Magnet Softech Private Limited

Founded in 2011 and headquartered in West Bengal, India.

2011 | 24 Parganas, West Bengal (India) | Active
Last Updated:

Magnet Softech Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 2.00 M
  • Company Age 13 Year, 11 Months
  • Last Filing with ROC 31 Mar 2021
  • Revenue Growth 3.09%
  • Profit Growth -1444.08%
  • Ebitda -1202.00%
  • Net Worth -0.50%
  • Total Assets

About Magnet Softech

Magnet Softech Private Limited (MSPL) is a Private Limited Indian Non-Government Company incorporated in India on 16 May 2011 and has a history of 13 years and 11 months. Its registered office is in 24 Parganas, West Bengal, India.

The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2021. It's a company limited by shares with an authorized capital of Rs 2.00 M and a paid-up capital of Rs 2.00 M, as per Ministry of Corporate Affairs (MCA) records.

Bindu Agrawal and Kasturi Agrawal serve as directors at the Company.

Company Details

  • Location

    24 Parganas, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200WB2011PTC162631

  • Company No.

    162631

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 May 2011

  • Date of AGM

    30 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Information Technology
Company report

Magnet Softech Private Limited

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

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

Board Members (2)

NameDesignationAppointment DateStatus
Bindu Agrawal Country flag representing In Director 16-May-2011Current
Kasturi Agrawal Country flag representing In Director 11-Dec-2018Current

Financial Performance of Magnet Softech.

Magnet Softech Private Limited, for the financial year ended 2020, experienced modest growth in revenue, with a 3.09% increase. The company also saw a substantial fall in profitability, with a 1444.08% decrease in profit. The company's net worth dipped by a decrease of 0.5%.

Magnet Softech revenue growth over time
Magnet Softech 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
3.09%
Revenue from Operations
3.08%
Total Assets
Profit or Loss
-1444.08%
Net Worth
-0.50%
EBITDA
-1202.00%

What is the Ownership and Shareholding Structure of Magnet Softech?

In 2020, Magnet Softech 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 Softech?

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

Employee growth trends for Magnet Softech Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Magnet Softech Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

  • Balance Sheet

    Magnet Softech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Kolkata.

  • Director Appointment

    Kasturi Agrawal was appointed as a Director was appointed as a Director on 11 Dec 2018 & has been associated with this company since 6 years 4 months .

  • Director Appointment

    Bindu Agrawal was appointed as a Director was appointed as a Director on 16 May 2011 & has been associated with this company since 13 years 11 months .

  • Company Incorporation

    Magnet Softech Private Limited was registered on 16 May 2011 with Roc Kolkata & aged 13 years 11 months as per MCA records.

Frequently asked questions

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

    Magnet Softech Private Limited was incorporated on 16 May 2011.

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

    The authorized share capital of Magnet Softech Private Limited is ₹ 2.00 M and paid-up capital is ₹ 2.00 M.

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

    Currently 2 directors are associated with Magnet Softech Private Limited.

    • Bindu Agrawal
    • Kasturi Agrawal

  • What is the registered address of Magnet Softech Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Magnet Softech Private Limited is Ad - 261, Salt Lake City 2Nd Floor India, Kolkata, West Bengal, 700064.

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

    The corporate identification number (CIN) of Magnet Softech Private Limited is U72200WB2011PTC162631 and the company number is 162631 as per Ministry of Corporate Affairs (MCA).

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

    According to the financial reports for the fiscal year 2020, the revenue trend for Magnet Softech Private Limited has risen by 3.09%.

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

    The financial reports for the fiscal year 2020 indicates that The net worth of Magnet Softech Private Limited has experienced an downturn of -0.50%.

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

    The most recent Balance Sheet for Magnet Softech Private Limited was filed with the ROC on 31 Mar 2021.

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