Magic Retail Ventures Private Limited - Company Profile

It is a consumer goods private limited company based in Mumbai, Maharashtra, India, established in 2005.
2005 Mumbai, Maharashtra, India Active
Last Updated:
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About Magic Retail Ventures Private Limited

Magic Retail Ventures Private Limited, a active private limited company, was established on 17 October 2005 in Mumbai, Maharashtra, India. Engaging in accessories retail & distribution within the trade sector, it holds CIN: U52110MH2005PTC156984. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹0.10 M and a paid-up capital of ₹0.10 M.

It upholds a compliant status. Its leadership includes Jitendra Himmatlal Shah (Whole-Time Director), Chirag Jitendra Shah (Managing Director). It holds ₹2.00 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 101, Gokul Arcade Premises Co-Op. Society Swami Nityananda Road, Vile Parle East, Mumbai, Maharashtra, 400057.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U52110MH2005PTC156984

  • Registration Number

    156984

  • Incorporation Date

    17 October 2005

  • Authorized Capital

    ₹0.10 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 20 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.00 Cr
  • Revenue Growth **** 64.43%
  • Profit Growth **** 23.87%
  • Ebitda **** 28.79%
  • Net Worth 93.33%
  • Total Assets **** 30.43%
Company report

Magic Retail Ventures Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Magic Retail Ventures Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Magic Retail Ventures Private Limited?
Current Directors
Name Designation Appointment Date Status
Jitendra Himmatlal Shah Whole-Time Director 17 Oct 2005 Current
Chirag Jitendra Shah Managing Director 17 Oct 2005 Current

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Financial Performance of Magic Retail Ventures.

Magic Retail Ventures Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 64.43% increase. The company also saw a substantial improvement in profitability, with a 23.87% increase in profit. The company's net worth Soared by an impressive increase of 93.33%.

Magic Retail Ventures revenue growth over time
Magic Retail Ventures 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
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 64.43%
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*******
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Revenue from Operations
*******
 64.08%
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*******
*******
Total Assets
*******
 30.43%
*******
*******
*******
*******
Profit or Loss
*******
 23.87%
*******
*******
*******
*******
Net Worth
*******
 93.33%
*******
*******
*******
*******
EBITDA
*******
 28.79%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Magic Retail Ventures?

Unlock access to Magic Retail Ventures's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

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

₹20,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Yes Bank Limited : 2.00 Cr
Latest Charge Details
Date Lender Amount Status
10 Sep 2024 Yes Bank Limited ₹2.00 Cr Open

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How Many Employees Work at Magic Retail Ventures?

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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
Graph displaying rating trends over time

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Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Magic Retail Ventures
Recent Activity within the Organization
  • Charges

    The activity A charge with Yes Bank Limited of Rs. 20.00 M registered on 10 Sep 2024 with Charge ID 100982108 was modified on 22 Oct 2024. was completed.

  • Annual General Meeting

    The activity Magic Retail Ventures Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Charges

    The activity A charge with Yes Bank Limited amounted to Rs. 20.00 M with Charge ID 100982108 was registered on 10 Sep 2024. was completed.

  • Balance Sheet

    Progress on Magic Retail Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was documented.

  • Director Appointment

    Progress on Jitendra Himmatlal Shah was appointed as a Whole-time director was appointed as a Whole-time director on 17 Oct 2005 & has been associated with this company since 20 years 4 months . was documented.

  • Director Appointment

    Chirag Jitendra Shah was appointed as a Managing Director was appointed as a Managing Director on 17 Oct 2005 & has been associated with this company since 20 years 4 months . was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Magic Retail Ventures Private Limited?

The CIN of Magic Retail Ventures Private Limited is U52110MH2005PTC156984.

Where is Magic Retail Ventures Private Limited headquartered?

Magic Retail Ventures Private Limited is headquartered at 101, Gokul Arcade Premises Co-Op. Society Swami Nityananda Road, Vile Parle East, Mumbai, Maharashtra, 400057.

When was Magic Retail Ventures Private Limited incorporated?

Magic Retail Ventures Private Limited was incorporated on 17 October 2005.

Who are the current directors of Magic Retail Ventures Private Limited?

The current directors of Magic Retail Ventures Private Limited are

What is the primary industry of Magic Retail Ventures Private Limited?

The primary industry of Magic Retail Ventures Private Limited is Trade.

Is Magic Retail Ventures Private Limited a listed company?

Magic Retail Ventures Private Limited is unlisted.

What is the capital structure of Magic Retail Ventures Private Limited?

The authorized capital of Magic Retail Ventures Private Limited is ₹0.10 M, and the paid-up capital is ₹0.10 M.

What is the compliance status of Magic Retail Ventures Private Limited?

The compliance status of Magic Retail Ventures Private Limited is Compliant.

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