Magnets Vyapaars Private Limited
About Magnets Vyapaars Private Limited
Data last updated:
Magnets Vyapaars Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 12 June 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U45400WB2006PTC109897. Its GSTIN is 19AAECM6820H1ZD (West Bengal).
The company has an authorised share capital of ₹12 Lakh and a paid-up capital of ₹10.48 Lakh. It was formerly known as Magnet Vyapaar Pvt Ltd and Magnet Vyapaar Private Limited. It is led by directors Sushila Jajodia and Priya Poddar.
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 57 Mahatma Gandhi Road 3rd Floor, Kolkata, West Bengal, India – 700009.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.52 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹15.63 Lakh (net margin -10.3%) and EBITDA of ₹4.11 Lakh (EBITDA margin 2.7%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 61% over five years.
Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹18.29 Cr and satisfied charges of ₹25.11 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Magnets Vyapaars has undergone 2 name changes throughout its history. The company was previously known as Magnet Vyapaar Pvt Ltd, and Magnet Vyapaar Private Limited. The current legal name is Magnets Vyapaars Private Limited.
| Company Name | Status |
|---|---|
| Magnets Vyapaars Private Limited | Current |
| Magnet Vyapaar Pvt Ltd | Previous |
| Magnet Vyapaar Private Limited | Previous |
CIN history
Magnets Vyapaars has one previous CIN (Corporate Identification Number): U52110WB2006PTC109897. The current CIN is U45400WB2006PTC109897, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45400WB2006PTC109897 | Current |
| U52110WB2006PTC109897 | Previous |
Contact details
Magnets Vyapaars Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address57 Mahatma Gandhi Road 3rd Floor, Kolkata, West Bengal, India – 700009
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Magnets Vyapaars 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
Financials of Magnets Vyapaars Private Limited
FY 2025 filings availableMagnets Vyapaars Private Limited reported revenue of ₹1.52 Cr (up 611% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 61% over five years, including 611% growth in the latest year. EBITDA fell 38% in the latest year. 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹4.11 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹15.63 Lakh | ||||
| 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 | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.7% | ||||
| Net Profit Margin | -10.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| 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 Magnets Vyapaars Private Limited, buy the company report.
Board of directors of Magnets Vyapaars Private Limited
Magnets Vyapaars has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sushila Jajodia Also directs: Osn Fabrics Private Limited, Vedic Tracom Private Limited, Milestone Heights Private Limited and 2 more | Director | 08 Feb 2010 | 16 Years 8 Months | Current |
| Priya Poddar Also directs: Milestone Heights Private Limited | Director | 20 May 2024 | 2 Years 5 Months | Current |
Peer comparison
Magnets Vyapaars Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ice Wear Creation Private Limited | ₹1.53 Cr (FY 2025) | 175.0% | Tirupur, Tamil Nadu, India | |||
| Seven Sky Exim Private Limited | ₹1.52 Cr (FY 2025) | -66.0% | Bhilwara, Rajasthan, India | |||
| Magnets Vyapaars Private Limitedthis company | ₹1.52 Cr (FY 2025) | -₹15.63 Lakh | -10.3% | 611.0% | Kolkata, West Bengal, India | |
| Harvest Tradelink Private Limited | ₹1.52 Cr (FY 2025) | -34.0% | Mumbai, Maharashtra, India | |||
| Y.R.D Impex India Private Limited | ₹1.52 Cr (FY 2024) | -95.0% | Delhi, India | |||
| Richworld Industries Private Limited | ₹1.51 Cr (FY 2025) | -63.0% | Sitharevu Village, Tamil Nadu, India |
To see the full peer comparison of Magnets Vyapaars Private Limited, buy the company report.
Auditor
Magnets Vyapaars Private Limited is audited by KHUSHBOO JAIN & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KHUSHBOO JAIN & CO | FY 2021 | 328628E |
Shareholding
The shareholding of Magnets Vyapaars Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Magnets Vyapaars Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Nov 2025 | 101188837 | Others | ₹4.25 Cr | Open | |
| 09 Oct 2025 | 101177707 | State Bank of India | ₹14.04 Cr | Open | |
| 31 Jan 2025 | 101045287 | Others | ₹4.31 Cr | Satisfied | |
| 20 Dec 2021 | 100519457 | Karnataka Bank Ltd. | ₹1.2 Cr | Satisfied | |
| 01 Sep 2020 | 100371524 | Karnataka Bank Ltd. | ₹35 Lakh | Satisfied |
To see the full charge records of Magnets Vyapaars Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Magnets Vyapaars Private Limited has 2 court cases on record: 2 filed by Magnets Vyapaars. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Calcutta High Court | Court case (RVWO) | Filed by the company against M/S. Milestone Industries and Ors | Pending |
| Calcutta High Court | Arbitration matter | Filed by the company against M/S. Milestone Industries and Ors. | Disposed |
To see the full case history of Magnets Vyapaars 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
No delayed payments to MSME suppliers are on our record for Magnets Vyapaars Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Magnets Vyapaars has 1 subsidiary company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Vedic Tracom Private Limited | U45400WB2007PTC117559 |
To see the full group structure of Magnets Vyapaars Private Limited, buy the company report.
GST
Magnets Vyapaars has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAECM6820H1ZD | West Bengal | Active | 14 Sep 2017 |
To see the full GST registrations and return filing status of Magnets Vyapaars Private Limited, buy the company report.
Recent activity
Magnets Vyapaars Private Limited has 14 board changes on record since 2006: 8 appointments and 6 cessations. The latest: Anandi Thakur ceased to be Director on 20 May 2024.
20 earlier events are in the company report.
Frequently asked questions
Magnets Vyapaars is an active private limited company based in Kolkata, West Bengal, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 12 June 2006 (20+ years old) and is registered under CIN U45400WB2006PTC109897.
Magnets Vyapaars has 2 current directors:
- Sushila Jajodia - Director
- Priya Poddar - Director
The latest financial statements of Magnets Vyapaars 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 2015 are in the company report.
The GSTIN of Magnets Vyapaars is 19AAECM6820H1ZD, registered in West Bengal.
The CIN (Corporate Identification Number) of Magnets Vyapaars is U45400WB2006PTC109897. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magnets Vyapaars has 2 court cases on record: 2 filed by the company. 1 is pending.
Magnets Vyapaars was incorporated on 12 June 2006, making it 20+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Magnets Vyapaars by revenue are Ice Wear Creation Private Limited, Seven Sky Exim Private Limited, Harvest Tradelink Private Limited, Y.R.D Impex India Private Limited, Richworld Industries Private Limited, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Anandi Thakur ceased to be Director on 20 May 2024. Priya Poddar was appointed as Director on 20 May 2024. Anandi Thakur was appointed as Director on 30 Aug 2017. Magnets Vyapaars has 14 board changes on record in total.
The registered office of Magnets Vyapaars is at 57 Mahatma Gandhi Road 3rd Floor, Kolkata, West Bengal, India – 700009.
Magnets Vyapaars operates in the home and lifestyle industry, in the textile retail and distribution segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
