Magnus It Solutions Private Limited

IT company providing digital transformation, operations, advisory, consulting, development, and education services.

2012 | Lucknow, Uttar Pradesh (India) | Active
Last Updated: December 22, 2024

Magnus It Solutions Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 12 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.50 Cr
  • Revenue Growth -42.05%
  • Profit Growth 90.55%
  • Ebitda 87.91%
  • Net Worth -43.61%
  • Total Assets -0.35%

About Magnus It Solutions

Magnus It Solutions Private Limited (MISPL) is a Private Limited Indian Non-Government Company incorporated in India on 07 March 2012 and has a history of 12 years and 11 months. Its registered office is in Lucknow, Uttar Pradesh, India.

The Company is engaged in the Information Technology 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 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹1.50 Cr.

Ajey Sharma and Raj Saxena serve as directors at the Company.

Company Details

  • Location

    Lucknow, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    magnusitsolutions.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74120UP2012PTC049256

  • Company No.

    049256

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Mar 2012

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Information Technology

What products or services does Magnus It Solutions Private Limited offer?

Magnus It Solutions Private Limited offers a wide range of products and services, including CCTV Camera, HD CCTV Camera, GPS Navigation System and Parts, Navigation System, Car & Vehicle GPS Devices, GPS Tracker for Car, Desktop Computer, All-in-One Desktop Computer, Bullet Camera, CP Plus Bullet Camera.

Who are the key members and board of directors at Magnus It Solutions?

Board Members (2)

Name Designation Appointment Date Status
Ajey Sharma Country flag representing In Director 07-Mar-2012 Current
Raj Saxena Country flag representing In Director 07-Mar-2012 Current

Financial Performance of Magnus It Solutions.

Magnus It Solutions Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 42.05% decrease. The company also saw a substantial improvement in profitability, with a 90.55% increase in profit. The company's net worth observed a substantial decline by a decrease of 43.61%.

Graph illustrating revenue growth over time
Graph showing 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
-42.05%
Revenue from Operations
-42.39%
Total Assets
-0.35%
Profit or Loss
90.55%
Net Worth
-43.61%
EBITDA
87.91%

What is the Ownership and Shareholding Structure of Magnus It Solutions?

Unlock access to Magnus It Solutions's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹15.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 1.50 Cr

Latest Charge Details

Date Lender Amount Status
13 Feb 2017 Others ₹1.50 Cr Open

How Many Employees Work at Magnus It Solutions?

Magnus It Solutions has a workforce of 13 employees as of Mar 30, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Magnus It Solutions, 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 It Solutions'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 It Solutions

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Magnus It Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 15.00 M registered on 13 Feb 2017 with Charge ID 100099073 was modified on 16 Dec 2022.

    16 Dec 2022

  • Charges

    A charge with Others amounted to Rs. 15.00 M with Charge ID 100099073 was registered on 13 Feb 2017.

    13 Feb 2017

  • Director Appointment

    Ajey Sharma was appointed as a Director was appointed as a Director on 07 Mar 2012 & has been associated with this company since 12 years 11 months .

    07 Mar 2012

  • Director Appointment

    Raj Kumar Saxena was appointed as a Director was appointed as a Director on 07 Mar 2012 & has been associated with this company since 12 years 11 months .

    07 Mar 2012

Frequently asked questions

  • Magnus It Solutions Private Limited was incorporated on 07 Mar 2012.

  • The authorized share capital of Magnus It Solutions Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Magnus It Solutions Private Limited.

    • Ajey Sharma
    • Raj Kumar Saxena
  • As per Ministry of Corporate Affairs (Mca), the registered address of Magnus It Solutions Private Limited is 4A Park Road Hazratganj India, Lucknow, Uttar Pradesh, 226001.

  • The corporate identification number (CIN) of Magnus It Solutions Private Limited is U74120UP2012PTC049256 and the company number is 049256 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Magnus It Solutions Private Limited is https://www.magnusitsolutions.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Magnus It Solutions Private Limited has fallen by -42.05%.

  • As Per 2023 financial reports, 13 employees are currently employed by Magnus It Solutions Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Magnus It Solutions Private Limited has experienced an downturn of -43.61%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Magnus It Solutions Private Limited amount to ₹ 1.50 Cr.

  • The most recent Balance Sheet for Magnus It Solutions Private Limited was filed with the ROC on 31 Mar 2024.