Magnifund Financial Services Private Limited - Company Profile

It is a financial services private limited company based in Bangalore North, Karnataka, India, established in 2018.
2018 Bangalore North, Karnataka, India Active
Last Updated:
About Magnifund Financial Services Private Limited

Magnifund Financial Services Private Limited, a active private limited company, was established on 15 November 2018 in Bangalore North, Karnataka, India. Engaging in other financial intermediation within the financial services sector, it holds CIN: U65990KA2018PTC118565. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹2.11 Cr and a paid-up capital of ₹2.11 Cr.

Its leadership includes Abhinav Gupta (Additional Director), Kartik Jain (Director). Past directors included Anil Chopra, Venkatesh Manjunatha. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at No. 100/2, 1St Floor, Banaswadi Main Road, Subbana Palya, Bangalore North, Karnataka, 560033.

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

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U65990KA2018PTC118565

  • Registration Number

    118565

  • Incorporation Date

    15 November 2018

  • Authorized Capital

    ₹2.11 Cr

  • Paid-Up Capital

    ₹2.11 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.11 Cr
  • Paid Up Capital ₹ 2.11 Cr
  • Company Age 7 Year, 3 Months
  • Last Filing with ROC 31 Mar 2025
  • Revenue Growth **** 870.98%
  • Profit Growth **** 872.35%
  • Ebitda **** -100.49%
  • Net Worth 4.00%
  • Total Assets **** 5.49%
Company report

Magnifund Financial Services Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Magnifund Financial Services 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 Magnifund Financial Services Private Limited?
Current Directors
Name Designation Appointment Date Status
Abhinav Gupta Additional Director 23 Feb 2024 Current
Kartik Jain Director 15 Nov 2018 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 23 Feb 2024 Past
Pramod Abcsdd Director 25 May 2021 Past

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Financial Performance of Magnifund Financial Services.

Magnifund Financial Services Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 870.98% increase. The company also saw a substantial improvement in profitability, with a 872.35% increase in profit. The company's net worth moved up by a moderate rise of 4%.

Magnifund Financial Services revenue growth over time
Magnifund Financial Services profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

  • 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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870.98%
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Revenue from Operations
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Total Assets
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5.49%
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Profit or Loss
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872.35%
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Net Worth
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4.00%
*******
*******
*******
*******
EBITDA
*******
-100.49%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Magnifund Financial Services?

Unlock access to Magnifund Financial Services'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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How Many Employees Work at Magnifund Financial Services?

Unlock and access historical data on people associated with Magnifund Financial Services, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

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

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Rating
Graph displaying rating trends over time

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Alerts
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Latest Updates, News, and FAQs on Magnifund Financial Services
Recent Activity within the Organization
  • Annual General Meeting

    The activity Magnifund Financial Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was completed.

  • Balance Sheet

    The activity Magnifund Financial Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was completed.

  • Director Appointment

    Progress on Abhinav Gupta was appointed as a Additional Director was appointed as a Additional Director on 23 Feb 2024 & has been associated with this company since 2 years 13 days . was documented.

  • Director Appointment

    The activity Kartik Jain was appointed as a Director was appointed as a Director on 15 Nov 2018 & has been associated with this company since 7 years 3 months . was completed.

  • Company Incorporation

    Magnifund Financial Services Private Limited was registered on 15 Nov 2018 with Roc Bangalore & aged 7 years 3 months as per MCA records. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Magnifund Financial Services Private Limited?

The CIN of Magnifund Financial Services Private Limited is U65990KA2018PTC118565.

Where is Magnifund Financial Services Private Limited headquartered?

Magnifund Financial Services Private Limited is headquartered at No. 100/2, 1St Floor, Banaswadi Main Road, Subbana Palya, Bangalore North, Karnataka, 560033.

When was Magnifund Financial Services Private Limited incorporated?

Magnifund Financial Services Private Limited was incorporated on 15 November 2018.

Who are the current directors of Magnifund Financial Services Private Limited?

The current directors of Magnifund Financial Services Private Limited are

What is the primary industry of Magnifund Financial Services Private Limited?

The primary industry of Magnifund Financial Services Private Limited is Financial Services.

Is Magnifund Financial Services Private Limited a listed company?

Magnifund Financial Services Private Limited is unlisted.

What is the capital structure of Magnifund Financial Services Private Limited?

The authorized capital of Magnifund Financial Services Private Limited is ₹2.11 Cr, and the paid-up capital is ₹2.11 Cr.

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