Magnet Commodeal Private Limited

Magnet Commodeal Private Limited - business services in Kolkata, West Bengal, India. Directors, charges & compliance details.
CIN U51101WB2010PTC152214 Incorporated 12 August 2010 ROC Kolkata HQ Kolkata, West Bengal, India
Merged Private Limited Company business services
Data last updated
Revenue · FY 2020
₹13.82 Lakh
▼ 9% YoY
Net profit · FY 2020
₹9.81 Lakh
Net margin 71%
EBITDA · FY 2020
₹13.65 Lakh
EBITDA margin 98.8%
Authorised capital
₹2 Lakh
Registered with MCA
Paid-up capital
₹2 Lakh
Issued & subscribed
Company age
16 yrs
Est. 2010
Directors on board
2
As per MCA filings
Last financials
Mar 2020
Balance sheet date

About Magnet Commodeal Private Limited

Data last updated:

Magnet Commodeal Private Limited was a private limited company based in Kolkata, West Bengal, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the management consultancy segment of the business services sector. It was incorporated on 12 August 2010.

The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U51101WB2010PTC152214.

The company had an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It was led by directors Murari Poddar and Padma Poddar.

Its last annual general meeting (AGM) was held on 30 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at 2 Hare Street 2nd Floor Nicco House, Kolkata, West Bengal, India – 700001.

As per the financials filed for FY 2020, the company reported a revenue of ₹13.82 Lakh, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹9.81 Lakh (net margin 71%) and EBITDA of ₹13.65 Lakh (EBITDA margin 98.8%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 131% over five years.

Company details

CIN U51101WB2010PTC152214
Registration Number 152214
Incorporation Date 12 August 2010
ROC Kolkata
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 30 December 2020
Date of Balance Sheet 31 March 2020
Compliance Status Active Compliant

Contact details

Magnet Commodeal Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    2 Hare Street 2nd Floor Nicco House, Kolkata, West Bengal, India – 700001
  • Industry
    Business Services, Management Consultancy

To see the full contact details of Magnet Commodeal Private Limited, buy the company report.

Comprehensive company report
Magnet Commodeal Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Magnet Commodeal is professional, scientific and technical. In detail, this covers management consultancy activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM3Management consultancy activities

To see the full business activity and turnover split of Magnet Commodeal Private Limited, buy the company report.

Financials of Magnet Commodeal Private Limited

FY 2020 filings available

Magnet Commodeal Private Limited reported revenue of ₹13.82 Lakh (down 9% YoY) for FY 2020.

Revenue · FY 2020
₹13.82 Lakh ▼ 9%
Net profit · FY 2020
₹9.81 Lakh margin 71%
EBITDA · FY 2020
₹13.65 Lakh margin 98.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 9%
3 years · compounded
▲ 38%
5 years · compounded
▲ 131%
EBITDA CAGR growth
1 year
▼ 24%
3 years · compounded
▲ 128%
5 years · compounded
▲ 317%

Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 131%. EBITDA fell 24% 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

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹13.65 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹9.81 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profitability
EBITDA Margin98.8%
Net Profit Margin71%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Magnet Commodeal Private Limited, buy the company report.

Board of directors of Magnet Commodeal Private Limited

Magnet Commodeal has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Murari PoddarDirector23 Jul 201214 Years 3 MonthsAs last reported
Padma PoddarDirector23 Jul 201214 Years 3 MonthsAs last reported

Peer comparison

Magnet Commodeal Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (management consultancy activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Alpha Mindz Trainers and Consultants Private Limited₹13.86 Lakh (FY 2025)-19.0%Panajim, Goa, India
Wincons Expert India (OPC) Private Limited₹13.86 Lakh (FY 2019)262.0%Patiala, Punjab, India
Trinc Softake Solution Private Limited₹13.85 Lakh (FY 2025)84.0%Ahmedabad, Gujarat, India
Brite Led Private Limited₹13.85 Lakh (FY 2025)90.0%New Delhi, Delhi, India
Green Sky Consultants Private Limited₹13.82 Lakh (FY 2020)19.0%Karnal, Haryana, India
Magnet Commodeal Private Limitedthis company₹13.82 Lakh (FY 2020)₹9.81 Lakh71%-9.0%Kolkata, West Bengal, India
Xstrops Consulting Private Limited₹13.81 Lakh (FY 2024)-61.0%Mumbai, Maharashtra, India
Brandpix Marketing Services Private Limited₹13.8 Lakh (FY 2025)-63.0%Delhi, India
Kibm Trading & Consulting Private Limited₹13.75 Lakh (FY 2017)162.0%Bangalore, Karnataka, India
Maccus Management Consultancy Private Limited₹13.75 Lakh (FY 2022)51.0%Bhopal, Madhya Pradesh, India
Sumram Services Private Limited₹13.72 Lakh (FY 2024)-15.0%Vadodara, Gujarat, India

To see the full peer comparison of Magnet Commodeal Private Limited, buy the company report.

Auditor

Magnet Commodeal Private Limited is audited by JHUMUR KUMAR MUKHOPADHYAY for the financial year 2017.

Auditor firmFinancial yearFirm registration number
JHUMUR KUMAR MUKHOPADHYAYFY 2017055993

Shareholding

The shareholding of Magnet Commodeal Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Magnet Commodeal Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Magnet Commodeal Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Magnet Commodeal has 1 associated company. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.

1
Associated companies

GST

No GST registration is on our record for Magnet Commodeal Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Magnet Commodeal Private Limited has 4 board changes on record since 2012: 2 appointments and 2 cessations. The latest: Dipak Das ceased to be Director on 01 Mar 2014.

AGM
Magnet Commodeal Private Limited last Annual general meeting of members was held on 30 Dec 2020 as per latest MCA records.
Filing
Magnet Commodeal Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Kolkata.
Ceased
Dipak Das ceased to be Director.
Ceased
Sumitra Pal ceased to be Director.
Appointed
Murari Poddar was appointed as Director.
Appointed
Padma Poddar was appointed as Director.
Incorporation
12 Aug 2010
Magnet Commodeal Private Limited was registered on 12 Aug 2010 with Roc Kolkata & aged 16 years 3 months as per MCA records.

Frequently asked questions

Magnet Commodeal has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Magnet Commodeal was a private limited company based in Kolkata, West Bengal, India. The company worked in management consultancy, within the business services industry. It was incorporated on 12 August 2010 and is registered under CIN U51101WB2010PTC152214. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Magnet Commodeal was incorporated on 12 August 2010. It is registered with the Registrar of Companies, Kolkata.

Magnet Commodeal had 2 directors:

The CIN (Corporate Identification Number) of Magnet Commodeal is U51101WB2010PTC152214. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Magnet Commodeal is at 2 Hare Street 2nd Floor Nicco House, Kolkata, West Bengal, India – 700001.

The latest financial statements of Magnet Commodeal on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 December 2020. Year-wise statements from 2015 are in the company report.

Magnet Commodeal operated in the business services industry, in the management consultancy segment.

The peers of Magnet Commodeal by revenue are Alpha Mindz Trainers and Consultants Private Limited, Wincons Expert India (OPC) Private Limited, Trinc Softake Solution Private Limited, Brite Led Private Limited, Green Sky Consultants Private Limited and 5 more, all in the same principal business activity (management consultancy activities).

Dipak Das ceased to be Director on 01 Mar 2014. Sumitra Pal ceased to be Director on 01 Mar 2014. Murari Poddar was appointed as Director on 23 Jul 2012. Magnet Commodeal has 4 board changes on record in total.

The compliance status of Magnet Commodeal is compliant as of 17 August 2026.