Magic Software Enterprises India Private Limited - Company Profile

It is a information technology private limited company based in Pune City, Maharashtra, India, established in 1997.
1997 Pune City, Maharashtra, India Active
Last Updated:
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About Magic Software Enterprises India Private Limited

Magic Software Enterprises India Private Limited, a active private limited company, was established on 08 December 1997 in Pune City, Maharashtra, India. Engaging in it consulting & support services within the information and communication sector, it holds CIN: U72200MH1997PTC112303. Registered under ROC Roc Pune. it is unlisted. It has an authorized capital of ₹5.00 Cr and a paid-up capital of ₹9.90 M.

It upholds a compliant status. Employing 185 professional, Its leadership includes Ashutosh Pravin Mashruwala (Director), Arie Kilman (Director), Asaf Berenstin (Director). Past directors included Nitin Ramesh Bhosle, Ashutosh Pravin Mashruwala, Avikam Perry. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Matrix It Park B Wing, Plot No 64 4 Sangamwadi Mumbai Pune Road, Pune City, Maharashtra, 411005.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U72200MH1997PTC112303

  • Registration Number

    112303

  • Incorporation Date

    08 December 1997

  • Authorized Capital

    ₹5.00 Cr

  • Paid-Up Capital

    ₹9.90 M

  • ROC Code

    Roc Pune

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 9.90 M
  • Company Age 28 Year, 2 Months
  • Last Filing with ROC 31 Mar 2025
  • Revenue Growth **** 14.49%
  • Profit Growth **** 23.69%
  • Ebitda **** 8.73%
  • Net Worth 18.06%
  • Total Assets **** 17.47%
Company report

Magic Software Enterprises India Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Magic Software Enterprises India 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 Software Enterprises India Private Limited?
Current Directors
Name Designation Appointment Date Status
Ashutosh Pravin Mashruwala Director 09 Dec 2021 Current
Arie Kilman Director 30 Mar 2022 Current
Asaf Berenstin Director 30 Mar 2011 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 31 Mar 2022 Past
Pramod Abcsdd Additional Director 30 Sep 2022 Past
Pramod Abcsdd Director 01 Apr 2011 Past
Pramod Abcsdd Director 31 Oct 2007 Past
Pramod Abcsdd Director 22 Jun 2008 Past
Pramod Abcsdd Additional Director 30 Sep 2022 Past

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Financial Performance of Magic Software Enterprises India.

Magic Software Enterprises India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.49% increase. The company also saw a substantial improvement in profitability, with a 23.69% increase in profit. The company's net worth Soared by an impressive increase of 18.06%.

Magic Software Enterprises India revenue growth over time
Magic Software Enterprises India 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
********
 14.49%
*******
*******
*******
*******
Revenue from Operations
*******
 16.87%
*******
*******
*******
*******
Total Assets
*******
 17.47%
*******
*******
*******
*******
Profit or Loss
*******
 23.69%
*******
*******
*******
*******
Net Worth
*******
 18.06%
*******
*******
*******
*******
EBITDA
*******
 8.73%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Magic Software Enterprises India?

In 2023, Magic Software Enterprises India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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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How Many Employees Work at Magic Software Enterprises India?

Magic Software Enterprises India has a workforce of 185 employees as of Apr 03, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

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

Gain comprehensive insights into the Deals and Valuation data of Magic Software Enterprises India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Magic Software Enterprises India's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
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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 Software Enterprises India
Recent Activity within the Organization
  • Annual General Meeting

    Magic Software Enterprises India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Magic Software Enterprises India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune. was documented.

  • Director Appointment

    Progress on Arie Kilman was appointed as a Director was appointed as a Director on 30 Mar 2022 & has been associated with this company since 3 years 10 months . was documented.

  • Director Appointment

    The activity Ashutosh Pravin Mashruwala was appointed as a Director was appointed as a Director on 09 Dec 2021 & has been associated with this company since 4 years 2 months . was completed.

  • Director Appointment

    Progress on Asaf Berenstin was appointed as a Director was appointed as a Director on 30 Mar 2011 & has been associated with this company since 14 years 10 months . was documented.

  • Company Incorporation

    The activity Magic Software Enterprises India Private Limited was registered on 08 Dec 1997 with Roc Pune & aged 28 years 2 months as per MCA records. was completed.

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Frequently Asked Questions
What is the CIN of Magic Software Enterprises India Private Limited?

The CIN of Magic Software Enterprises India Private Limited is U72200MH1997PTC112303.

Where is Magic Software Enterprises India Private Limited headquartered?

Magic Software Enterprises India Private Limited is headquartered at Matrix It Park B Wing, Plot No 64 4 Sangamwadi Mumbai Pune Road, Pune City, Maharashtra, 411005.

When was Magic Software Enterprises India Private Limited incorporated?

Magic Software Enterprises India Private Limited was incorporated on 08 December 1997.

Who are the current directors of Magic Software Enterprises India Private Limited?

The current directors of Magic Software Enterprises India Private Limited are

What is the primary industry of Magic Software Enterprises India Private Limited?

The primary industry of Magic Software Enterprises India Private Limited is Information And Communication.

Is Magic Software Enterprises India Private Limited a listed company?

Magic Software Enterprises India Private Limited is unlisted.

What is the capital structure of Magic Software Enterprises India Private Limited?

The authorized capital of Magic Software Enterprises India Private Limited is ₹5.00 Cr, and the paid-up capital is ₹9.90 M.

What is the compliance status of Magic Software Enterprises India Private Limited?

The compliance status of Magic Software Enterprises India Private Limited is Compliant.

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