COMPANY INTELLIGENCE PROFILE
MAGIC POTION VENTURES PRIVATE LIMITED
Small private limited company incorporated Dec-2021, DPIIT-recognised startup (per TheCompanyCheck).
Magic Potion Ventures is an active private limited company in India, incorporated on December 24, 2021, and recognized as a startup by DPIIT. The company operates in a sector with ambiguous labeling, reportedly involved in IT application development and wholesale trading. As of 2024, it reportedly employed around 31 people. Financial data reveal significant revenue growth in FY2023. No registered charges or legal cases are associated with the company.
AI-generated, may contain errors.
Business Overview
- Small private limited company incorporated Dec-2021, DPIIT-recognised startup, per TheCompanyCheck. ~31 employees as of April 2024, TheCompanyCheck; single-source, unconfirmed.
- Sector labeling is ambiguous/conflicting (see sector_nic) — sources simultaneously tag it as an IT/software company and as a wholesale trading entity, so the actual line of business could not be confirmed.
- No official website, product, or brand identity could be located via search or fetch attempts, Google/Bing searches for the company name returned no relevant results; no news coverage found on Entrackr/Inc42/Moneycontrol/Screener.
Sector & Classification
TheCompanyCheck labels sector as "Information Technology - Application Development & Software Solutions" but separately lists primary business activity as "Wholesale trading" (code G1, group G-Trade) on the same profile — these two fields conflict within the same source; NIC code itself not explicitly provided by either source. Treat as partial/unconfirmed.
Directors & Key Management
Directors — source notes
Confirmed by 2 independent sources (Tofler + TheCompanyCheck both listing consistently, though DINs only supplied by Tofler): - Pratiroop Mehta — DIN 02592397 — appointed 24 Dec 2021 (director since incorporation) - Vikas Balhara — DIN 09508719 — appointed 18 Feb 2022 No past/resigned directors were surfaced by either free-tier source; Tofler explicitly notes full historical director records require a paid subscription.
GST Registrations
not obtained. Attempts on findgst.in (HTTP 500) and mastersindia.co (HTTP 404) did not resolve to a company GSTIN lookup, and no GSTIN was surfaced by Tofler or TheCompanyCheck. Without a known GSTIN, individual knowyourgst.com pages (the only permitted knowyourgst route) could not be targeted either.
Financials
MAGIC POTION VENTURES PRIVATE LIMITED saw substantial revenue growth in FY2023, reaching ₹3.41 Cr. In likely FY2025, revenue and EBITDA declined by around 6.5%, whereas net profit surged by 190.59%. Borrowings increased significantly by 47.15%.
AI-generated, may contain errors.
- Latest data point is FY2023 (standalone) per TheCompanyCheck: Revenue ₹3.41 Cr, reported as a very large YoY% jump, likely off a near-zero prior-year base — treat that growth % as noise. EBITDA and Net Profit for FY2023 were paywalled/unavailable.
- Tofler's financials page, pulled at a later date, likely reflecting FY2025 standalone, shows only YoY percentage deltas with absolute figures paywalled: Total Revenue -6.49%, EBITDA -6.6%, Net Profit +190.59%, Net Worth -7.96%, Borrowings +47.15%.
- No absolute Rupee figures for revenue/EBITDA/PAT/net worth/borrowings could be obtained from free-tier sources for any fiscal year — both Tofler and TheCompanyCheck gate the exact values behind paid reports.
- Net worth and borrowings absolute values: not obtained.
Loans & Charges
- None found — Tofler states explicitly "the company has no registered charges." Per known caveat, this means no currently open charges are recorded
- It does not rule out charges that were created and satisfied in the past.
Competitive Landscape
- Could not be confidently identified.
- The business activity itself is ambiguous/conflicting between sources, IT/software vs. wholesale trading — see sector_nic, and no product, brand, or website was located, so no reliable peer set can be named without risking a false comparison.
- Marking as none found rather than guessing.
Frequently Asked Questions
What does the company do?
The company is labeled as working in the 'Information Technology - Application Development & Software Solutions' sector but is also described as being involved in 'Wholesale trading'. The exact line of business is ambiguous and not confirmed.
What is the Corporate Identification Number (CIN) of the company?
The company's CIN is U72900DL2021PTC391703.
When was the company incorporated?
The company was incorporated on 24 December 2021.
Where is the registered office of the company located?
The registered office is located at 2/7, Julena Commercial Complex, Okhla Road, South Delhi, Delhi - 110025.
Information compiled from public registry and secondary sources. It may be incomplete or dated; verify independently before relying on it.