Magneq Services Private Limited - Company Profile

It is a information technology private limited company based in Bangalore, Karnataka, India, established in 2019.
2019 Bangalore, Karnataka, India Active
Last Updated:
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About Magneq Services Private Limited

Magneq Services Private Limited, a active private limited company, was established on 22 May 2019 in Bangalore, Karnataka, India. Engaging in it consulting & support services within the support service to organizations sector, it holds CIN: U72900KA2019PTC124500. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹0.10 M and a paid-up capital of ₹0.10 M.

Its leadership includes Vincent Paul Kola (Director), Vijaya Kumar Gujarlapudi (Additional Director). Past directors included Ameena Sayed, Mohammed Arif Sayed. Its latest AGM occurred on 21 September 2023, with the balance sheet filed on 31 March 2023. It is based at First Floor, 494, East End Main Road Jayanagar ,9Th Block, Bangalore, Karnataka, 560069.

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

    +91-XXXXXXXXXX

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

Company Details

  • CIN/LLPIN

    U72900KA2019PTC124500

  • Registration Number

    124500

  • Incorporation Date

    22 May 2019

  • Authorized Capital

    ₹0.10 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 6 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth **** -100.00%
  • Profit Growth **** 34.96%
  • Ebitda **** 100.00%
  • Net Worth -52.03%
  • Total Assets -59.17%
Company report

Magneq Services Private Limited

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Magneq Services 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 Magneq Services Private Limited?
Current Directors
Name Designation Appointment Date Status
Vincent Paul Kola Director 26 Oct 2022 Current
Vijaya Kumar Gujarlapudi Additional Director 21 Dec 2023 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 22 Dec 2023 Past
Pramod Abcsdd Director 22 Dec 2023 Past

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Financial Performance of Magneq Services.

Magneq Services Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 100% decrease. The company also saw a substantial improvement in profitability, with a 34.96% increase in profit. The company's net worth observed a substantial decline by a decrease of 52.03%.

Magneq Services revenue growth over time
Magneq Services 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
********
 -100.00%
*******
*******
*******
*******
Revenue from Operations
*******
*******
*******
*******
*******
*******
Total Assets
*******
 -59.17%
*******
*******
*******
*******
Profit or Loss
*******
 34.96%
*******
*******
*******
*******
Net Worth
*******
 -52.03%
*******
*******
*******
*******
EBITDA
*******
 100.00%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Magneq Services?

Unlock access to Magneq Services'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 Magneq Services?

Unlock and access historical data on people associated with Magneq Services, 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

Gain comprehensive insights into the Deals and Valuation data of Magneq Services, 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 Magneq Services's trajectory.

Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

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Latest Updates, News, and FAQs on Magneq Services
Recent Activity within the Organization
  • Director Appointment

    Progress on Vijaya Kumar Gujarlapudi was appointed as a Additional Director was appointed as a Additional Director on 21 Dec 2023 & has been associated with this company since 2 years 5 months . was documented.

  • Annual General Meeting

    Progress on Magneq Services Private Limited last Annual general meeting of members was held on 21 Sep 2023 as per latest MCA records. was documented.

  • Balance Sheet

    Magneq Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore. was recorded as a recent event.

  • Director Appointment

    Progress on Vincent Paul Kola was appointed as a Director was appointed as a Director on 26 Oct 2022 & has been associated with this company since 3 years 6 months . was documented.

  • Company Incorporation

    Progress on Magneq Services Private Limited was registered on 22 May 2019 with Roc Bangalore & aged 6 years 11 months as per MCA records. was documented.

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Frequently Asked Questions
What is the CIN of Magneq Services Private Limited?

The CIN of Magneq Services Private Limited is U72900KA2019PTC124500.

Where is Magneq Services Private Limited headquartered?

Magneq Services Private Limited is headquartered at First Floor, 494, East End Main Road Jayanagar ,9Th Block, Bangalore, Karnataka, 560069.

When was Magneq Services Private Limited incorporated?

Magneq Services Private Limited was incorporated on 22 May 2019.

Who are the current directors of Magneq Services Private Limited?

The current directors of Magneq Services Private Limited are

What is the primary industry of Magneq Services Private Limited?

The primary industry of Magneq Services Private Limited is Support Service To Organizations.

Is Magneq Services Private Limited a listed company?

Magneq Services Private Limited is unlisted.

What is the capital structure of Magneq Services Private Limited?

The authorized capital of Magneq Services Private Limited is ₹0.10 M, and the paid-up capital is ₹0.10 M.

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