- Category
- Small (2024-25)
- Udyam number
- UDYAM-HR-16-0001320

About Magic Fasteners Private Limited
Data last updated:
Magic Fasteners Private Limited is a private limited company based in Delhi, India. It operates in the industrial packaging solutions segment of the packaging sector. It was incorporated on 28 May 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U17297DL1993PTC053817. Its GSTIN is 07AAACM1153D1Z2 (Delhi). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹75 Lakh. It is led by directors Akhil 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 Unit No 508 Prm Plot No 21 Sec – 3 Manglam Place Rohini, Delhi, India – 110085.
As per the financials filed for FY 2023, the company reported a revenue of ₹26.54 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹66.02 Lakh (net margin 2.5%) and EBITDA of ₹1.98 Cr (EBITDA margin 7.5%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 13% over five years.
As per MCA filings, the company has open charges of ₹7.16 Cr and satisfied charges of ₹22.04 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it.
Magic Fasteners Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-16-0001320). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website magicfasteners.in.
Company details
CIN history
Magic Fasteners has one previous CIN (Corporate Identification Number): U74899DL1993PTC053817. The current CIN is U17297DL1993PTC053817, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17297DL1993PTC053817 | Current |
| U74899DL1993PTC053817 | Previous |
Recognitions & Rankings of Magic Fasteners
Contact details
Magic Fasteners Private Limited's registered office is in Delhi, Delhi. Its website is magicfasteners.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUnit No 508 Prm Plot No 21 Sec – 3 Manglam Place Rohini, Delhi, India – 110085
- IndustryPackaging, Industrial Packaging Solutions
To see the full contact details of Magic Fasteners 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 Fasteners Private Limited
FY 2024 filings availableMagic Fasteners Private Limited reported revenue of ₹26.54 Cr (up 11% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 11% growth in the latest year. EBITDA fell 22% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹26.54 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.98 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹66.02 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.5% | ||||
| Net Profit Margin | 2.5% | ||||
| 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 Magic Fasteners Private Limited, buy the company report.
Board of directors of Magic Fasteners Private Limited
Magic Fasteners 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 |
|---|---|---|---|---|
| Akhil Jain Also directs: Glitt Foot LLP, Magbros Filaments Private Limited | Director | 01 Oct 2009 | 17 Years 0 Months | Current |
| Rahul Jain | Director | 01 Oct 2009 | 17 Years 0 Months | Current |
Auditor
Magic Fasteners 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 Magic Fasteners 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 Magic Fasteners Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Apr 2025 | 101106363 | Others | ₹7 Lakh | Open | |
| 20 Aug 2024 | 100970809 | Hdfc Bank Limited | ₹39,000 | Open | |
| 13 Dec 2022 | 100661535 | Hdfc Bank Limited | ₹10.49 Lakh | Open | |
| 09 Mar 2021 | 100424082 | Sidbi | ₹1 Cr | Open | |
| 25 May 2020 | 100340964 | Hdfc Bank Limited | ₹5.98 Cr | Open |
To see the full charge records of Magic Fasteners Private Limited, buy the company report.
Total charge records: 20 View all charges
Legal cases
Magic Fasteners Private Limited has 4 court cases on record: 1 filed by Magic Fasteners, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| Supreme Court | 2 | 2 | 0 |
| District courts | 1 | 1 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Dausa, Rajasthan | Criminal case | Filed against the company by State Government | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against an individual | Disposed |
| Supreme Court | Court case | Filed against the company by an individual | Disposed |
| Supreme Court | Court case (2000-Five Judges Bench Matter) | Filed against the company by an individual | Disposed |
To see the full case history of Magic Fasteners 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
Magic Fasteners Private Limited has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 2 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of Magic Fasteners Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Magic Fasteners has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACM1153D1Z2 | Delhi | Active | 01 Jul 2017 |
| 06AAACM1153D1Z4 | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Magic Fasteners Private Limited, buy the company report.
Recent activity
Magic Fasteners Private Limited has 7 board changes on record since 2009: 2 appointments and 5 cessations. The latest: Parag Jain ceased to be Director on 01 Jul 2015.
39 earlier events are in the company report.
Frequently asked questions
Magic Fasteners is an active private limited company based in Delhi, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 28 May 1993 (33+ years old) and is registered under CIN U17297DL1993PTC053817.
Magic Fasteners has 2 current directors:
- Akhil Jain - Director
- Rahul Jain - Director
The latest financial statements of Magic Fasteners 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 2015 are in the company report.
The GSTIN of Magic Fasteners is 07AAACM1153D1Z2, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 06AAACM1153D1Z4 (Haryana).
The CIN (Corporate Identification Number) of Magic Fasteners is U17297DL1993PTC053817. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magic Fasteners has 4 court cases on record: 1 filed by the company and 3 filed against it. Most are in the supreme court.
Magic Fasteners was incorporated on 28 May 1993, making it 33+ years old. It is registered with the Registrar of Companies, Delhi.
Parag Jain ceased to be Director on 01 Jul 2015. Akhil Jain ceased to be Additional Director on 30 Sep 2010. Rahul Jain ceased to be Additional Director on 30 Sep 2010. Magic Fasteners has 7 board changes on record in total.
Yes, Magic Fasteners is registered as a small enterprise under Udyam registration (number: UDYAM-HR-16-0001320).
Magic Fasteners has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 29 May 2019.
Magic Fasteners can be reached through the website magicfasteners.in. Its registered office is in Delhi, India.