About Magnaquest Technologies Limited
Data last updated: 20 December 2025
Magnaquest Technologies Limited is a public limited company based in Shaikpet, Telangana, India. It specialises in saas (software as a service) providers, a part of the broader technology and IT services sector. Incorporated on 14 October 1997, the company has been in operation for over 29 years.
Registered with ROC Hyderabad under CIN U72200TG1997PLC028163.
Capital: an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.31 Cr. Formerly known as Zeus Software Private Limited and Magnaquest Technologies Private Limited. It is led by directors including Vijay Kumar Debbad and Pasupathinath Pala.
Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: Jain Sadguru Images Capital Park, Shaikpet, Telangana.
As per the financials filed for FY 2024, the company reported a revenue of ₹30.87 Cr, a growth of 3% compared to the previous year.
The company has a workforce of approximately 174 employees as per the latest available data. Its group structure includes 1 subsidiary.
The company is associated with 1 brand - Magnaquest. As per MCA filings, the company has open charges of ₹26.37 Cr and satisfied charges of ₹22.73 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website magnaquest.com.
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Registered AddressPlot No.1 – 98/4/1 To 13 28 & 29 8Th Floor Office No.806, Jain Sadguru Images Capital Park Image Garden Road, Shaikpet, Telangana, India – 500081
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IndustryInformation Technology, SaaS (Software as a Service) Providers
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
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Name History of Magnaquest Technologies Limited
Magnaquest Technologies Limited has undergone 2 name changes throughout its history. The company was previously known as Zeus Software Private Limited, and Magnaquest Technologies Private Limited. The current legal name is Magnaquest Technologies Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Magnaquest Technologies Limited | Current |
| Zeus Software Private Limited | Previous |
| Magnaquest Technologies Private Limited | Previous |
CIN History of Magnaquest Technologies Limited
Magnaquest Technologies Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U72200TG1997PLC028163, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG1997PLC028163 | Current |
| U72200AP1997PTC028163 | Previous |
| U72200AP1997PLC028163 | Previous |
Associated Brands with Magnaquest Technologies Limited
Magnaquest Technologies Limited operates one associated brand: Magnaquest. These brands represent Magnaquest Technologies Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Subscription billing management platform is provided for automating revenue processes. | magnaquest.com |
Competitors & Alternatives of Magnaquest Technologies Limited
Brands and companies operating in the same space as Magnaquest Technologies Limited include HubSpot, Salesforce, Freshworks and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
HubSpot
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Provider of AI-powered customer relationship management software | Cambridge, United States, United States | 2005 |
Salesforce
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Cloud-based CRM and collaboration solutions are provided for enterprises. | San Francisco, United States, United States | 1999 |
Freshworks
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Cloud-based business process management suite solutions are delivered. | San Mateo, United States, United States | 2010 |
SugarCRM
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AI-based open-source CRM software is offered for customer lifecycle collaboration. | Cupertino, United States, United States | 2004 |
Recurly
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Subscription billing automation is provided for business operations. | San Francisco, United States, United States | 2009 |
Zuora
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Cloud-based invoice and subscription management solutions for businesses | Redwood City, United States, United States | 2007 |
Chargebee
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Cloud-based solutions for billing, subscriptions, and revenue management are provided. | Bethesda, United States, United States | 2011 |
Pipedrive
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CRM platform with visual sales pipeline is provided for businesses. | Tallinn, Estonia, Estonia | 2010 |
Business Activity of Magnaquest Technologies Limited
Magnaquest Technologies Limited is engaged in the principal business activity of information and communication, with detailed activities including computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details for Magnaquest Technologies Limited
Turnover contribution percentages and historical activity changes require an active report plan.
