Magnet It Solutions Private Limited

Founded in 2016 and headquartered in Delhi, India.

2016 | Delhi (India) | Active
Last Updated: December 23, 2024

Magnet It Solutions Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 8 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth %
  • Profit Growth 24.98%
  • Ebitda 28.59%
  • Net Worth -4.60%
  • Total Assets -28.75%

About Magnet It Solutions

Magnet It Solutions Private Limited (MISPL) is a Private Limited Indian Non-Government Company incorporated in India on 29 September 2016 (Eight years and four months 4 days old ). Its registered office is in Delhi, India.

The Company is engaged in the Education & Learing 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.

Sumedha Nangia and Gurmeet Kaur serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72100DL2016PTC306578

  • Company No.

    306578

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Sep 2016

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Education & Learing

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

Board Members (2)

Name Designation Appointment Date Status
Sumedha Nangia Country flag representing In Director 23-Apr-2022 Current
Gurmeet Kaur Country flag representing In Director 29-Apr-2017 Current

Financial Performance of Magnet It Solutions.

Magnet It Solutions Private Limited, for the financial year ended 2021, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 24.98% increase in profit. The company's net worth dipped by a decrease of 4.6%.

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
Revenue from Operations
Total Assets
-28.75%
Profit or Loss
24.98%
Net Worth
-4.60%
EBITDA
28.59%

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

In 2017, Magnet It Solutions 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)

Placeholder for charges-related data

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

How Many Employees Work at Magnet It Solutions?

Unlock and access historical data on people associated with Magnet It Solutions, 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 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 Magnet 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

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 It Solutions

Recent activity within the organization

  • Annual General Meeting

    Magnet It Solutions Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Balance Sheet

    Magnet It Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Director Appointment

    Sumedha Nangia was appointed as a Director was appointed as a Director on 23 Apr 2022 & has been associated with this company since 2 years 9 months .

    23 Apr 2022

  • Director Appointment

    Gurmeet Kaur was appointed as a Director was appointed as a Director on 29 Apr 2017 & has been associated with this company since 7 years 9 months .

    29 Apr 2017

  • Company Incorporation

    Magnet It Solutions Private Limited was registered on 29 Sep 2016 with Roc Delhi & aged 8 years 4 months as per MCA records.

    29 Sep 2016

Frequently asked questions

  • Magnet It Solutions Private Limited was incorporated on 29 Sep 2016.

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

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

    • Sumedha Nangia
    • Gurmeet Kaur
  • As per Ministry of Corporate Affairs (Mca), the registered address of Magnet It Solutions Private Limited is H. No. -309 G/F Gali No.-2, Vill-Samalka Near Boys Primary School India, New Delhi, 110037.

  • The corporate identification number (CIN) of Magnet It Solutions Private Limited is U72100DL2016PTC306578 and the company number is 306578 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2021 indicates that The net worth of Magnet It Solutions Private Limited has experienced an downturn of -4.60%.

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

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