Our People

Board of Directors

Sourabh Bansal
(B.Tech, M.Tech, IIT- Kharagpur) sbansal@magicrete.in

Sourabh Bansal is the co-founder and managing director of Magicrete. He is an industrial engineer from IIT Kharagpur. Having found Magicrete at 24, Sourabh led it to become a leading company and a recognized brand in the building materials and construction technology space. He has been conferred the 'Entrepreneur of the year' award by 'TIE.' Under his leadership, Magicrete has been recognized under his leadership and won several awards, including the "Global Housing Technology Challenge" organized by the Ministry of Housing & Urban Affairs in 2020. "Most Promising Brand Award" by Global Real Estate Congress in 2019, 'Most Preferred Brand' in the building materials category by ET Now, and "Most Promising Brand Award" by Global Real Estate Congress in 2019. He was recently awarded the 'Young Alumni Achiever Award' from his Alma Mater, IIT Kharagpur.

Puneet Mittal - Magicrete
Puneet Mittal
(C.A, C.S, C.W.A) puneetmittal@magicrete.in

Puneet is one of the co-founders of the company and a qualified chartered accountant. He looks after all the financial affairs and investment plans of the organization. Being a member of the board, Puneet also looks after the operational growth of the company.

Sidharth Bansal
(B.Tech, IIT-Delhi PGDM, IIM-Lucknow) sidharth.bansal@magicrete.in

Sidharth is one of the company's directors and currently looks after Magicrete’s business in North India. He pursued Engineering in the field of Engineering Physics from IIT Delhi and MBA from IIM Lucknow. After working with prestigious employers, including Mckinsey& Company and a leading Private Equity Fund, Sidharth joined Magicrete to oversee Magicrete’s expansion in North India.

Vinod Mittal

Mr. Mittal is a graduate in commerce and has a rich experience of more than 2 decades in the field of textile dyeing and printing. He provides leadership to several textile units in Surat. His vast experience and knowledge have proved to be valuable assets for the company. They have played a vital role in taking new initiatives and developing strategies for the growth and expansion of the company.

Sunil Roongta

Mr. Roongta is the Managing Director of Shailja Tex Prints Pvt. Ltd and has spent more than 15 years in the field of textile dyeing and printing.

Prakash Bagla

Mr. Prakash Bagla holds a Bachelor’s Degree in Commerce from Calcutta University and is a member of The Institute of Chartered Accountants of India. He has 22 years of diverse experience in consumer-facing businesses like Emami, mining & oil businesses like Aditya Birla Group, and private equity. He has led investments in Magicrete Building Solutions Pvt. Ltd. and is a director on board on behalf of Motilal Oswal Private Equity.

Mitin Jain

Mitin Jain is a seasoned finance professional with over two decades of experience across Private Equity, Investment Banking, and Listed Investing. He is the Founder and Managing Director of India SME Investments, a leading early-growth Private Equity fund, and is a co-founder of Molecule Ventures, a prominent PMS in India. Mitin previously served as a Director and Founding Member at a mid-market PE fund with an AUM of US$250 million, where he successfully led more than 12 transactions across various sectors. He is a graduate of commerce from Christ University and earned an MBA from NMIMS in 2005.

Advisory Team

Rajesh Poddar

Mr. Poddar is a prominent and successful entrepreneur with an experience of more than 25 years in textiles, real estate & building materials. He dynamically leads the key driving force of this group. Under his able guidance and charismatic leadership, this group has achieved unprecedented business success. In addition, he is actively involved in various social welfare activities, particularly in educational activities in Surat and South Gujarat.

Bimal Bansal

Mr. Bansal has spent more than three decades in the field of textiles, chemicals, and minerals-related businesses. He is a first-generation entrepreneur and was awarded by the Hon. President of India for highest textile exports. Mr. Bansal provides valuable inputs related to production capabilities and continuous improvements.

Key Management

Siddharth Sharma
(B.Tech, IIT-Kharagpur) siddharth.sharma@magicrete.in

Siddharth is B. Tech in Mechanical from IIT Kharagpur. Siddharth has immense experience in the field of automobile and real estate planning. Siddharth has almost a decade of experience wherein Siddharth served Tata Motors, India Bulls. He leads the Modular Buildings and Precast Products division of the company.

Atul Jhunjhunwala

Atul is a B. Tech graduate in Electronics & Communication. Atul has rich experience in operations, production, and procurement in the dying and textile industry. Atul leads the operations & production of the company.

Kishan Mehrotra
(B.E. (Hons.), BITS-Pilani) kishan.mehrotra@magicrete.in

Kishan is the President-Sales & Marketing. He has done his Bachelor of Engineering from BITS, Pilani. He has an overall 22+ years of client management and sales leadership experience in the Real Estate, Insurance, and Education industry. Before Magicrete, he was associated with Brainstorm Consultants and Max New York Life Insurance. He has been brilliantly handling sales of Magicrete for the last 5 years.

Birju Thakkar
(B-Tech, MS University - Vadodara) birju.thakkar@magicrete.in

Birju is a B-Tech in Civil Engineering from MS University, Vadodara. Before joining Magicrete, he was associated with Jaypee Group. Birju has worked with us for over a decade now. Since joining, he has worked in different departments at Magicrete like Sales, Projects, Precast, Credit Control, Logistics, and has worked as an executive assistant to the Managing Director for 4 years. Currently, he is leading the Construction Chemical division at Magicrete.

Mehul Bagadia

Mehul is a Chartered Accountant. He has 17+ years of rich experience in the field of finance & accounts. He is currently heading the Finance and Accounts division at Magicrete. Mehul has been with us for the past 6 years. Before Magicrete he was associated with Essar Steel.