Bizmagnets International Private Limited - Company Profile

It is a financial services private limited company based in Chennai, Tamil Nadu, India, established in 2020.
2020 Chennai, Tamil Nadu, India Active
Last Updated:
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About Bizmagnets International Private Limited

Bizmagnets International Private Limited, a active private limited company, was established on 09 April 2020 in Chennai, Tamil Nadu, India. Engaging in digital payment solutions within the information and communication sector, it holds CIN: U72501TN2020PTC135115. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹8.00 M and a paid-up capital of ₹6.55 M.

Employing 16 professional, Its leadership includes Manivannan Rajendran (Director), Prasanna Kothandaraman (Director), Govindarajan Nithya (Director). Past directors included Prasanna Gayathri, Padmanabhan Senthil Kumar. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 74, Tiny Sector Industrial Estate, Second Floor Ekkattuthangal, Chennai, Tamil Nadu, 600032.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U72501TN2020PTC135115

  • Registration Number

    135115

  • Incorporation Date

    09 April 2020

  • Authorized Capital

    ₹8.00 M

  • Paid-Up Capital

    ₹6.55 M

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 8.00 M
  • Paid Up Capital ₹ 6.55 M
  • Company Age 5 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth **** -59.22%
  • Profit Growth **** -81.33%
  • Ebitda **** -75.18%
  • Net Worth 58.11%
  • Total Assets **** 90.46%
Company report

Bizmagnets International Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Bizmagnets International Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Bizmagnets International Private Limited?
Current Directors
Name Designation Appointment Date Status
Manivannan Rajendran Director 27 Jun 2022 Current
Prasanna Kothandaraman Director 09 Apr 2020 Current
Govindarajan Nithya Director 27 Jun 2022 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 10 Aug 2022 Past
Pramod Abcsdd Director 10 Aug 2022 Past

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Financial Performance of Bizmagnets International.

6Dof Studio Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 59.22% decrease. The company also saw a substantial fall in profitability, with a 81.33% decrease in profit. The company's net worth Soared by an impressive increase of 58.11%.

Bizmagnets International revenue growth over time
Bizmagnets International profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 -59.22%
*******
*******
*******
*******
Revenue from Operations
*******
 -59.32%
*******
*******
*******
*******
Total Assets
*******
 90.46%
*******
*******
*******
*******
Profit or Loss
*******
 -81.33%
*******
*******
*******
*******
Net Worth
*******
 58.11%
*******
*******
*******
*******
EBITDA
*******
 -75.18%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Bizmagnets International?

In 2023, Bizmagnets International had a public holding of 9.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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How Many Employees Work at Bizmagnets International?

Bizmagnets International has a workforce of 16 employees as of Apr 03, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Bizmagnets International, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Bizmagnets International's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
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Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Bizmagnets International
Recent Activity within the Organization
  • Annual General Meeting

    The activity Bizmagnets International Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    Bizmagnets International Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai. was recorded as a recent event.

  • Director Appointment

    Manivannan Rajendran was appointed as a Director was appointed as a Director on 27 Jun 2022 & has been associated with this company since 3 years 8 months . was recorded as a recent event.

  • Director Appointment

    Progress on Govindarajan Nithya was appointed as a Director was appointed as a Director on 27 Jun 2022 & has been associated with this company since 3 years 8 months . was documented.

  • Director Appointment

    Progress on Prasanna Kothandaraman was appointed as a Director was appointed as a Director on 09 Apr 2020 & has been associated with this company since 5 years 10 months . was documented.

  • Company Incorporation

    Progress on Bizmagnets International Private Limited was registered on 09 Apr 2020 with Roc Chennai & aged 5 years 10 months as per MCA records. was documented.

Explore recent activity and updates - View Recent Activity

Recent News, Updates & Announcement
  • Bizmagnets International news update on market trends
    Airbnb Acquires Multi-City Trip Planning Service Vamo, Will Shut Down Product.

    Airbnb is acquiring Vamo, a service that helps in the process of booking trips with stops in multiple cities, and shutting the product down. Airbnb might not use Vamo, but the company's appetite for a team like Vamo CEO Ari Steinberg's makes sense. Airbnb isn't just about booking a residence — there's a whole additional layer of experiences that sit on top of that, like communication between hosts and guests. And of course, for a team like Steinberg's, the attraction of a company like Airbnb is the opportunity to work in the same field at a much larger scale and with more resources..

    TechCrunch

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Frequently Asked Questions
What is the CIN of Bizmagnets International Private Limited?

The CIN of Bizmagnets International Private Limited is U72501TN2020PTC135115.

Where is Bizmagnets International Private Limited headquartered?

Bizmagnets International Private Limited is headquartered at 74, Tiny Sector Industrial Estate, Second Floor Ekkattuthangal, Chennai, Tamil Nadu, 600032.

When was Bizmagnets International Private Limited incorporated?

Bizmagnets International Private Limited was incorporated on 09 April 2020.

Who are the current directors of Bizmagnets International Private Limited?

The current directors of Bizmagnets International Private Limited are

What is the primary industry of Bizmagnets International Private Limited?

The primary industry of Bizmagnets International Private Limited is Information And Communication.

Is Bizmagnets International Private Limited a listed company?

Bizmagnets International Private Limited is unlisted.

What is the capital structure of Bizmagnets International Private Limited?

The authorized capital of Bizmagnets International Private Limited is ₹8.00 M, and the paid-up capital is ₹6.55 M.

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