Magnite Properties Private Limited

Magnite Properties Private Limited - real estate and construction in Pune, Maharashtra, India. Directors, charges & compliance details.
CIN U70109PN2021PTC205728 Incorporated 30 October 2021 ROC Pune HQ Pune, Maharashtra, India
Active Private Limited Company real estate and construction MSME · Micro
Data last updated
Revenue · FY 2023
₹1.91 Cr
Latest filing
Net loss · FY 2023
₹7.94 Lakh
Net margin -4.2%
EBITDA · FY 2023
₹1.68 Cr
EBITDA margin 88.2%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹20 Cr
Secured borrowings
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings

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

CIN U70109PN2021PTC205728
Registration Number 205728
Incorporation Date 30 October 2021
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2023
Date of Balance Sheet 31 March 2023
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0301234

Recognitions & Rankings of Magnite Properties

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-26-0301234

Contact details

Magnite Properties Private Limited's registered office is in Pune, Maharashtra.

  • Social Media
  • Registered Address
    Sr. No. 36/1/1 Office No. 701 7th Floor Chordia Gr., Pune, Maharashtra, India – 411045
  • Industry
    Real Estate and Construction, Real Estate Builders & Developers
Comprehensive company report
Magnite Properties Private Limited - one report that includes everything
  • 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
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Financials of Magnite Properties Private Limited

FY 2023 filings available

Magnite Properties Private Limited reported revenue of ₹1.91 Cr for FY 2023.

Revenue · FY 2023
₹1.91 Cr
Net loss · FY 2023
₹7.94 Lakh margin -4.2%
EBITDA · FY 2023
₹1.68 Cr margin 88.2%

Financial Statement Summary

MetricsFY 2022-23FY 2021-22
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹1.68 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹7.94 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2022-23FY 2021-22
Profitability
EBITDA Margin88.2%
Net Profit Margin-4.2%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

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.

Current Directors
NameDesignationAppointment DateTenureStatus
Umesh Shankarlalji KankariaDirector07 Feb 20242 Years 9 MonthsCurrent
Prakash Ramlakhan AgarwalDirector31 Dec 20241 Years 10 MonthsCurrent

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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
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

Open charges
₹20 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹20.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
04 Dec 2025101201208Others₹20 CrOpen

Total charge records: 1 View all charges

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.

Charges
A charge with Others amounted to Rs. 2,000.00 Lakh with Charge ID 101201208 was registered on 04 Dec 2025.
Ceased
Prakash Ramlakhan Agarwal ceased to be Additional Director.
Appointed
Prakash Ramlakhan Agarwal was appointed as Director.
Ceased
Sumit Ramesh Diwane ceased to be Additional Director.
Ceased
Umesh Shankarlalji Kankaria ceased to be Additional Director.
Ceased
Atul Ashok Chordia ceased to be Director.
Ceased
Ashok Dhanraj Chordia ceased to be Director.
Appointed
Umesh Shankarlalji Kankaria was appointed as Director.
AGM
Magnite Properties Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.
Ceased
Malav Jayant Shah ceased to be Additional Director.
Filing
Magnite Properties Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.
Ceased
Nagamallesh Gattu ceased to be Additional Director.

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:

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.