Magixo Irm Solutions Private Limited

Magixo Irm Solutions Private Limited - business services in Hyderabad, Telangana, India. Directors, charges & compliance details.
CIN U72200TG2010PTC066690 Incorporated 13 January 2010 ROC Hyderabad HQ Hyderabad, Telangana, India
Merged Private Limited Company business services
Data last updated
Revenue · FY 2021
₹5.63 Lakh
Latest filing
Net loss · FY 2021
₹34.69 Lakh
Latest filing
EBITDA · FY 2021
-₹34.69 Lakh
Latest filing
Authorised capital
₹3.1 Cr
Registered with MCA
Paid-up capital
₹42.51 Lakh
Issued & subscribed
Company age
16 yrs
Est. 2010
Directors on board
2
As per MCA filings
GST registrations
1
None active

About Magixo Irm Solutions Private Limited

Data last updated:

Magixo Irm Solutions Private Limited was a private limited company based in Hyderabad, Telangana, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the business support services segment of the business services sector. It was incorporated on 13 January 2010.

The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2010PTC066690. The company has 1 GST registration on record, which is no longer active.

The company had an authorised share capital of ₹3.1 Cr and a paid-up capital of ₹42.51 Lakh. It was formerly known as Jivity Merchandising Private Limited and Eyantra Online Ventures Private Limited. It was led by directors Raju Mulinti and Koteswara Rao Meduri.

Its last annual general meeting (AGM) was held on 12 October 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Plot No 87 Apparel Export Park Gundlapochampalli Medchal, Hyderabad, Telangana, India – 501401.

As per the financials filed for FY 2021, the company reported a revenue of ₹5.63 Lakh. For the same year it recorded a net loss of ₹34.69 Lakh and EBITDA of -₹34.69 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 45% over three years.

Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it.

The last known website on record is magixo.com.

Company details

CIN U72200TG2010PTC066690
Registration Number 066690
Incorporation Date 13 January 2010
ROC Hyderabad
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 12 October 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant

Name history

Magixo Irm Solutions has undergone 2 name changes throughout its history. The company was previously known as Jivity Merchandising Private Limited, and Eyantra Online Ventures Private Limited. The current legal name is Magixo Irm Solutions Private Limited.

Company NameStatus
Magixo Irm Solutions Private LimitedCurrent
Jivity Merchandising Private LimitedPrevious
Eyantra Online Ventures Private LimitedPrevious

CIN history

Magixo Irm Solutions has one previous CIN (Corporate Identification Number): U72200AP2010PTC066690. The current CIN is U72200TG2010PTC066690, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U72200TG2010PTC066690Current
U72200AP2010PTC066690Previous

Contact details

Magixo Irm Solutions Private Limited's registered office is in Hyderabad, Telangana. Its website is magixo.com. Its e-mail address is in the company report.

  • Email
  • Website
  • Registered Address
    Plot No 87 Apparel Export Park Gundlapochampalli Medchal, Hyderabad, Telangana, India – 501401
  • Industry
    Business Services, Business Support Services

To see the full contact details of Magixo Irm Solutions Private Limited, buy the company report.

Comprehensive company report
Magixo Irm Solutions 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
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Business activity

The main business activity of Magixo Irm Solutions is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Magixo Irm Solutions Private Limited, buy the company report.

Financials of Magixo Irm Solutions Private Limited

FY 2021 filings available

Magixo Irm Solutions Private Limited reported revenue of ₹5.63 Lakh for FY 2021.

Revenue · FY 2021
₹5.63 Lakh
Net loss · FY 2021
₹34.69 Lakh
EBITDA · FY 2021
-₹34.69 Lakh

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
3 years · compounded
▼ 45%
EBITDA CAGR growth
1 year
▼ 454%
3 years · compounded
▼ 2%
5 years · compounded
▼ 161%

Revenue has declined at a compounded annual rate (CAGR) of 45% over three years. EBITDA fell 454% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
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-₹34.69 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹34.69 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

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profitability
EBITDA Margin
Net Profit Margin
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 Magixo Irm Solutions Private Limited, buy the company report.

Board of directors of Magixo Irm Solutions Private Limited

Magixo Irm Solutions has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Raju MulintiDirector22 May 201412 Years 5 MonthsAs last reported
Koteswara Rao MeduriDirector18 Mar 201412 Years 7 MonthsAs last reported

Auditor

Magixo Irm Solutions Private Limited is audited by P B J AND ASSOCIATES for the financial year 2020.

Auditor firmFinancial yearFirm registration number
P B J AND ASSOCIATESFY 2020017752S

Shareholding

The shareholding of Magixo Irm Solutions Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2020FY 2019FY 2017FY 2016FY 2015
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Magixo Irm Solutions Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Magixo Irm Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Magixo Irm Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Magixo Irm Solutions Private Limited, buy the company report.

Recent activity

Magixo Irm Solutions Private Limited has 9 board changes on record since 2011: 2 appointments and 7 cessations. The latest: Mukund Mohan ceased to be Director on 15 Dec 2015.

AGM
Magixo Irm Solutions Private Limited last Annual general meeting of members was held on 12 Oct 2021 as per latest MCA records.
Filing
Magixo Irm Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Hyderabad.
Ceased
Mukund Mohan ceased to be Director.
Ceased
Koteswara Rao Meduri ceased to be Additional Director.
Ceased
Raju Mulinti ceased to be Additional Director.
Ceased
Mayank Gupta ceased to be Director.
Appointed
Raju Mulinti was appointed as Director.
Ceased
Phani Raj Narayanam ceased to be Nominee Director.
Appointed
Koteswara Rao Meduri was appointed as Director.
Ceased
Rajsekhar Gopisetti ceased to be Nominee Director.
Ceased
Rahul Mehta ceased to be Additional Director.
Incorporation
13 Jan 2010
Magixo Irm Solutions Private Limited was registered on 13 Jan 2010 with Roc Hyderabad & aged 16 years 9 months as per MCA records.

Frequently asked questions

Magixo Irm Solutions has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Magixo Irm Solutions was a private limited company based in Hyderabad, Telangana, India. The company worked in business support services, within the business services industry. It was incorporated on 13 January 2010 and is registered under CIN U72200TG2010PTC066690. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Magixo Irm Solutions was incorporated on 13 January 2010. It is registered with the Registrar of Companies, Hyderabad.

Magixo Irm Solutions had 2 directors:

The CIN (Corporate Identification Number) of Magixo Irm Solutions is U72200TG2010PTC066690. 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 Magixo Irm Solutions is at Plot No 87 Apparel Export Park Gundlapochampalli Medchal, Hyderabad, Telangana, India – 501401.

Magixo Irm Solutions can be reached through the website magixo.com. Its registered office is in Hyderabad, Telangana, India.

The latest financial statements of Magixo Irm Solutions on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 12 October 2021. Year-wise statements from 2015 are in the company report.

No. Magixo Irm Solutions has 1 GST registration on record and it is cancelled or inactive.

Magixo Irm Solutions operated in the business services industry, in the business support services segment.