Magicrags Private Limited
About Magicrags Private Limited
Data last updated:
Magicrags Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the support services segment of the services sector. It was incorporated on 02 August 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2016PTC093190. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kalyan Singh Chouhan and Harijan Ashishkumar Kabhaibhai.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Office No.25 1st Floor Orchid Mall Thaltej – Shilaj Road Thaltej, Ahmedabad, Gujarat, India – 380059.
As per the financials filed for FY 2017, the company reported a revenue of ₹9.22 Lakh. For the same year it recorded a net profit of ₹19,689 (net margin 2.1%) and EBITDA of ₹37,986 (EBITDA margin 4.1%).
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressOffice No.25 1st Floor Orchid Mall Thaltej – Shilaj Road Thaltej, Ahmedabad, Gujarat, India – 380059
- IndustryService, Other Support Services
- 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
- One PDF report, delivered after checkout
Business Activity of Magicrags Private Limited
The main business activity of Magicrags is support service to organizations. In detail, this covers housekeeping & maintenance service.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N5 | Housekeeping & maintenance service | Locked |
Business activity turnover details
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.
Financials of Magicrags Private Limited FY 2022 filings available
Magicrags Private Limited reported revenue of ₹9.22 Lakh for FY 2017.
Financial Statement Summary of Magicrags Private Limited
| Metrics | FY 2016-17 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | •••• |
| Other Income | •••• |
| Total Revenue | ₹9.22 Lakh |
| Cost of Materials Consumed | •••• |
| Employee Benefit Expense | •••• |
| Finance Costs | •••• |
| Depreciation and Amortisation | •••• |
| Other Expenses | •••• |
| Total Expenses | •••• |
| EBITDA | ₹37,986 |
| Profit Before Tax | •••• |
| Tax Expense | •••• |
| Net Profit (PAT) | ₹19,689 |
| 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 of Magicrags Private Limited
| Metrics | FY 2016-17 |
|---|---|
| Profitability | |
| EBITDA Margin | 4.1% |
| Net Profit Margin | 2.1% |
| 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 | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Magicrags are in the company report.
Financial statements from FY 2017
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.
Auditor Details of Magicrags Private Limited
Magicrags Private Limited is audited by Priten B Shah & Co for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Priten B Shah & Co | Locked | Locked | Locked |
Complete auditor history
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 Magicrags Private Limited
Magicrags has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kalyan Singh Chouhan | Director | 06 Aug 2022 | 4 Years 2 Months | Current |
| Harijan Ashishkumar Kabhaibhai | Director | 15 Jan 2019 | 7 Years 8 Months | Current |
Ownership and Shareholding of Magicrags Private Limited
Shareholding and ownership data
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 Magicrags Private Limited
Magicrags Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Magicrags Private Limited
Magicrags Private Limited has a workforce of 0 employees as of Apr 02, 2024.
Employee and EPFO history
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.
Recent Activity on Magicrags Private Limited
Director changes at Magicrags Private Limited
Magicrags Private Limited has 4 board changes on record since 2019: 2 appointments and 2 cessations. The latest: Dilip Kalal ceased to be Director on 20 Sep 2022.
Credit Ratings, Litigation & Regulatory Alerts for Magicrags Private Limited
Credit ratings, litigation, and regulatory alerts
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 Magicrags Private Limited
MSME payment history
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 Magicrags Private Limited
Corporate group structure
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.
GST Compliance of Magicrags Private Limited
Magicrags has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
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.
MCA Filings & Documents of Magicrags Private Limited
MCA filings and documents
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.
Frequently Asked Questions about Magicrags Private Limited
Magicrags is an active private limited company based in Ahmedabad, Gujarat, India. The company works in other support services, within the service industry. It was incorporated on 02 August 2016 (10+ years old) and is registered under CIN U74999GJ2016PTC093190.
Magicrags reported revenue of ₹9.22 Lakh for FY 2017.
Magicrags has 2 current directors:
- Kalyan Singh Chouhan - Director
- Harijan Ashishkumar Kabhaibhai - Director
Magicrags reported a net profit of ₹19,689 (net margin 2.1%) and EBITDA of ₹37,986 (EBITDA margin 4.1%) for FY 2017, as per its filed financial statements.
No. Magicrags has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Magicrags is U74999GJ2016PTC093190. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magicrags was incorporated on 02 August 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Dilip Kalal ceased to be Director on 20 Sep 2022. Kalyan Singh Chouhan was appointed as Director on 06 Aug 2022. Anurodh Jain ceased to be Director on 18 Jan 2019. Magicrags has 4 board changes on record in total.
The registered office of Magicrags is at Office No.25 1st Floor Orchid Mall Thaltej – Shilaj Road Thaltej, Ahmedabad, Gujarat, India – 380059.
Magicrags has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.