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.
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
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Associated Brands
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
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
Financials of Magic Potion Ventures Private Limited
FY 2025 filings availableMagic 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
| Metrics | FY 2022-23 | FY 2021-22in the company report |
|---|---|---|
| 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
| Metrics | FY 2022-23 | FY 2021-22in the company report |
|---|---|---|
| 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, and every line for FY 2021-22, 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.
: available in the company report
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 |
Auditor Details
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 |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
Magic Potion Ventures Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding
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 |
: available in the company report
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance
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%
: available in the company report
Recent Activity
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
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
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 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
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 has 2 current directors:
- Vikas Balhara - Director
- Pratiroop Mehta - Director
The latest financial statements of Magic Potion Ventures on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2022 are in the company report.
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.
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).
Magic Potion Ventures can be reached through the website thegoodhome.co.in. Its registered office is in Delhi, India.