MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2021-22)
- Udyam number
- UDYAM-DL-06-0024968
Magicon Impex Private Limited - consumer electronics & durables in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2019
₹292.94 Cr
▼ 15% YoY
Net profit · FY 2019
₹9.99 Lakh
Net margin 0%
EBITDA · FY 2019
₹7.94 Cr
EBITDA margin 2.7%
Authorised capital
₹10.5 Cr
Registered with MCA
Paid-up capital
₹4.34 Cr
Issued & subscribed
Open charges
₹7.01 Cr
Satisfied ₹31.06 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
372
Provident fund records
About Magicon Impex Private Limited
Data last updated:
Magicon Impex Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 27 July 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U32201DL2004PTC127870. Its GSTIN is 07AAACU7019G1ZF (Delhi). The company holds 24 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹10.5 Cr and a paid-up capital of ₹4.34 Cr. It was formerly known as Uniword Telesystems Private Limited and Unicon Telesystems Private Limited. It is led by directors Navin Krishen Monga and Gurdeep Singh Suddan.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at A – 186 A Block, Mahipalpur South West Delhi, New Delhi, Delhi, India – 110037.
As per the financials filed for FY 2019, the company reported a revenue of ₹292.94 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹9.99 Lakh (net margin 0%) and EBITDA of ₹7.94 Cr (EBITDA margin 2.7%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years.
The company has about 372 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: JIVI Mobiles. As per MCA filings, the company has open charges of ₹7.01 Cr and satisfied charges of ₹31.06 Cr on record. Court records list 83 cases involving the company, including 19 filed by the company and 64 filed against it; 23 cases are pending. The company has 4 deals on record (2 rights issues, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹2.5 Cr; the latest was in April 2019. Its 3 peer companies in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (retail trading) are compared by revenue, 2 larger and 1 smaller; the largest is Kripa Anand Rishi Cellular Private Limited with revenue of ₹297.66 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 16 overdue payments to 16 micro and small suppliers.
Magicon Impex Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-06-0024968). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jivi.in.
Company details
CIN U32201DL2004PTC127870
Registration Number 127870
Incorporation Date 27 July 2004
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2019
Date of Balance Sheet 31 March 2019
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-DL-06-0024968
Name history
Magicon Impex has undergone 2 name changes throughout its history. The company was previously known as Uniword Telesystems Private Limited, and Unicon Telesystems Private Limited. The current legal name is Magicon Impex Private Limited.
| Company Name | Status |
|---|---|
| Magicon Impex Private Limited | Current |
| Uniword Telesystems Private Limited | Previous |
| Unicon Telesystems Private Limited | Previous |
Recognitions & Rankings of Magicon Impex
Contact details
Magicon Impex Private Limited's registered office is in New Delhi, Delhi. Its website is jivi.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressA – 186 A Block, Mahipalpur South West Delhi, New Delhi, Delhi, India – 110037
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Magicon Impex Private Limited, buy the company report.
Comprehensive company report
Magicon Impex Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Brands
Magicon Impex operates one associated brand: JIVI Mobiles. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates as a brand specializing in mobile phones for consumer use. | jivi.in |
Business activity
The main business activity of Magicon Impex is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Magicon Impex Private Limited, buy the company report.
Financials of Magicon Impex Private Limited
FY 2019 filings availableMagicon Impex Private Limited reported revenue of ₹292.94 Cr (down 15% YoY) for FY 2019.
Revenue · FY 2019
₹292.94 Cr ▼ 15%
Net profit · FY 2019
₹9.99 Lakh margin 0%
EBITDA · FY 2019
₹7.94 Cr margin 2.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 15%
3 years · compounded
▲ 14%
EBITDA CAGR growth
1 year
▼ 18%
3 years · compounded
▲ 17%
Revenue fell 15% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 14%. EBITDA fell 18% 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
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹292.94 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹7.94 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.99 Lakh | ||||
| 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
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.7% | ||||
| Net Profit Margin | 0% | ||||
| 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 | |||||
To see the full financial statements and ratios of Magicon Impex Private Limited, buy the company report.
