Magneto It Solutions Private Limited - Company Profile

It is a information technology private limited company based in Pune, Maharashtra, India, established in 2011.
2011 Pune, Maharashtra, India Active
Last Updated:
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About Magneto It Solutions Private Limited

Magneto It Solutions Private Limited, a active private limited company, was established on 10 August 2011 in Pune, Maharashtra, India. Engaging in it consulting & support services within the information and communication sector, it holds CIN: U72900PN2011PTC140436. Registered under ROC Roc Pune. it is unlisted. It has an authorized capital of ₹0.20 M and a paid-up capital of ₹0.20 M.

It upholds a compliant status. Employing 15 professional, Its leadership includes Bhavik Sureshbhai Shah (Director), Bhaveshkumar Ishvarlal Surani (Director), Bhargavkumar Jagdishbhai Thakkar (Director). Past directors included Bhavik Sureshbhai Shah, Bhaveshkumar Ishvarlal Surani. It holds ₹7.50 M open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at White Square, Office No. - 402, Wakad Road, S. No. - 48,, Pune, Maharashtra, 411057.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U72900PN2011PTC140436

  • Registration Number

    140436

  • Incorporation Date

    10 August 2011

  • Authorized Capital

    ₹0.20 M

  • Paid-Up Capital

    ₹0.20 M

  • ROC Code

    Roc Pune

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.20 M
  • Paid Up Capital ₹ 0.20 M
  • Company Age 14 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 7.50 M
  • Revenue Growth **** 82.94%
  • Profit Growth **** 101.23%
  • Ebitda **** 31.32%
  • Net Worth 80.22%
  • Total Assets **** 87.37%
Company report

Magneto It Solutions Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Magneto It Solutions 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 Magneto It Solutions Private Limited?
Current Directors
Name Designation Appointment Date Status
Bhavik Sureshbhai Shah Director 29 Apr 2024 Current
Bhaveshkumar Ishvarlal Surani Director 29 Apr 2024 Current
Bhargavkumar Jagdishbhai Thakkar Director 10 Aug 2011 Current
Ronak Harilal Meghani Director 15 May 2012 Current
Nitesh Behani Director 10 Aug 2011 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 29 Sep 2024 Past
Pramod Abcsdd Additional Director 29 Sep 2024 Past

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Financial Performance of Magneto It Solutions.

Magneto It Solutions Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 82.94% increase. The company also saw a substantial improvement in profitability, with a 101.23% increase in profit. The company's net worth Soared by an impressive increase of 80.22%.

Magneto It Solutions revenue growth over time
Magneto It Solutions profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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 82.94%
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*******
*******
Revenue from Operations
*******
 81.94%
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*******
*******
Total Assets
*******
 87.37%
*******
*******
*******
*******
Profit or Loss
*******
 101.23%
*******
*******
*******
*******
Net Worth
*******
 80.22%
*******
*******
*******
*******
EBITDA
*******
 31.32%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Magneto It Solutions?

Unlock access to Magneto It Solutions'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 Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹7,500,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Others : 0.75 Cr
Latest Charge Details
Date Lender Amount Status
24 Mar 2017 Others ₹7.50 M Open

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How Many Employees Work at Magneto It Solutions?

Magneto It Solutions has a workforce of 15 employees as of Apr 02, 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 Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Magneto It Solutions, 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 Magneto It Solutions's trajectory.

Rating
Graph displaying rating trends over time

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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.

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Latest Updates, News, and FAQs on Magneto It Solutions
Recent Activity within the Organization
  • Annual General Meeting

    Magneto It Solutions 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.

  • Director Appointment

    Progress on Bhavik Sureshbhai Shah was appointed as a Director was appointed as a Director on 29 Apr 2024 & has been associated with this company since 1 year 9 months . was documented.

  • Director Appointment

    Bhaveshkumar Ishvarlal Surani was appointed as a Director was appointed as a Director on 29 Apr 2024 & has been associated with this company since 1 year 9 months . was recorded as a recent event.

  • Balance Sheet

    The activity Magneto It Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune. was completed.

  • Charges

    Progress on A charge with Others amounted to Rs. 7.50 M with Charge ID 100085863 was registered on 24 Mar 2017. was documented.

  • Director Appointment

    Ronak Harilal Meghani was appointed as a Director was appointed as a Director on 15 May 2012 & has been associated with this company since 13 years 8 months . was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Magneto It Solutions Private Limited?

The CIN of Magneto It Solutions Private Limited is U72900PN2011PTC140436.

Where is Magneto It Solutions Private Limited headquartered?

Magneto It Solutions Private Limited is headquartered at White Square, Office No. - 402, Wakad Road, S. No. - 48,, Pune, Maharashtra, 411057.

When was Magneto It Solutions Private Limited incorporated?

Magneto It Solutions Private Limited was incorporated on 10 August 2011.

Who are the current directors of Magneto It Solutions Private Limited?

The current directors of Magneto It Solutions Private Limited are

What is the primary industry of Magneto It Solutions Private Limited?

The primary industry of Magneto It Solutions Private Limited is Information And Communication.

Is Magneto It Solutions Private Limited a listed company?

Magneto It Solutions Private Limited is unlisted.

What is the capital structure of Magneto It Solutions Private Limited?

The authorized capital of Magneto It Solutions Private Limited is ₹0.20 M, and the paid-up capital is ₹0.20 M.

What is the compliance status of Magneto It Solutions Private Limited?

The compliance status of Magneto It Solutions Private Limited is Compliant.

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