Magnetic Properties Private Limited
About Magnetic Properties Private Limited
Data last updated:
Magnetic Properties Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 30 April 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70100MH2010PTC202604. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹70 Lakh and a paid-up capital of ₹66 Lakh. It is led by directors Rashmikant Mansukhlal Shah and Kevin Rajendrakumar Shah.
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 477 Babylon Building Adenwala Road Matunga, Mumbai, Maharashtra, India – 400019.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.95 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹33.77 Lakh (net margin 11.4%) and EBITDA of ₹1.25 Cr (EBITDA margin 42.3%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 95% over five years.
As per MCA filings, the company has open charges of ₹10.99 Cr and satisfied charges of ₹8.35 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address477 Babylon Building Adenwala Road Matunga, Mumbai, Maharashtra, India – 400019
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
Business Activity of Magnetic Properties Private Limited
The main business activity of Magnetic Properties is construction. In detail, this covers construction of buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | 41 | Construction of buildings | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Magnetic Properties Private Limited FY 2025 filings available
Magnetic Properties Private Limited reported revenue of ₹2.95 Cr (down 16% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Magnetic Properties Private Limited
Revenue fell 16% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 95%. EBITDA rose 10% 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 of Magnetic Properties Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹1.25 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹33.77 Lakh | •••• | •••• | •••• | •••• |
| 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 Properties Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 42.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 11.4% | •••• | •••• | •••• | •••• |
| 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 Properties 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.
Peer Comparison of Magnetic Properties Private Limited
Magnetic Properties Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nellai Krishna Construction Private Limited | ₹2.96 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Chennai, Tamil Nadu, India |
| Akhinta Enterprises Private Limited | ₹2.95 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Bengaluru, Karnataka, India |
| Klaus Union India Private Limited | ₹2.95 Cr (FY 2023) | •••• | •••• | 5.0% | •••• | Pune, Maharashtra, India |
| Marwan Reality and Constructions Private Limited | ₹2.95 Cr (FY 2025) | •••• | •••• | 91.0% | •••• | Bangalore, Karnataka, India |
| Sivaram Trading (India) Private Limited | ₹2.95 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Chennai, Tamil Nadu, India |
| Magnetic Properties Private Limited this company | ₹2.95 Cr (FY 2024) | •••• | •••• | -16.0% | •••• | Mumbai, Maharashtra, India |
| Assured Property Private Limited | ₹2.95 Cr (FY 2024) | •••• | •••• | -55.0% | •••• | Hyderabad, Telangana, India |
| 3 Aces Buildcon Private Limited | ₹2.95 Cr (FY 2025) | •••• | •••• | 7324589.0% | •••• | Bhopal, Madhya Pradesh, India |
| Kontemporary Real Estates Private Limited | ₹2.95 Cr (FY 2024) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| Gharonda Enterprises Private Limited | ₹2.95 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Amreli, Gujarat, India |
| Hemavatinandan Builders Private Limited | ₹2.95 Cr (FY 2025) | •••• | •••• | 983367.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Magnetic Properties by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Magnetic Properties Private Limited
Magnetic Properties Private Limited is audited by TRIPATHI AND COMPANY for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| TRIPATHI AND COMPANY | 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 Properties Private Limited
Magnetic Properties has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rashmikant Mansukhlal Shah Also directs: Orient Health Services LLP, Orient Laboratories Private Limited, Orient Healthcare Private Limited and 5 more | Additional Director | 15 Jan 2014 | 12 Years 8 Months | Current |
| Kevin Rajendrakumar Shah Also directs: Orient Laboratories Private Limited, Orient Healthcare Private Limited, Orient Premises Private Limited and 5 more | Additional Director | 20 Jan 2021 | 5 Years 8 Months | Current |
Ownership and Shareholding of Magnetic Properties 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 Properties Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Oct 2025 | Hdfc Bank Limited | ₹8.5 Lakh | Open |
| 15 May 2025 | Hdfc Bank Limited | ₹8.5 Lakh | Open |
| 26 Apr 2025 | Others | ₹82 Lakh | Open |
| 11 Apr 2025 | Others | ₹10 Cr | Open |
| 19 Mar 2020 | State Bank of India | ₹8.35 Cr | Satisfied |
Total charge records: 5 View all charges
Legal Cases of Magnetic Properties Private Limited
Magnetic Properties Private Limited has 2 court cases on record: 1 filed by Magnetic Properties, 1 filed against it. All cases are disposed. Status as checked between 21 Sep 2026 and 30 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| Supreme Court | 1 | 1 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against Income Tax Officer, Ward-7(2)(1), and 2 Ors | Disposed |
| Supreme Court | Special leave petition | Filed against the company by Income Tax Officer and 2 others | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Magnetic Properties Private Limited
Employment history and EPFO contributions of people linked to Magnetic Properties.
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.
Recent Activity on Magnetic Properties Private Limited
Magnetic Properties Private Limited has 12 board changes on record since 2010: 2 appointments and 10 cessations. The latest: Lopa Rashmikant Shah ceased to be Director on 01 Feb 2021.
10 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Magnetic Properties 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 Properties 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 Properties 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 Properties Private Limited
Magnetic Properties has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Properties 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 Properties Private Limited
Magnetic Properties is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 30 April 2010 (16+ years old) and is registered under CIN U70100MH2010PTC202604.
Magnetic Properties reported revenue of ₹2.95 Cr for FY 2024 (down 16% YoY).
Magnetic Properties has 2 current directors:
- Rashmikant Mansukhlal Shah - Additional Director
- Kevin Rajendrakumar Shah - Additional Director
Magnetic Properties reported a net profit of ₹33.77 Lakh (net margin 11.4%) and EBITDA of ₹1.25 Cr (EBITDA margin 42.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Magnetic Properties is 19% over three years and 95% over five years. In the latest year (FY 2024) revenue fell 16%. CAGR is the steady yearly rate that links the first and the last year.
No. Magnetic Properties has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Magnetic Properties is U70100MH2010PTC202604. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magnetic Properties has 2 court cases on record: 1 filed by the company and 1 filed against it. Most are in the supreme court.
Magnetic Properties was incorporated on 30 April 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Magnetic Properties by revenue are Nellai Krishna Construction Private Limited, Akhinta Enterprises Private Limited, Klaus Union India Private Limited, Marwan Reality and Constructions Private Limited, Sivaram Trading (India) Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Lopa Rashmikant Shah ceased to be Director on 01 Feb 2021. Kevin Rajendrakumar Shah was appointed as Additional Director on 20 Jan 2021. Kevin Rajendrakumar Shah ceased to be Additional Director on 18 Jul 2019. Magnetic Properties has 12 board changes on record in total.