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Magneum Technology Private Limited - internet in Noida, Uttar Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹10.7 Cr
▲ 282% YoY
Net profit · FY 2024
₹30.99 Lakh
Net margin 2.9%
EBITDA · FY 2024
₹71.84 Lakh
EBITDA margin 6.7%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹2.15 Lakh
Issued & subscribed
Open charges
₹41.1 Cr
Satisfied ₹3.1 Cr
Company age
5 yrs
Est. 2021
Employees · EPFO
11
Provident fund records
About Magneum Technology Private Limited
Data last updated:
Magneum Technology Private Limited is a private limited company based in Noida, Uttar Pradesh, India, recognised as a startup by DPIIT. It operates in the online real estate platforms segment of the internet and digital services sector. It was incorporated on 29 November 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U68200UP2021PTC156100. Its GSTIN is 09AAPCM2275D1ZA (Uttar Pradesh).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹2.15 Lakh. It is led by directors Tarun Sainani and Deepak Bhatia.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Unit No. Ts – 1709 & Ts – 1710 16th Floor Galaxy Blue Sapphire Plaza, Plot C – 03 Sec – 4 Gr. Noida (West), Uttar Pradesh, India – 201318.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.7 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹30.99 Lakh (net margin 2.9%) and EBITDA of ₹71.84 Lakh (EBITDA margin 6.7%).
The company has about 11 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: HouseEazy. As per MCA filings, the company has open charges of ₹41.1 Cr and satisfied charges of ₹3.1 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending. The company has 5 deals on record (3 funding rounds, 2 convertible or debt financings), with disclosed funding of ₹210.43 Cr; the latest was in October 2025. Its 3 peer companies in the Ecommerce and Internet industry (Real Estate Services), with the same principal business activity (real estate activities with own or leased property) are compared by revenue, 2 larger and 1 smaller; the largest is Kots Renting Private Limited with revenue of ₹12.29 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 4 overdue payments to 4 micro and small suppliers.
Magneum Technology Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-UP-28-0031526). For more details, the company can be reached via its website magneum.co.in.
Company details
CIN U68200UP2021PTC156100
Registration Number 156100
Incorporation Date 29 November 2021
ROC Kanpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification MSME
Udyam Registration UDYAM-UP-28-0031526
CIN history
Magneum Technology has one previous CIN (Corporate Identification Number): U70109UP2021PTC156100. The current CIN is U68200UP2021PTC156100, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U68200UP2021PTC156100 | Current |
| U70109UP2021PTC156100 | Previous |
Key People
Tarun Sainani Director Deepak Bhatia Director Recognitions & Rankings of Magneum Technology
MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-UP-28-0031526
Contact details
Magneum Technology Private Limited's registered office is in Noida, Uttar Pradesh.
- Social Media
- Registered AddressUnit No. Ts – 1709 & Ts – 1710 16th Floor Galaxy Blue Sapphire Plaza, Plot C – 03 Sec – 4 Gr. Noida (West), Uttar Pradesh, India – 201318
- IndustryInternet, Online Real Estate Platforms
Comprehensive company report
Magneum Technology Private Limited - 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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Secure checkout · GST invoice included
Brands
Magneum Technology operates one associated brand: HouseEazy. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Residential property resales are enabled by an AI-ML pricing platform. | houseeazy.com |
Business activity
The main business activity of Magneum Technology is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Magneum Technology Private Limited, buy the company report.
Financials of Magneum Technology Private Limited
FY 2024 filings availableMagneum Technology Private Limited reported revenue of ₹10.7 Cr (up 282% YoY) for FY 2024.
Revenue · FY 2024
₹10.7 Cr ▲ 282%
Net profit · FY 2024
₹30.99 Lakh margin 2.9%
EBITDA · FY 2024
₹71.84 Lakh margin 6.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 282%
EBITDA CAGR growth
1 year
▲ 300%
Revenue rose 282% in the latest year. EBITDA rose 300% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| 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 | ₹71.84 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹30.99 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 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 6.7% | ||
| Net Profit Margin | 2.9% | ||
| 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 Magneum Technology Private Limited, buy the company report.
Board of directors of Magneum Technology Private Limited
Magneum Technology has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tarun Sainani | Director | 29 Nov 2021 | 4 Years 10 Months | Current |
| Deepak Bhatia | Director | 29 Nov 2021 | 4 Years 10 Months | Current |
Peer comparison
Magneum Technology Private Limited is compared with the 3 companies closest to it by revenue in the Ecommerce and Internet industry (Real Estate Services), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kots Renting Private Limited | ₹12.29 Cr (FY 2024) | 605349.0% | Bangalore, Karnataka, India | |||
| Areion Real Estate Services Private Limited | ₹12.29 Cr (FY 2024) | 1237.0% | Mumbai, Maharashtra, India | |||
| Magneum Technology Private Limitedthis company | ₹10.7 Cr (FY 2024) | ₹30.99 Lakh | 2.9% | 282.0% | Noida, Uttar Pradesh, India | |
| Altre Digital Private Limited | ₹9.75 Cr (FY 2025) | 100.0% | Gurugram, Haryana, India |
To see the full peer comparison of Magneum Technology Private Limited, buy the company report.
