About Magnet Technologies Private Limited
Data last updated: 25 July 2025
Magnet Technologies Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It specialised in software development and support services, a part of the broader technology and IT services sector. Incorporated on 28 May 1999.
Registered with ROC Mumbai under CIN U72900MH1999PTC120090.
Capital: an authorised share capital of ₹50 Lakh and a paid-up capital of ₹13.52 Lakh. It was led by directors Haribabu Ramakrishnan and Nirav Vinodbhai Mehta.
Last AGM: 28 September 2022. Financial statements filed for year ended 31 March 2022. Office: 126 1St Floor Raghuleela Mega Mall S.V. Road Kandivali (West), Mumbai, Maharashtra, India – 400067.
As per the financials filed for FY 2022, the company reported a revenue of ₹35,649, a decline of 95% compared to the previous year.
The company was associated with 1 brand - Magnet Technologies.
The company is no longer operational and has been struck off from the Register of Companies, typically due to non-filing of annual returns or failure to commence business. Entering into any agreement with a struck-off entity carries significant legal and financial risk. The last known website on record is magnettechnologies.com.
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Registered Address126 1St Floor Raghuleela Mega Mall S.V. Road Kandivali (West), Mumbai, Maharashtra, India – 400067
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IndustryInformation Technology, Software Development & Support Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Magnet Technologies Private Limited
Magnet Technologies Private Limited operates one associated brand: Magnet Technologies. These brands represent Magnet Technologies Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Premium Linux hosting services, including dedicated, VPS, and shared servers, are provided in the information technology sector. | magnettechnologies.com |
Auditor Details of Magnet Technologies Private Limited
Magnet Technologies Private Limited is audited by SURESH K SUBRAHMANYAM & ASSOCIATES for the financial year 2020. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SURESH K SUBRAHMANYAM & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history for Magnet Technologies Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Magnet Technologies Private Limited
Magnet Technologies Private Limited is currently managed by 2 directors, with 4 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 |
|---|---|---|---|---|
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Haribabu Ramakrishnan
Also directs:
Aurum Mine Supply Llp, Neo Neem Extractions Private Limited, Gourmet Logistics Private Limited and 3 more
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Director | 30 Aug 2021 | 4 Years 11 Months | As last reported |
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Nirav Vinodbhai Mehta
Also directs:
Store Apps Technologies Llp, Leapven Solutions Private Limited
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Director | 28 May 1999 | 27 Years 2 Months | As last reported |
Financials of Magnet Technologies Private Limited FY 2022 filings available
Magnet Technologies Private Limited reported revenue of ₹35,649 (down 95.00% YoY) for FY 2022.
Ten-year financial statements for Magnet Technologies Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Magnet Technologies Private Limited
Shareholding and ownership data for Magnet Technologies Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings Magnet Technologies Private Limited
Magnet Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Magnet Technologies Private Limited
Magnet Technologies Private Limited has a workforce of 0 employees as of Apr 08, 2024.
Employee and EPFO history for Magnet Technologies 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
Verified entity values are shown only after access is granted.
GST Compliance of Magnet Technologies Private Limited
GST registrations and filing compliance for Magnet Technologies 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 Technologies Private Limited
Credit ratings, litigation, and regulatory alerts for Magnet Technologies 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 Technologies Private Limited
MSME payment history for Magnet Technologies 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 Technologies Private Limited
Corporate group structure for Magnet Technologies 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
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Magnet Technologies Private Limited
MCA filings and documents for Magnet Technologies 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 Technologies Private Limited
Frequently Asked Questions about Magnet Technologies Private Limited
Magnet Technologies Private Limited has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Magnet Technologies Private Limited is a struck-off private limited company in the information technology sector based in Mumbai, Maharashtra, India. It was incorporated on 28 May 1999 and is registered under CIN U72900MH1999PTC120090. The company has been struck off by the Registrar of Companies and is no longer operational.
The current directors of Magnet Technologies Private Limited are:
- Haribabu Ramakrishnan - Director
- Nirav Vinodbhai Mehta - Director
The CIN (Corporate Identification Number) of Magnet Technologies Private Limited is U72900MH1999PTC120090. 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 Technologies Private Limited is information technology. The company specifically operates in software development and support services. The company was active in this sector before being struck off.
The company has its registered office at 126 1St Floor Raghuleela Mega Mall S.V. Road Kandivali West, Mumbai, Maharashtra, India – 400067.