Magnit Global India Private Limited

Provides contract staffing and vendor management solutions for businesses.

2012 | Bangaluru, Karnataka (India) | Active
Last Updated:

Magnit Global India Profile

Key Indicators

  • Authorised Capital ₹ 21.00 Cr
  • Paid Up Capital ₹ 20.22 Cr
  • Company Age 13 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 45.16%
  • Profit Growth 1256.02%
  • Ebitda 2302.78%
  • Net Worth 60.22%
  • Total Assets 0.07%

About Magnit Global India

Magnit Global India Private Limited (MGIPL) is a leading Private Limited Foreign Company Incorporated In India incorporated in India on 15 March 2012 and has a history of 13 years and two months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Pro Unlimited Global India Private Limited. The Company is engaged in the Business Outsourcing 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 21.00 Cr and a paid-up capital of Rs 20.22 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Magnit Global India Private Limited India is Parin Shah as COMPANY SECRETARY. Jayesh Kalvinkar, Martin Schultz, and Bonnie Rhing serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U93000KA2012FTC063052

  • Company No.

    063052

  • Company Classification

    Private Limited Foreign Company Incorporated In India

  • Incorporation Date

    15 Mar 2012

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Business Outsourcing
Company report

Magnit Global India Private Limited

Explore comprehensive data for Magnit Global India Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Magnit Global India?

Executive Team (1)

NameDesignationAppointment DateStatus
Parin Shah Company Secretary11-Mar-2019Current

Board Members (3)

NameDesignationAppointment DateStatus
Jayesh Kalvinkar Country flag representing In Director 18-Mar-2024Current
Martin Schultz Country flag representing Nl Director 21-Nov-2023Current
Bonnie Rhing Country flag representing Us Director 13-Jul-2023Current

Financial Performance of Magnit Global India.

Magnit Global India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 45.16% increase. The company also saw a substantial improvement in profitability, with a 1256.02% increase in profit. The company's net worth Soared by an impressive increase of 60.22%.

Magnit Global India revenue growth over time
Magnit Global India 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
45.16%
Revenue from Operations
44.79%
Total Assets
0.07%
Profit or Loss
1256.02%
Net Worth
60.22%
EBITDA
2302.78%

What is the Ownership and Shareholding Structure of Magnit Global India?

In 2023, Magnit Global India 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Magnit Global India?

Magnit Global India has a workforce of 1507 employees as of Apr 07, 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.

Employee growth trends for Magnit Global India Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Magnit Global India, 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 Magnit Global India'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 Magnit Global India

Recent activity within the organization

  • Annual General Meeting

    Magnit Global India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Magnit Global India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Director Appointment

    Jayesh N Kalvinkar was appointed as a Director was appointed as a Director on 18 Mar 2024 & has been associated with this company since 1 year 1 month .

  • Director Appointment

    Martin Schultz was appointed as a Director was appointed as a Director on 21 Nov 2023 & has been associated with this company since 1 year 5 months .

  • Director Appointment

    Bonnie Jane Rhing was appointed as a Director was appointed as a Director on 13 Jul 2023 & has been associated with this company since 1 year 10 months .

  • Director Appointment

    Parin Kirtikumar Shah was appointed as a Company Secretary was appointed as a Company Secretary on 11 Mar 2019 & has been associated with this company since 6 years 2 months .

Frequently asked questions

  • What is the Incorporation or founding date of Magnit Global India Private Limited?

    Magnit Global India Private Limited was incorporated on 15 Mar 2012.

  • What is authorized share capital and paid-up capital of Magnit Global India Private Limited?

    The authorized share capital of Magnit Global India Private Limited is ₹ 21.00 Cr and paid-up capital is ₹ 20.22 Cr.

  • Who are the current board members & directors of Magnit Global India Private Limited?

    Currently 4 directors are associated with Magnit Global India Private Limited.

    • Jayesh N Kalvinkar
    • Parin Kirtikumar Shah
    • Martin Schultz
    • Bonnie Jane Rhing

  • What is the registered address of Magnit Global India Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Magnit Global India Private Limited is No .10 Shantipura Main Road, Electronic City Phase Ii India, Bengaluru, Karnataka, 560100.

  • What is the corporate identification number (CIN) and company number of Magnit Global India Private Limited?

    The corporate identification number (CIN) of Magnit Global India Private Limited is U93000KA2012FTC063052 and the company number is 063052 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Magnit Global India Private Limited?

    The Official website of Magnit Global India Private Limited is https://www.magnitglobal.com

  • What has been the recent revenue trend for Magnit Global India Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Magnit Global India Private Limited has risen by 45.16%.

  • How many employees does Magnit Global India Private Limited currently have?

    As Per 2023 financial reports, 1507 employees are currently employed by Magnit Global India Private Limited.

  • What change has been observed in the net worth of Magnit Global India Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Magnit Global India Private Limited has experienced an upsurge of 60.22%.

  • When was the last Balance Sheet of Magnit Global India Private Limited filed with the ROC?

    The most recent Balance Sheet for Magnit Global India Private Limited was filed with the ROC on 31 Mar 2024.

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