Magnet Buildtech Private Limited

Electric power generation, transmission, and distribution, as well as property development and management.

2012 | Ahmedabad, Gujarat (India) | Active
Last Updated: January 11, 2025

Magnet Buildtech Profile

Key Indicators

  • Authorised Capital ₹ 2.63 Cr
  • Paid Up Capital ₹ 1.01 Cr
  • Company Age 12 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 242.86 Cr
  • Satisfied Charges ₹ 367.86 Cr
  • Revenue Growth -1.36%
  • Profit Growth 25.83%
  • Ebitda -0.95%
  • Net Worth -17.73%
  • Total Assets -7.49%

About Magnet Buildtech

Magnet Buildtech Private Limited (MBPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 May 2012 and has a history of 12 years and nine months. Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Environment 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 2.63 Cr and a paid-up capital of Rs 1.01 Cr.

The company currently has active open charges totaling ₹242.86 Cr. The company has closed loans amounting to ₹367.86 Cr, as per Ministry of Corporate Affairs (MCA) records.

Abhishek Poddar and Rajeev Sharma serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U70101GJ2012PTC107117

  • Company No.

    107117

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 May 2012

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Environment

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

Board Members (2)

NameDesignationAppointment DateStatus
Abhishek Poddar Country flag representing In Nominee Director 04-Nov-2022Current
Rajeev Sharma Country flag representing In Director 06-Jul-2021Current

Financial Performance of Magnet Buildtech.

Magnet Buildtech Private Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 1.36% decrease. The company also saw a substantial improvement in profitability, with a 25.83% increase in profit. The company's net worth observed a substantial decline by a decrease of 17.73%.

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
-1.36%
Revenue from Operations
-1.83%
Total Assets
-7.49%
Profit or Loss
25.83%
Net Worth
-17.73%
EBITDA
-0.95%

What is the Ownership and Shareholding Structure of Magnet Buildtech?

In 2021, Magnet Buildtech had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹242.86 Cr

Satisfied Charges

₹367.86 Cr

Charges Breakdown by Lending Institutions

  • Sbicap Trustee Company Limited : 242.86 Cr

Latest Charge Details

DateLenderAmountStatus
20 Sep 2018Sbicap Trustee Company Limited₹242.86 CrOpen
14 Oct 2016Others₹242.86 CrSatisfied
04 Mar 2016Ptc India Financial Services Limited₹125.00 CrSatisfied

How Many Employees Work at Magnet Buildtech?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Magnet Buildtech, 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 Buildtech'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 Buildtech

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Magnet Buildtech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Sbicap Trustee Company Limited of Rs. 242.86 Cr registered on 20 Sep 2018 with Charge ID 100204811 was modified on 04 Jul 2023.

    04 Jul 2023

  • Director Appointment

    Abhishek Poddar was appointed as a Nominee Director was appointed as a Nominee Director on 04 Nov 2022 & has been associated with this company since 2 years 3 months .

    04 Nov 2022

  • Director Appointment

    Rajeev Sharma was appointed as a Director was appointed as a Director on 06 Jul 2021 & has been associated with this company since 3 years 7 months .

    06 Jul 2021

  • Charges

    A charge with Sbicap Trustee Company Limited amounted to Rs. 242.86 Cr with Charge ID 100204811 was registered on 20 Sep 2018.

    20 Sep 2018

Frequently asked questions

  • Magnet Buildtech Private Limited was incorporated on 22 May 2012.

  • The authorized share capital of Magnet Buildtech Private Limited is ₹ 2.63 Cr and paid-up capital is ₹ 1.01 Cr.

  • Currently 2 directors are associated with Magnet Buildtech Private Limited.

    • Abhishek Poddar
    • Rajeev Sharma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Magnet Buildtech Private Limited is 906-907 Indraprasth Corporate Opp.Venus Atlantis 100 Ft. Road Prahladnagar, India, Ahmedabad, Gujarat, 380015.

  • The corporate identification number (CIN) of Magnet Buildtech Private Limited is U70101GJ2012PTC107117 and the company number is 107117 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Magnet Buildtech Private Limited has fallen by -1.36%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Magnet Buildtech Private Limited has experienced an downturn of -17.73%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Magnet Buildtech Private Limited amount to ₹ 242.86 Cr.

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

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