About Magnet Brains Software Technology Private Limited
Data last updated: 18 February 2026
Magnet Brains Software Technology Private Limited is a private limited company based in Bhopal, Madhya Pradesh, India, recognised as a startup by DPIIT. It specialises in online education and learning platforms, a part of the broader internet and digital services sector. Incorporated on 28 February 2013, the company has been in operation for over 13 years.
Registered with ROC Gwalior under CIN U72200MP2013PTC030164.
Capital: an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Neeraj Agarwal and Pankaj Agarwal.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: E – 3/49 3Rd Floor Kamdar Apartment 10 Number Arera Colony, Bhopal, Madhya Pradesh, India – 462016.
As per the financials filed for FY 2025, the company reported a revenue of ₹25.36 Cr, a decline of 12% compared to the previous year.
The company has a workforce of approximately 41 employees as per the latest available data. Its group structure includes 1 subsidiary.
The company is associated with 1 brand - Magnet Brains.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website magnetbrains.com.
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Registered AddressE – 3/49 3Rd Floor Kamdar Apartment 10 Number Arera Colony, Bhopal, Madhya Pradesh, India – 462016
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IndustryInternet, Online Education & Learning Platforms
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Magnet Brains Software Technology Private Limited
Magnet Brains Software Technology Private Limited operates one associated brand: Magnet Brains. These brands represent Magnet Brains Software Technology Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Offers free online courses and resources for students from kindergarten to exams. | magnetbrains.com |
Competitors & Alternatives of Magnet Brains Software Technology Private Limited
Brands and companies operating in the same space as Magnet Brains Software Technology Private Limited include Abwaab, Cambium Learning, Brilliant and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Abwaab
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School curriculum is tutored online through videos, quizzes, and forums. | Amman, Jordan, Jordan | 2019 |
Cambium Learning
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Educational solutions and services company | Dallas, United States, United States | 2009 |
Brilliant
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Interactive STEM courses are delivered via an online learning platform. | San Francisco, United States, United States | 2012 |
uLesson
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Provider of online learning platform for school students | Lekki, Nigeria, Nigeria | 2019 |
Descomplica
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Online platform for ENEM exam preparation is offered to students. | - | 2011 |
Zenius
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App-based courses for school subjects are delivered via mobile platforms. | Jakarta, Indonesia, Indonesia | 2004 |
Khan Academy
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Free online micro lectures on diverse subjects are offered. | Mountain View, United States, United States | 2008 |
SchoolMouv
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Online courses for high school and college students are provided. | Toulouse, France, France | 2013 |
Baims
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Courses on diverse topics are delivered via an online platform. | Kuwait City, Kuwait, Kuwait | 2018 |
Business Activity of Magnet Brains Software Technology Private Limited
Magnet Brains Software Technology Private Limited is engaged in the principal business activity of information and communication, with detailed activities including publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | Locked |
Business activity turnover details for Magnet Brains Software Technology Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Magnet Brains Software Technology Private Limited
Magnet Brains Software Technology Private Limited is audited by AGRAWAL KANHERE ASSPCIATES for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| AGRAWAL KANHERE ASSPCIATES | Locked | Locked | Locked |
Complete auditor history for Magnet Brains Software Technology Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
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Board of Directors of Magnet Brains Software Technology Private Limited
Magnet Brains Software Technology Private Limited is governed by 2 directors who oversee the company's operations and strategic decisions.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neeraj Agarwal | Whole-Time Director | 28 Feb 2013 | 13 Years 4 Months | Current |
| Pankaj Agarwal | Managing Director | 28 Feb 2013 | 13 Years 4 Months | Current |
Financials of Magnet Brains Software Technology Private Limited FY 2025 filings available
Magnet Brains Software Technology Private Limited reported revenue of ₹25.36 Cr (down 12.00% YoY) for FY 2025.
Ten-year financial statements for Magnet Brains Software Technology Private Limited
Historical statement values and trend charts require an active report plan.
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- Balance sheets
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Ownership and Shareholding of Magnet Brains Software Technology Private Limited
Shareholding and ownership data for Magnet Brains Software Technology Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
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Group Structure of Magnet Brains Software Technology Private Limited
Magnet Brains Software Technology Private Limited has 1 subsidiary company. This group structure data is as of FY 2023. The corporate group structure reflects Magnet Brains Software Technology Private Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Magnet Brains Education Private Limited | U80902MP2020PTC052676 | Locked |
Showing major subsidiaries. Total: 1.
Charges & Borrowings Magnet Brains Software Technology Private Limited
Magnet Brains Software Technology Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Magnet Brains Software Technology Private Limited
Magnet Brains Software Technology Private Limited has a workforce of 41 employees as of Apr 05, 2024.
Employee and EPFO history for Magnet Brains Software Technology Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
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GST Compliance of Magnet Brains Software Technology Private Limited
GST registrations and filing compliance for Magnet Brains Software Technology Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
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Credit Ratings, Litigation & Regulatory Alerts for Magnet Brains Software Technology Private Limited
Credit ratings, litigation, and regulatory alerts for Magnet Brains Software Technology Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Magnet Brains Software Technology Private Limited
MSME payment history for Magnet Brains Software Technology Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
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Subsidiaries & Group Companies of Magnet Brains Software Technology Private Limited
Corporate group structure for Magnet Brains Software Technology Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
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MCA Filings & Documents of Magnet Brains Software Technology Private Limited
MCA filings and documents for Magnet Brains Software Technology Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Magnet Brains Software Technology Private Limited
Frequently Asked Questions about Magnet Brains Software Technology Private Limited
Magnet Brains Software Technology Private Limited is an active private limited company in the internet sector based in Bhopal, Madhya Pradesh, India. It was incorporated on 28 February 2013 (13+ years old) and is registered under CIN U72200MP2013PTC030164. The company has 41 employees.
Magnet Brains Software Technology Private Limited reported revenue of ₹25.36 Cr for FY 2025 (down 12.00% YoY).
The current directors of Magnet Brains Software Technology Private Limited are:
- Neeraj Agarwal - Whole-Time Director
- Pankaj Agarwal - Managing Director
The primary industry of Magnet Brains Software Technology Private Limited is internet. The company specifically operates in online education and learning platforms. The company is currently active in this sector.
Yes, Magnet Brains Software Technology Private Limited is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Magnet Brains Software Technology Private Limited can be reached at the registered office: E – 349 3Rd Floor Kamdar Apartment 10 Number Arera Colony, Bhopal, Madhya Pradesh, India – 462016, or through the website magnetbrains.com.