Magnar It Solutions Private Limited

Magnar It Solutions Private Limited

Founded in 2018 headquartered in Orissa, India.
2018 | Khorda, Odisha (India) | Active

Last Updated:

July 12, 2024
HomeCompanyMagnar It Solutions Private Limited

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

Board Members(2)

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

Financial Performance and Corporate Structure Insights 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%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(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%

Charges (Loans)

Charges

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 Graph

Deals i

Rating

Alerts

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 4 months .

    24 Jul 2023

  • 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.

    30 Sep 2022

  • Balance Sheet

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

    31 Mar 2022

  • 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 6 years 11 months .

    04 Jan 2018

  • Company Incorporation

    Magnar It Solutions Private Limited was registered on 04 Jan 2018 with Roc Cuttack & aged 6 years 11 months as per MCA records.

    04 Jan 2018

Frequently asked questions

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

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

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

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

  • 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).

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

  • 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%.

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

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