MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-WB-08-0003198
Magnetite India Private Limited - business services in Howrah, West Bengal, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹4.76 Cr
▲ 59% YoY
Net loss · FY 2024
₹55.32 Lakh
Net margin -11.6%
EBITDA · FY 2024
-₹54.42 Lakh
EBITDA margin -11.4%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹50,000
Issued & subscribed
Company age
6 yrs
Est. 2020
Employees · EPFO
80
Provident fund records
Directors on board
2
As per MCA filings
About Magnetite India Private Limited
Data last updated:
Magnetite India Private Limited is a private limited company based in Howrah, West Bengal, India. It operates in the facility management segment of the business services sector. It was incorporated on 05 February 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB2020PTC236294. Its GSTIN is 19AANCM3026C1ZM (West Bengal).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹50,000. It is led by directors Indranil Srimani and Gopal Chandra Srimani.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Opp. Mohiary K.C. Institution Mahiary Acharya Siris Sarani Andul, Howrah, West Bengal, India – 711302.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.76 Cr, a growth of 59% compared to the previous year. For the same year it recorded a net loss of ₹55.32 Lakh (net margin -11.6%) and EBITDA of -₹54.42 Lakh (EBITDA margin -11.4%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years.
The company has about 80 employees on its provident fund (EPFO) records.
Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it; 3 cases are pending.
Magnetite India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-08-0003198). For more details, the company can be reached via its website magnetiteindia.com.
Company details
CIN U51909WB2020PTC236294
Registration Number 236294
Incorporation Date 05 February 2020
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-WB-08-0003198
Recognitions & Rankings of Magnetite India
Contact details
Magnetite India Private Limited's registered office is in Howrah, West Bengal. Its website is magnetiteindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOpp. Mohiary K.C. Institution Mahiary Acharya Siris Sarani Andul, Howrah, West Bengal, India – 711302
- IndustryBusiness Services, Facility Management
To see the full contact details of Magnetite India Private Limited, buy the company report.
Comprehensive company report
Magnetite India Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Magnetite India is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Magnetite India Private Limited, buy the company report.
Financials of Magnetite India Private Limited
FY 2025 filings availableMagnetite India Private Limited reported revenue of ₹4.76 Cr (up 59% YoY) for FY 2024.
Revenue · FY 2024
₹4.76 Cr ▲ 59%
Net loss · FY 2024
₹55.32 Lakh margin -11.6%
EBITDA · FY 2024
-₹54.42 Lakh margin -11.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 59%
3 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▲ 10%
3 years · compounded
▼ 57%
Revenue has grown at a compounded annual rate (CAGR) of 11% over three years, including 59% growth in the latest year. EBITDA rose 10% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | -₹54.42 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹55.32 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -11.4% | ||||
| Net Profit Margin | -11.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Magnetite India Private Limited, buy the company report.
Board of directors of Magnetite India Private Limited
Magnetite India has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Indranil Srimani Also directs: Holo Industries Private Limited, Willmix Cinepictures Private Limited, Magnetite India Infra Developers Private Limited and 1 more | Director | 05 Feb 2020 | 6 Years 8 Months | Current |
| Gopal Chandra Srimani | Director | 05 Feb 2020 | 6 Years 8 Months | Current |
Auditor
Magnetite India Private Limited is audited by SURAJIT DATTA & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SURAJIT DATTA & ASSOCIATES | FY 2022 | 328815E |
Shareholding
The shareholding of Magnetite India Private Limited is on record for 3 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Magnetite India Private Limited, buy the company report.
Legal cases
Magnetite India Private Limited has 4 court cases on record: 1 filed by Magnetite India, 3 filed against it. 3 cases are pending and 1 is disposed.
Total cases
4
Filed by the company
1
Filed against the company
3
Pending
3
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 3 | 3 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South Twenty Four Parganas, West Bengal | Interim or miscellaneous application | Filed against the company by Zak Global Services Private Limited | Pending |
| District court, South Twenty Four Parganas, West Bengal | Civil suit | Filed by the company against S and Ib Services Private Limited | Pending |
| District court, New Delhi, Delhi | Court case (CS (COMM.)) | Filed against the company by Zak Global Services Pvt. Ltd. | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by L and T Finance Ltd .. | Pending |
To see the full case history of Magnetite India Private 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 Magnetite India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Magnetite India Private Limited has a workforce of 80 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
80
Active EPFO establishments
1
Employee growth
128.57%
GST
Magnetite India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AANCM3026C1ZM | West Bengal | Active | 20 Feb 2020 |
To see the full GST registrations and return filing status of Magnetite India Private Limited, buy the company report.
Recent activity
Magnetite India Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Gopal Chandra Srimani was appointed as Director on 05 Feb 2020.
AGM
Magnetite India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Magnetite India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kolkata I.
Appointed
Gopal Chandra Srimani was appointed as Director.
Appointed
Indranil Srimani was appointed as Director.
Incorporation
05 Feb 2020
Magnetite India Private Limited was registered on 05 Feb 2020 with Roc Kolkata I & aged 6 years 8 months as per MCA records.
Frequently asked questions
Magnetite India is an active private limited company based in Howrah, West Bengal, India. The company works in facility management, within the business services industry. It was incorporated on 05 February 2020 (6+ years old) and is registered under CIN U51909WB2020PTC236294.
Magnetite India has 2 current directors:
- Indranil Srimani - Director
- Gopal Chandra Srimani - Director
The latest financial statements of Magnetite India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Magnetite India is 19AANCM3026C1ZM, registered in West Bengal.
The CIN (Corporate Identification Number) of Magnetite India is U51909WB2020PTC236294. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magnetite India has 4 court cases on record: 1 filed by the company and 3 filed against it. 3 are pending.
Magnetite India was incorporated on 05 February 2020, making it 6+ years old. It is registered with the Registrar of Companies, Kolkata.
Gopal Chandra Srimani was appointed as Director on 05 Feb 2020. Indranil Srimani was appointed as Director on 05 Feb 2020.
Yes, Magnetite India is registered as a micro enterprise under Udyam registration (number: UDYAM-WB-08-0003198).
Magnetite India can be reached through the website magnetiteindia.com. Its registered office is in Howrah, West Bengal, India.
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