Magnet Commercial Private Limited - Company Profile

It is a trading private limited company based in Kolkata, West Bengal, India, established in 2005.
2005 Kolkata, West Bengal, India Active
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About Magnet Commercial Private Limited

Magnet Commercial Private Limited, a active private limited company, was established on 07 June 2005 in Kolkata, West Bengal, India. Engaging in other wholesale within the trading sector, it holds CIN: U51109WB2005PTC103600. Registered under ROC Roc Kolkata. it is unlisted. It has an authorized capital of ₹3.00 M and a paid-up capital of ₹2.56 M.

It upholds a compliant status. Its leadership includes Sudarshan Kumar Agrawal (Director), Rina Agrawal (Additional Director). Past directors included Birendra Kumar Agarwal. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Shree Krishna Chambers 78, Bentinck Street, Block-A, 1St Floor, Kolkata, West Bengal, 700001.

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

    +91-XXXXXXXXXX

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

Company Details

  • CIN/LLPIN

    U51109WB2005PTC103600

  • Registration Number

    103600

  • Incorporation Date

    07 June 2005

  • Authorized Capital

    ₹3.00 M

  • Paid-Up Capital

    ₹2.56 M

  • ROC Code

    Roc Kolkata

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 2.56 M
  • Company Age 20 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth **** -79.07%
  • Profit Growth **** -1623.10%
  • Ebitda **** -222.22%
  • Net Worth -2.51%
  • Total Assets -2.52%
Company report

Magnet Commercial Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Magnet Commercial 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 Commercial Private Limited?
Current Directors
Name Designation Appointment Date Status
Sudarshan Kumar Agrawal Director 04 Jul 2005 Current
Rina Agrawal Additional Director 29 Nov 2018 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director - Past

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Financial Performance of Magnet Commercial.

Magnet Commercial Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 79.07% decrease. The company also saw a substantial fall in profitability, with a 1623.1% decrease in profit. The company's net worth dipped by a decrease of 2.51%.

Magnet Commercial revenue growth over time
Magnet Commercial 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
********
 -79.07%
*******
*******
*******
*******
Revenue from Operations
*******
 -70.96%
*******
*******
*******
*******
Total Assets
*******
 -2.52%
*******
*******
*******
*******
Profit or Loss
*******
 -1623.10%
*******
*******
*******
*******
Net Worth
*******
 -2.51%
*******
*******
*******
*******
EBITDA
*******
 -222.22%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Magnet Commercial?

In 2016, Magnet Commercial 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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How Many Employees Work at Magnet Commercial?

Unlock and access historical data on people associated with Magnet Commercial, 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 Commercial, 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 Commercial's trajectory.

Rating
Graph displaying rating trends over time

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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 Commercial
Recent Activity within the Organization
  • Annual General Meeting

    The activity Magnet Commercial Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

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

  • Director Appointment

    The activity Rina Agrawal was appointed as a Additional Director was appointed as a Additional Director on 29 Nov 2018 & has been associated with this company since 7 years 2 months . was completed.

  • Director Appointment

    Sudarshan Kumar Agrawal was appointed as a Director was appointed as a Director on 04 Jul 2005 & has been associated with this company since 20 years 7 months . was recorded as a recent event.

  • Company Incorporation

    Magnet Commercial Private Limited was registered on 07 Jun 2005 with Roc Kolkata & aged 20 years 8 months as per MCA records. was recorded as a recent event.

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

The CIN of Magnet Commercial Private Limited is U51109WB2005PTC103600.

Where is Magnet Commercial Private Limited headquartered?

Magnet Commercial Private Limited is headquartered at Shree Krishna Chambers 78, Bentinck Street, Block-A, 1St Floor, Kolkata, West Bengal, 700001.

When was Magnet Commercial Private Limited incorporated?

Magnet Commercial Private Limited was incorporated on 07 June 2005.

Who are the current directors of Magnet Commercial Private Limited?

The current directors of Magnet Commercial Private Limited are

What is the primary industry of Magnet Commercial Private Limited?

The primary industry of Magnet Commercial Private Limited is Trading.

Is Magnet Commercial Private Limited a listed company?

Magnet Commercial Private Limited is unlisted.

What is the capital structure of Magnet Commercial Private Limited?

The authorized capital of Magnet Commercial Private Limited is ₹3.00 M, and the paid-up capital is ₹2.56 M.

What is the compliance status of Magnet Commercial Private Limited?

The compliance status of Magnet Commercial Private Limited is Compliant.

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