Magnifying Solutions Profile
Key Indicators
- Authorised Capital ₹ 0.10 M
- Paid Up Capital ₹ 0.10 M
- Company Age 11 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 5.77 Cr
- Revenue Growth 33.32%
- Profit Growth 95.01%
- Ebitda 53.82%
- Net Worth 194.39%
- Total Assets 16.64%
About Magnifying Solutions
Magnifying Solutions Private Limited (MSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 May 2013 and has a history of 11 years and eight months. Its registered office is in Kota, Rajasthan, 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 ₹5.77 Cr.
Gaurav Jain and Sudha Jain serve as directors at the Company.
Company Details
-
Location
Kota, Rajasthan, India
-
Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
Social Media
Corporate Identity Details
-
CIN/LLPIN
U72900RJ2013PTC042680
-
Company No.
042680
-
Company Classification
Private Limited Indian Non-Government Company
-
Incorporation Date
28 May 2013
-
Date of AGM
30 Sep 2024
-
Date of Balance Sheet
31 Mar 2024
-
Listing Status
Unlisted
-
ROC Code
Roc Jaipur
Industry
What products or services does Magnifying Solutions Private Limited offer?
Magnifying Solutions Private Limited offers a wide range of products and services, including Barware and Bar Accessories, Bar Accessories, Computer Hardware & Peripherals, Computer Monitors, Laptops, PC, Mainframes & Computers, Laptops.
Who are the key members and board of directors at Magnifying Solutions?
Board Members (2)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Gaurav Jain
![]() |
Director | 28-May-2013 | Current |
Sudha Jain
![]() |
Director | 28-May-2013 | Current |
Financial Performance of Magnifying Solutions.
Magnifying Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 33.32% increase. The company also saw a substantial improvement in profitability, with a 95.01% increase in profit. The company's net worth Soared by an impressive increase of 194.39%.
![Graph illustrating revenue growth over time](/Images/financial/revenue-growth.webp)
![Graph showing profit and loss trends over time](/Images/financial/profit-loss.webp)
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
Metrics |
|
(FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
---|---|---|---|---|---|---|---|
Total Revenue |
|
||||||
Revenue from Operations |
|
||||||
Total Assets |
|
||||||
Profit or Loss |
|
||||||
Net Worth |
|
||||||
EBITDA |
|
What is the Ownership and Shareholding Structure of Magnifying Solutions?
Unlock access to Magnifying Solutions's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
![Shareholding Indicator graph](/Images/tcc-login/Shareholding-Indiacator-1200.webp)
Charges (Loans)
₹57.70 M
₹0
Charges Breakdown by Lending Institutions
- Others : 4.80 Cr
- Canara Bank : 0.97 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
06 Apr 2023 | Others | ₹4.80 Cr | Open |
31 Jul 2018 | Canara Bank | ₹1.50 M | Open |
27 Oct 2017 | Canara Bank | ₹7.20 M | Open |
19 Sep 2015 | Canara Bank | ₹1.00 M | Open |
How Many Employees Work at Magnifying Solutions?
Unlock and access historical data on people associated with Magnifying Solutions, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
![Graph showing employee growth trends](/Images/tcc-login/Employee-Graph.webp)
Deals i
![Graph showing company valuation over time](/Images/tcc-login/Valuation-Graph-small.webp)
Gain comprehensive insights into the Deals and Valuation data of Magnifying 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 Magnifying Solutions's trajectory.
Rating
![Graph displaying rating trends over time](/Images/tcc-login/Rating-Graph-small.webp)
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](/Images/tcc-login/Alert-Indicator-small.webp)
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.