MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0221691
Magic Gate Associates Private Limited
Magic Gate Associates Private Limited - business services in Bangalore, Karnataka, India. Directors, charges & compliance details.
Revenue · FY 2023
₹86.42 Lakh
▲ 1829% YoY
Net profit · FY 2023
₹4.61 Lakh
Net margin 5.3%
EBITDA · FY 2023
₹6.26 Lakh
EBITDA margin 7.2%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10,000
Issued & subscribed
Company age
5 yrs
Est. 2021
Employees · EPFO
7
Provident fund records
Directors on board
2
As per MCA filings
About Magic Gate Associates Private Limited
Data last updated:
Magic Gate Associates Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the service-based operations segment of the business services sector. It was incorporated on 13 July 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2021PTC149427.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10,000. It is led by directors Joseph Vimal Ithyparambil Antony and Nidish Ettukandamthazhe Kuniyil.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No.39 2nd Floor Suite No .1344 Ngef Lane Indiranagar First Stage, Bangalore, Karnataka, India – 560038.
As per the financials filed for FY 2023, the company reported a revenue of ₹86.42 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹4.61 Lakh (net margin 5.3%) and EBITDA of ₹6.26 Lakh (EBITDA margin 7.2%).
The company has about 7 employees on its provident fund (EPFO) records.
Magic Gate Associates Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0221691).
Company details
CIN U74999KA2021PTC149427
Registration Number 149427
Incorporation Date 13 July 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0221691
Key People
Joseph Vimal Ithyparambil Antony Additional Director Nidish Ettukandamthazhe Kuniyil Additional Director Recognitions & Rankings of Magic Gate Associates
Contact details
Magic Gate Associates Private Limited's registered office is in Bangalore, Karnataka.
- Registered AddressNo.39 2nd Floor Suite No .1344 Ngef Lane Indiranagar First Stage, Bangalore, Karnataka, India – 560038
- IndustryBusiness Services, Other Services, Miscellaneous Business Activities
Comprehensive company report
Magic Gate Associates Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Magic Gate Associates is support service to organizations. In detail, this covers placement agencies and hr management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services |
To see the full business activity and turnover split of Magic Gate Associates Private Limited, buy the company report.
Financials of Magic Gate Associates Private Limited
FY 2023 filings availableMagic Gate Associates Private Limited reported revenue of ₹86.42 Lakh (up 1829% YoY) for FY 2023.
Revenue · FY 2023
₹86.42 Lakh ▲ 1829%
Net profit · FY 2023
₹4.61 Lakh margin 5.3%
EBITDA · FY 2023
₹6.26 Lakh margin 7.2%
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 |
|---|---|---|
| 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 | ₹6.26 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹4.61 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 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 7.2% | |
| Net Profit Margin | 5.3% | |
| 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 Gate Associates Private Limited, buy the company report.
