Magnes Energy India LLP

Magnes Energy India LLP - automotive in Mumbai, Maharashtra, India. Directors, charges & compliance details.
LLPIN AAH-6525 Incorporated 20 October 2016 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Limited Liability Partnership automotive MSME · Micro
Data last updated
Contribution obligation
₹2.1 Lakh
As per LLP agreement
Open charges
₹40 Lakh
Secured borrowings
LLP age
10 yrs
Est. 2016
Designated partners
2
As per MCA filings
Active GSTINs
1
of 2 registered
Brands
1
Associated brands
Last financials
Mar 2025
Balance sheet date
LLP status
Active
MCA master data

About Magnes Energy India LLP

Data last updated:

Magnes Energy India LLP is a limited liability partnership (LLP) based in Mumbai, Maharashtra, India. It operates in the electrical and bio fuel vehicles segment of the automotive sector. It was incorporated on 20 October 2016 and has been in existence for over 10 years.

The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAH-6525. Its GSTIN is 27ABDFM9154B2ZB (Maharashtra). The LLP holds 2 GST registrations, of which 1 is active.

The LLP has a total obligation of contribution of ₹2.1 Lakh. It is led by designated partners Sunit Yogesh Shah and Nikunj Subhash Shah.

Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at 4/8 Ganjawala Enclave Ganjawala Lane Opp Petrol Pump Borivali West, Mumbai, Maharashtra, India – 400092.

The LLP is associated with 1 brand: Magnes. As per MCA filings, the LLP has open charges of ₹40 Lakh on record.

Magnes Energy India LLP is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0190175).

Company details

LLPIN AAH-6525
Incorporation Date 20 October 2016
Total Obligation of Contribution ₹2.1 Lakh
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 March 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0190175
Key People
Sunit Yogesh Shah Designated Partner Nikunj Subhash Shah Designated Partner

Recognitions & Rankings of Magnes Energy India

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-18-0190175

Contact details

Magnes Energy India LLP's registered office is in Mumbai, Maharashtra.

  • Registered Address
    4/8 Ganjawala Enclave Ganjawala Lane Opp Petrol Pump Borivali West, Mumbai, Maharashtra, India – 400092
  • Industry
    Automotive, Electrical and Bio Fuel Vehicles
Comprehensive company report
Magnes Energy India LLP - 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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Brands

Magnes Energy India operates one associated brand: Magnes. Each brand links to its own profile.

BrandDescriptionWebsite
Magnes
Electric bicycles and vehicles are manufactured in Mumbai, India.magnes.in

Financials of Magnes Energy India LLP

FY 2025 filings available

Financial Statement Summary

Statement of Account and SolvencyFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Income and Expenditure
Turnover
Other Income
Total Income
Purchases and Direct Costs
Personnel Expenses
Administrative Expenses
Interest
Depreciation
Total Expenses
Profit Before Tax
Tax
Profit After Tax
Profit Transferred to Partners
Assets and Liabilities
Partners' Contribution
Reserves and Surplus
Secured Loans
Unsecured Loans
Trade Payables
Other Liabilities and Provisions
Total Liabilities
Fixed Assets
Investments
Loans and Advances
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

Statement of Account and SolvencyFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
Net Profit Margin
Return on Partners' Funds
Return on Assets
Liquidity and Debt
Current Ratio
Debt to Partners' Funds
Interest Coverage
Efficiency and Growth
Asset Turnover
Receivable Days
Turnover Growth
Profit Growth

To see the full financial statements and ratios of Magnes Energy India LLP, buy the company report.

Designated partners of Magnes Energy India LLP

Magnes Energy India has 2 current designated partners and 6 former designated partners. Current designated partners are listed first, with their designation and appointment date.

Current Designated Partners
NameDesignationAppointment DateTenureStatus
Sunit Yogesh Shah
Also directs: Magnes Motors India Private Limited, Mag9 Energies Private Limited
Designated Partner14 Oct 20242 Years 0 MonthsCurrent
Nikunj Subhash Shah
Also directs: Magnes Motors India Private Limited, Mag9 Energies Private Limited
Designated Partner14 Oct 20242 Years 0 MonthsCurrent
View all designated partners

Charges & borrowings

Open charges
₹40 Lakh
Satisfied charges
None
Breakdown by lending institutions
Hdfc Bank Limited₹0.40 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Jan 2025101064104Hdfc Bank Limited₹40 LakhOpen

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Magnes Energy India LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Magnes Energy India has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
27ABDFM9154B2ZBMaharashtraActive15 Mar 2022

To see the full GST registrations and return filing status of Magnes Energy India LLP, buy the company report.

Recent activity

Magnes Energy India LLP has 8 designated partner changes on record since 2022: 4 appointments and 4 cessations. The latest: Vikas Deepchandra Gupta was appointed as Partner on 09 Apr 2025.

Appointed
Vikas Deepchandra Gupta was appointed as Partner.
Ceased
Vikas Deepchandra Gupta ceased to be Designated Partner.
AGM
Magnes Energy India Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Filing
Magnes Energy India Llp has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Mohammad Ahemed Nulwalla ceased to be Designated Partner.
Ceased
Murtuza Ahmedali Nulwala ceased to be Partner.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 40.00 Lakh with Charge ID 101064104 was registered on 29 Jan 2025.
Appointed
Nikunj Subhash Shah was appointed as Designated Partner.
Appointed
Sunit Yogesh Shah was appointed as Designated Partner.
Appointed
Mohammad Ahemed Nulwalla was appointed as Designated Partner.
Ceased
Nikunj Subhash Shah ceased to be Designated Partner.
Incorporation
20 Oct 2016
Magnes Energy India Llp was registered on 20 Oct 2016 with Roc Mumbai & aged 10 years 15 days as per MCA records.

Frequently asked questions

Magnes Energy India is an active limited liability partnership based in Mumbai, Maharashtra, India. The LLP works in electrical and bio fuel vehicles, within the automotive industry. It was incorporated on 20 October 2016 (10+ years old) and is registered under LLPIN AAH-6525.

Magnes Energy India has 2 current designated partners:

The latest financial statements of Magnes Energy India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2017 are in the company report.

The GSTIN of Magnes Energy India is 27ABDFM9154B2ZB, registered in Maharashtra. The LLP has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The LLPIN (Limited Liability Partnership Identification Number) of Magnes Energy India is AAH-6525. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.

Magnes Energy India was incorporated on 20 October 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.

Vikas Deepchandra Gupta was appointed as Partner on 09 Apr 2025. Vikas Deepchandra Gupta ceased to be Designated Partner on 08 Apr 2025. Mohammad Ahemed Nulwalla ceased to be Designated Partner on 12 Feb 2025. Magnes Energy India has 8 designated partner changes on record in total.

Yes, Magnes Energy India is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0190175).

The registered office of Magnes Energy India is at 48 Ganjawala Enclave Ganjawala Lane Opp Petrol Pump Borivali West, Mumbai, Maharashtra, India – 400092.

Magnes Energy India operates in the automotive industry, in the electrical and bio fuel vehicles segment.