Magnetic Infotech Private Limited

Magnetic Infotech Private Limited

Provides IT-enabled services, data processing, GIS applications, IVRS, call conference, SMS, and e-fax broadcasting.
2000 | Secunderabad, Telangana (India) | Active

Last Updated:

July 06, 2024
HomeCompanyMagnetic Infotech Private Limited

Who are the key members and board of directors at Magnetic Infotech?

Executive Team (1)

NameDesignationAppointment DateStatus
Vijaya Rao InManaging Director16-Mar-2001Current

Board Members(1)

NameDesignationAppointment DateStatus
Praduymna Chitineni In Director 05-Aug-2005Current

Financial Performance of Magnetic Infotech.

Magnetic Infotech Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 132.43% increase. The company also saw a substantial improvement in profitability, with a 157.52% increase in profit. The company's net worth Soared by an impressive increase of 19.25%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
132.43%
Revenue from Operations
140.59%
Total Assets
15.76%
Profit or Loss
157.52%
Net Worth
19.25%
EBITDA
173.18%

Charges (Loans)

Open Charges

₹0.11 Cr

LenderAmountStatus

Andhra Bank

Creation Date: 15 Nov 2002
₹1.07 MOpen

How Many Employees Work at Magnetic Infotech?

Magnetic Infotech has a workforce of 18 employees as of Apr 04, 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.

Employee Graph

Deals i

Rating

Alerts

Latest Updates, News, and FAQs on Magnetic Infotech

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Magnetic Infotech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Director Appointment

    Praduymna Pravin Chitineni was appointed as a Director was appointed as a Director on 05 Aug 2005 & has been associated with this company since 19 years 5 months .

    05 Aug 2005

  • Charges

    A charge with Andhra Bank amounted to Rs. 0.11 Cr with Charge ID 90128271 was registered on 15 Nov 2002.

    15 Nov 2002

  • Director Appointment

    Vijaya Narasimha Rao was appointed as a Managing Director was appointed as a Managing Director on 16 Mar 2001 & has been associated with this company since 23 years 9 months .

    16 Mar 2001

  • Company Incorporation

    Magnetic Infotech Private Limited was registered on 24 Mar 2000 with Roc Hyderabad & aged 24 years 9 months as per MCA records.

    24 Mar 2000

Frequently asked questions

  • Magnetic Infotech Private Limited was incorporated on 24 Mar 2000.

  • The authorized share capital of Magnetic Infotech Private Limited is ₹ 2.50 Cr and paid-up capital is ₹ 2.10 Cr.

  • Currently 2 directors are associated with Magnetic Infotech Private Limited.

    • Vijaya Narasimha Rao
    • Praduymna Pravin Chitineni
  • As per Ministry of Corporate Affairs (Mca), the registered address of Magnetic Infotech Private Limited is Plot No.8 Krishna Nagar Wellington Road Kakaguda Village, Secunderabad, Telangana, India, 500015.

  • The corporate identification number (CIN) of Magnetic Infotech Private Limited is U72200TG2000PTC034014 and the company number is 034014 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Magnetic Infotech Private Limited is https://www.magneticinfotech.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Magnetic Infotech Private Limited has risen by 132.43%.

  • As Per 2023 financial reports, 18 employees are currently employed by Magnetic Infotech Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Magnetic Infotech Private Limited has experienced an upsurge of 19.25%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Magnetic Infotech Private Limited amount to ₹ 1.07 M.

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

People also Viewed

Similar Companies Based on Database Management & Solutions