About Magic IT Solutions Private Limited
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Magic IT Solutions Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Three C Universal Developers Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 26 September 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74120DL2008PTC183764.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Geeta Gupta and Rohit Gupta.
Its last annual general meeting (AGM) was held on 28 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at C – 23 Greater Kailash Enclave Part – I, New Delhi, Delhi, India – 110048.
As per the financials filed for FY 2019, the company reported a revenue of ₹13,240, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹40,780 (net margin -308%) and EBITDA of -₹40,780 (EBITDA margin -308%).
As per MCA filings, the company has satisfied charges of ₹9 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 3 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website magicgroup.co.in.
Company details
Contact details
Magic IT Solutions Private Limited's registered office is in New Delhi, Delhi. Its website is magicgroup.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressC – 23 Greater Kailash Enclave Part – I, New Delhi, Delhi, India – 110048
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Magic IT Solutions 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 IT Solutions Private Limited
FY 2019 filings availableMagic IT Solutions Private Limited reported revenue of ₹13,240 (down 100% YoY) for FY 2019.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹13,240 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹40,780 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹40,780 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -308% | ||||
| Net Profit Margin | -308% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Magic IT Solutions Private Limited, buy the company report.
Board of directors of Magic IT Solutions Private Limited
Magic IT Solutions has 2 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Geeta Gupta Also directs: Globus Constructions Private Limited, Opulent Buildcon Private Limited, Silver Sands Realtech Private Limited and 5 more | Nominee Director | 25 Sep 2020 | 6 Years 0 Months | Current |
| Rohit Gupta Also directs: Globus Constructions Private Limited, Opulent Buildcon Private Limited, Silver Sands Realtech Private Limited and 5 more | Nominee Director | 25 Sep 2020 | 6 Years 0 Months | Current |
Peer comparison
Magic IT Solutions Private Limited is compared with the 10 companies closest to it by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ambreen Infratech Private Limited | ₹13,300 (FY 2025) | 6.0% | Mohali, Punjab, India | |||
| JNK Estates Private Limited | ₹13,296 (FY 2017) | -58.0% | New Delhi, Delhi, India | |||
| York Realtors Private Limited | ₹13,280 (FY 2025) | -100.0% | Delhi, India | |||
| Forever Habitat Private Limited | ₹13,270 (FY 2024) | -93.0% | Delhi, India | |||
| Rose Land Developers Private Limited | ₹13,253 (FY 2016) | 9.0% | Mumbai, Maharashtra, India | |||
| Magic IT Solutions Private Limitedthis company | ₹13,240 (FY 2019) | -₹40,780 | -308% | -100.0% | New Delhi, Delhi, India | |
| Samved Real Estate Private Limited | ₹13,213 (FY 2018) | Mumbai, Maharashtra, India | ||||
| Ghanshyam Baba Infratech Private Limited | ₹13,210 (FY 2024) | 17.0% | New Delhi, Delhi, India | |||
| Ragaarth Housing Private Limited | ₹13,204 (FY 2024) | -100.0% | Chennai, Tamil Nadu, India | |||
| K. K. M. Buildhome Private Limited | ₹13,200 (FY 2025) | Varanasi, Uttar Pradesh, India | ||||
| Star Infracity International Private Limited | ₹13,200 (FY 2024) | 3.0% | Firozabad, Uttar Pradesh, India |
To see the full peer comparison of Magic IT Solutions Private Limited, buy the company report.
Auditor
Magic IT Solutions Private Limited is audited by T R K & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| T R K & ASSOCIATES | FY 2019 | 019739C |
Shareholding
The shareholding of Magic IT Solutions 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 IT Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Sep 2014 | 10542749 | Icici Bank Limited | ₹9 Cr | Satisfied |
To see the full charge records of Magic IT Solutions Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Magic IT Solutions Private Limited has 3 court cases on record: 1 filed by Magic IT Solutions, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 2 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (4 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, New Delhi Bench Court-III | Company petition | Filed against the company by Rohit Gupta(Nomineee Director of Magic IT Solutions Pvt. Ltd.) | Disposed |
| NCLT, New Delhi Bench Court-III | Company petition | Filed by the company against Magic IT Solutions Private Limited and 4 others | Disposed |
| NCLT, New Delhi Bench Court-III | Company petition | Filed against the company by Ms/ Three C Universal Developers Private Limited and 2 others | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Nkgsb Co Operative Bank Ltd | Disposed |
To see the full case history of Magic IT Solutions 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 IT Solutions 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 IT Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Magic IT Solutions Private Limited has 14 board changes on record since 2012: 2 appointments and 12 cessations. The latest: Joy George ceased to be Director on 02 Nov 2020.
7 earlier events are in the company report.
Frequently asked questions
Magic IT Solutions is an active private limited company based in New Delhi, Delhi, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 26 September 2008 (18+ years old) and is registered under CIN U74120DL2008PTC183764.
Magic IT Solutions has 2 current directors:
- Geeta Gupta - Nominee Director
- Rohit Gupta - Nominee Director
The latest financial statements of Magic IT Solutions on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 28 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Magic IT Solutions is U74120DL2008PTC183764. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magic IT Solutions has 3 court cases on record: 1 filed by the company and 3 filed against it. Most are in the nclt.
Magic IT Solutions was incorporated on 26 September 2008, making it 18+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Magic IT Solutions by revenue are Ambreen Infratech Private Limited, JNK Estates Private Limited, York Realtors Private Limited, Forever Habitat Private Limited, Rose Land Developers Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Joy George ceased to be Director on 02 Nov 2020. Geeta Gupta was appointed as Nominee Director on 25 Sep 2020. Niraj Kumar Sinha ceased to be Director on 25 Sep 2020. Magic IT Solutions has 14 board changes on record in total.
Magic IT Solutions can be reached through the website magicgroup.co.in. Its registered office is in New Delhi, Delhi, India.
The registered office of Magic IT Solutions is at C – 23 Greater Kailash Enclave Part – I, New Delhi, Delhi, India – 110048.
Magic IT Solutions operates in the real estate and construction industry, in the real estate builders and developers segment.