Magenta IT Solutions Private Limited

Magenta IT Solutions Private Limited - information technology in Dharwad, Karnataka, India. Directors, charges & compliance details.
CIN U72900KA2021PTC155972 Incorporated 24 December 2021 ROC Bangalore HQ Dharwad, Karnataka, India
Active Private Limited Company information technology MSME · Micro
Data last updated
Revenue · FY 2024
₹8.09 Lakh
▲ 17% YoY
Net loss · FY 2024
₹89,029
Net margin -11%
EBITDA · FY 2024
-₹89,029
EBITDA margin -11%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
Brands
1
Associated brands

About Magenta IT Solutions Private Limited

Data last updated:

Magenta IT Solutions Private Limited is a private limited company based in Dharwad, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 24 December 2021 and has been in existence for over 5 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2021PTC155972.

The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Riyaz Ahammed Mohammad Gouse Adhoni and Musarrath Adhoni.

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 73 Kadasiddeshwar Colony Keshwapur Hubli, Dharwad, Karnataka, India – 580023.

As per the financials filed for FY 2024, the company reported a revenue of ₹8.09 Lakh, a growth of 17% compared to the previous year. For the same year it recorded a net loss of ₹89,029 (net margin -11%) and EBITDA of -₹89,029 (EBITDA margin -11%).

The company is associated with 1 brand: Magenta IT Solutions.

Magenta IT Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-13-0024776). For more details, the company can be reached via its website magentait.com.

Company details

CIN U72900KA2021PTC155972
Registration Number 155972
Incorporation Date 24 December 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-KR-13-0024776

Recognitions & Rankings of Magenta IT Solutions

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-KR-13-0024776

Contact details

Magenta IT Solutions Private Limited's registered office is in Dharwad, Karnataka.

  • Registered Address
    73 Kadasiddeshwar Colony Keshwapur Hubli, Dharwad, Karnataka, India – 580023
  • Industry
    Information Technology, IT Consulting & Support Services
Comprehensive company report
Magenta IT Solutions Private Limited - one report that includes everything
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  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Brands

Magenta IT Solutions operates one associated brand: Magenta IT Solutions. Each brand links to its own profile.

BrandDescriptionWebsite
A technology consulting firm providing website design, digital marketing, SEO, and cloud hosting to businesses.magentait.com

Business activity

The main business activity of Magenta IT Solutions is information and communication. In detail, this covers other information & communication service activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ8Other information & communication service activities

To see the full business activity and turnover split of Magenta IT Solutions Private Limited, buy the company report.

Financials of Magenta IT Solutions Private Limited

FY 2025 filings available

Magenta IT Solutions Private Limited reported revenue of ₹8.09 Lakh (up 17% YoY) for FY 2024.

Revenue · FY 2024
₹8.09 Lakh ▲ 17%
Net loss · FY 2024
₹89,029 margin -11%
EBITDA · FY 2024
-₹89,029 margin -11%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 17%
EBITDA CAGR growth
1 year
▲ 84%

Revenue rose 17% in the latest year. EBITDA rose 84% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2023-24FY 2022-23FY 2021-22
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹89,029
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹89,029
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 2023-24FY 2022-23FY 2021-22
Profitability
EBITDA Margin-11%
Net Profit Margin-11%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
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 Magenta IT Solutions Private Limited, buy the company report.

Board of directors of Magenta IT Solutions Private Limited

Magenta IT Solutions has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Riyaz Ahammed Mohammad Gouse AdhoniDirector24 Dec 20214 Years 10 MonthsCurrent
Musarrath AdhoniDirector24 Dec 20214 Years 10 MonthsCurrent

Peer comparison

Magenta IT 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Dossier Analytics Private Limited₹8.1 Lakh (FY 2019)Chennai, Tamil Nadu, India
Karboun Resolutions Private Limited₹8.09 Lakh (FY 2016)27.0%Hyderabad, Telangana, India
Simoice Solutions Private Limited₹8.09 Lakh (FY 2019)G. Noida, Uttar Pradesh, India
Supersike Games Private Limited₹8.09 Lakh (FY 2021)-72.0%New Delhi, Delhi, India
Vaanigar International Private Limited₹8.09 Lakh (FY 2024)Tiruchirappalli, Tamil Nadu, India
Magenta IT Solutions Private Limitedthis company₹8.09 Lakh (FY 2024)-₹89,029-11%17.0%Dharwad, Karnataka, India
E Web Bazar Private Limited₹8.09 Lakh (FY 2022)-4.0%Dhanbad, Jharkhand, India
Kirrt Foundation₹8.08 Lakh (FY 2022)5.0%Patiala, Punjab, India
Booms Edge Private Limited₹8.08 Lakh (FY 2023)74.0%Navi Mumbai, Maharashtra, India
Ouitec Engineering Services Private Limited₹8.07 Lakh (FY 2025)-100.0%Gautam Buddha Nagar, Uttar Pradesh, India
Digisat IT Solutions Private Limited₹8.07 Lakh (FY 2025)-55.0%Patna, Bihar, India

To see the full peer comparison of Magenta IT Solutions Private Limited, buy the company report.

MSME payment delays

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

Recent activity

Magenta IT Solutions Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Musarrath Adhoni was appointed as Director on 24 Dec 2021.

AGM
Magenta It Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Magenta It Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Musarrath Adhoni was appointed as Director.
Appointed
Riyaz Ahammed Mohammad Gouse Adhoni was appointed as Director.
Incorporation
24 Dec 2021
Magenta It Solutions Private Limited was registered on 24 Dec 2021 with Roc Bangalore & aged 4 years 10 months as per MCA records.

Frequently asked questions

Magenta IT Solutions is an active private limited company based in Dharwad, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 24 December 2021 (5+ years old) and is registered under CIN U72900KA2021PTC155972.

Magenta IT Solutions has 2 current directors:

The latest financial statements of Magenta IT 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 2022 are in the company report.

The CIN (Corporate Identification Number) of Magenta IT Solutions is U72900KA2021PTC155972. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Magenta IT Solutions was incorporated on 24 December 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Magenta IT Solutions by revenue are Dossier Analytics Private Limited, Karboun Resolutions Private Limited, Simoice Solutions Private Limited, Supersike Games Private Limited, Vaanigar International Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).

Musarrath Adhoni was appointed as Director on 24 Dec 2021. Riyaz Ahammed Mohammad Gouse Adhoni was appointed as Director on 24 Dec 2021.

Yes, Magenta IT Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-13-0024776).

Magenta IT Solutions can be reached through the website magentait.com. Its registered office is in Dharwad, Karnataka, India.

The registered office of Magenta IT Solutions is at 73 Kadasiddeshwar Colony Keshwapur Hubli, Dharwad, Karnataka, India – 580023.

Magenta IT Solutions operates in the information technology industry, in the IT consulting and support services segment.