Magiq Devices Private Limited
About Magiq Devices Private Limited
Data last updated:
Magiq Devices Private Limited was a private limited company based in Chennai, Tamil Nadu, India. 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 power equipment manufacturers segment of the energy and power sector. It was incorporated on 27 December 2013.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U29253TN2013PTC094336. The company has 1 GST registration on record, which is no longer active.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 ₹9 Lakh. It was led by directors Balasubramanian Venkatakrishnan and Seethalakshmi Venkatakrishnan.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at New No. 4 Old No.28 First Floor South Dhandapani Street T.Nagar, Chennai, Tamil Nadu, India – 600017.
As per the financials filed for FY 2016, the company reported a revenue of ₹64.79 Lakh, a growth of 150% compared to the previous year. For the same year it recorded a net profit of ₹1.57 Lakh (net margin 2.4%) and EBITDA of ₹1.73 Lakh (EBITDA margin 2.7%).
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- Registered AddressNew No. 4 Old No.28 First Floor South Dhandapani Street T.Nagar, Chennai, Tamil Nadu, India – 600017
- IndustryEnergy and Power, Power Equipment Manufacturers
- 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 Magiq Devices Private Limited
The main business activity of Magiq Devices is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities | 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 Magiq Devices Private Limited FY 2016 filings available
Magiq Devices Private Limited reported revenue of ₹64.79 Lakh (up 150% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR) of Magiq Devices Private Limited
Revenue rose 150% in the latest year. EBITDA rose 44% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Magiq Devices Private Limited
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| 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 | ₹1.73 Lakh | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹1.57 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 Magiq Devices Private Limited
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 2.7% | •••• |
| Net Profit Margin | 2.4% | •••• |
| 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 Magiq Devices 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.
Board of Directors of Magiq Devices Private Limited
Magiq Devices has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balasubramanian Venkatakrishnan | Director | 27 Dec 2013 | 12 Years 9 Months | As last reported |
| Seethalakshmi Venkatakrishnan | Director | 21 Nov 2014 | 11 Years 11 Months | As last reported |
Peer Comparison of Magiq Devices Private Limited
Magiq Devices Private Limited is compared with the companies closest to it by revenue in the Power industry (Power Equipment Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Life Liner Private Limited | ₹65.57 Lakh (FY 2024) | •••• | •••• | •••• | Bhubaneswar, Odisha, India | |
| Magnatech Smartgrid Solutions Private Limited | ₹65.19 Lakh (FY 2021) | •••• | •••• | -26.0% | •••• | New Delhi, Delhi, India |
| Shivalik Electric Equipment Company Private Limited | ₹65.12 Lakh (FY 2025) | •••• | •••• | -34.0% | •••• | Chandigarh, India |
| Hindustan Transformers Private Limited | ₹65.03 Lakh (FY 2024) | •••• | •••• | 64.0% | •••• | Chandigarh, India |
| Prayaas Automation Private Limited | ₹65.01 Lakh (FY 2025) | •••• | •••• | 36.0% | •••• | Kolkata, West Bengal, India |
| Magiq Devices Private Limited this company | ₹64.79 Lakh (FY 2016) | •••• | •••• | 150.0% | •••• | Chennai, Tamil Nadu, India |
| Transtrac Electronics Private Limited | ₹64.59 Lakh (FY 2025) | •••• | •••• | -7.0% | •••• | Chennai, Tamil Nadu, India |
| Innovative Emm Care Private Limited | ₹64.5 Lakh (FY 2025) | •••• | •••• | 138.0% | •••• | Pune, Maharashtra, India |
| Parasnath Electronics Private Limited | ₹64.38 Lakh (FY 2025) | •••• | •••• | 7.0% | •••• | Delhi, India |
| Vibropower Generators (India) Private Limited | ₹64.37 Lakh (FY 2022) | •••• | •••• | 143.0% | •••• | Mumbai, Maharashtra, India |
| Lifeguard Electronics (India) Private Limited | ₹64.2 Lakh (FY 2025) | •••• | •••• | 5.0% | •••• | Rajkot, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Magiq Devices by revenue in the Power industry (Power Equipment Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Magiq Devices Private Limited
Magiq Devices Private Limited is audited by GOKULRAJ & DINESH for the financial year 2015.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GOKULRAJ & DINESH | 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.
Ownership and Shareholding of Magiq Devices 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 Magiq Devices Private Limited
Magiq Devices Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Magiq Devices Private Limited
Employment history and EPFO contributions of people linked to Magiq Devices.
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 Magiq Devices Private Limited
Magiq Devices Private Limited has 3 board changes on record since 2013: 2 appointments and 1 cessation. The latest: Seethalakshmi Venkatakrishnan was appointed as Director on 21 Nov 2014.
Credit Ratings, Litigation & Regulatory Alerts for Magiq Devices 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 Magiq Devices 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 Magiq Devices 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 Magiq Devices Private Limited
Magiq Devices 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 Magiq Devices 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 Magiq Devices Private Limited
Magiq Devices 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.
Magiq Devices was a private limited company based in Chennai, Tamil Nadu, India. The company worked in power equipment manufacturers, within the energy and power industry. It was incorporated on 27 December 2013 and is registered under CIN U29253TN2013PTC094336. The company has been struck off by the Registrar of Companies and is no longer operational.
Magiq Devices had 2 directors:
- Balasubramanian Venkatakrishnan - Director
- Seethalakshmi Venkatakrishnan - Director
The CIN (Corporate Identification Number) of Magiq Devices is U29253TN2013PTC094336. 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 Magiq Devices is at New No. 4 Old No.28 First Floor South Dhandapani Street T.Nagar, Chennai, Tamil Nadu, India – 600017.
Magiq Devices was incorporated on 27 December 2013. It is registered with the Registrar of Companies, Chennai.
Magiq Devices reported revenue of ₹64.79 Lakh for FY 2016 (up 150% YoY).
Magiq Devices has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9 Lakh.
Magiq Devices reported a net profit of ₹1.57 Lakh (net margin 2.4%) and EBITDA of ₹1.73 Lakh (EBITDA margin 2.7%) for FY 2016, as per its filed financial statements.
No. Magiq Devices has 1 GST registration on record and it is cancelled or inactive.
Magiq Devices operated in the energy and power industry, in the power equipment manufacturers segment. It worked in this industry before it was struck off.