Magneticcap India Private Limited

Provides software development and IT services, incorporated in 2021, based in Bangalore.

2021 | Bangaluru, Karnataka (India) | Active
Last Updated: December 22, 2024

Magneticcap India Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 10.00 K
  • Company Age 4 Year, 14 Days
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 876.32%
  • Profit Growth 743.94%
  • Ebitda 1009.23%
  • Net Worth 830.05%
  • Total Assets 37.46%

About Magneticcap India

Magneticcap India Private Limited (MIPL) is a Private Limited Indian Non-Government Company incorporated in India on 18 January 2021 (Four years 14 days old ). Its registered office is in Bangaluru, 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 1.50 M and a paid-up capital of Rs 10.00 K , as per Ministry of Corporate Affairs (MCA) records.

Nagraj Hari and Andy Lu serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72900KA2021PTC143234

  • Company No.

    143234

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Jan 2021

  • Date of AGM

    29 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 Magneticcap India?

Board Members (2)

Name Designation Appointment Date Status
Nagraj Hari Country flag representing In Director 25-Jan-2021 Current
Andy Lu Country flag representing Us Director 25-Jan-2021 Current

Financial Performance of Magneticcap India.

Magneticcap India Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 876.32% increase. The company also saw a substantial improvement in profitability, with a 743.94% increase in profit. The company's net worth Soared by an impressive increase of 830.05%.

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
876.32%
Revenue from Operations
876.32%
Total Assets
37.46%
Profit or Loss
743.94%
Net Worth
830.05%
EBITDA
1009.23%

What is the Ownership and Shareholding Structure of Magneticcap India?

Unlock access to Magneticcap India's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

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 Magneticcap India?

Magneticcap India has a workforce of 14 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Magneticcap India, 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 Magneticcap India'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 Magneticcap India

Recent activity within the organization

  • Annual General Meeting

    Magneticcap India Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Director Appointment

    Nagraj Rao Hari was appointed as a Director was appointed as a Director on 25 Jan 2021 & has been associated with this company since 4 years 7 days .

    25 Jan 2021

  • Director Appointment

    Andy Thang Lu was appointed as a Director was appointed as a Director on 25 Jan 2021 & has been associated with this company since 4 years 7 days .

    25 Jan 2021

  • Company Incorporation

    Magneticcap India Private Limited was registered on 18 Jan 2021 with Roc Bangalore & aged 4 years 14 days as per MCA records.

    18 Jan 2021

Frequently asked questions

  • Magneticcap India Private Limited was incorporated on 18 Jan 2021.

  • The authorized share capital of Magneticcap India Private Limited is ₹ 1.50 M and paid-up capital is ₹ 10.00 K .

  • Currently 2 directors are associated with Magneticcap India Private Limited.

    • Nagraj Rao Hari
    • Andy Thang Lu
  • As per Ministry of Corporate Affairs (Mca), the registered address of Magneticcap India Private Limited is No.43/3 Room 2 Kanakapura Road Basavanagudi, India, Bangalore, Karnataka, 560004.

  • The corporate identification number (CIN) of Magneticcap India Private Limited is U72900KA2021PTC143234 and the company number is 143234 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Magneticcap India Private Limited has risen by 876.32%.

  • As Per 2022 financial reports, 14 employees are currently employed by Magneticcap India Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Magneticcap India Private Limited has experienced an upsurge of 830.05%.

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

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