Magnusideas Private Limited - information technology in Nashik, Maharashtra, India. Directors, charges & compliance details.
CIN U72900MH2019PTC335173 Incorporated 27 December 2019 ROC Mumbai HQ Nashik, Maharashtra, India
Active Private Limited Company information technology DPIIT Startup MSME · Micro
Data last updated
Revenue · FY 2024
₹3.89 Lakh
▲ 10% YoY
Net profit · FY 2024
₹29,182
Net margin 7.5%
EBITDA · FY 2024
₹29,184
EBITDA margin 7.5%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Last financials
Mar 2025
Balance sheet date

About Magnusideas Private Limited

Data last updated:

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

CIN U72900MH2019PTC335173
Registration Number 335173
Incorporation Date 27 December 2019
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-23-0054376

Recognitions & Rankings of Magnusideas

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-23-0054376

Contact details

Magnusideas Private Limited's registered office is in Nashik, Maharashtra.

  • Registered Address
    Rh.1 Kismal R/H Nr Mahatma Fule Ngr Pakhal Rd Nashik, Maharashtra, India – 422010
  • Industry
    Information Technology, Other Computer Related Activities
Comprehensive company report
Magnusideas Private Limited - one report that includes everything
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  • Legal cases, compliance and MCA filings
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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 codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ7Data 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 available

Magnusideas Private Limited reported revenue of ₹3.89 Lakh (up 10% YoY) for FY 2024.

Revenue · FY 2024
₹3.89 Lakh ▲ 10%
Net profit · FY 2024
₹29,182 margin 7.5%
EBITDA · FY 2024
₹29,184 margin 7.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 10%
3 years · compounded
▼ 15%
EBITDA CAGR growth
1 year
▼ 18%
3 years · compounded
▼ 8%

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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹29,184
Profit Before Tax
Tax Expense
Net Profit (PAT)₹29,182
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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin7.5%
Net Profit Margin7.5%
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 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.

Current Directors
NameDesignationAppointment DateTenureStatus
Nadeem Bashir ShaikhDirector27 Dec 20196 Years 9 MonthsCurrent
Shagupta Nadeem ShaikhDirector27 Dec 20196 Years 9 MonthsCurrent

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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
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)₹29,1827.5%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.

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.

AGM
Magnusideas Private Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records.
Filing
Magnusideas Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Nadeem Bashir Shaikh was appointed as Director.
Appointed
Shagupta Nadeem Shaikh was appointed as Director.
Incorporation
27 Dec 2019
Magnusideas Private Limited was registered on 27 Dec 2019 with Roc Mumbai & aged 6 years 10 months as per MCA records.

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:

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.