
About Magenta Power Private Limited
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Magenta Power Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India, a subsidiary of Magenta Ev Solutions Private Limited and recognised as a startup by DPIIT. It operates in the engineering sector. It was incorporated on 14 June 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40300MH2017PTC296161. Its GSTIN is 27AALCM1366K1Z3 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Maxson Alexander Lewis and Sujit Cherian.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Shop No. 002 Ground Floor Alpha Garden Plot No 26 Sector 14 Koparkhairne, Navi Mumbai, Maharashtra, India – 400709.
As per the financials filed for FY 2025, the company reported a revenue of ₹30.47 Lakh, a decline of 63% compared to the previous year. For the same year it recorded a net loss of ₹1.79 Cr and EBITDA of -₹28.46 Lakh (EBITDA margin -93.4%). Revenue has declined at a compounded annual rate (CAGR) of 46% over three years and 22% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Magenta Mobility. Court records list 14 cases involving the company, including 7 filed by the company and 7 filed against it; 9 cases are pending.
Magenta Power Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0053596). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website magentagroup.com.
Company details
Recognitions & Rankings of Magenta Power
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-MH-33-0053596
Contact details
Magenta Power Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is magentagroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressShop No. 002 Ground Floor Alpha Garden Plot No 26 Sector 14 Koparkhairne, Navi Mumbai, Maharashtra, India – 400709
- IndustryEngineering, Engineering, Procurement & Construction (EPC)
To see the full contact details of Magenta Power 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
Brands
Magenta Power operates one associated brand: Magenta Mobility. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Electric mobility solutions are provided for logistics delivery operations. | magentamobility.com |
Business activity
The main business activity of Magenta Power is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Magenta Power Private Limited, buy the company report.
Financials of Magenta Power Private Limited
FY 2025 filings availableMagenta Power Private Limited reported revenue of ₹30.47 Lakh (down 63% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 22% over five years, including a 63% fall in the latest year. EBITDA fell 167% 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 | -₹28.46 Lakh | ||||
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| Net Profit (PAT) | -₹1.79 Cr | ||||
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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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| EBITDA Margin | -93.4% | ||||
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To see the full financial statements and ratios of Magenta Power Private Limited, buy the company report.
Board of directors of Magenta Power Private Limited
Magenta Power has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Maxson Alexander Lewis Also directs: Betterme Ventures Private Limited, Skrapnest Recyclers Private Limited, Magenta EV Solutions Private Limited and 5 more | Director | 14 Jun 2017 | 9 Years 4 Months | Current |
| Sujit Cherian Also directs: Magenta EV Solutions Private Limited | Additional Director | 12 Aug 2025 | 1 Years 2 Months | Current |
Auditor
Magenta Power Private Limited is audited by SUDHA IYER & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUDHA IYER & CO. | FY 2022 | 120250W |
Shareholding
The shareholding of Magenta Power Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Magenta Power Private Limited, buy the company report.
Legal cases
Magenta Power Private Limited has 14 court cases on record: 7 filed by Magenta Power, 7 filed against it. 9 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 7 | 9 |
| High courts | 4 | 0 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jaipur Metro II, Rajasthan | Civil miscellaneous application | Filed against the company by Rajasthan Electronics and Instruments Limited | Pending |
| District court, Jaipur Metro II, Rajasthan | Civil miscellaneous application | Filed against the company by Rajasthan Electronics and Instruments Limited | Pending |
| District court, Jaipur Metro II, Rajasthan | Execution petition | Filed by the company against Rajasthan Electronic and Instrument Ltd.(Reil) | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Central Board of Dirct Tax and Ors and 3 others | Disposed |
| District court, Jaipur Metro II, Rajasthan | Civil miscellaneous application | Filed against the company by M/S Rajasthan Electronics and Instrumentation Ltd. | Disposed |
To see the full case history of Magenta Power Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Magenta Power Private Limited has 9 MSME Form 1 returns on record between 2018 and 2023, listing 50 overdue payments to 11 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 11)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| D.S. Momaya & Co. LLP | |||
| VRL Logistics Limited | |||
| Sudha Iyer and Co | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Magenta Power Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Magenta Power Private Limited has a workforce of 7 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Magenta Power has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AALCM1366K1Z3 | Maharashtra | Active | 01 Sep 2017 |
To see the full GST registrations and return filing status of Magenta Power Private Limited, buy the company report.
Recent activity
Magenta Power Private Limited has 7 board changes on record since 2017: 3 appointments and 4 cessations. The latest: Sujit Cherian was appointed as Additional Director on 12 Aug 2025.
News
Frequently asked questions
Magenta Power is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in the engineering industry. It was incorporated on 14 June 2017 (9+ years old) and is registered under CIN U40300MH2017PTC296161.
Magenta Power has 2 current directors:
- Maxson Alexander Lewis - Director
- Sujit Cherian - Additional Director
The latest financial statements of Magenta Power on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Magenta Power is 27AALCM1366K1Z3, registered in Maharashtra.
The CIN (Corporate Identification Number) of Magenta Power is U40300MH2017PTC296161. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magenta Power has 14 court cases on record: 7 filed by the company and 7 filed against it. 9 are pending. Most are in the district courts.
Magenta Power was incorporated on 14 June 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
Sujit Cherian was appointed as Additional Director on 12 Aug 2025. Fazle Malak Abdehaque Amiruddin ceased to be Director on 02 Dec 2020. Arun Harihar Rao ceased to be Director on 13 Nov 2019. Magenta Power has 7 board changes on record in total.
Yes, Magenta Power is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Magenta Power is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0053596).
Magenta Power has 9 MSME Form 1 returns on record between 2018 and 2023, listing 50 overdue payments to 11 micro and small suppliers. The latest return was filed on 29 Aug 2023.

