Magnet Labs Private Limited
About Magnet Labs Private Limited
Data last updated: 23 July 2025
Magnet Labs Private Limited was a private limited company based in New Delhi, Delhi, India, operated as a subsidiary of Mankind Pharma Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It specialised in pharmaceutical retail and distribution, a part of the broader pharmaceuticals sector. Incorporated on 17 April 1998.
Registered with ROC Delhi under CIN U51397DL1998PTC093307.
Capital: an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4 Lakh. It was led by directors including Bharat Anand and Sheetal Arora.
Last AGM: 30 September 2022. Financial statements filed for year ended 31 March 2022. Office: 208 Okhla Industrial Estate Phase – Iii, New Delhi, Delhi, India – 110020.
As per the financials filed for FY 2022, the company reported a revenue of ₹300.67 Cr, a growth of 20% compared to the previous year.
The company had a reported workforce of approximately 1,075 employees prior to being dissolved. It operated as a subsidiary of Mankind Pharma Limited.
The company has been merged (amalgamated) with another entity and no longer exists separately. Business activities, if any, continue under the successor entity.
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Registered Address208 Okhla Industrial Estate Phase – Iii, New Delhi, Delhi, India – 110020
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IndustryPharma, Pharmaceutical Retailers & Distributors
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
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Business Activity of Magnet Labs Private Limited
Magnet Labs Private Limited is engaged in the principal business activity of trade, with detailed activities including wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details for Magnet Labs Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Auditor Details of Magnet Labs Private Limited
Magnet Labs Private Limited is audited by S.R. BATLIBOI & CO. LLP for the financial year 2021. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S.R. BATLIBOI & CO. LLP | Locked | Locked | Locked |
Complete auditor history for Magnet Labs Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
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Board of Directors of Magnet Labs Private Limited
Magnet Labs Private Limited is currently managed by 4 directors, with 16 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Bharat Anand
Also directs:
Mankind Pharma Limited, Bharat Serums And Vaccines Limited, Kindcare Foundation and 5 more
|
Director | 31 Aug 2018 | 7 Years 11 Months | As last reported |
| Sheetal Arora | Director | 01 May 2017 | 9 Years 3 Months | As last reported |
| Arjun Juneja | Director | 01 May 2017 | 9 Years 3 Months | As last reported |
| Rajeev Juneja | Director | 01 May 2017 | 9 Years 3 Months | As last reported |
Financials of Magnet Labs Private Limited FY 2022 filings available
Magnet Labs Private Limited reported revenue of ₹300.67 Cr (up 20.00% YoY) for FY 2022.
Ten-year financial statements for Magnet Labs Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
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Ownership and Shareholding of Magnet Labs Private Limited
Shareholding and ownership data for Magnet Labs Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
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Charges & Borrowings Magnet Labs Private Limited
Magnet Labs Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Magnet Labs Private Limited
Magnet Labs Private Limited has a workforce of 1,075 employees as of Mar 29, 2024.
Employee and EPFO history for Magnet Labs Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Magnet Labs Private Limited
GST registrations and filing compliance for Magnet Labs Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Magnet Labs Private Limited
Credit ratings, litigation, and regulatory alerts for Magnet Labs Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Magnet Labs Private Limited
MSME payment history for Magnet Labs Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Magnet Labs Private Limited
Corporate group structure for Magnet Labs Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Magnet Labs Private Limited
MCA filings and documents for Magnet Labs Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Magnet Labs Private Limited
Frequently Asked Questions about Magnet Labs Private Limited
Magnet Labs Private Limited 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 Labs Private Limited is a amalgamated private limited company in the pharma sector based in New Delhi, Delhi, India. It was incorporated on 17 April 1998 and is registered under CIN U51397DL1998PTC093307. The company was amalgamated as per MCA records and no longer exists as a legal entity.
Magnet Labs Private Limited was incorporated on 17 April 1998. Registered with ROC Delhi.
The current directors of Magnet Labs Private Limited are:
- Bharat Anand - Director
- Sheetal Arora - Director
- Arjun Juneja - Director
- Rajeev Juneja - Director
The CIN (Corporate Identification Number) of Magnet Labs Private Limited is U51397DL1998PTC093307. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The primary industry of Magnet Labs Private Limited is pharma. The company specifically operates in pharmaceutical retailers and distributors.