About Magnetic Infotech Private Limited
Data last updated: 11 January 2026
Magnetic Infotech Private Limited is a private limited company based in Secunderabad, Telangana, India. It specialises in IT consulting and support services, a part of the broader technology and IT services sector. Incorporated on 24 March 2000, the company has been in operation for over 26 years.
Registered with ROC Hyderabad under CIN U72200TG2000PTC034014.
Capital: an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.1 Cr. It is led by directors Praduymna Pravin Chitineni and Vijaya Narasimha Rao.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Plot No.8 Krishna Nagar Wellington Road Kakaguda Village, Secunderabad, Telangana, India – 500015.
As per the financials filed for FY 2024, the company reported a revenue of ₹40.05 Cr, a growth of 29% compared to the previous year.
The company has a workforce of approximately 18 employees as per the latest available data.
The company is associated with 1 brand - Magnetic Infotech. As per MCA filings, the company has open charges of ₹10.67 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website magneticinfotech.com.
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Registered AddressPlot No.8 Krishna Nagar Wellington Road Kakaguda Village, Secunderabad, Telangana, India – 500015
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IndustryInformation Technology, IT Consulting & Support Services, Database Management & Solutions
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Magnetic Infotech Private Limited
Magnetic Infotech Private Limited has one previous CIN (Corporate Identification Number): U72200AP2000PTC034014. The current CIN is U72200TG2000PTC034014, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG2000PTC034014 | Current |
| U72200AP2000PTC034014 | Previous |
Associated Brands with Magnetic Infotech Private Limited
Magnetic Infotech Private Limited operates one associated brand: Magnetic Infotech. These brands represent Magnetic Infotech Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Offers software for examination digitization, recruitment, and end-to-end management services. | magneticinfotech.com |
Competitors & Alternatives of Magnetic Infotech Private Limited
Brands and companies operating in the same space as Magnetic Infotech Private Limited include Happiest Minds, Mavenir, 1&1 IONOS and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Happiest Minds
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IT outsourcing services are delivered across multiple business lines. | Bengaluru, India, India | 2011 |
Mavenir
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Multi-access edge networking computing platform is provided for mobile services. | Richardson, United States, United States | 2005 |
1&1 IONOS
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Cloud infrastructure and hosting services are provided by 1&1 IONOS. | Chesterbrook, United States, United States | 1988 |
Datamatics
|
Cloud-based text analytics and cognitive automation services are provided. | Mumbai, India, India | 1975 |
Genpact
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Provider of end-to-end business process outsourcing services | New York, United States, United States | 1997 |
NTT DATA
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Application development, cloud, cybersecurity, and business intelligence services are provided. | Koto City, Japan, Japan | 1967 |
Endava
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Endava is engaged in digital transformation and AI-driven solutions. | London, United Kingdom, United Kingdom | 2000 |
Accenture
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IT and management consultancy services are provided globally. | Dublin, Ireland, Ireland | 1989 |
UST
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High-quality office furniture is provided by UST for various needs. | Taiwan | 1998 |
Business Activity of Magnetic Infotech Private Limited
Magnetic Infotech Private Limited is engaged in the principal business activity of information and communication, with detailed activities including computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details for Magnetic Infotech Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Auditor Details of Magnetic Infotech Private Limited
Magnetic Infotech Private Limited is audited by K.K. CHOWDARY ASSOCIATES for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K.K. CHOWDARY ASSOCIATES | Locked | Locked | Locked |
Complete auditor history for Magnetic Infotech Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
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- Auditor changes
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Board of Directors of Magnetic Infotech Private Limited
Magnetic Infotech Private Limited is currently managed by 2 directors, with 1 former director having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Praduymna Pravin Chitineni | Director | 05 Aug 2005 | 21 Years 0 Months | Current |
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Vijaya Narasimha Rao
Also directs:
Magnetic Infotech Private Limited
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Managing Director | 16 Mar 2001 | 25 Years 5 Months | Current |
Financials of Magnetic Infotech Private Limited FY 2025 filings available
Magnetic Infotech Private Limited reported revenue of ₹40.05 Cr (up 29.00% YoY) for FY 2024.
Ten-year financial statements for Magnetic Infotech Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
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Ownership and Shareholding of Magnetic Infotech Private Limited
Shareholding and ownership data for Magnetic Infotech Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
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Charges & Borrowings of Magnetic Infotech Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Nov 2002 | Andhra Bank | ₹10.67 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Magnetic Infotech Private Limited
Magnetic Infotech Private Limited has a workforce of 18 employees as of Apr 04, 2024.
Employee and EPFO history for Magnetic Infotech Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
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GST Compliance of Magnetic Infotech Private Limited
GST registrations and filing compliance for Magnetic Infotech Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
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Credit Ratings, Litigation & Regulatory Alerts for Magnetic Infotech Private Limited
Credit ratings, litigation, and regulatory alerts for Magnetic Infotech Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Magnetic Infotech Private Limited
MSME payment history for Magnetic Infotech Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Magnetic Infotech Private Limited
Corporate group structure for Magnetic Infotech Private Limited
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- Parent company
- Subsidiaries and ownership
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MCA Filings & Documents of Magnetic Infotech Private Limited
MCA filings and documents for Magnetic Infotech Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Magnetic Infotech Private Limited
Frequently Asked Questions about Magnetic Infotech Private Limited
Magnetic Infotech Private Limited is an active private limited company in the information technology sector based in Secunderabad, Telangana, India. It was incorporated on 24 March 2000 (26+ years old) and is registered under CIN U72200TG2000PTC034014. The company has 18 employees.
Magnetic Infotech Private Limited reported revenue of ₹40.05 Cr for FY 2024 (up 29.00% YoY).
The current directors of Magnetic Infotech Private Limited are:
- Praduymna Pravin Chitineni - Director
- Vijaya Narasimha Rao - Managing Director
The primary industry of Magnetic Infotech Private Limited is information technology. The company specifically operates in IT consulting and support services. The company is currently active in this sector.
Magnetic Infotech Private Limited can be reached at the registered office: Plot No.8 Krishna Nagar Wellington Road Kakaguda Village, Secunderabad, Telangana, India – 500015, or through the website magneticinfotech.com.
The authorised capital is ₹2.5 Cr, and the paid-up capital is ₹2.1 Cr.