Magnetic Applications Private Limited - Company Profile

It is a electrnoics private limited company based in New Delhi, Delhi, India, established in 2024.
2024 New Delhi, Delhi, India Active
Last Updated:
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About Magnetic Applications Private Limited

Magnetic Applications Private Limited, a active private limited company, was established on 04 January 2024 in New Delhi, Delhi, India. Engaging in home appliance within the electrnoics sector, it holds CIN: U29304DL2024PTC424866. Registered under ROC Roc Delhi I. it is unlisted. It has an authorized capital of ₹0.10 M and a paid-up capital of ₹50.00 K .

Its leadership includes Mahesh Mahawer (Director), Harpreet Singh (Director), Satpal Singh Suri (Director). It is based at Plot No.A-42-A,2Nd Floor,, Kh.No. 177,Indra Park, New Delhi, Delhi, 110043.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U29304DL2024PTC424866

  • Registration Number

    424866

  • Incorporation Date

    04 January 2024

  • Authorized Capital

    ₹0.10 M

  • Paid-Up Capital

    ₹50.00 K

  • ROC Code

    Roc Delhi I

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 50.00 K
  • Company Age 2 Year, 1 Month
Company report

Magnetic Applications Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

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Who are the key members and board of directors at Magnetic Applications Private Limited?
Current Directors
Name Designation Appointment Date Status
Mahesh Mahawer Director 04 Jan 2024 Current
Harpreet Singh Director 04 Jan 2024 Current
Satpal Singh Suri Director 04 Jan 2024 Current
Manan Mahawer Director 04 Jan 2024 Current
Rajneesh Wadhwa Director 04 Jan 2024 Current
Hemant Kumar Gupta Director 04 Jan 2024 Current

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Financial Performance of Magnetic Applications.

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Magnetic Applications revenue growth over time
Magnetic Applications profit and loss trends over time
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
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
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What is the Ownership and Shareholding Structure of Magnetic Applications?

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Shareholding Pattern (FY 2024)
shareholding
  • 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 Magnetic Applications?

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Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

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Rating
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Alerts
Alert Indicator

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Latest Updates, News, and FAQs on Magnetic Applications
Recent Activity within the Organization
  • Director Appointment

    The activity Mahesh Mahawer was appointed as a Director was appointed as a Director on 04 Jan 2024 & has been associated with this company since 2 years 1 month . was completed.

  • Director Appointment

    Progress on Harpreet Singh was appointed as a Director was appointed as a Director on 04 Jan 2024 & has been associated with this company since 2 years 1 month . was documented.

  • Director Appointment

    Satpal Singh Suri was appointed as a Director was appointed as a Director on 04 Jan 2024 & has been associated with this company since 2 years 1 month . was recorded as a recent event.

  • Director Appointment

    The activity Manan Mahawer was appointed as a Director was appointed as a Director on 04 Jan 2024 & has been associated with this company since 2 years 1 month . was completed.

  • Director Appointment

    Rajneesh Wadhwa was appointed as a Director was appointed as a Director on 04 Jan 2024 & has been associated with this company since 2 years 1 month . was recorded as a recent event.

  • Company Incorporation

    Magnetic Applications Private Limited was registered on 04 Jan 2024 with Roc Delhi I & aged 2 years 1 month as per MCA records. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Magnetic Applications Private Limited?

The CIN of Magnetic Applications Private Limited is U29304DL2024PTC424866.

Where is Magnetic Applications Private Limited headquartered?

Magnetic Applications Private Limited is headquartered at Plot No.A-42-A,2Nd Floor,, Kh.No. 177,Indra Park, New Delhi, Delhi, 110043.

When was Magnetic Applications Private Limited incorporated?

Magnetic Applications Private Limited was incorporated on 04 January 2024.

Who are the current directors of Magnetic Applications Private Limited?

The current directors of Magnetic Applications Private Limited are

What is the primary industry of Magnetic Applications Private Limited?

The primary industry of Magnetic Applications Private Limited is Electrnoics.

Is Magnetic Applications Private Limited a listed company?

Magnetic Applications Private Limited is unlisted.

What is the capital structure of Magnetic Applications Private Limited?

The authorized capital of Magnetic Applications Private Limited is ₹0.10 M, and the paid-up capital is ₹50.00 K .

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