Magnet Advisory Services Private Limited Company Logo

Magnet Advisory Services Private Limited - Company Profile

It is a financial services private limited company based in Bengaluru, Karnataka, India, established in 2014.

2014 | Bengaluru, Karnataka, India | Active
Last Updated:

About Magnet Advisory Services Private Limited

Magnet Advisory Services Private Limited, a active private limited company, was established on 18 February 2014 in Bengaluru, Karnataka, India. Engaging in diversified financial services within the professional, scientific and technical sector, it holds CIN: U74140KA2014PTC073683. 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.

It upholds a compliant status. Its leadership includes Ankita Bafna (Whole-Time Director), Abhishek Jain (Director). Past directors included Nilesh Kumar Bafna, Alpa Jain Bafna, Swapna Suresh Chekkera. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Wc-3,3Rd Floor,No 79/5,Sri Lakshmi Venkateshwara Complex, Vani Vilas Road, Basavanagudi,, Bengaluru, Karnataka, 560004.

Company Details

  • CIN/LLPIN

    U74140KA2014PTC073683

  • Registration Number

    073683

  • Incorporation Date

    18 February 2014

  • Authorized Capital

    ₹0.10 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 11 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 31.43%
  • Profit Growth -27.12%
  • Ebitda -25.26%
  • Net Worth 5.19%
  • Total Assets 9.23%
Company report

Magnet Advisory Services Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Magnet Advisory 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 Magnet Advisory Services Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Ankita BafnaWhole-Time Director29 Mar 2015Current
Abhishek JainDirector28 Mar 2023Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddWhole-Time Director29 Mar 2023Past
Pramod AbcsddManaging Director29 Mar 2023Past
Pramod AbcsddDirector21 Oct 2018Past
Pramod AbcsddDirector29 Mar 2015Past
Pramod AbcsddAdditional Director30 Sep 2015Past
Pramod AbcsddDirector29 Mar 2015Past

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Financial Performance of Magnet Advisory Services.

Magnet Advisory Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 31.43% increase. The company also saw a substantial fall in profitability, with a 27.12% decrease in profit. The company's net worth moved up by a moderate rise of 5.19%.

Magnet Advisory Services revenue growth over time
Magnet Advisory Services profit and loss trends over time
  • 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
31.43%
Revenue from Operations
31.52%
Total Assets
9.23%
Profit or Loss
-27.12%
Net Worth
5.19%
EBITDA
-25.26%

What is the Ownership and Shareholding Structure of Magnet Advisory Services?

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Shareholding Indicator graph

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Charges (Loans)

There are no open charges registered against the company as per our records.

How Many Employees Work at Magnet Advisory Services?

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Employee growth trends for Magnet Advisory Services Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Magnet Advisory 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 Magnet Advisory 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 Magnet Advisory Services

Recent Activity within the Organization

  • Annual General Meeting

    Progress on Magnet Advisory Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on Magnet Advisory Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was documented.

  • Director Appointment

    Progress on Abhishek Jain was appointed as a Director was appointed as a Director on 28 Mar 2023 & has been associated with this company since 2 years 8 months . was documented.

  • Director Appointment

    Progress on Ankita Bafna was appointed as a Whole-time director was appointed as a Whole-time director on 29 Mar 2015 & has been associated with this company since 10 years 8 months . was documented.

  • Company Incorporation

    The activity Magnet Advisory Services Private Limited was registered on 18 Feb 2014 with Roc Bangalore & aged 11 years 9 months as per MCA records. was completed.

Frequently Asked Questions

  • What is the CIN of Magnet Advisory Services Private Limited?

    The CIN of Magnet Advisory Services Private Limited is U74140KA2014PTC073683.

  • Where is Magnet Advisory Services Private Limited headquartered?

    Magnet Advisory Services Private Limited is headquartered at Wc-3,3Rd Floor,No 79/5,Sri Lakshmi Venkateshwara Complex, Vani Vilas Road, Basavanagudi,, Bengaluru, Karnataka, 560004.

  • When was Magnet Advisory Services Private Limited incorporated?

    Magnet Advisory Services Private Limited was incorporated on 18 February 2014.

  • Who are the current directors of Magnet Advisory Services Private Limited?

    The current directors of Magnet Advisory Services Private Limited are

  • What is the primary industry of Magnet Advisory Services Private Limited?

    The primary industry of Magnet Advisory Services Private Limited is Professional, Scientific And Technical.

  • Is Magnet Advisory Services Private Limited a listed company?

    Magnet Advisory Services Private Limited is unlisted.

  • What is the capital structure of Magnet Advisory Services Private Limited?

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

  • What is the compliance status of Magnet Advisory Services Private Limited?

    The compliance status of Magnet Advisory Services Private Limited is Compliant.

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