of Companies, Mumbai.
Magic Express Technology has 2 deals on record (1 acquisition, 1 secondary share transfer); the latest was in September 2016.
Arun Kapoor ceased to be Irp/Rp/Liquidator on 12 Aug 2025. Atul Jaysukh Shah ceased to be Director on 29 Nov 2021. Aditya Poddar ceased to be Director on 08 Feb 2021. Magic Express Technology has 7 board changes on record in total.