Magnus Innovation Tech Private Limited

Founded in 1995 and headquartered in Karnataka, India.

1995 | Bangaluru, Karnataka (India) | Active
Last Updated:

Magnus Innovation Tech Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.21 M
  • Company Age 29 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.50 M
  • Revenue Growth %
  • Profit Growth 96.65%
  • Ebitda
  • Net Worth -0.03%
  • Total Assets -0.00%

About Magnus Innovation Tech

Magnus Innovation Tech Private Limited (MITPL) is a Private Limited Indian Non-Government Company incorporated in India on 15 June 1995 and has a history of 29 years and ten months. Its registered office is in Bangaluru, Karnataka, India.

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 2.50 M and a paid-up capital of Rs 1.21 M.

The company currently has active open charges totaling ₹2.50 M.

Vikas Jain and Manish Jain 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

    U62099KA1995PTC018043

  • Company No.

    018043

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Jun 1995

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Company report

Magnus Innovation Tech Private Limited

Explore comprehensive data for Magnus Innovation Tech Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Magnus Innovation Tech?

Board Members (2)

NameDesignationAppointment DateStatus
Vikas Jain Country flag representing In Director 15-Dec-2023Current
Manish Jain Country flag representing In Director 28-Mar-2004Current

Financial Performance of Magnus Innovation Tech.

Magnus Innovation Tech Private Limited, for the financial year ended 2017, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 96.65% increase in profit. The company's net worth dipped by a decrease of 0.03%.

Magnus Innovation Tech revenue growth over time
Magnus Innovation Tech 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
Revenue from Operations
Total Assets
-0.00%
Profit or Loss
96.65%
Net Worth
-0.03%
EBITDA

What is the Ownership and Shareholding Structure of Magnus Innovation Tech?

In 2017, Magnus Innovation Tech 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)

Open Charges

₹2.50 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Syndicate Bank : 0.25 Cr

Latest Charge Details

DateLenderAmountStatus
29 Dec 2007Syndicate Bank₹2.50 MOpen

How Many Employees Work at Magnus Innovation Tech?

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

Employee growth trends for Magnus Innovation Tech Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Magnus Innovation Tech, 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 Magnus Innovation Tech'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 Magnus Innovation Tech

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Magnus Innovation Tech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Director Appointment

    Vikas Jain was appointed as a Director was appointed as a Director on 15 Dec 2023 & has been associated with this company since 1 year 4 months .

  • Charges

    A charge with Syndicate Bank amounted to Rs. 2.50 M with Charge ID 10096293 was registered on 29 Dec 2007.

  • Director Appointment

    Manish Jain was appointed as a Director was appointed as a Director on 28 Mar 2004 & has been associated with this company since 21 years 1 month .

  • Company Incorporation

    Magnus Innovation Tech Private Limited was registered on 15 Jun 1995 with Roc Bangalore & aged 29 years 10 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Magnus Innovation Tech Private Limited?

    Magnus Innovation Tech Private Limited was incorporated on 15 Jun 1995.

  • What is authorized share capital and paid-up capital of Magnus Innovation Tech Private Limited?

    The authorized share capital of Magnus Innovation Tech Private Limited is ₹ 2.50 M and paid-up capital is ₹ 1.21 M.

  • Who are the current board members & directors of Magnus Innovation Tech Private Limited?

    Currently 2 directors are associated with Magnus Innovation Tech Private Limited.

    • Vikas Jain
    • Manish Jain
  • What is the registered address of Magnus Innovation Tech Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Magnus Innovation Tech Private Limited is No 53 3Rd Floor Khadhi Commission Hbcs Vivekananda Nagar, Karttarriguppe Main R Oad India, Bangalore, Karnataka, 560085.

  • What is the corporate identification number (CIN) and company number of Magnus Innovation Tech Private Limited?

    The corporate identification number (CIN) of Magnus Innovation Tech Private Limited is U62099KA1995PTC018043 and the company number is 018043 as per Ministry of Corporate Affairs (MCA).

  • What change has been observed in the net worth of Magnus Innovation Tech Private Limited, and by what percentage?

    The financial reports for the fiscal year 2017 indicates that The net worth of Magnus Innovation Tech Private Limited has experienced an downturn of -0.03%.

  • What are the total open charges for Magnus Innovation Tech Private Limited?

    As per the financial statements for fiscal Year 2017, The total open charges for Magnus Innovation Tech Private Limited amount to ₹ 2.50 M.

  • When was the last Balance Sheet of Magnus Innovation Tech Private Limited filed with the ROC?

    The most recent Balance Sheet for Magnus Innovation Tech Private Limited was filed with the ROC on 31 Mar 2024.

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