Magix Techsol India Private Limited
About Magix Techsol India Private Limited
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Magix Techsol India Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 31 March 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2021PTC146019.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹50,000. It is led by directors Ganesh Padam Priya and Kiran Venkatesh.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Maha Meru No 51/28A Kanakapura Mn Rd Ramakrishna Nagar 2nd Cross Road, Bangalore, Karnataka, India – 560078.
As per the financials filed for FY 2024, the company reported a revenue of ₹42.71 Lakh, a decline of 40% compared to the previous year. For the same year it recorded a net profit of ₹38,002 (net margin 0.9%) and EBITDA of ₹68,990 (EBITDA margin 1.6%).
Company details
Contact details
Magix Techsol India Private Limited's registered office is in Bangalore, Karnataka.
- Registered AddressMaha Meru No 51/28A Kanakapura Mn Rd Ramakrishna Nagar 2nd Cross Road, Bangalore, Karnataka, India – 560078
- IndustryBusiness Outsourcing, Business & IT Consulting
- 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
Financials of Magix Techsol India Private Limited
FY 2024 filings availableMagix Techsol India Private Limited reported revenue of ₹42.71 Lakh (down 40% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 40% in the latest year. EBITDA fell 48% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
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| EBITDA | ₹68,990 | |||
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| Net Profit (PAT) | ₹38,002 | |||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 1.6% | |||
| Net Profit Margin | 0.9% | |||
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To see the full financial statements and ratios of Magix Techsol India Private Limited, buy the company report.
Board of directors of Magix Techsol India Private Limited
Magix Techsol India has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ganesh Padam Priya | Director | 31 Mar 2021 | 5 Years 7 Months | Current |
| Kiran Venkatesh Also directs: Epp Services India Private Limited | Director | 31 Mar 2021 | 5 Years 7 Months | Current |
Peer comparison
Magix Techsol India Private Limited is compared with the 10 companies closest to it by revenue in the Outsourcing industry (Consulting Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| RPS Pharma Private Limited | ₹42.76 Lakh (FY 2024) | -27.0% | New Delhi, Delhi, India | |||
| Ifinstrats Fintech Services Private Limited | ₹42.75 Lakh (FY 2025) | -1.0% | Bangalore, Karnataka, India | |||
| Jagriti Impex Consultants Private Limited | ₹42.74 Lakh (FY 2025) | 20.0% | Faridabad, Haryana, India | |||
| Ripan Finserv Private Limited | ₹42.72 Lakh (FY 2025) | 80.0% | Gurgaon, Haryana, India | |||
| Get Energy Consultants Private Limited | ₹42.72 Lakh (FY 2025) | -24.0% | New Delhi, Delhi, India | |||
| Magix Techsol India Private Limitedthis company | ₹42.71 Lakh (FY 2024) | ₹38,002 | 0.9% | -40.0% | Bangalore, Karnataka, India | |
| Gayatri Sapru Culture and Strategy Consulting Private Limited | ₹42.71 Lakh (FY 2025) | 121.0% | Mumbai, Maharashtra, India | |||
| Trustworthy Advisors Private Limited | ₹42.7 Lakh (FY 2024) | -69.0% | Mumbai, Maharashtra, India | |||
| Plumeria Hospitality Private Limited | ₹42.69 Lakh (FY 2024) | 896.0% | New Delhi, Delhi, India | |||
| LKR Advisors LLP | ₹42.68 Lakh (FY 2021) | 788.0% | Chennai, Tamil Nadu, India | |||
| Fin Master Private Limited | ₹42.67 Lakh (FY 2024) | 91.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Magix Techsol India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Magix Techsol India 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 Magix Techsol India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Magix Techsol India Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Magix Techsol India Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Ganesh Padam Priya was appointed as Director on 31 Mar 2021.
Frequently asked questions
Magix Techsol India is an active private limited company based in Bangalore, Karnataka, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 31 March 2021 (5+ years old) and is registered under CIN U74999KA2021PTC146019.
Magix Techsol India has 2 current directors:
- Ganesh Padam Priya - Director
- Kiran Venkatesh - Director
The latest financial statements of Magix Techsol India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Magix Techsol India is U74999KA2021PTC146019. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magix Techsol India was incorporated on 31 March 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Magix Techsol India by revenue are RPS Pharma Private Limited, Ifinstrats Fintech Services Private Limited, Jagriti Impex Consultants Private Limited, Ripan Finserv Private Limited, Get Energy Consultants Private Limited and 5 more, all in the Outsourcing industry (Consulting Services).
Ganesh Padam Priya was appointed as Director on 31 Mar 2021. Kiran Venkatesh was appointed as Director on 31 Mar 2021.
The registered office of Magix Techsol India is at Maha Meru No 5128A Kanakapura Mn Rd Ramakrishna Nagar 2nd Cross Road, Bangalore, Karnataka, India – 560078.
Magix Techsol India operates in the business outsourcing industry, in the business and IT consulting segment.
Magix Techsol India can be reached at its registered office: Maha Meru No 5128A Kanakapura Mn Rd Ramakrishna Nagar 2nd Cross Road, Bangalore, Karnataka, India – 560078.
Magix Techsol India is registered under the jurisdiction of the Registrar of Companies (ROC), Bangalore.
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