About Magnetic Solutions Private Limited
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Magnetic Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the metalworking segment of the metals and mining sector. It was incorporated on 07 January 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28910MH2013PTC239389. Its GSTIN is 27AAICM3692F1Z8 (Maharashtra).
The company has an authorised share capital of ₹8 Lakh and a paid-up capital of ₹8 Lakh. It is led by directors including Supriya Vidyadhar Velhal and Gautami Velhal Vidyadhar.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.94 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net profit of ₹4.5 Lakh (net margin 0.9%) and EBITDA of ₹31.2 Lakh (EBITDA margin 6.3%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹1 Cr 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 potmagnets.in.
Company details
Contact details
Magnetic Solutions Private Limited's registered office is in Mumbai, Maharashtra. Its website is potmagnets.in. Its e-mail address is in the company report.
- Email
- Website
- Registered Address201 B Wing Sarita II Prabhat Industrial Estate Near Toll Naka W E Highway Dahisar (Ea, St), Mumbai, Maharashtra, India – 400068
- IndustryMetal & Minerals, Metalworking
To see the full contact details of Magnetic Solutions Private Limited, buy the company report.
- 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
Business activity
The main business activity of Magnetic Solutions is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Magnetic Solutions Private Limited, buy the company report.
Financials of Magnetic Solutions Private Limited
FY 2025 filings availableMagnetic Solutions Private Limited reported revenue of ₹4.94 Cr (down 23% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 23% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 9% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹31.2 Lakh | ||||
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| Net Profit (PAT) | ₹4.5 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 6.3% | ||||
| Net Profit Margin | 0.9% | ||||
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To see the full financial statements and ratios of Magnetic Solutions Private Limited, buy the company report.
Board of directors of Magnetic Solutions Private Limited
Magnetic Solutions has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Supriya Vidyadhar Velhal | Director | 07 Jan 2013 | 13 Years 9 Months | Current |
| Gautami Velhal Vidyadhar | Director | 07 Jan 2013 | 13 Years 9 Months | Current |
| Vidyadhar Eknath Velhal | Director | 07 Jan 2013 | 13 Years 9 Months | Current |
Peer comparison
Magnetic Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Om Darshan Speciality Surfaces Private Limited | ₹4.95 Cr (FY 2025) | -13.0% | Palghar, Maharashtra, India | |||
| Supersonic Weld Equipments Private Limited | ₹4.95 Cr (FY 2025) | 88.0% | New Delhi, Delhi, India | |||
| Mayank Vidut Udyog Private Limited | ₹4.95 Cr (FY 2025) | -73.0% | Delhi, India | |||
| Benara Overseas Limited | ₹4.94 Cr (FY 2016) | -40.0% | Uttar Pradesh, India | |||
| Durga Re-Rolling Mills Private Limited | ₹4.94 Cr (FY 2025) | -68.0% | Mumbai, Maharashtra, India | |||
| Magnetic Solutions Private Limitedthis company | ₹4.94 Cr (FY 2025) | ₹4.5 Lakh | 0.9% | -23.0% | Mumbai, Maharashtra, India | |
| Newton Engineering and Chemicals Limited | ₹4.94 Cr (FY 2024) | 2.0% | Vadodara, Gujarat, India | |||
| Steelco Gujarat Limited | ₹4.94 Cr (FY 2025) | 36.0% | Bharuch, Gujarat, India | |||
| Shakumbhari Alloys Steel Private Limited | ₹4.94 Cr (FY 2025) | -47.0% | Kanpur, Uttar Pradesh, India | |||
| M B Casting Private Limited | ₹4.93 Cr (FY 2024) | -77.0% | Jaipur, Rajasthan, India | |||
| Bisen Aerospace Private Limited | ₹4.93 Cr (FY 2024) | 2348.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Magnetic Solutions Private Limited, buy the company report.
Shareholding
The shareholding of Magnetic Solutions Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Magnetic Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Mar 2023 | 100702551 | Others | ₹50 Lakh | Open | |
| 20 Sep 2022 | 100617016 | Others | ₹50 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Magnetic Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Magnetic Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Magnetic Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICM3692F1Z8 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Magnetic Solutions Private Limited, buy the company report.
Recent activity
Magnetic Solutions Private Limited has 3 board changes on record since 2013: 3 appointments. The latest: Gautami Velhal Vidyadhar was appointed as Director on 07 Jan 2013.
Frequently asked questions
Magnetic Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in metalworking, within the metal and minerals industry. It was incorporated on 07 January 2013 (13+ years old) and is registered under CIN U28910MH2013PTC239389.
Magnetic Solutions has 3 current directors:
- Supriya Vidyadhar Velhal - Director
- Gautami Velhal Vidyadhar - Director
- Vidyadhar Eknath Velhal - Director
The latest financial statements of Magnetic Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Magnetic Solutions is 27AAICM3692F1Z8, registered in Maharashtra.
The CIN (Corporate Identification Number) of Magnetic Solutions is U28910MH2013PTC239389. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magnetic Solutions was incorporated on 07 January 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Magnetic Solutions by revenue are Om Darshan Speciality Surfaces Private Limited, Supersonic Weld Equipments Private Limited, Mayank Vidut Udyog Private Limited, Benara Overseas Limited, Durga Re-Rolling Mills Private Limited and 5 more, all in the same principal business activity (metal and metal products).
Gautami Velhal Vidyadhar was appointed as Director on 07 Jan 2013. Supriya Vidyadhar Velhal was appointed as Director on 07 Jan 2013. Vidyadhar Eknath Velhal was appointed as Director on 07 Jan 2013.
Magnetic Solutions can be reached through the website potmagnets.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Magnetic Solutions is at 201 B Wing Sarita II Prabhat Industrial Estate Near Toll Naka W E Highway Dahisar Ea, St, Mumbai, Maharashtra, India – 400068.
Magnetic Solutions operates in the metal and minerals industry, in the metalworking segment.