About Magneto Home Private Limited
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Magneto Home Private Limited is a private limited company based in Jodhpur, Rajasthan, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 22 September 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U36100RJ2015PTC048304. Its GSTIN is 06AAJCM9442J1Z2 (Haryana). The company holds 6 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹1.09 Lakh. It is led by directors Chhota Ram and Rohit Singhal.
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 B – 29 Dharam Narayan Ka Hatha Paota, Jodhpur, Rajasthan, India – 342001.
As per the financials filed for FY 2024, the company reported a revenue of ₹45,806, a growth of 67% compared to the previous year. For the same year it recorded a net loss of ₹6.22 Lakh and EBITDA of -₹3.96 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 80% over five years.
The company has about 50 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Cityfurnish. As per MCA filings, the company has satisfied charges of ₹10.7 Lakh on record. Court records list 17 cases involving the company, including 11 filed by the company and 6 filed against it; 5 cases are pending. The company has 6 deals on record (4 funding rounds, 2 secondary share transfers), with disclosed funding of ₹2.7 Cr; the latest was in September 2019. Its 4 peer companies in the Consumer Durables industry (Electronic Appliances Retail and Distribution, Furniture Retail and Distribution), with the same principal business activity (retail trading) are compared by revenue, 2 larger and 2 smaller; the largest is Abc Ocean Technology Private Limited with revenue of ₹46,774. The company has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 6 overdue payments to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cityfurnish.com.
Company details
Contact details
Magneto Home Private Limited's registered office is in Jodhpur, Rajasthan. Its website is cityfurnish.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressB – 29 Dharam Narayan Ka Hatha Paota, Jodhpur, Rajasthan, India – 342001
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution, Furniture Retail & Distribution
To see the full contact details of Magneto Home 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
Brands
Magneto Home operates one associated brand: Cityfurnish. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Multi-category home improvement products are rented via an online platform. | cityfurnish.com |
Financials of Magneto Home Private Limited
FY 2025 filings availableMagneto Home Private Limited reported revenue of ₹45,806 (up 67% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 67% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 80%. 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 | -₹3.96 Lakh | ||||
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| Net Profit (PAT) | -₹6.22 Lakh | ||||
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Financial Ratios
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To see the full financial statements and ratios of Magneto Home Private Limited, buy the company report.
Board of directors of Magneto Home Private Limited
Magneto Home has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chhota Ram | Director | 16 Dec 2023 | 2 Years 10 Months | Current |
| Rohit Singhal | Director | 16 Dec 2023 | 2 Years 10 Months | Current |
Peer comparison
Magneto Home Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution, Furniture Retail and Distribution), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Abc Ocean Technology Private Limited | ₹46,774 (FY 2020) | -100.0% | New Delhi, Delhi, India | |||
| Exotic Global Trades Private Limited | ₹46,716 (FY 2025) | 63.0% | Chennai, Tamil Nadu, India | |||
| Magneto Home Private Limitedthis company | ₹45,806 (FY 2024) | -₹6.22 Lakh | 67.0% | 50 | Jodhpur, Rajasthan, India | |
| Galaxy Refrigeration Private Limited | ₹45,104 (FY 2025) | 6.0% | New Delhi, Delhi, India | |||
| Irfocus CCTV Private Limited | ₹44,675 (FY 2024) | Surat, Gujarat, India |
To see the full peer comparison of Magneto Home Private Limited, buy the company report.
