Magnetix Infosystems & Development Profile
Key Indicators
- Authorised Capital ₹ 6.00 M
- Paid Up Capital ₹ 5.75 M
- Company Age 6 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 2.80 Cr
- Revenue Growth 869.70%
- Profit Growth 806.47%
- Ebitda 437.64%
- Net Worth 765.25%
- Total Assets 334.08%
About Magnetix Infosystems & Development
Magnetix Infosystems & Development Private Limited (MIDPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 16 February 2018 (Six years and 11 months 17 days old ). Its registered office is in Patna, Bihar, India.
The Corporate was formerly known as Magnet Infosystems & Development Private Limited. 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 6.00 M and a paid-up capital of Rs 5.75 M.
The company currently has active open charges totaling ₹2.80 Cr.
Anil Kumar, Nagendra Kumar, Prem Kumar, and One other member serve as directors at the Company.
Company Details
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Location
Patna, Bihar, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U74999BR2018PTC037160
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Company No.
037160
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
16 Feb 2018
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Patna
Industry
Who are the key members and board of directors at Magnetix Infosystems & Development?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Majesh Raj
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Managing Director | 16-Feb-2018 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
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Anil Kumar
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Director | 16-Feb-2018 | Current |
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Nagendra Kumar
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Director | 29-Jun-2022 | Current |
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Prem Kumar
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Director | 16-Feb-2018 | Current |
Financial Performance of Magnetix Infosystems & Development.
Magnetix Infosystems & Development Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 869.7% increase. The company also saw a substantial improvement in profitability, with a 806.47% increase in profit. The company's net worth Soared by an impressive increase of 765.25%.
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What is the Ownership and Shareholding Structure of Magnetix Infosystems & Development?
In 2023, Magnetix Infosystems & Development had a public holding of 52.17%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Sun Shine Development Private LimitedAnil Kumar, Nagendra Kumar and 2 more are mutual person
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Mightech Works Private Limited
Anil Kumar, Nagendra Kumar and 2 more are mutual person
Charges (Loans)
₹28.00 M
₹0
Charges Breakdown by Lending Institutions
- State Bank Of India : 2.80 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Dec 2022 | State Bank Of India | ₹2.80 Cr | Open |
How Many Employees Work at Magnetix Infosystems & Development?
Magnetix Infosystems & Development has a workforce of 17 employees as of Apr 03, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Magnetix Infosystems & Development, 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 Magnetix Infosystems & Development's trajectory.
Rating
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
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.