Net Magnets LLP
About Net Magnets LLP
Data last updated:
Net Magnets LLP was a limited liability partnership (LLP) based in Thane, Maharashtra, India. The LLP has been converted into a company and no longer exists as an LLP. For the latest details, refer to the successor company. It operated in the service-based operations segment of the business services sector. It was incorporated on 25 July 2022.
The LLP was registered with the Registrar of Companies (ROC), Mumbai, under LLPIN ABB-8664.
The LLP had a total obligation of contribution of ₹50,000. It was led by designated partners including Charmi Bakul Shah and Pragnesh Motilal Thakore.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office was at Thane, Maharashtra.
As per the financials filed for FY 2024, the LLP reported a revenue of ₹21.55 Lakh, a decline of 20% compared to the previous year.
Company details
Contact details
Net Magnets LLP's registered office is in Thane, Maharashtra.
- Registered AddressC – 103 Raj Mandir Complex Chs Ltd, Near Vinay Nagar Hatkesh Mira Road East, Thane, Maharashtra, India – 401107
- IndustryBusiness Services, Other Services
- 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 Net Magnets LLP
FY 2025 filings availableNet Magnets LLP reported revenue of ₹21.55 Lakh (down 20% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 20% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
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Financial Ratios
| Statement of Account and Solvency | FY 2023-24 | FY 2022-23 |
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To see the full financial statements and ratios of Net Magnets LLP, buy the company report.
Designated partners of Net Magnets LLP
Net Magnets has 4 current designated partners and 1 former designated partner. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Charmi Bakul Shah Also directs: Net Magnets Private Limited | Designated Partner | 25 Jul 2022 | 4 Years 3 Months | As last reported |
| Pragnesh Motilal Thakore | Designated Partner | 25 Jul 2022 | 4 Years 3 Months | As last reported |
| Lalit Narsingdas Agarwal Also directs: Net Magnets Private Limited, Balaji Techno Systems Private Limited | Designated Partner | 25 Jul 2022 | 4 Years 3 Months | As last reported |
| Parag Subhash Shah | Designated Partner | 25 Jul 2022 | 4 Years 3 Months | As last reported |
Legal cases
No court or tribunal cases involving Net Magnets LLP 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 Net Magnets LLP; 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 Net Magnets LLP; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Net Magnets LLP has 5 designated partner changes on record since 2022: 4 appointments and 1 cessation. The latest: Pragnesh Motilal Thakore ceased to be Designated Partner on 01 Apr 2023.
Frequently asked questions
Net Magnets has been converted into a company - the business changed its legal structure from a Limited Liability Partnership to a company. The LLP no longer exists in its previous form. For the latest information, refer to the successor company registered with MCA.
Net Magnets was a limited liability partnership based in Thane, Maharashtra, India. The LLP worked in other services, within the business services industry. It was incorporated on 25 July 2022 and is registered under LLPIN ABB-8664. For the latest details, refer to the successor company.
The LLPIN (Limited Liability Partnership Identification Number) of Net Magnets is ABB-8664. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Net Magnets had 4 designated partners:
- Charmi Bakul Shah - Designated Partner
- Pragnesh Motilal Thakore - Designated Partner
- Lalit Narsingdas Agarwal - Designated Partner
- Parag Subhash Shah - Designated Partner
Net Magnets was incorporated on 25 July 2022. It is registered with the Registrar of Companies, Mumbai.
The registered office of Net Magnets is at C – 103 Raj Mandir Complex Chs Ltd, Near Vinay Nagar Hatkesh Mira Road East, Thane, Maharashtra, India – 401107.
The latest financial statements of Net Magnets on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2023 are in the company report.
Net Magnets operated in the business services industry, in the other services segment.
Pragnesh Motilal Thakore ceased to be Designated Partner on 01 Apr 2023. Charmi Bakul Shah was appointed as Designated Partner on 25 Jul 2022. Lalit Narsingdas Agarwal was appointed as Designated Partner on 25 Jul 2022. Net Magnets has 5 designated partner changes on record in total.
Net Magnets can be reached at its registered office: C – 103 Raj Mandir Complex Chs Ltd, Near Vinay Nagar Hatkesh Mira Road East, Thane, Maharashtra, India – 401107.
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