Magnnavant Technologies Private Limited

Magnnavant Technologies Private Limited - machinery and equipment in Mysore, Karnataka, India. FY 2026 financials & compliance.
CIN U29309KA2018PTC110230 Incorporated 17 February 2018 ROC Bangalore HQ Mysore, Karnataka, India
Active Private Limited Company machinery and equipment Startup India MSME · Micro
Data last updated
Revenue · FY 2025
₹1.84 Cr
▼ 5% YoY
Net loss · FY 2025
₹26.88 Lakh
Net margin -14.6%
EBITDA · FY 2025
₹24.13 Lakh
EBITDA margin 13.1%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹4.6 Cr
Secured borrowings
Company age
8 yrs
Est. 2018
Directors on board
4
As per MCA filings

About Magnnavant Technologies Private Limited

Data last updated:

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

CIN U29309KA2018PTC110230
Registration Number 110230
Incorporation Date 17 February 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-22-0004907
Key People
Boraiah Bharathi Director Kampalapura Krishna Guligowda Additional Director Nanjegowda Siddegowda Mangaravalli Director

Recognitions & Rankings of Magnnavant Technologies

Startup India Government of India
MSME (Udyam registered) Ministry of MSME
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 Address
    Plot No. 278/D Hebbal Industrial Area Ilwala Hobli, Mysore, Karnataka, India – 570016
  • Industry
    Machinery and Equipment, Industrial Machinery Manufacturing

To see the full contact details of Magnnavant Technologies Private Limited, buy the company report.

Comprehensive company report
Magnnavant Technologies 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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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 codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturing25Manufacture 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 available

Magnnavant Technologies Private Limited reported revenue of ₹1.84 Cr (down 5% YoY) for FY 2025.

Revenue · FY 2025
₹1.84 Cr ▼ 5%
Net loss · FY 2025
₹26.88 Lakh margin -14.6%
EBITDA · FY 2025
₹24.13 Lakh margin 13.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 5%
3 years · compounded
▲ 64%
5 years · compounded
▲ 44%
EBITDA CAGR growth
1 year
▼ 12%
3 years · compounded
▲ 69%
5 years · compounded
▲ 62%

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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹24.13 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹26.88 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin13.1%
Net Profit Margin-14.6%
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 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.

Current Directors
NameDesignationAppointment DateTenureStatus
Boraiah Bharathi
Also directs: Magnnavant Forging Private Limited, Kaushik Infracon (Mysore) Private Limited, Yarnland Clothing Private Limited
Director25 Jun 20188 Years 4 MonthsCurrent
Kampalapura Krishna Guligowda
Also directs: Tirumalai Roller Flour Mills Private Limited, Jayakrishna Power Media Private Limited
Additional Director01 Feb 20224 Years 9 MonthsCurrent
Nanjegowda Siddegowda Mangaravalli
Also directs: Magnnavant Forging Private Limited, Kaushik Infracon (Mysore) Private Limited, Virex Electrical India Private Limited
Director11 Oct 20197 Years 0 MonthsCurrent
Kaushik Mysore Nanje Gowda
Also directs: Magnnavant Forging Private Limited, Kaushik Infracon (Mysore) Private Limited, Virex Electrical India Private Limited and 1 more
Director17 Feb 20188 Years 8 MonthsCurrent
View all directors

Auditor

Magnnavant Technologies Private Limited is audited by Mayuresh & Co for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Mayuresh & CoFY 2023016959S

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 categoryFY 2023FY 2022FY 2021FY 2020FY 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

Open charges
₹4.6 Cr
Satisfied charges
None
Breakdown by lending institutions
Karnataka State Financial Corporation₹4.60 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
28 Jan 2020100319584Karnataka State Financial Corporation₹4.6 CrOpen

Total charge records: 1 View all charges

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.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AALCM6200C1ZPKarnatakaActive12 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.

AGM
Magnnavant Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Magnnavant Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Kampalapura Krishna Guligowda was appointed as Additional Director.
Charges
A charge with Karnataka State Financial Corporation amounted to Rs. 4.60 Cr with Charge ID 100319584 was registered on 28 Jan 2020.
Appointed
Nanjegowda Siddegowda Mangaravalli was appointed as Director.
Ceased
Rashmi Eregowda ceased to be Director.
Appointed
Boraiah Bharathi was appointed as Director.
Appointed
Kaushik Mysore Nanje Gowda was appointed as Director.
Incorporation
17 Feb 2018
Magnnavant Technologies Private Limited was registered on 17 Feb 2018 with Roc Bangalore & aged 8 years 8 months as per MCA records.

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:

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.