Majic Ecommerce Solutions Private Limited
About Majic Ecommerce Solutions Private Limited
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Majic Ecommerce Solutions Private Limited was a private limited company based in Mumbai, Maharashtra, 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 support services segment of the services sector. It was incorporated on 25 July 2014.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2014PTC256610. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Rasheed Babalal Shaikh and Sadiq Shaikh.
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 202 Phiroze Chs St .Leo Road Bandra West, Mumbai, Maharashtra, India – 400050.
As per the financials filed for FY 2016, the company reported a revenue of ₹3.23 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹78,178 (net margin 24.2%) and EBITDA of ₹1.08 Lakh (EBITDA margin 33.5%).
Company details
Contact details
Majic Ecommerce Solutions Private Limited's registered office is in Mumbai, Maharashtra.
- Registered Address202 Phiroze Chs St .Leo Road Bandra West, Mumbai, Maharashtra, India – 400050
- IndustryService, Other Support Services
- 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
Business activity
The main business activity of Majic Ecommerce Solutions is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Majic Ecommerce Solutions Private Limited, buy the company report.
Financials of Majic Ecommerce Solutions Private Limited
FY 2016 filings availableMajic Ecommerce Solutions Private Limited reported revenue of ₹3.23 Lakh (up 979% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 979% in the latest year. EBITDA rose 667% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
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| Revenue from Operations | ||
| Other Income | ||
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| Cost of Materials Consumed | ||
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| EBITDA | ₹1.08 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹78,178 | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
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Financial Ratios
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 33.5% | |
| Net Profit Margin | 24.2% | |
| Return on Equity (ROE) | ||
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| Return on Assets (ROA) | ||
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To see the full financial statements and ratios of Majic Ecommerce Solutions Private Limited, buy the company report.
Board of directors of Majic Ecommerce Solutions Private Limited
Majic Ecommerce Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rasheed Babalal Shaikh | Director | 25 Jul 2014 | 12 Years 3 Months | As last reported |
| Sadiq Shaikh | Director | 25 Jul 2014 | 12 Years 3 Months | As last reported |
Peer comparison
Majic Ecommerce Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other support services to organizations), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Excel India Engineering and Utility Service Private Limited | ₹3.24 Lakh (FY 2025) | 6533.0% | Jamshedpur, Jharkhand, India | |||
| Ajanta Tie-Up Private Limited | ₹3.24 Lakh (FY 2016) | Kolkata, West Bengal, India | ||||
| Nik Enterprises Private Limited | ₹3.24 Lakh (FY 2022) | 346.0% | Jalgaon, Maharashtra, India | |||
| Raqamin Evento Private Limited | ₹3.23 Lakh (FY 2023) | Delhi, India | ||||
| VVR Management and Advisory Services (OPC) Private Limited | ₹3.23 Lakh (FY 2017) | Chennai, Tamil Nadu, India | ||||
| Majic Ecommerce Solutions Private Limitedthis company | ₹3.23 Lakh (FY 2016) | ₹78,178 | 24.2% | 979.0% | Mumbai, Maharashtra, India | |
| Digital Workshop Private Limited | ₹3.23 Lakh (FY 2017) | -19.0% | New Delhi, Delhi, India | |||
| Sarvajanik Durga Puja Foundation | ₹3.23 Lakh (FY 2022) | 16.0% | Domchanch, Jharkhand, India | |||
| Ackord SCM India Private Limited | ₹3.23 Lakh (FY 2022) | 139.0% | Thane, Maharashtra, India | |||
| Yawa Technologies Private Limited | ₹3.22 Lakh (FY 2017) | Bangalore, Karnataka, India | ||||
| GTS Overseas Private Limited | ₹3.22 Lakh (FY 2025) | -42.0% | Delhi, India |
To see the full peer comparison of Majic Ecommerce Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Majic Ecommerce Solutions 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 Majic Ecommerce Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Majic Ecommerce Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Majic Ecommerce Solutions Private Limited, buy the company report.
Recent activity
Majic Ecommerce Solutions Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Rasheed Babalal Shaikh was appointed as Director on 25 Jul 2014.
Frequently asked questions
Majic Ecommerce Solutions 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.
Majic Ecommerce Solutions was a private limited company based in Mumbai, Maharashtra, India. The company worked in other support services, within the service industry. It was incorporated on 25 July 2014 and is registered under CIN U74999MH2014PTC256610. The company has been struck off by the Registrar of Companies and is no longer operational.
Majic Ecommerce Solutions had 2 directors:
- Rasheed Babalal Shaikh - Director
- Sadiq Shaikh - Director
The CIN (Corporate Identification Number) of Majic Ecommerce Solutions is U74999MH2014PTC256610. 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 Majic Ecommerce Solutions is at 202 Phiroze Chs St .Leo Road Bandra West, Mumbai, Maharashtra, India – 400050.
Majic Ecommerce Solutions was incorporated on 25 July 2014. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Majic Ecommerce Solutions on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Majic Ecommerce Solutions has 1 GST registration on record and it is cancelled or inactive.
Majic Ecommerce Solutions operated in the service industry, in the other support services segment. It worked in this industry before it was struck off.
The peers of Majic Ecommerce Solutions by revenue are Excel India Engineering and Utility Service Private Limited, Ajanta Tie-Up Private Limited, Nik Enterprises Private Limited, Raqamin Evento Private Limited, VVR Management and Advisory Services (OPC) Private Limited and 5 more, all in the same principal business activity (other support services to organizations).
Rasheed Babalal Shaikh was appointed as Director on 25 Jul 2014. Sadiq Shaikh was appointed as Director on 25 Jul 2014.
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