Magnacore Enterprises Private Limited - Company Profile

It is a service private limited company based in Ahmadabad City, Gujarat, India, established in 2010.
2010 Ahmadabad City, Gujarat, India Active
Last Updated:
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About Magnacore Enterprises Private Limited

Magnacore Enterprises Private Limited, a active private limited company, was established on 02 July 2010 in Ahmadabad City, Gujarat, India. Engaging in information technology services within the service sector, it holds CIN: U52100GJ2010PTC061433. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹5.00 M and a paid-up capital of ₹5.00 M.

It upholds a compliant status. Its leadership includes Harnarayan Maheshwary (Director), Vishal Rasiklal Parekh (Additional Director). Past directors included Shraddha Deepakkumar Maheshwary. It holds ₹10.59 Cr open charges and ₹3.50 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Office-903, Parshwnath Business Park, Prahladnagar, Vejalpur, Ahmadabad City, Gujarat, 380051.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U52100GJ2010PTC061433

  • Registration Number

    061433

  • Incorporation Date

    02 July 2010

  • Authorized Capital

    ₹5.00 M

  • Paid-Up Capital

    ₹5.00 M

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 15 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 10.59 Cr
  • Satisfied Charges ₹ 3.50 Cr
Company report

Magnacore Enterprises Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Magnacore Enterprises Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Magnacore Enterprises Private Limited?
Current Directors
Name Designation Appointment Date Status
Harnarayan Maheshwary Director 02 Jul 2010 Current
Vishal Rasiklal Parekh Additional Director 13 Feb 2025 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 15 Feb 2025 Past

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Financial Performance of Magnacore Enterprises.

Magnacore Enterprises Private Limited, for the financial year ended 2017, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

Magnacore Enterprises revenue growth over time
Magnacore Enterprises profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
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What is the Ownership and Shareholding Structure of Magnacore Enterprises?

In 2017, Magnacore Enterprises had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹105,900,000.00

Satisfied Charges

₹35,000,000.00

Charges Breakdown by Lending Institutions
  • Hdfc Bank Limited : 10.59 Cr
Latest Charge Details
Date Lender Amount Status
06 Sep 2021 Hdfc Bank Limited ₹10.59 Cr Open
12 Nov 2018 Karnataka Bank Ltd. ₹3.50 Cr Satisfied

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How Many Employees Work at Magnacore Enterprises?

Unlock and access historical data on people associated with Magnacore Enterprises, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

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Rating
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Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Magnacore Enterprises
Recent Activity within the Organization
  • Director Appointment

    The activity Vishal Rasiklal Parekh was appointed as a Additional Director was appointed as a Additional Director on 13 Feb 2025 & has been associated with this company since 1 year 8 days . was completed.

  • Annual General Meeting

    Magnacore Enterprises Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Magnacore Enterprises Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was documented.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 105.90 M with Charge ID 100480442 was registered on 06 Sep 2021. was recorded as a recent event.

  • Charges

    A charge registered on 12 Nov 2018 via Charge ID 100222883 with Karnataka Bank Ltd. was fully satisfied on 26 Aug 2021. was recorded as a recent event.

  • Charges

    The activity A charge with Karnataka Bank Ltd. amounted to Rs. 35.00 M with Charge ID 100222883 was registered on 12 Nov 2018. was completed.

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Frequently Asked Questions
What is the CIN of Magnacore Enterprises Private Limited?

The CIN of Magnacore Enterprises Private Limited is U52100GJ2010PTC061433.

Where is Magnacore Enterprises Private Limited headquartered?

Magnacore Enterprises Private Limited is headquartered at Office-903, Parshwnath Business Park, Prahladnagar, Vejalpur, Ahmadabad City, Gujarat, 380051.

When was Magnacore Enterprises Private Limited incorporated?

Magnacore Enterprises Private Limited was incorporated on 02 July 2010.

Who are the current directors of Magnacore Enterprises Private Limited?

The current directors of Magnacore Enterprises Private Limited are

What is the primary industry of Magnacore Enterprises Private Limited?

The primary industry of Magnacore Enterprises Private Limited is Service.

Is Magnacore Enterprises Private Limited a listed company?

Magnacore Enterprises Private Limited is unlisted.

What is the capital structure of Magnacore Enterprises Private Limited?

The authorized capital of Magnacore Enterprises Private Limited is ₹5.00 M, and the paid-up capital is ₹5.00 M.

What is the compliance status of Magnacore Enterprises Private Limited?

The compliance status of Magnacore Enterprises Private Limited is Compliant.

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