Magnetar Labs Private Limited

Software company offering design, development, customization, and distribution services.

2021 | Bangalore, Karnataka (India) | Active
Last Updated: October 27, 2024

Magnetar Labs Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 3 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 176.50%
  • Profit Growth 229.84%
  • Ebitda 24869.50%
  • Net Worth 305.60%
  • Total Assets 52.66%

About Magnetar Labs

Magnetar Labs Private Limited (MLPL) is a Private Limited Indian Non-Government Company incorporated in India on 21 May 2021 (Three years and eight months 24 days old ). Its registered office is in Bangalore, Karnataka, 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 2023. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Joydeep Sarma and Ankit Jain serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    clearfeed.ai

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72900KA2021PTC147716

  • Company No.

    147716

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 May 2021

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

Who are the key members and board of directors at Magnetar Labs?

Board Members (2)

Name Designation Appointment Date Status
Ankit Jain Country flag representing In Director 25-Mar-2022 Current
Joydeep Sarma Country flag representing In Director 21-May-2021 Current

Financial Performance of Magnetar Labs.

Magnetar Labs Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 176.5% increase. The company also saw a substantial improvement in profitability, with a 229.84% increase in profit. The company's net worth Soared by an impressive increase of 305.6%.

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
176.50%
Revenue from Operations
222.11%
Total Assets
52.66%
Profit or Loss
229.84%
Net Worth
305.60%
EBITDA
24869.50%

What is the Ownership and Shareholding Structure of Magnetar Labs?

In 2023, Magnetar Labs had a promoter holding of 0.01% and a public holding of 99.99%. 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 Magnetar Labs?

Unlock and access historical data on people associated with Magnetar Labs, 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 Magnetar Labs, 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 Labs'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 Magnetar Labs

Recent activity within the organization

  • Annual General Meeting

    Magnetar Labs Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Magnetar Labs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Ankit Jain was appointed as a Director was appointed as a Director on 25 Mar 2022 & has been associated with this company since 2 years 10 months .

    25 Mar 2022

  • Director Appointment

    Joydeep Sen Sarma was appointed as a Director was appointed as a Director on 21 May 2021 & has been associated with this company since 3 years 8 months .

    21 May 2021

  • Company Incorporation

    Magnetar Labs Private Limited was registered on 21 May 2021 with Roc Bangalore & aged 3 years 8 months as per MCA records.

    21 May 2021

Recent News, Updates & Announcement

Frequently asked questions

  • Magnetar Labs Private Limited was incorporated on 21 May 2021.

  • The authorized share capital of Magnetar Labs Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Magnetar Labs Private Limited.

    • Joydeep Sen Sarma
    • Ankit Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Magnetar Labs Private Limited is No. 6033 Sobha Dahlia Apartments, Bellandur India, Bangalore, Karnataka, 560103.

  • The corporate identification number (CIN) of Magnetar Labs Private Limited is U72900KA2021PTC147716 and the company number is 147716 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Magnetar Labs Private Limited is https://www.clearfeed.ai

  • According to the financial reports for the fiscal year 2023, the revenue trend for Magnetar Labs Private Limited has risen by 176.50%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Magnetar Labs Private Limited has experienced an upsurge of 305.60%.

  • The most recent Balance Sheet for Magnetar Labs Private Limited was filed with the ROC on 31 Mar 2023.

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