Magnetic Infotech Private Limited, a active private limited company, was established on 24 March 2000 in Secunderabad, Telangana, India. Engaging in it consulting & support services within the information and communication sector, it holds CIN: U72200TG2000PTC034014. Registered under ROC Roc Hyderabad. it is unlisted. It has an authorized capital of ₹2.50 Cr and a paid-up capital of ₹2.10 Cr.
It upholds a compliant status. Employing 18 professional, Its leadership includes Praduymna Pravin Chitineni (Director), Vijaya Narasimha Rao (Managing Director). Past directors included Prabhaker Rao Miryala. It holds ₹1.07 M open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Plot No.8, Krishna Nagar, Wellington Road, Kakaguda Village,, Secunderabad, Telangana, 500015.
U72200TG2000PTC034014
034014
24 March 2000
₹2.50 Cr
₹2.10 Cr
Roc Hyderabad
Unlisted
Active
Explore comprehensive insights into Magnetic Infotech 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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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Praduymna Pravin Chitineni | Director | 05 Aug 2005 | Current |
| Vijaya Narasimha Rao | Managing Director | 16 Mar 2001 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Director | 31 Mar 2019 | Past |
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Magnetic Infotech Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 132.43% increase. The company also saw a substantial improvement in profitability, with a 157.52% increase in profit. The company's net worth Soared by an impressive increase of 19.25%.
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In 2023, Magnetic Infotech had a public holding of 71.43%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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₹1,067,000.00
₹0
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Nov 2002 | Andhra Bank | ₹1.07 M | Open |
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Magnetic Infotech has a workforce of 18 employees as of Apr 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Gain comprehensive insights into the Deals and Valuation data of Magnetic Infotech, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Magnetic Infotech's trajectory.
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The activity Magnetic Infotech Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.
Magnetic Infotech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad. was recorded as a recent event.
Progress on Praduymna Pravin Chitineni was appointed as a Director was appointed as a Director on 05 Aug 2005 & has been associated with this company since 20 years 4 months . was documented.
Progress on A charge with Andhra Bank amounted to Rs. 0.11 Cr with Charge ID 90128271 was registered on 15 Nov 2002. was documented.
Progress on Vijaya Narasimha Rao was appointed as a Managing Director was appointed as a Managing Director on 16 Mar 2001 & has been associated with this company since 24 years 9 months . was documented.
Progress on Magnetic Infotech Private Limited was registered on 24 Mar 2000 with Roc Hyderabad & aged 25 years 8 months as per MCA records. was documented.
The CIN of Magnetic Infotech Private Limited is U72200TG2000PTC034014.
Magnetic Infotech Private Limited is headquartered at Plot No.8, Krishna Nagar, Wellington Road, Kakaguda Village,, Secunderabad, Telangana, 500015.
Magnetic Infotech Private Limited was incorporated on 24 March 2000.
The current directors of Magnetic Infotech Private Limited are
The primary industry of Magnetic Infotech Private Limited is Information And Communication.
Magnetic Infotech Private Limited is unlisted.
The authorized capital of Magnetic Infotech Private Limited is ₹2.50 Cr, and the paid-up capital is ₹2.10 Cr.
The compliance status of Magnetic Infotech Private Limited is Compliant.
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