Magnotape Realty Private Limited
About Magnotape Realty Private Limited
Data last updated:
Magnotape Realty Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the real estate financing segment of the financial services sector. It was incorporated on 09 June 1965.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U31300MH1965PTC013230. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹15.01 Lakh. It was formerly known as Magnotape Company Private Limited. It was led by directors including Amit Jasvantrai Dholakia and Nalinkumar Himatlal Shah.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Plot No 348 Chandevalifarm Off Saki Vihar Rd, Mumbai, Maharashtra, India – 400072.
As per the financials filed for FY 2024, the company reported a revenue of ₹15.69 Lakh, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹6.33 Lakh (net margin 40.4%) and EBITDA of ₹6.43 Lakh (EBITDA margin 41%). Revenue has declined at a compounded annual rate (CAGR) of 3% over five years.
The company has 2 deals on record (2 secondary share transfers); the latest was in March 2014. Its 7 peer companies in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property) are compared by revenue, 4 larger and 3 smaller; the largest is Hyaline Infrastructure Projects Private Limited with revenue of ₹15.75 Lakh.
Company details
Contact details
Magnotape Realty Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressPlot No 348 Chandevalifarm Off Saki Vihar Rd, Mumbai, Maharashtra, India – 400072
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Magnotape Realty 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 Magnotape Realty is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Magnotape Realty Private Limited, buy the company report.
Financials of Magnotape Realty Private Limited
FY 2024 filings availableMagnotape Realty Private Limited reported revenue of ₹15.69 Lakh (down 4% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 4% fall in the latest year. EBITDA rose 309% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹6.43 Lakh | ||||
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| Net Profit (PAT) | ₹6.33 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 41% | ||||
| Net Profit Margin | 40.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Magnotape Realty Private Limited, buy the company report.
Board of directors of Magnotape Realty Private Limited
Magnotape Realty has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Jasvantrai Dholakia Also directs: Tulsi Projects LLP, Dholakia Properties LLP, Intercon Properties (Bombay) LLP and 5 more | Director | 05 Sep 1995 | 31 Years 2 Months | As last reported |
| Nalinkumar Himatlal Shah Also directs: Orion Realty Private Limited | Director | 25 May 2017 | 9 Years 5 Months | As last reported |
| Chintan A Sanghvi Also directs: Intercon Properties (Bombay) LLP, Magnotape Realty LLP, Orion Realty Private Limited and 5 more | Director | 05 Sep 1995 | 31 Years 2 Months | As last reported |
| Darshana Anant Sanghvi Also directs: Intercon Properties (Bombay) LLP, Magnotape Realty LLP, Oscar Construction LLP and 4 more | Director | 23 May 2024 | 2 Years 5 Months | As last reported |
Peer comparison
Magnotape Realty Private Limited is compared with the 7 companies closest to it by revenue in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hyaline Infrastructure Projects Private Limited | ₹15.75 Lakh (FY 2018) | -31.0% | New Delhi, Delhi, India | |||
| Tholiya Marketing and Leasing Private Limited | ₹15.74 Lakh (FY 2024) | 16.0% | Mumbai, Maharashtra, India | |||
| Jainco Automotive Pvt Ltd | ₹15.7 Lakh (FY 2024) | 75.0% | Kolkata, West Bengal, India | |||
| Navin Vanijya Pvt Ltd | ₹15.69 Lakh (FY 2024) | 3.0% | Kolkata, West Bengal, India | |||
| Magnotape Realty Private Limitedthis company | ₹15.69 Lakh (FY 2024) | ₹6.33 Lakh | 40.4% | -4.0% | Mumbai, Maharashtra, India | |
| T.V. Designer Tiles Private Limited | ₹15.68 Lakh (FY 2023) | 10.0% | Telangana, India | |||
| Malwa Software and Realtors Private Limited | ₹15.66 Lakh (FY 2025) | 4.0% | Indore, Madhya Pradesh, India | |||
| Amitronics Builders Private Limited | ₹15.66 Lakh (FY 2024) | 0.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Magnotape Realty Private Limited, buy the company report.
Auditor
Magnotape Realty Private Limited is audited by K S SANGHVI & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K S SANGHVI & CO | FY 2020 | 116714W |
Shareholding
The shareholding of Magnotape Realty Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Magnotape Realty Private Limited, buy the company report.
Deals & funding
Magnotape Realty Private Limited has 2 deals on record (2 secondary share transfers); the latest was in March 2014.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: Orritel Resorts Private Limited Seller: Dholakia K Jashwantrai HUF, 3 individuals |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Magnotape Realty 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 Magnotape Realty Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Magnotape Realty has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Magnotape Realty Private Limited, buy the company report.
Recent activity
Magnotape Realty Private Limited has 9 board changes on record since 1995: 4 appointments and 5 cessations. The latest: Darshana Anant Sanghvi ceased to be Additional Director on 29 Sep 2024.
Frequently asked questions
Magnotape Realty has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Magnotape Realty was a private limited company based in Mumbai, Maharashtra, India. The company worked in real estate financing, within the financial services industry. It was incorporated on 09 June 1965 and is registered under CIN U31300MH1965PTC013230. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Magnotape Realty is U31300MH1965PTC013230. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magnotape Realty had 4 directors:
- Amit Jasvantrai Dholakia - Director
- Nalinkumar Himatlal Shah - Director
- Chintan A Sanghvi - Director
- Darshana Anant Sanghvi - Director
Magnotape Realty was incorporated on 09 June 1965. It is registered with the Registrar of Companies, Mumbai.
The registered office of Magnotape Realty is at Plot No 348 Chandevalifarm Off Saki Vihar Rd, Mumbai, Maharashtra, India – 400072.
The latest financial statements of Magnotape Realty on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
No. Magnotape Realty has 1 GST registration on record and it is cancelled or inactive.
Magnotape Realty operated in the financial services industry, in the real estate financing segment.
Magnotape Realty has 2 deals on record (2 secondary share transfers); the latest was in March 2014.
The peers of Magnotape Realty by revenue are Hyaline Infrastructure Projects Private Limited, Tholiya Marketing and Leasing Private Limited, Jainco Automotive Pvt Ltd, Navin Vanijya Pvt Ltd, T.V. Designer Tiles Private Limited and 2 more, all in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property).
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