Magnasurge Private Limited
About Magnasurge Private Limited
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Magnasurge Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 28 November 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U17299KA2020PTC141606. Its GSTIN is 29AAOCM0702A1ZV (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rahul Reddy Bommireddy and Bangalore Muralidhar Shreyas.
Its last annual general meeting (AGM) was held on 31 December 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at No.37 16th Cross 6th Main N Farm Sanjaynagar, Bengaluru, Karnataka, India – 560094.
As per the financials filed for FY 2021, the company reported a revenue of ₹20,852. For the same year it recorded a net loss of ₹60,669 (net margin -291%) and EBITDA of -₹60,669 (EBITDA margin -291%).
Company details
Contact details
Magnasurge Private Limited's registered office is in Bengaluru, Karnataka.
- Registered AddressNo.37 16th Cross 6th Main N Farm Sanjaynagar, Bengaluru, Karnataka, India – 560094
- IndustryManufacturing, Textile & Fabric Production
- 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
Business activity
The main business activity of Magnasurge is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Magnasurge Private Limited, buy the company report.
Financials of Magnasurge Private Limited
FY 2021 filings availableMagnasurge Private Limited reported revenue of ₹20,852 for FY 2021.
Financial Statement Summary
| Metrics | FY 2020-21 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
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| Total Expenses | |
| EBITDA | -₹60,669 |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹60,669 |
| Balance Sheet | |
| Share Capital | |
| Reserves and Surplus | |
| Net Worth (Total Equity) | |
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| Trade Payables | |
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Financial Ratios
| Metrics | FY 2020-21 |
|---|---|
| Profitability | |
| EBITDA Margin | -291% |
| Net Profit Margin | -291% |
| Return on Equity (ROE) | |
| Return on Capital Employed (ROCE) | |
| Return on Assets (ROA) | |
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To see the full financial statements and ratios of Magnasurge Private Limited, buy the company report.
Board of directors of Magnasurge Private Limited
Magnasurge has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Reddy Bommireddy | Director | 28 Nov 2020 | 5 Years 11 Months | Current |
| Bangalore Muralidhar Shreyas | Director | 28 Nov 2020 | 5 Years 11 Months | Current |
Legal cases
No court or tribunal cases involving Magnasurge Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Magnasurge Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Magnasurge has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAOCM0702A1ZV | Karnataka | Active | 28 Jan 2021 |
To see the full GST registrations and return filing status of Magnasurge Private Limited, buy the company report.
Recent activity
Magnasurge Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Bangalore Muralidhar Shreyas was appointed as Director on 28 Nov 2020.
Frequently asked questions
Magnasurge is an active private limited company based in Bengaluru, Karnataka, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 28 November 2020 (6+ years old) and is registered under CIN U17299KA2020PTC141606.
Magnasurge has 2 current directors:
- Rahul Reddy Bommireddy - Director
- Bangalore Muralidhar Shreyas - Director
The latest financial statements of Magnasurge on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 31 December 2021. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Magnasurge is 29AAOCM0702A1ZV, registered in Karnataka.
The CIN (Corporate Identification Number) of Magnasurge is U17299KA2020PTC141606. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magnasurge was incorporated on 28 November 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
Bangalore Muralidhar Shreyas was appointed as Director on 28 Nov 2020. Rahul Reddy Bommireddy was appointed as Director on 28 Nov 2020.
The registered office of Magnasurge is at No.37 16th Cross 6th Main N Farm Sanjaynagar, Bengaluru, Karnataka, India – 560094.
Magnasurge operates in the manufacturing industry, in the textile and fabric production segment.
Magnasurge can be reached at its registered office: No.37 16th Cross 6th Main N Farm Sanjaynagar, Bengaluru, Karnataka, India – 560094.
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