Magnot Consultancy Services Private Limited logo

Magnot Consultancy Services Private Limited

Technology solutions and services for banking and IT consulting, including financial inclusion and application development.
2016 | Hyderabad, Telangana (India) | Active

Last Updated:

October 24, 2024
HomeCompanyMagnot Consultancy Services Private Limited

Who are the key members and board of directors at Magnot Consultancy Services?

Executive Team (1)

NameDesignationAppointment DateStatus
Vineet Mathur InManaging Director28-Jan-2017Current

Board Members(2)

NameDesignationAppointment DateStatus
Krishan Mathur In Director 01-Nov-2016Current
Venkata Polavarapu In Director 30-May-2023Current

Financial Performance of Magnot Consultancy Services.

Magnot Consultancy Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 35.51% increase. The company also saw a substantial improvement in profitability, with a 28.1% increase in profit. The company's net worth Soared by an impressive increase of 29.29%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
35.51%
Revenue from Operations
35.18%
Total Assets
3.59%
Profit or Loss
28.10%
Net Worth
29.29%
EBITDA
22.09%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹1.68 Cr

LenderAmountStatus

Axis Bank Limited

Creation Date: 10 Nov 2022
₹1.50 CrOpen

Axis Bank Limited

Creation Date: 14 Mar 2022
₹1.80 MOpen

How Many Employees Work at Magnot Consultancy Services?

Magnot Consultancy Services has a workforce of 78 employees as of Apr 09, 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.

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Latest Updates, News, and FAQs on Magnot Consultancy Services

Recent activity within the organization

  • Annual General Meeting

    Magnot Consultancy Services Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Director Appointment

    Venkata Ramana Polavarapu was appointed as a Director was appointed as a Director on 30 May 2023 & has been associated with this company since 1 year 7 months .

    30 May 2023

  • Balance Sheet

    Magnot Consultancy Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 1.50 Cr with Charge ID 100674333 was registered on 10 Nov 2022.

    10 Nov 2022

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.18 Cr with Charge ID 100549024 was registered on 14 Mar 2022.

    14 Mar 2022

  • Director Appointment

    Vineet Kumar Mathur was appointed as a Managing Director was appointed as a Managing Director on 28 Jan 2017 & has been associated with this company since 7 years 11 months .

    28 Jan 2017

Frequently asked questions

  • Magnot Consultancy Services Private Limited was incorporated on 01 Nov 2016.

  • The authorized share capital of Magnot Consultancy Services Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.50 Cr.

  • Currently 3 directors are associated with Magnot Consultancy Services Private Limited.

    • Vineet Kumar Mathur
    • Krishan Murari Mathur
    • Venkata Ramana Polavarapu
  • As per Ministry of Corporate Affairs (Mca), the registered address of Magnot Consultancy Services Private Limited is 2Lh 1104 Lanco Hills Manikonda, Puppalaguda India, Hyderabad, Telangana, 500089.

  • The corporate identification number (CIN) of Magnot Consultancy Services Private Limited is U72900TG2016PTC112719 and the company number is 112719 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Magnot Consultancy Services Private Limited is https://www.magnots.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Magnot Consultancy Services Private Limited has risen by 35.51%.

  • As Per 2023 financial reports, 78 employees are currently employed by Magnot Consultancy Services Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Magnot Consultancy Services Private Limited has experienced an upsurge of 29.29%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Magnot Consultancy Services Private Limited amount to ₹ 1.68 Cr.

  • The most recent Balance Sheet for Magnot Consultancy Services Private Limited was filed with the ROC on 31 Mar 2023.

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