Magenta Ev Solutions Private Limited

Magenta Ev Solutions Private Limited - automotive in Navi Mumbai, Maharashtra, India. FY 2026 financials and compliance.
CIN U40107MH2018PTC305106 Incorporated 15 February 2018 ROC Mumbai HQ Navi Mumbai, Maharashtra, India
Active Private Limited Company automotive
Data last updated
Revenue · FY 2025
₹83.07 Cr
▲ 89.00% YoY
EBITDA · FY 2025
*****
▼ 9.00% YoY
Net profit · FY 2025
*****
▼ 36.00% YoY
Authorised capital
₹27.55 Lakh
Registered with MCA
Paid-up capital
₹17.41 Lakh
Issued & subscribed
Open charges
₹62.38 Cr
Satisfied ₹3.31 Cr
Company age
8 yrs
Est. 2018
Employees · EPFO
406
Latest available

About Magenta Ev Solutions Private Limited

Data last updated: 06 January 2026

Magenta Ev Solutions Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It specialises in automobile dealership and trading, a part of the broader automotive sector. Incorporated on 15 February 2018, the company has been in operation for over 8 years.

Registered with ROC Mumbai under CIN U40107MH2018PTC305106.

Capital: an authorised share capital of ₹27.55 Lakh and a paid-up capital of ₹17.41 Lakh. It is led by directors including Kiran Chhotubhai Patel and Sophia Isabella Marie Nadur.

Last AGM: 29 September 2025. Financial statements filed for year ended 31 March 2025. Office: Plot No. D – 285 Midc Turbhe, Navi Mumbai, Maharashtra, India – 400705.

As per the financials filed for FY 2025, the company reported a revenue of ₹83.07 Cr, a growth of 89% compared to the previous year.

The company has a workforce of approximately 406 employees as per the latest available data. Its group structure includes 1 subsidiary.

The company is associated with 1 brand - Magenta Mobility. As per MCA filings, the company has open charges of ₹62.38 Cr and satisfied charges of ₹3.31 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website magentamobility.com.

Company Details of Magenta Ev Solutions Private Limited
CIN U40107MH2018PTC305106
Registration Number 305106
Incorporation Date 15 February 2018
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Contact Details
  • Email
    *****@*****.com
  • Telephone
    +91-****-******
  • Social Media
  • Registered Address
    Plot No. D – 285 Midc Turbhe, Navi Mumbai, Maharashtra, India – 400705
  • Industry
    Automotive, Auto Dealership & Trading
Company report
Magenta Ev Solutions Private Limited - full intelligence report
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Financials, compliance, directors, charges, ownership and filings for Magenta Ev Solutions Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

Associated Brands with Magenta Ev Solutions Private Limited

Magenta Ev Solutions Private Limited operates one associated brand: Magenta Mobility. These brands represent Magenta Ev Solutions Private Limited's diversified market presence and brand portfolio.

Brand Description Website
Electric mobility solutions are provided for logistics delivery operations. magentamobility.com

Competitors & Alternatives of Magenta Ev Solutions Private Limited

Brands and companies operating in the same space as Magenta Ev Solutions Private Limited include Bolt.Earth, ChargePoint, Charge Zone and 5 more.

Competitor Description Location Founded
Bolt.Earth Bolt.Earth EV charging hardware, software, and maintenance services are offered. Bengaluru, India, India 2017
ChargePoint ChargePoint Cloud-enabled EV charging stations are operated for diverse sectors. Campbell, United States, United States 2007
Charge Zone Charge Zone Electric vehicle charging stations and management software are provided. Vadodara, India, India 2018
ChargeNet Holdings ChargeNet Holdings SaaS and AI-enabled platform offering electric vehicle charging and management solutions Los Angeles, United States, United States 2020
ETO Motors ETO Motors Online platform offering electric vehicles and fleet management solutions Hyderabad, India, India 2018
ZEVO India ZEVO India End-to-end EV supply chain solutions are delivered via a platform. Delhi, India, India 2022
EVRE EVRE Electric vehicle charging solutions are offered via an integrated platform. Hyderabad, India, India 2017
Electrifi Mobility Electrifi Mobility Provides EV leasing, financing, and maintenance for commercial fleet electrification. Gurugram, India, India 2023

Business Activity of Magenta Ev Solutions Private Limited

Magenta Ev Solutions Private Limited is engaged in principal business activities including manufacturing and transport and storage, with detailed activities including electrical equipment, general purpose and special purpose machinery & equipment, transport equipment, land transport via road. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
C Manufacturing C10 Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment *********
H Transport and storage H1 Land Transport via Road *********

