Burly Magnet Technologies India Private Limited

Burly Magnet Technologies India Private Limited - information technology in Bangalore, Karnataka, India. Directors, charges & compliance details.
CIN U72200KA2017PTC102720 Incorporated 01 May 2017 ROC Bangalore HQ Bangalore, Karnataka, India
Struck Off Private Limited Company information technology Startup India
Data last updated
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
4
As per MCA filings
Last financials
Mar 2019
Balance sheet date
Last AGM
30 Sep 2019
Annual general meeting
Company status
Struck Off
MCA master data
Registrar
Bangalore
ROC office

About Burly Magnet Technologies India Private Limited

Data last updated:

Burly Magnet Technologies India Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 01 May 2017.

The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2017PTC102720.

The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Raghavendra Suresh and Ajay Gupta.

Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at No. 63 9th Main 14th Cross Indiranagar 2nd Stage, Bangalore, Karnataka, India – 560038.

Company details

CIN U72200KA2017PTC102720
Registration Number 102720
Incorporation Date 01 May 2017
ROC Bangalore
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 30 September 2019
Date of Balance Sheet 31 March 2019
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup

Recognitions & Rankings of Burly Magnet Technologies India

Startup India Government of India

Contact details

Burly Magnet Technologies India Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    No. 63 9th Main 14th Cross Indiranagar 2nd Stage, Bangalore, Karnataka, India – 560038
  • Industry
    Information Technology, Application Development & Software Solutions

To see the full contact details of Burly Magnet Technologies India Private Limited, buy the company report.

Comprehensive company report
Burly Magnet Technologies 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 Burly Magnet Technologies India is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ2Publishing of computer operating systems, system software, application software, games, etc.

To see the full business activity and turnover split of Burly Magnet Technologies India Private Limited, buy the company report.

Financials of Burly Magnet Technologies India Private Limited

FY 2019 filings available

Financial Statement Summary

MetricsFY 2017-18
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA
Profit Before Tax
Tax Expense
Net Profit (PAT)
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2017-18
Profitability
EBITDA Margin
Net Profit Margin
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Burly Magnet Technologies India Private Limited, buy the company report.

Board of directors of Burly Magnet Technologies India Private Limited

Burly Magnet Technologies India has 4 directors on record. No former directors are listed.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Raghavendra SureshDirector01 May 20179 Years 5 MonthsAs last reported
Ajay GuptaDirector01 May 20179 Years 5 MonthsAs last reported
Vasudha Venkatesha MurthyDirector01 May 20179 Years 5 MonthsAs last reported
Holalagunda Krishnamurthy PrasannaDirector01 May 20179 Years 5 MonthsAs last reported

Auditor

Burly Magnet Technologies India Private Limited is audited by KISHORE & CO for the financial year 2018.

Auditor firmFinancial yearFirm registration number
KISHORE & COFY 2018013727S

Shareholding

The shareholding of Burly Magnet Technologies India Private Limited is on record for FY 2018, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2018
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Burly Magnet Technologies India Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Burly Magnet Technologies India Private Limited; 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 Burly Magnet Technologies India Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Burly Magnet Technologies India Private Limited has 4 board changes on record since 2017: 4 appointments. The latest: Ajay Gupta was appointed as Director on 01 May 2017.

AGM
Burly Magnet Technologies India Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.
Filing
Burly Magnet Technologies India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Bangalore.
Appointed
Ajay Gupta was appointed as Director.
Appointed
Holalagunda Krishnamurthy Prasanna was appointed as Director.
Appointed
Raghavendra Suresh was appointed as Director.
Appointed
Vasudha Venkatesha Murthy was appointed as Director.
Incorporation
01 May 2017
Burly Magnet Technologies India Private Limited was registered on 01 May 2017 with Roc Bangalore & aged 9 years 5 months as per MCA records.

Frequently asked questions

Burly Magnet Technologies India has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.

Burly Magnet Technologies India was a private limited company based in Bangalore, Karnataka, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 01 May 2017 and is registered under CIN U72200KA2017PTC102720. The company has been struck off by the Registrar of Companies and is no longer operational.

Burly Magnet Technologies India had 4 directors:

The CIN (Corporate Identification Number) of Burly Magnet Technologies India is U72200KA2017PTC102720. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Burly Magnet Technologies India is at No. 63 9th Main 14th Cross Indiranagar 2nd Stage, Bangalore, Karnataka, India – 560038.

Burly Magnet Technologies India was incorporated on 01 May 2017. It is registered with the Registrar of Companies, Bangalore.

Yes, Burly Magnet Technologies India is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

The latest financial statements of Burly Magnet Technologies India on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from FY 2018 are in the company report.

Burly Magnet Technologies India operated in the information technology industry, in the application development and software solutions segment. It worked in this industry before it was struck off.

Ajay Gupta was appointed as Director on 01 May 2017. Holalagunda Krishnamurthy Prasanna was appointed as Director on 01 May 2017. Raghavendra Suresh was appointed as Director on 01 May 2017. Burly Magnet Technologies India has 4 board changes on record in total.