Magnet Brains Software Technology Private Limited

Provides software training and hiring programs for developers, with services and products for businesses.

2013 | Bhopal, Madhya Pradesh (India) | Active
Last Updated: November 16, 2024

Magnet Brains Software Technology Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.20 M
  • Company Age 11 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 171.20%
  • Profit Growth 894.25%
  • Ebitda 574.34%
  • Net Worth 224.43%
  • Total Assets 170.36%

About Magnet Brains Software Technology

Magnet Brains Software Technology Private Limited (MBSTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 February 2013 and has a history of 11 years and 11 months. Its registered office is in Bhopal, Madhya Pradesh, India.

The Company is engaged in the Internet Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.20 M, as per Ministry of Corporate Affairs (MCA) records.

Pankaj Agarwal and Neeraj Agarwal serve as directors at the Company.

Company Details

  • Location

    Bhopal, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    magnetbrains.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200MP2013PTC030164

  • Company No.

    030164

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Feb 2013

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Gwalior

Industry

Internet

Who are the key members and board of directors at Magnet Brains Software Technology?

Executive Team (1)

Name Designation Appointment Date Status
Pankaj Agarwal Country flag representing In Managing Director 01-Dec-2019 Current

Board Members (1)

Name Designation Appointment Date Status
Neeraj Agarwal Country flag representing In Whole-Time Director 01-Dec-2019 Current

Financial Performance of Magnet Brains Software Technology.

Magnet Brains Software Technology Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 171.2% increase. The company also saw a substantial improvement in profitability, with a 894.25% increase in profit. The company's net worth Soared by an impressive increase of 224.43%.

Graph illustrating revenue growth over time
Graph showing 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
171.20%
Revenue from Operations
176.23%
Total Assets
170.36%
Profit or Loss
894.25%
Net Worth
224.43%
EBITDA
574.34%

What is the Ownership and Shareholding Structure of Magnet Brains Software Technology?

In 2023, Magnet Brains Software Technology had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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 Magnet Brains Software Technology?

Magnet Brains Software Technology has a workforce of 41 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Magnet Brains Software Technology, 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 Brains Software Technology'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

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Magnet Brains Software Technology

Recent activity within the organization

  • Annual General Meeting

    Magnet Brains Software Technology Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Magnet Brains Software Technology Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Gwalior.

    31 Mar 2023

  • Director Appointment

    Pankaj Agarwal was appointed as a Managing Director was appointed as a Managing Director on 01 Dec 2019 & has been associated with this company since 5 years 2 months .

    01 Dec 2019

  • Director Appointment

    Neeraj Agarwal was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 01 Dec 2019 & has been associated with this company since 5 years 2 months .

    01 Dec 2019

  • Company Incorporation

    Magnet Brains Software Technology Private Limited was registered on 28 Feb 2013 with Roc Gwalior & aged 11 years 11 months as per MCA records.

    28 Feb 2013

Frequently asked questions

  • Magnet Brains Software Technology Private Limited was incorporated on 28 Feb 2013.

  • The authorized share capital of Magnet Brains Software Technology Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.20 M.

  • Currently 2 directors are associated with Magnet Brains Software Technology Private Limited.

    • Pankaj Agarwal
    • Neeraj Agarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Magnet Brains Software Technology Private Limited is E-3/49 3Rd Floor Kamdar Apartment 10 Number, Arera Colony India, Bhopal, Madhya Pradesh, 462016.

  • The corporate identification number (CIN) of Magnet Brains Software Technology Private Limited is U72200MP2013PTC030164 and the company number is 030164 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Magnet Brains Software Technology Private Limited is https://www.magnetbrains.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Magnet Brains Software Technology Private Limited has risen by 171.20%.

  • As Per 2023 financial reports, 41 employees are currently employed by Magnet Brains Software Technology Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Magnet Brains Software Technology Private Limited has experienced an upsurge of 224.43%.

  • The most recent Balance Sheet for Magnet Brains Software Technology Private Limited was filed with the ROC on 31 Mar 2023.