- Category
- Small (2024-25)
- Udyam number
- UDYAM-WB-14-0007833

Magnacon Electricals India Ltd
About Magnacon Electricals India Ltd
Data last updated:
Magnacon Electricals India Ltd is a public limited company based in Kolkata, West Bengal, India, a subsidiary of Geeta Intelligent Properties India Private Limited. It operates in the IT infrastructure management and services segment of the technology and IT services sector. It was incorporated on 15 November 1976 and has been in existence for over 50 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U31200WB1976PLC030769. Its GSTIN is 19AACCM2489E2ZB (West Bengal). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹16.5 Cr and a paid-up capital of ₹16.16 Cr. It was formerly known as Magnacon Electricals India Private Limited. It is led by directors including Rishi Jalan (Managing Director) and Ashok Kumar Vijay.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Kolkata, West Bengal.
As per the financials filed for FY 2025, the company reported a revenue of ₹38.96 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹14.76 Cr (net margin 37.9%) and EBITDA of ₹28.76 Cr (EBITDA margin 73.8%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 9% over five years.
As per MCA filings, the company has open charges of ₹122.51 Cr and satisfied charges of ₹88.03 Cr on record. Court records list 6 cases involving the company, including 5 filed by the company and 1 filed against it; 1 case is pending. The company has 12 deals on record (7 secondary share transfers, 4 funding rounds, 1 acquisition), with disclosed funding of ₹8.05 Cr; the latest was in June 2011. Its 4 peer companies in the Real Estate industry (Builders and Developers, Infrastructure Management), with the same principal business activity (real estate activities with own or leased property) are compared by revenue, 2 larger and 2 smaller; the largest is Suryakrupa Constructions Private Limited with revenue of ₹39.1 Cr.
Magnacon Electricals India Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-14-0007833). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Magnacon Electricals India has one previous CIN (Corporate Identification Number): U31200WB1976PTC030769. The current CIN is U31200WB1976PLC030769, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31200WB1976PLC030769 | Current |
| U31200WB1976PTC030769 | Previous |
Recognitions & Rankings of Magnacon Electricals India
Contact details
Magnacon Electricals India Ltd's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressAdventzinfinity@5, Office No.607 Block Bn – 5 Sector V, Kolkata, West Bengal, India – 700091
- IndustryInformation Technology, IT Infrastructure Management & Services
To see the full contact details of Magnacon Electricals India 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 Magnacon Electricals India is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Magnacon Electricals India Ltd, buy the company report.
Financials of Magnacon Electricals India Ltd
FY 2025 filings availableMagnacon Electricals India Ltd reported revenue of ₹38.96 Cr (up 22% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 22% growth in the latest year. EBITDA rose 34% 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 | ₹28.76 Cr | ||||
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| Net Profit (PAT) | ₹14.76 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 73.8% | ||||
| Net Profit Margin | 37.9% | ||||
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To see the full financial statements and ratios of Magnacon Electricals India Ltd, buy the company report.
Board of directors of Magnacon Electricals India Ltd
Magnacon Electricals India has 6 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rishi Jalan | Managing Director | 15 Nov 2021 | 4 Years 11 Months | Current |
| Ashok Kumar Vijay Also directs: Texmaco Rail & Engineering Limited, Texmaco Transtrak Private Limited, Texmaco Rail Electrification Limited and 1 more | Director | 21 Apr 2017 | 9 Years 6 Months | Current |
| Satyanarayan Khaitan | Director | 21 Apr 2017 | 9 Years 6 Months | Current |
| Manoj Sharma Also directs: CTC (India) Private Limited, CTC Praezision Tools Private Limited | Director | 28 Aug 2023 | 3 Years 2 Months | Current |
| Devendra Khemka Also directs: The Pench Valley Coal Company Ltd, Amalgamated Fuels Ltd, Yashvruddhi Properties Private Limited and 5 more | Director | 21 Apr 2017 | 9 Years 6 Months | Current |
| Sital Prasad Swain Also directs: United Infracore Limited | Director | 01 Apr 2024 | 2 Years 7 Months | Current |
Peer comparison
Magnacon Electricals India Ltd is compared with the 4 companies closest to it by revenue in the Real Estate industry (Builders and Developers, Infrastructure Management), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Suryakrupa Constructions Private Limited | ₹39.1 Cr (FY 2016) | 34.0% | Mumbai, Maharashtra, India | |||
| Swayam Sadasiba Constructions Private Limited | ₹39.04 Cr (FY 2025) | 9.0% | Nayagarh, Odisha, India | |||
| Magnacon Electricals India Ltdthis company | ₹38.96 Cr (FY 2025) | ₹14.76 Cr | 37.9% | 22.0% | Kolkata, West Bengal, India | |
| Rajdarbar Transpay Solutions Private Limited | ₹38.94 Cr (FY 2024) | 59.0% | Noida, Uttar Pradesh, India | |||
| Tarc Limited | ₹38.89 Cr (FY 2025) | -68.0% | New Delhi, Delhi, India |
To see the full peer comparison of Magnacon Electricals India Ltd, buy the company report.
