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About Magicwell (India) Private Limited
Data last updated:
Magicwell (India) Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Magicwell Limited (London). The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the textile segment of the apparel and fashion sector. It was incorporated on 18 July 2002.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U36999MH2002PTC136551. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.17 Lakh. It was led by directors including Unnikrishnan Kottuthodi Nair (Whole-Time Director) and Mohan Tulsidas Mirpuri.
Its last annual general meeting (AGM) was held on 15 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2015, the company reported a revenue of ₹2.59 Cr, a growth of 88% compared to the previous year. For the same year it recorded a net profit of ₹8.7 Lakh (net margin 3.4%) and EBITDA of -₹1.68 Lakh (EBITDA margin -0.6%).
The last known website on record is magicwell.net.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address22 – A 2nd Floor Laxmi Indl. Estate S N Pata Marg Lower, Parel (W), Mumbai, Maharashtra, India – 400013
- IndustryAppreal & Fashion, Textile
- 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 Magicwell (India) Private Limited
The main business activity of Magicwell (India) is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | 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 Magicwell (India) Private Limited FY 2015 filings available
Magicwell (India) Private Limited reported revenue of ₹2.59 Cr (up 88% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR) of Magicwell (India) Private Limited
Revenue rose 88% in the latest year. EBITDA rose 97% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Magicwell (India) Private Limited
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | •••• |
| Other Income | •••• |
| Total Revenue | ₹2.59 Cr |
| Cost of Materials Consumed | •••• |
| Employee Benefit Expense | •••• |
| Finance Costs | •••• |
| Depreciation and Amortisation | •••• |
| Other Expenses | •••• |
| Total Expenses | •••• |
| EBITDA | -₹1.68 Lakh |
| Profit Before Tax | •••• |
| Tax Expense | •••• |
| Net Profit (PAT) | ₹8.7 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 of Magicwell (India) Private Limited
| Metrics | FY 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | -0.6% |
| Net Profit Margin | 3.4% |
| 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 | •••• |
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 Magicwell (India) are in the company report.
Financial statements from 2015
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 Magicwell (India) Private Limited
Magicwell (India) Private Limited is audited by Damania & Varaiya for the financial year 2015.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Damania & Varaiya | 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 Magicwell (India) Private Limited
Magicwell (India) has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohan Tulsidas Mirpuri | Director | 20 Jul 2002 | 24 Years 2 Months | As last reported |
| Unnikrishnan Kottuthodi Nair Also directs: Nimminee Exports LLP | Whole-Time Director | 18 May 2009 | 17 Years 4 Months | As last reported |
| Haresh Tulsidas Mirpuri | Director | 18 Jul 2002 | 24 Years 2 Months | As last reported |
| Ramesh Tulsidas Mirpuri | Director | 18 Jul 2002 | 24 Years 2 Months | As last reported |
Ownership and Shareholding of Magicwell (India) 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 Magicwell (India) Private Limited
Magicwell (India) Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Magicwell (India) Private Limited
Employment history and EPFO contributions of people linked to Magicwell (India).
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 Magicwell (India) Private Limited
Magicwell (India) Private Limited has 6 board changes on record since 2002: 4 appointments and 2 cessations. The latest: Unnikrishnan Kottuthodi Nair was appointed as Whole-Time Director on 18 May 2009.
Credit Ratings, Litigation & Regulatory Alerts for Magicwell (India) 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 Magicwell (India) 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 Magicwell (India) 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 Magicwell (India) Private Limited
Magicwell (India) 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 Magicwell (India) 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 Magicwell (India) Private Limited
Magicwell (India) has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Magicwell (India) was a private limited company based in Mumbai, Maharashtra, India. The company worked in textile, within the apparel and fashion industry. It was incorporated on 18 July 2002 and is registered under CIN U36999MH2002PTC136551. The company has been struck off by the Registrar of Companies and is no longer operational.
Magicwell (India) had 4 directors:
- Unnikrishnan Kottuthodi Nair - Whole-Time Director
- Mohan Tulsidas Mirpuri - Director
- Haresh Tulsidas Mirpuri - Director
- Ramesh Tulsidas Mirpuri - Director
The CIN (Corporate Identification Number) of Magicwell (India) is U36999MH2002PTC136551. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Magicwell (India) is at 22 – A 2nd Floor Laxmi Indl. Estate S N Pata Marg Lower, Parel W, Mumbai, Maharashtra, India – 400013.
Magicwell (India) was incorporated on 18 July 2002. It is registered with the Registrar of Companies, Mumbai.
Magicwell (India) can be reached through the website magicwell.net. Its registered office is in Mumbai, Maharashtra, India.
Magicwell (India) reported revenue of ₹2.59 Cr for FY 2015 (up 88% YoY).
Magicwell (India) has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.17 Lakh.
Magicwell (India) reported a net profit of ₹8.7 Lakh (net margin 3.4%) and EBITDA of -₹1.68 Lakh (EBITDA margin -0.6%) for FY 2015, as per its filed financial statements.