Auditor Details of Magenta Ev Solutions Private Limited

Magenta Ev Solutions Private Limited is audited by S R B C & CO 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
S R B C & CO LLP blur-value blur-value blur-value

Board of Directors of Magenta Ev Solutions Private Limited

Magenta Ev Solutions Private Limited is currently managed by 6 directors, with 8 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Kiran Chhotubhai Patel Nominee Director 08 May 2021 5 Years 2 Months Current
Sophia Isabella Marie Nadur Nominee Director 07 Apr 2023 3 Years 3 Months Current
Shyamsundar Gurumoorthy Sundaresan Nominee Director 09 May 2023 3 Years 2 Months Current
Maxson Alexander Lewis Managing Director 15 Feb 2018 8 Years 4 Months Current

Financials of Magenta Ev Solutions Private Limited FY 2025 filings available

Magenta Ev Solutions Private Limited reported revenue of ₹83.07 Cr (up 89% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue
₹83.07 Cr ▲ 89%
Profit
***** ▼ -36%
EBITDA
***** ▼ -9%
Metrics
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Revenue
Revenue from Operations
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Revenue Growth %
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Other Income
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Total Revenue
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Expenses
Total Expenses
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Raw Material Cost
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Change in Inventory FG
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Change in Inventory WIP
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Purchase of Traded Goods
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Employee Cost
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Managerial Remuneration
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Audit Fees
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Insurance
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Power & Fuel
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Interest
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Depreciation
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Other Expenses
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Profitability
EBITDA (Operating Profit)
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Operating Margin %
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Exceptional Items
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Extraordinary Items
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Profit Before Exceptional & Extraordinary Items
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Profit Before Tax
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Tax & Net Profit
Tax Expense
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Current Tax
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Deferred Tax
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Profit from Discontinued Operations
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Tax on Discontinued Operations
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Profit
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Net Margin %
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Metrics
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Shareholders' Funds
Total Shareholders' Funds
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Equity Capital
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Reserves & Surplus
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Money Against Warrants
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Other Equity
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Non-Current Liabilities
Total Non-Current Liabilities
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Long-Term Borrowings
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Deferred Tax Liabilities
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Other Non-Current Liabilities
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Long-Term Provisions
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Current Liabilities
Total Current Liabilities
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Short-Term Borrowings
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Trade Payables
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Other Current Liabilities
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Short-Term Provisions
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Total Equity & Liabilities
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Non-Current Assets
Non-Current Assets
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Tangible Assets
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Intangible Assets
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Capital WIP
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Intangibles Under Dev
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Investments
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Deferred Tax Assets
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LT Loans & Advances
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Other Non-Current Assets
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Current Assets
Current Assets
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Current Investments
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Inventories
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Trade Receivables
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Cash & Bank Balance
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ST Loans & Advances
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Other Current Assets
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Total Assets
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Metrics
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Cash from Operating Activities (CFO)
Profit Before Tax
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Non-Cash Adjustments
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+ Interest Expense
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+ Depreciation
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+/- Unrealized Forex
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- Dividend Income
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- Interest Income
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+/- Other Non-Cash Items
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Changes in Working Capital
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+/- Inventory
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+/- Debtors
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+/- Creditors
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Reconciliation Adjustments
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Cash Generated from Operations
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Income Taxes Paid
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Net CFO (Cash from Operations)
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Cash from Investing Activities (CFI)
Acquisitions & Disposals
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Disposal of Subsidiaries
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Acquisition of Subsidiaries
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Capex
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Purchase of Fixed Assets
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Sale of Fixed Assets
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Other Investing Cash Flows
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Net CFI (Cash from Investing)
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Cash from Financing Activities (CFF)
Equity Issuance
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Debt Raised
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Debt Repaid
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Dividends Paid
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Interest Paid
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Net CFF (Cash from Financing)
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Net Cash Position
Net Change in Cash (Pre-Forex)
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Closing Cash & Equivalents
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Metrics
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Liquidity
Current Ratio
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Quick Ratio
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Cash Ratio
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Efficiency
Inventory Days
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Debtor Days
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Creditor Days
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Cash Conversion Cycle
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Asset Turnover
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Profitability
Net Profit Margin %
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Operating Margin %
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ROE %
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ROCE %
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Net Worth Margin %
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Growth
Revenue Growth %
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Leverage
Equity Multiplier
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Debt / EBITDA
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Solvency
D/E Ratio
*****
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ICR
*****
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Consolidated Statements

Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.

