Magnetar Infratech Profile
Key Indicators
- Authorised Capital ₹ 1.20 M
- Paid Up Capital ₹ 1.20 M
- Company Age 8 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2.30 M
- Revenue Growth 58.98%
- Profit Growth 3167.19%
- Ebitda 28.14%
- Net Worth 21.24%
- Total Assets 87.05%
About Magnetar Infratech
Magnetar Infratech Private Limited (MIPL) is a Private Limited Indian Non-Government Company incorporated in India on 21 December 2016 (Eight years and two months 10 days old ). Its registered office is in Saran, Bihar, India.
The Company is engaged in the Infrastructure And Utilities 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 1.20 M and a paid-up capital of Rs 1.20 M.
The company currently has active open charges totaling ₹2.30 M.
Yuvraj Kumar, Raj Kumar, and Rituraj serve as directors at the Company.
Company Details
- Location
Saran, Bihar, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U45500BR2016PTC033107
- Company No.
033107
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
21 Dec 2016
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Patna
Industry
Infrastructure and Utilities
What products or services does Magnetar Infratech Private Limited offer?
Magnetar Infratech Private Limited offers a wide range of products and services, including Bridge Construction, Civil Engineering Service, Railway Line & Tunnel Construction, Railway Line Construction, Road Construction.
Who are the key members and board of directors at Magnetar Infratech?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Yuvraj Kumar  | Managing Director | 21-Dec-2016 | Current |
Board Members (2)
Financial Performance of Magnetar Infratech.
Magnetar Infratech Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 58.98% increase. The company also saw a substantial improvement in profitability, with a 3167.19% increase in profit. The company's net worth Soared by an impressive increase of 21.24%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Magnetar Infratech?
In 2019, Magnetar Infratech had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹2.30 M
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Others : 0.23 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Mar 2019 | Others | ₹0.60 M | Open |
| 25 Feb 2019 | Others | ₹1.70 M | Open |
How Many Employees Work at Magnetar Infratech?
Magnetar Infratech has a workforce of 2 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 Magnetar Infratech, 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 Magnetar Infratech'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 Magnetar Infratech
Recent activity within the organization
- Annual General Meeting
Magnetar Infratech Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
30 Sep 2024
- Balance Sheet
Magnetar Infratech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Patna.
31 Mar 2024
- Charges
A charge with Others amounted to Rs. 0.60 M with Charge ID 100261090 was registered on 29 Mar 2019.
29 Mar 2019
- Charges
A charge with Others amounted to Rs. 1.70 M with Charge ID 100261078 was registered on 25 Feb 2019.
25 Feb 2019
- Director Appointment
Yuvraj Kumar was appointed as a Managing Director was appointed as a Managing Director on 21 Dec 2016 & has been associated with this company since 8 years 2 months .
21 Dec 2016
- Director Appointment
Raj Kumar was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 21 Dec 2016 & has been associated with this company since 8 years 2 months .
21 Dec 2016
Frequently asked questions
What is the Incorporation or founding date of Magnetar Infratech Private Limited?
Magnetar Infratech Private Limited was incorporated on 21 Dec 2016.
What is authorized share capital and paid-up capital of Magnetar Infratech Private Limited?
The authorized share capital of Magnetar Infratech Private Limited is ₹ 1.20 M and paid-up capital is ₹ 1.20 M.
Who are the current board members & directors of Magnetar Infratech Private Limited?
Currently 3 directors are associated with Magnetar Infratech Private Limited.
- Yuvraj Kumar
- Raj Kumar
- Rituraj
What is the registered address of Magnetar Infratech Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Magnetar Infratech Private Limited is C/O Om Kumar Singh Near Railway Station, Barbatta India, Sonpur, Bihar, 841101.
What is the corporate identification number (CIN) and company number of Magnetar Infratech Private Limited?
The corporate identification number (CIN) of Magnetar Infratech Private Limited is U45500BR2016PTC033107 and the company number is 033107 as per Ministry of Corporate Affairs (MCA).
What is the official website of Magnetar Infratech Private Limited?
The Official website of Magnetar Infratech Private Limited is https://www.magnetarinfratech.com
What has been the recent revenue trend for Magnetar Infratech Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Magnetar Infratech Private Limited has risen by 58.98%.
How many employees does Magnetar Infratech Private Limited currently have?
As Per 2022 financial reports, 2 employees are currently employed by Magnetar Infratech Private Limited.
What change has been observed in the net worth of Magnetar Infratech Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Magnetar Infratech Private Limited has experienced an upsurge of 21.24%.
What are the total open charges for Magnetar Infratech Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Magnetar Infratech Private Limited amount to ₹ 2.30 M.
When was the last Balance Sheet of Magnetar Infratech Private Limited filed with the ROC?
The most recent Balance Sheet for Magnetar Infratech Private Limited was filed with the ROC on 31 Mar 2024.
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