Magnnavant Technologies Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
as on 15-07-2024
- Paid Up Capital ₹ 1.00 Cr
as on 15-07-2024
- Company Age 6 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 4.60 Cr
as on 15-07-2024
- Revenue 248.63%
(FY 2020)
- Profit -167.80%
(FY 2020)
- Ebitda -2.14%
(FY 2020)
- Net Worth -52.62%
(FY 2020)
- Total Assets 187.38%
(FY 2020)
About Magnnavant Technologies
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 2023. 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.
Boraiah Bharathi, Nanjegowda Mangaravalli, Kampalapura Guligowda, and One other member serve as directors at the Company.
- CIN/LLPIN
U29309KA2018PTC110230
- Company No.
110230
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
17 Feb 2018
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Mysore, Karnataka, India
- Telephone
- Email Address
- Website
-
- Social Media-
Who are the key members and board of directors at Magnnavant Technologies?
Board Members(4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Boraiah Bharathi  | Director | 25-Jun-2018 | Current |
| Nanjegowda Mangaravalli | Director | 11-Oct-2019 | Current |
| Kampalapura Guligowda | Additional Director | 01-Feb-2022 | Current |
| Kaushik Gowda | Director | 17-Feb-2018 | Current |
Financial Performance of Magnnavant Technologies.
Magnnavant Technologies Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 248.63% increase. The company also saw a substantial fall in profitability, with a 167.8% decrease in profit. The company's net worth observed a substantial decline by a decrease of 52.62%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (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 Magnnavant Technologies?
In 2020, Magnnavant 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)
Magnnavant Forging Private LimitedActive 2 years 6 monthsBoraiah Bharathi, Nanjegowda Mangaravalli and 1 more are mutual person
- Kaushik Infracon (Mysore) Private LimitedActive 16 years 6 months
Boraiah Bharathi, Nanjegowda Mangaravalli and 1 more are mutual person
- Tirumalai Roller Flour Mills Private LimitedActive 45 years 2 months
Kampalapura Guligowda is a mutual person
- Jayakrishna Power Media Private LimitedActive 10 months 23 days
Kampalapura Guligowda is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Karnataka State Financial Corporation Creation Date: 28 Jan 2020 | ₹4.60 Cr | Open |
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.
Deals i
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
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.
