Magnaquest Technologies Limited Company Logo

Magnaquest Technologies Limited - Company Profile

It is a information technology public limited company based in Shaikpet, Telangana, India, established in 1997.

1997 | Shaikpet, Telangana, India | Active
Last Updated:

About Magnaquest Technologies Limited

Magnaquest Technologies Limited, a active public limited company, was established on 14 October 1997 in Shaikpet, Telangana, India. Engaging in saas (software as a service) providers within the information and communication sector, it holds CIN: U72200TG1997PLC028163. Registered under ROC Roc Hyderabad. it is unlisted. It has an authorized capital of ₹3.00 Cr and a paid-up capital of ₹2.31 Cr.

Formerly known as Zeus Software Private Limited, Magnaquest Technologies Private Limited. It upholds a compliant status. Employing 174 professional, Its leadership includes Vijay Kumar Debbad (Managing Director), Pasupathinath Pala (Director), Savita Shamsunder (Director). Past directors included Rammohan Reddy Bommireddi, Rajiv Debbad, Thirupathi Bollam. It holds ₹26.37 Cr open charges and ₹22.73 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Plot No.1-98/4/1 To 13 28 & 29, 8Th Floor, Office No.806, Jain Sadguru Images Capital Park, Image Garden Road, Shaikpet, Telangana, 500081.

Company Details

  • CIN/LLPIN

    U72200TG1997PLC028163

  • Registration Number

    028163

  • Incorporation Date

    14 October 1997

  • Authorized Capital

    ₹3.00 Cr

  • Paid-Up Capital

    ₹2.31 Cr

  • ROC Code

    Roc Hyderabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.31 Cr
  • Company Age 28 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 26.37 Cr
  • Satisfied Charges ₹ 22.73 Cr
  • Revenue Growth 1.69%
  • Profit Growth 11.24%
  • Ebitda 0.38%
  • Net Worth 5.41%
  • Total Assets -6.41%
Company report

Magnaquest Technologies Limited

Company Report FY 2025-2026

Explore comprehensive insights into Magnaquest Technologies 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 Magnaquest Technologies Limited?

Current Directors

NameDesignationAppointment DateStatus
Vijay Kumar DebbadManaging Director14 Nov 1997Current
Pasupathinath PalaDirector02 May 2014Current
Savita ShamsunderDirector01 Feb 2017Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector29 Jun 2018Past
Pramod AbcsddDirector31 Jul 2017Past
Pramod AbcsddDirector01 May 2013Past
Pramod AbcsddAdditional Director29 Sep 2014Past
Pramod AbcsddDirector25 Mar 2009Past

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Financial Performance of Magnaquest Technologies.

Magnaquest Technologies Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 1.69% increase. The company also saw a substantial improvement in profitability, with a 11.24% increase in profit. The company's net worth moved up by a moderate rise of 5.41%.

Magnaquest Technologies revenue growth over time
Magnaquest Technologies profit and loss trends over time
  • 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
1.69%
Revenue from Operations
0.44%
Total Assets
-6.41%
Profit or Loss
11.24%
Net Worth
5.41%
EBITDA
0.38%

What is the Ownership and Shareholding Structure of Magnaquest Technologies?

In 2023, Magnaquest Technologies had a promoter holding of 42.45% and a public holding of 57.56%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹263,659,925.00

Satisfied Charges

₹227,349,741.00

Charges Breakdown by Lending Institutions

  • Others : 23.68 Cr
  • Reliance Capital Ltd : 2.43 Cr
  • Hdfc Bank Limited : 0.25 Cr

Latest Charge Details

DateLenderAmountStatus
29 Feb 2024Others₹9.98 CrOpen
04 Nov 2023Hdfc Bank Limited₹2.54 MOpen
26 Apr 2023Others₹7.00 CrOpen
26 Apr 2023Others₹6.00 CrOpen
29 Jul 2016Others₹7.00 MOpen

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How Many Employees Work at Magnaquest Technologies?

Magnaquest Technologies has a workforce of 174 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Magnaquest Technologies Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Magnaquest Technologies, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Magnaquest Technologies's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

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.

Latest Updates, News, and FAQs on Magnaquest Technologies

Recent Activity within the Organization

  • Annual General Meeting

    Magnaquest Technologies 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 Magnaquest Technologies Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad. was documented.

  • Charges

    A charge with Others amounted to Rs. 9.98 Cr with Charge ID 100884823 was registered on 29 Feb 2024. was recorded as a recent event.

  • Charges

    Progress on A charge with Hdfc Bank Limited amounted to Rs. 0.25 Cr with Charge ID 100809989 was registered on 04 Nov 2023. was documented.

  • Charges

    A charge registered on 12 Jan 2015 via Charge ID 10549133 with Indusind Bank Ltd. was fully satisfied on 04 Aug 2023. was recorded as a recent event.

  • Charges

    A charge with Others amounted to Rs. 7.00 Cr with Charge ID 100742069 was registered on 26 Apr 2023. was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Magnaquest Technologies Limited?

    The CIN of Magnaquest Technologies Limited is U72200TG1997PLC028163.

  • Where is Magnaquest Technologies Limited headquartered?

    Magnaquest Technologies Limited is headquartered at Plot No.1-98/4/1 To 13 28 & 29, 8Th Floor, Office No.806, Jain Sadguru Images Capital Park, Image Garden Road, Shaikpet, Telangana, 500081.

  • When was Magnaquest Technologies Limited incorporated?

    Magnaquest Technologies Limited was incorporated on 14 October 1997.

  • Who are the current directors of Magnaquest Technologies Limited?

    The current directors of Magnaquest Technologies Limited are

  • What is the primary industry of Magnaquest Technologies Limited?

    The primary industry of Magnaquest Technologies Limited is Information And Communication.

  • Is Magnaquest Technologies Limited a listed company?

    Magnaquest Technologies Limited is unlisted.

  • What is the capital structure of Magnaquest Technologies Limited?

    The authorized capital of Magnaquest Technologies Limited is ₹3.00 Cr, and the paid-up capital is ₹2.31 Cr.

  • What is the compliance status of Magnaquest Technologies Limited?

    The compliance status of Magnaquest Technologies Limited is Compliant.

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