About Magna Projects Pvt Ltd
Data last updated:
Magna Projects Pvt Ltd is a private limited company based in Kolkata, West Bengal, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 27 February 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U45203WB1996PTC077666. Its GSTIN is 19AABCM7437M1ZY (West Bengal).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.33 Cr. It is led by directors Shashikant Shinde (Managing Director) and Sunita Shinde.
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 5 Adi Banstalla Lane 1st Floor, Kolkata, West Bengal, India – 700007.
As per the financials filed for FY 2025, the company reported a revenue of ₹302.82 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹59.79 Lakh (net margin 0.2%) and EBITDA of ₹1.17 Cr (EBITDA margin 0.4%). Revenue has grown at a compounded annual rate (CAGR) of 17% over five years.
As per MCA filings, the company has open charges of ₹1.61 Cr and satisfied charges of ₹21.61 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website magnabullion.com.
Company details
Contact details
Magna Projects Pvt Ltd's registered office is in Kolkata, West Bengal. Its website is magnabullion.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address5 Adi Banstalla Lane 1st Floor, Kolkata, West Bengal, India – 700007
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Magna Projects Pvt Ltd, 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 Magna Projects is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Magna Projects Pvt Ltd, buy the company report.
Financials of Magna Projects Pvt Ltd
FY 2025 filings availableMagna Projects Pvt Ltd reported revenue of ₹302.82 Cr (up 294% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 294% growth in the latest year. EBITDA rose 677% 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 | ₹1.17 Cr | ||||
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| Net Profit (PAT) | ₹59.79 Lakh | ||||
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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 | 0.4% | ||||
| Net Profit Margin | 0.2% | ||||
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To see the full financial statements and ratios of Magna Projects Pvt Ltd, buy the company report.
Board of directors of Magna Projects Pvt Ltd
Magna Projects has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shashikant Shinde | Managing Director | 11 Apr 2001 | 25 Years 6 Months | Current |
| Sunita Shinde | Director | 01 Dec 2008 | 17 Years 10 Months | Current |
Auditor
Magna Projects Pvt Ltd is audited by S. BUDHIA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. BUDHIA & CO | FY 2023 | 329293E |
Shareholding
The shareholding of Magna Projects Pvt Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Magna Projects Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2018 | 100166236 | Others | ₹35 Lakh | Satisfied | |
| 31 Mar 2018 | 100166237 | Others | ₹1.26 Cr | Satisfied | |
| 12 Jul 2010 | 10230767 | Others | ₹20 Cr | Satisfied |
To see the full charge records of Magna Projects Pvt Ltd, buy the company report.
Total charge records: 3 View all charges
Legal cases
Magna Projects Pvt Ltd has 2 court cases on record: 1 filed by Magna Projects, 1 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Interim or miscellaneous application | Filed against the company by State Bank of India | Pending |
| High Court | Writ petition | Filed by the company against The State of West Bengal & Ors. | Disposed |
To see the full case history of Magna Projects Pvt Ltd, 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.
Credit ratings & regulatory alerts
Magna Projects Pvt Ltd was last rated by Icra on 27 Jan 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 27 Jan 2022 |
To see the full credit ratings and regulatory alerts of Magna Projects Pvt Ltd, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Magna Projects Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Magna Projects has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCM7437M1ZY | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Magna Projects Pvt Ltd, buy the company report.
Recent activity
Magna Projects Pvt Ltd has 7 board changes on record since 2001: 2 appointments and 5 cessations. The latest: Sanjay Shankar Patil ceased to be Director on 29 Mar 2023.
5 earlier events are in the company report.
Frequently asked questions
Magna Projects is an active private limited company based in Kolkata, West Bengal, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 27 February 1996 (30+ years old) and is registered under CIN U45203WB1996PTC077666.
Magna Projects has 2 current directors:
- Shashikant Shinde - Managing Director
- Sunita Shinde - Director
The latest financial statements of Magna Projects 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 2015 are in the company report.
The GSTIN of Magna Projects is 19AABCM7437M1ZY, registered in West Bengal.
The CIN (Corporate Identification Number) of Magna Projects is U45203WB1996PTC077666. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magna Projects has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Magna Projects was incorporated on 27 February 1996, making it 30+ years old. It is registered with the Registrar of Companies, Kolkata.
Sanjay Shankar Patil ceased to be Director on 29 Mar 2023. Prakash Patil ceased to be Director on 25 Sep 2021. Uday Gajanan Shinde ceased to be Additional Director on 29 Sep 2018. Magna Projects has 7 board changes on record in total.
Magna Projects can be reached through the website magnabullion.com. Its registered office is in Kolkata, West Bengal, India.
The registered office of Magna Projects is at 5 Adi Banstalla Lane 1st Floor, Kolkata, West Bengal, India – 700007.