About Magna Infotech Limited
Data last updated:
Magna Infotech Limited was a public limited company based in Bangalore, Karnataka, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the software products and publishing segment of the software and technology sector. It was incorporated on 30 April 1997.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA1997PLC078401.
The company had an authorised share capital of ₹6 Cr and a paid-up capital of ₹5.23 Cr. It was led by directors including Marcel Raymond Parker and Subrata Nag Kumar.
Its last annual general meeting (AGM) was held on 26 May 2014, and its latest financial statements are for the year ended 31 December 2013. The registered office was at 5/4 – 2 Thavarekere Main Road S.G. Palya D.R. College Post Kormangala, Bangalore, Karnataka, India – 560029.
Court records list 6 cases involving the company, including 4 filed by the company and 2 filed against it; 2 cases are pending. The company has 2 deals on record (2 acquisitions); the latest was in May 2013.
The last known website on record is itstaffing.quesscorp.com.
Company details
CIN history
Magna Infotech has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U72200KA1997PLC078401, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200KA1997PLC078401 | Current |
| U72200AP1997PTC027003 | Previous |
| U72200AP1997PLC027003 | Previous |
Contact details
Magna Infotech Limited's registered office is in Bangalore, Karnataka.
- Social Media
- Registered Address5/4 – 2 Thavarekere Main Road S.G. Palya D.R. College Post Kormangala, Bangalore, Karnataka, India – 560029
- IndustrySoftware, Software Publishing, Software Development
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Magna Infotech Limited
FY 2013 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of Magna Infotech Limited, buy the company report.
Board of directors of Magna Infotech Limited
Magna Infotech has 5 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Marcel Raymond Parker | Director | 15 May 2013 | 13 Years 5 Months | As last reported |
| Subrata Nag Kumar Also directs: BPO Convergence Private Limited, Ivangel Sales & Services Private Limited, Ivangel Sales & Services Private Limited and 5 more | Director | 23 Dec 2010 | 15 Years 10 Months | As last reported |
| Sanjay Kumar Kothari Also directs: BPO Convergence Private Limited | Manager | 18 Oct 2013 | 13 Years 0 Months | As last reported |
| Ajit Abraham Isaac | Director | 23 Dec 2010 | 15 Years 10 Months | As last reported |
| Harsha Raghavan Also directs: Convergent Finance LLP, Sundrop Brands Limited, Onward Technologies Limited and 5 more | Director | 29 Jul 2013 | 13 Years 3 Months | As last reported |
Deals & funding
Magna Infotech Limited has 2 deals on record (2 acquisitions); the latest was in May 2013.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2013 | Acquisition | ₹43.83 Cr | Buyer: Quess Corp Limited |
| Nov 2010 | Acquisition | ₹108.41 Cr | Buyer: Quess Corp Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Magna Infotech Limited has 6 court cases on record: 4 filed by Magna Infotech, 2 filed against it. 2 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 2 | 2 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (ESI) | Filed by the company against an individual | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Court case (ESI) | Filed by the company against an individual | Disposed |
| High Court of Karnataka | Court case (COP) | Filed by the company against an individual | Disposed |
| District court, Jamnagar, Gujarat | Court case (RECO33C2 LC) | Filed against the company by an individual | Disposed |
To see the full case history of Magna Infotech Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Magna Infotech Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Magna Infotech Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Magna Infotech Limited has 12 board changes on record since 2009: 5 appointments and 7 cessations. The latest: Sanjay Kumar Kothari was appointed as Manager on 18 Oct 2013.
3 earlier events are in the company report.
Frequently asked questions
Magna Infotech has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Magna Infotech was a public limited company based in Bangalore, Karnataka, India. The company worked in software publishing, within the software industry. It was incorporated on 30 April 1997 and is registered under CIN U72200KA1997PLC078401. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Magna Infotech was incorporated on 30 April 1997. It is registered with the Registrar of Companies, Bangalore.
Magna Infotech had 5 directors:
- Marcel Raymond Parker - Director
- Subrata Nag Kumar - Director
- Ajit Abraham Isaac - Director
- Harsha Raghavan - Director
- Sanjay Kumar Kothari - Manager
The CIN (Corporate Identification Number) of Magna Infotech is U72200KA1997PLC078401. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Magna Infotech is at 54 – 2 Thavarekere Main Road S.G. Palya D.R. College Post Kormangala, Bangalore, Karnataka, India – 560029.
Magna Infotech can be reached through the website itstaffing.quesscorp.com. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of Magna Infotech on record with the MCA are for the year ended 31 December 2013. Its last annual general meeting was held on 26 May 2014. Year-wise statements from 2015 are in the company report.
Magna Infotech operated in the software industry, in the software publishing segment.
Magna Infotech has 2 deals on record (2 acquisitions); the latest was in May 2013.
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