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Magic Forex Private Limited - Company Profile

It is a financial services private limited company based in Mumbai, Maharashtra, India, established in 2012.

2012 | Mumbai, Maharashtra, India | Active
Last Updated:

About Magic Forex Private Limited

Magic Forex Private Limited, a active private limited company, was established on 22 October 2012 in Mumbai, Maharashtra, India. Engaging in forex services within the financial and insurance service sector, it holds CIN: U67200MH2012PTC237073. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹2.80 M and a paid-up capital of ₹2.80 M.

It upholds a compliant status. Its leadership includes Ramesh Parasmal Jain (Director), Priyam Jayesh Chhajed (Director). Past directors included Tanuj Sukanraj Parmar, Santosh Vinodkumar Jain, Padma Rameshkumar Jain. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Shop No :1 Back Side,Plot No :- 635, Kala Mandir Road, P.D.Hinduja Marg,Near Maruti Templ, E,Khar (W), Mumbai, Maharashtra, 400052.

Company Details

  • CIN/LLPIN

    U67200MH2012PTC237073

  • Registration Number

    237073

  • Incorporation Date

    22 October 2012

  • Authorized Capital

    ₹2.80 M

  • Paid-Up Capital

    ₹2.80 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 2.80 M
  • Paid Up Capital ₹ 2.80 M
  • Company Age 13 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 3868.15%
  • Profit Growth 1207.07%
  • Ebitda 183.87%
  • Net Worth 7.38%
  • Total Assets 24.54%
Company report

Magic Forex Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Magic Forex Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Magic Forex Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Ramesh Parasmal JainDirector22 Oct 2012Current
Priyam Jayesh ChhajedDirector16 Dec 2017Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector16 Dec 2017Past
Pramod AbcsddDirector01 Oct 2015Past
Pramod AbcsddDirector01 Oct 2015Past
Pramod AbcsddAdditional Director30 Sep 2018Past

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Financial Performance of Magic Forex.

Magic Forex Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 3868.15% increase. The company also saw a substantial improvement in profitability, with a 1207.07% increase in profit. The company's net worth moved up by a moderate rise of 7.38%.

Magic Forex revenue growth over time
Magic Forex profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
3868.15%
Revenue from Operations
3869.32%
Total Assets
24.54%
Profit or Loss
1207.07%
Net Worth
7.38%
EBITDA
183.87%

What is the Ownership and Shareholding Structure of Magic Forex?

In 2023, Magic Forex had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

There are no open charges registered against the company as per our records.

How Many Employees Work at Magic Forex?

Unlock and access historical data on people associated with Magic Forex, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Magic Forex Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Magic Forex, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Magic Forex's trajectory.

Rating

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Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Magic Forex

Recent Activity within the Organization

  • Annual General Meeting

    Magic Forex Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Magic Forex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was recorded as a recent event.

  • Director Appointment

    Priyam Jayesh Chhajed was appointed as a Director was appointed as a Director on 16 Dec 2017 & has been associated with this company since 8 years 9 days . was recorded as a recent event.

  • Director Appointment

    The activity Ramesh Parasmal Jain was appointed as a Director was appointed as a Director on 22 Oct 2012 & has been associated with this company since 13 years 2 months . was completed.

  • Company Incorporation

    Progress on Magic Forex Private Limited was registered on 22 Oct 2012 with Roc Mumbai & aged 13 years 2 months as per MCA records. was documented.

Frequently Asked Questions

  • What is the CIN of Magic Forex Private Limited?

    The CIN of Magic Forex Private Limited is U67200MH2012PTC237073.

  • Where is Magic Forex Private Limited headquartered?

    Magic Forex Private Limited is headquartered at Shop No :1 Back Side,Plot No :- 635, Kala Mandir Road, P.D.Hinduja Marg,Near Maruti Templ, E,Khar (W), Mumbai, Maharashtra, 400052.

  • When was Magic Forex Private Limited incorporated?

    Magic Forex Private Limited was incorporated on 22 October 2012.

  • Who are the current directors of Magic Forex Private Limited?

    The current directors of Magic Forex Private Limited are

  • What is the primary industry of Magic Forex Private Limited?

    The primary industry of Magic Forex Private Limited is Financial And Insurance Service.

  • Is Magic Forex Private Limited a listed company?

    Magic Forex Private Limited is unlisted.

  • What is the capital structure of Magic Forex Private Limited?

    The authorized capital of Magic Forex Private Limited is ₹2.80 M, and the paid-up capital is ₹2.80 M.

  • What is the compliance status of Magic Forex Private Limited?

    The compliance status of Magic Forex Private Limited is Compliant.

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