Magnicode Solutions Private Limited

Founded in 2010 and headquartered in Kerala, India.

2010 | Thiruvananthapuram, Kerala (India) | Active
Last Updated:

Magnicode Solutions Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 14 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.61 M
  • Revenue Growth -1.43%
  • Profit Growth 311.04%
  • Ebitda 4.34%
  • Net Worth 22.11%
  • Total Assets 30.23%

About Magnicode Solutions

Magnicode Solutions Private Limited (MSPL) is a Private Limited Indian Non-Government Company incorporated in India on 02 November 2010 and has a history of 14 years and four months. Its registered office is in Thiruvananthapuram, Kerala, 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 2024. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹1.61 M.

Sreelal Bhasurangan and Deepa Kumar serve as directors at the Company.

Company Details

  • Location

    Thiruvananthapuram, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200KL2010PTC026959

  • Company No.

    026959

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Nov 2010

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Information Technology
Company report

Magnicode Solutions Private Limited

Explore comprehensive data for Magnicode Solutions Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Magnicode Solutions?

Executive Team (1)

NameDesignationAppointment DateStatus
Sreelal Bhasurangan Country flag representing In Managing Director02-Nov-2010Current

Board Members (1)

NameDesignationAppointment DateStatus
Deepa Kumar Country flag representing In Director 02-Nov-2010Current

Financial Performance of Magnicode Solutions.

Magnicode Solutions Private Limited, for the financial year ended 2016, experienced Minor drop in revenue, with a 1.43% decrease. The company also saw a substantial improvement in profitability, with a 311.04% increase in profit. The company's net worth Soared by an impressive increase of 22.11%.

Magnicode Solutions revenue growth over time
Magnicode Solutions 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
-1.43%
Revenue from Operations
-1.43%
Total Assets
30.23%
Profit or Loss
311.04%
Net Worth
22.11%
EBITDA
4.34%

What is the Ownership and Shareholding Structure of Magnicode Solutions?

In 2017, Magnicode 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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.61 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.16 Cr

Latest Charge Details

DateLenderAmountStatus
21 Mar 2024Hdfc Bank Limited₹1.61 MOpen

How Many Employees Work at Magnicode Solutions?

Unlock and access historical data on people associated with Magnicode Solutions, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Magnicode Solutions Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Magnicode 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 Magnicode Solutions'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 Magnicode Solutions

Recent activity within the organization

  • Annual General Meeting

    Magnicode Solutions Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Magnicode Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.61 M with Charge ID 100930030 was registered on 21 Mar 2024.

  • Director Appointment

    Sreelal Varanapallil Bhasurangan was appointed as a Managing Director was appointed as a Managing Director on 02 Nov 2010 & has been associated with this company since 14 years 4 months .

  • Director Appointment

    Deepa Asok Kumar was appointed as a Director was appointed as a Director on 02 Nov 2010 & has been associated with this company since 14 years 4 months .

  • Company Incorporation

    Magnicode Solutions Private Limited was registered on 02 Nov 2010 with Roc Ernakulam & aged 14 years 4 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Magnicode Solutions Private Limited?

    Magnicode Solutions Private Limited was incorporated on 02 Nov 2010.

  • What is authorized share capital and paid-up capital of Magnicode Solutions Private Limited?

    The authorized share capital of Magnicode Solutions Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Magnicode Solutions Private Limited?

    Currently 2 directors are associated with Magnicode Solutions Private Limited.

    • Sreelal Varanapallil Bhasurangan
    • Deepa Asok Kumar
  • What is the registered address of Magnicode Solutions Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Magnicode Solutions Private Limited is Module 6 Nila Building Technopark, India, Trivandrum, Kerala, 695581.

  • What is the corporate identification number (CIN) and company number of Magnicode Solutions Private Limited?

    The corporate identification number (CIN) of Magnicode Solutions Private Limited is U72200KL2010PTC026959 and the company number is 026959 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Magnicode Solutions Private Limited?

    According to the financial reports for the fiscal year 2016, the revenue trend for Magnicode Solutions Private Limited has fallen by -1.43%.

  • What change has been observed in the net worth of Magnicode Solutions Private Limited, and by what percentage?

    The financial reports for the fiscal year 2016 indicates that The net worth of Magnicode Solutions Private Limited has experienced an upsurge of 22.11%.

  • What are the total open charges for Magnicode Solutions Private Limited?

    As per the financial statements for fiscal Year 2016, The total open charges for Magnicode Solutions Private Limited amount to ₹ 1.61 M.

  • When was the last Balance Sheet of Magnicode Solutions Private Limited filed with the ROC?

    The most recent Balance Sheet for Magnicode Solutions Private Limited was filed with the ROC on 31 Mar 2024.

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