Inspire Magnetics Private Limited

Inspire Magnetics Private Limited - steel in Mysore, Karnataka, India. Directors, charges & compliance details.
CIN U27102KA2023PTC177475 Incorporated 19 August 2023 ROC Bangalore HQ Mysore, Karnataka, India
Active Private Limited Company steel
Data last updated
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹15 Lakh
Issued & subscribed
Open charges
₹2.6 Cr
Secured borrowings
Company age
3 yrs
Est. 2023
Directors on board
2
As per MCA filings
Last financials
Mar 2025
Balance sheet date
Last AGM
29 Sep 2025
Annual general meeting
Company status
Active
MCA master data

About Inspire Magnetics Private Limited

Data last updated:

Inspire Magnetics Private Limited is a private limited company based in Mysore, Karnataka, India. It operates in the iron and steel segment of the steel sector. It was incorporated on 19 August 2023.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U27102KA2023PTC177475.

The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors Thanmayee Alathur Nagesh and Rohan Ravi Kumar.

Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mysore, Karnataka.

As per MCA filings, the company has open charges of ₹2.6 Cr on record.

Company details

CIN U27102KA2023PTC177475
Registration Number 177475
Incorporation Date 19 August 2023
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025

Contact details

Inspire Magnetics Private Limited's registered office is in Mysore, Karnataka.

  • Registered Address
    55/G Sagar Mosiacifile, Vidyaranyapuram, Mysore, Karnataka, India – 570008
  • Industry
    Steel, Iron & Steel, Manufacturing
Comprehensive company report
Inspire Magnetics Private Limited - one report that includes everything
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  • Legal cases, compliance and MCA filings
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Financials of Inspire Magnetics Private Limited

FY 2025 filings available

Financial Statement Summary

MetricsFY 2024-25FY 2023-24
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
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Profit Before Tax
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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 2024-25FY 2023-24
Profitability
EBITDA Margin
Net Profit Margin
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
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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 Inspire Magnetics Private Limited, buy the company report.

Board of directors of Inspire Magnetics Private Limited

Inspire Magnetics has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Thanmayee Alathur NageshDirector19 Aug 20233 Years 2 MonthsCurrent
Rohan Ravi KumarDirector19 Aug 20233 Years 2 MonthsCurrent

Charges & borrowings

Open charges
₹2.6 Cr
Satisfied charges
None
Breakdown by lending institutions
Canara Bank₹2.60 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
25 Jul 2025101155134Canara Bank₹1.1 CrOpen
30 Sep 2024101001653Canara Bank₹1.5 CrOpen

Total charge records: 2 View all charges

MSME payment delays

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

Recent activity

Inspire Magnetics Private Limited has 2 board changes on record since 2023: 2 appointments. The latest: Rohan Ravi Kumar was appointed as Director on 19 Aug 2023.

AGM
Inspire Magnetics Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Charges
A charge with Canara Bank amounted to Rs. 110.00 Lakh with Charge ID 101155134 was registered on 25 Jul 2025.
Filing
Inspire Magnetics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Canara Bank amounted to Rs. 150.00 Lakh with Charge ID 101001653 was registered on 30 Sep 2024.
Appointed
Rohan Ravi Kumar was appointed as Director.
Appointed
Thanmayee Alathur Nagesh was appointed as Director.
Incorporation
19 Aug 2023
Inspire Magnetics Private Limited was registered on 19 Aug 2023 with Roc Bangalore & aged 3 years 2 months as per MCA records.

Frequently asked questions

Inspire Magnetics is an active private limited company based in Mysore, Karnataka, India. The company works in iron and steel, within the steel industry. It was incorporated on 19 August 2023 (3+ years old) and is registered under CIN U27102KA2023PTC177475.

Inspire Magnetics has 2 current directors:

The latest financial statements of Inspire Magnetics on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2024 are in the company report.

The CIN (Corporate Identification Number) of Inspire Magnetics is U27102KA2023PTC177475. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Inspire Magnetics was incorporated on 19 August 2023, making it 3+ years old. It is registered with the Registrar of Companies, Bangalore.

Rohan Ravi Kumar was appointed as Director on 19 Aug 2023. Thanmayee Alathur Nagesh was appointed as Director on 19 Aug 2023.

The registered office of Inspire Magnetics is at 55G Sagar Mosiacifile, Vidyaranyapuram, Mysore, Karnataka, India – 570008.

Inspire Magnetics operates in the steel industry, in the iron and steel segment.

Inspire Magnetics has open charges of ₹2.6 Cr and no satisfied charges on record as per latest MCA filings.

Inspire Magnetics can be reached at its registered office: 55G Sagar Mosiacifile, Vidyaranyapuram, Mysore, Karnataka, India – 570008.