Board of directors of Magicon Impex Private Limited
Magicon Impex has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Navin Krishen Monga | Director | 01 Oct 2018 | 8 Years 0 Months | Current |
| Gurdeep Singh Suddan Also directs: Fixwell Cables Pvt Ltd, Conplex Telecom India Private Limited, Sri Sai Amartya Trading Private Limited and 1 more | Director | 01 Aug 2004 | 22 Years 2 Months | Current |
Peer comparison
Magicon Impex Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kripa Anand Rishi Cellular Private Limited | ₹297.66 Cr (FY 2025) | 43.0% | Pune, Maharashtra, India | |||
| Kohinoor Televideo Private Limited | ₹297.43 Cr (FY 2025) | -5.0% | Mumbai, Maharashtra, India | |||
| Magicon Impex Private Limitedthis company | ₹292.94 Cr (FY 2019) | ₹9.99 Lakh | 0% | -15.0% | 372 | New Delhi, Delhi, India |
| Ar A S Appliances Private Limited | ₹291.78 Cr (FY 2022) | 19.0% | Madurai, Tamil Nadu, India |
To see the full peer comparison of Magicon Impex Private Limited, buy the company report.
Auditor
Magicon Impex Private Limited is audited by Mahesh Kamlesh & Associates for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mahesh Kamlesh & Associates | FY 2019 | 021687N |
Shareholding
The shareholding of Magicon Impex Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Magicon Impex Private Limited, buy the company report.
Charges & borrowings
Open charges
₹7.01 Cr
Satisfied charges
₹31.06 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Jan 2021 | 100416690 | Axis Bank Limited | ₹27.24 Lakh | Open | |
| 27 Mar 2019 | 100254607 | Others | ₹30 Lakh | Open | |
| 21 Sep 2017 | 100165913 | Others | ₹25.44 Lakh | Open | |
| 19 Mar 2015 | 10569778 | Others | ₹6 Cr | Open | |
| 14 Feb 2014 | 10486983 | Punjab National Bank | ₹9.1 Lakh | Open |
To see the full charge records of Magicon Impex Private Limited, buy the company report.
Total charge records: 14 View all charges
Deals & funding
Magicon Impex Private Limited has 4 deals on record (2 rights issues, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹2.5 Cr; the latest was in April 2019.
Total deals
4
Rights issues
2
Funding round
1
Secondary share transfer
1
Disclosed funding
₹2.5 Cr
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2019 | Rights issue | ₹1.28 Cr | Investors: an individual |
| Jun 2015 | Rights issue | ₹51 Lakh | Investors: an individual |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2011 | Funding round | ₹2.5 Cr | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Magicon Impex Private Limited has 83 court cases on record: 19 filed by Magicon Impex, 64 filed against it. 23 cases are pending and 60 are disposed.
Total cases
83
Filed by the company
19
Filed against the company
64
Pending
23
Disposed
60
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 62 | 56 | 22 |
| High courts | 16 | 3 | 1 |
| NCLAT | 4 | 4 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 83)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Civil suit | Filed against the company by Shyam Spectra Pvt. Ltd. | Pending |
| District court, South West, Delhi | Cheque dishonour complaint | Filed against the company by Rattanindia Finance Pvt Ltd | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by Rattan India Finance Ltd. | Pending |
| District court, South West, Delhi | Execution petition | Filed against the company by Alp Safety and Security Services Pvt Ltd | Disposed |
| High Court of Delhi | Court case (C.R.P.) | Filed by the company against Indostar Capital Finance Ltd | Disposed |
To see the full case history of Magicon Impex Private Limited, buy the company report.
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.
MSME payment delays
Magicon Impex Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 16 overdue payments to 16 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 16)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Acsure Exim Private Limited | |||
| an individual supplier | |||
| G M S Worldwide Express Private Limited | |||
| Relay Express Private Limited | |||
| Eminet Offset |
To see the full MSME payment records of Magicon Impex Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Magicon Impex Private Limited has a workforce of 372 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
372
Active EPFO establishments
1
Employee growth
-20.85%
GST
Magicon Impex has 24 GST registrations: 4 active and 20 cancelled or inactive.
