Magtech Solutions Private Limited
Provides leasing and rental services, data processing/computer training, and consultancy to various industries and individuals.
2001 | New Delhi (India) | Active
Magtech Solutions Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 0.10 M
- Company Age 23 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 4.50 Cr
- Revenue Growth 11.27%
- Profit Growth -874.28%
- Ebitda -219.09%
- Net Worth -135.73%
- Total Assets -23.77%
About Magtech Solutions
Magtech Solutions Private Limited (MSPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 July 2001 and has a history of 23 years and seven months. Its registered office is in New Delhi, India.
The Company is engaged in the Financial Services 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 2.50 M and a paid-up capital of Rs 0.10 M.
The company has closed loans amounting to ₹4.50 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Subhash Jain, Babita Jain, and Naman Jain serve as directors at the Company.
Company Details
- Location
New Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U80100DL2001PTC111766
- Company No.
111766
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
23 Jul 2001
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Financial Services
Information Technology
Who are the key members and board of directors at Magtech Solutions?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Subhash Jain  | Director | 23-Jul-2001 | Current |
| Babita Jain | Director | 23-Jul-2001 | Current |
| Naman Jain | Director | 29-Nov-2022 | Current |
Financial Performance of Magtech Solutions.
Magtech Solutions Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 11.27% increase. The company also saw a substantial fall in profitability, with a 874.28% decrease in profit. The company's net worth observed a substantial decline by a decrease of 135.73%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Magtech Solutions?
In 2022, Magtech Solutions 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)
- Sahai Cables International Pvt Ltd
Subhash Jain, Babita Jain and 1 more are mutual person
- Rocket Sales And Marketing Private Limited
Subhash Jain and Naman Jain are mutual person
- Jmss Buildtech Private Limited
Subhash Jain and Naman Jain are mutual person
- Ozone Infotech Private Limited
Subhash Jain and Babita Jain are mutual person
- Grasp Academy Private Limited
Subhash Jain and Naman Jain are mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹45.00 M
Charges Breakdown by Lending Institutions
- Ing Vysya Bank Limited : 4.00 Cr
- Ing Vysya Bank Ltd. : 0.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Nov 2007 | Ing Vysya Bank Limited | ₹4.00 Cr | Satisfied |
| 29 Sep 2004 | Ing Vysya Bank Ltd. | ₹5.00 M | Satisfied |
How Many Employees Work at Magtech Solutions?
Unlock and access historical data on people associated with Magtech Solutions, 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 Magtech 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 Magtech Solutions'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.
Latest Updates, News, and FAQs on Magtech Solutions
Recent activity within the organization
- Annual General Meeting
Magtech Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Magtech Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
- Director Appointment
Naman Jain was appointed as a Director was appointed as a Director on 29 Nov 2022 & has been associated with this company since 2 years 3 months .
- Charges
A charge registered on 29 Sep 2004 via Charge ID 90039390 with Ing Vysya Bank Ltd. was fully satisfied on 04 Sep 2021.
- Charges
A charge registered on 06 Nov 2007 via Charge ID 10083226 with Ing Vysya Bank Limited was fully satisfied on 31 Jul 2021.
- Charges
A charge with Ing Vysya Bank Limited amounted to Rs. 40.00 M with Charge ID 10083226 was registered on 06 Nov 2007.
Frequently asked questions
What is the Incorporation or founding date of Magtech Solutions Private Limited?
Magtech Solutions Private Limited was incorporated on 23 Jul 2001.
What is authorized share capital and paid-up capital of Magtech Solutions Private Limited?
The authorized share capital of Magtech Solutions Private Limited is ₹ 2.50 M and paid-up capital is ₹ 0.10 M.
Who are the current board members & directors of Magtech Solutions Private Limited?
Currently 3 directors are associated with Magtech Solutions Private Limited.
- Subhash Chand Jain
- Babita Jain
- Naman Jain
What is the registered address of Magtech Solutions Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Magtech Solutions Private Limited is 801 Hotel Le Meridien Commercial Tower Windsor Place, Janpath India, New Delhi, 110001.
What is the corporate identification number (CIN) and company number of Magtech Solutions Private Limited?
The corporate identification number (CIN) of Magtech Solutions Private Limited is U80100DL2001PTC111766 and the company number is 111766 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Magtech Solutions Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Magtech Solutions Private Limited has risen by 11.27%.
What change has been observed in the net worth of Magtech Solutions Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Magtech Solutions Private Limited has experienced an downturn of -135.73%.
When was the last Balance Sheet of Magtech Solutions Private Limited filed with the ROC?
The most recent Balance Sheet for Magtech Solutions Private Limited was filed with the ROC on 31 Mar 2024.