Magnetic Vintrade Private Limited
About Magnetic Vintrade Private Limited
Data last updated:
Magnetic Vintrade Private Limited was a private limited company based in Nagpur, Maharashtra, India, operated as a subsidiary of Rohit Iron And Steel (India) Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the food and beverage distribution segment of the food and beverages sector. It was incorporated on 18 May 2010.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2010PTC377640.
The company had an authorised share capital of ₹4 Lakh and a paid-up capital of ₹4 Lakh. It was led by directors Nandkishore Ramkumar Kankani and Sumati Rohit Agrawal.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at 142 Sfa Kalmana Road, Nagpur, Maharashtra, India – 440008.
As per the financials filed for FY 2024, the company reported a revenue of ₹28,600, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹1,062 (net margin 3.7%) and EBITDA of ₹1,062 (EBITDA margin 3.7%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 5% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
Company details
CIN history
Magnetic Vintrade has one previous CIN (Corporate Identification Number): U51909WB2010PTC148226. The current CIN is U51909MH2010PTC377640, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909MH2010PTC377640 | Current |
| U51909WB2010PTC148226 | Previous |
Contact details
Magnetic Vintrade Private Limited's registered office is in Nagpur, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address142 Sfa Kalmana Road, Nagpur, Maharashtra, India – 440008
- IndustryFood and Beverages, Food & Beverage Retail & Distribution
To see the full contact details of Magnetic Vintrade 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 Vintrade is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Magnetic Vintrade Private Limited, buy the company report.
Financials of Magnetic Vintrade Private Limited
FY 2024 filings availableMagnetic Vintrade Private Limited reported revenue of ₹28,600 (up 3% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 3% growth in the latest year. EBITDA fell 74% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1,062 | ||||
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| Net Profit (PAT) | ₹1,062 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.7% | ||||
| Net Profit Margin | 3.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Magnetic Vintrade Private Limited, buy the company report.
Board of directors of Magnetic Vintrade Private Limited
Magnetic Vintrade 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 |
|---|---|---|---|---|
| Nandkishore Ramkumar Kankani | Director | 24 Mar 2017 | 9 Years 7 Months | As last reported |
| Sumati Rohit Agrawal Also directs: Indo Green-Revolution Limited, Sungod Agfarm LLP, Rohit Iron and Steel (India) Private Limited and 2 more | Director | 12 Dec 2020 | 5 Years 10 Months | As last reported |
Auditor
Magnetic Vintrade Private Limited is audited by PRITTI AGRAWAL & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRITTI AGRAWAL & CO. | FY 2023 | 156104W |
Shareholding
The shareholding of Magnetic Vintrade Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Magnetic Vintrade Private Limited, buy the company report.
Legal cases
Magnetic Vintrade Private Limited has 1 court case on record: 1 filed by Magnetic Vintrade. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Magnetic Vintrade Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Magnetic Vintrade Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Magnetic Vintrade Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Magnetic Vintrade Private Limited has 12 board changes on record since 2010: 2 appointments and 10 cessations. The latest: Sumati Rohit Agrawal ceased to be Additional Director on 26 Nov 2021.
3 earlier events are in the company report.
Frequently asked questions
Magnetic Vintrade has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Magnetic Vintrade was a private limited company based in Nagpur, Maharashtra, India. The company worked in food and beverage retail and distribution, within the food and beverages industry. It was incorporated on 18 May 2010 and is registered under CIN U51909MH2010PTC377640. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Magnetic Vintrade was incorporated on 18 May 2010. It is registered with the Registrar of Companies, Mumbai.
Magnetic Vintrade had 2 directors:
- Nandkishore Ramkumar Kankani - Director
- Sumati Rohit Agrawal - Director
The CIN (Corporate Identification Number) of Magnetic Vintrade is U51909MH2010PTC377640. 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 Vintrade is at 142 Sfa Kalmana Road, Nagpur, Maharashtra, India – 440008.
The latest financial statements of Magnetic Vintrade on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2024. Year-wise statements from 2015 are in the company report.
Magnetic Vintrade operated in the food and beverages industry, in the food and beverage retail and distribution segment.
Magnetic Vintrade has 1 court case on record: 1 filed by the company.
Sumati Rohit Agrawal ceased to be Additional Director on 26 Nov 2021. Satyanarayan Agrawal ceased to be Director on 01 Jan 2021. Sumati Rohit Agrawal was appointed as Director on 12 Dec 2020. Magnetic Vintrade has 12 board changes on record in total.
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