DPIIT recognised startup Government of India
Startup India
Magic Potion Ventures Private Limited - information technology in Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹3.41 Cr
▲ 365579% YoY
Net loss · FY 2023
₹2.16 Cr
Net margin -63.3%
EBITDA · FY 2023
-₹2.13 Cr
EBITDA margin -62.4%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹4.4 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Employees · EPFO
31
Provident fund records
Directors on board
2
As per MCA filings
About Magic Potion Ventures Private Limited
Data last updated:
Magic Potion Ventures Private Limited is a private limited company based in Delhi, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 24 December 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72900DL2021PTC391703. Its GSTIN is 07AAPCM3138D1ZI (Delhi). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹4.4 Lakh. It is led by directors Vikas Balhara and Pratiroop Mehta.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 2/7 Julena Commercial Complex Okhla Road, Delhi, India – 110025.
As per the financials filed for FY 2023, the company reported a revenue of ₹3.41 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹2.16 Cr (net margin -63.3%) and EBITDA of -₹2.13 Cr (EBITDA margin -62.4%).
The company has about 31 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: GoodHome. The company has 4 deals on record (2 secondary share transfers, 1 funding round, 1 convertible or debt financing), with disclosed funding of ₹6.23 Cr; the latest was in September 2022. Its 10 peer companies in the Consumer Durables industry (Furniture Retail and Distribution) are compared by revenue, 5 larger and 5 smaller; the largest is Shlokam Enterprise Private Limited with revenue of ₹3.49 Cr.
For more details, the company can be reached via its website thegoodhome.co.in.
Company Details of Magic Potion Ventures Private Limited
CIN U72900DL2021PTC391703
Registration Number 391703
Incorporation Date 24 December 2021
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
Key People
Vikas Balhara Director Pratiroop Mehta Director Recognitions & Rankings of Magic Potion Ventures
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Apps
- Registered Address2/7 Julena Commercial Complex Okhla Road, Delhi, India – 110025
- IndustryInformation Technology, Application Development & Software Solutions
Comprehensive company report
Magic Potion Ventures 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
- One PDF report, delivered after checkout
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Associated Brands with Magic Potion Ventures Private Limited
Magic Potion Ventures operates one associated brand: GoodHome. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Furniture and furnishing solutions are provided for B2B clients. | thegoodhome.co.in |
Business Activity of Magic Potion Ventures Private Limited
The main business activity of Magic Potion Ventures is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Premium access
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Magic Potion Ventures Private Limited FY 2025 filings available
Magic Potion Ventures Private Limited reported revenue of ₹3.41 Cr (up 365579% YoY) for FY 2023.
Revenue · FY 2023
₹3.41 Cr ▲ 365579%
Net loss · FY 2023
₹2.16 Cr margin -63.3%
EBITDA · FY 2023
-₹2.13 Cr margin -62.4%
Financial Statement Summary of Magic Potion Ventures Private Limited
| Metrics | FY 2022-23 | FY 2021-22 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | •••• |
| Other Income | •••• | •••• |
| Total Revenue | ₹3.41 Cr | •••• |
| Cost of Materials Consumed | •••• | •••• |
| Employee Benefit Expense | •••• | •••• |
| Finance Costs | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• |
| Other Expenses | •••• | •••• |
| Total Expenses | •••• | •••• |
| EBITDA | -₹2.13 Cr | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | -₹2.16 Cr | •••• |
| 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 of Magic Potion Ventures Private Limited
| Metrics | FY 2022-23 | FY 2021-22 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -62.4% | •••• |
| Net Profit Margin | -63.3% | •••• |
| 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 | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Magic Potion Ventures are in the company report.
