Magnet Developers Private Limited - Company Profile

It is a real estate and construction private limited company based in New Delhi, Delhi, India, established in 2008.
2008 New Delhi, Delhi, India Active
Last Updated:
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About Magnet Developers Private Limited

Magnet Developers Private Limited, a active private limited company, was established on 09 September 2008 in New Delhi, Delhi, India. Engaging in real estate builders & developers within the real estate sector, it holds CIN: U45400DL2008PTC183073. Registered under ROC Roc Delhi. it is unlisted. It has an authorized capital of ₹0.10 M and a paid-up capital of ₹0.10 M.

It upholds a compliant status. Its leadership includes Brij Kishore Singh (Director), Surendra Mohan Joshi (Director). Past directors included Anupam Nagalia, Gautam Bhalla, Mukesh Rawat. It holds ₹888.46 Cr open charges and ₹14.00 Cr settled loans. Its latest AGM occurred on 25 September 2024, with the balance sheet filed on 31 March 2024. It is based at Flat No. 224A, 2Nd Floor Devika Tower, 6, Nehru Place, New Delhi, Delhi, 110019.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U45400DL2008PTC183073

  • Registration Number

    183073

  • Incorporation Date

    09 September 2008

  • Authorized Capital

    ₹0.10 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Delhi

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 17 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 888.46 Cr
  • Satisfied Charges ₹ 14.00 Cr
  • Revenue Growth **** %
  • Profit Growth **** -52.76%
  • Ebitda **** -52.76%
  • Net Worth -30.57%
  • Total Assets **** 0.29%
Company report

Magnet Developers Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Magnet Developers 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 Developers Private Limited?
Current Directors
Name Designation Appointment Date Status
Brij Kishore Singh Director 18 Feb 2019 Current
Surendra Mohan Joshi Director 10 Apr 2021 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 31 Jul 2010 Past
Pramod Abcsdd Director 31 Jul 2010 Past
Pramod Abcsdd Director 12 Apr 2021 Past
Pramod Abcsdd Director 17 Aug 2017 Past
Pramod Abcsdd Additional Director 16 Sep 2015 Past
Pramod Abcsdd Director 10 Dec 2014 Past

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Financial Performance of Magnet Developers.

Magnet Developers Private Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 52.76% decrease in profit. The company's net worth observed a substantial decline by a decrease of 30.57%.

Magnet Developers revenue growth over time
Magnet Developers 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
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*******
*******
*******
Revenue from Operations
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*******
*******
*******
*******
*******
Total Assets
*******
 0.29%
*******
*******
*******
*******
Profit or Loss
*******
 -52.76%
*******
*******
*******
*******
Net Worth
*******
 -30.57%
*******
*******
*******
*******
EBITDA
*******
 -52.76%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Magnet Developers?

In 2021, Magnet Developers 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

₹8,884,565,523.00

Satisfied Charges

₹139,965,341.00

Charges Breakdown by Lending Institutions
  • Others : 888.46 Cr
Latest Charge Details
Date Lender Amount Status
24 Aug 2021 Others ₹888.46 Cr Open
31 Mar 2016 Others ₹2.00 Cr Satisfied
24 Jun 2015 Dewan Housing Finance Corporation Limited ₹1.43 Cr Satisfied
30 Jan 2015 Dewan Housing Finance Corporation Limited ₹5.52 M Satisfied
20 Jan 2015 Hdfc Bank Limited ₹7.50 Cr Satisfied

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How Many Employees Work at Magnet Developers?

Unlock and access historical data on people associated with Magnet Developers, 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 Developers, 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 Developers'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 Developers
Recent Activity within the Organization
  • Annual General Meeting

    Magnet Developers Private Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Charges

    A charge with Others of Rs. 8,884.57 M registered on 24 Aug 2021 with Charge ID 100471307 was modified on 24 Jun 2024. was recorded as a recent event.

  • Balance Sheet

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

  • Charges

    A charge with Others amounted to Rs. 8,884.57 M with Charge ID 100471307 was registered on 24 Aug 2021. was recorded as a recent event.

  • Director Appointment

    Surendra Mohan Joshi was appointed as a Director was appointed as a Director on 10 Apr 2021 & has been associated with this company since 4 years 9 months . was recorded as a recent event.

  • Director Appointment

    Brij Kishore Singh was appointed as a Director was appointed as a Director on 18 Feb 2019 & has been associated with this company since 6 years 11 months . was recorded as a recent event.

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

The CIN of Magnet Developers Private Limited is U45400DL2008PTC183073.

Where is Magnet Developers Private Limited headquartered?

Magnet Developers Private Limited is headquartered at Flat No. 224A, 2Nd Floor Devika Tower, 6, Nehru Place, New Delhi, Delhi, 110019.

When was Magnet Developers Private Limited incorporated?

Magnet Developers Private Limited was incorporated on 09 September 2008.

Who are the current directors of Magnet Developers Private Limited?

The current directors of Magnet Developers Private Limited are

What is the primary industry of Magnet Developers Private Limited?

The primary industry of Magnet Developers Private Limited is Real Estate.

Is Magnet Developers Private Limited a listed company?

Magnet Developers Private Limited is unlisted.

What is the capital structure of Magnet Developers Private Limited?

The authorized capital of Magnet Developers Private Limited is ₹0.10 M, and the paid-up capital is ₹0.10 M.

What is the compliance status of Magnet Developers Private Limited?

The compliance status of Magnet Developers Private Limited is Compliant.

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