Magnet Developers Private Limited
About Magnet Developers Private Limited
Data last updated:
Magnet Developers Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Famous Dwellers Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 09 September 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U45400DL2008PTC183073.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Brij Kishore Singh and Surendra Mohan Joshi.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Flat No. 224A 2nd Floor Devika Tower 6 Nehru Place, New Delhi, Delhi, India – 110019.
As per the financials filed for FY 2025, the company reported a revenue of ₹84 Lakh. For the same year it recorded a net profit of ₹24.99 Lakh (net margin 29.8%) and EBITDA of ₹32.88 Lakh (EBITDA margin 39.1%).
As per MCA filings, the company has open charges of ₹888.46 Cr and satisfied charges of ₹14 Cr on record. Court records list 1 case involving the company.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressFlat No. 224A 2nd Floor Devika Tower 6 Nehru Place, New Delhi, Delhi, India – 110019
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
- One PDF report, delivered after checkout
Business Activity of Magnet Developers Private Limited
The main business activity of Magnet Developers is real estate activities. In detail, this covers real estate activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Magnet Developers Private Limited FY 2025 filings available
Magnet Developers Private Limited reported revenue of ₹84 Lakh for FY 2025.
Financial Statement Summary of Magnet Developers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹32.88 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹24.99 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 of Magnet Developers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 39.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 29.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Magnet Developers are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Magnet Developers Private Limited
Magnet Developers Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| DKK Promoters & Builders Private Limited | ₹84.01 Lakh (FY 2025) | •••• | •••• | -36.0% | •••• | Delhi, India |
| Basu Construction Private Limited | ₹84.01 Lakh (FY 2024) | •••• | •••• | 594.0% | •••• | Kolkata, West Bengal, India |
| Magnet Developers Private Limited this company | ₹84 Lakh (FY 2025) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Archit Homes Private Limited | ₹84 Lakh (FY 2020) | •••• | •••• | 14.0% | •••• | Chennai, Tamil Nadu, India |
| Accord Foundations Private Limited | ₹84 Lakh (FY 2025) | •••• | •••• | 188.0% | •••• | Chennai, Tamil Nadu, India |
| Raj Infra Solutions Private Limited | ₹84 Lakh (FY 2024) | •••• | •••• | •••• | Bhubaneswar, Odisha, India | |
| Amaya Green Projects Private Limited | ₹83.99 Lakh (FY 2024) | •••• | •••• | 28.0% | •••• | Delhi, India |
| Gurucharan Properties Private Limited | ₹83.98 Lakh (FY 2018) | •••• | •••• | 7.0% | •••• | Mumbai, Maharashtra, India |
| Valdel Real Estate Private Limited | ₹83.97 Lakh (FY 2021) | •••• | •••• | -95.0% | •••• | Bangalore, Karnataka, India |
| Indore Builders Private Limited | ₹83.97 Lakh (FY 2018) | •••• | •••• | •••• | Indore, Madhya Pradesh, India | |
| Skyhigh Buildhome Private Limited | ₹83.97 Lakh (FY 2025) | •••• | •••• | -23.0% | •••• | Indore, Madhya Pradesh, India |
Peers are the five companies nearest above and the five nearest below Magnet Developers by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Magnet Developers Private Limited
Magnet Developers Private Limited is audited by A J K R AND ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A J K R AND ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Magnet Developers Private Limited
Magnet Developers has 2 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Brij Kishore Singh Also directs: Vatika Infracon Private Limited, Pegasus Infrastructure Private Limited, Vatika One India Next Private Limited and 5 more | Director | 18 Feb 2019 | 7 Years 7 Months | Current |
| Surendra Mohan Joshi Also directs: Bioko Developers Private Limited, Salton Developers Private Limited, Vatika One On One Private Limited and 5 more | Director | 10 Apr 2021 | 5 Years 6 Months | Current |
Ownership and Shareholding of Magnet Developers Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Magnet Developers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Aug 2021 | Others | ₹888.46 Cr | Open |
| 31 Mar 2016 | Others | ₹2 Cr | Satisfied |
| 24 Jun 2015 | Dewan Housing Finance Corporation Limited | ₹1.43 Cr | Satisfied |
| 30 Jan 2015 | Dewan Housing Finance Corporation Limited | ₹55.23 Lakh | Satisfied |
| 20 Jan 2015 | Hdfc Bank Limited | ₹7.5 Cr | Satisfied |
Total charge records: 6 View all charges
Legal Cases of Magnet Developers Private Limited
Magnet Developers Private Limited has 1 court case on record: 1 where it is another party. All case is disposed. Status as checked on 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Rajasthan | Writ petition | Company is another party | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Magnet Developers Private Limited
Employment history and EPFO contributions of people linked to Magnet Developers.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Magnet Developers Private Limited
Magnet Developers Private Limited has 17 board changes on record since 2010: 2 appointments and 15 cessations. The latest: Surendra Mohan Joshi ceased to be Additional Director on 25 Nov 2021.
20 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Magnet Developers Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Magnet Developers Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Magnet Developers Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Magnet Developers Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Magnet Developers Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Magnet Developers Private Limited
Magnet Developers is an active private limited company based in New Delhi, Delhi, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 09 September 2008 (18+ years old) and is registered under CIN U45400DL2008PTC183073.
Magnet Developers reported revenue of ₹84 Lakh for FY 2025.
Magnet Developers has 2 current directors:
- Brij Kishore Singh - Director
- Surendra Mohan Joshi - Director
Magnet Developers reported a net profit of ₹24.99 Lakh (net margin 29.8%) and EBITDA of ₹32.88 Lakh (EBITDA margin 39.1%) for FY 2025, as per its filed financial statements.
The CIN (Corporate Identification Number) of Magnet Developers is U45400DL2008PTC183073. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magnet Developers has 1 court case on record.
Magnet Developers was incorporated on 09 September 2008, making it 18+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Magnet Developers by revenue are DKK Promoters & Builders Private Limited, Basu Construction Private Limited, Archit Homes Private Limited, Accord Foundations Private Limited, Raj Infra Solutions Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Surendra Mohan Joshi ceased to be Additional Director on 25 Nov 2021. Mukesh Rawat ceased to be Director on 12 Apr 2021. Surendra Mohan Joshi was appointed as Director on 10 Apr 2021. Magnet Developers has 17 board changes on record in total.
The registered office of Magnet Developers is at Flat No. 224A 2nd Floor Devika Tower 6 Nehru Place, New Delhi, Delhi, India – 110019.
Magnet Developers has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.