Magicrete Building Solutions Private Limited - Company Profile

It is a manufacturing private limited company based in Mumbai, Maharashtra, India, established in 2008.
2008 Mumbai, Maharashtra, India Active
Last Updated:
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About Magicrete Building Solutions Private Limited

Magicrete Building Solutions Private Limited, a active private limited company, was established on 24 April 2008 in Mumbai, Maharashtra, India. Engaging in construction materials within the financial and insurance service sector, it holds CIN: U26931MH2008PTC243333. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹3.50 Cr and a paid-up capital of ₹2.76 M.

It upholds a compliant status. Employing 361 professional, Its leadership includes Adit Harshad Dawda (Nominee Director), Sourabh Bimalkumar Bansal (Managing Director), Siddharth Bimal Bansal (Whole-Time Director). Past directors included Vishal Kumar Gupta, Vinodkumar Chothmal Mittal, Sourabh Bimalkumar Bansal. It holds ₹223.22 Cr open charges and ₹196.66 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Unit No. 401, 4Th Floor, Sunil Enclave, Pereira Hill Road, Andheri Kurla Road, Andheri E, Ast,, Mumbai, Maharashtra, 400099.

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

    +91-XXXXXXXXXX

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

Company Details

  • CIN/LLPIN

    U26931MH2008PTC243333

  • Registration Number

    243333

  • Incorporation Date

    24 April 2008

  • Authorized Capital

    ₹3.50 Cr

  • Paid-Up Capital

    ₹2.76 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 3.50 Cr
  • Paid Up Capital ₹ 2.76 M
  • Company Age 17 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 223.22 Cr
  • Satisfied Charges ₹ 196.66 Cr
  • Revenue Growth **** 13.44%
  • Profit Growth **** -52.42%
  • Ebitda **** -53.52%
  • Net Worth 10.24%
  • Total Assets **** 20.41%
Company report

Magicrete Building Solutions Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Magicrete Building Solutions 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 Magicrete Building Solutions Private Limited?
Current Directors
Name Designation Appointment Date Status
Adit Harshad Dawda Nominee Director 09 Jun 2025 Current
Sourabh Bimalkumar Bansal Managing Director 24 Apr 2008 Current
Siddharth Bimal Bansal Whole-Time Director 24 Apr 2008 Current
Sunilkumar Nandlal Roongta Director 05 May 2008 Current
Prakash Bagla Nominee Director 14 Mar 2013 Current
Puneet Vinod Mittal Whole-Time Director 26 Jul 2012 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Nominee Director 18 Aug 2014 Past
Pramod Abcsdd Director 27 Sep 2023 Past
Pramod Abcsdd Director 01 Oct 2013 Past
Pramod Abcsdd Director 24 Feb 2023 Past
Pramod Abcsdd Nominee Director 09 Jun 2025 Past
Pramod Abcsdd Director 24 Feb 2023 Past

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Financial Performance of Magicrete Building Solutions.

Magicrete Building Solutions Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 13.44% increase. The company also saw a substantial fall in profitability, with a 52.42% decrease in profit. The company's net worth Soared by an impressive increase of 10.24%.

Magicrete Building Solutions revenue growth over time
Magicrete Building Solutions 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
********
 13.44%
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*******
*******
Revenue from Operations
*******
 9.86%
*******
*******
*******
*******
Total Assets
*******
 20.41%
*******
*******
*******
*******
Profit or Loss
*******
 -52.42%
*******
*******
*******
*******
Net Worth
*******
 10.24%
*******
*******
*******
*******
EBITDA
*******
 -53.52%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Magicrete Building Solutions?

In 2024, Magicrete Building Solutions had a promoter holding of 12.66% and a public holding of 87.35%. The company had 2 Subsidiaries. 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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Charges (Loans)
Open Charges

₹2,232,211,000.00

Satisfied Charges

₹1,966,600,000.00

Charges Breakdown by Lending Institutions
  • Axis Bank Limited : 117.73 Cr
  • Others : 86.00 Cr
  • Hdfc Bank Limited : 19.49 Cr
Latest Charge Details
Date Lender Amount Status
29 Nov 2024 Hdfc Bank Limited ₹3.00 M Open
29 Nov 2024 Hdfc Bank Limited ₹3.00 M Open
25 Nov 2024 Axis Bank Limited ₹5.00 Cr Open
30 Sep 2024 Hdfc Bank Limited ₹7.31 M Open
21 Sep 2024 Hdfc Bank Limited ₹2.16 Cr Open

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How Many Employees Work at Magicrete Building Solutions?

Magicrete Building Solutions has a workforce of 361 employees as of Dec 20, 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 Magicrete Building Solutions, 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 Magicrete Building Solutions'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
Alert Indicator

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 Magicrete Building Solutions
Recent Activity within the Organization
  • Charges

    Progress on A charge with Axis Bank Limited of Rs. 48.74 Cr registered on 19 May 2022 with Charge ID 100580716 was modified on 15 Nov 2025. was documented.

  • Charges

    Progress on A charge with Axis Bank Limited of Rs. 48.74 Cr registered on 29 Dec 2021 with Charge ID 100539020 was modified on 15 Nov 2025. was documented.

  • Charges

    A charge with Others of Rs. 64.00 Cr registered on 29 Dec 2018 with Charge ID 100231693 was modified on 06 Nov 2025. was recorded as a recent event.

  • Charges

    A charge registered on 10 Feb 2025 via Charge ID 101047664 with Others was fully satisfied on 15 Oct 2025. was recorded as a recent event.

  • Charges

    A charge registered on 22 Feb 2023 via Charge ID 100690362 with Others was fully satisfied on 04 Sep 2025. was recorded as a recent event.

  • Charges

    A charge registered on 14 Jun 2024 via Charge ID 100941076 with Others was fully satisfied on 30 Aug 2025. was recorded as a recent event.

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Recent News, Updates & Announcement

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Frequently Asked Questions
What is the CIN of Magicrete Building Solutions Private Limited?

The CIN of Magicrete Building Solutions Private Limited is U26931MH2008PTC243333.

Where is Magicrete Building Solutions Private Limited headquartered?

Magicrete Building Solutions Private Limited is headquartered at Unit No. 401, 4Th Floor, Sunil Enclave, Pereira Hill Road, Andheri Kurla Road, Andheri E, Ast,, Mumbai, Maharashtra, 400099.

When was Magicrete Building Solutions Private Limited incorporated?

Magicrete Building Solutions Private Limited was incorporated on 24 April 2008.

Who are the current directors of Magicrete Building Solutions Private Limited?

The current directors of Magicrete Building Solutions Private Limited are

What is the primary industry of Magicrete Building Solutions Private Limited?

The primary industry of Magicrete Building Solutions Private Limited is Financial And Insurance Service.

Is Magicrete Building Solutions Private Limited a listed company?

Magicrete Building Solutions Private Limited is unlisted.

What is the capital structure of Magicrete Building Solutions Private Limited?

The authorized capital of Magicrete Building Solutions Private Limited is ₹3.50 Cr, and the paid-up capital is ₹2.76 M.

What is the compliance status of Magicrete Building Solutions Private Limited?

The compliance status of Magicrete Building Solutions Private Limited is Compliant.

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