Magenta Trading Private Limited
About Magenta Trading Private Limited
Data last updated:
Magenta Trading Private Limited was a private limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Gokaldas Exports Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the textile and fabric production segment of the manufacturing sector. It was incorporated on 27 February 2003.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U17111KA2003PTC031645. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It was led by directors including Poojari Viswanath and Sundararajan Poorana Seenivasan.
Its last annual general meeting (AGM) was held on 17 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 16/2 Reisdency Road, Bangalore, Karnataka, India – 560025.
As per the financials filed for FY 2018, the company reported a revenue of ₹7.61 Cr, a decline of 73% compared to the previous year. For the same year it recorded a net loss of ₹15.99 Lakh (net margin -2.1%) and EBITDA of -₹13.49 Lakh (EBITDA margin -1.8%). Revenue has declined at a compounded annual rate (CAGR) of 35% over three years.
Company details
Contact details
Magenta Trading Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address16/2 Reisdency Road, Bangalore, Karnataka, India – 560025
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Magenta Trading 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
Business activity
The main business activity of Magenta Trading is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Magenta Trading Private Limited, buy the company report.
Financials of Magenta Trading Private Limited
FY 2018 filings availableMagenta Trading Private Limited reported revenue of ₹7.61 Cr (down 73% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 35% over three years, including a 73% fall in the latest year. EBITDA fell 277% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹13.49 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹15.99 Lakh | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -1.8% | |||
| Net Profit Margin | -2.1% | |||
| Return on Equity (ROE) | ||||
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To see the full financial statements and ratios of Magenta Trading Private Limited, buy the company report.
Board of directors of Magenta Trading Private Limited
Magenta Trading has 4 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Poojari Viswanath | Director | 10 Feb 2016 | 10 Years 8 Months | As last reported |
| Sundararajan Poorana Seenivasan | Director | 23 May 2016 | 10 Years 5 Months | As last reported |
| Sathyamurthy Annamalai Also directs: All Colour Garments Private Limited, Vignesh Apparels Private Limited, SNS Clothing Private Limited and 3 more | Director | 10 Feb 2016 | 10 Years 8 Months | As last reported |
| Padala Ramababu | Director | 22 Jun 2015 | 11 Years 4 Months | As last reported |
Peer comparison
Magenta Trading Private Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shraddha Synthetics Private Limited | ₹7.62 Cr (FY 2025) | -9.0% | Mumbai, Maharashtra, India | |||
| Baheti Industries Private Limited | ₹7.62 Cr (FY 2022) | 2.0% | Kanpur, Uttar Pradesh, India | |||
| Shri Salasar Realtech Private Limited | ₹7.62 Cr (FY 2025) | 9.0% | Jaipur, Rajasthan, India | |||
| Magenta Trading Private Limitedthis company | ₹7.61 Cr (FY 2018) | -₹15.99 Lakh | -2.1% | -73.0% | Bangalore, Karnataka, India | |
| Devashri Cotex Private Limited | ₹7.61 Cr (FY 2023) | 4.0% | Dhule, Maharashtra, India | |||
| Sambhav Synthetics Private Limited | ₹7.61 Cr (FY 2025) | 41.0% | Surat, Gujarat, India | |||
| Venus P P Varadharaju Spinning Mills Private Limited | ₹7.6 Cr (FY 2025) | 24.0% | Salem, Tamil Nadu, India | |||
| V E Impex Private Limited | ₹7.6 Cr (FY 2025) | -2.0% | Noida, Uttar Pradesh, India |
To see the full peer comparison of Magenta Trading Private Limited, buy the company report.
Auditor
Magenta Trading Private Limited is audited by V M PAL & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V M PAL & CO | FY 2017 | 009075S |
Shareholding
The shareholding of Magenta Trading Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Magenta Trading Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Magenta Trading Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Magenta Trading Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Magenta Trading has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Magenta Trading Private Limited, buy the company report.
Recent activity
Magenta Trading Private Limited has 15 board changes on record since 2011: 4 appointments and 11 cessations. The latest: Poojari Viswanath ceased to be Additional Director on 19 Sep 2016.
6 earlier events are in the company report.
Frequently asked questions
Magenta Trading has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Magenta Trading was a private limited company based in Bangalore, Karnataka, India. The company worked in textile and fabric production, within the manufacturing industry. It was incorporated on 27 February 2003 and is registered under CIN U17111KA2003PTC031645. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Magenta Trading was incorporated on 27 February 2003. It is registered with the Registrar of Companies, Bangalore.
Magenta Trading had 4 directors:
- Poojari Viswanath - Director
- Sundararajan Poorana Seenivasan - Director
- Sathyamurthy Annamalai - Director
- Padala Ramababu - Director
The CIN (Corporate Identification Number) of Magenta Trading is U17111KA2003PTC031645. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Magenta Trading is at 162 Reisdency Road, Bangalore, Karnataka, India – 560025.
The latest financial statements of Magenta Trading on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 17 September 2018. Year-wise statements from 2015 are in the company report.
No. Magenta Trading has 1 GST registration on record and it is cancelled or inactive.
Magenta Trading operated in the manufacturing industry, in the textile and fabric production segment.
The peers of Magenta Trading by revenue are Shraddha Synthetics Private Limited, Baheti Industries Private Limited, Shri Salasar Realtech Private Limited, Devashri Cotex Private Limited, Sambhav Synthetics Private Limited and 2 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Poojari Viswanath ceased to be Additional Director on 19 Sep 2016. Sathyamurthy Annamalai ceased to be Additional Director on 19 Sep 2016. Sundararajan Poorana Seenivasan ceased to be Additional Director on 19 Sep 2016. Magenta Trading has 15 board changes on record in total.