Unlock Complete Financial History (FY 2015 – Latest)
Standalone & Consolidated - Income Statement, Balance Sheet, Cash Flow, Financial Ratios and Growth Trends with 10+ years of line-item data.
10+ years of data Line-item breakdown Balance Sheet detail Cash Flow analysis 20+ ratios & metrics Downloadable PDF

Shareholding Pattern of Magenta Ev Solutions Private Limited

As of FY 2023, Magenta Ev Solutions Private Limited's shareholding pattern shows 53.51% by promoters, 41.78% by public shareholders, 4.72% by others. The promoters hold a majority stake, indicating strong promoter control.

2025
YEAR
38.19% Promoters
25.22% DII (Domestic Institutional)
10.28% FII (Foreign Institutional)
25.89% Public
2.42% Others
Shareholding Trend
Year 2025
Promoters 33.19%
DII 23.22%
FII 18.28%
Public 22.89%
Others 2.42%

Group Structure of Magenta Ev Solutions Private Limited

Magenta Ev Solutions Private Limited has 1 subsidiary company. This group structure data is as of FY 2023. The corporate group structure reflects Magenta Ev Solutions Private Limited's business expansion strategy and organizational complexity.

1
Subsidiary companies
Key Subsidiaries
Company Name CIN Shares Held
Magenta Power Private Limited U40300MH2017PTC296161
**.**%

Showing major subsidiaries. Total: 1.

Charges & Borrowings of Magenta Ev Solutions Private Limited

Open charges
₹62.38 Cr
Satisfied charges
₹3.31 Cr
Breakdown by lending institutions
Others₹37.38 Cr
Sidbi₹15.00 Cr
Axis Bank Limited₹10.00 Cr
Latest charge details
DateLenderAmountStatus
05 Mar 2025 Others ₹15 Cr Open
23 Nov 2023 Axis Bank Limited ₹10 Cr Open
22 Sep 2023 Sidbi ₹15 Cr Open
22 Aug 2023 Others ₹37.14 Lakh Open
31 Jul 2023 Others ₹37.14 Lakh Open

Total charge records: 23 View all charges

Employees and EPFO Compliance at Magenta Ev Solutions Private Limited

Magenta Ev Solutions Private Limited has a workforce of 406 employees as of Mar 21, 2024.

Employee count
406
Active EPFO establishments
1
Employee growth
35.79%
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Magenta Ev Solutions Private Limited

Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.

Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Magenta Ev Solutions Private Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Magenta Ev Solutions Private Limited

Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.

GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Magenta Ev Solutions Private Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Magenta Ev Solutions Private Limited

Access complete credit rating history, litigation records, regulatory alerts, and compliance data.

Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Magenta Ev Solutions Private Limited

MSME Payment Delays by Magenta Ev Solutions Private Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Magenta Ev Solutions Private Limited

Subsidiaries & Group Companies of Magenta Ev Solutions Private Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Magenta Ev Solutions Private Limited with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Magenta Ev Solutions Private Limited

MCA Filings & Documents of Magenta Ev Solutions Private Limited

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Magenta Ev Solutions Private Limited

Directors
29 Oct 2025
Sujit Cherian was appointed as a Ceo on 29 Oct 2025 & has been associated with this company since 8 months 10 days.
Activity
29 Sep 2025
Magenta Ev Solutions Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Directors
29 Sep 2025
Pranjul Gupta was appointed as a Company Secretary on 29 Sep 2025 & has been associated with this company since 9 months 10 days.
Charges
02 Sep 2025
A charge registered on 06 Jul 2021 via Charge ID 100461665 with Hdfc Bank Limited was fully satisfied on 02 Sep 2025.
Charges
18 Jun 2025
A charge registered on 04 Jun 2021 via Charge ID 100457373 with Others was fully satisfied on 18 Jun 2025.
Activity
31 Mar 2025
Magenta Ev Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.

Frequently Asked Questions about Magenta Ev Solutions Private Limited

Magenta Ev Solutions Private Limited is an active private limited company in the automotive sector based in Navi Mumbai, Maharashtra, India. It was incorporated on 15 February 2018 (8+ years old) and is registered under CIN U40107MH2018PTC305106. The company has 406 employees.

Magenta Ev Solutions Private Limited reported revenue of ₹83.07 Cr for FY 2025 (up 89.00% YoY).

The current directors of Magenta Ev Solutions Private Limited are:

The primary industry of Magenta Ev Solutions Private Limited is automotive. The company specifically operates in auto dealership and trading. The company is currently active in this sector.

Yes, Magenta Ev Solutions Private Limited is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Magenta Ev Solutions Private Limited can be reached at the registered office: Plot No. D – 285 Midc Turbhe, Navi Mumbai, Maharashtra, India – 400705, or through the website magentamobility.com.

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