About Magic Properties Private Limited
Data last updated:
Magic Properties Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Hive Carbon-Zero Developers Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 17 November 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH1994PTC083042. Its GSTIN is 27AACCM6426F1ZK (Maharashtra).
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹4.51 Cr. It is led by directors Gunashekhar Kashi Vishwanathan and Yifei Wang.
Its last annual general meeting (AGM) was held on 28 December 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Ground Flr Rajpipla Opp. Standard Chartered Bank Linking Road Santacruz (West), Mumbai, Maharashtra, India – 400054.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.27 Lakh, a growth of 18% compared to the previous year. For the same year it recorded a net loss of ₹2.74 Cr and EBITDA of -₹2.72 Cr. Revenue has declined at a compounded annual rate (CAGR) of 91% over three years and 72% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹274.29 Cr on record. Court records list 285 cases involving the company, including 26 filed by the company and 14 filed against it; 74 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ahujagroup.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressGround Flr Rajpipla Opp. Standard Chartered Bank Linking Road Santacruz (West), Mumbai, Maharashtra, India – 400054
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
Business Activity of Magic Properties Private Limited
The main business activity of Magic Properties is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | Locked |
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 Properties Private Limited FY 2022 filings available
Magic Properties Private Limited reported revenue of ₹1.27 Lakh (up 18% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Magic Properties Private Limited
Revenue rose 18% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 72%. EBITDA fell 73% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Magic Properties Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹1.27 Lakh | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹2.72 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.74 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 Properties Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Properties are in the company report.
Financial statements from 2015
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.
Peer Comparison of Magic Properties Private Limited
Magic Properties Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ahemedabad Realty Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Crescent Agro & Infradevelopers Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Dace Dealcom Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Regal Highrise Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Dhimahi Infra Private Limited | •••• | •••• | •••• | •••• | - | Vadodara, Gujarat, India |
| Magic Properties Private Limited this company | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Destihomz Buildwell Private Limited | •••• | •••• | •••• | •••• | - | Rampur, Uttar Pradesh, India |
| Atos Projects Private Limited | •••• | •••• | •••• | •••• | - | Noida, Uttar Pradesh, India |
| Proprent Era Estates Private Limited | •••• | •••• | •••• | •••• | - | Rampur, Uttar Pradesh, India |
| Kripra Real Estate Private Limited | •••• | •••• | •••• | •••• | - | Ludhiana, Punjab, India |
| Gold Piller Infra Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Magic Properties by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Magic Properties Private Limited
Magic Properties Private Limited is audited by Manjunath Gowda & Associates for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Manjunath Gowda & Associates | Locked | Locked | Locked |
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.
Board of Directors of Magic Properties Private Limited
Magic Properties 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 |
|---|---|---|---|---|
| Gunashekhar Kashi Vishwanathan Also directs: Nanban Apparel LLP, Shree Ahuja Properties Private Limited, Pushpanjali Realtors Private Limited and 3 more | Director | 04 Dec 2023 | 2 Years 10 Months | Current |
| Yifei Wang | Director | 01 Oct 2019 | 7 Years 0 Months | Current |
Ownership and Shareholding of Magic Properties Private Limited
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 Properties Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Mar 2018 | Others | ₹45 Cr | Satisfied |
| 22 Mar 2018 | Others | ₹120 Cr | Satisfied |
| 19 Aug 2015 | The Cosmos Co-Op Bank Ltd | ₹22 Cr | Satisfied |
| 04 Feb 2014 | Idbi Trusteeship Services Limited | ₹60 Cr | Satisfied |
| 01 Mar 2012 | The Cosmos Co-Op Bank Ltd | ₹27.25 Cr | Satisfied |
Total charge records: 6 View all charges
Legal Cases of Magic Properties Private Limited
Magic Properties Private Limited has 285 court cases on record: 26 filed by Magic Properties, 14 filed against it, 245 where it is another party. 74 cases are pending and 211 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 208 | 0 | 64 |
| High courts | 70 | 10 | 10 |
| Supreme Court | 7 | 4 | 0 |
Cases on record (5 of 285)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (APP) | Company is another party | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI APPEAL) | Company is another party | Pending |
| Bombay High Court | Interim or miscellaneous application | Company is another party | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI BAIL APPLN) | Company is another party | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI M A) | Company is another party | Pending |
Full case history
All 285 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Magic Properties Private Limited
Magic Properties Private Limited has a workforce of 8 employees as of Apr 05, 2024.
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 Properties Private Limited
Magic Properties Private Limited has 14 board changes on record since 2014: 2 appointments and 12 cessations. The latest: Gunashekhar Kashi Vishwanathan ceased to be Additional Director on 27 Dec 2023.
17 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Magic Properties Private Limited
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 Properties Private Limited
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 Properties Private Limited
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 Properties Private Limited
Magic Properties has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCM6426F1ZK | Maharashtra | Active | 01 Jul 2017 |
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 Properties Private Limited
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 Properties Private Limited
Magic Properties is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 17 November 1994 (32+ years old) and is registered under CIN U45200MH1994PTC083042.
Magic Properties reported revenue of ₹1.27 Lakh for FY 2022 (up 18% YoY).
Magic Properties has 2 current directors:
- Gunashekhar Kashi Vishwanathan - Director
- Yifei Wang - Director
Magic Properties reported a net loss of ₹2.74 Cr and EBITDA of -₹2.72 Cr for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Magic Properties is -91% over three years and -72% over five years. In the latest year (FY 2022) revenue rose 18%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Magic Properties is 27AACCM6426F1ZK, registered in Maharashtra.
The CIN (Corporate Identification Number) of Magic Properties is U45200MH1994PTC083042. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magic Properties has 285 court cases on record: 26 filed by the company and 14 filed against it. 74 are pending. Most are in the district courts.
Magic Properties was incorporated on 17 November 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Magic Properties by revenue are Ahemedabad Realty Private Limited, Crescent Agro & Infradevelopers Private Limited, Dace Dealcom Private Limited, Regal Highrise Private Limited, Dhimahi Infra Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Gunashekhar Kashi Vishwanathan ceased to be Additional Director on 27 Dec 2023. Gunashekhar Kashi Vishwanathan was appointed as Director on 04 Dec 2023. Chandrahas Yellappa Kotian ceased to be Additional Director on 28 Feb 2023. Magic Properties has 14 board changes on record in total.