Magnet Advisory Services Private Limited

Provides accounting, auditing, and advisory services to companies and organizations in India and abroad.

2014 | Bangaluru, Karnataka (India) | Active
Last Updated:

Magnet Advisory Services Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 11 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 31.43%
  • Profit Growth -27.12%
  • Ebitda -25.26%
  • Net Worth 5.19%
  • Total Assets 9.23%

About Magnet Advisory Services

Magnet Advisory Services Private Limited (MASPL) is a Private Limited Indian Non-Government Company incorporated in India on 18 February 2014 and has a history of 11 years and two months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Abhishek Jain and Ankita Bafna serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74140KA2014PTC073683

  • Company No.

    073683

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Feb 2014

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Financial Services
Business Outsourcing
Company report

Magnet Advisory Services Private Limited

Explore comprehensive data for Magnet Advisory Services Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Magnet Advisory Services?

Board Members (2)

NameDesignationAppointment DateStatus
Abhishek Jain Country flag representing In Director 28-Mar-2023Current
Ankita Bafna Country flag representing In Whole-Time Director 29-Mar-2015Current

Financial Performance of Magnet Advisory Services.

Magnet Advisory Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 31.43% increase. The company also saw a substantial fall in profitability, with a 27.12% decrease in profit. The company's net worth moved up by a moderate rise of 5.19%.

Magnet Advisory Services revenue growth over time
Magnet Advisory Services 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
31.43%
Revenue from Operations
31.52%
Total Assets
9.23%
Profit or Loss
-27.12%
Net Worth
5.19%
EBITDA
-25.26%

What is the Ownership and Shareholding Structure of Magnet Advisory Services?

Unlock access to Magnet Advisory Services'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)

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

How Many Employees Work at Magnet Advisory Services?

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Employee growth trends for Magnet Advisory Services Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Magnet Advisory Services, 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 Magnet Advisory Services's trajectory.

Rating

Graph displaying rating trends over time

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Alerts

Alert Indicator

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Latest Updates, News, and FAQs on Magnet Advisory Services

Recent activity within the organization

  • Annual General Meeting

    Magnet Advisory Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Magnet Advisory Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Director Appointment

    Abhishek Jain was appointed as a Director was appointed as a Director on 28 Mar 2023 & has been associated with this company since 2 years 1 month .

  • Director Appointment

    Ankita Bafna was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 29 Mar 2015 & has been associated with this company since 10 years 1 month .

  • Company Incorporation

    Magnet Advisory Services Private Limited was registered on 18 Feb 2014 with Roc Bangalore & aged 11 years 2 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Magnet Advisory Services Private Limited?

    Magnet Advisory Services Private Limited was incorporated on 18 Feb 2014.

  • What is authorized share capital and paid-up capital of Magnet Advisory Services Private Limited?

    The authorized share capital of Magnet Advisory Services Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Magnet Advisory Services Private Limited?

    Currently 2 directors are associated with Magnet Advisory Services Private Limited.

    • Abhishek Jain
    • Ankita Bafna

  • What is the registered address of Magnet Advisory Services Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Magnet Advisory Services Private Limited is Wc-3 3Rd Floor No 79/5 Sri Lakshmi Venkateshwara Complex Vani Vilas Road Basavanagudi, India, Bengaluru, Karnataka, 560004.

  • What is the corporate identification number (CIN) and company number of Magnet Advisory Services Private Limited?

    The corporate identification number (CIN) of Magnet Advisory Services Private Limited is U74140KA2014PTC073683 and the company number is 073683 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Magnet Advisory Services Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Magnet Advisory Services Private Limited has risen by 31.43%.

  • What change has been observed in the net worth of Magnet Advisory Services Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Magnet Advisory Services Private Limited has experienced an upsurge of 5.19%.

  • When was the last Balance Sheet of Magnet Advisory Services Private Limited filed with the ROC?

    The most recent Balance Sheet for Magnet Advisory Services Private Limited was filed with the ROC on 31 Mar 2024.

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