Mag5 Innovations Private Limited
About Mag5 Innovations Private Limited
Data last updated: 08 March 2026
Mag5 Innovations Private Limited is a private limited company based in Murbad, Maharashtra, India, recognised as a startup by DPIIT. It specialises in sports equipment manufacturing, a part of the broader consumer goods sector. Incorporated on 09 November 2020, the company has been in operation for over 6 years.
Registered with ROC Mumbai under CIN U29309MH2020PTC349811.
Capital: an authorised share capital of ₹5 Cr and a paid-up capital of ₹1 Lakh. It is led by directors Ameya Narendra Hete and Wursten Anslem Dsilva.
Last AGM: 23 September 2025. Financial statements filed for year ended 31 March 2025. Office: Plot No. L – 8 Additional Midc Murbad Udavali, Maharashtra, India – 421401.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.89 Cr, reflecting significant growth compared to the previous year.
The company has a workforce of approximately 7 employees as per the latest available data.
As per MCA filings, the company has open charges of ₹7.5 Cr on record.
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Registered AddressPlot No. L – 8 Additional Midc Murbad Udavali, Maharashtra, India – 421401
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IndustryConsumer Goods, Sports Equipment Manufacturing
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
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Business Activity of Mag5 Innovations Private Limited
Mag5 Innovations Private Limited is engaged in the principal business activity of trade, with detailed activities including wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details for Mag5 Innovations Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
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Auditor Details of Mag5 Innovations Private Limited
Mag5 Innovations Private Limited is audited by SPDS & ASSOCIATES LLP for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SPDS & ASSOCIATES LLP | Locked | Locked | Locked |
Complete auditor history for Mag5 Innovations Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
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Board of Directors of Mag5 Innovations Private Limited
Mag5 Innovations Private Limited is currently managed by 2 directors, with 4 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Ameya Narendra Hete
Also directs:
Swamisamarth Developers Llp, Naamam Developers Llp, Sky N Land Insights Llp and 5 more
|
Director | 18 Sep 2024 | 1 Years 9 Months | Current |
| Wursten Anslem Dsilva | Director | 24 May 2023 | 3 Years 1 Months | Current |
Financials of Mag5 Innovations Private Limited FY 2025 filings available
Mag5 Innovations Private Limited reported revenue of ₹4.89 Cr (up 6648.00% YoY) for FY 2025.
Ten-year financial statements for Mag5 Innovations Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
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Ownership and Shareholding of Mag5 Innovations Private Limited
Shareholding and ownership data for Mag5 Innovations Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
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- FII and DII holdings
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Charges & Borrowings of Mag5 Innovations Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Jan 2025 | Others | ₹7.5 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Mag5 Innovations Private Limited
Mag5 Innovations Private Limited has a workforce of 7 employees as of Mar 28, 2024.
Employee and EPFO history for Mag5 Innovations Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
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GST Compliance of Mag5 Innovations Private Limited
GST registrations and filing compliance for Mag5 Innovations Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
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Credit Ratings, Litigation & Regulatory Alerts for Mag5 Innovations Private Limited
Credit ratings, litigation, and regulatory alerts for Mag5 Innovations Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Mag5 Innovations Private Limited
MSME payment history for Mag5 Innovations Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
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Subsidiaries & Group Companies of Mag5 Innovations Private Limited
Corporate group structure for Mag5 Innovations Private Limited
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- Associates and joint ventures
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MCA Filings & Documents of Mag5 Innovations Private Limited
MCA filings and documents for Mag5 Innovations Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on Mag5 Innovations Private Limited
Frequently Asked Questions about Mag5 Innovations Private Limited
Mag5 Innovations Private Limited is an active private limited company in the consumer goods sector based in Murbad, Maharashtra, India. It was incorporated on 09 November 2020 (6+ years old) and is registered under CIN U29309MH2020PTC349811. The company has 7 employees.
Mag5 Innovations Private Limited reported revenue of ₹4.89 Cr for FY 2025 (up 6648.00% YoY).
The current directors of Mag5 Innovations Private Limited are:
- Ameya Narendra Hete - Director
- Wursten Anslem Dsilva - Director
The primary industry of Mag5 Innovations Private Limited is consumer goods. The company specifically operates in sports equipment manufacturing. The company is currently active in this sector.
Yes, Mag5 Innovations Private Limited is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Mag5 Innovations Private Limited can be reached at the registered office: Plot No. L – 8 Additional Midc Murbad Udavali, Maharashtra, India – 421401.