WV Magic Web Design Private Limited
About WV Magic Web Design Private Limited
Data last updated:
WV Magic Web Design Private Limited was a private limited company based in Vadodara, Gujarat, 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 application development and software solutions segment of the technology and IT services sector. It was incorporated on 14 October 2010.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ2010PTC062616. Its GSTIN is 24AABCW0206A1Z9 (Gujarat).
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Viren Navinchandra Bhavsar and Sanjay Vasudevbhai Vyas.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at 34 B Narmada Nagar Diwalipura, Vadodara, Gujarat, India – 390020.
As per the financials filed for FY 2019, the company reported a revenue of ₹6.21 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹9.11 Lakh (net margin 1.5%) and EBITDA of ₹40.37 Lakh (EBITDA margin 6.5%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years.
The company had about 92 employees on its provident fund (EPFO) records before it was struck off.
Company details
Contact details
WV Magic Web Design Private Limited's registered office is in Vadodara, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address34 B Narmada Nagar Diwalipura, Vadodara, Gujarat, India – 390020
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of WV Magic Web Design Private Limited, buy the company report.
- 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 WV Magic Web Design is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of WV Magic Web Design Private Limited, buy the company report.
Financials of WV Magic Web Design Private Limited
FY 2019 filings availableWV Magic Web Design Private Limited reported revenue of ₹6.21 Cr (down 6% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 6% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA rose 18% 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
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹6.21 Cr | ||||
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| EBITDA | ₹40.37 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹9.11 Lakh | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.5% | ||||
| Net Profit Margin | 1.5% | ||||
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To see the full financial statements and ratios of WV Magic Web Design Private Limited, buy the company report.
Board of directors of WV Magic Web Design Private Limited
WV Magic Web Design has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Viren Navinchandra Bhavsar | Director | 14 Oct 2010 | 16 Years 0 Months | As last reported |
| Sanjay Vasudevbhai Vyas Also directs: Blattner Technologies India Private Limited | Director | 25 Mar 2011 | 15 Years 7 Months | As last reported |
Peer comparison
WV Magic Web Design Private Limited is compared with the 6 companies closest to it by revenue in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Teledgers Technology Private Limited | ₹6.21 Cr (FY 2025) | -35.0% | Haryana, India | |||
| Mascot Outsourcing Services Private Limited | ₹6.21 Cr (FY 2023) | -9.0% | Ahmedabad, Gujarat, India | |||
| WV Magic Web Design Private Limitedthis company | ₹6.21 Cr (FY 2019) | ₹9.11 Lakh | 1.5% | -6.0% | 92 | Vadodara, Gujarat, India |
| Esthenos Technologies Private Limited | ₹6.21 Cr (FY 2025) | 36.0% | Bangalore, Karnataka, India | |||
| Openwave Computing Services Private Limited | ₹6.18 Cr (FY 2024) | -25.0% | Chennai, Tamil Nadu, India | |||
| Enmarq Technologies Private Limited | ₹6.18 Cr (FY 2025) | -40.0% | Bengaluru, Karnataka, India | |||
| VVS Info Systems Private Limited | ₹6.17 Cr (FY 2024) | -48.0% | Narketpally, Telangana, India |
To see the full peer comparison of WV Magic Web Design Private Limited, buy the company report.
Auditor
WV Magic Web Design Private Limited is audited by BHAVESH PANSERIA & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHAVESH PANSERIA & CO | FY 2019 | 129296W |
Shareholding
The shareholding of WV Magic Web Design Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of WV Magic Web Design Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving WV Magic Web Design 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 WV Magic Web Design Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
WV Magic Web Design Private Limited has a workforce of 92 employees on its EPFO records as of Dec 2018.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2018-19 | 92 |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of WV Magic Web Design Private Limited, buy the company report.
GST
WV Magic Web Design has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCW0206A1Z9 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of WV Magic Web Design Private Limited, buy the company report.
Recent activity
WV Magic Web Design Private Limited has 4 board changes on record since 2010: 2 appointments and 2 cessations. The latest: Sanjay Vasudevbhai Vyas ceased to be Additional Director on 30 Sep 2011.
Frequently asked questions
WV Magic Web Design 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.
WV Magic Web Design was a private limited company based in Vadodara, Gujarat, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 14 October 2010 and is registered under CIN U72200GJ2010PTC062616. The company has been struck off by the Registrar of Companies and is no longer operational.
WV Magic Web Design had 2 directors:
- Viren Navinchandra Bhavsar - Director
- Sanjay Vasudevbhai Vyas - Director
The CIN (Corporate Identification Number) of WV Magic Web Design is U72200GJ2010PTC062616. 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 WV Magic Web Design is at 34 B Narmada Nagar Diwalipura, Vadodara, Gujarat, India – 390020.
WV Magic Web Design was incorporated on 14 October 2010. It is registered with the Registrar of Companies, Ahmedabad.
The latest financial statements of WV Magic Web Design on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of WV Magic Web Design is 24AABCW0206A1Z9, registered in Gujarat.
WV Magic Web Design operated in the information technology industry, in the application development and software solutions segment. It worked in this industry before it was struck off.
The peers of WV Magic Web Design by revenue are Teledgers Technology Private Limited, Mascot Outsourcing Services Private Limited, Esthenos Technologies Private Limited, Openwave Computing Services Private Limited, Enmarq Technologies Private Limited and 1 more, all in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities).
Sanjay Vasudevbhai Vyas ceased to be Additional Director on 30 Sep 2011. Mitchell Ballard ceased to be Director on 31 Mar 2011. Sanjay Vasudevbhai Vyas was appointed as Director on 25 Mar 2011. WV Magic Web Design has 4 board changes on record in total.
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