- Udyam number
- UDYAM-MP-10-0001196

About Magnet Brains Software Technology Private Limited
Data last updated:
Magnet Brains Software Technology Private Limited is a private limited company based in Bhopal, Madhya Pradesh, India. It operates in the online education and learning platforms segment of the internet and digital services sector. It was incorporated on 28 February 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U72200MP2013PTC030164. Its GSTIN is 23AAICM4869N1ZU (Madhya Pradesh).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Pankaj Agarwal (Managing Director) and Neeraj Agarwal (Whole-Time Director).
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 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. For the same year it recorded a net profit of ₹12.83 Cr (net margin 50.6%) and EBITDA of ₹17.65 Cr (EBITDA margin 69.6%). Revenue has grown at a compounded annual rate (CAGR) of 52% over three years and 39% over five years.
The company has about 41 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Magnet Brains.
Magnet Brains Software Technology Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MP-10-0001196). 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.
Company details
Recognitions & Rankings of Magnet Brains Software Technology
Contact details
Magnet Brains Software Technology Private Limited's registered office is in Bhopal, Madhya Pradesh. Its website is magnetbrains.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressE – 3/49 3rd Floor Kamdar Apartment 10 Number Arera Colony, Bhopal, Madhya Pradesh, India – 462016
- IndustryInternet, Online Education & Learning Platforms
To see the full contact details of Magnet Brains Software Technology 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
Magnet Brains Software Technology operates one associated brand: Magnet Brains. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers free online courses and resources for students from kindergarten to exams. | magnetbrains.com |
Business activity
The main business activity of Magnet Brains Software Technology is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Magnet Brains Software Technology Private Limited, buy the company report.
Financials of Magnet Brains Software Technology Private Limited
FY 2025 filings availableMagnet Brains Software Technology Private Limited reported revenue of ₹25.36 Cr (down 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 12% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 39%. EBITDA fell 22% 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
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| EBITDA | ₹17.65 Cr | ||||
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| Net Profit (PAT) | ₹12.83 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 69.6% | ||||
| Net Profit Margin | 50.6% | ||||
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To see the full financial statements and ratios of Magnet Brains Software Technology Private Limited, buy the company report.
Board of directors of Magnet Brains Software Technology Private Limited
Magnet Brains Software Technology has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neeraj Agarwal | Whole-Time Director | 28 Feb 2013 | 13 Years 8 Months | Current |
| Pankaj Agarwal | Managing Director | 28 Feb 2013 | 13 Years 8 Months | Current |
Auditor
Magnet Brains Software Technology Private Limited is audited by AGRAWAL KANHERE ASSPCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AGRAWAL KANHERE ASSPCIATES | FY 2023 | 008165C |
Shareholding
The shareholding of Magnet Brains Software Technology 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 2017 |
|---|---|---|---|---|---|
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| Others |
To see the full shareholding pattern of Magnet Brains Software Technology Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Magnet Brains Software Technology 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 Magnet Brains Software Technology Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Magnet Brains Software Technology has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Magnet Brains Education Private Limited | U80902MP2020PTC052676 |
To see the full group structure of Magnet Brains Software Technology Private Limited, buy the company report.
Employees & EPFO
Magnet Brains Software Technology Private Limited has a workforce of 41 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Magnet Brains Software Technology has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAICM4869N1ZU | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Magnet Brains Software Technology Private Limited, buy the company report.
Recent activity
Magnet Brains Software Technology Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Neeraj Agarwal was appointed as Whole-Time Director on 28 Feb 2013.
Frequently asked questions
Magnet Brains Software Technology is an active private limited company based in Bhopal, Madhya Pradesh, India. The company works in online education and learning platforms, within the internet industry. It was incorporated on 28 February 2013 (13+ years old) and is registered under CIN U72200MP2013PTC030164.
Magnet Brains Software Technology has 2 current directors:
- Pankaj Agarwal - Managing Director
- Neeraj Agarwal - Whole-Time Director
The latest financial statements of Magnet Brains Software Technology 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 2015 are in the company report.
The GSTIN of Magnet Brains Software Technology is 23AAICM4869N1ZU, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Magnet Brains Software Technology is U72200MP2013PTC030164. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magnet Brains Software Technology was incorporated on 28 February 2013, making it 13+ years old. It is registered with the Registrar of Companies, Gwalior.
Neeraj Agarwal was appointed as Whole-Time Director on 28 Feb 2013. Pankaj Agarwal was appointed as Managing Director on 28 Feb 2013.
Yes, Magnet Brains Software Technology is registered as an MSME under Udyam registration (number: UDYAM-MP-10-0001196).
Magnet Brains Software Technology can be reached through the website magnetbrains.com. Its registered office is in Bhopal, Madhya Pradesh, India.
The registered office of Magnet Brains Software Technology is at E – 349 3rd Floor Kamdar Apartment 10 Number Arera Colony, Bhopal, Madhya Pradesh, India – 462016.