
About Magnusideas Private Limited
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Magnusideas Private Limited is a private limited company based in Nashik, Maharashtra, India, recognised as a startup by DPIIT. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 27 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2019PTC335173.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Nadeem Bashir Shaikh and Shagupta Nadeem Shaikh.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Rh.1 Kismal R/H Nr Mahatma Fule Ngr Pakhal Rd Nashik, Maharashtra, India – 422010.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.89 Lakh, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹29,182 (net margin 7.5%) and EBITDA of ₹29,184 (EBITDA margin 7.5%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years.
Magnusideas Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-23-0054376). For more details, the company can be reached via its website magnusideas.com.
Company details
Recognitions & Rankings of Magnusideas
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-23-0054376
Contact details
Magnusideas Private Limited's registered office is in Nashik, Maharashtra.
- Registered AddressRh.1 Kismal R/H Nr Mahatma Fule Ngr Pakhal Rd Nashik, Maharashtra, India – 422010
- IndustryInformation Technology, Other Computer Related Activities
- 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 Magnusideas is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal |
To see the full business activity and turnover split of Magnusideas Private Limited, buy the company report.
Financials of Magnusideas Private Limited
FY 2025 filings availableMagnusideas Private Limited reported revenue of ₹3.89 Lakh (up 10% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 10% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 15%. EBITDA fell 18% 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 | ₹29,184 | ||||
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| Net Profit (PAT) | ₹29,182 | ||||
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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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| EBITDA Margin | 7.5% | ||||
| Net Profit Margin | 7.5% | ||||
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To see the full financial statements and ratios of Magnusideas Private Limited, buy the company report.
Board of directors of Magnusideas Private Limited
Magnusideas has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nadeem Bashir Shaikh | Director | 27 Dec 2019 | 6 Years 9 Months | Current |
| Shagupta Nadeem Shaikh | Director | 27 Dec 2019 | 6 Years 9 Months | Current |
Peer comparison
Magnusideas Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (data processing, hosting and related activities; web portal), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nagorikdotnet Private Limited | ₹3.95 Lakh (FY 2025) | 11.0% | Kolkata, West Bengal, India | |||
| Sniffton Technologies Private Limited | ₹3.94 Lakh (FY 2024) | -33.0% | New Delhi, Delhi, India | |||
| Globopex Technologies Private Limited | ₹3.92 Lakh (FY 2025) | -51.0% | Kolkata, West Bengal, India | |||
| Innorite Technologies Private Limited | ₹3.91 Lakh (FY 2018) | 49.0% | Secunderabad, Telangana, India | |||
| Steer Logix Private Limited | ₹3.91 Lakh (FY 2018) | 2.0% | New Delhi, Delhi, India | |||
| Magnusideas Private Limitedthis company | ₹3.89 Lakh (FY 2024) | ₹29,182 | 7.5% | 10.0% | Nashik, Maharashtra, India | |
| DL Risk Analysis and Services Private Limited | ₹3.89 Lakh (FY 2023) | 680.0% | Meerut, Uttar Pradesh, India | |||
| Cloudiate Information Technologies Private Limited | ₹3.88 Lakh (FY 2025) | -86.0% | Mumbai, Maharashtra, India | |||
| Ms Web Professional Design Private Limited | ₹3.85 Lakh (FY 2021) | 2861.0% | Hyderabad, Telangana, India | |||
| Groupon Technologies Private Limited | ₹3.84 Lakh (FY 2019) | -92.0% | Nashik, Maharashtra, India | |||
| Vishala Designs and Software Solutions (OPC) Private Limited | ₹3.83 Lakh (FY 2023) | 59.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Magnusideas Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Magnusideas 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 Magnusideas Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Magnusideas Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Magnusideas Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Nadeem Bashir Shaikh was appointed as Director on 27 Dec 2019.
Frequently asked questions
Magnusideas is an active private limited company based in Nashik, Maharashtra, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 27 December 2019 (7+ years old) and is registered under CIN U72900MH2019PTC335173.
Magnusideas has 2 current directors:
- Nadeem Bashir Shaikh - Director
- Shagupta Nadeem Shaikh - Director
The latest financial statements of Magnusideas on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Magnusideas is U72900MH2019PTC335173. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magnusideas was incorporated on 27 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Magnusideas by revenue are Nagorikdotnet Private Limited, Sniffton Technologies Private Limited, Globopex Technologies Private Limited, Innorite Technologies Private Limited, Steer Logix Private Limited and 5 more, all in the same principal business activity (data processing, hosting and related activities; web portal).
Nadeem Bashir Shaikh was appointed as Director on 27 Dec 2019. Shagupta Nadeem Shaikh was appointed as Director on 27 Dec 2019.
Yes, Magnusideas is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Magnusideas is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-23-0054376).
Magnusideas can be reached through the website magnusideas.com. Its registered office is in Nashik, Maharashtra, India.
The registered office of Magnusideas is at Rh.1 Kismal RH Nr Mahatma Fule Ngr Pakhal Rd Nashik, Maharashtra, India – 422010.