Magnets Infra and Services LLP

Magnets Infra and Services LLP - real estate and construction in Hyderabad, Telangana, India. Directors, charges & compliance details.
LLPIN AAJ-2776 Incorporated 26 April 2017 ROC Hyderabad HQ Hyderabad, Telangana, India
Converted to LLP Limited Liability Partnership real estate and construction
Data last updated
Contribution obligation
₹1 Cr
As per LLP agreement
Satisfied charges
₹67.23 Lakh
No open charges
LLP age
9 yrs
Est. 2017
Designated partners
3
As per MCA filings
Last financials
Mar 2019
Balance sheet date
LLP status
Converted to Company
MCA master data
Registrar
Hyderabad
ROC office
Incorporated
26 Apr 2017
Date of incorporation

About Magnets Infra and Services LLP

Data last updated:

Magnets Infra and Services LLP was a limited liability partnership (LLP) based in Hyderabad, Telangana, India. The LLP has been converted into a company and no longer exists as an LLP. For the latest details, refer to the successor company. It operated in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 26 April 2017.

The LLP was registered with the Registrar of Companies (ROC), Hyderabad, under LLPIN AAJ-2776.

The LLP had a total obligation of contribution of ₹1 Cr. It was led by designated partners including Mohammed Abdul Subhan and Sara Begum.

Its latest statement of accounts is for the year ended 31 March 2019. The registered office was at O No 19 & 20 Ground Floor Down Town Mall 6 – 2 – 27 & 27A & 6 – 2 – 28 Lakdikapul, Hyderabad, Telangana, India – 500004.

As per MCA filings, the LLP has satisfied charges of ₹67.23 Lakh on record. Court records list 1 case involving the LLP, including 1 filed by the LLP.

Company details

LLPIN AAJ-2776
Incorporation Date 26 April 2017
Total Obligation of Contribution ₹1 Cr
ROC Hyderabad
Listing Status Unlisted
Company Status Converted to Company
Date of Last AGM 31 March 2019
Date of Balance Sheet 31 March 2019

Contact details

Magnets Infra and Services LLP's registered office is in Hyderabad, Telangana.

  • Registered Address
    O No 19 & 20 Ground Floor Down Town Mall 6 – 2 – 27 & 27A & 6 – 2 – 28 Lakdikapul, Hyderabad, Telangana, India – 500004
  • Industry
    Real Estate and Construction, Real Estate Builders & Developers
Comprehensive company report
Magnets Infra and Services LLP - 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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Financials of Magnets Infra and Services LLP

FY 2019 filings available

Financial Statement Summary

Statement of Account and SolvencyFY 2018-19FY 2017-18
Income and Expenditure
Turnover
Other Income
Total Income
Purchases and Direct Costs
Personnel Expenses
Administrative Expenses
Interest
Depreciation
Total Expenses
Profit Before Tax
Tax
Profit After Tax
Profit Transferred to Partners
Assets and Liabilities
Partners' Contribution
Reserves and Surplus
Secured Loans
Unsecured Loans
Trade Payables
Other Liabilities and Provisions
Total Liabilities
Fixed Assets
Investments
Loans and Advances
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

Statement of Account and SolvencyFY 2018-19FY 2017-18
Profitability
Net Profit Margin
Return on Partners' Funds
Return on Assets
Liquidity and Debt
Current Ratio
Debt to Partners' Funds
Interest Coverage
Efficiency and Growth
Asset Turnover
Receivable Days
Turnover Growth
Profit Growth

To see the full financial statements and ratios of Magnets Infra and Services LLP, buy the company report.

Designated partners of Magnets Infra and Services LLP

Magnets Infra and Services has 3 current designated partners and 3 former designated partners. Current designated partners are listed first, with their designation and appointment date.

Designated Partners (as last reported)
NameDesignationAppointment DateTenureStatus
Mohammed Abdul SubhanDesignated Partner26 Apr 20179 Years 6 MonthsAs last reported
Sara BegumDesignated Partner10 Aug 20179 Years 2 MonthsAs last reported
Mohammed Abdul SamadDesignated Partner10 Aug 20179 Years 2 MonthsAs last reported

Charges & borrowings

Open charges
None
Satisfied charges
₹67.23 Lakh
Breakdown by lending institutions
Axis Bank Limited₹0.67 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
21 Sep 2019100295441Axis Bank Limited₹67.23 LakhSatisfied

To see the full charge records of Magnets Infra and Services LLP, buy the company report.

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Magnets Infra and Services LLP; 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 Magnets Infra and Services LLP; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Magnets Infra and Services LLP has 6 designated partner changes on record since 2017: 3 appointments and 3 cessations. The latest: Mohammed Abdul Samad was appointed as Designated Partner on 10 Aug 2017.

Charges
A charge registered on 21 Sep 2019 via Charge ID 100295441 with Axis Bank Limited was fully satisfied on 05 Dec 2019.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.67 Cr with Charge ID 100295441 was registered on 21 Sep 2019.
AGM
Magnets Infra And Services Llp last Annual general meeting of members was held on 31 Mar 2019 as per latest MCA records.
Filing
Magnets Infra And Services Llp has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Hyderabad.
Appointed
Mohammed Abdul Samad was appointed as Designated Partner.
Appointed
Sara Begum was appointed as Designated Partner.
Ceased
Mohammed Abdul Samad ceased to be Partner.
Ceased
Sara Begum ceased to be Partner.
Ceased
Rahman Shareef ceased to be Designated Partner.
Appointed
Mohammed Abdul Subhan was appointed as Designated Partner.
Incorporation
26 Apr 2017
Magnets Infra And Services Llp was registered on 26 Apr 2017 with Roc Hyderabad & aged 9 years 6 months as per MCA records.

Frequently asked questions

Magnets Infra and Services has been converted into a company - the business changed its legal structure from a Limited Liability Partnership to a company. The LLP no longer exists in its previous form. For the latest information, refer to the successor company registered with MCA.

Magnets Infra and Services was a limited liability partnership based in Hyderabad, Telangana, India. The LLP worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 26 April 2017 and is registered under LLPIN AAJ-2776. For the latest details, refer to the successor company.

The LLPIN (Limited Liability Partnership Identification Number) of Magnets Infra and Services is AAJ-2776. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.

Magnets Infra and Services had 3 designated partners:

Magnets Infra and Services was incorporated on 26 April 2017. It is registered with the Registrar of Companies, Hyderabad.

The registered office of Magnets Infra and Services is at O No 19 & 20 Ground Floor Down Town Mall 6 – 2 – 27 & 27A & 6 – 2 – 28 Lakdikapul, Hyderabad, Telangana, India – 500004.

The latest financial statements of Magnets Infra and Services on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 31 March 2019. Year-wise statements from FY 2018 are in the company report.

Magnets Infra and Services operated in the real estate and construction industry, in the real estate builders and developers segment.

Magnets Infra and Services has 1 court case on record: 1 filed by the LLP.

Mohammed Abdul Samad was appointed as Designated Partner on 10 Aug 2017. Sara Begum was appointed as Designated Partner on 10 Aug 2017. Mohammed Abdul Samad ceased to be Partner on 09 Aug 2017. Magnets Infra and Services has 6 designated partner changes on record in total.