MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-MH-19-0128360
Magnetize Design and Technology Private Limited
Magnetize Design and Technology Private Limited - information technology in Mumbai, Maharashtra, India. Directors, charges & compliance details.
Revenue · FY 2024
₹20.52 Lakh
▼ 43% YoY
Net profit · FY 2024
₹60,400
Net margin 2.9%
EBITDA · FY 2024
₹60,400
EBITDA margin 2.9%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
4 yrs
Est. 2022
Directors on board
2
As per MCA filings
Brands
1
Associated brands
About Magnetize Design and Technology Private Limited
Data last updated:
Magnetize Design and Technology Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 22 March 2022.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2022PTC378816.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Anil Shantaram Salekar and Akshay Anil Salekar.
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 19/A Room No 602 Samata Nagar Kandivali East Opp Samata Nagar Best Depot, Mumbai, Maharashtra, India – 400101.
As per the financials filed for FY 2024, the company reported a revenue of ₹20.52 Lakh, a decline of 43% compared to the previous year. For the same year it recorded a net profit of ₹60,400 (net margin 2.9%) and EBITDA of ₹60,400 (EBITDA margin 2.9%).
The company is associated with 1 brand: Magnetize Studio.
Magnetize Design and Technology Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0128360). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U72900MH2022PTC378816
Registration Number 378816
Incorporation Date 22 March 2022
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0128360
Recognitions & Rankings of Magnetize Design and Technology
Contact details
Magnetize Design and Technology Private Limited's registered office is in Mumbai, Maharashtra.
- Registered Address19/A Room No 602 Samata Nagar Kandivali East Opp Samata Nagar Best Depot, Mumbai, Maharashtra, India – 400101
- IndustryInformation Technology, Other Computer Related Activities
Comprehensive company report
Magnetize Design and Technology Private Limited - one report that includes everything
- 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
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Brands
Magnetize Design and Technology operates one associated brand: Magnetize Studio. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers UI/UX design, web development, and MVP services for tech businesses. | magnetize.studio |
Business activity
The main business activity of Magnetize Design and Technology is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Magnetize Design and Technology Private Limited, buy the company report.
Financials of Magnetize Design and Technology Private Limited
FY 2025 filings availableMagnetize Design and Technology Private Limited reported revenue of ₹20.52 Lakh (down 43% YoY) for FY 2024.
Revenue · FY 2024
₹20.52 Lakh ▼ 43%
Net profit · FY 2024
₹60,400 margin 2.9%
EBITDA · FY 2024
₹60,400 margin 2.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 43%
EBITDA CAGR growth
1 year
▼ 84%
Revenue fell 43% in the latest year. EBITDA fell 84% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
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| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹60,400 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹60,400 | ||
| 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 | |||
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| Cash and Bank Balance | |||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 2.9% | ||
| Net Profit Margin | 2.9% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
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| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Magnetize Design and Technology Private Limited, buy the company report.
Board of directors of Magnetize Design and Technology Private Limited
Magnetize Design and Technology has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anil Shantaram Salekar | Director | 22 Mar 2022 | 4 Years 7 Months | Current |
| Akshay Anil Salekar | Director | 22 Mar 2022 | 4 Years 7 Months | Current |
Peer comparison
Magnetize Design and Technology Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Wrestle Infotech India Private Limited | ₹20.53 Lakh (FY 2024) | 2611.0% | Delhi, India | |||
| Ivrics Technologies Private Limited | ₹20.53 Lakh (FY 2021) | Bhubaneswar, Odisha, India | ||||
| Expansive Solutions Private Limited | ₹20.52 Lakh (FY 2025) | -5.0% | Pune, Maharashtra, India | |||
| Adotas Private Limited | ₹20.52 Lakh (FY 2025) | -52.0% | Chennai, Tamil Nadu, India | |||
| Iprarthana Private Limited | ₹20.52 Lakh (FY 2024) | 2.0% | Bangalore, Karnataka, India | |||
| Magnetize Design and Technology Private Limitedthis company | ₹20.52 Lakh (FY 2024) | ₹60,400 | 2.9% | -43.0% | Mumbai, Maharashtra, India | |
| Skystop Private Limited | ₹20.52 Lakh (FY 2023) | 11.0% | Anantapuramu, Andhra Pradesh, India | |||
| Lepolabs Technologies (OPC) Private Limited | ₹20.51 Lakh (FY 2025) | -11.0% | Post Neura Panaji, Goa, India | |||
| Hsphoenix Private Limited | ₹20.51 Lakh (FY 2025) | -64.0% | Chamkaursahib, Punjab, India | |||
| Trillion-Bits India Private Limited | ₹20.5 Lakh (FY 2023) | 1963.0% | Bangalore, Karnataka, India | |||
| Vivan Chanakya Pro Soft Solutions Private Limited | ₹20.5 Lakh (FY 2023) | 164.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Magnetize Design and Technology Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Magnetize Design and Technology 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 Magnetize Design and Technology 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 Magnetize Design and Technology Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Magnetize Design and Technology Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Akshay Anil Salekar was appointed as Director on 22 Mar 2022.
AGM
Magnetize Design And Technology Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Magnetize Design And Technology Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Akshay Anil Salekar was appointed as Director.
Appointed
Anil Shantaram Salekar was appointed as Director.
Incorporation
22 Mar 2022
Magnetize Design And Technology Private Limited was registered on 22 Mar 2022 with Roc Mumbai & aged 4 years 7 months as per MCA records.
Frequently asked questions
Magnetize Design and Technology is an active private limited company based in Mumbai, Maharashtra, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 22 March 2022 (4+ years old) and is registered under CIN U72900MH2022PTC378816.
Magnetize Design and Technology has 2 current directors:
- Anil Shantaram Salekar - Director
- Akshay Anil Salekar - Director
The latest financial statements of Magnetize Design and Technology 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 FY 2022 are in the company report.
The CIN (Corporate Identification Number) of Magnetize Design and Technology is U72900MH2022PTC378816. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magnetize Design and Technology was incorporated on 22 March 2022, making it 4+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Magnetize Design and Technology by revenue are Wrestle Infotech India Private Limited, Ivrics Technologies Private Limited, Expansive Solutions Private Limited, Adotas Private Limited, Iprarthana Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Akshay Anil Salekar was appointed as Director on 22 Mar 2022. Anil Shantaram Salekar was appointed as Director on 22 Mar 2022.
Yes, Magnetize Design and Technology is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0128360).
The registered office of Magnetize Design and Technology is at 19A Room No 602 Samata Nagar Kandivali East Opp Samata Nagar Best Depot, Mumbai, Maharashtra, India – 400101.
Magnetize Design and Technology operates in the information technology industry, in the other computer related activities segment.
The compliance status of Magnetize Design and Technology is compliant as of 08 August 2026. The company is actively filing with the Registrar of Companies.
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