Magnet Buildtech Private Limited - Company Profile

It is a environment private limited company based in Ahmedabad, Gujarat, India, established in 2012.
2012 Ahmedabad, Gujarat, India Active
Last Updated:
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About Magnet Buildtech Private Limited

Magnet Buildtech Private Limited, a active private limited company, was established on 22 May 2012 in Ahmedabad, Gujarat, India. Engaging in solar energy solutions within the electricity, gas, steam and air condition supply sector, it holds CIN: U70101GJ2012PTC107117. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹2.63 Cr and a paid-up capital of ₹1.01 Cr.

It upholds a compliant status. Its leadership includes Narasimhan Sowmya (Nominee Director), Nirmal Sharda (Director). Past directors included Ajay Kumar, Sanjay Vishwakarma, Rajeev Sharma. It holds ₹163.54 Cr open charges and ₹610.72 Cr settled loans. Its latest AGM occurred on 24 September 2025, with the balance sheet filed on 31 March 2025. It is based at 906-907, Indraprasth Corporate, Opp.Venus Atlantis 100 Ft. Road, Prahladnagar,, Ahmedabad, Gujarat, 380015.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U70101GJ2012PTC107117

  • Registration Number

    107117

  • Incorporation Date

    22 May 2012

  • Authorized Capital

    ₹2.63 Cr

  • Paid-Up Capital

    ₹1.01 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.63 Cr
  • Paid Up Capital ₹ 1.01 Cr
  • Company Age 13 Year, 11 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 163.54 Cr
  • Satisfied Charges ₹ 610.72 Cr
  • Revenue Growth **** -1.36%
  • Profit Growth **** 25.83%
  • Ebitda **** -0.95%
  • Net Worth -17.73%
  • Total Assets -7.49%
Company report

Magnet Buildtech Private Limited

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Magnet Buildtech 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 Buildtech Private Limited?
Current Directors
Name Designation Appointment Date Status
Narasimhan Sowmya Nominee Director 21 Mar 2025 Current
Nirmal Sharda Director 18 Sep 2025 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 31 Aug 2018 Past
Pramod Abcsdd Director 03 Aug 2012 Past
Pramod Abcsdd Additional Director 30 Sep 2021 Past
Pramod Abcsdd Nominee Director 07 Jul 2021 Past
Pramod Abcsdd Nominee Director 05 Nov 2022 Past
Pramod Abcsdd Director 01 Jul 2017 Past

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Financial Performance of Magnet Buildtech.

Magnet Buildtech Private Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 1.36% decrease. The company also saw a substantial improvement in profitability, with a 25.83% increase in profit. The company's net worth observed a substantial decline by a decrease of 17.73%.

Magnet Buildtech revenue growth over time
Magnet Buildtech profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
********
 -1.36%
*******
*******
*******
*******
Revenue from Operations
*******
 -1.83%
*******
*******
*******
*******
Total Assets
*******
 -7.49%
*******
*******
*******
*******
Profit or Loss
*******
 25.83%
*******
*******
*******
*******
Net Worth
*******
 -17.73%
*******
*******
*******
*******
EBITDA
*******
 -0.95%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Magnet Buildtech?

In 2021, Magnet Buildtech had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹1,635,359,296.00

Satisfied Charges

₹6,107,200,000.00

Charges Breakdown by Lending Institutions
  • Sbicap Trustee Company Limited : 163.54 Cr
Latest Charge Details
Date Lender Amount Status
22 Aug 2025 Sbicap Trustee Company Limited ₹163.54 Cr Open
20 Sep 2018 Sbicap Trustee Company Limited ₹242.86 Cr Satisfied
14 Oct 2016 Others ₹242.86 Cr Satisfied
04 Mar 2016 Ptc India Financial Services Limited ₹125.00 Cr Satisfied

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How Many Employees Work at Magnet Buildtech?

Unlock and access historical data on people associated with Magnet Buildtech, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Magnet Buildtech, 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 Buildtech's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Magnet Buildtech
Recent Activity within the Organization
  • Charges

    The activity A charge registered on 20 Sep 2018 via Charge ID 100204811 with Sbicap Trustee Company Limited was fully satisfied on 27 Nov 2025. was completed.

  • Annual General Meeting

    The activity Magnet Buildtech Private Limited last Annual general meeting of members was held on 24 Sep 2025 as per latest MCA records. was completed.

  • Director Appointment

    Progress on Nirmal Sharda was appointed as a Director was appointed as a Director on 18 Sep 2025 & has been associated with this company since 7 months 21 days . was documented.

  • Charges

    Progress on A charge with Sbicap Trustee Company Limited amounted to Rs. 163.54 Cr with Charge ID 101154059 was registered on 22 Aug 2025. was documented.

  • Balance Sheet

    The activity Magnet Buildtech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was completed.

  • Director Appointment

    Progress on Narasimhan Sowmya was appointed as a Nominee Director was appointed as a Nominee Director on 21 Mar 2025 & has been associated with this company since 1 year 1 month . was documented.

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Frequently Asked Questions
What is the CIN of Magnet Buildtech Private Limited?

The CIN of Magnet Buildtech Private Limited is U70101GJ2012PTC107117.

Where is Magnet Buildtech Private Limited headquartered?

Magnet Buildtech Private Limited is headquartered at 906-907, Indraprasth Corporate, Opp.Venus Atlantis 100 Ft. Road, Prahladnagar,, Ahmedabad, Gujarat, 380015.

When was Magnet Buildtech Private Limited incorporated?

Magnet Buildtech Private Limited was incorporated on 22 May 2012.

Who are the current directors of Magnet Buildtech Private Limited?

The current directors of Magnet Buildtech Private Limited are

What is the primary industry of Magnet Buildtech Private Limited?

The primary industry of Magnet Buildtech Private Limited is Electricity, Gas, Steam And Air Condition Supply.

Is Magnet Buildtech Private Limited a listed company?

Magnet Buildtech Private Limited is unlisted.

What is the capital structure of Magnet Buildtech Private Limited?

The authorized capital of Magnet Buildtech Private Limited is ₹2.63 Cr, and the paid-up capital is ₹1.01 Cr.

What is the compliance status of Magnet Buildtech Private Limited?

The compliance status of Magnet Buildtech Private Limited is Compliant.

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