Magar System Technologies Private Limited - Company Profile

It is a software private limited company based in Pune, Maharashtra, India, established in 2018.
2018 Pune, Maharashtra, India Active
Last Updated:
Access Report
About Magar System Technologies Private Limited

Magar System Technologies Private Limited, a active private limited company, was established on 28 August 2018 in Pune, Maharashtra, India. Engaging in software development within the software sector, it holds CIN: U72200PN2018PTC178330. Registered under ROC Roc Pune. it is unlisted. It has an authorized capital of ₹0.10 M and a paid-up capital of ₹0.10 M.

Its leadership includes Akshay Subhash Magar (Director), Rajkumar Subhash Magar (Director). Past directors included Akshay Subhash Magar, Rasika Ashok Mallayanmath. Its latest AGM occurred on 24 November 2021, with the balance sheet filed on 31 March 2021. It is based at S. No. 302, Ashtavinayak Colo., Kalepadal, Pune, Maharashtra, 411028.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U72200PN2018PTC178330

  • Registration Number

    178330

  • Incorporation Date

    28 August 2018

  • Authorized Capital

    ₹0.10 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Pune

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 7 Year, 5 Months
  • Last Filing with ROC 31 Mar 2021
  • Revenue Growth **** -99.99%
  • Profit Growth **** 82.33%
  • Ebitda **** 88.59%
  • Net Worth -42.88%
  • Total Assets -42.88%
Company report

Magar System Technologies Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Magar System Technologies Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report Banner Element
Who are the key members and board of directors at Magar System Technologies Private Limited?
Current Directors
Name Designation Appointment Date Status
Akshay Subhash Magar Director 11 Sep 2018 Current
Rajkumar Subhash Magar Director 28 Aug 2018 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 16 Aug 2019 Past
Pramod Abcsdd Director 11 Sep 2018 Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Magar System Technologies.

Magar System Technologies Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 99.99% decrease. The company also saw a substantial improvement in profitability, with a 82.33% increase in profit. The company's net worth observed a substantial decline by a decrease of 42.88%.

Magar System Technologies revenue growth over time
Magar System Technologies profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 -99.99%
*******
*******
*******
*******
Revenue from Operations
*******
 -99.99%
*******
*******
*******
*******
Total Assets
*******
 -42.88%
*******
*******
*******
*******
Profit or Loss
*******
 82.33%
*******
*******
*******
*******
Net Worth
*******
 -42.88%
*******
*******
*******
*******
EBITDA
*******
 88.59%
*******
*******
*******
*******

Discover detailed financial data and - Unlock financial today!

What is the Ownership and Shareholding Structure of Magar System Technologies?

Unlock access to Magar System Technologies's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

Reveal ownership structures and financial performance - Get instant access now!

How Many Employees Work at Magar System Technologies?

Unlock and access historical data on people associated with Magar System Technologies, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Magar System Technologies, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Magar System Technologies's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Explore deal ratings and alerts - Get instant access now!

Latest Updates, News, and FAQs on Magar System Technologies
Recent Activity within the Organization
  • Annual General Meeting

    Magar System Technologies Private Limited last Annual general meeting of members was held on 24 Nov 2021 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    The activity Magar System Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Pune. was completed.

  • Director Appointment

    Akshay Subhash Magar was appointed as a Director was appointed as a Director on 11 Sep 2018 & has been associated with this company since 7 years 5 months . was recorded as a recent event.

  • Director Appointment

    The activity Rajkumar Subhash Magar was appointed as a Director was appointed as a Director on 28 Aug 2018 & has been associated with this company since 7 years 5 months . was completed.

  • Company Incorporation

    Progress on Magar System Technologies Private Limited was registered on 28 Aug 2018 with Roc Pune & aged 7 years 5 months as per MCA records. was documented.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Magar System Technologies Private Limited?

The CIN of Magar System Technologies Private Limited is U72200PN2018PTC178330.

Where is Magar System Technologies Private Limited headquartered?

Magar System Technologies Private Limited is headquartered at S. No. 302, Ashtavinayak Colo., Kalepadal, Pune, Maharashtra, 411028.

When was Magar System Technologies Private Limited incorporated?

Magar System Technologies Private Limited was incorporated on 28 August 2018.

Who are the current directors of Magar System Technologies Private Limited?

The current directors of Magar System Technologies Private Limited are

What is the primary industry of Magar System Technologies Private Limited?

The primary industry of Magar System Technologies Private Limited is Software.

Is Magar System Technologies Private Limited a listed company?

Magar System Technologies Private Limited is unlisted.

What is the capital structure of Magar System Technologies Private Limited?

The authorized capital of Magar System Technologies Private Limited is ₹0.10 M, and the paid-up capital is ₹0.10 M.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available