
About Magneq Systems Private Limited
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Magneq Systems Private Limited is a private limited company based in New Delhi, Delhi, India, recognised as a startup by DPIIT. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 04 January 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2019PTC343850. Its GSTIN is 07AAMCM3378G1Z5 (Delhi). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Brahm Prakash Yadav and Vipin Rawat.
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 L.I.G Flat No – 27 F/ Floor Pkt – 10 Type – A, Nasir Pur Dwarka Near Sabzi Mandi New Delhi – 110045, Delhi, India – 110045.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.42 Cr, a decline of 51% compared to the previous year. For the same year it recorded a net profit of ₹8.05 Lakh (net margin 0.9%) and EBITDA of ₹20.04 Lakh (EBITDA margin 2.1%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 55% over five years.
The company is associated with 1 brand: Magneqsystems. As per MCA filings, the company has open charges of ₹1.5 Cr on record.
Magneq Systems Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-08-0004629). For more details, the company can be reached via its website magneqsystems.in.
Company details
Recognitions & Rankings of Magneq Systems
- Category
- Small (2024-25)
- Udyam number
- UDYAM-DL-08-0004629
Contact details
Magneq Systems Private Limited's registered office is in New Delhi, Delhi. Its website is magneqsystems.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressL.I.G Flat No – 27 F/ Floor Pkt – 10 Type – A, Nasir Pur Dwarka Near Sabzi Mandi New Delhi – 110045, Delhi, India – 110045
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of Magneq Systems Private Limited, buy the company report.
- 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
Brands
Magneq Systems operates one associated brand: Magneqsystems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| magneqsystems.in |
Business activity
The main business activity of Magneq Systems is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Magneq Systems Private Limited, buy the company report.
Financials of Magneq Systems Private Limited
FY 2025 filings availableMagneq Systems Private Limited reported revenue of ₹9.42 Cr (down 51% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 51% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 55%. EBITDA fell 1% 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 | ₹20.04 Lakh | ||||
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| Net Profit (PAT) | ₹8.05 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 | 2.1% | ||||
| Net Profit Margin | 0.9% | ||||
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To see the full financial statements and ratios of Magneq Systems Private Limited, buy the company report.
Board of directors of Magneq Systems Private Limited
Magneq Systems has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Brahm Prakash Yadav | Director | 25 Apr 2020 | 6 Years 6 Months | Current |
| Vipin Rawat | Director | 13 Jun 2022 | 4 Years 4 Months | Current |
Auditor
Magneq Systems Private Limited is audited by GRK & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GRK & CO. | FY 2023 | 017874N |
Shareholding
The shareholding of Magneq Systems 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 Magneq Systems Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Sep 2022 | 100642193 | Others | ₹1.5 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Magneq Systems 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 Magneq Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Magneq Systems has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAMCM3378G1Z5 | Delhi | Active | 20 Feb 2019 |
To see the full GST registrations and return filing status of Magneq Systems Private Limited, buy the company report.
Recent activity
Magneq Systems Private Limited has 8 board changes on record since 2019: 2 appointments and 6 cessations. The latest: Vipin Rawat ceased to be Additional Director on 30 Sep 2022.
Frequently asked questions
Magneq Systems is an active private limited company based in New Delhi, Delhi, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 04 January 2019 (7+ years old) and is registered under CIN U74999DL2019PTC343850.
Magneq Systems has 2 current directors:
- Brahm Prakash Yadav - Director
- Vipin Rawat - Director
The latest financial statements of Magneq Systems 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 2019 are in the company report.
The GSTIN of Magneq Systems is 07AAMCM3378G1Z5, registered in Delhi. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Magneq Systems is U74999DL2019PTC343850. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magneq Systems was incorporated on 04 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Delhi.
Vipin Rawat ceased to be Additional Director on 30 Sep 2022. Vipin Rawat was appointed as Director on 13 Jun 2022. Brahm Prakash Yadav ceased to be Additional Director on 20 Nov 2020. Magneq Systems has 8 board changes on record in total.
Yes, Magneq Systems is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Magneq Systems is registered as a small enterprise under Udyam registration (number: UDYAM-DL-08-0004629).
Magneq Systems can be reached through the website magneqsystems.in. Its registered office is in New Delhi, Delhi, India.

