MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-04-0004324
Magnetar Trading Private Limited
Magnetar Trading Private Limited - trading in Harugeri, Karnataka, India. Directors, charges & compliance details.
Revenue · FY 2024
₹56.1 Lakh
▼ 94% YoY
Net loss · FY 2024
₹5.45 Lakh
Net margin -9.7%
EBITDA · FY 2024
-₹2.6 Lakh
EBITDA margin -4.6%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Magnetar Trading Private Limited
Data last updated:
Magnetar Trading Private Limited is a private limited company based in Harugeri, Karnataka, India. It operates in the specialised services segment of the trading and commerce sector. It was incorporated on 13 August 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51909KA2020PTC137190. Its GSTIN is 29AANCM6819K1ZP (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Padma Suresh Durur (Managing Director) and Nitin Jayoji Rao Kaslekar.
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 No. 2930/A Dharamatti Tc, Harugeri, Karnataka, India – 591220.
As per the financials filed for FY 2024, the company reported a revenue of ₹56.1 Lakh, a decline of 94% compared to the previous year. For the same year it recorded a net loss of ₹5.45 Lakh (net margin -9.7%) and EBITDA of -₹2.6 Lakh (EBITDA margin -4.6%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years.
Magnetar Trading Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-04-0004324).
Company details
CIN U51909KA2020PTC137190
Registration Number 137190
Incorporation Date 13 August 2020
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Small
Udyam Registration UDYAM-KR-04-0004324
Recognitions & Rankings of Magnetar Trading
Contact details
Magnetar Trading Private Limited's registered office is in Harugeri, Karnataka.
- Registered AddressNo. 2930/A Dharamatti Tc, Harugeri, Karnataka, India – 591220
- IndustryTrading, Specialty, Wholesale
Comprehensive company report
Magnetar Trading Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Magnetar Trading is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Magnetar Trading Private Limited, buy the company report.
Financials of Magnetar Trading Private Limited
FY 2025 filings availableMagnetar Trading Private Limited reported revenue of ₹56.1 Lakh (down 94% YoY) for FY 2024.
Revenue · FY 2024
₹56.1 Lakh ▼ 94%
Net loss · FY 2024
₹5.45 Lakh margin -9.7%
EBITDA · FY 2024
-₹2.6 Lakh margin -4.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 94%
3 years · compounded
▲ 15%
EBITDA CAGR growth
1 year
▼ 140%
3 years · compounded
▼ 107%
Revenue fell 94% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 15%. EBITDA fell 140% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | ||||
| EBITDA | -₹2.6 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹5.45 Lakh | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | ||||
| EBITDA Margin | -4.6% | |||
| Net Profit Margin | -9.7% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
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To see the full financial statements and ratios of Magnetar Trading Private Limited, buy the company report.
Board of directors of Magnetar Trading Private Limited
Magnetar Trading has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Padma Suresh Durur Also directs: Pepperific Hospitality Private Limited | Managing Director | 13 Aug 2020 | 6 Years 2 Months | Current |
| Nitin Jayoji Rao Kaslekar | Director | 13 Aug 2020 | 6 Years 2 Months | Current |
Legal cases
No court or tribunal cases involving Magnetar Trading Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Magnetar Trading Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Magnetar Trading has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AANCM6819K1ZP | Karnataka | Active | 01 Sep 2020 |
To see the full GST registrations and return filing status of Magnetar Trading Private Limited, buy the company report.
Recent activity
Magnetar Trading Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Nitin Jayoji Rao Kaslekar was appointed as Director on 13 Aug 2020.
AGM
Magnetar Trading Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Magnetar Trading Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Nitin Jayoji Rao Kaslekar was appointed as Director.
Appointed
Padma Suresh Durur was appointed as Managing Director.
Incorporation
13 Aug 2020
Magnetar Trading Private Limited was registered on 13 Aug 2020 with Roc Bangalore & aged 6 years 2 months as per MCA records.
Frequently asked questions
Magnetar Trading is an active private limited company based in Harugeri, Karnataka, India. The company works in specialty, within the trading industry. It was incorporated on 13 August 2020 (6+ years old) and is registered under CIN U51909KA2020PTC137190.
Magnetar Trading has 2 current directors:
- Padma Suresh Durur - Managing Director
- Nitin Jayoji Rao Kaslekar - Director
The latest financial statements of Magnetar Trading 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 FY 2021 are in the company report.
The GSTIN of Magnetar Trading is 29AANCM6819K1ZP, registered in Karnataka.
The CIN (Corporate Identification Number) of Magnetar Trading is U51909KA2020PTC137190. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magnetar Trading was incorporated on 13 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
Nitin Jayoji Rao Kaslekar was appointed as Director on 13 Aug 2020. Padma Suresh Durur was appointed as Managing Director on 13 Aug 2020.
Yes, Magnetar Trading is registered as a small enterprise under Udyam registration (number: UDYAM-KR-04-0004324).
The registered office of Magnetar Trading is at No. 2930A Dharamatti Tc, Harugeri, Karnataka, India – 591220.
Magnetar Trading operates in the trading industry, in the specialty segment.