Magneticcap India Private Limited

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
HomeCompanyMagneticcap India Private Limited

Who are the key members and board of directors at Magneticcap India?

Board Members(2)

NameDesignationAppointment DateStatus
Nagraj Hari In Director 25-Jan-2021Current
Andy Lu Us Director 25-Jan-2021Current

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%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
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Metric
(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%

Related Corporates (Common Directorship)

Charges (Loans)

Charges

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.

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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 3 years 10 months .

    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 3 years 10 months .

    25 Jan 2021

  • Company Incorporation

    Magneticcap India Private Limited was registered on 18 Jan 2021 with Roc Bangalore & aged 3 years 11 months 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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