Total GSTINs
24
Active
4
Cancelled / inactive
20
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACU7019G1ZF | Delhi | Active | 01 Jul 2017 |
| 20AAACU7019G1ZR | Jharkhand | Active | 01 Jul 2017 |
| 23AAACU7019G1ZL | Madhya Pradesh | Active | 01 Jul 2017 |
| 27AAACU7019G1ZD | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Magicon Impex Private Limited, buy the company report.
Recent activity
Magicon Impex Private Limited has 4 board changes on record since 2004: 2 appointments and 2 cessations. The latest: Santosh Suddan ceased to be Director on 25 Jan 2020.
Charges
A charge registered on 29 Jun 2019 via Charge ID 100288199 with Others was fully satisfied on 03 May 2024.
Charges
A charge registered on 12 Dec 2017 via Charge ID 100145347 with Axis Bank Limited was fully satisfied on 17 Apr 2023.
Charges
A charge registered on 30 Jan 2021 via Charge ID 100408346 with Others was fully satisfied on 28 Mar 2023.
Charges
A charge with Others amounted to Rs. 1.17 Cr with Charge ID 100408346 was registered on 30 Jan 2021.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.27 Cr with Charge ID 100416690 was registered on 14 Jan 2021.
Charges
A charge with Others of Rs. 6.00 Cr registered on 19 Mar 2015 with Charge ID 10569778 was modified on 27 Oct 2020.
Ceased
Santosh Suddan ceased to be Director.
AGM
Magicon Impex Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.
Ceased
Navin Krishen Monga ceased to be Additional Director.
Charges
A charge registered on 12 Feb 2016 via Charge ID 10620284 with Indiabulls Housing Finance Limited was fully satisfied on 21 Aug 2019.
Charges
A charge with Others amounted to Rs. 6.00 Cr with Charge ID 100288199 was registered on 29 Jun 2019.
Filing
Magicon Impex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Delhi.
18 earlier events are in the company report.
News
Frequently asked questions
Magicon Impex is an active private limited company based in New Delhi, Delhi, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 27 July 2004 (22+ years old) and is registered under CIN U32201DL2004PTC127870.
Magicon Impex has 2 current directors:
- Navin Krishen Monga - Director
- Gurdeep Singh Suddan - Director
The latest financial statements of Magicon Impex on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Magicon Impex is 07AAACU7019G1ZF, registered in Delhi. The company has 24 GST registrations in all, of which 4 are active and 20 are cancelled or inactive. Other active GSTINs include 20AAACU7019G1ZR (Jharkhand), 23AAACU7019G1ZL (Madhya Pradesh), 27AAACU7019G1ZD (Maharashtra).
The CIN (Corporate Identification Number) of Magicon Impex is U32201DL2004PTC127870. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magicon Impex has 83 court cases on record: 19 filed by the company and 64 filed against it. 23 are pending. Most are in the district courts.
Magicon Impex was incorporated on 27 July 2004, making it 22+ years old. It is registered with the Registrar of Companies, Delhi.
Magicon Impex has 4 deals on record (2 rights issues, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹2.5 Cr; the latest was in April 2019.
The peers of Magicon Impex by revenue are Kripa Anand Rishi Cellular Private Limited, Kohinoor Televideo Private Limited, Ar A S Appliances Private Limited, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (retail trading).
Santosh Suddan ceased to be Director on 25 Jan 2020. Navin Krishen Monga ceased to be Additional Director on 30 Sep 2019. Navin Krishen Monga was appointed as Director on 01 Oct 2018. Magicon Impex has 4 board changes on record in total.
Yes, Magicon Impex is registered as a medium enterprise under Udyam registration (number: UDYAM-DL-06-0024968).
Magicon Impex has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 16 overdue payments to 16 micro and small suppliers. The latest return was filed on 07 Jun 2019.