MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-UP-28-0065145
Magnas Technologies India Private Limited
Magnas Technologies India Private Limited - information technology in Noida, Uttar Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹10.27 Cr
▼ 35% YoY
Net loss · FY 2024
₹50.39 Lakh
Net margin -4.9%
EBITDA · FY 2024
-₹47.87 Lakh
EBITDA margin -4.7%
Authorised capital
₹32.5 Lakh
Registered with MCA
Paid-up capital
₹13 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Magnas Technologies India Private Limited
Data last updated:
Magnas Technologies India Private Limited is a foreign private limited company based in Noida, Uttar Pradesh, India, a subsidiary of Hango Technology Company Limited. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 14 September 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U32109UP2017FTC096942. Its GSTIN is 09AALCM3295K1ZT (Uttar Pradesh).
The company has an authorised share capital of ₹32.5 Lakh and a paid-up capital of ₹13 Lakh. It is led by directors including Fu Shikang and Zhang Fan.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Flat No. 002 Tower B2 Amrapali Leisure Park, Greater Noida, Uttar Pradesh, India – 201318.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.27 Cr, a decline of 35% compared to the previous year. For the same year it recorded a net loss of ₹50.39 Lakh (net margin -4.9%) and EBITDA of -₹47.87 Lakh (EBITDA margin -4.7%). Revenue has grown at a compounded annual rate (CAGR) of 111% over three years.
Magnas Technologies India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-28-0065145). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U32109UP2017FTC096942
Registration Number 096942
Incorporation Date 14 September 2017
ROC Uttar Pradesh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Hango Technology Company Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-UP-28-0065145
Recognitions & Rankings of Magnas Technologies India
Contact details
Magnas Technologies India Private Limited's registered office is in Noida, Uttar Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No. 002 Tower B2 Amrapali Leisure Park, Greater Noida, Uttar Pradesh, India – 201318
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Magnas Technologies India Private Limited, buy the company report.
Comprehensive company report
Magnas Technologies India Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Magnas Technologies India is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Magnas Technologies India Private Limited, buy the company report.
Financials of Magnas Technologies India Private Limited
FY 2025 filings availableMagnas Technologies India Private Limited reported revenue of ₹10.27 Cr (down 35% YoY) for FY 2024.
Revenue · FY 2024
₹10.27 Cr ▼ 35%
Net loss · FY 2024
₹50.39 Lakh margin -4.9%
EBITDA · FY 2024
-₹47.87 Lakh margin -4.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 35%
3 years · compounded
▲ 111%
EBITDA CAGR growth
1 year
▼ 57%
3 years · compounded
▼ 55%
5 years · compounded
▼ 134%
Revenue fell 35% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 111%. EBITDA fell 57% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹47.87 Lakh | ||||
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| Net Profit (PAT) | -₹50.39 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -4.7% | ||||
| Net Profit Margin | -4.9% | ||||
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To see the full financial statements and ratios of Magnas Technologies India Private Limited, buy the company report.
Board of directors of Magnas Technologies India Private Limited
Magnas Technologies India has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Fu Shikang | Director | 14 Sep 2017 | 9 Years 1 Months | Current |
| Zhang Fan | Director | 14 Sep 2017 | 9 Years 1 Months | Current |
| Abhilasha Dwivedi | Director | 14 Sep 2017 | 9 Years 1 Months | Current |
Auditor
Magnas Technologies India Private Limited is audited by KUMAR GANDHI AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KUMAR GANDHI AND ASSOCIATES | FY 2023 | 031400N |
Shareholding
The shareholding of Magnas Technologies India Private Limited 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 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Magnas Technologies India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Magnas Technologies India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Magnas Technologies India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Magnas Technologies India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AALCM3295K1ZT | Uttar Pradesh | Active | 08 Jan 2018 |
To see the full GST registrations and return filing status of Magnas Technologies India Private Limited, buy the company report.
Recent activity
Magnas Technologies India Private Limited has 3 board changes on record since 2017: 3 appointments. The latest: Abhilasha Dwivedi was appointed as Director on 14 Sep 2017.
AGM
Magnas Technologies India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Magnas Technologies India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Uttar Pradesh Ii.
Appointed
Abhilasha Dwivedi was appointed as Director.
Appointed
Fu Shikang was appointed as Director.
Appointed
Zhang Fan was appointed as Director.
Incorporation
14 Sep 2017
Magnas Technologies India Private Limited was registered on 14 Sep 2017 with Roc Uttar Pradesh Ii & aged 9 years 1 month as per MCA records.
Frequently asked questions
Magnas Technologies India is an active foreign private limited company based in Noida, Uttar Pradesh, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 14 September 2017 (9+ years old) and is registered under CIN U32109UP2017FTC096942.
Magnas Technologies India has 3 current directors:
- Fu Shikang - Director
- Zhang Fan - Director
- Abhilasha Dwivedi - Director
The latest financial statements of Magnas Technologies India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Magnas Technologies India is 09AALCM3295K1ZT, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Magnas Technologies India is U32109UP2017FTC096942. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magnas Technologies India was incorporated on 14 September 2017, making it 9+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
Abhilasha Dwivedi was appointed as Director on 14 Sep 2017. Fu Shikang was appointed as Director on 14 Sep 2017. Zhang Fan was appointed as Director on 14 Sep 2017.
Yes, Magnas Technologies India is registered as a small enterprise under Udyam registration (number: UDYAM-UP-28-0065145).
The registered office of Magnas Technologies India is at Flat No. 002 Tower B2 Amrapali Leisure Park, Greater Noida, Uttar Pradesh, India – 201318.
Magnas Technologies India operates in the information technology industry, in the electronic components and equipment manufacturing segment.