Premium access
Financial statements from FY 2022
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Magic Potion Ventures Private Limited
Magic Potion Ventures has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikas Balhara | Director | 18 Feb 2022 | 4 Years 8 Months | Current |
| Pratiroop Mehta | Director | 24 Dec 2021 | 4 Years 9 Months | Current |
Peer Comparison of Magic Potion Ventures Private Limited
Magic Potion Ventures Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Furniture Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shlokam Enterprise Private Limited | ₹3.49 Cr (FY 2025) | •••• | •••• | -87.0% | •••• | Bangalore, Karnataka, India |
| Pravi Interior Solutions Private Limited | ₹3.45 Cr (FY 2025) | •••• | •••• | 130.0% | •••• | Raipur, Chhattisgarh, India |
| Hindustan Furniture Private Limited | ₹3.45 Cr (FY 2024) | •••• | •••• | 93.0% | •••• | Gopalganj, Bihar, India |
| True Furniture Private Limited | ₹3.43 Cr (FY 2025) | •••• | •••• | 148.0% | •••• | Secunderabad, Telangana, India |
| Mahavir Design System Private Limited | ₹3.42 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Ahmedabad, Gujarat, India |
| Magic Potion Ventures Private Limited this company | ₹3.41 Cr (FY 2023) | •••• | •••• | 365579.0% | •••• | Delhi, India |
| Rudra Architectural Solutions Private Limited | ₹3.39 Cr (FY 2024) | •••• | •••• | 25.0% | •••• | Pune, Maharashtra, India |
| Shakti Innovative Solutions Private Limited | ₹3.32 Cr (FY 2025) | •••• | •••• | 1414.0% | •••• | Hyderabad, Telangana, India |
| JL Royal Max Private Limited | ₹3.31 Cr (FY 2020) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| Altair Office Concepts Private Limited | ₹3.29 Cr (FY 2025) | •••• | •••• | -25.0% | •••• | Ernakulam, Kerala, India |
| Bantia Furnitures Lifestyle Private Limited | ₹3.29 Cr (FY 2025) | •••• | •••• | -22.0% | •••• | Rajendranagar Circle, Telangana, India |
Peers are the five companies nearest above and the five nearest below Magic Potion Ventures by revenue in the Consumer Durables industry (Furniture Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Magic Potion Ventures Private Limited
Magic Potion Ventures Private Limited is audited by PRAKASH K PRAKASH for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PRAKASH K PRAKASH | Locked | Locked | Locked |
Premium access
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Magic Potion Ventures Private Limited
Premium access
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Magic Potion Ventures Private Limited
Magic Potion Ventures Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Magic Potion Ventures Private Limited
Magic Potion Ventures Private Limited has 4 deals on record (2 secondary share transfers, 1 funding round, 1 convertible or debt financing), with disclosed funding of ₹6.23 Cr; the latest was in September 2022.
Total deals
4
Secondary share transfers
2
Funding round
1
Convertible or debt financing
1
Disclosed funding
₹6.23 Cr
Deals on record (3 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2022 | Funding round · Pre-seed | ₹5.59 Cr | Investors: Axilor, Foundamental, Force Ventures |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Feb 2022 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
Premium access
Full deal history
All 4 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Magic Potion Ventures Private Limited
Magic Potion Ventures Private Limited has a workforce of 31 employees as of Apr 07, 2024.
Employee count
31
Active EPFO establishments
1
Employee growth
6.9%
Premium access
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Magic Potion Ventures Private Limited
Magic Potion Ventures Private Limited has 4 board changes on record since 2021: 2 appointments and 2 cessations. The latest: Vikas Balhara ceased to be Additional Director on 18 Jul 2022.
AGM
Magic Potion Ventures Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Magic Potion Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi I.
Ceased
Vikas Balhara ceased to be Additional Director.
Ceased
Premendra Raj Mehta ceased to be Director.
Appointed
Vikas Balhara was appointed as Director.
Appointed
Pratiroop Mehta was appointed as Director.
Incorporation
24 Dec 2021
Magic Potion Ventures Private Limited was registered on 24 Dec 2021 with Roc Delhi I & aged 4 years 9 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Magic Potion Ventures Private Limited
Premium access
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Magic Potion Ventures Private Limited
Premium access
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Magic Potion Ventures Private Limited
Premium access
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Magic Potion Ventures Private Limited
Magic Potion Ventures has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAPCM3138D1ZI | Delhi | Active | 18 Jan 2022 |
Premium access
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Magic Potion Ventures Private Limited
Premium access
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Magic Potion Ventures Private Limited
Magic Potion Ventures is an active private limited company based in Delhi, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 24 December 2021 (5+ years old) and is registered under CIN U72900DL2021PTC391703.
Magic Potion Ventures reported revenue of ₹3.41 Cr for FY 2023 (up 365579% YoY).
Magic Potion Ventures has 2 current directors:
- Vikas Balhara - Director
- Pratiroop Mehta - Director
Magic Potion Ventures reported a net loss of ₹2.16 Cr (net margin -63.3%) and EBITDA of -₹2.13 Cr (EBITDA margin -62.4%) for FY 2023, as per its filed financial statements.
The GSTIN of Magic Potion Ventures is 07AAPCM3138D1ZI, registered in Delhi. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Magic Potion Ventures is U72900DL2021PTC391703. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magic Potion Ventures was incorporated on 24 December 2021, making it 5+ years old. It is registered with the Registrar of Companies, Delhi.
Magic Potion Ventures has 4 deals on record (2 secondary share transfers, 1 funding round, 1 convertible or debt financing), with disclosed funding of ₹6.23 Cr; the latest was in September 2022.
The peers of Magic Potion Ventures by revenue are Shlokam Enterprise Private Limited, Pravi Interior Solutions Private Limited, Hindustan Furniture Private Limited, True Furniture Private Limited, Mahavir Design System Private Limited and 5 more, all in the Consumer Durables industry (Furniture Retail and Distribution).
Vikas Balhara ceased to be Additional Director on 18 Jul 2022. Premendra Raj Mehta ceased to be Director on 18 Feb 2022. Vikas Balhara was appointed as Director on 18 Feb 2022. Magic Potion Ventures has 4 board changes on record in total.
Yes, Magic Potion Ventures is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).