Magnetite India Private Limited

Real estate management and software services for various clients, including senior citizen portal and smart governance.

2020 | Howrah, West Bengal (India) | Active
Last Updated: December 02, 2024

Magnetite India Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 50.00 K
  • Company Age 5 Year, 4 Days
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 45.11%
  • Profit Growth -123.64%
  • Ebitda -122.33%
  • Net Worth -224.07%
  • Total Assets -61.21%

About Magnetite India

Magnetite India Private Limited (MIPL) is a Private Limited Indian Non-Government Company incorporated in India on 05 February 2020 (Five years 4 days old ). Its registered office is in Howrah, West Bengal, India.

The Company is engaged in the Business Services 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 1.00 M and a paid-up capital of Rs 50.00 K , as per Ministry of Corporate Affairs (MCA) records.

Gopal Srimani and Indranil Srimani serve as directors at the Company.

Company Details

  • Location

    Howrah, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51909WB2020PTC236294

  • Company No.

    236294

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Feb 2020

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Business Services
Information Technology

What products or services does Magnetite India Private Limited offer?

Magnetite India Private Limited offers a wide range of products and services, including Generators, Turbines & Power Plants, Portable Generator, Diesel Engine Generator Set, CCTV, Surveillance Systems and Parts, Dome Camera, Surveillance Systems, CCTV Camera.

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

Board Members (2)

Name Designation Appointment Date Status
Gopal Srimani Country flag representing In Director 05-Feb-2020 Current
Indranil Srimani Country flag representing In Director 05-Feb-2020 Current

Financial Performance of Magnetite India.

Magnetite India Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 45.11% increase. The company also saw a substantial fall in profitability, with a 123.64% decrease in profit. The company's net worth observed a substantial decline by a decrease of 224.07%.

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
45.11%
Revenue from Operations
45.08%
Total Assets
-61.21%
Profit or Loss
-123.64%
Net Worth
-224.07%
EBITDA
-122.33%

What is the Ownership and Shareholding Structure of Magnetite India?

In 2022, Magnetite India had a promoter holding of 100.00%. 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 Magnetite India?

Magnetite India has a workforce of 80 employees as of Apr 09, 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 Magnetite 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 Magnetite 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 Magnetite India

Recent activity within the organization

  • Annual General Meeting

    Magnetite India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Magnetite India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Director Appointment

    Indranil Srimani was appointed as a Director was appointed as a Director on 05 Feb 2020 & has been associated with this company since 5 years 4 days .

    05 Feb 2020

  • Director Appointment

    Gopal Chandra Srimani was appointed as a Director was appointed as a Director on 05 Feb 2020 & has been associated with this company since 5 years 4 days .

    05 Feb 2020

  • Company Incorporation

    Magnetite India Private Limited was registered on 05 Feb 2020 with Roc Kolkata & aged 5 years 4 days as per MCA records.

    05 Feb 2020

Frequently asked questions

  • Magnetite India Private Limited was incorporated on 05 Feb 2020.

  • The authorized share capital of Magnetite India Private Limited is ₹ 1.00 M and paid-up capital is ₹ 50.00 K .

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

    • Gopal Chandra Srimani
    • Indranil Srimani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Magnetite India Private Limited is Opp. Mohiary K.C. Institution Mahiary Acharya Siris Sarani, Andul India, Howrah, West Bengal, 711302.

  • The corporate identification number (CIN) of Magnetite India Private Limited is U51909WB2020PTC236294 and the company number is 236294 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Magnetite India Private Limited is https://www.magnetiteindia.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Magnetite India Private Limited has risen by 45.11%.

  • As Per 2022 financial reports, 80 employees are currently employed by Magnetite India Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Magnetite India Private Limited has experienced an downturn of -224.07%.

  • The most recent Balance Sheet for Magnetite India Private Limited was filed with the ROC on 31 Mar 2024.