Magnizest Elevators Llp - Company Profile

It is a machinery and equipment limited liability partnership based in Hyderabad, Telangana, India, established in 2017.
2017 Hyderabad, Telangana, India Active
Last Updated:
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About Magnizest Elevators Llp

Magnizest Elevators Llp, a active limited liability partnership, was established on 16 December 2017 in Hyderabad, Telangana, India. Engaging in material handling & storage equipment within the machinery and equipment sector, it holds LLPIN: AAL-4281. Registered under ROC Roc Hyderabad. It has total obligation of contribution of ₹2.20 Cr.

Employing 18 professional, Its leadership includes Sree Shilpa Jambhapuram (Designated Partner), Abhinav Kumar Reddy Jambhapuram (Designated Partner). It holds ₹4.54 Cr open charges and ₹5.59 Cr settled loans. Its latest date of accounts and solvency statement 31 March 2024. It is based at Sy No. 79, Phase - Iv, Ida Jeedimetla Gajularamaram Village, Medchal-Malkajgir, I, Hyderabad, Telangana, 500055.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    AAL-4281

  • Incorporation Date

    16 December 2017

  • Total Obligation of Contribution

    ₹2.20 Cr

  • ROC Code

    Roc Hyderabad

  • Company Status

    Active

Key Metrics
  • Obligation of Contribution ₹ 2.20 Cr
  • Company Age 8 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.54 Cr
  • Satisfied Charges ₹ 5.59 Cr
  • Revenue Growth **** 32.33%
  • Profit Growth **** -38.12%
  • Ebitda **** -85.87%
  • Total Assets **** 17.89%
Company report

Magnizest Elevators Llp

Company Report FY 2025-2026

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Who are the key members and board of directors at Magnizest Elevators Llp?
Current Designated Partners
Name Designation Appointment Date Status
Sree Shilpa Jambhapuram Designated Partner 16 Dec 2017 Current
Abhinav Kumar Reddy Jambhapuram Designated Partner 16 Dec 2017 Current

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Financial Performance of Magnizest Elevators Llp.

Magnizest Elevators Llp, for the financial year ended 2023, experienced significant growth in revenue, with a 32.33% increase. The company also saw a substantial fall in profitability, with a 38.12% decrease in profit. The company's net worth witnessed no change by increase of 0%.

Magnizest Elevators Llp revenue growth over time
Magnizest Elevators Llp 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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 32.33%
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Revenue from Operations
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 31.46%
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Total Assets
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 17.89%
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*******
Profit or Loss
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 -38.12%
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Net Worth
*******
*******
*******
*******
*******
*******
EBITDA
*******
 -85.87%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Magnizest Elevators Llp?

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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

₹45,400,000.00

Satisfied Charges

₹55,867,000.00

Charges Breakdown by Lending Institutions
  • Axis Bank Limited : 4.24 Cr
  • Tata Capital Financial Services Limited : 0.30 Cr
Latest Charge Details
Date Lender Amount Status
11 Jan 2024 Tata Capital Financial Services Limited ₹3.00 M Open
22 Jul 2023 Axis Bank Limited ₹4.24 Cr Open
21 Mar 2022 Bank Of Baroda ₹1.15 Cr Satisfied
06 Apr 2018 Bank Of Baroda ₹4.44 Cr Satisfied

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How Many Employees Work at Magnizest Elevators Llp?

Magnizest Elevators Llp has a workforce of 18 employees as of Apr 02, 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

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Rating
Graph displaying rating trends over time

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Alerts
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Latest Updates, News, and FAQs on Magnizest Elevators Llp
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Magnizest Elevators Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records. was documented.

  • Charges

    The activity A charge with Axis Bank Limited of Rs. 4.24 Cr registered on 22 Jul 2023 with Charge ID 100763515 was modified on 22 Aug 2024. was completed.

  • Statement of Assets & Liabilities

    Magnizest Elevators Llp has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad. was recorded as a recent event.

  • Charges

    Progress on A charge with Tata Capital Financial Services Limited amounted to Rs. 0.30 Cr with Charge ID 100869132 was registered on 11 Jan 2024. was documented.

  • Charges

    The activity A charge registered on 21 Mar 2022 via Charge ID 100631209 with Bank Of Baroda was fully satisfied on 07 Aug 2023. was completed.

  • Charges

    A charge registered on 06 Apr 2018 via Charge ID 100243806 with Bank Of Baroda was fully satisfied on 07 Aug 2023. was recorded as a recent event.

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Frequently Asked Questions
What is the LLPIN of Magnizest Elevators Llp?

The LLPIN of Magnizest Elevators Llp is AAL-4281.

Where is Magnizest Elevators Llp headquartered?

Magnizest Elevators Llp is headquartered at Sy No. 79, Phase - Iv, Ida Jeedimetla Gajularamaram Village, Medchal-Malkajgir, I, Hyderabad, Telangana, 500055.

When was Magnizest Elevators Llp incorporated?

Magnizest Elevators Llp was incorporated on 16 December 2017.

Who are the current directors of Magnizest Elevators Llp?

The current directors of Magnizest Elevators Llp are

What is the primary industry of Magnizest Elevators Llp?

The primary industry of Magnizest Elevators Llp is Machinery And Equipment.

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