MSME (Udyam registered) Ministry of MSME
- Category
- Small (2020-21)
- Udyam number
- UDYAM-TN-02-0019527
Magnessa Enterprises Private Limited - e-commerce in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹30.45 Cr
▲ 19% YoY
Net profit · FY 2023
₹8.37 Lakh
Net margin 0.3%
EBITDA · FY 2023
₹1.11 Cr
EBITDA margin 3.6%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹25 Lakh
Issued & subscribed
Open charges
₹2.48 Cr
Secured borrowings
Company age
12 yrs
Est. 2014
Directors on board
3
As per MCA filings
About Magnessa Enterprises Private Limited
Data last updated:
Magnessa Enterprises Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 14 March 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74999TN2014PTC095457. Its GSTIN is 33AAJCM1382R1ZY (Tamil Nadu). The company holds 19 GST registrations, of which 11 are active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Kunhi Moidoo Firose Khan (Whole-Time Director) and Puthanveettil Kunjananthan Sreejith.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Arifa Garden No 30 Sunrise Avenue Kapaleshwarar Nagar Neelangarai, Chennai, Tamil Nadu, India – 600115.
As per the financials filed for FY 2023, the company reported a revenue of ₹30.45 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹8.37 Lakh (net margin 0.3%) and EBITDA of ₹1.11 Cr (EBITDA margin 3.6%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 5% over five years.
As per MCA filings, the company has open charges of ₹2.48 Cr on record.
Magnessa Enterprises Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0019527). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website magnessa.com.
Company details
CIN U74999TN2014PTC095457
Registration Number 095457
Incorporation Date 14 March 2014
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-02-0019527
Key People
Kunhi Moidoo Firose Khan Whole-Time Director Puthanveettil Kunjananthan Sreejith Director Mahalingam Karthikeyan Director Recognitions & Rankings of Magnessa Enterprises
Contact details
Magnessa Enterprises Private Limited's registered office is in Chennai, Tamil Nadu. Its website is magnessa.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressArifa Garden No 30 Sunrise Avenue Kapaleshwarar Nagar Neelangarai, Chennai, Tamil Nadu, India – 600115
- IndustryE-Commerce, General E-Commerce Platforms
To see the full contact details of Magnessa Enterprises Private Limited, buy the company report.
Comprehensive company report
Magnessa Enterprises 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 Magnessa Enterprises 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 Magnessa Enterprises Private Limited, buy the company report.
Financials of Magnessa Enterprises Private Limited
FY 2023 filings availableMagnessa Enterprises Private Limited reported revenue of ₹30.45 Cr (up 19% YoY) for FY 2023.
Revenue · FY 2023
₹30.45 Cr ▲ 19%
Net profit · FY 2023
₹8.37 Lakh margin 0.3%
EBITDA · FY 2023
₹1.11 Cr margin 3.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 19%
3 years · compounded
▲ 5%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▲ 41%
3 years · compounded
▲ 3%
5 years · compounded
▼ 4%
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 19% growth in the latest year. EBITDA rose 41% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹30.45 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.11 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.37 Lakh | ||||
| 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.6% | ||||
| Net Profit Margin | 0.3% | ||||
| 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 Magnessa Enterprises Private Limited, buy the company report.