Auditor
Magnacon Electricals India Ltd is audited by J.B.S.& Company for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J.B.S.& Company | FY 2023 | 323734E |
Shareholding
The shareholding of Magnacon Electricals India 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Magnacon Electricals India Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Mar 2022 | 100553953 | Axis Bank Limited | ₹91.01 Cr | Open | |
| 01 Feb 2021 | 100418960 | Axis Bank Limited | ₹5.25 Cr | Open | |
| 04 Feb 2020 | 100326518 | Axis Bank Limited | ₹26.25 Cr | Open | |
| 22 Mar 2012 | 10349147 | Others | ₹78 Cr | Satisfied | |
| 14 Jul 1999 | 80031991 | Industrial Development Bank of India | ₹45 Lakh | Satisfied |
To see the full charge records of Magnacon Electricals India Ltd, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Magnacon Electricals India Ltd has 12 deals on record (7 secondary share transfers, 4 funding rounds, 1 acquisition), with disclosed funding of ₹8.05 Cr; the latest was in June 2011.
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2011 | Secondary share transfer | Undisclosed | Buyer: Geeta Intelligent Properties India Private Limited & Satish Kalbalia, Geeta Intelligent Properties India Private Limited , Geeta Intelligent Properties India Private Limited & Rishi Jalan Seller: Geeta Intelligent Properties India Private Limited & Pulak Chamaria, Geeta Intelligent Properties India Private Limited & R M Kothari, Geeta Intelligent Properties India Private Limited & V K Rungta |
| Feb 2009 | Funding round | ₹75 Lakh | Investors: Geeta Intelligent Properties India Private Limited |
| May 2008 | Funding round | ₹3.05 Cr | Investors: Geeta Intelligent Properties India Private Limited |
| Mar 2008 | Funding round | ₹2.6 Cr | Investors: Geeta Intelligent Properties India Private Limited |
| Jun 2007 | Secondary share transfer | Undisclosed | Buyer: Geeta Intelligent Properties India Private Limited Seller: an individual |
To see the full deal history of Magnacon Electricals India Ltd, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Magnacon Electricals India Ltd has 6 court cases on record: 5 filed by Magnacon Electricals India, 1 filed against it. 1 case is pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 1 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, West Bengal | Writ petition | Filed by the company against Union of India and Ors. | Pending |
| Calcutta High Court | Court case (FMA) | Filed against the company by Union of India & Ors | Disposed |
| Calcutta High Court | Writ petition | Filed by the company against Union of India & Ors | Disposed |
| High Court | Company petition | Filed by the company against an individual | Disposed |
| Calcutta High Court | Writ petition | Filed by the company against an individual | Disposed |
To see the full case history of Magnacon Electricals India 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Magnacon Electricals India Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Magnacon Electricals India has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AACCM2489E2ZB | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Magnacon Electricals India Ltd, buy the company report.
Recent activity
Magnacon Electricals India Ltd has 24 board changes on record since 2007: 7 appointments and 17 cessations. The latest: Mrinal Kedia ceased to be Company Secretary on 30 Apr 2025.
35 earlier events are in the company report.
Frequently asked questions
Magnacon Electricals India is an active public limited company based in Kolkata, West Bengal, India. The company works in IT infrastructure management and services, within the information technology industry. It was incorporated on 15 November 1976 (50+ years old) and is registered under CIN U31200WB1976PLC030769.
Magnacon Electricals India has 6 current directors:
- Rishi Jalan - Managing Director
- Ashok Kumar Vijay - Director
- Satyanarayan Khaitan - Director
- Manoj Sharma - Director
- Devendra Khemka - Director
- Sital Prasad Swain - Director
The latest financial statements of Magnacon Electricals India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Magnacon Electricals India is 19AACCM2489E2ZB, registered in West Bengal. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Magnacon Electricals India is U31200WB1976PLC030769. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magnacon Electricals India has 6 court cases on record: 5 filed by the company and 1 filed against it. 1 is pending.
Magnacon Electricals India was incorporated on 15 November 1976, making it 50+ years old. It is registered with the Registrar of Companies, Kolkata.
Magnacon Electricals India has 12 deals on record (7 secondary share transfers, 4 funding rounds, 1 acquisition), with disclosed funding of ₹8.05 Cr; the latest was in June 2011.
The peers of Magnacon Electricals India by revenue are Suryakrupa Constructions Private Limited, Swayam Sadasiba Constructions Private Limited, Rajdarbar Transpay Solutions Private Limited, Tarc Limited, all in the Real Estate industry (Builders and Developers, Infrastructure Management), with the same principal business activity (real estate activities with own or leased property).
Mrinal Kedia ceased to be Company Secretary on 30 Apr 2025. Sital Prasad Swain ceased to be Additional Director on 29 Sep 2024. Sital Prasad Swain was appointed as Director on 01 Apr 2024. Magnacon Electricals India has 24 board changes on record in total.
Yes, Magnacon Electricals India is registered as a small enterprise under Udyam registration (number: UDYAM-WB-14-0007833).