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Auditor Details of Magnaquest Technologies Limited
Magnaquest Technologies Limited is audited by KUMAR & REDDY Chartered Accountants for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KUMAR & REDDY Chartered Accountants | Locked | Locked | Locked |
Complete auditor history for Magnaquest Technologies Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
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- Appointment dates
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Board of Directors of Magnaquest Technologies Limited
Magnaquest Technologies Limited is currently managed by 3 directors, with 5 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Vijay Kumar Debbad
Also directs:
Magnaquest Technologies Limited, Optculture Private Limited
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Managing Director | 14 Nov 1997 | 28 Years 8 Months | Current |
| Pasupathinath Pala | Director | 02 May 2014 | 12 Years 2 Months | Current |
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Savita Shamsunder
Also directs:
Magnaquest Technologies Limited, Optculture Private Limited
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Director | 01 Feb 2017 | 9 Years 5 Months | Current |
Financials of Magnaquest Technologies Limited FY 2024 filings available
Magnaquest Technologies Limited reported revenue of ₹30.87 Cr (up 3.00% YoY) for FY 2024.
Ten-year financial statements for Magnaquest Technologies Limited
Historical statement values and trend charts require an active report plan.
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Ownership and Shareholding of Magnaquest Technologies Limited
Shareholding and ownership data for Magnaquest Technologies Limited
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Group Structure of Magnaquest Technologies Limited
Magnaquest Technologies Limited has 1 subsidiary company. This group structure data is as of FY 2023. The corporate group structure reflects Magnaquest Technologies Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Optculture Private Limited | U72900TG2016PTC112013 | Locked |
Showing major subsidiaries. Total: 1.
Charges & Borrowings of Magnaquest Technologies Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Feb 2024 | Others | ₹9.98 Cr | Open |
| 04 Nov 2023 | Hdfc Bank Limited | ₹25.43 Lakh | Open |
| 26 Apr 2023 | Others | ₹7 Cr | Open |
| 26 Apr 2023 | Others | ₹6 Cr | Open |
| 29 Jul 2016 | Others | ₹70 Lakh | Open |
Total charge records: 17 View all charges
Employees and EPFO Compliance at Magnaquest Technologies Limited
Magnaquest Technologies Limited has a workforce of 174 employees as of Apr 05, 2024.
Employee and EPFO history for Magnaquest Technologies Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
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GST Compliance of Magnaquest Technologies Limited
GST registrations and filing compliance for Magnaquest Technologies Limited
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Credit Ratings, Litigation & Regulatory Alerts for Magnaquest Technologies Limited
Credit ratings, litigation, and regulatory alerts for Magnaquest Technologies Limited
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MSME Payment Delays by Magnaquest Technologies Limited
MSME payment history for Magnaquest Technologies Limited
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Subsidiaries & Group Companies of Magnaquest Technologies Limited
Corporate group structure for Magnaquest Technologies Limited
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MCA Filings & Documents of Magnaquest Technologies Limited
MCA filings and documents for Magnaquest Technologies Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
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- Complete filing index
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Recent Activity on Magnaquest Technologies Limited
Frequently Asked Questions about Magnaquest Technologies Limited
Magnaquest Technologies Limited is an active public limited company in the information technology sector based in Shaikpet, Telangana, India. It was incorporated on 14 October 1997 (29+ years old) and is registered under CIN U72200TG1997PLC028163. The company has 174 employees.
Magnaquest Technologies Limited reported revenue of ₹30.87 Cr for FY 2024 (up 3.00% YoY).
The current directors of Magnaquest Technologies Limited are:
- Vijay Kumar Debbad - Managing Director
- Pasupathinath Pala - Director
- Savita Shamsunder - Director
The primary industry of Magnaquest Technologies Limited is information technology. The company specifically operates in saas (software as a service) providers. The company is currently active in this sector.
Magnaquest Technologies Limited can be reached at the registered office: Plot No.1 – 9841 To 13 28 & 29 8Th Floor Office No.806, Jain Sadguru Images Capital Park Image Garden Road, Shaikpet, Telangana, India – 500081, or through the website magnaquest.com.
The authorised capital is ₹3 Cr, and the paid-up capital is ₹2.31 Cr.