Magnetar Labs Private Limited - Company Profile

Q: Who are the current directors of Magnetar Labs Private Limited?

The current directors of Magnetar Labs Private Limited are Joydeep Sen Sarma, Sushmita Chowdhury.

It is a information technology private limited company based in Bangalore, Karnataka, India, established in 2021.

2021 Bangalore, Karnataka, India Active

Last Updated: December 22, 2025

About Magnetar Labs Private Limited

Magnetar Labs Private Limited, a active private limited company, was established on 21 May 2021 in Bangalore, Karnataka, India. Engaging in application development & software solutions within the information and communication sector, it holds CIN: U72900KA2021PTC147716. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹0.10 M.

Employing 23 professional, Its leadership includes Joydeep Sen Sarma (Director), Sushmita Chowdhury (Director). Past directors included Anannya Sengupta, Ankit Jain, Sushmita Chowdhury. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at No. 6033, Sobha Dahlia Apartments , Bellandur, Bangalore, Karnataka, 560103.

Company Details

CIN/LLPIN
U72900KA2021PTC147716
Registration Number
147716
Incorporation Date
21 May 2021
Authorized Capital
₹1.00 M
Paid-Up Capital
₹0.10 M
ROC Code
Roc Bangalore
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 1.00 M as on 22-12-2025
Paid Up Capital ₹ 0.10 M as on 22-12-2025
Company Age 4 Year, 8 Months
Last Filing with ROC 31 Mar 2024
Revenue Growth **** 176.50% (FY 2023)
Profit Growth **** 229.84% (FY 2023)
Ebitda **** 24869.50% (FY 2023)
Net Worth 305.60% (FY 2023)
Total Assets **** 52.66% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Magnetar Labs 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 Magnetar Labs Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Joydeep Sen Sarma	Director	21 May 2021	Current
Sushmita Chowdhury	Director	01 Dec 2024	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	09 Sep 2022	Past
Pramod Abcsdd	Additional Director	30 Sep 2022	Past
Pramod Abcsdd	Additional Director	29 Sep 2025	Past

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Financial Performance of Magnetar Labs.

Magnetar Labs Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 176.5% increase. The company also saw a substantial improvement in profitability, with a 229.84% increase in profit. The company's net worth Soared by an impressive increase of 305.6%.

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

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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

********

176.50%

*******

Revenue from Operations

*******

222.11%

*******

Total Assets

*******

52.66%

*******

Profit or Loss

*******

229.84%

*******

Net Worth

*******

305.60%

*******

EBITDA

*******

24869.50%

*******

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What is the Ownership and Shareholding Structure of Magnetar Labs?

In 2023, Magnetar Labs had a promoter holding of 0.01% and a public holding of 99.99%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

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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How Many Employees Work at Magnetar Labs?

Unlock and access historical data on people associated with Magnetar Labs, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

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Rating

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Alerts

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Latest Updates, News, and FAQs on Magnetar Labs

Recent Activity within the Organization

Director Appointment

Sushmita Chowdhury was appointed as a Director was appointed as a Director on 01 Dec 2024 & has been associated with this company since 1 year 2 months . was recorded as a recent event.
01 Dec 2024
Annual General Meeting

Progress on Magnetar Labs Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.
30 Sep 2024
Balance Sheet

Magnetar Labs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was recorded as a recent event.
31 Mar 2024
Director Appointment

Progress on Joydeep Sen Sarma was appointed as a Director was appointed as a Director on 21 May 2021 & has been associated with this company since 4 years 8 months . was documented.
21 May 2021
Company Incorporation

The activity Magnetar Labs Private Limited was registered on 21 May 2021 with Roc Bangalore & aged 4 years 8 months as per MCA records. was completed.
21 May 2021

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