Board of directors of Magic Gate Associates Private Limited
Magic Gate Associates has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Joseph Vimal Ithyparambil Antony | Additional Director | 04 Dec 2025 | 0 Years 10 Months | Current |
| Nidish Ettukandamthazhe Kuniyil | Additional Director | 27 Feb 2026 | 0 Years 8 Months | Current |
Peer comparison
Magic Gate Associates Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (placement agencies and hr management services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Cheerzz Solutions Private Limited | ₹86.52 Lakh (FY 2025) | 28.0% | New Delhi, Delhi, India | |||
| Italent India Management Consultants Private Limited | ₹86.49 Lakh (FY 2024) | -30.0% | Nagpur, Maharashtra, India | |||
| Conexxion Tech India Private Limited | ₹86.46 Lakh (FY 2025) | -50.0% | Mysore, Karnataka, India | |||
| Igitg Services India Private Limited | ₹86.45 Lakh (FY 2021) | 343.0% | Hyderabad, Telangana, India | |||
| KK Industrial Facilities Private Limited | ₹86.43 Lakh (FY 2019) | 30.0% | Pune, Maharashtra, India | |||
| Magic Gate Associates Private Limitedthis company | ₹86.42 Lakh (FY 2023) | ₹4.61 Lakh | 5.3% | 1829.0% | Bangalore, Karnataka, India | |
| Omguru Software Private Limited | ₹86.4 Lakh (FY 2025) | -18.0% | Bangalore, Karnataka, India | |||
| Minrak Worldwide Private Limited | ₹86.37 Lakh (FY 2025) | -1.0% | Ahmedabad, Gujarat, India | |||
| Troi Management Consultants Private Limited | ₹86.33 Lakh (FY 2024) | 56.0% | T. Nagar, Chennai - 600 017, Tamil Nadu, India | |||
| Au Agylex Private Limited | ₹86.32 Lakh (FY 2025) | 51.0% | Jaipur, Rajasthan, India | |||
| Royal Mace Services Private Limited | ₹86.24 Lakh (FY 2025) | Ahmedabad, Gujarat, India |
To see the full peer comparison of Magic Gate Associates Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Magic Gate Associates 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 Magic Gate Associates 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 Gate Associates Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Magic Gate Associates Private Limited has 6 board changes on record since 2022: 3 appointments and 3 cessations. The latest: Nidish Ettukandamthazhe Kuniyil was appointed as Additional Director on 27 Feb 2026.
Appointed
Nidish Ettukandamthazhe Kuniyil was appointed as Additional Director.
Ceased
Anusree Vellapalath ceased to be Additional Director.
Appointed
Joseph Vimal Ithyparambil Antony was appointed as Additional Director.
Ceased
Nilkkunna Kandiyil Susanth ceased to be Director.
AGM
Magic Gate Associates Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Magic Gate Associates Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Ceased
Joseph Vimal Ithyparambil Antony ceased to be Director.
Appointed
Prasanth Ramachandran was appointed as Additional Director.
Incorporation
13 Jul 2021
Magic Gate Associates Private Limited was registered on 13 Jul 2021 with Roc Bangalore & aged 5 years 3 months as per MCA records.
Frequently asked questions
Magic Gate Associates is an active private limited company based in Bangalore, Karnataka, India. The company works in other services, within the business services industry. It was incorporated on 13 July 2021 (5+ years old) and is registered under CIN U74999KA2021PTC149427.
Magic Gate Associates has 2 current directors:
- Joseph Vimal Ithyparambil Antony - Additional Director
- Nidish Ettukandamthazhe Kuniyil - Additional Director
The latest financial statements of Magic Gate Associates on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2022 are in the company report.
The CIN (Corporate Identification Number) of Magic Gate Associates is U74999KA2021PTC149427. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magic Gate Associates was incorporated on 13 July 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Magic Gate Associates by revenue are Cheerzz Solutions Private Limited, Italent India Management Consultants Private Limited, Conexxion Tech India Private Limited, Igitg Services India Private Limited, KK Industrial Facilities Private Limited and 5 more, all in the same principal business activity (placement agencies and hr management services).
Nidish Ettukandamthazhe Kuniyil was appointed as Additional Director on 27 Feb 2026. Anusree Vellapalath ceased to be Additional Director on 18 Dec 2025. Joseph Vimal Ithyparambil Antony was appointed as Additional Director on 04 Dec 2025. Magic Gate Associates has 6 board changes on record in total.
Yes, Magic Gate Associates is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0221691).
The registered office of Magic Gate Associates is at No.39 2nd Floor Suite No .1344 Ngef Lane Indiranagar First Stage, Bangalore, Karnataka, India – 560038.
Magic Gate Associates operates in the business services industry, in the other services segment.
Magic Gate Associates can be reached at its registered office: No.39 2nd Floor Suite No .1344 Ngef Lane Indiranagar First Stage, Bangalore, Karnataka, India – 560038.
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