
Magnnavant Technologies Private Limited
About Magnnavant Technologies Private Limited
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Magnnavant Technologies Private Limited is a private limited company based in Mysore, Karnataka, India, recognised as a startup by DPIIT. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 17 February 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29309KA2018PTC110230. Its GSTIN is 29AALCM6200C1ZP (Karnataka).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Boraiah Bharathi and Nanjegowda Siddegowda Mangaravalli.
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 Plot No. 278/D Hebbal Industrial Area Ilwala Hobli, Mysore, Karnataka, India – 570016.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.84 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net loss of ₹26.88 Lakh (net margin -14.6%) and EBITDA of ₹24.13 Lakh (EBITDA margin 13.1%). Revenue has grown at a compounded annual rate (CAGR) of 64% over three years and 44% over five years.
As per MCA filings, the company has open charges of ₹4.6 Cr on record.
Magnnavant Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-22-0004907).
Company details
Recognitions & Rankings of Magnnavant Technologies
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-22-0004907
Contact details
Magnnavant Technologies Private Limited's registered office is in Mysore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. 278/D Hebbal Industrial Area Ilwala Hobli, Mysore, Karnataka, India – 570016
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Magnnavant Technologies Private Limited, buy the company report.
- 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 Magnnavant Technologies is manufacturing. In detail, this covers manufacture of fabricated metal products, except machinery and equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 25 | Manufacture of fabricated metal products, except machinery and equipment |
To see the full business activity and turnover split of Magnnavant Technologies Private Limited, buy the company report.
Financials of Magnnavant Technologies Private Limited
FY 2025 filings availableMagnnavant Technologies Private Limited reported revenue of ₹1.84 Cr (down 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 44%. EBITDA fell 12% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹24.13 Lakh | ||||
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| Net Profit (PAT) | -₹26.88 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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| Profitability | |||||
| EBITDA Margin | 13.1% | ||||
| Net Profit Margin | -14.6% | ||||
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To see the full financial statements and ratios of Magnnavant Technologies Private Limited, buy the company report.
Board of directors of Magnnavant Technologies Private Limited
Magnnavant Technologies has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Boraiah Bharathi | Director | 25 Jun 2018 | 8 Years 4 Months | Current |
| Kampalapura Krishna Guligowda | Additional Director | 01 Feb 2022 | 4 Years 9 Months | Current |
| Nanjegowda Siddegowda Mangaravalli | Director | 11 Oct 2019 | 7 Years 0 Months | Current |
| Kaushik Mysore Nanje Gowda Also directs: Magnnavant Forging Private Limited, Kaushik Infracon (Mysore) Private Limited, Virex Electrical India Private Limited and 1 more | Director | 17 Feb 2018 | 8 Years 8 Months | Current |
Auditor
Magnnavant Technologies Private Limited is audited by Mayuresh & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mayuresh & Co | FY 2023 | 016959S |
Shareholding
The shareholding of Magnnavant Technologies Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Magnnavant Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jan 2020 | 100319584 | Karnataka State Financial Corporation | ₹4.6 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Magnnavant Technologies 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 Magnnavant Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Magnnavant Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AALCM6200C1ZP | Karnataka | Active | 12 Mar 2018 |
To see the full GST registrations and return filing status of Magnnavant Technologies Private Limited, buy the company report.
Recent activity
Magnnavant Technologies Private Limited has 5 board changes on record since 2018: 4 appointments and 1 cessation. The latest: Kampalapura Krishna Guligowda was appointed as Additional Director on 01 Feb 2022.
Frequently asked questions
Magnnavant Technologies is an active private limited company based in Mysore, Karnataka, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 17 February 2018 (8+ years old) and is registered under CIN U29309KA2018PTC110230.
Magnnavant Technologies has 4 current directors:
- Boraiah Bharathi - Director
- Kampalapura Krishna Guligowda - Additional Director
- Nanjegowda Siddegowda Mangaravalli - Director
- Kaushik Mysore Nanje Gowda - Director
The latest financial statements of Magnnavant Technologies 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 2018 are in the company report.
The GSTIN of Magnnavant Technologies is 29AALCM6200C1ZP, registered in Karnataka.
The CIN (Corporate Identification Number) of Magnnavant Technologies is U29309KA2018PTC110230. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magnnavant Technologies was incorporated on 17 February 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Kampalapura Krishna Guligowda was appointed as Additional Director on 01 Feb 2022. Nanjegowda Siddegowda Mangaravalli was appointed as Director on 11 Oct 2019. Rashmi Eregowda ceased to be Director on 10 Aug 2018. Magnnavant Technologies has 5 board changes on record in total.
Yes, Magnnavant Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Magnnavant Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-22-0004907).
The registered office of Magnnavant Technologies is at Plot No. 278D Hebbal Industrial Area Ilwala Hobli, Mysore, Karnataka, India – 570016.