Auditor
Magneto Home Private Limited is audited by G Rohilla and Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G Rohilla and Associates | FY 2022 | 546127 |
Shareholding
The shareholding of Magneto Home Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Magneto Home Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Jun 2017 | 100168190 | Hdfc Bank Limited | ₹5 Lakh | Satisfied | |
| 21 Nov 2016 | 100172875 | Hdfc Bank Limited | ₹5.7 Lakh | Satisfied |
To see the full charge records of Magneto Home Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Magneto Home Private Limited has 6 deals on record (4 funding rounds, 2 secondary share transfers), with disclosed funding of ₹2.7 Cr; the latest was in September 2019.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| May 2018 | Funding round | ₹12.2 Lakh | Investors: Touchstone Venture LLP , an individual |
| Jun 2016 | Funding round | ₹2.2 Cr | Investors: Brand Capital, an individual |
| Apr 2016 | Funding round | ₹30 Lakh | Investors: 2 individuals |
| Feb 2016 | Funding round | ₹8 Lakh | Investors: an individual |
To see the full deal history of Magneto Home Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Magneto Home Private Limited has 17 court cases on record: 11 filed by Magneto Home, 6 filed against it. 5 cases are pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 5 | 4 |
| High courts | 3 | 1 | 0 |
| NCLAT | 1 | 0 | 1 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Appeal | Filed against the company by Conclave Infratech Pvt Ltd | Pending |
| District court, Jodhpur Metro, Rajasthan | Civil miscellaneous application | Filed against the company by Conclave Infratech Pvt Ltd | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed by the company against Conclave Infratech Pvt. Ltd. | Pending |
| High Court, RAJASTHAN | Civil miscellaneous application | Filed by the company against Conclave Infratech Private Limited | Disposed |
| District court, Jodhpur Metro, Rajasthan | Civil miscellaneous application | Filed against the company by Conclave Infratech Pvt Ltd | Disposed |
To see the full case history of Magneto Home 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
Magneto Home Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 6 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of Magneto Home Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Magneto Home Private Limited has a workforce of 50 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Magneto Home has 6 GST registrations: 5 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAJCM9442J1Z2 | Haryana | Active | 01 Jul 2017 |
| 09AAJCM9442J1ZW | Uttar Pradesh | Active | 01 Jul 2017 |
| 27AAJCM9442J1ZY | Maharashtra | Active | 01 Jul 2017 |
| 29AAJCM9442J1ZU | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Magneto Home Private Limited, buy the company report.
Recent activity
Magneto Home Private Limited has 6 board changes on record since 2019: 2 appointments and 4 cessations. The latest: Chhota Ram ceased to be Additional Director on 29 Sep 2024.
1 earlier event is in the company report.
News
Frequently asked questions
Magneto Home is an active private limited company based in Jodhpur, Rajasthan, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 22 September 2015 (11+ years old) and is registered under CIN U36100RJ2015PTC048304.
Magneto Home has 2 current directors:
- Chhota Ram - Director
- Rohit Singhal - Director
The latest financial statements of Magneto Home 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 2016 are in the company report.
The GSTIN of Magneto Home is 06AAJCM9442J1Z2, registered in Haryana. The company has 6 GST registrations in all, of which 5 are active and 1 is cancelled or inactive. Other active GSTINs include 09AAJCM9442J1ZW (Uttar Pradesh), 27AAJCM9442J1ZY (Maharashtra), 29AAJCM9442J1ZU (Karnataka).
The CIN (Corporate Identification Number) of Magneto Home is U36100RJ2015PTC048304. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magneto Home has 17 court cases on record: 11 filed by the company and 6 filed against it. 5 are pending. Most are in the district courts.
Magneto Home was incorporated on 22 September 2015, making it 11+ years old. It is registered with the Registrar of Companies, Jaipur.
Magneto Home has 6 deals on record (4 funding rounds, 2 secondary share transfers), with disclosed funding of ₹2.7 Cr; the latest was in September 2019.
The peers of Magneto Home by revenue are Abc Ocean Technology Private Limited, Exotic Global Trades Private Limited, Galaxy Refrigeration Private Limited, Irfocus CCTV Private Limited, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution, Furniture Retail and Distribution), with the same principal business activity (retail trading).
Chhota Ram ceased to be Additional Director on 29 Sep 2024. Rohit Singhal ceased to be Additional Director on 29 Sep 2024. Chandra Shekhar Phophalia ceased to be Director on 18 Dec 2023. Magneto Home has 6 board changes on record in total.
Magneto Home has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 6 overdue payments to 1 micro and small supplier. The latest return was filed on 30 May 2019.
Magneto Home can be reached through the website cityfurnish.com. Its registered office is in Jodhpur, Rajasthan, India.