Magneq Services Private Limited

Magneq Services Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U72900KA2019PTC124500 Incorporated 22 May 2019 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company information technology
Data last updated
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
GST registrations
1
None active
Last financials
Mar 2023
Balance sheet date
Last AGM
21 Sep 2023
Annual general meeting
Company status
Active
MCA master data

About Magneq Services Private Limited

Data last updated:

Magneq Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 22 May 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2019PTC124500. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vincent Paul Kola and Vijaya Kumar Gujarlapudi.

Its last annual general meeting (AGM) was held on 21 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at First Floor 494 East End Main Road Jayanagar 9th Block, Bangalore, Karnataka, India – 560069.

Company details

CIN U72900KA2019PTC124500
Registration Number 124500
Incorporation Date 22 May 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 21 September 2023
Date of Balance Sheet 31 March 2023

Contact details

Magneq Services Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    First Floor 494 East End Main Road Jayanagar 9th Block, Bangalore, Karnataka, India – 560069
  • Industry
    Information Technology, IT Consulting & Support Services, Application Development & Software Solutions

To see the full contact details of Magneq Services Private Limited, buy the company report.

Comprehensive company report
Magneq Services 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
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Business activity

The main business activity of Magneq Services is support service to organizations. In detail, this covers placement agencies and hr management services.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
NSupport service to OrganizationsN2Placement agencies and HR management services

Financials of Magneq Services Private Limited

FY 2023 filings available

Financial Statement Summary

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
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Profit Before Tax
Tax Expense
Net Profit (PAT)
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin
Net Profit Margin
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Magneq Services Private Limited, buy the company report.

Board of directors of Magneq Services Private Limited

Magneq Services has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Vincent Paul KolaDirector26 Oct 20224 Years 0 MonthsCurrent
Vijaya Kumar GujarlapudiAdditional Director21 Dec 20232 Years 10 MonthsCurrent

Auditor

Magneq Services Private Limited is audited by VIPUL BANSAL & CO. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
VIPUL BANSAL & CO.FY 2023545514

Shareholding

The shareholding of Magneq Services Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Magneq Services Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Magneq Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Magneq Services has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Magneq Services Private Limited, buy the company report.

Recent activity

Magneq Services Private Limited has 4 board changes on record since 2022: 2 appointments and 2 cessations. The latest: Ameena Sayed ceased to be Director on 22 Dec 2023.

Ceased
Ameena Sayed ceased to be Director.
Ceased
Mohammed Arif Sayed ceased to be Director.
Appointed
Vijaya Kumar Gujarlapudi was appointed as Additional Director.
AGM
Magneq Services Private Limited last Annual general meeting of members was held on 21 Sep 2023 as per latest MCA records.
Filing
Magneq Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Appointed
Vincent Paul Kola was appointed as Director.
Incorporation
22 May 2019
Magneq Services Private Limited was registered on 22 May 2019 with Roc Bangalore & aged 7 years 5 months as per MCA records.

Frequently asked questions

Magneq Services is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 22 May 2019 (7+ years old) and is registered under CIN U72900KA2019PTC124500.

Magneq Services has 2 current directors:

The latest financial statements of Magneq Services on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 21 September 2023. Year-wise statements from FY 2020 are in the company report.

No. Magneq Services has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Magneq Services is U72900KA2019PTC124500. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Magneq Services was incorporated on 22 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.

Ameena Sayed ceased to be Director on 22 Dec 2023. Mohammed Arif Sayed ceased to be Director on 22 Dec 2023. Vijaya Kumar Gujarlapudi was appointed as Additional Director on 21 Dec 2023. Magneq Services has 4 board changes on record in total.

The registered office of Magneq Services is at First Floor 494 East End Main Road Jayanagar 9th Block, Bangalore, Karnataka, India – 560069.

Magneq Services operates in the information technology industry, in the IT consulting and support services segment.

Magneq Services can be reached at its registered office: First Floor 494 East End Main Road Jayanagar 9th Block, Bangalore, Karnataka, India – 560069.