Magic Idea Creations Private Limited - Company Profile

It is a fashion and textile private limited company based in Chennai, Tamil Nadu, India, established in 2013.
2013 Chennai, Tamil Nadu, India Active
Last Updated:
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About Magic Idea Creations Private Limited

Magic Idea Creations Private Limited, a active private limited company, was established on 12 March 2013 in Chennai, Tamil Nadu, India. Engaging in fashion retail within the fashion and textile sector, it holds CIN: U74900TN2013PTC090003. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹0.90 M and a paid-up capital of ₹0.90 M.

It upholds a active non-compliant status. Its leadership includes Gorantla Ahalya (Director), Gorantla Deshna Krupa (Director), Gorantla Venkata Sathishkumar (Managing Director). Past directors included Gorantla Ahalya, Chalapathi Gorantla Venkata, Gorantla Venkata Sathishkumar. It holds ₹5.80 M open charges and no settled loans. Its latest AGM occurred on 30 September 2016, with the balance sheet filed on 31 March 2016. It is based at No.26, K Block, 1St Avenue Anna Nagar East, Chennai, Tamil Nadu, 600102.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U74900TN2013PTC090003

  • Registration Number

    090003

  • Incorporation Date

    12 March 2013

  • Authorized Capital

    ₹0.90 M

  • Paid-Up Capital

    ₹0.90 M

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.90 M
  • Paid Up Capital ₹ 0.90 M
  • Company Age 12 Year, 11 Months
  • Last Filing with ROC 31 Mar 2016
  • Open Charges ₹ 5.80 M
Company report

Magic Idea Creations Private Limited

Company Report FY 2025-2026

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Who are the key members and board of directors at Magic Idea Creations Private Limited?
Current Directors
Name Designation Appointment Date Status
Gorantla Ahalya Director 18 Jun 2013 Current
Gorantla Deshna Krupa Director 30 Jul 2020 Current
Gorantla Venkata Sathishkumar Managing Director 12 Mar 2013 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 29 Dec 2014 Past
Pramod Abcsdd Director 18 Jun 2013 Past
Pramod Abcsdd Director 18 Jun 2013 Past

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Financial Performance of Magic Idea Creations.

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Magic Idea Creations revenue growth over time
Magic Idea Creations profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
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What is the Ownership and Shareholding Structure of Magic Idea Creations?

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Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹5,800,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Indian Bank : 0.58 Cr
Latest Charge Details
Date Lender Amount Status
03 Aug 2013 Indian Bank ₹5.80 M Open

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How Many Employees Work at Magic Idea Creations?

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Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

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Rating
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Alerts
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Latest Updates, News, and FAQs on Magic Idea Creations
Recent Activity within the Organization
  • Director Appointment

    Gorantla Deshna Krupa was appointed as a Director was appointed as a Director on 30 Jul 2020 & has been associated with this company since 5 years 6 months . was recorded as a recent event.

  • Annual General Meeting

    Progress on Magic Idea Creations Private Limited last Annual general meeting of members was held on 30 Sep 2016 as per latest MCA records. was documented.

  • Balance Sheet

    Magic Idea Creations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Chennai. was recorded as a recent event.

  • Charges

    A charge with Indian Bank amounted to Rs. 5.80 M with Charge ID 10445586 was registered on 03 Aug 2013. was recorded as a recent event.

  • Director Appointment

    The activity Gorantla Ahalya was appointed as a Director was appointed as a Director on 18 Jun 2013 & has been associated with this company since 12 years 7 months . was completed.

  • Director Appointment

    Progress on Gorantla Venkata Sathishkumar was appointed as a Managing Director was appointed as a Managing Director on 12 Mar 2013 & has been associated with this company since 12 years 11 months . was documented.

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Frequently Asked Questions
What is the CIN of Magic Idea Creations Private Limited?

The CIN of Magic Idea Creations Private Limited is U74900TN2013PTC090003.

Where is Magic Idea Creations Private Limited headquartered?

Magic Idea Creations Private Limited is headquartered at No.26, K Block, 1St Avenue Anna Nagar East, Chennai, Tamil Nadu, 600102.

When was Magic Idea Creations Private Limited incorporated?

Magic Idea Creations Private Limited was incorporated on 12 March 2013.

Who are the current directors of Magic Idea Creations Private Limited?

The current directors of Magic Idea Creations Private Limited are

What is the primary industry of Magic Idea Creations Private Limited?

The primary industry of Magic Idea Creations Private Limited is Fashion And Textile.

Is Magic Idea Creations Private Limited a listed company?

Magic Idea Creations Private Limited is unlisted.

What is the capital structure of Magic Idea Creations Private Limited?

The authorized capital of Magic Idea Creations Private Limited is ₹0.90 M, and the paid-up capital is ₹0.90 M.

What is the compliance status of Magic Idea Creations Private Limited?

The compliance status of Magic Idea Creations Private Limited is Active Non-Compliant.

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