Magnicor Corporation LLP
About Magnicor Corporation LLP
Data last updated:
Magnicor Corporation LLP was a limited liability partnership (LLP) based in Jaipur, Rajasthan, India. The LLP has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 04 April 2019.
The LLP was registered with the Registrar of Companies (ROC), Jaipur, under LLPIN AAO-7882. The LLP has 1 GST registration on record, which is no longer active.
The LLP had a total obligation of contribution of ₹1 Lakh. It was led by designated partners including Anil Gupta and Anant Gupta.
Its latest statement of accounts is for the year ended 31 March 2024. The registered office was at N K Towers Purohit Ji Ka Bagh Gopinath Marg, Jaipur, Rajasthan, India – 302001.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹1.54 Lakh. For the same year it recorded a net loss of ₹10,448 (net margin -6.8%) and EBITDA of -₹14,781 (EBITDA margin -9.6%). Revenue has declined at a compounded annual rate (CAGR) of 56% over three years.
Company details
Contact details
Magnicor Corporation LLP's registered office is in Jaipur, Rajasthan. Its e-mail address is in the company report.
- Email
- Registered AddressN K Towers Purohit Ji Ka Bagh Gopinath Marg, Jaipur, Rajasthan, India – 302001
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of Magnicor Corporation LLP, 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 Magnicor Corporation LLP
FY 2024 filings availableMagnicor Corporation LLP reported revenue of ₹1.54 Lakh for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 56% over three years. 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
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| 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 | -₹10,448 | |||
| 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 Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| Net Profit Margin | -6.8% | |||
| 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 Magnicor Corporation LLP, buy the company report.
Designated partners of Magnicor Corporation LLP
Magnicor Corporation has 3 designated partners on record. No former designated partners are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anil Gupta Also directs: Navjivan Constructions P Ltd, Jeewan Vihar Constructions P Ltd | Designated Partner | 04 Apr 2019 | 7 Years 7 Months | As last reported |
| Anant Gupta | Designated Partner | 04 Apr 2019 | 7 Years 7 Months | As last reported |
| Meena Gupta | Designated Partner | 04 Apr 2019 | 7 Years 7 Months | As last reported |
Legal cases
No court or tribunal cases involving Magnicor Corporation LLP are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Magnicor Corporation LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Magnicor Corporation has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Magnicor Corporation LLP, buy the company report.
Recent activity
Magnicor Corporation LLP has 3 designated partner changes on record since 2019: 3 appointments. The latest: Anant Gupta was appointed as Designated Partner on 04 Apr 2019.
Frequently asked questions
Magnicor Corporation has a status of "Struck Off" as per MCA records. This means the LLP has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off LLP cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Magnicor Corporation was a limited liability partnership based in Jaipur, Rajasthan, India. The LLP worked in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 04 April 2019 and is registered under LLPIN AAO-7882. The LLP has been struck off by the Registrar of Companies and is no longer operational.
Magnicor Corporation had 3 designated partners:
- Anil Gupta - Designated Partner
- Anant Gupta - Designated Partner
- Meena Gupta - Designated Partner
The LLPIN (Limited Liability Partnership Identification Number) of Magnicor Corporation is AAO-7882. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
The registered office of Magnicor Corporation is at N K Towers Purohit Ji Ka Bagh Gopinath Marg, Jaipur, Rajasthan, India – 302001.
Magnicor Corporation was incorporated on 04 April 2019. It is registered with the Registrar of Companies, Jaipur.
The latest financial statements of Magnicor Corporation on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 31 March 2024. Year-wise statements from FY 2020 are in the company report.
No. Magnicor Corporation has 1 GST registration on record and it is cancelled or inactive.
Magnicor Corporation operated in the consumer goods industry, in the jewelry and gemstone retail and distribution segment. It worked in this industry before it was struck off.
Anant Gupta was appointed as Designated Partner on 04 Apr 2019. Anil Gupta was appointed as Designated Partner on 04 Apr 2019. Meena Gupta was appointed as Designated Partner on 04 Apr 2019.
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.
