- Category
- Micro (2020-21)
- Udyam number
- UDYAM-MH-26-0092438

Magnitude Innovations Private Limited
About Magnitude Innovations Private Limited
Data last updated:
Magnitude Innovations Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the magnetic segment of the electronics sector. It was incorporated on 08 February 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U31904PN2021PTC198411.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Pankaj Ramchandra Bansode and Ajit Jalindhar Harale.
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 Shop No.B – 6 Tanishq Sn – 4/1 Kharadi Opp. Gulmohar Orchid, Pune, Maharashtra, India – 411014.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.07 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.87 Lakh (net margin 1.4%) and EBITDA of ₹4.68 Lakh (EBITDA margin 2.3%).
Court records list 1 case involving the company, including 1 filed by the company.
Magnitude Innovations Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0092438).
Company details
Recognitions & Rankings of Magnitude Innovations
Contact details
Magnitude Innovations Private Limited's registered office is in Pune, Maharashtra.
- Registered AddressShop No.B – 6 Tanishq Sn – 4/1 Kharadi Opp. Gulmohar Orchid, Pune, Maharashtra, India – 411014
- IndustryElectrnoics, Magnetic, Electrical Equipment, Manufacturing
- 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
Business activity
The main business activity of Magnitude Innovations is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment |
To see the full business activity and turnover split of Magnitude Innovations Private Limited, buy the company report.
Financials of Magnitude Innovations Private Limited
FY 2025 filings availableMagnitude Innovations Private Limited reported revenue of ₹2.07 Cr (up 2507% YoY) for FY 2025.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹4.68 Lakh | ||||
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| Net Profit (PAT) | ₹2.87 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 2.3% | ||||
| Net Profit Margin | 1.4% | ||||
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To see the full financial statements and ratios of Magnitude Innovations Private Limited, buy the company report.
Board of directors of Magnitude Innovations Private Limited
Magnitude Innovations has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pankaj Ramchandra Bansode Also directs: Electrohut India Private Limited | Director | 08 Feb 2021 | 5 Years 9 Months | Current |
| Ajit Jalindhar Harale | Director | 08 Feb 2021 | 5 Years 9 Months | Current |
Peer comparison
Magnitude Innovations Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (computer, electronic, communication and scientific measuring & control equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aaradhya Electronics Private Limited | ₹2.11 Cr (FY 2024) | 87.0% | Nashik, Maharashtra, India | |||
| Abm Energo Engineers Private Limited | ₹2.1 Cr (FY 2025) | 814.0% | Bangalore, Karnataka, India | |||
| Quantic Electronics Private Limited | ₹2.09 Cr (FY 2025) | 127.0% | Chennai, Tamil Nadu, India | |||
| Rnaux Global India Private Limited | ₹2.09 Cr (FY 2024) | -1.0% | Gurgaon, Haryana, India | |||
| Chaarms Electrical and Electronics Private Limited | ₹2.08 Cr (FY 2025) | 40.0% | Mumbai, Maharashtra, India | |||
| Magnitude Innovations Private Limitedthis company | ₹2.07 Cr (FY 2025) | ₹2.87 Lakh | 1.4% | 2507.0% | Pune, Maharashtra, India | |
| Aerona International Impex (India) Private Limited | ₹2.07 Cr (FY 2025) | -22.0% | Sinnar, Maharashtra, India | |||
| Blurhino Secure Storage Private Limited | ₹2.07 Cr (FY 2025) | 3.0% | Tiruvallur, Tamil Nadu, India | |||
| Orion Automation Systems Private Limited | ₹2.07 Cr (FY 2024) | -9.0% | Bangalore, Karnataka, India | |||
| Sagetech Automation Private Limited | ₹2.06 Cr (FY 2018) | -25.0% | Pune, Maharashtra, India | |||
| Provalue Electric Private Limited | ₹2.05 Cr (FY 2021) | Jaipur, Rajasthan, India |
To see the full peer comparison of Magnitude Innovations Private Limited, buy the company report.
Legal cases
Magnitude Innovations Private Limited has 1 court case on record: 1 filed by Magnitude Innovations. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Appeal | Filed by the company against Registrar of Companies Pune | Disposed |
To see the full case history of Magnitude Innovations Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Magnitude Innovations 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 Magnitude Innovations Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Magnitude Innovations Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Ajit Jalindhar Harale was appointed as Director on 08 Feb 2021.
Frequently asked questions
Magnitude Innovations is an active private limited company based in Pune, Maharashtra, India. The company works in magnetic, within the electronics industry. It was incorporated on 08 February 2021 (5+ years old) and is registered under CIN U31904PN2021PTC198411.
Magnitude Innovations has 2 current directors:
- Pankaj Ramchandra Bansode - Director
- Ajit Jalindhar Harale - Director
The latest financial statements of Magnitude Innovations on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Magnitude Innovations is U31904PN2021PTC198411. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magnitude Innovations has 1 court case on record: 1 filed by the company.
Magnitude Innovations was incorporated on 08 February 2021, making it 5+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Magnitude Innovations by revenue are Aaradhya Electronics Private Limited, Abm Energo Engineers Private Limited, Quantic Electronics Private Limited, Rnaux Global India Private Limited, Chaarms Electrical and Electronics Private Limited and 5 more, all in the same principal business activity (computer, electronic, communication and scientific measuring & control equipment).
Ajit Jalindhar Harale was appointed as Director on 08 Feb 2021. Pankaj Ramchandra Bansode was appointed as Director on 08 Feb 2021.
Yes, Magnitude Innovations is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0092438).
The registered office of Magnitude Innovations is at Shop No.B – 6 Tanishq Sn – 41 Kharadi Opp. Gulmohar Orchid, Pune, Maharashtra, India – 411014.
Magnitude Innovations operates in the electronics industry, in the magnetic segment.

