Magnite Developers Private Limited - Company Profile

It is a real estate and construction private limited company based in Pune, Maharashtra, India, established in 2022.
2022 Pune, Maharashtra, India Active
Last Updated:
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About Magnite Developers Private Limited

Magnite Developers Private Limited, a active private limited company, was established on 05 January 2022 in Pune, Maharashtra, India. Engaging in real estate builders & developers within the construction sector, it holds CIN: U45309PN2022PTC207434. Registered under ROC Roc Pune. it is unlisted. It has an authorized capital of ₹0.10 M and a paid-up capital of ₹0.10 M.

Employing 111 professional, Its leadership includes Surendra Damodhar Patil (Director), Ashok Dhanraj Chordia (Director), Bhushan Vilaskumar Palresha (Director). Past directors included Ayush Jhanwar, Anup Vishwakarma, Surendra Damodhar Patil. It holds ₹800.00 Cr open charges and ₹180.00 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 3Rd Floor, S. No. -34, Near Inorbit Mall Wadgaon Sheri, Pune, Maharashtra, 411014.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U45309PN2022PTC207434

  • Registration Number

    207434

  • Incorporation Date

    05 January 2022

  • Authorized Capital

    ₹0.10 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Pune

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 4 Year, 1 Month
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 800.00 Cr
  • Satisfied Charges ₹ 180.00 Cr
  • Revenue Growth **** 1910102.29%
  • Ebitda **** 103.43%
  • Net Worth -107337.00%
  • Total Assets **** 1511.63%
Company report

Magnite Developers Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Magnite Developers 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 Magnite Developers Private Limited?
Current Directors
Name Designation Appointment Date Status
Surendra Damodhar Patil Director 27 Mar 2023 Current
Ashok Dhanraj Chordia Director 12 Feb 2024 Current
Bhushan Vilaskumar Palresha Director 05 Jan 2022 Current
Ravi Jain Additional Director 05 Nov 2025 Current
Sheetal Prajapat Additional Director 05 Nov 2025 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Cfo(Kmp) - Past
Pramod Abcsdd Additional Director 09 Sep 2024 Past
Pramod Abcsdd Additional Director 29 Sep 2023 Past
Pramod Abcsdd Additional Director 09 May 2024 Past
Pramod Abcsdd Company Secretary 22 Jul 2023 Past
Pramod Abcsdd Additional Director 29 Sep 2023 Past

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Financial Performance of Magnite Developers.

Magnite Developers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 1910102.29% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth observed a substantial decline by a decrease of 107337%.

Magnite Developers revenue growth over time
Magnite Developers 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
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 1910102.29%
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Revenue from Operations
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Total Assets
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 1511.63%
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Profit or Loss
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Net Worth
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 -107337.00%
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EBITDA
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 103.43%
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*******
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What is the Ownership and Shareholding Structure of Magnite Developers?

Unlock access to Magnite Developers'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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Charges (Loans)
Open Charges

₹8,000,000,000.00

Satisfied Charges

₹1,800,000,000.00

Charges Breakdown by Lending Institutions
  • Others : 800.00 Cr
Latest Charge Details
Date Lender Amount Status
04 Oct 2022 Others ₹800.00 Cr Open
14 Jul 2022 Others ₹180.00 Cr Satisfied

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How Many Employees Work at Magnite Developers?

Magnite Developers has a workforce of 111 employees as of Mar 27, 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 Magnite Developers, 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 Magnite Developers'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 Magnite Developers
Recent Activity within the Organization
  • Director Appointment

    Progress on Ravi Jain was appointed as a Additional Director was appointed as a Additional Director on 05 Nov 2025 & has been associated with this company since 3 months 29 days . was documented.

  • Director Appointment

    Sheetal Prajapat was appointed as a Additional Director was appointed as a Additional Director on 05 Nov 2025 & has been associated with this company since 3 months 29 days . was recorded as a recent event.

  • Annual General Meeting

    Magnite Developers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Charges

    A charge with Others of Rs. 8,000.00 M registered on 04 Oct 2022 with Charge ID 100671371 was modified on 25 Sep 2025. was recorded as a recent event.

  • Balance Sheet

    Progress on Magnite Developers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune. was documented.

  • Director Appointment

    The activity Arjun Datta Irale was appointed as a Cfo was appointed as a Cfo on 11 Mar 2025 & has been associated with this company since 11 months 24 days . was completed.

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Frequently Asked Questions
What is the CIN of Magnite Developers Private Limited?

The CIN of Magnite Developers Private Limited is U45309PN2022PTC207434.

Where is Magnite Developers Private Limited headquartered?

Magnite Developers Private Limited is headquartered at 3Rd Floor, S. No. -34, Near Inorbit Mall Wadgaon Sheri, Pune, Maharashtra, 411014.

When was Magnite Developers Private Limited incorporated?

Magnite Developers Private Limited was incorporated on 05 January 2022.

Who are the current directors of Magnite Developers Private Limited?

The current directors of Magnite Developers Private Limited are

What is the primary industry of Magnite Developers Private Limited?

The primary industry of Magnite Developers Private Limited is Construction.

Is Magnite Developers Private Limited a listed company?

Magnite Developers Private Limited is unlisted.

What is the capital structure of Magnite Developers Private Limited?

The authorized capital of Magnite Developers Private Limited is ₹0.10 M, and the paid-up capital is ₹0.10 M.

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