About Magnum Technology Solutions Private Limited.
Data last updated:
Magnum Technology Solutions Private Limited. was a private limited company based in New Delhi, Delhi, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 27 April 2000.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U72900DL2000PTC105491. Its GSTIN is 07AACCM2911P1ZB (Delhi).
The company had an authorised share capital of ₹20 Lakh and a paid-up capital of ₹3.1 Lakh. It was led by directors Anurag Ashok and Kavita Ashok.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at A – 248 2nd Floor Okhla Industrial Area Phase 1, New Delhi, Delhi, India – 110020.
As per the financials filed for FY 2022, the company reported a revenue of ₹58,603, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹35,964 (net margin 61.4%) and EBITDA of ₹58,603 (EBITDA margin 100%). Revenue has grown at a compounded annual rate (CAGR) of 77% over three years and 8% over five years.
As per MCA filings, the company had satisfied charges of ₹2.8 Lakh on record.
The last known website on record is magnumsolutions.com.
Company details
Contact details
Magnum Technology Solutions Private Limited.'s registered office is in New Delhi, Delhi. Its website is magnumsolutions.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressA – 248 2nd Floor Okhla Industrial Area Phase 1, New Delhi, Delhi, India – 110020
- IndustryInformation Technology, IT Products Retail & Distribution
To see the full contact details of Magnum Technology Solutions 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
Financials of Magnum Technology Solutions Private Limited.
FY 2022 filings availableMagnum Technology Solutions Private Limited. reported revenue of ₹58,603 (up 213% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 213% growth in the latest year. EBITDA rose 213% 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
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| EBITDA | ₹58,603 | ||||
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| Net Profit (PAT) | ₹35,964 | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | 100% | ||||
| Net Profit Margin | 61.4% | ||||
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To see the full financial statements and ratios of Magnum Technology Solutions Private Limited., buy the company report.
Board of directors of Magnum Technology Solutions Private Limited.
Magnum Technology Solutions Private Limited has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anurag Ashok Also directs: Bell Securitech Private Limited, Summerfields Infra Private Limited, Mandi Valley Infra Private Limited and 2 more | Director | 27 Apr 2000 | 26 Years 5 Months | As last reported |
| Kavita Ashok Also directs: Bell Securitech Private Limited, E-Smart Systems Limited | Director | 01 Nov 2007 | 18 Years 11 Months | As last reported |
Peer comparison
Magnum Technology Solutions Private Limited. is compared with the 10 companies closest to it by revenue in the Information Technology industry (IT Products Retail and Distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Techutility Private Limited | ₹60,805 (FY 2022) | -73.0% | Indore, Madhya Pradesh, India | |||
| Zenfocus Software Private Limited | ₹59,374 (FY 2024) | -64.0% | Gurgaon, Haryana, India | |||
| Linytron Electronics Private Limited | ₹58,880 (FY 2025) | -100.0% | Mumbai, Maharashtra, India | |||
| Tushar Marketing Pvt. Ltd. | ₹58,800 (FY 2018) | -64.0% | Kolkata, West Bengal, India | |||
| Computer Research and Application Centre Pvt Ltd | ₹58,630 (FY 2024) | Bhubaneswar, Odisha, India | ||||
| Magnum Technology Solutions Private Limited.this company | ₹58,603 (FY 2022) | ₹35,964 | 61.4% | 213.0% | New Delhi, Delhi, India | |
| Atk Cloud Solutions Private Limited | ₹58,450 (FY 2025) | -27.0% | Bangalore, Karnataka, India | |||
| Soliox Multitrade Private Limited | ₹58,450 (FY 2022) | Mumbai, Maharashtra, India | ||||
| SSV Vision Private Limited | ₹57,258 (FY 2020) | -98.0% | Navi Mumbai, Maharashtra, India | |||
| Southern Dynamics Private Limited | ₹57,145 (FY 2024) | -42.0% | Road, Madras-600 029, Tamil Nadu, India | |||
| Prashant Softwares Private Limited | ₹57,000 (FY 2025) | -100.0% | New Delhi, Delhi, India |
To see the full peer comparison of Magnum Technology Solutions Private Limited., buy the company report.
Auditor
Magnum Technology Solutions Private Limited. is audited by OM RASTOGI & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| OM RASTOGI & CO | FY 2021 | 002604C |
Shareholding
The shareholding of Magnum Technology Solutions Private Limited. is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Magnum Technology Solutions Private Limited., buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Nov 2002 | 90049444 | Stat Bank of Masysor | ₹2.8 Lakh | Satisfied |
To see the full charge records of Magnum Technology Solutions Private Limited., buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Magnum Technology Solutions 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 Magnum Technology Solutions Private Limited.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Magnum Technology Solutions Private Limited. has 1 active EPFO establishment as of Apr 08, 2024.
GST
Magnum Technology Solutions Private Limited has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AACCM2911P1ZB | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Magnum Technology Solutions Private Limited., buy the company report.
Recent activity
Magnum Technology Solutions Private Limited. has 5 board changes on record since 2000: 2 appointments and 3 cessations. The latest: Shrinivas Sharma ceased to be Additional Director on 28 Sep 2012.
Frequently asked questions
Magnum Technology Solutions Private Limited has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Magnum Technology Solutions Private Limited was a private limited company based in New Delhi, Delhi, India. The company worked in IT products retail and distribution, within the information technology industry. It was incorporated on 27 April 2000 and is registered under CIN U72900DL2000PTC105491. The company has been struck off by the Registrar of Companies and is no longer operational.
Magnum Technology Solutions Private Limited had 2 directors:
- Anurag Ashok - Director
- Kavita Ashok - Director
The CIN (Corporate Identification Number) of Magnum Technology Solutions Private Limited is U72900DL2000PTC105491. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Magnum Technology Solutions Private Limited is at A – 248 2nd Floor Okhla Industrial Area Phase 1, New Delhi, Delhi, India – 110020.
Magnum Technology Solutions Private Limited was incorporated on 27 April 2000. It is registered with the Registrar of Companies, Delhi.
Magnum Technology Solutions Private Limited can be reached through the website magnumsolutions.com. Its registered office is in New Delhi, Delhi, India.
The latest financial statements of Magnum Technology Solutions Private Limited on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Magnum Technology Solutions Private Limited is 07AACCM2911P1ZB, registered in Delhi.
Magnum Technology Solutions Private Limited operated in the information technology industry, in the IT products retail and distribution segment. It worked in this industry before it was struck off.
The peers of Magnum Technology Solutions Private Limited by revenue are Techutility Private Limited, Zenfocus Software Private Limited, Linytron Electronics Private Limited, Tushar Marketing Pvt. Ltd, Computer Research and Application Centre Pvt Ltd and 5 more, all in the Information Technology industry (IT Products Retail and Distribution).