Kanmag Solutions Private Limited
About Kanmag Solutions Private Limited
Data last updated:
Kanmag Solutions Private Limited is a private limited company based in Mohali, Punjab, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 11 May 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U72900PB2016PTC045294. Its GSTIN is 03AAGCK1822K1ZR (Punjab). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Kanwal Magan and Ankur Magan.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mohali, Punjab.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.57 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹21.46 Lakh (net margin 2.5%) and EBITDA of ₹69.04 Lakh (EBITDA margin 8.1%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 24% over five years.
The company has about 17 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.7 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Kanmag Solutions Private Limited's registered office is in Mohali, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressD – 256 Phase – 8A, Industrial Area, Mohali, Punjab, India – 160062
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Kanmag Solutions Private Limited, buy the company report.
- 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
Business activity
The main business activity of Kanmag Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Kanmag Solutions Private Limited, buy the company report.
Financials of Kanmag Solutions Private Limited
FY 2025 filings availableKanmag Solutions Private Limited reported revenue of ₹8.57 Cr (up 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 16% growth in the latest year. EBITDA rose 20% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹69.04 Lakh | ||||
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| Net Profit (PAT) | ₹21.46 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 8.1% | ||||
| Net Profit Margin | 2.5% | ||||
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To see the full financial statements and ratios of Kanmag Solutions Private Limited, buy the company report.
Board of directors of Kanmag Solutions Private Limited
Kanmag Solutions has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kanwal Magan | Director | 11 May 2016 | 10 Years 5 Months | Current |
| Ankur Magan Also directs: MMM Immigration Consultants Private Limited | Director | 11 May 2016 | 10 Years 5 Months | Current |
| Sheetal Magan Also directs: MMM Immigration Consultants Private Limited | Director | 11 May 2016 | 10 Years 5 Months | Current |
| Madan Mohan Magan | Director | 11 May 2016 | 10 Years 5 Months | Current |
| Saloni Talwar | Director | 23 Jun 2016 | 10 Years 4 Months | Current |
Peer comparison
Kanmag Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mobatime India Private Limited | ₹8.57 Cr (FY 2025) | 58.0% | New Delhi, Delhi, India | |||
| Meglyn Technologies Private Limited | ₹8.57 Cr (FY 2025) | 97.0% | Ahmedabad, Gujarat, India | |||
| SKP Title Search Private Limited | ₹8.57 Cr (FY 2021) | 96.0% | Erode, Tamil Nadu, India | |||
| Plan-B Software Solutions Private Limited | ₹8.57 Cr (FY 2024) | 3.0% | Hyderabad, Telangana, India | |||
| Palai RCM Solutions Private Limited | ₹8.57 Cr (FY 2024) | 23.0% | Mumbai, Maharashtra, India | |||
| Kanmag Solutions Private Limitedthis company | ₹8.57 Cr (FY 2025) | ₹21.46 Lakh | 2.5% | 16.0% | 17 | Mohali, Punjab, India |
| Answer Computer (India) Private Limited | ₹8.56 Cr (FY 2025) | -9.0% | Thane, Maharashtra, India | |||
| Minds Creative Solutions Private Limited | ₹8.56 Cr (FY 2024) | 29.0% | Haryana, India | |||
| Infocore Technologies Private Limited | ₹8.56 Cr (FY 2023) | 1.0% | Bangalore, Karnataka, India | |||
| Handygo Technologies Private Limited | ₹8.56 Cr (FY 2025) | -74.0% | Delhi, India | |||
| Orbitsys Technologies Private Limited | ₹8.55 Cr (FY 2025) | -22.0% | New Delhi, Delhi, India |
To see the full peer comparison of Kanmag Solutions Private Limited, buy the company report.
Auditor
Kanmag Solutions Private Limited is audited by BALWINDER ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BALWINDER ASSOCIATES | FY 2022 | 014822N |
Shareholding
The shareholding of Kanmag Solutions Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Kanmag Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Mar 2025 | 101087151 | Others | ₹75 Lakh | Open | |
| 23 Feb 2022 | 100546287 | Axis Bank Limited | ₹50 Lakh | Open | |
| 08 Mar 2021 | 100431738 | Hdfc Bank Limited | ₹45 Lakh | Open |
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Kanmag Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Kanmag Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Kanmag Solutions Private Limited has a workforce of 17 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Kanmag Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAGCK1822K1ZR | Punjab | Active | 12 Oct 2017 |
To see the full GST registrations and return filing status of Kanmag Solutions Private Limited, buy the company report.
Recent activity
Kanmag Solutions Private Limited has 5 board changes on record since 2016: 5 appointments. The latest: Saloni Talwar was appointed as Director on 23 Jun 2016.
Frequently asked questions
Kanmag Solutions is an active private limited company based in Mohali, Punjab, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 11 May 2016 (10+ years old) and is registered under CIN U72900PB2016PTC045294.
Kanmag Solutions has 5 current directors:
- Kanwal Magan - Director
- Ankur Magan - Director
- Sheetal Magan - Director
- Madan Mohan Magan - Director
- Saloni Talwar - Director
The latest financial statements of Kanmag Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Kanmag Solutions is 03AAGCK1822K1ZR, registered in Punjab. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Kanmag Solutions is U72900PB2016PTC045294. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kanmag Solutions was incorporated on 11 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Kanmag Solutions by revenue are Mobatime India Private Limited, Meglyn Technologies Private Limited, SKP Title Search Private Limited, Plan-B Software Solutions Private Limited, Palai RCM Solutions Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Saloni Talwar was appointed as Director on 23 Jun 2016. Ankur Magan was appointed as Director on 11 May 2016. Kanwal Magan was appointed as Director on 11 May 2016. Kanmag Solutions has 5 board changes on record in total.
The registered office of Kanmag Solutions is at D – 256 Phase – 8A, Industrial Area, Mohali, Punjab, India – 160062.
Kanmag Solutions operates in the information technology industry, in the application development and software solutions segment.
Kanmag Solutions has open charges of ₹1.7 Cr and no satisfied charges on record as per latest MCA filings.
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