Magic Of Wheels Private Limited - Company Profile

It is a business services private limited company based in Mumbai, Maharashtra, India, established in 2024.
2024 Mumbai, Maharashtra, India Active
Last Updated:
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About Magic Of Wheels Private Limited

Magic Of Wheels Private Limited, a active private limited company, was established on 24 July 2024 in Mumbai, Maharashtra, India. it holds CIN: U49230MH2024PTC429394. Registered under ROC Roc Mumbai I. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹1.00 Cr.

Its leadership includes Narendrakumar Rameshkumar Jaiswal (Whole-Time Director), Rakeshkumar Rameshkumar Jaiswal (Whole-Time Director). It holds ₹52.73 Cr open charges and no settled loans. Its latest AGM occurred on 27 November 2025, with the balance sheet filed on 31 March 2025. It is based at 712 B-Wing, Kanara Business Centre, Laxmi Nagar, Andheri Link Road, Ghatkopar (East), Mumbai, Maharashtra, 400075.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U49230MH2024PTC429394

  • Registration Number

    429394

  • Incorporation Date

    24 July 2024

  • Authorized Capital

    ₹1.00 Cr

  • Paid-Up Capital

    ₹1.00 Cr

  • ROC Code

    Roc Mumbai I

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 1 Year 7 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 52.73 Cr
Company report

Magic Of Wheels Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

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Who are the key members and board of directors at Magic Of Wheels Private Limited?
Current Directors
Name Designation Appointment Date Status
Narendrakumar Rameshkumar Jaiswal Whole-Time Director 24 Jul 2024 Current
Rakeshkumar Rameshkumar Jaiswal Whole-Time Director 24 Jul 2024 Current

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Financial Performance of Magic Of Wheels.

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Magic Of Wheels revenue growth over time
Magic Of Wheels 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 Of Wheels?

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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

₹527,274,826.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Others : 45.55 Cr
  • State Bank Of India : 7.00 Cr
  • Hdfc Bank Limited : 0.18 Cr
Latest Charge Details
Date Lender Amount Status
26 Nov 2025 Others ₹1.42 Cr Open
03 Nov 2025 Others ₹2.37 Cr Open
31 Oct 2025 Others ₹1.12 Cr Open
16 Oct 2025 Others ₹6.02 Cr Open
29 Sep 2025 Others ₹1.59 M Open

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How Many Employees Work at Magic Of Wheels?

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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
Alert Indicator

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Latest Updates, News, and FAQs on Magic Of Wheels
Recent Activity within the Organization
  • Annual General Meeting

    The activity Magic Of Wheels Private Limited last Annual general meeting of members was held on 27 Nov 2025 as per latest MCA records. was completed.

  • Charges

    The activity A charge with Others amounted to Rs. 1.42 Cr with Charge ID 101196418 was registered on 26 Nov 2025. was completed.

  • Charges

    The activity A charge with Others amounted to Rs. 2.37 Cr with Charge ID 101191172 was registered on 03 Nov 2025. was completed.

  • Charges

    The activity A charge with Others amounted to Rs. 1.12 Cr with Charge ID 101205499 was registered on 31 Oct 2025. was completed.

  • Charges

    A charge with Others amounted to Rs. 6.02 Cr with Charge ID 101173147 was registered on 16 Oct 2025. was recorded as a recent event.

  • Charges

    A charge with Others amounted to Rs. 0.16 Cr with Charge ID 101163885 was registered on 29 Sep 2025. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Magic Of Wheels Private Limited?

The CIN of Magic Of Wheels Private Limited is U49230MH2024PTC429394.

Where is Magic Of Wheels Private Limited headquartered?

Magic Of Wheels Private Limited is headquartered at 712 B-Wing, Kanara Business Centre, Laxmi Nagar, Andheri Link Road, Ghatkopar (East), Mumbai, Maharashtra, 400075.

When was Magic Of Wheels Private Limited incorporated?

Magic Of Wheels Private Limited was incorporated on 24 July 2024.

Who are the current directors of Magic Of Wheels Private Limited?

The current directors of Magic Of Wheels Private Limited are

Is Magic Of Wheels Private Limited a listed company?

Magic Of Wheels Private Limited is unlisted.

What is the capital structure of Magic Of Wheels Private Limited?

The authorized capital of Magic Of Wheels Private Limited is ₹1.00 Cr, and the paid-up capital is ₹1.00 Cr.

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