Magnar It Solutions Private Limited

Founded in 2018 and headquartered in Orissa, India.

2018 | Khorda, Odisha (India) | Active
Last Updated:

Magnar It Solutions Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 7 Year, 2 Months
  • Last Filing with ROC 31 Mar 2022
  • Revenue Growth -27.76%
  • Profit Growth 263.37%
  • Ebitda -47.85%
  • Net Worth 2.63%
  • Total Assets 51.16%

About Magnar It Solutions

Magnar It Solutions Private Limited (MISPL) is a Private Limited Indian Non-Government Company incorporated in India on 04 January 2018 (Seven years and two months 8 days old ). Its registered office is in Khorda, Odisha, India.

The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Rajat Rana and Basanta Rana serve as directors at the Company.

Company Details

  • Location

    Khorda, Odisha, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72900OR2018PTC028161

  • Company No.

    028161

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Jan 2018

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Information Technology
Company report

Magnar It Solutions Private Limited

Explore comprehensive data for Magnar It Solutions Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Magnar It Solutions?

Board Members (2)

NameDesignationAppointment DateStatus
Rajat Rana Country flag representing In Director 04-Jan-2018Current
Basanta Rana Country flag representing In Director 24-Jul-2023Current

Financial Performance of Magnar It Solutions.

Magnar It Solutions Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 27.76% decrease. The company also saw a substantial improvement in profitability, with a 263.37% increase in profit. The company's net worth moved up by a moderate rise of 2.63%.

Magnar It Solutions revenue growth over time
Magnar It Solutions profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-27.76%
Revenue from Operations
-27.76%
Total Assets
51.16%
Profit or Loss
263.37%
Net Worth
2.63%
EBITDA
-47.85%

What is the Ownership and Shareholding Structure of Magnar It Solutions?

Unlock access to Magnar It Solutions's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Magnar It Solutions?

Unlock and access historical data on people associated with Magnar It Solutions, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Magnar It Solutions Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Magnar It Solutions, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Magnar It Solutions's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

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Latest Updates, News, and FAQs on Magnar It Solutions

Recent activity within the organization

  • Director Appointment

    Basanta Kumar Rana was appointed as a Director was appointed as a Director on 24 Jul 2023 & has been associated with this company since 1 year 7 months .

  • Annual General Meeting

    Magnar It Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

  • Balance Sheet

    Magnar It Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Cuttack.

  • Director Appointment

    Rajat Rana was appointed as a Director was appointed as a Director on 04 Jan 2018 & has been associated with this company since 7 years 2 months .

  • Company Incorporation

    Magnar It Solutions Private Limited was registered on 04 Jan 2018 with Roc Cuttack & aged 7 years 2 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Magnar It Solutions Private Limited?

    Magnar It Solutions Private Limited was incorporated on 04 Jan 2018.

  • What is authorized share capital and paid-up capital of Magnar It Solutions Private Limited?

    The authorized share capital of Magnar It Solutions Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Magnar It Solutions Private Limited?

    Currently 2 directors are associated with Magnar It Solutions Private Limited.

    • Rajat Rana
    • Basanta Kumar Rana
  • What is the registered address of Magnar It Solutions Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Magnar It Solutions Private Limited is Plot No. 274/2390, Mahadev Vihar Jharapada India, Bhubaneswar, Orissa, 751006.

  • What is the corporate identification number (CIN) and company number of Magnar It Solutions Private Limited?

    The corporate identification number (CIN) of Magnar It Solutions Private Limited is U72900OR2018PTC028161 and the company number is 028161 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Magnar It Solutions Private Limited?

    According to the financial reports for the fiscal year 2020, the revenue trend for Magnar It Solutions Private Limited has fallen by -27.76%.

  • What change has been observed in the net worth of Magnar It Solutions Private Limited, and by what percentage?

    The financial reports for the fiscal year 2020 indicates that The net worth of Magnar It Solutions Private Limited has experienced an upsurge of 2.63%.

  • When was the last Balance Sheet of Magnar It Solutions Private Limited filed with the ROC?

    The most recent Balance Sheet for Magnar It Solutions Private Limited was filed with the ROC on 31 Mar 2022.

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