Magnetkraft Clothing Private Limited Company Logo

Magnetkraft Clothing Private Limited - Company Profile

It is a manufacturing private limited company based in Bengaluru, Karnataka, India, established in 2021.

2021 | Bengaluru, Karnataka, India | Active
Last Updated:

About Magnetkraft Clothing Private Limited

Magnetkraft Clothing Private Limited, a active private limited company, was established on 01 March 2021 in Bengaluru, Karnataka, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U18109KA2021PTC144709. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹0.10 M.

Employing 79 professional, Its leadership includes Vikas Manikchand Bafna (Director), Bhavna Vikas Bafna (Director). Past directors included Nilesh Kumar Bafna, Prashant Prakashkumar Kumar. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Site No. 28, Near Uttarahalli, Bus Stop Subramanyapura Main Road, Uttarahalli, Bengaluru, Karnataka, 560061.

Company Details

  • CIN/LLPIN

    U18109KA2021PTC144709

  • Registration Number

    144709

  • Incorporation Date

    01 March 2021

  • Authorized Capital

    ₹1.00 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 4 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 2.35%
  • Profit Growth 69.46%
  • Ebitda 309.88%
  • Net Worth 28.30%
  • Total Assets -34.17%
Company report

Magnetkraft Clothing Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Magnetkraft Clothing Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Magnetkraft Clothing Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Vikas Manikchand BafnaDirector21 Mar 2025Current
Bhavna Vikas BafnaDirector21 Mar 2025Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector25 Mar 2025Past
Pramod AbcsddDirector25 Mar 2025Past

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Financial Performance of Magnetkraft Clothing.

Banana Club Clothing Private Limited, for the financial year ended 2024, experienced modest growth in revenue, with a 2.35% increase. The company also saw a substantial improvement in profitability, with a 69.46% increase in profit. The company's net worth Soared by an impressive increase of 28.3%.

Magnetkraft Clothing revenue growth over time
Magnetkraft Clothing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
2.35%
Revenue from Operations
2.35%
Total Assets
-34.17%
Profit or Loss
69.46%
Net Worth
28.30%
EBITDA
309.88%

What is the Ownership and Shareholding Structure of Magnetkraft Clothing?

Unlock access to Magnetkraft Clothing's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

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Charges (Loans)

There are no open charges registered against the company as per our records.

How Many Employees Work at Magnetkraft Clothing?

Magnetkraft Clothing has a workforce of 79 employees as of Nov 10, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Magnetkraft Clothing Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Magnetkraft Clothing, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Magnetkraft Clothing's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Magnetkraft Clothing

Recent Activity within the Organization

  • Director Appointment

    Progress on Vikas Manikchand Bafna was appointed as a Director was appointed as a Director on 21 Mar 2025 & has been associated with this company since 8 months 25 days . was documented.

  • Director Appointment

    The activity Bhavna Vikas Bafna was appointed as a Director was appointed as a Director on 21 Mar 2025 & has been associated with this company since 8 months 25 days . was completed.

  • Annual General Meeting

    Magnetkraft Clothing Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    The activity Magnetkraft Clothing Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was completed.

  • Company Incorporation

    The activity Magnetkraft Clothing Private Limited was registered on 01 Mar 2021 with Roc Bangalore & aged 4 years 9 months as per MCA records. was completed.

Frequently Asked Questions

  • What is the CIN of Magnetkraft Clothing Private Limited?

    The CIN of Magnetkraft Clothing Private Limited is U18109KA2021PTC144709.

  • Where is Magnetkraft Clothing Private Limited headquartered?

    Magnetkraft Clothing Private Limited is headquartered at Site No. 28, Near Uttarahalli, Bus Stop Subramanyapura Main Road, Uttarahalli, Bengaluru, Karnataka, 560061.

  • When was Magnetkraft Clothing Private Limited incorporated?

    Magnetkraft Clothing Private Limited was incorporated on 01 March 2021.

  • Who are the current directors of Magnetkraft Clothing Private Limited?

    The current directors of Magnetkraft Clothing Private Limited are

  • What is the primary industry of Magnetkraft Clothing Private Limited?

    The primary industry of Magnetkraft Clothing Private Limited is Manufacturing.

  • Is Magnetkraft Clothing Private Limited a listed company?

    Magnetkraft Clothing Private Limited is unlisted.

  • What is the capital structure of Magnetkraft Clothing Private Limited?

    The authorized capital of Magnetkraft Clothing Private Limited is ₹1.00 M, and the paid-up capital is ₹0.10 M.

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