Charges & borrowings
Open charges
₹41.1 Cr
Satisfied charges
₹3.1 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Apr 2025 | 101091700 | Others | ₹7 Cr | Open | |
| 06 Feb 2025 | 101102288 | Others | ₹5 Cr | Open | |
| 30 Dec 2024 | 101037912 | Others | ₹2 Cr | Open | |
| 30 Nov 2024 | 101019946 | Others | ₹8 Cr | Open | |
| 22 Aug 2024 | 100975976 | Others | ₹14.1 Cr | Open |
To see the full charge records of Magneum Technology Private Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Magneum Technology Private Limited has 5 deals on record (3 funding rounds, 2 convertible or debt financings), with disclosed funding of ₹210.43 Cr; the latest was in October 2025.
Total deals
5
Funding rounds
3
Convertible or debt financings
2
Disclosed funding
₹210.43 Cr
Deals on record (3 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2025 | Funding round · Series B | ₹150 Cr | Investors: Accel India, Chiratae Ventures (IDG), Antler India |
| Aug 2024 | Funding round · Series A | ₹58.7 Cr | Investors: Antler India, Chiratae Ventures (IDG), Alteria Capital |
| May 2022 | Funding round · Seed | ₹1.24 Cr | Investors: 4 individuals |
To see the full deal history of Magneum Technology 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
Magneum Technology Private Limited has 2 court cases on record: 1 filed by Magneum Technology, 1 filed against it. 1 case is pending and 1 is disposed.
Total cases
2
Filed by the company
1
Filed against the company
1
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ghaziabad, Uttar Pradesh | Criminal case | Filed against the company by an individual | Pending |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal miscellaneous application | Filed by the company against an individual | Disposed |
To see the full case history of Magneum Technology 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
Magneum Technology Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 4 overdue payments to 4 micro and small suppliers. 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Serein-Spaces Private Limited | |||
| Higher Pitch Digital Consulting Private Limited | |||
| Zion Digital Technologies Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Magneum Technology Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Magneum Technology has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAPCM2275D1ZA | Uttar Pradesh | Active | 05 Dec 2021 |
To see the full GST registrations and return filing status of Magneum Technology Private Limited, buy the company report.
Recent activity
Magneum Technology Private Limited has 3 board changes on record since 2021: 2 appointments and 1 cessation. The latest: Tarun Sainani ceased to be Director on 21 Nov 2023.
Charges
A charge registered on 04 Jan 2024 via Charge ID 100856473 with Others was fully satisfied on 02 Jun 2025.
Charges
A charge with Others of Rs. 5.00 Cr registered on 28 Mar 2024 with Charge ID 100937861 was modified on 01 May 2025.
Charges
A charge with Others amounted to Rs. 7.00 Cr with Charge ID 101091700 was registered on 08 Apr 2025.
Charges
A charge with Others of Rs. 14.10 Cr registered on 22 Aug 2024 with Charge ID 100975976 was modified on 01 Apr 2025.
Charges
A charge registered on 28 Feb 2024 via Charge ID 100885278 with Others was fully satisfied on 24 Mar 2025.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 101102288 was registered on 06 Feb 2025.
Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 101037912 was registered on 30 Dec 2024.
Charges
A charge with Others amounted to Rs. 8.00 Cr with Charge ID 101019946 was registered on 30 Nov 2024.
AGM
Magneum Technology Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 14.10 Cr with Charge ID 100975976 was registered on 22 Aug 2024.
Filing
Magneum Technology Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100937861 was registered on 28 Mar 2024.
6 earlier events are in the company report.
News
Frequently asked questions
Magneum Technology is an active private limited company based in Noida, Uttar Pradesh, India. The company works in online real estate platforms, within the internet industry. It was incorporated on 29 November 2021 (5+ years old) and is registered under CIN U68200UP2021PTC156100.
Magneum Technology has 2 current directors:
- Tarun Sainani - Director
- Deepak Bhatia - Director
The latest financial statements of Magneum Technology on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Magneum Technology is 09AAPCM2275D1ZA, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Magneum Technology is U68200UP2021PTC156100. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magneum Technology has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending.
Magneum Technology was incorporated on 29 November 2021, making it 5+ years old. It is registered with the Registrar of Companies, Kanpur.
Magneum Technology has 5 deals on record (3 funding rounds, 2 convertible or debt financings), with disclosed funding of ₹210.43 Cr; the latest was in October 2025.
The peers of Magneum Technology by revenue are Kots Renting Private Limited, Areion Real Estate Services Private Limited, Altre Digital Private Limited, all in the Ecommerce and Internet industry (Real Estate Services), with the same principal business activity (real estate activities with own or leased property).
Tarun Sainani ceased to be Director on 21 Nov 2023. Deepak Bhatia was appointed as Director on 29 Nov 2021. Tarun Sainani was appointed as Director on 29 Nov 2021.
Yes, Magneum Technology is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Magneum Technology is registered as an MSME under Udyam registration (number: UDYAM-UP-28-0031526).