About Magicbricks Realty Services Limited
Data last updated:
Magicbricks Realty Services Limited is a public limited company based in New Delhi, Delhi, India, a subsidiary of Times Internet Limited. It specialises in online real estate platforms, a part of the broader internet and digital services sector. Incorporated on 19 August 2013, the company has been in operation for over 13 years.
Registered with ROC Delhi under CIN U70109DL2013PLC256668.
Capital: an authorised share capital of ₹315 Cr and a paid-up capital of ₹158.05 Cr. It is led by directors including Revati Jain and Vineet Jain.
Last AGM: 27 September 2024. Financial statements filed for year ended 31 March 2023. Office: Unit No. 406 4Th Floor West Wing Worldmark 1, Asset Area No.11 Hospitality District Delhi Aerocity, New Delhi, Delhi, India – 110037.
As per the financials filed for FY 2023, the company reported a revenue of ₹308.09 Cr, a growth of 23% compared to the previous year.
It operates as a subsidiary of Times Internet Limited.
The company is associated with 1 brand - Properji. As per MCA filings, the company has open charges of ₹10 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website magicbricks.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressUnit No. 406 4Th Floor West Wing Worldmark 1, Asset Area No.11 Hospitality District Delhi Aerocity, New Delhi, Delhi, India – 110037
- IndustryInternet, Online Real Estate Platforms
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Magicbricks Realty Services
Magicbricks Realty Services operates one associated brand: Properji. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online property brokerage is provided for buyers with advisory services. | properji.com |
Competitors & Alternatives of Magicbricks Realty Services
Brands and companies operating in the same space as Magicbricks Realty Services Limited include QuintoAndar, Compass, Purplebricks and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 QuintoAndar | Rental properties are brokered online for seekers and owners. | Sao Paulo, Brazil, Brazil | 2012 |
 Compass | Online brokerage for residential properties is facilitated via mobile apps. | New York, United States, United States | 2012 |
 Purplebricks | App-based brokerage services for residential property sales are offered. | Solihull, United Kingdom, United Kingdom | 2012 |
 Homeday | Online brokerage firm for buying/selling of real estate properties | Berlin, Germany, Germany | 2014 |
 FangDD | Real estate platform offering services to property developers, brokerage agencies & home buyers | Shenzhen, China, China | 2011 |
 Sundae | Sundae is focused on helping homeowners sell properties off-market. | San Francisco, United States, United States | 2018 |
 Housfy | Online brokerage for residential properties is provided to sellers. | Barcelona, Spain, Spain | 2016 |
 Funda | Residential properties are listed and searched via an online platform. | Amsterdam, Netherlands, Netherlands | 1900 |
 SquareFoot | Commercial real estate is brokered online for searches and negotiations. | New York, United States, United States | 2011 |
Business Activity of Magicbricks Realty Services
The main business activity of Magicbricks Realty Services is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal | Locked |
Business activity turnover details for Magicbricks Realty Services Limited
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.
Auditor Details of Magicbricks Realty Services
Magicbricks Realty Services Limited is audited by Walker Chandiok & Co. LLP for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Walker Chandiok & Co. LLP | Locked | Locked | Locked |
Complete auditor history for Magicbricks Realty Services Limited
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 Magicbricks Realty Services Limited
Magicbricks Realty Services has 4 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Revati Jain Also directs: Bennett Coleman and Company Limited, Times United Private Limited, Times Zenith Private Limited and 5 more | Director | 19 Jul 2023 | 3 Years 2 Months | Current |
| Vineet Jain Also directs: Entertainment Network (India) Limited, Bennett Coleman and Company Limited, Times Global Broadcasting Company Limited and 5 more | Director | 19 Jul 2023 | 3 Years 2 Months | Current |
| Sudhir Pai | Whole-Time Director | 19 Aug 2013 | 13 Years 1 Months | Current |
| Subramanian Narayanan Also directs: Entertainment Network (India) Limited, Bennett Coleman and Company Limited, Times United Private Limited and 5 more | Director | 19 Jul 2023 | 3 Years 2 Months | Current |
Financials of Magicbricks Realty Services Limited FY 2023 filings available
Magicbricks Realty Services Limited reported revenue of ₹308.09 Cr (up 23.00% YoY) for FY 2023.
Ten-year financial statements for Magicbricks Realty Services Limited
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.
Ownership and Shareholding of Magicbricks Realty Services
Shareholding and ownership data for Magicbricks Realty Services Limited
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 Magicbricks Realty Services
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Oct 2020 | Others | ₹10 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Magicbricks Realty Services
Magicbricks Realty Services Limited has a workforce of 0 employees as of Apr 09, 2024.
Employee and EPFO history for Magicbricks Realty Services Limited
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.
GST Compliance of Magicbricks Realty Services
GST registrations and filing compliance for Magicbricks Realty Services Limited
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.
Credit Ratings, Litigation & Regulatory Alerts for Magicbricks Realty Services
Credit ratings, litigation, and regulatory alerts for Magicbricks Realty Services Limited
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 Magicbricks Realty Services
MSME payment history for Magicbricks Realty Services Limited
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 Magicbricks Realty Services
Corporate group structure for Magicbricks Realty Services Limited
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.
MCA Filings & Documents of Magicbricks Realty Services
MCA filings and documents for Magicbricks Realty Services Limited
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.
Recent Activity on Magicbricks Realty Services
Recent News on Magicbricks Realty Services
Frequently Asked Questions about Magicbricks Realty Services Limited
Magicbricks Realty Services is an active public limited company in the internet sector based in New Delhi, Delhi, India. It was incorporated on 19 August 2013 (13+ years old) and is registered under CIN U70109DL2013PLC256668.
Magicbricks Realty Services reported revenue of ₹308.09 Cr for FY 2023 (up 23.00% YoY).
The current directors of Magicbricks Realty Services are:
- Revati Jain - Director
- Vineet Jain - Director
- Sudhir Pai - Whole-Time Director
- Subramanian Narayanan - Director
The primary industry of Magicbricks Realty Services is internet. The company specifically operates in online real estate platforms. The company is currently active in this sector.
Magicbricks Realty Services can be reached at the registered office: Unit No. 406 4Th Floor West Wing Worldmark 1, Asset Area No.11 Hospitality District Delhi Aerocity, New Delhi, Delhi, India – 110037, or through the website magicbricks.com.
The authorised capital is ₹315 Cr, and the paid-up capital is ₹158.05 Cr.