About Magnet Telelinks Private Limited
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Magnet Telelinks Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 11 July 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2007PTC172240. Its GSTIN is 27AAFCM1436L1ZC (Maharashtra).
The company has an authorised share capital of ₹1.01 Cr and a paid-up capital of ₹1.01 Cr. It is led by directors Pallavi Sanjay Jain and Sanjay Babulal Jain.
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 Shop No 21 Chatrapati Shivaji Shopping Center M.G.Road Mulund – West, Mumbai, Maharashtra, India – 400080.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.4 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net loss of ₹79.34 Lakh (net margin -5.9%) and EBITDA of -₹62.14 Lakh (EBITDA margin -4.6%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 18% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Magnet Telelinks Pvt Ltd. As per MCA filings, the company has satisfied charges of ₹14.64 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website magnetretail.in.
Company details
Contact details
Magnet Telelinks Private Limited's registered office is in Mumbai, Maharashtra. Its website is magnetretail.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShop No 21 Chatrapati Shivaji Shopping Center M.G.Road Mulund – West, Mumbai, Maharashtra, India – 400080
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Magnet Telelinks 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
Brands
Magnet Telelinks operates one associated brand: Magnet Telelinks Pvt Ltd. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Electronics retail, dealing in mobile phones and accessories in Mumbai. | magnetretail.in |
Business activity
The main business activity of Magnet Telelinks 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 Telelinks Private Limited, buy the company report.
Financials of Magnet Telelinks Private Limited
FY 2025 filings availableMagnet Telelinks Private Limited reported revenue of ₹13.4 Cr (down 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 18% over five years, including a 18% fall in the latest year. EBITDA rose 11% 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 | -₹62.14 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹79.34 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -4.6% | ||||
| Net Profit Margin | -5.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Magnet Telelinks Private Limited, buy the company report.
Board of directors of Magnet Telelinks Private Limited
Magnet Telelinks has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pallavi Sanjay Jain Also directs: Ray Technologies Global Private Limited | Director | 11 Jul 2007 | 19 Years 3 Months | Current |
| Sanjay Babulal Jain Also directs: Ray Technologies Global Private Limited | Director | 11 Jul 2007 | 19 Years 3 Months | Current |
Peer comparison
Magnet Telelinks Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), 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 |
|---|---|---|---|---|---|---|
| Mukul Paper and Chemicals Pvt.Ltd. | ₹13.42 Cr (FY 2025) | -36.0% | Haryana, India | |||
| Magnet Telelinks Private Limitedthis company | ₹13.4 Cr (FY 2025) | -₹79.34 Lakh | -5.9% | -18.0% | 7 | Mumbai, Maharashtra, India |
| Ubm Autopower Private Limited | ₹13.38 Cr (FY 2025) | -39.0% | Bangalore, Karnataka, India | |||
| Senkush Traders Private Limited | ₹13.33 Cr (FY 2025) | 67.0% | Sriperumbudur, Tamil Nadu, India |
To see the full peer comparison of Magnet Telelinks Private Limited, buy the company report.
Auditor
Magnet Telelinks Private Limited is audited by ANAND MUKUL ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANAND MUKUL ASSOCIATES | FY 2023 | 115985W |
Shareholding
The shareholding of Magnet Telelinks Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Magnet Telelinks Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Mar 2018 | 100189920 | Others | ₹5.95 Cr | Satisfied | |
| 28 Jul 2015 | 10590003 | Thane Bharat Sahakari Bank Limited | ₹1.29 Cr | Satisfied | |
| 24 Feb 2010 | 10207009 | Thane Bharat Sahakari Bank Ltd | ₹7.35 Cr | Satisfied | |
| 19 Dec 2007 | 10080869 | Others | ₹5 Lakh | Satisfied |
To see the full charge records of Magnet Telelinks Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Magnet Telelinks Private Limited has 2 court cases on record: 1 filed by Magnet Telelinks, 1 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss case SS) | Filed by the company against an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss case SS) | Filed against the company by an individual | Disposed |
To see the full case history of Magnet Telelinks Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Magnet Telelinks Private Limited has 11 MSME Form 1 returns on record between 2019 and 2023, listing 239 overdue payments to 18 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 18)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Pine Labs Limited. | |||
| an individual supplier | |||
| an individual supplier | |||
| United Telelinks(Bangalore)Limited | |||
| Radiowalla Network Limited |
To see the full MSME payment records of Magnet Telelinks Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Magnet Telelinks Private Limited has a workforce of 7 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Magnet Telelinks has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCM1436L1ZC | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Magnet Telelinks Private Limited, buy the company report.
Recent activity
Magnet Telelinks Private Limited has 2 board changes on record since 2007: 2 appointments. The latest: Pallavi Sanjay Jain was appointed as Director on 11 Jul 2007.
2 earlier events are in the company report.
Frequently asked questions
Magnet Telelinks is an active private limited company based in Mumbai, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 11 July 2007 (19+ years old) and is registered under CIN U72900MH2007PTC172240.
Magnet Telelinks has 2 current directors:
- Pallavi Sanjay Jain - Director
- Sanjay Babulal Jain - Director
The latest financial statements of Magnet Telelinks 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 2015 are in the company report.
The GSTIN of Magnet Telelinks is 27AAFCM1436L1ZC, registered in Maharashtra.
The CIN (Corporate Identification Number) of Magnet Telelinks is U72900MH2007PTC172240. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magnet Telelinks has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending.
Magnet Telelinks was incorporated on 11 July 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Magnet Telelinks by revenue are Mukul Paper and Chemicals Pvt.Ltd, Ubm Autopower Private Limited, Senkush Traders Private Limited, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading).
Pallavi Sanjay Jain was appointed as Director on 11 Jul 2007. Sanjay Babulal Jain was appointed as Director on 11 Jul 2007.
Magnet Telelinks has 11 MSME Form 1 returns on record between 2019 and 2023, listing 239 overdue payments to 18 micro and small suppliers. The latest return was filed on 31 Aug 2023.
Magnet Telelinks can be reached through the website magnetretail.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Magnet Telelinks is at Shop No 21 Chatrapati Shivaji Shopping Center M.G.Road Mulund – West, Mumbai, Maharashtra, India – 400080.
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