Magnet Technologies Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 1.35 M
- Company Age 25 Year, 9 Months
- Last Filing with ROC 31 Mar 2022
- Revenue Growth -95.10%
- Profit Growth -99.73%
- Ebitda -282.03%
- Total Assets -71.93%
About Magnet Technologies
Magnet Technologies Private Limited (MTPL) is Strike Off company established on 28 May 1999 with its office registered at Mumbai, Maharashtra, India and has been running since 25 Year, 9 Months with a paid up capital of 1.35 M. According to MCA records, 2 Directors are linked to this company as of 02 Feb 2025.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U72900MH1999PTC120090
- Company No.
120090
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
28 May 1999
- Date of AGM
28 Sep 2022
- Date of Balance Sheet
31 Mar 2022
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Information Technology
Who are the key members and board of directors at Magnet Technologies?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nirav Mehta  | Director | 28-May-1999 | Current |
| Haribabu Ramakrishnan | Director | 30-Aug-2021 | Current |
Financial Performance of Magnet Technologies.
Magnet Technologies Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 95.1% decrease. The company also saw a substantial fall in profitability, with a 99.73% decrease in profit. The company's net worth witnessed no change by increase of 0%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Magnet Technologies?
In 2020, Magnet Technologies had a promoter holding of 39.96% and a public holding of 60.04%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Haribabu Ramakrishnan is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Magnet Technologies?
Magnet Technologies has a workforce of 0 employees as of Apr 08, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Magnet Technologies, 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 Technologies's trajectory.
Rating
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
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 Technologies
Recent activity within the organization
- Annual General Meeting
Magnet Technologies Private Limited last Annual general meeting of members was held on 28 Sep 2022 as per latest MCA records.
- Balance Sheet
Magnet Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai.
- Director Appointment
Haribabu Ramakrishnan was appointed as a Director was appointed as a Director on 30 Aug 2021 & has been associated with this company since 3 years 6 months .
- Director Appointment
Nirav Vinodbhai Mehta was appointed as a Director was appointed as a Director on 28 May 1999 & has been associated with this company since 25 years 9 months .
- Company Incorporation
Magnet Technologies Private Limited was registered on 28 May 1999 with Roc Mumbai & aged 25 years 9 months as per MCA records.
Frequently asked questions
What is the Incorporation or founding date of Magnet Technologies Private Limited?
Magnet Technologies Private Limited was incorporated on 28 May 1999.
What is authorized share capital and paid-up capital of Magnet Technologies Private Limited?
The authorized share capital of Magnet Technologies Private Limited is ₹ 5.00 M and paid-up capital is ₹ 1.35 M.
Who are the current board members & directors of Magnet Technologies Private Limited?
Currently 2 directors are associated with Magnet Technologies Private Limited.
- Nirav Vinodbhai Mehta
- Haribabu Ramakrishnan
What is the registered address of Magnet Technologies Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Magnet Technologies Private Limited is 126 1St Floor Raghuleela Mega Mall S.V. Road Kandivali (West), India, Mumbai, Maharashtra, 400067.
What is the corporate identification number (CIN) and company number of Magnet Technologies Private Limited?
The corporate identification number (CIN) of Magnet Technologies Private Limited is U72900MH1999PTC120090 and the company number is 120090 as per Ministry of Corporate Affairs (MCA).
What is the official website of Magnet Technologies Private Limited?
The Official website of Magnet Technologies Private Limited is https://www.magnettechnologies.com
What has been the recent revenue trend for Magnet Technologies Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Magnet Technologies Private Limited has fallen by -95.10%.
When was the last Balance Sheet of Magnet Technologies Private Limited filed with the ROC?
The most recent Balance Sheet for Magnet Technologies Private Limited was filed with the ROC on 31 Mar 2022.
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