Magneto It Solutions Profile
Key Indicators
- Authorised Capital ₹ 0.20 M
as on 06-07-2024
- Paid Up Capital ₹ 0.20 M
as on 06-07-2024
- Company Age 13 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 7.50 M
as on 06-07-2024
- Revenue 8.29%
(FY 2023)
- Profit 107.41%
(FY 2023)
- Ebitda 50.56%
(FY 2023)
- Net Worth 92.32%
(FY 2023)
- Total Assets 2.62%
(FY 2023)
About Magneto It Solutions
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 0.20 M and a paid-up capital of Rs 0.20 M.
The company currently has active open charges totaling ₹7.50 M.
Ronak Meghani, Nitesh Behani, and Bhargavkumar Thakkar serve as directors at the Company.
- CIN/LLPIN
U72900PN2011PTC140436
- Company No.
140436
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
10 Aug 2011
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Pune
Industry
Company Details
- Location
Pune, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Magneto It Solutions Private Limited offer?
Magneto It Solutions Private Limited offers a wide range of products and services, including Web Development & Marketing Services, Website Development Services.
Who are the key members and board of directors at Magneto It Solutions?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nitesh Behani  | Director | 10-Aug-2011 | Current |
| Ronak Meghani | Director | 15-May-2012 | Current |
| Bhargavkumar Thakkar | Director | 10-Aug-2011 | Current |
Financial Performance of Magneto It Solutions.
Magneto It Solutions Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 8.29% increase. The company also saw a substantial improvement in profitability, with a 107.41% increase in profit. The company's net worth Soared by an impressive increase of 92.32%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Magneto It Solutions?
In 2023, Magneto It Solutions had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 24 Mar 2017 | ₹7.50 M | Open |
How Many Employees Work at Magneto It Solutions?
Magneto It Solutions has a workforce of 15 employees as of Apr 02, 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 Magneto It Solutions, 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 Magneto It Solutions'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.
