About Magasool
Magasool is a company based in Chennai (India) founded in 2012 by Jayaram Venkatesan. Technology service provider for farmers. Its Indian entity Karya Space And Suites Private Limited reported revenue of ₹82.1 Lakh.
Company details
Magasool, incubated at IIMCIP, is a technology services provider for small and marginal farmers to help them increase the yield, decrease the input cost and value add to the end product. The services offered are first experimented on a farm and then would be taken for use by a few farmers once for testing. It would be taken to a larger group of farmers once the method has a significant impact over the conventional methods. It is currently functional in 6 districts of Tamil Nadu namely Cuddalore, Kanchipuram, Salem, Thanjavur, Thiruvannamalai, Trichy and claims to have reached over 1000 farmers and landless labourers.
- Headquarters Chennai, India
- Founders Jayaram Venkatesan
- Email••••••••
- Phone•••• ••••
- Website magasool.org
- Social X Facebook
- Legal Name Karya Space And Suites Private Limited
- Date of Incorporation 04 Jun, 2015
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹82.1 Lakh
FY 2023 · +1% YoY
- Net Profit₹1.7 Lakh
FY 2023 · 2% margin
- EBITDA₹5 Lakh
FY 2023 · 6% margin
Associated legal entities of Magasool
Magasool operates through Karya Space And Suites Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Karya Space And Suites Private Limited CIN U74900TN2015PTC100782 | Active | 04 Jun 2015 | Chennai, Tamil Nadu | ₹0.8 Cr | 2 | View details |
Board of directors of Karya Space And Suites Private Limited (Magasool)
Karya Space And Suites Private Limited is the primary company behind Magasool. The board of Karya Space And Suites Private Limited currently have 2 directors; the longest-serving is Chander Arjjun, appointed in 2015. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Chander Arjjun DIN 07176238 | Director | 04 Jun 2015 | 11 yrs 4 mo | Karya Space And Suites Private Limited |
| Priyanka Rajan DIN 10593981 | Director | 07 Mar 2024 | 2 yrs 7 mo | Karya Space And Suites Private Limited |
People of Magasool
1 people are tracked at Magasool (1 in leadership).
| Name | Role | Group |
|---|---|---|
Jayaram Venkatesan | Founder & Director | Leadership |
Complete people profiles for Magasool
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Financials of Magasool
Figures of Karya Space And Suites Private Limited, the primary company behind Magasool, for FY 2023. Revenue was ₹82.1 Lakh (+1% year on year). Net profit was ₹1.7 Lakh (2% margin). EBITDA was ₹5 Lakh (6% margin). Revenue has grown at a compounded annual rate of -11% over three years and +10% over five years.
- ₹82.1 LakhRevenue · FY 2023 · +1% YoY
- ₹1.7 LakhNet profit · 2% margin
- ₹5 LakhEBITDA · 6% margin
- ₹3.2 LakhPaid-up capital
- -11%Revenue CAGR, 3 years
- +10%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Karya Space And Suites Private Limited are on its company page.
Detailed financial statements for Magasool
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
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Frequently Asked Questions about Magasool
Magasool was founded in 2012.
Magasool is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
The primary company behind Magasool, Karya Space And Suites Private Limited, reported revenue of ₹82.1 Lakh for FY 2023, up 1% year on year.
Magasool, incubated at IIMCIP, is a technology services provider for small and marginal farmers to help them increase the yield, decrease the input cost and value add to the end product. The services offered are first experimented on a farm and then would be taken for use by a few farmers once for testing. It would be taken to a larger group of farmers once the method has a significant impact over the conventional methods. It is currently functional in 6 districts of Tamil Nadu namely Cuddalore, Kanchipuram, Salem, Thanjavur, Thiruvannamalai, Trichy and claims to have reached over 1000 farmers and landless labourers.
Magasool operates through Karya Space And Suites Private Limited.
The legal entities of Magasool currently have 2 directors, including Priyanka Rajan, Chander Arjjun.