About Magsons Network Private Limited
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Magsons Network Private Limited is a private limited company based in Goa, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 14 March 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U55101GA1988PTC000809. Its GSTIN is 30AABCM2708B1ZD (Goa).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹11.31 Lakh. It is led by directors Andrea Kirit Maganlal and Kirit Jaisinh Maganlal.
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 Maganlal Sadan Dr.Dada Vaidya Road Panaji, Goa, India – 403001.
The company has about 5 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Magsons. As per MCA filings, the company has open charges of ₹17.26 Lakh and satisfied charges of ₹19.11 Cr on record. Court records list 2 cases involving the company, including 2 filed against it. The company has 1 deal on record (1 acquisition); the latest was in August 2018.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website magsons.in.
Company details
Contact details
Magsons Network Private Limited's registered office is in Goa. Its website is magsons.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressMaganlal Sadan Dr.Dada Vaidya Road Panaji, Goa, India – 403001
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Magsons Network 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
Brands
Magsons Network operates one associated brand: MAGSONS. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Retailer selling consumables & home products | magsons.in |
Financials of Magsons Network Private Limited
FY 2025 filings availableMagsons Network Private Limited reported revenue of ₹1,430 (down 83% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 81% over five years, including a 83% fall 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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Financial Ratios
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To see the full financial statements and ratios of Magsons Network Private Limited, buy the company report.
Board of directors of Magsons Network Private Limited
Magsons Network has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Andrea Kirit Maganlal | Director | 14 Mar 1988 | 38 Years 7 Months | Current |
| Kirit Jaisinh Maganlal Also directs: Magsons Supercentre Private Limited | Director | 01 Jul 1997 | 29 Years 4 Months | Current |
Auditor
Magsons Network Private Limited is audited by BORKAR AND MUZUMDAR for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BORKAR AND MUZUMDAR | FY 2023 | 101569W |
Shareholding
The shareholding of Magsons Network 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
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To see the full shareholding pattern of Magsons Network Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Apr 2004 | 90077593 | Bank of India | ₹3 Lakh | Open | |
| 07 Mar 2000 | 90077369 | Central Bank of India | ₹3 Lakh | Open | |
| 29 Dec 1999 | 90075753 | Central Bank of India | ₹11.26 Lakh | Open | |
| 24 Oct 2014 | 10529266 | Hdfc Bank Limited | ₹7.7 Cr | Satisfied | |
| 27 Feb 2014 | 10484563 | Bajaj Finance Limited | ₹88 Lakh | Satisfied |
To see the full charge records of Magsons Network Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Magsons Network Private Limited has 1 deal on record (1 acquisition); the latest was in August 2018.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2018 | Acquisition | Undisclosed | Buyer: Natures Basket Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Magsons Network Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal case | Filed against the company by Ms Premier Fabrics Inernational P Ltd | Disposed |
| District court, North Goa, Goa | Original application | Filed against the company by Registrar of Companies | Disposed |
To see the full case history of Magsons Network Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Magsons Network Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Magsons Network Private Limited has a workforce of 5 employees on its EPFO records as of Mar 2018, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2017-18 | 5 |
| FY 2016-17 |
To see the full employee and EPFO history of Magsons Network Private Limited, buy the company report.
GST
Magsons Network has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AABCM2708B1ZD | Goa | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Magsons Network Private Limited, buy the company report.
Recent activity
Magsons Network Private Limited has 3 board changes on record since 1988: 2 appointments and 1 cessation. The latest: Jaisinh Canji Maganlal ceased to be Director on 27 Nov 2017.
7 earlier events are in the company report.
Frequently asked questions
Magsons Network is an active private limited company based in Goa, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 14 March 1988 (38+ years old) and is registered under CIN U55101GA1988PTC000809.
Magsons Network has 2 current directors:
- Andrea Kirit Maganlal - Director
- Kirit Jaisinh Maganlal - Director
The latest financial statements of Magsons Network 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 2015 are in the company report.
The GSTIN of Magsons Network is 30AABCM2708B1ZD, registered in Goa.
The CIN (Corporate Identification Number) of Magsons Network is U55101GA1988PTC000809. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magsons Network has 2 court cases on record: 2 filed against it.
Magsons Network was incorporated on 14 March 1988, making it 38+ years old. It is registered with the Registrar of Companies, Goa.
Magsons Network has 1 deal on record (1 acquisition); the latest was in August 2018.
Jaisinh Canji Maganlal ceased to be Director on 27 Nov 2017. Kirit Jaisinh Maganlal was appointed as Director on 01 Jul 1997. Andrea Kirit Maganlal was appointed as Director on 14 Mar 1988.
Magsons Network can be reached through the website magsons.in. Its registered office is in Goa, India.
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