DPIIT recognised startup Government of India
Startup India
Magicsip Coffee Roasters Private Limited - agriculture in Mysore, Karnataka, India. Directors, charges & compliance details.
Revenue · FY 2023
₹26.23 Lakh
Latest filing
Net loss · FY 2023
₹25.28 Lakh
Net margin -96.4%
EBITDA · FY 2023
-₹24.67 Lakh
EBITDA margin -94%
Authorised capital
₹1.5 Lakh
Registered with MCA
Paid-up capital
₹21,000
Issued & subscribed
Company age
4 yrs
Est. 2022
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Magicsip Coffee Roasters Private Limited
Data last updated:
Magicsip Coffee Roasters Private Limited is a private limited company based in Mysore, Karnataka, India, recognised as a startup by DPIIT. It operates in the tea and coffee processing segment of the agriculture sector. It was incorporated on 06 January 2022.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U01100KA2022PTC156359. Its GSTIN is 29AAPCM3424N1ZU (Karnataka).
The company has an authorised share capital of ₹1.5 Lakh and a paid-up capital of ₹21,000. It is led by directors including Duddiyanda Hussainar Moidu and Duddiyanda Husainar Soofi.
Its last annual general meeting (AGM) was held on 30 January 2024, and its latest financial statements are for the year ended 31 March 2023. The registered office is at L1 Golden Temple Road Koppa Girguru, Mysore, Karnataka, India – 571104.
As per the financials filed for FY 2023, the company reported a revenue of ₹26.23 Lakh. For the same year it recorded a net loss of ₹25.28 Lakh (net margin -96.4%) and EBITDA of -₹24.67 Lakh (EBITDA margin -94%).
The company is associated with 1 brand: Magicsip.
Magicsip Coffee Roasters Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-22-0019288). For more details, the company can be reached via its website magicsip.co.
Company details
CIN U01100KA2022PTC156359
Registration Number 156359
Incorporation Date 06 January 2022
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 January 2024
Date of Balance Sheet 31 March 2023
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-22-0019288
Key People
Duddiyanda Hussainar Moidu Director Duddiyanda Husainar Soofi Director Sait Azam Director Recognitions & Rankings of Magicsip Coffee Roasters
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-KR-22-0019288
Contact details
Magicsip Coffee Roasters Private Limited's registered office is in Mysore, Karnataka.
- Social Media
- Registered AddressL1 Golden Temple Road Koppa Girguru, Mysore, Karnataka, India – 571104
- IndustryAgriculture, Tea & Coffee Processing
Comprehensive company report
Magicsip Coffee Roasters 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Magicsip Coffee Roasters operates one associated brand: Magicsip. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Runs a direct-to-consumer brand offering coffee products. | magicsip.co |
Business activity
The main business activity of Magicsip Coffee Roasters is agriculture, forestry, fishing. In detail, this covers support activities to agriculture and other activities including hunting.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| A | Agriculture, forestry, fishing | A4 | Support activities to agriculture and Other Activities including hunting |
To see the full business activity and turnover split of Magicsip Coffee Roasters Private Limited, buy the company report.
Financials of Magicsip Coffee Roasters Private Limited
FY 2023 filings availableMagicsip Coffee Roasters Private Limited reported revenue of ₹26.23 Lakh for FY 2023.
Revenue · FY 2023
₹26.23 Lakh
Net loss · FY 2023
₹25.28 Lakh margin -96.4%
EBITDA · FY 2023
-₹24.67 Lakh margin -94%
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹24.67 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹25.28 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 2022-23 | FY 2021-22 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -94% | |
| Net Profit Margin | -96.4% | |
| 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 Magicsip Coffee Roasters Private Limited, buy the company report.
Board of directors of Magicsip Coffee Roasters Private Limited
Magicsip Coffee Roasters has 3 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 |
|---|---|---|---|---|
| Duddiyanda Hussainar Moidu | Director | 20 Dec 2022 | 3 Years 10 Months | Current |
| Duddiyanda Husainar Soofi | Director | 20 Dec 2022 | 3 Years 10 Months | Current |
| Sait Azam | Director | 06 Jan 2022 | 4 Years 10 Months | Current |
Legal cases
No court or tribunal cases involving Magicsip Coffee Roasters Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Magicsip Coffee Roasters Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Magicsip Coffee Roasters has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAPCM3424N1ZU | Karnataka | Active | 16 Jan 2022 |
To see the full GST registrations and return filing status of Magicsip Coffee Roasters Private Limited, buy the company report.
Recent activity
Magicsip Coffee Roasters Private Limited has 5 board changes on record since 2022: 3 appointments and 2 cessations. The latest: Aaqib Rashid ceased to be Director on 17 Jun 2023.
AGM
Magicsip Coffee Roasters Private Limited last Annual general meeting of members was held on 30 Jan 2024 as per latest MCA records.
Ceased
Aaqib Rashid ceased to be Director.
Ceased
Arshad Ahamed ceased to be Director.
Filing
Magicsip Coffee Roasters Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Appointed
Duddiyanda Husainar Soofi was appointed as Director.
Appointed
Duddiyanda Hussainar Moidu was appointed as Director.
Appointed
Sait Azam was appointed as Director.
Incorporation
06 Jan 2022
Magicsip Coffee Roasters Private Limited was registered on 06 Jan 2022 with Roc Bangalore & aged 4 years 10 months as per MCA records.
Frequently asked questions
Magicsip Coffee Roasters is an active private limited company based in Mysore, Karnataka, India. The company works in tea and coffee processing, within the agriculture industry. It was incorporated on 06 January 2022 (4+ years old) and is registered under CIN U01100KA2022PTC156359.
Magicsip Coffee Roasters has 3 current directors:
- Duddiyanda Hussainar Moidu - Director
- Duddiyanda Husainar Soofi - Director
- Sait Azam - Director
The latest financial statements of Magicsip Coffee Roasters on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 January 2024. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Magicsip Coffee Roasters is 29AAPCM3424N1ZU, registered in Karnataka.
The CIN (Corporate Identification Number) of Magicsip Coffee Roasters is U01100KA2022PTC156359. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magicsip Coffee Roasters was incorporated on 06 January 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.
Aaqib Rashid ceased to be Director on 17 Jun 2023. Arshad Ahamed ceased to be Director on 17 Jun 2023. Duddiyanda Husainar Soofi was appointed as Director on 20 Dec 2022. Magicsip Coffee Roasters has 5 board changes on record in total.
Yes, Magicsip Coffee Roasters is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Magicsip Coffee Roasters is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-22-0019288).
Magicsip Coffee Roasters can be reached through the website magicsip.co. Its registered office is in Mysore, Karnataka, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages