- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0000914

About Indian Magic Eye Private Limited
Data last updated:
Indian Magic Eye Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the event planning and management segment of the events and entertainment sector. It was incorporated on 14 March 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U92211PN2000PTC014597. Its GSTIN is 27AAACI7388C1ZH (Maharashtra).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹79.17 Lakh. It is led by directors including Shrirang Shridhar Godbole (Managing Director) and Rajesh Arun Deshmukh.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 768/1 Prabhi Apt Flat No 4 Pycdeccan Gymkhana, Pune, Maharashtra, India – 411004.
As per the financials filed for FY 2022, the company reported a revenue of ₹3.5 Cr, a decline of 58% compared to the previous year. For the same year it recorded a net loss of ₹62.47 Lakh (net margin -17.8%) and EBITDA of ₹34.92 Lakh (EBITDA margin 10%). Revenue has declined at a compounded annual rate (CAGR) of 44% over three years and 30% over five years.
The company has about 13 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Indian Magic Eye. As per MCA filings, the company has open charges of ₹3.21 Cr and satisfied charges of ₹8.43 Cr on record. Court records list 6 cases involving the company, including 1 filed by the company and 5 filed against it; 2 cases are pending.
Indian Magic Eye Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0000914). The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website imepl.com.
Company details
Recognitions & Rankings of Indian Magic Eye
Contact details
Indian Magic Eye Private Limited's registered office is in Pune, Maharashtra. Its website is imepl.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address768/1 Prabhi Apt Flat No 4 Pycdeccan Gymkhana, Pune, Maharashtra, India – 411004
- IndustryEvents and Entertainment, Event Planning & Management
To see the full contact details of Indian Magic Eye 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
Brands
Indian Magic Eye operates one associated brand: Indian Magic Eye. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Media services including digital agency, event management, and television production in India. | imepl.com |
Business activity
The main business activity of Indian Magic Eye is arts, entertainment and recreation. In detail, this covers creative, arts and entertainment activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| R | Arts, entertainment and recreation | R1 | Creative, arts and entertainment activities |
To see the full business activity and turnover split of Indian Magic Eye Private Limited, buy the company report.
Financials of Indian Magic Eye Private Limited
FY 2022 filings availableIndian Magic Eye Private Limited reported revenue of ₹3.5 Cr (down 58% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 30% over five years, including a 58% fall in the latest year. EBITDA rose 116% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹3.5 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹34.92 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹62.47 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10% | ||||
| Net Profit Margin | -17.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Indian Magic Eye Private Limited, buy the company report.
Board of directors of Indian Magic Eye Private Limited
Indian Magic Eye has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Arun Deshmukh Also directs: Ime Hospitality LLP, Tarcon Infra LLP | Director | 01 Oct 2006 | 20 Years 0 Months | Current |
| Chintamani Sudhir Vartak Also directs: Ime Hospitality LLP, Ime Education Solutions Private Limited, Rainbow Umbrella Foundation and 1 more | Director | 14 Mar 2000 | 26 Years 7 Months | Current |
| Hrishikesh Anil Deshpande | Director | 14 Mar 2000 | 26 Years 7 Months | Current |
| Shrirang Shridhar Godbole | Managing Director | 14 Mar 2000 | 26 Years 7 Months | Current |
| Amit Ashok Patwardhan Also directs: Ime Hospitality LLP, Ime Education Solutions Private Limited, Rainbow Umbrella Foundation and 1 more | Director | 14 Mar 2000 | 26 Years 7 Months | Current |
Auditor
Indian Magic Eye Private Limited is audited by NIKHIL ARUN PATANKAR for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NIKHIL ARUN PATANKAR | FY 2022 | 135981 |
Shareholding
The shareholding of Indian Magic Eye Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Indian Magic Eye Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Mar 2021 | 100439181 | Others | ₹50 Lakh | Open | |
| 25 Nov 2020 | 100393989 | Others | ₹35 Lakh | Open | |
| 27 Nov 2017 | 100142506 | Others | ₹15.81 Lakh | Open | |
| 22 Jun 2016 | 100048217 | Others | ₹45 Lakh | Open | |
| 05 Oct 2004 | 90092818 | Others | ₹1.75 Cr | Open |
To see the full charge records of Indian Magic Eye Private Limited, buy the company report.
Total charge records: 25 View all charges
Legal cases
Indian Magic Eye Private Limited has 6 court cases on record: 1 filed by Indian Magic Eye, 5 filed against it. 2 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 5 | 2 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Court case (R.C.C.) | Filed against the company by Union of India Through G.S. Gadkari | Pending |
| District court, Pune, Maharashtra | Court case (R.C.C.) | Filed against the company by Union of India Income Tax Department Through G S Gadkari | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by The State of Maharashtra | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Genteel School of Business and Economics and 2 others | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Indian Magic Eye Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Indian Magic Eye Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Indian Magic Eye has 1 subsidiary company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Ime Education Solutions Private Limited | U80903PN2020PTC195240 |
To see the full group structure of Indian Magic Eye Private Limited, buy the company report.
Employees & EPFO
Indian Magic Eye Private Limited has a workforce of 13 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Indian Magic Eye has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACI7388C1ZH | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Indian Magic Eye Private Limited, buy the company report.
Recent activity
Indian Magic Eye Private Limited has 7 board changes on record since 2000: 5 appointments and 2 cessations. The latest: Ajit Shamrao Deshmukh ceased to be Director on 14 Aug 2017.
46 earlier events are in the company report.
Frequently asked questions
Indian Magic Eye is an active private limited company based in Pune, Maharashtra, India. The company works in event planning and management, within the events and entertainment industry. It was incorporated on 14 March 2000 (26+ years old) and is registered under CIN U92211PN2000PTC014597.
Indian Magic Eye has 5 current directors:
- Shrirang Shridhar Godbole - Managing Director
- Rajesh Arun Deshmukh - Director
- Chintamani Sudhir Vartak - Director
- Hrishikesh Anil Deshpande - Director
- Amit Ashok Patwardhan - Director
The latest financial statements of Indian Magic Eye on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Indian Magic Eye is 27AAACI7388C1ZH, registered in Maharashtra.
The CIN (Corporate Identification Number) of Indian Magic Eye is U92211PN2000PTC014597. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indian Magic Eye has 6 court cases on record: 1 filed by the company and 5 filed against it. 2 are pending.
Indian Magic Eye was incorporated on 14 March 2000, making it 26+ years old. It is registered with the Registrar of Companies, Pune.
Ajit Shamrao Deshmukh ceased to be Director on 14 Aug 2017. Ajit Gopinath Bhure ceased to be Director on 03 Jul 2010. Rajesh Arun Deshmukh was appointed as Director on 01 Oct 2006. Indian Magic Eye has 7 board changes on record in total.
Yes, Indian Magic Eye is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0000914).
Indian Magic Eye can be reached through the website imepl.com. Its registered office is in Pune, Maharashtra, India.