- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-26-0301234

About Magnite Properties Private Limited
Data last updated:
Magnite Properties 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 30 October 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U70109PN2021PTC205728.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Umesh Shankarlalji Kankaria and Prakash Ramlakhan Agarwal.
Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Sr. No. 36/1/1 Office No. 701 7th Floor Chordia Gr., Pune, Maharashtra, India – 411045.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.91 Cr. For the same year it recorded a net loss of ₹7.94 Lakh (net margin -4.2%) and EBITDA of ₹1.68 Cr (EBITDA margin 88.2%).
As per MCA filings, the company has open charges of ₹20 Cr on record.
Magnite Properties Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0301234). For more details, the company can be reached via its website solitaire.in.
Company details
Recognitions & Rankings of Magnite Properties
Contact details
Magnite Properties Private Limited's registered office is in Pune, Maharashtra.
- Social Media
- Registered AddressSr. No. 36/1/1 Office No. 701 7th Floor Chordia Gr., Pune, Maharashtra, India – 411045
- 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
Financials of Magnite Properties Private Limited
FY 2023 filings availableMagnite Properties Private Limited reported revenue of ₹1.91 Cr for FY 2023.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 |
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| EBITDA | ₹1.68 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹7.94 Lakh | |
| Balance Sheet | ||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 88.2% | |
| Net Profit Margin | -4.2% | |
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To see the full financial statements and ratios of Magnite Properties Private Limited, buy the company report.
Board of directors of Magnite Properties Private Limited
Magnite Properties has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Umesh Shankarlalji Kankaria | Director | 07 Feb 2024 | 2 Years 9 Months | Current |
| Prakash Ramlakhan Agarwal | Director | 31 Dec 2024 | 1 Years 10 Months | Current |
Peer comparison
Magnite Properties Private Limited is compared with the 10 companies closest to it by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Riddhima Weavtex Private Limited | ₹1.91 Cr (FY 2025) | 47.0% | Ghaziabad, Uttar Pradesh, India | |||
| Admire Estates Private Limited | ₹1.91 Cr (FY 2025) | -54.0% | New Delhi, Delhi, India | |||
| Greenapple Builder Private Limited | ₹1.91 Cr (FY 2025) | Lucknow, Uttar Pradesh, India | ||||
| Star Hitech Buildtech Private Limited | ₹1.91 Cr (FY 2025) | 61.0% | Jaipur, Rajasthan, India | |||
| Logosphere Property Developers Private Limited | ₹1.91 Cr (FY 2024) | 19.0% | Kozhikode, Kerala, India | |||
| Magnite Properties Private Limitedthis company | ₹1.91 Cr (FY 2023) | -₹7.94 Lakh | -4.2% | Pune, Maharashtra, India | ||
| Shakti Sarjan Private Limited | ₹1.91 Cr (FY 2025) | -2.0% | Surat, Gujarat, India | |||
| Shivaganga Infrastructures Limited | ₹1.91 Cr (FY 2019) | 30.0% | Hyderabad, Telangana, India | |||
| Rktect Constructions Private Limited | ₹1.91 Cr (FY 2024) | 38.0% | Delhi, India | |||
| Sagar Propcon Private Limited | ₹1.91 Cr (FY 2025) | -24.0% | Udaipur, Rajasthan, India | |||
| Hardsoft Constructions Private Limited | ₹1.91 Cr (FY 2025) | -42.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Magnite Properties Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Dec 2025 | 101201208 | Others | ₹20 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Magnite Properties Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Magnite Properties Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Magnite Properties Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Magnite Properties Private Limited has 9 board changes on record since 2022: 2 appointments and 7 cessations. The latest: Prakash Ramlakhan Agarwal ceased to be Additional Director on 29 Sep 2025.
1 earlier event is in the company report.
Frequently asked questions
Magnite Properties 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 30 October 2021 (5+ years old) and is registered under CIN U70109PN2021PTC205728.
Magnite Properties has 2 current directors:
- Umesh Shankarlalji Kankaria - Director
- Prakash Ramlakhan Agarwal - Director
The latest financial statements of Magnite Properties on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 29 September 2023. Year-wise statements from FY 2022 are in the company report.
The CIN (Corporate Identification Number) of Magnite Properties is U70109PN2021PTC205728. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magnite Properties was incorporated on 30 October 2021, making it 5+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Magnite Properties by revenue are Riddhima Weavtex Private Limited, Admire Estates Private Limited, Greenapple Builder Private Limited, Star Hitech Buildtech Private Limited, Logosphere Property Developers Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Prakash Ramlakhan Agarwal ceased to be Additional Director on 29 Sep 2025. Prakash Ramlakhan Agarwal was appointed as Director on 31 Dec 2024. Sumit Ramesh Diwane ceased to be Additional Director on 31 Dec 2024. Magnite Properties has 9 board changes on record in total.
Yes, Magnite Properties is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0301234).
Magnite Properties can be reached through the website solitaire.in. Its registered office is in Pune, Maharashtra, India.
The registered office of Magnite Properties is at Sr. No. 3611 Office No. 701 7th Floor Chordia Gr., Pune, Maharashtra, India – 411045.
Magnite Properties operates in the real estate and construction industry, in the real estate builders and developers segment.