Board of directors of Magnessa Enterprises Private Limited
Magnessa Enterprises has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kunhi Moidoo Firose Khan Also directs: Futureverse Global Private Limited | Whole-Time Director | 14 Mar 2014 | 12 Years 7 Months | Current |
| Puthanveettil Kunjananthan Sreejith Also directs: Futureverse Global Private Limited | Director | 14 Mar 2014 | 12 Years 7 Months | Current |
| Mahalingam Karthikeyan Also directs: Futureverse Global Private Limited | Director | 14 Apr 2014 | 12 Years 6 Months | Current |
Auditor
Magnessa Enterprises Private Limited is audited by CHOCKALINGAM S V for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHOCKALINGAM S V | FY 2023 | 210062 |
Shareholding
The shareholding of Magnessa Enterprises 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 Magnessa Enterprises Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.48 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Feb 2021 | 100431752 | Axis Bank Limited | ₹22.95 Lakh | Open | |
| 09 Aug 2014 | 10521904 | Others | ₹2.25 Cr | Open |
To see the full charge records of Magnessa Enterprises Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Magnessa Enterprises 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 Magnessa Enterprises Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Magnessa Enterprises has 19 GST registrations: 11 active and 8 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
19
Active
11
Cancelled / inactive
8
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAJCM1382R1ZY | Tamil Nadu | Active | 01 Jul 2017 |
| 18AAJCM1382R1ZQ | Assam | Active | 01 Jul 2017 |
| 17AAJCM1382R2ZR | Meghalaya | Active | 26 Apr 2018 |
| 32AAJCM1382R2ZZ | Kerala | Active | 01 May 2018 |
To see the full GST registrations and return filing status of Magnessa Enterprises Private Limited, buy the company report.
Recent activity
Magnessa Enterprises Private Limited has 7 board changes on record since 2014: 3 appointments and 4 cessations. The latest: Sathyanarayana Anand Muruga Utharkar ceased to be Director on 10 Jan 2019.
AGM
Magnessa Enterprises Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Magnessa Enterprises Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
Charges
A charge with Axis Bank Limited amounted to Rs. 22.95 Lakh with Charge ID 100431752 was registered on 16 Feb 2021.
Charges
A charge with Others of Rs. 225.00 Lakh registered on 09 Aug 2014 with Charge ID 10521904 was modified on 31 Mar 2020.
Ceased
Sathyanarayana Anand Muruga Utharkar ceased to be Director.
Ceased
Mahalingam Karthikeyan ceased to be Additional Director.
Ceased
Vejey Ananth Ramaiah ceased to be Additional Director.
Ceased
Kunhi Moidoo Firose Khan ceased to be Director.
Charges
A charge with Others amounted to Rs. 225.00 Lakh with Charge ID 10521904 was registered on 09 Aug 2014.
Appointed
Mahalingam Karthikeyan was appointed as Director.
Appointed
Kunhi Moidoo Firose Khan was appointed as Whole-Time Director.
Appointed
Puthanveettil Kunjananthan Sreejith was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Magnessa Enterprises is an active private limited company based in Chennai, Tamil Nadu, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 14 March 2014 (12+ years old) and is registered under CIN U74999TN2014PTC095457.
Magnessa Enterprises has 3 current directors:
- Kunhi Moidoo Firose Khan - Whole-Time Director
- Puthanveettil Kunjananthan Sreejith - Director
- Mahalingam Karthikeyan - Director
The latest financial statements of Magnessa Enterprises on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Magnessa Enterprises is 33AAJCM1382R1ZY, registered in Tamil Nadu. The company has 19 GST registrations in all, of which 11 are active and 8 are cancelled or inactive. Other active GSTINs include 18AAJCM1382R1ZQ (Assam), 17AAJCM1382R2ZR (Meghalaya), 32AAJCM1382R2ZZ (Kerala).
The CIN (Corporate Identification Number) of Magnessa Enterprises is U74999TN2014PTC095457. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magnessa Enterprises was incorporated on 14 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Chennai.
Sathyanarayana Anand Muruga Utharkar ceased to be Director on 10 Jan 2019. Mahalingam Karthikeyan ceased to be Additional Director on 18 Aug 2018. Vejey Ananth Ramaiah ceased to be Additional Director on 18 Aug 2018. Magnessa Enterprises has 7 board changes on record in total.
Yes, Magnessa Enterprises is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0019527).
Magnessa Enterprises can be reached through the website magnessa.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Magnessa Enterprises is at Arifa Garden No 30 Sunrise Avenue Kapaleshwarar Nagar Neelangarai, Chennai, Tamil Nadu, India – 600115.
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