Magnnavant Technologies Private Limited

Manufactures and distributes various types of machinery and automotive parts.

2018 | Mysore, Karnataka (India) | Active
Last Updated:

Magnnavant Technologies Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 7 Year, 16 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.60 Cr
  • Revenue Growth 250.75%
  • Profit Growth -71.24%
  • Ebitda 512.52%
  • Net Worth -334.65%
  • Total Assets 96.80%

About Magnnavant Technologies

Magnnavant Technologies Private Limited (MTPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 17 February 2018 (Seven years 16 days old ). Its registered office is in Mysore, Karnataka, India.

The Company is engaged in the Machinery And Equipment 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 2.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹4.60 Cr.

Kampalapura Guligowda, Kaushik Gowda, Nanjegowda Mangaravalli, and One other member serve as directors at the Company.

Company Details

  • Location

    Mysore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29309KA2018PTC110230

  • Company No.

    110230

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Feb 2018

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment

Who are the key members and board of directors at Magnnavant Technologies?

Board Members (4)

NameDesignationAppointment DateStatus
Kampalapura Guligowda Country flag representing In Additional Director 01-Feb-2022Current
Kaushik Gowda Country flag representing In Director 17-Feb-2018Current
Nanjegowda Mangaravalli Country flag representing In Director 11-Oct-2019Current
Boraiah Bharathi Country flag representing In Director 25-Jun-2018Current

Financial Performance of Magnnavant Technologies.

Magnnavant Technologies Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 250.75% increase. The company also saw a substantial fall in profitability, with a 71.24% decrease in profit. The company's net worth observed a substantial decline by a decrease of 334.65%.

Magnnavant Technologies revenue growth over time
Magnnavant Technologies 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
250.75%
Revenue from Operations
195.24%
Total Assets
96.80%
Profit or Loss
-71.24%
Net Worth
-334.65%
EBITDA
512.52%

What is the Ownership and Shareholding Structure of Magnnavant Technologies?

In 2023, Magnnavant Technologies had a public holding of 50.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.60 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Karnataka State Financial Corporation : 4.60 Cr

Latest Charge Details

DateLenderAmountStatus
28 Jan 2020Karnataka State Financial Corporation₹4.60 CrOpen

How Many Employees Work at Magnnavant Technologies?

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

Employee growth trends for Magnnavant Technologies Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Magnnavant 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 Magnnavant Technologies'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 Magnnavant Technologies

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Magnnavant Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Director Appointment

    Kampalapura Krishna Guligowda was appointed as a Additional Director was appointed as a Additional Director on 01 Feb 2022 & has been associated with this company since 3 years 1 month .

  • Charges

    A charge with Karnataka State Financial Corporation amounted to Rs. 4.60 Cr with Charge ID 100319584 was registered on 28 Jan 2020.

  • Director Appointment

    Nanjegowda Siddegowda Mangaravalli was appointed as a Director was appointed as a Director on 11 Oct 2019 & has been associated with this company since 5 years 4 months .

  • Director Appointment

    Boraiah Bharathi was appointed as a Director was appointed as a Director on 25 Jun 2018 & has been associated with this company since 6 years 8 months .

Frequently asked questions

  • What is the Incorporation or founding date of Magnnavant Technologies Private Limited?

    Magnnavant Technologies Private Limited was incorporated on 17 Feb 2018.

  • What is authorized share capital and paid-up capital of Magnnavant Technologies Private Limited?

    The authorized share capital of Magnnavant Technologies Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Who are the current board members & directors of Magnnavant Technologies Private Limited?

    Currently 4 directors are associated with Magnnavant Technologies Private Limited.

    • Kampalapura Krishna Guligowda
    • Kaushik Mysore Nanje Gowda
    • Nanjegowda Siddegowda Mangaravalli
    • Boraiah Bharathi

  • What is the registered address of Magnnavant Technologies Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Magnnavant Technologies Private Limited is Plot No. 278/D, Hebbal Industrial Area Ilwala Hobli India, Mysore, Karnataka, 570016.

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

    The corporate identification number (CIN) of Magnnavant Technologies Private Limited is U29309KA2018PTC110230 and the company number is 110230 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Magnnavant Technologies Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Magnnavant Technologies Private Limited has risen by 250.75%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Magnnavant Technologies Private Limited has experienced an downturn of -334.65%.

  • What are the total open charges for Magnnavant Technologies Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Magnnavant Technologies Private Limited amount to ₹ 4.60 Cr.

  • When was the last Balance Sheet of Magnnavant Technologies Private Limited filed with the ROC?

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

People also Viewed

Similar Companies Based on Industrial Machinery Manufacturing