Magnafits International Private Limited - Company Profile

It is a metals and minerals private limited company based in Kolkata, West Bengal, India, established in 2017.
2017 Kolkata, West Bengal, India Active
Last Updated:
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About Magnafits International Private Limited

Magnafits International Private Limited, a active private limited company, was established on 08 August 2017 in Kolkata, West Bengal, India. Engaging in metal retail & distribution within the metals and minerals sector, it holds CIN: U51909WB2017PTC222237. Registered under ROC Roc Kolkata. it is unlisted. It has an authorized capital of ₹3.50 Cr and a paid-up capital of ₹3.01 Cr.

It upholds a compliant status. Its leadership includes Harshvardhan Sethi (Director), Ajay Jain (Director). Past directors included Amar Chand Bakliwal, Ajay Jain. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 22, Abanindranath Thakur Sarani Block- A, 3Rd Floor, Kolkata, West Bengal, 700016.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U51909WB2017PTC222237

  • Registration Number

    222237

  • Incorporation Date

    08 August 2017

  • Authorized Capital

    ₹3.50 Cr

  • Paid-Up Capital

    ₹3.01 Cr

  • ROC Code

    Roc Kolkata

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 3.50 Cr
  • Paid Up Capital ₹ 3.01 Cr
  • Company Age 8 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth **** %
  • Profit Growth **** -135.08%
  • Ebitda **** -125.11%
  • Net Worth -34.19%
  • Total Assets -52.48%
Company report

Magnafits International Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Magnafits International 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 Magnafits International Private Limited?
Current Directors
Name Designation Appointment Date Status
Harshvardhan Sethi Director 08 Aug 2017 Current
Ajay Jain Director 05 Nov 2022 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 06 Nov 2022 Past
Pramod Abcsdd Additional Director 29 Sep 2023 Past

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Financial Performance of Magnafits International.

Magnafits International Private Limited, for the financial year ended 2020, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 135.08% decrease in profit. The company's net worth observed a substantial decline by a decrease of 34.19%.

Magnafits International revenue growth over time
Magnafits International 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
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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*******
*******
*******
*******
*******
Revenue from Operations
*******
*******
*******
*******
*******
*******
Total Assets
*******
 -52.48%
*******
*******
*******
*******
Profit or Loss
*******
 -135.08%
*******
*******
*******
*******
Net Worth
*******
 -34.19%
*******
*******
*******
*******
EBITDA
*******
 -125.11%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Magnafits International?

Unlock access to Magnafits International's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

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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How Many Employees Work at Magnafits International?

Unlock and access historical data on people associated with Magnafits International, 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
Graph displaying rating trends over time

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Alerts
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Latest Updates, News, and FAQs on Magnafits International
Recent Activity within the Organization
  • Annual General Meeting

    The activity Magnafits International Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    Magnafits International Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata. was recorded as a recent event.

  • Director Appointment

    The activity Ajay Jain was appointed as a Director was appointed as a Director on 05 Nov 2022 & has been associated with this company since 3 years 3 months . was completed.

  • Director Appointment

    Progress on Harshvardhan Sethi was appointed as a Director was appointed as a Director on 08 Aug 2017 & has been associated with this company since 8 years 6 months . was documented.

  • Company Incorporation

    Magnafits International Private Limited was registered on 08 Aug 2017 with Roc Kolkata & aged 8 years 6 months as per MCA records. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Magnafits International Private Limited?

The CIN of Magnafits International Private Limited is U51909WB2017PTC222237.

Where is Magnafits International Private Limited headquartered?

Magnafits International Private Limited is headquartered at 22, Abanindranath Thakur Sarani Block- A, 3Rd Floor, Kolkata, West Bengal, 700016.

When was Magnafits International Private Limited incorporated?

Magnafits International Private Limited was incorporated on 08 August 2017.

Who are the current directors of Magnafits International Private Limited?

The current directors of Magnafits International Private Limited are

What is the primary industry of Magnafits International Private Limited?

The primary industry of Magnafits International Private Limited is Metals And Minerals.

Is Magnafits International Private Limited a listed company?

Magnafits International Private Limited is unlisted.

What is the capital structure of Magnafits International Private Limited?

The authorized capital of Magnafits International Private Limited is ₹3.50 Cr, and the paid-up capital is ₹3.01 Cr.

What is the compliance status of Magnafits International Private Limited?

The compliance status of Magnafits International Private Limited is Compliant.

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