Magnetar Technocast Private Limited
About Magnetar Technocast Private Limited
Data last updated:
Magnetar Technocast Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the die casting and metal forming segment of the manufacturing sector. It was incorporated on 26 February 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U28113GJ2015PTC082415. Its GSTIN is 24AAVCS5157Q1ZC (Gujarat).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹48.5 Lakh. It was formerly known as Shree Brahmani Technocast Private Limited. It is led by directors including Meenaben Shaileshbhai Khokhar (Whole-Time Director) and Navinkumar Tapubhai Santoki.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Rajkot, Gujarat.
As per the financials filed for FY 2022, the company reported a revenue of ₹5.28 Cr, a growth of 62% compared to the previous year. For the same year it recorded a net profit of ₹27.09 Lakh (net margin 5.1%) and EBITDA of -₹40.46 Lakh (EBITDA margin -7.7%). Revenue has grown at a compounded annual rate (CAGR) of 69% over three years.
As per MCA filings, the company has open charges of ₹2.5 Cr on record. Court records list 5 cases involving the company, including 5 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressSurvey No. 57/1 Plot No. 11 12 13 Nr. Ribda Railway Station Village – Ribda Taluka, Gondal, Rajkot, Gujarat, India – 360311
- IndustryManufacturing, Die Casting & Metal Forming
- 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
- One PDF report, delivered after checkout
Business Activity of Magnetar Technocast Private Limited
The main business activity of Magnetar Technocast is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Magnetar Technocast Private Limited FY 2022 filings available
Magnetar Technocast Private Limited reported revenue of ₹5.28 Cr (up 62% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Magnetar Technocast Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 69% over three years, including 62% growth in the latest year. EBITDA fell 181% 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 of Magnetar Technocast Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹5.28 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹40.46 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹27.09 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Magnetar Technocast Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -7.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.1% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Magnetar Technocast are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Magnetar Technocast Private Limited
Magnetar Technocast Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Die Casting). Its own revenue is ₹5.28 Cr.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aspo Technocast Private Limited | ₹5.34 Cr | •••• | •••• | •••• | - | Rajkot, Gujarat, India |
| Zanshin DSM Moulds Private Limited | ₹5.33 Cr | •••• | •••• | •••• | - | Rewari, Haryana, India |
| FCG Foundry Private Limited | ₹5.33 Cr | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Chandana Castings Private Limited | ₹5.3 Cr | •••• | •••• | •••• | - | Kallakal Village, Telangana, India |
| Meenasha Castings Private Limited | ₹5.28 Cr | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Magnetar Technocast Private Limited this company | ₹5.28 Cr | •••• | •••• | •••• | - | Rajkot, Gujarat, India |
| Maxop Synergies Private Limited | ₹5.27 Cr | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Sun Precisioncast Private Limited | ₹5.26 Cr | •••• | •••• | •••• | - | Baroda, Gujarat, India |
| Siddhi Steels Private Limited | ₹5.24 Cr | •••• | •••• | •••• | 28 | Changodar, Gujarat, India |
| Nilesh Founders & Engineers Private Limited | ₹5.24 Cr | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Sravanti Alloy Castings Private Limited | ₹5.2 Cr | •••• | •••• | •••• | - | Sangareddy, Telangana, India |
Peers are the five companies nearest above and the five nearest below Magnetar Technocast by revenue in the Manufacturing industry (Die Casting), from the latest filed financials of each company. Net profit, margin and growth of each peer are in the company report.
Auditor Details of Magnetar Technocast Private Limited
Magnetar Technocast Private Limited is audited by DODIYA MEHTA & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DODIYA MEHTA & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Magnetar Technocast Private Limited
Magnetar Technocast has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Meenaben Shaileshbhai Khokhar | Whole-Time Director | 25 Feb 2017 | 9 Years 7 Months | Current |
| Navinkumar Tapubhai Santoki | Director | 21 Jun 2019 | 7 Years 3 Months | Current |
| Rasikbhai Tapubhai Santoki Also directs: Shaakar Engineering Services Private Limited | Director | 21 Jun 2019 | 7 Years 3 Months | Current |
Ownership and Shareholding of Magnetar Technocast Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Magnetar Technocast Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Apr 2017 | Others | ₹2.5 Cr | Open |
Total charge records: 1 View all charges
Legal Cases of Magnetar Technocast Private Limited
Magnetar Technocast Private Limited has 5 court cases on record: 5 filed against it. All cases are disposed. Status as checked on 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, RAJKOT, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, RAJKOT, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, RAJKOT, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, RAJKOT, Gujarat | Criminal complaint | Filed against the company by Bda Industrial Resourses Pvt. Ltd | Disposed |
| District court, RAJKOT, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
Full case history
All 5 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Magnetar Technocast Private Limited
Employment history and EPFO contributions of people linked to Magnetar Technocast.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Magnetar Technocast Private Limited
Magnetar Technocast Private Limited has 10 board changes on record since 2017: 3 appointments and 7 cessations. The latest: Jivani Mayurkumar ceased to be Director on 21 Jul 2022.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Magnetar Technocast Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Magnetar Technocast Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Magnetar Technocast Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Magnetar Technocast Private Limited
Magnetar Technocast has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAVCS5157Q1ZC | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Magnetar Technocast Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Magnetar Technocast Private Limited
Magnetar Technocast is an active private limited company based in Rajkot, Gujarat, India. The company works in die casting and metal forming, within the manufacturing industry. It was incorporated on 26 February 2015 (11+ years old) and is registered under CIN U28113GJ2015PTC082415.
Magnetar Technocast reported revenue of ₹5.28 Cr for FY 2022 (up 62% YoY).
Magnetar Technocast has 3 current directors:
- Meenaben Shaileshbhai Khokhar - Whole-Time Director
- Navinkumar Tapubhai Santoki - Director
- Rasikbhai Tapubhai Santoki - Director
Magnetar Technocast reported a net profit of ₹27.09 Lakh (net margin 5.1%) and EBITDA of -₹40.46 Lakh (EBITDA margin -7.7%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Magnetar Technocast is 69% over three years. In the latest year (FY 2022) revenue rose 62%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Magnetar Technocast is 24AAVCS5157Q1ZC, registered in Gujarat.
The CIN (Corporate Identification Number) of Magnetar Technocast is U28113GJ2015PTC082415. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magnetar Technocast has 5 court cases on record: 5 filed against it.
Magnetar Technocast was incorporated on 26 February 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Magnetar Technocast by revenue are Aspo Technocast Private Limited, Zanshin DSM Moulds Private Limited, FCG Foundry Private Limited, Chandana Castings Private Limited, Meenasha Castings Private Limited and 5 more, all in the Manufacturing industry (Die Casting).
Jivani Mayurkumar ceased to be Director on 21 Jul 2022. Pushpaben Harishbhai Kalavadiya ceased to be Director on 21 Jul 2022. Sangita Hitendrabhai Bhimani ceased to be Director on 21 Jul 2022. Magnetar Technocast has 10 board changes on record in total.