About Digimagnet Communication Private Limited
Data last updated:
Digimagnet Communication Private Limited is a private limited company based in Bankura, West Bengal, India. It operates in the advertising and media services segment of the media and publishing sector. It was incorporated on 18 December 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U74999WB2018PTC229363. Its GSTIN is 19AAHCD0004H1Z3 (West Bengal).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rana Pathak and Subarna Pathak.
Its last annual general meeting (AGM) was held on 11 October 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at C/O Raghunath Pathak Khamardanga Po – Puipal, Bankura, West Bengal, India – 722151.
As per the financials filed for FY 2020, the company reported a revenue of ₹24.5 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹11.69 Lakh (net margin -47.7%) and EBITDA of -₹11.42 Lakh (EBITDA margin -46.6%).
The company is associated with 2 brands: SkillIndia and Digimagnet.
For more details, the company can be reached via its website digimagnet.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressC/O Raghunath Pathak Khamardanga Po – Puipal, Bankura, West Bengal, India – 722151
- IndustryMedia and Publishing, Advertising Agencies & Media 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
- One PDF report, delivered after checkout
Associated Brands
Digimagnet Communication operates two associated brands: SkillIndia and Digimagnet. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides news and updates on skill development initiatives in India. | skillindia.news | |
| IT solutions and digital marketing services provider focusing on various industries. | digimagnet.com |
Business Activity
The main business activity of Digimagnet Communication is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Digimagnet Communication Private Limited
FY 2019 filings availableDigimagnet Communication Private Limited reported revenue of ₹24.5 Lakh (up 322% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 322% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19in the company report |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | |
| Other Income | •••• | |
| Total Revenue | ₹24.5 Lakh | |
| Cost of Materials Consumed | •••• | |
| Employee Benefit Expense | •••• | |
| Finance Costs | •••• | |
| Depreciation and Amortisation | •••• | |
| Other Expenses | •••• | |
| Total Expenses | •••• | |
| EBITDA | -₹11.42 Lakh | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | -₹11.69 Lakh | |
| 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
| Metrics | FY 2019-20 | FY 2018-19in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -46.6% | |
| Net Profit Margin | -47.7% | |
| 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 | •••• | |
Paid data: the figures shown as dots, and every line for FY 2018-19, are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Digimagnet Communication are in the company report.
: available in the company report
Board of Directors of Digimagnet Communication Private Limited
Digimagnet Communication has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rana Pathak | Director | 18 Dec 2018 | 7 Years 10 Months | Current |
| Subarna Pathak | Director | 18 Dec 2018 | 7 Years 10 Months | Current |
Auditor Details
Digimagnet Communication Private Limited is audited by DURGA KRISHNAMURTHY & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DURGA KRISHNAMURTHY & CO | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
Digimagnet Communication Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Digimagnet Communication.
: available in the company report
Recent Activity
Digimagnet Communication Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Rana Pathak was appointed as Director on 18 Dec 2018.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Digimagnet Communication has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAHCD0004H1Z3 | West Bengal | Active | 09 Feb 2019 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Digimagnet Communication is an active private limited company based in Bankura, West Bengal, India. The company works in advertising agencies and media services, within the media and publishing industry. It was incorporated on 18 December 2018 (8+ years old) and is registered under CIN U74999WB2018PTC229363.
Digimagnet Communication has 2 current directors:
- Rana Pathak - Director
- Subarna Pathak - Director
The latest financial statements of Digimagnet Communication on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 11 October 2019. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Digimagnet Communication is 19AAHCD0004H1Z3, registered in West Bengal.
The CIN (Corporate Identification Number) of Digimagnet Communication is U74999WB2018PTC229363. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Digimagnet Communication was incorporated on 18 December 2018, making it 8+ years old. It is registered with the Registrar of Companies, Kolkata.
Rana Pathak was appointed as Director on 18 Dec 2018. Subarna Pathak was appointed as Director on 18 Dec 2018.
Digimagnet Communication can be reached through the website digimagnet.com. Its registered office is in Bankura, West Bengal, India.
The registered office of Digimagnet Communication is at CO Raghunath Pathak Khamardanga Po – Puipal, Bankura, West Bengal, India – 722151.
Digimagnet Communication operates in the media and publishing industry, in the advertising agencies and media services segment.