Magnify Technologies Profile
Key Indicators
- Authorised Capital ₹ 70.60 Cr
- Paid Up Capital ₹ 70.53 Cr
- Company Age 3 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 64.00 Cr
- Revenue Growth %
- Profit Growth -164292.02%
- Ebitda -22916.92%
- Net Worth 244609.22%
- Total Assets 529430.57%
About Magnify Technologies
Magnify Technologies Private Limited (MTPL) is a Private Limited Indian Non-Government Company incorporated in India on 03 May 2021 (Three years and nine months 22 days old ). Its registered office is in Mumbai, Maharashtra, 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 70.60 Cr and a paid-up capital of Rs 70.53 Cr.
The company currently has active open charges totaling ₹64.00 Cr.
The Key Managerial Personnel (KMP) at Magnify Technologies Private Limited India is Chetan Vijay as COMPANY SECRETARY. Hakimuddin Ronak and Sung Ahn serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U70100MH2021PTC359814
- Company No.
359814
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
03 May 2021
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Magnify Technologies?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Chetan Vijay | Company Secretary | 24-Oct-2024 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Hakimuddin Ronak  | Director | 23-Jan-2023 | Current |
Sung Ahn  | Director | 16-Jun-2023 | Current |
Financial Performance of Magnify Technologies.
Magnify Technologies Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 164292.02% decrease in profit. The company's net worth Soared by an impressive increase of 244609.22%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Magnify Technologies?
In 2023, Magnify Technologies had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Mirae Asset Investment Managers (India) Private LimitedSung Ahn is a mutual person
- Mirae Asset Venture Investments (India) Private Limited
Sung Ahn is a mutual person
- Mirae Asset Global Investments (India) Private Limited
Sung Ahn is a mutual person
- Mirae Asset Foundation
Sung Ahn is a mutual person
Mirae Asset Logistics Park I Private LimitedHakimuddin Ronak is a mutual person
- Mirae Asset Realty One Private Limited
Hakimuddin Ronak and Sung Ahn are mutual person
Charges (Loans)
₹64.00 Cr
₹0
Charges Breakdown by Lending Institutions
- Others : 64.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Jan 2023 | Others | ₹64.00 Cr | Open |
How Many Employees Work at Magnify Technologies?
Magnify Technologies has a workforce of 0 employees as of Apr 06, 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 Magnify Technologies, 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 Magnify Technologies'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.
