Magnetic Infotech (Data Processing) Private Limited
About Magnetic Infotech (Data Processing) Private Limited
Data last updated:
Magnetic Infotech (Data Processing) Private Limited was a private limited company based in Hyderabad, Telangana, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 15 October 2008.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72300TG2008PTC061407.
The company had an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Venkata Rama Krishna Rao Rao and Vijaya Narasimha Rao.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at Plot No.24 Nagarjuna Hills Panjagutta, Hyderabad, Telangana, India – 500082.
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- Registered AddressPlot No.24 Nagarjuna Hills Panjagutta, Hyderabad, Telangana, India – 500082
- IndustryInformation Technology, IT Consulting & Support Services
- 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
Financials of Magnetic Infotech (Data Processing) Private Limited FY 2017 filings available
Financial Statement Summary of Magnetic Infotech (Data Processing) Private Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• |
| 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 Magnetic Infotech (Data Processing) Private Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• |
| 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 Magnetic Infotech (Data Processing) 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.
Auditor Details of Magnetic Infotech (Data Processing) Private Limited
Magnetic Infotech (Data Processing) Private Limited is audited by K K CHOUDARY ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K K CHOUDARY ASSOCIATES | 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 Magnetic Infotech (Data Processing) Private Limited
Magnetic Infotech (Data Processing) has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkata Rama Krishna Rao Rao Also directs: Bizbrain Technology Solutions Private Limited | Director | 15 Oct 2008 | 17 Years 11 Months | As last reported |
| Vijaya Narasimha Rao Also directs: Magnetic Infotech Private Limited | Director | 15 Oct 2008 | 17 Years 11 Months | As last reported |
Ownership and Shareholding of Magnetic Infotech (Data Processing) 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 Magnetic Infotech (Data Processing) Private Limited
Magnetic Infotech (Data Processing) Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Magnetic Infotech (Data Processing) Private Limited
Employment history and EPFO contributions of people linked to Magnetic Infotech (Data Processing).
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.
CIN History of Magnetic Infotech (Data Processing) Private Limited
Magnetic Infotech (Data Processing) has one previous CIN (Corporate Identification Number): U72300AP2008PTC061407. The current CIN is U72300TG2008PTC061407, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72300TG2008PTC061407 | Current |
| U72300AP2008PTC061407 | Previous |
Recent Activity on Magnetic Infotech (Data Processing) Private Limited
Magnetic Infotech (Data Processing) Private Limited has 2 board changes on record since 2008: 2 appointments. The latest: Venkata Rama Krishna Rao Rao was appointed as Director on 15 Oct 2008.
Credit Ratings, Litigation & Regulatory Alerts for Magnetic Infotech (Data Processing) 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 Magnetic Infotech (Data Processing) 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 Magnetic Infotech (Data Processing) 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 Magnetic Infotech (Data Processing) Private Limited
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 Magnetic Infotech (Data Processing) 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 Magnetic Infotech (Data Processing) Private Limited
Magnetic Infotech (Data Processing) has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Magnetic Infotech (Data Processing) was a private limited company based in Hyderabad, Telangana, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 15 October 2008 and is registered under CIN U72300TG2008PTC061407. The company has been struck off by the Registrar of Companies and is no longer operational.
Magnetic Infotech (Data Processing) had 2 directors:
- Venkata Rama Krishna Rao Rao - Director
- Vijaya Narasimha Rao - Director
The CIN (Corporate Identification Number) of Magnetic Infotech (Data Processing) is U72300TG2008PTC061407. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Magnetic Infotech (Data Processing) is at Plot No.24 Nagarjuna Hills Panjagutta, Hyderabad, Telangana, India – 500082.
Magnetic Infotech (Data Processing) was incorporated on 15 October 2008. It is registered with the Registrar of Companies, Hyderabad.
Magnetic Infotech (Data Processing) has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh.
Magnetic Infotech (Data Processing) operated in the information technology industry, in the IT consulting and support services segment. It worked in this industry before it was struck off.
No. Magnetic Infotech (Data Processing) is not listed on any stock exchange. It is an unlisted company.
Venkata Rama Krishna Rao Rao was appointed as Director on 15 Oct 2008. Vijaya Narasimha Rao was appointed as Director on 15 Oct 2008.