Magnet Projects Private Limited - Company Profile

It is a travel and hospitality private limited company based in Patna, Bihar, India, established in 2008.
2008 Patna, Bihar, India Active
Last Updated:
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About Magnet Projects Private Limited

Magnet Projects Private Limited, a active private limited company, was established on 06 February 2008 in Patna, Bihar, India. Engaging in restaurants & dining services within the accommodation and food service sector, it holds CIN: U45200BR2008PTC013417. Registered under ROC Roc Patna. it is unlisted. It has an authorized capital of ₹2.50 M and a paid-up capital of ₹2.50 M.

It upholds a compliant status. Its leadership includes Reeta Singh (Director), Manisha Singh (Director), Ajay Kumar Singh (Director). Past directors included Tushant Shreshtha, Manisha Singh, Ajay Kumar Singh. It holds ₹9.60 M open charges and ₹1.40 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at M-3/12 Sri Krishna Puri, Patna, Bihar, 800001.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U45200BR2008PTC013417

  • Registration Number

    013417

  • Incorporation Date

    06 February 2008

  • Authorized Capital

    ₹2.50 M

  • Paid-Up Capital

    ₹2.50 M

  • ROC Code

    Roc Patna

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 18 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 9.60 M
  • Satisfied Charges ₹ 1.40 Cr
  • Revenue Growth **** -11.86%
  • Profit Growth **** -49.58%
  • Ebitda **** -175.13%
  • Net Worth 3.58%
  • Total Assets -8.59%
Company report

Magnet Projects Private Limited

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Magnet Projects 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 Projects Private Limited?
Current Directors
Name Designation Appointment Date Status
Reeta Singh Director 01 Mar 2021 Current
Manisha Singh Director 16 Nov 2023 Current
Ajay Kumar Singh Director 16 Nov 2023 Current
Tushant Shreshtha Director 15 Oct 2025 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 14 Jul 2023 Past
Pramod Abcsdd Director 02 Nov 2021 Past
Pramod Abcsdd Director 02 Nov 2021 Past
Pramod Abcsdd Director - Past

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Financial Performance of Magnet Projects.

Magnet Projects Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 11.86% decrease. The company also saw a substantial fall in profitability, with a 49.58% decrease in profit. The company's net worth moved up by a moderate rise of 3.58%.

Magnet Projects revenue growth over time
Magnet Projects 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
********
 -11.86%
*******
*******
*******
*******
Revenue from Operations
*******
 -18.41%
*******
*******
*******
*******
Total Assets
*******
 -8.59%
*******
*******
*******
*******
Profit or Loss
*******
 -49.58%
*******
*******
*******
*******
Net Worth
*******
 3.58%
*******
*******
*******
*******
EBITDA
*******
 -175.13%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Magnet Projects?

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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

₹9,600,000.00

Satisfied Charges

₹14,000,000.00

Charges Breakdown by Lending Institutions
  • Others : 0.96 Cr
Latest Charge Details
Date Lender Amount Status
30 Apr 2019 Others ₹9.60 M Open
25 Jun 2018 Others ₹1.40 Cr Satisfied

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How Many Employees Work at Magnet Projects?

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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

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Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

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Latest Updates, News, and FAQs on Magnet Projects
Recent Activity within the Organization
  • Director Appointment

    Progress on Tushant Shreshtha was appointed as a Director was appointed as a Director on 15 Oct 2025 & has been associated with this company since 6 months 17 days . was documented.

  • Annual General Meeting

    The activity Magnet Projects Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    Magnet Projects Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Patna. was recorded as a recent event.

  • Director Appointment

    Progress on Manisha Singh was appointed as a Director was appointed as a Director on 16 Nov 2023 & has been associated with this company since 2 years 5 months . was documented.

  • Director Appointment

    The activity Ajay Kumar Singh was appointed as a Director was appointed as a Director on 16 Nov 2023 & has been associated with this company since 2 years 5 months . was completed.

  • Director Appointment

    The activity Reeta Singh was appointed as a Director was appointed as a Director on 01 Mar 2021 & has been associated with this company since 5 years 2 months . was completed.

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

The CIN of Magnet Projects Private Limited is U45200BR2008PTC013417.

Where is Magnet Projects Private Limited headquartered?

Magnet Projects Private Limited is headquartered at M-3/12 Sri Krishna Puri, Patna, Bihar, 800001.

When was Magnet Projects Private Limited incorporated?

Magnet Projects Private Limited was incorporated on 06 February 2008.

Who are the current directors of Magnet Projects Private Limited?

The current directors of Magnet Projects Private Limited are

What is the primary industry of Magnet Projects Private Limited?

The primary industry of Magnet Projects Private Limited is Accommodation And Food Service.

Is Magnet Projects Private Limited a listed company?

Magnet Projects Private Limited is unlisted.

What is the capital structure of Magnet Projects Private Limited?

The authorized capital of Magnet Projects Private Limited is ₹2.50 M, and the paid-up capital is ₹2.50 M.

What is the compliance status of Magnet Projects Private Limited?

The compliance status of Magnet Projects Private Limited is Compliant.

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