Magnite Developers Private Limited
About Magnite Developers Private Limited
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Magnite Developers Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 05 January 2022.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U45309PN2022PTC207434. Its GSTIN is 27AAPCM3376F1Z4 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Surendra Damodhar Patil and Ashok Dhanraj Chordia.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 3rd Floor S. No. – 34 Near Inorbit Mall Wadgaon Sheri, Pune, Maharashtra, India – 411014.
As per the financials filed for FY 2025, the company reported a revenue of ₹288.65 Cr, a growth of 14% compared to the previous year.
The company has about 111 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹800 Cr and satisfied charges of ₹180 Cr on record.
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- Registered Address3rd Floor S. No. – 34 Near Inorbit Mall Wadgaon Sheri, Pune, Maharashtra, India – 411014
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
- One PDF report, delivered after checkout
Business Activity of Magnite Developers
The main business activity of Magnite Developers is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | Locked |
Business activity turnover details for Magnite Developers Private Limited
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Magnite Developers
Auditor information for Magnite Developers Private Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Board of Directors of Magnite Developers Private Limited
Magnite Developers has 5 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Surendra Damodhar Patil Also directs: Polaris Health Avenue LLP, Vardhan Constructions Baner LLP, S3v Enterprises LLP and 5 more | Director | 27 Mar 2023 | 3 Years 6 Months | Current |
| Ashok Dhanraj Chordia | Director | 12 Feb 2024 | 2 Years 7 Months | Current |
| Bhushan Vilaskumar Palresha | Director | 05 Jan 2022 | 4 Years 9 Months | Current |
| Ravi Jain | Additional Director | 05 Nov 2025 | 0 Years 11 Months | Current |
| Sheetal Prajapat Also directs: Trinossa LLP | Additional Director | 05 Nov 2025 | 0 Years 11 Months | Current |
Financials of Magnite Developers Private Limited FY 2025 filings available
Magnite Developers Private Limited reported revenue of ₹288.65 Cr (up 14.00% YoY) for FY 2025.
Ten-year financial statements for Magnite Developers Private Limited
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Magnite Developers
Shareholding and ownership data for Magnite Developers Private Limited
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Magnite Developers
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Oct 2022 | Others | ₹800 Cr | Open |
| 14 Jul 2022 | Others | ₹180 Cr | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Magnite Developers
Magnite Developers Private Limited has a workforce of 111 employees as of Mar 27, 2024.
Employee and EPFO history for Magnite Developers Private Limited
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Magnite Developers
Magnite Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAPCM3376F1Z4 | Maharashtra | Active | 07 Feb 2022 |
GST registrations and filing compliance for Magnite Developers Private Limited
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Magnite Developers
Credit ratings, litigation, and regulatory alerts for Magnite Developers Private Limited
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Magnite Developers
MSME payment history for Magnite Developers Private Limited
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Magnite Developers
Corporate group structure for Magnite Developers Private Limited
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Magnite Developers
MCA filings and documents for Magnite Developers Private Limited
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Magnite Developers
Frequently Asked Questions about Magnite Developers Private Limited
Magnite Developers is an active private limited company based in Pune, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 05 January 2022 (4+ years old) and is registered under CIN U45309PN2022PTC207434.
Magnite Developers reported revenue of ₹288.65 Cr for FY 2025 (up 14.00% YoY).
Magnite Developers has 5 current directors:
- Surendra Damodhar Patil - Director
- Ashok Dhanraj Chordia - Director
- Bhushan Vilaskumar Palresha - Director
- Ravi Jain - Additional Director
- Sheetal Prajapat - Additional Director
The GSTIN of Magnite Developers is 27AAPCM3376F1Z4, registered in Maharashtra.
The CIN (Corporate Identification Number) of Magnite Developers is U45309PN2022PTC207434. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magnite Developers was incorporated on 05 January 2022, making it 4+ years old. It is registered with the Registrar of Companies, Pune.
The registered office of Magnite Developers is at 3rd Floor S. No. – 34 Near Inorbit Mall Wadgaon Sheri, Pune, Maharashtra, India – 411014.
Magnite Developers has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Magnite Developers operates in the real estate and construction industry, in the real estate builders and developers segment.