Magnet Factoring Services Private Limited
About Magnet Factoring Services Private Limited
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Magnet Factoring Services Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 12 December 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U67190DL2011PTC228608. Its GSTIN is 07AAHCM5797L2ZN (Delhi). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Santosh Gaur and Himanshu Gaur.
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 7/408 4th Floor Sethi Bhawan Rajendra Palce, New Delhi, Delhi, India – 110008.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.94 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹7.16 Lakh (net margin 3.7%) and EBITDA of ₹9.68 Lakh (EBITDA margin 5%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 12% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Magnet Factoring Services Private Limited's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered Address7/408 4th Floor Sethi Bhawan Rajendra Palce, New Delhi, Delhi, India – 110008
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Magnet Factoring Services Private Limited, buy the company report.
- 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
Business activity
The main business activity of Magnet Factoring Services is support service to organizations. In detail, this covers office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N6 | Office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc. |
To see the full business activity and turnover split of Magnet Factoring Services Private Limited, buy the company report.
Financials of Magnet Factoring Services Private Limited
FY 2025 filings availableMagnet Factoring Services Private Limited reported revenue of ₹1.94 Cr (down 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 14% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA fell 15% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹9.68 Lakh | ||||
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| Net Profit (PAT) | ₹7.16 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 5% | ||||
| Net Profit Margin | 3.7% | ||||
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To see the full financial statements and ratios of Magnet Factoring Services Private Limited, buy the company report.
Board of directors of Magnet Factoring Services Private Limited
Magnet Factoring Services has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Santosh Gaur | Director | 12 Apr 2016 | 10 Years 6 Months | Current |
| Himanshu Gaur | Director | 05 Sep 2018 | 8 Years 1 Months | Current |
Auditor
Magnet Factoring Services Private Limited is audited by SHIV KUMAR SONI & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHIV KUMAR SONI & ASSOCIATES | FY 2018 | 030508N |
Shareholding
The shareholding of Magnet Factoring Services Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Magnet Factoring Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Magnet Factoring Services Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Magnet Factoring Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Magnet Factoring Services has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAHCM5797L2ZN | Delhi | Active | 16 Jul 2021 |
To see the full GST registrations and return filing status of Magnet Factoring Services Private Limited, buy the company report.
Recent activity
Magnet Factoring Services Private Limited has 6 board changes on record since 2015: 2 appointments and 4 cessations. The latest: Himanshu Gaur was appointed as Director on 05 Sep 2018.
Frequently asked questions
Magnet Factoring Services is an active private limited company based in New Delhi, Delhi, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 12 December 2011 (15+ years old) and is registered under CIN U67190DL2011PTC228608.
Magnet Factoring Services has 2 current directors:
- Santosh Gaur - Director
- Himanshu Gaur - Director
The latest financial statements of Magnet Factoring Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Magnet Factoring Services is 07AAHCM5797L2ZN, registered in Delhi. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Magnet Factoring Services is U67190DL2011PTC228608. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magnet Factoring Services was incorporated on 12 December 2011, making it 15+ years old. It is registered with the Registrar of Companies, Delhi.
Himanshu Gaur was appointed as Director on 05 Sep 2018. Sompal Gaur ceased to be Managing Director on 05 Sep 2018. Santosh Gaur ceased to be Additional Director on 30 Sep 2016. Magnet Factoring Services has 6 board changes on record in total.
The registered office of Magnet Factoring Services is at 7408 4th Floor Sethi Bhawan Rajendra Palce, New Delhi, Delhi, India – 110008.
Magnet Factoring Services operates in the financial services industry, in the diversified financial services segment.
The compliance status of Magnet Factoring Services is compliant as of 10 July 2026. The company is actively filing with the Registrar of Companies.