Magnet Medical Private Limited
About Magnet Medical Private Limited
Data last updated:
Magnet Medical Private Limited is a private limited company based in Mumbai, Maharashtra, India. It was incorporated on 20 July 2023.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U46497MH2023PTC406976.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Aastha Neupane and Shiju Mon.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 502 Ecstasy Business Park, Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.06 Cr. For the same year it recorded a net loss of ₹9.66 Lakh (net margin -9.1%) and EBITDA of -₹9.08 Lakh (EBITDA margin -8.5%).
Company details
Contact details
Magnet Medical Private Limited's registered office is in Mumbai, Maharashtra.
- Registered Address502 Ecstasy Business Park, 6th Floor Jsd Road Mulund, Mumbai, Maharashtra, India – 400080
- 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 Medical is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Magnet Medical Private Limited, buy the company report.
Financials of Magnet Medical Private Limited
FY 2025 filings availableMagnet Medical Private Limited reported revenue of ₹1.06 Cr for FY 2025.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
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| Revenue from Operations | ||
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| Total Expenses | ||
| EBITDA | -₹9.08 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹9.66 Lakh | |
| Balance Sheet | ||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -8.5% | |
| Net Profit Margin | -9.1% | |
| Return on Equity (ROE) | ||
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To see the full financial statements and ratios of Magnet Medical Private Limited, buy the company report.
Board of directors of Magnet Medical Private Limited
Magnet Medical has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aastha Neupane Also directs: Hundred Yards Realtor Private Limited | Additional Director | 05 Dec 2025 | 0 Years 11 Months | Current |
| Shiju Mon | Additional Director | 05 Dec 2025 | 0 Years 11 Months | Current |
Peer comparison
Magnet Medical Private Limited is compared with the 5 companies closest to it by revenue in the Healthcare industry (Medical and Laboratory Equipment), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| D4 Surgicals (India) Private Limited | ₹1.08 Cr (FY 2024) | -39.0% | Mumbai, Maharashtra, India | |||
| Bhayani Healthcare Private Limited | ₹1.08 Cr (FY 2024) | 661.0% | Hyderabad, Telangana, India | |||
| Super Surgical Devices Private Limited | ₹1.07 Cr (FY 2025) | 156.0% | Sonipat, Haryana, India | |||
| Magnet Medical Private Limitedthis company | ₹1.06 Cr (FY 2025) | -₹9.66 Lakh | -9.1% | Mumbai, Maharashtra, India | ||
| Nextgen Medical Devices Private Limited | ₹1.06 Cr (FY 2024) | -27.0% | Delhi, India | |||
| Corx Lifesciences and Pharmaceutical Private Limited | ₹1.05 Cr (FY 2024) | 172.0% | Tiruchirappalli, Tamil Nadu, India |
To see the full peer comparison of Magnet Medical Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Magnet Medical 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 Medical Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Magnet Medical Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Magnet Medical Private Limited has 7 board changes on record since 2023: 5 appointments and 2 cessations. The latest: Aastha Neupane was appointed as Additional Director on 05 Dec 2025.
Frequently asked questions
Magnet Medical is an active private limited company based in Mumbai, Maharashtra, India. It was incorporated on 20 July 2023 (3+ years old) and is registered under CIN U46497MH2023PTC406976.
Magnet Medical has 2 current directors:
- Aastha Neupane - Additional Director
- Shiju Mon - Additional Director
The latest financial statements of Magnet Medical on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2024 are in the company report.
The CIN (Corporate Identification Number) of Magnet Medical is U46497MH2023PTC406976. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magnet Medical was incorporated on 20 July 2023, making it 3+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Magnet Medical by revenue are D4 Surgicals (India) Private Limited, Bhayani Healthcare Private Limited, Super Surgical Devices Private Limited, Nextgen Medical Devices Private Limited, Corx Lifesciences and Pharmaceutical Private Limited, all in the Healthcare industry (Medical and Laboratory Equipment), with the same principal business activity (wholesale trading).
Aastha Neupane was appointed as Additional Director on 05 Dec 2025. Akhilesh Kumar Choudhary ceased to be Director on 05 Dec 2025. Rakesh Tomar ceased to be Director on 05 Dec 2025. Magnet Medical has 7 board changes on record in total.
The registered office of Magnet Medical is at 502 Ecstasy Business Park, 6th Floor Jsd Road Mulund, Mumbai, Maharashtra, India – 400080.
Magnet Medical can be reached at its registered office: 502 Ecstasy Business Park, 6th Floor Jsd Road Mulund, Mumbai, Maharashtra, India – 400080.
Magnet Medical is registered under the jurisdiction of the Registrar of Companies (ROC), Mumbai.
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