Magnify Industries Private Limited - Company Profile

It is a energy and power private limited company based in Vadodara, Gujarat, India, established in 2018.
2018 Vadodara, Gujarat, India Active
Last Updated:
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About Magnify Industries Private Limited

Magnify Industries Private Limited, a active private limited company, was established on 05 September 2018 in Vadodara, Gujarat, India. Engaging in power equipment manufacturers within the manufacturing sector, it holds CIN: U31909GJ2018PTC103897. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹2.50 M and a paid-up capital of ₹2.50 M.

Employing 37 professional, Its leadership includes Shalin Darshakbhai Mehta (Director), Darshak Madhukant Mehta (Director). It holds ₹2.68 Cr open charges and ₹2.61 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 906, Vihav Supremus, Opp. Shell Petroleum, Near Iscon Heights, , Gotri, Vadodara, Gujarat, 390021.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U31909GJ2018PTC103897

  • Registration Number

    103897

  • Incorporation Date

    05 September 2018

  • Authorized Capital

    ₹2.50 M

  • Paid-Up Capital

    ₹2.50 M

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 7 Year, 5 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 2.68 Cr
  • Satisfied Charges ₹ 2.61 Cr
  • Revenue Growth **** 31.78%
  • Profit Growth **** -66.59%
  • Ebitda **** 9.36%
  • Net Worth 12.21%
  • Total Assets -24.48%
Company report

Magnify Industries Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Magnify Industries 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 Magnify Industries Private Limited?
Current Directors
Name Designation Appointment Date Status
Shalin Darshakbhai Mehta Director 05 Sep 2018 Current
Darshak Madhukant Mehta Director 05 Sep 2018 Current

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Financial Performance of Magnify Industries.

Magnify Industries Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 31.78% increase. The company also saw a substantial fall in profitability, with a 66.59% decrease in profit. The company's net worth Soared by an impressive increase of 12.21%.

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

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
********
 31.78%
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*******
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Revenue from Operations
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 31.12%
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*******
*******
Total Assets
*******
 -24.48%
*******
*******
*******
*******
Profit or Loss
*******
 -66.59%
*******
*******
*******
*******
Net Worth
*******
 12.21%
*******
*******
*******
*******
EBITDA
*******
 9.36%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Magnify Industries?

In 2020, Magnify Industries had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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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Charges (Loans)
Open Charges

₹26,801,000.00

Satisfied Charges

₹26,100,000.00

Charges Breakdown by Lending Institutions
  • Hdfc Bank Limited : 2.48 Cr
  • Others : 0.20 Cr
Latest Charge Details
Date Lender Amount Status
20 Jul 2024 Hdfc Bank Limited ₹2.00 M Open
10 Apr 2023 Hdfc Bank Limited ₹1.50 M Open
02 Nov 2021 Hdfc Bank Limited ₹2.13 Cr Open
23 Oct 2021 Others ₹2.00 M Open
24 Jan 2019 Axis Bank Limited ₹1.03 Cr Satisfied

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How Many Employees Work at Magnify Industries?

Magnify Industries has a workforce of 37 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

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

Gain comprehensive insights into the Deals and Valuation data of Magnify Industries, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Magnify Industries's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Magnify Industries
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Magnify Industries Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.

  • Balance Sheet

    Magnify Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was recorded as a recent event.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 21.30 M registered on 02 Nov 2021 with Charge ID 100505349 was modified on 31 Dec 2024. was recorded as a recent event.

  • Charges

    The activity A charge with Hdfc Bank Limited amounted to Rs. 2.00 M with Charge ID 100951394 was registered on 20 Jul 2024. was completed.

  • Charges

    The activity A charge with Hdfc Bank Limited amounted to Rs. 1.50 M with Charge ID 100711312 was registered on 10 Apr 2023. was completed.

  • Charges

    Progress on A charge registered on 24 Jan 2019 via Charge ID 100235536 with Axis Bank Limited was fully satisfied on 03 Dec 2021. was documented.

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Frequently Asked Questions
What is the CIN of Magnify Industries Private Limited?

The CIN of Magnify Industries Private Limited is U31909GJ2018PTC103897.

Where is Magnify Industries Private Limited headquartered?

Magnify Industries Private Limited is headquartered at 906, Vihav Supremus, Opp. Shell Petroleum, Near Iscon Heights, , Gotri, Vadodara, Gujarat, 390021.

When was Magnify Industries Private Limited incorporated?

Magnify Industries Private Limited was incorporated on 05 September 2018.

Who are the current directors of Magnify Industries Private Limited?

The current directors of Magnify Industries Private Limited are

What is the primary industry of Magnify Industries Private Limited?

The primary industry of Magnify Industries Private Limited is Manufacturing.

Is Magnify Industries Private Limited a listed company?

Magnify Industries Private Limited is unlisted.

What is the capital structure of Magnify Industries Private Limited?

The authorized capital of Magnify Industries Private Limited is ₹2.50 M, and the paid-up capital is ₹2.50 M.

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