Magnifying Solutions Profile
Key Indicators
- Authorised Capital ₹ 0.10 M
- Paid Up Capital ₹ 0.10 M
- Company Age 12 Year, 15 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 5.77 Cr
- Revenue Growth 33.32%
- Profit Growth 95.01%
- Ebitda 53.82%
- Net Worth 194.39%
- Total Assets 16.64%
About Magnifying Solutions
Magnifying Solutions Private Limited (MSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 May 2013 and has a history of 12 years. Its registered office is in Kota, Rajasthan, India.
The Company is engaged in the Information Technology Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M.
The company currently has active open charges totaling ₹5.77 Cr.
Gaurav Jain and Sudha Jain serve as directors at the Company.
Company Details
- Location
Kota, Rajasthan, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U72900RJ2013PTC042680
- Company No.
042680
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
28 May 2013
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Jaipur
Industry
Information Technology
What products or services does Magnifying Solutions Private Limited offer?
Magnifying Solutions Private Limited offers a wide range of products and services, including Barware and Bar Accessories, Bar Accessories, Computer Hardware & Peripherals, Computer Monitors, Laptops, PC, Mainframes & Computers, Laptops.
Magnifying Solutions Private Limited
Explore comprehensive data for Magnifying Solutions Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Magnifying Solutions?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Gaurav Jain  | Director | 28-May-2013 | Current |
| Sudha Jain | Director | 28-May-2013 | Current |
Financial Performance of Magnifying Solutions.
Magnifying Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 33.32% increase. The company also saw a substantial improvement in profitability, with a 95.01% increase in profit. The company's net worth Soared by an impressive increase of 194.39%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Magnifying Solutions?
Unlock access to Magnifying Solutions'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.
Related Corporates (Common Directorship)
Raksha It Solutions Private LimitedGaurav Jain and Sudha Jain are mutual person
Charges (Loans)
Open Charges
₹57.70 M
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Others : 4.80 Cr
- Canara Bank : 0.97 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Apr 2023 | Others | ₹4.80 Cr | Open |
| 31 Jul 2018 | Canara Bank | ₹1.50 M | Open |
| 27 Oct 2017 | Canara Bank | ₹7.20 M | Open |
| 19 Sep 2015 | Canara Bank | ₹1.00 M | Open |
How Many Employees Work at Magnifying Solutions?
Unlock and access historical data on people associated with Magnifying Solutions, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Magnifying Solutions, 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 Magnifying Solutions's trajectory.
Rating
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Alerts
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Latest Updates, News, and FAQs on Magnifying Solutions
Recent activity within the organization
- Annual General Meeting
Magnifying Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Others of Rs. 48.00 M registered on 06 Apr 2023 with Charge ID 100696059 was modified on 30 Aug 2024.
- Balance Sheet
Magnifying Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jaipur.
- Charges
A charge with Others amounted to Rs. 48.00 M with Charge ID 100696059 was registered on 06 Apr 2023.
- Charges
A charge with Canara Bank of Rs. 7.20 M registered on 27 Oct 2017 with Charge ID 100155170 was modified on 15 Nov 2018.
- Charges
A charge with Canara Bank amounted to Rs. 1.50 M with Charge ID 100234556 was registered on 31 Jul 2018.
Frequently asked questions
What is the Incorporation or founding date of Magnifying Solutions Private Limited?
Magnifying Solutions Private Limited was incorporated on 28 May 2013.
What is authorized share capital and paid-up capital of Magnifying Solutions Private Limited?
The authorized share capital of Magnifying Solutions Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.
Who are the current board members & directors of Magnifying Solutions Private Limited?
Currently 2 directors are associated with Magnifying Solutions Private Limited.
- Gaurav Jain
- Sudha Jain
What is the registered address of Magnifying Solutions Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Magnifying Solutions Private Limited is 349 Shopping Centre India, Kota, Rajasthan, 324007.
What is the corporate identification number (CIN) and company number of Magnifying Solutions Private Limited?
The corporate identification number (CIN) of Magnifying Solutions Private Limited is U72900RJ2013PTC042680 and the company number is 042680 as per Ministry of Corporate Affairs (MCA).
What is the official website of Magnifying Solutions Private Limited?
The Official website of Magnifying Solutions Private Limited is https://www.magnifyinggroup.com
What has been the recent revenue trend for Magnifying Solutions Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Magnifying Solutions Private Limited has risen by 33.32%.
What change has been observed in the net worth of Magnifying Solutions Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Magnifying Solutions Private Limited has experienced an upsurge of 194.39%.
What are the total open charges for Magnifying Solutions Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Magnifying Solutions Private Limited amount to ₹ 5.77 Cr.
When was the last Balance Sheet of Magnifying Solutions Private Limited filed with the ROC?
The most recent Balance Sheet for Magnifying Solutions Private Limited was filed with the ROC on 31 Mar 2024.
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