Magic Software Private Limited - Company Profile

It is a information technology private limited company based in New Delhi, Delhi, India, established in 1990.

1990 New Delhi, Delhi, India Active

Last Updated: December 22, 2025

About Magic Software Private Limited

Magic Software Private Limited, a active private limited company, was established on 12 February 1990 in New Delhi, Delhi, India. Engaging in software development & support services within the information and communication sector, it holds CIN: U74899DL1990PTC039180. Registered under ROC Roc Delhi. it is unlisted. It has an authorized capital of ₹22.50 Cr and a paid-up capital of ₹18.00 Cr.

It upholds a compliant status. Employing 924 professional, Its leadership includes Sumit Bansal (Director), Akhtar Hussain Kamdar (Director), Arjun Malhotra (Director). Past directors included Anuraj Soni, Datla Hari Varma, Sumit Bansal. It holds no open charges and ₹6.99 Cr settled loans. Its latest AGM occurred on 27 September 2024, with the balance sheet filed on 31 March 2024. It is based at First Floor, The Great Eastern Centre 70 Nehru Place, Behind Ifci Tower, New Delhi, Delhi, 110019.

Company Details

CIN/LLPIN
U74899DL1990PTC039180
Registration Number
039180
Incorporation Date
12 February 1990
Authorized Capital
₹22.50 Cr
Paid-Up Capital
₹18.00 Cr
ROC Code
Roc Delhi
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 22.50 Cr as on 22-12-2025
Paid Up Capital ₹ 18.00 Cr as on 22-12-2025
Company Age 36 Year, 24 Days
Last Filing with ROC 31 Mar 2024
Satisfied Charges ₹ 6.99 Cr as on 22-12-2025
Revenue Growth **** 37.00% (FY 2023)
Profit Growth **** 29.04% (FY 2023)
Ebitda **** 22.60% (FY 2023)
Net Worth 35.85% (FY 2023)
Total Assets **** 29.20% (FY 2023)

Comprehensive Company Insights

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

Access Report

Who are the key members and board of directors at Magic Software Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Sumit Bansal	Director	19 Feb 2021	Current
Akhtar Hussain Kamdar	Director	23 Jan 2017	Current
Arjun Malhotra	Director	30 Sep 2014	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	08 Apr 2021	Past
Pramod Abcsdd	Director	23 Jan 2017	Past
Pramod Abcsdd	Additional Director	27 Aug 2021	Past
Pramod Abcsdd	Additional Director	23 Jan 2017	Past
Pramod Abcsdd	Director	31 Dec 2020	Past
Pramod Abcsdd	Key Managerial Personnel	-	Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Magic Software.

Magic Software Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 37% increase. The company also saw a substantial improvement in profitability, with a 29.04% increase in profit. The company's net worth Soared by an impressive increase of 35.85%.

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

Upgrade Required

Full access to Financial is available only for users with an active Premium plan.

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

********

37.00%

*******

Revenue from Operations

*******

35.58%

*******

Total Assets

*******

29.20%

*******

Profit or Loss

*******

29.04%

*******

Net Worth

*******

35.85%

*******

EBITDA

*******

22.60%

*******

Discover detailed financial data and - Unlock financial today!

What is the Ownership and Shareholding Structure of Magic Software?

In 2023, Magic Software 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)

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

Upgrade Required

Full access to Ownership and Shareholding Structure is available only for users with an active Premium plan.

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹69,936,836.00

Charges Breakdown by Lending Institutions

The Royal Bank Of Scotland N.V. : 4.25 Cr
Syndicate Bank : 1.61 Cr
Icici Bank Limited : 1.14 Cr

Latest Charge Details

Date	Lender	Amount	Status
15 Sep 2008	Icici Bank Limited	₹1.89 M	Satisfied
29 Jul 2008	Icici Bank Limited	₹4.52 M	Satisfied
25 Mar 2008	The Royal Bank Of Scotland N.V.	₹4.25 Cr	Satisfied
01 Oct 2007	Icici Bank Limited	₹2.13 M	Satisfied
27 Sep 2007	Icici Bank Limited	₹2.81 M	Satisfied

Explore comprehensive loan charge details -

How Many Employees Work at Magic Software?

Magic Software has a workforce of 924 employees as of Apr 04, 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

Upgrade Required

Full access to People is available only for users with an active Premium plan.

Deals i

Gain comprehensive insights into the Deals and Valuation data of Magic Software, 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's trajectory.

Rating

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

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.

Explore deal ratings and alerts - Get instant access now!

Latest Updates, News, and FAQs on Magic Software

Recent Activity within the Organization

Annual General Meeting

The activity Magic Software Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records. was completed.
27 Sep 2024
Balance Sheet

Progress on Magic Software Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi. was documented.
31 Mar 2024
Director Appointment

Progress on Sumit Bansal was appointed as a Director was appointed as a Director on 19 Feb 2021 & has been associated with this company since 5 years 17 days . was documented.
19 Feb 2021
Director Appointment

Priyanka Mishra was appointed as a Company Secretary was appointed as a Company Secretary on 01 Jan 2018 & has been associated with this company since 8 years 2 months . was recorded as a recent event.
01 Jan 2018
Director Appointment

Akhtar Hussain Kamdar was appointed as a Director was appointed as a Director on 23 Jan 2017 & has been associated with this company since 9 years 1 month . was recorded as a recent event.
23 Jan 2017
Director Appointment

Progress on Arjun Malhotra was appointed as a Director was appointed as a Director on 30 Sep 2014 & has been associated with this company since 11 years 5 months . was documented.
30 Sep 2014

Explore recent activity and updates - View Recent Activity