About Magnetix Infosystems & Development Private Limited
Data last updated: 21 December 2025
Magnetix Infosystems & Development Private Limited is a private limited company based in Patna, Bihar, India, recognised as a startup by DPIIT. It specialises in IT consulting and support services, a part of the broader technology and IT services sector. Incorporated on 16 February 2018, the company has been in operation for over 8 years.
Registered with ROC Patna under CIN U74999BR2018PTC037160.
Capital: an authorised share capital of ₹60 Lakh and a paid-up capital of ₹57.5 Lakh. Formerly known as Magnet Infosystems & Development Private Limited and Madnetix Infosystems & Services Private Limited. It is led by directors including Majesh Raj and Nagendra Kumar.
Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: C/O Gangeshwari Devi D/O Late S.K.Singh 198 P.P.Colony Patliputra, Patna, Bihar, India – 800013.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.62 Cr, a decline of 67% compared to the previous year.
The company has a workforce of approximately 17 employees as per the latest available data.
The company is associated with 1 brand - Magnetix Infosystems. As per MCA filings, the company has open charges of ₹4.6 Cr on record.
For more details, the company can be reached via its website magnetixinfo.com.
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Registered AddressC/O Gangeshwari Devi D/O Late S.K.Singh 198 P.P.Colony Patliputra, Patna, Bihar, India – 800013
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IndustryInformation Technology, IT Consulting & Support Services
- 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
Name History of Magnetix Infosystems & Development Private Limited
Magnetix Infosystems & Development Private Limited has undergone 2 name changes throughout its history. The company was previously known as Magnet Infosystems & Development Private Limited, and Madnetix Infosystems & Services Private Limited. The current legal name is Magnetix Infosystems & Development Private Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Magnetix Infosystems & Development Private Limited | Current |
| Magnet Infosystems & Development Private Limited | Previous |
| Madnetix Infosystems & Services Private Limited | Previous |
Associated Brands with Magnetix Infosystems & Development Private Limited
Magnetix Infosystems & Development Private Limited operates one associated brand: MagNetix Infosystems. These brands represent Magnetix Infosystems & Development Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Provides cyber security, cloud computing, system integration, data analytics, and digital solutions to clients. | magnetixinfo.com |
Competitors & Alternatives of Magnetix Infosystems & Development Private Limited
Brands and companies operating in the same space as Magnetix Infosystems & Development Private Limited include Happiest Minds, Mavenir, GirnarSOFT 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 |
GirnarSOFT
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Provider of website, web & mobile application development, BI, and digital marketing services | Jaipur, India, India | 2007 |
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
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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 |
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 Magnetix Infosystems & Development Private Limited
Magnetix Infosystems & Development Private Limited is engaged in the principal business activity of professional, scientific and technical, with detailed activities including other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details for Magnetix Infosystems & Development Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
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Auditor Details of Magnetix Infosystems & Development Private Limited
Magnetix Infosystems & Development Private Limited is audited by ARVIND ARPAN & 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 |
|---|---|---|---|
| ARVIND ARPAN & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history for Magnetix Infosystems & Development Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
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Board of Directors of Magnetix Infosystems & Development Private Limited
Magnetix Infosystems & Development Private Limited is currently managed by 4 directors, with 2 former directors 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 |
|---|---|---|---|---|
| Majesh Raj | Managing Director | 16 Feb 2018 | 8 Years 5 Months | Current |
| Nagendra Kumar | Director | 29 Jun 2022 | 4 Years 0 Months | Current |
| Anil Kumar | Director | 16 Feb 2018 | 8 Years 5 Months | Current |
| Prem Kumar | Director | 16 Feb 2018 | 8 Years 5 Months | Current |
Financials of Magnetix Infosystems & Development Private Limited FY 2024 filings available
Magnetix Infosystems & Development Private Limited reported revenue of ₹9.62 Cr (down 67.00% YoY) for FY 2024.
Ten-year financial statements for Magnetix Infosystems & Development Private Limited
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Ownership and Shareholding of Magnetix Infosystems & Development Private Limited
Shareholding and ownership data for Magnetix Infosystems & Development Private Limited
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Charges & Borrowings of Magnetix Infosystems & Development Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Dec 2022 | State Bank of India | ₹4.6 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Magnetix Infosystems & Development Private Limited
Magnetix Infosystems & Development Private Limited has a workforce of 17 employees as of Apr 03, 2024.
Employee and EPFO history for Magnetix Infosystems & Development Private Limited
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GST Compliance of Magnetix Infosystems & Development Private Limited
GST registrations and filing compliance for Magnetix Infosystems & Development Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Magnetix Infosystems & Development Private Limited
Credit ratings, litigation, and regulatory alerts for Magnetix Infosystems & Development Private Limited
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MSME Payment Delays by Magnetix Infosystems & Development Private Limited
MSME payment history for Magnetix Infosystems & Development Private Limited
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Subsidiaries & Group Companies of Magnetix Infosystems & Development Private Limited
Corporate group structure for Magnetix Infosystems & Development Private Limited
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MCA Filings & Documents of Magnetix Infosystems & Development Private Limited
MCA filings and documents for Magnetix Infosystems & Development Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
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Recent Activity on Magnetix Infosystems & Development Private Limited
Frequently Asked Questions about Magnetix Infosystems & Development Private Limited
Magnetix Infosystems & Development Private Limited is an active private limited company in the information technology sector based in Patna, Bihar, India. It was incorporated on 16 February 2018 (8+ years old) and is registered under CIN U74999BR2018PTC037160. The company has 17 employees.
Magnetix Infosystems & Development Private Limited reported revenue of ₹9.62 Cr for FY 2024 (down 67.00% YoY).
The current directors of Magnetix Infosystems & Development Private Limited are:
- Majesh Raj - Managing Director
- Nagendra Kumar - Director
- Anil Kumar - Director
- Prem Kumar - Director
The primary industry of Magnetix Infosystems & Development Private Limited is information technology. The company specifically operates in IT consulting and support services. The company is currently active in this sector.
Yes, Magnetix Infosystems & Development Private Limited is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Magnetix Infosystems & Development Private Limited can be reached at the registered office: CO Gangeshwari Devi DO Late S.K.Singh 198 P.P.Colony Patliputra, Patna, Bihar, India – 800013, or through the website magnetixinfo.com.