Magsons Network Private Limited - Company Profile

It is a travel and hospitality private limited company based in Goa, Goa, India, established in 1988.

1988 Goa, Goa, India Active

Last Updated: January 05, 2026

About Magsons Network Private Limited

Magsons Network Private Limited, a active private limited company, was established on 14 March 1988 in Goa, Goa, India. Engaging in hotel & accommodation services within the trade sector, it holds CIN: U55101GA1988PTC000809. Registered under ROC Roc Goa. it is unlisted. It has an authorized capital of ₹1.50 M and a paid-up capital of ₹1.13 M.

It upholds a compliant status. Employing 4 professional, Its leadership includes Andrea Kirit Maganlal (Director), Kirit Jaisinh Maganlal (Director). Past directors included Jaisinh Canji Maganlal. It holds ₹1.73 M open charges and ₹19.11 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Maganlal Sadan,Dr.Dada Vaidya Road Panaji, Goa, Goa, 403001.

Company Details

CIN/LLPIN
U55101GA1988PTC000809
Registration Number
000809
Incorporation Date
14 March 1988
Authorized Capital
₹1.50 M
Paid-Up Capital
₹1.13 M
ROC Code
Roc Goa
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 1.50 M as on 05-01-2026
Paid Up Capital ₹ 1.13 M as on 05-01-2026
Company Age 37 Year, 11 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 1.73 M as on 05-01-2026
Satisfied Charges ₹ 19.11 Cr as on 05-01-2026
Revenue Growth **** -53.78% (FY 2023)
Profit Growth **** -327.03% (FY 2023)
Ebitda **** -2407.61% (FY 2023)
Net Worth -7.90% (FY 2023)
Total Assets -4.12% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Magsons Network Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Magsons Network Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Andrea Kirit Maganlal	Director	14 Mar 1988	Current
Kirit Jaisinh Maganlal	Director	01 Jul 1997	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	27 Nov 2017	Past

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Financial Performance of Magsons Network.

Magsons Network Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 53.78% decrease. The company also saw a substantial fall in profitability, with a 327.03% decrease in profit. The company's net worth dipped by a decrease of 7.9%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

-53.78%

*******

Revenue from Operations

*******

Total Assets

*******

-4.12%

*******

Profit or Loss

*******

-327.03%

*******

Net Worth

*******

-7.90%

*******

EBITDA

*******

-2407.61%

*******

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What is the Ownership and Shareholding Structure of Magsons Network?

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Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹1,726,000.00

Satisfied Charges

₹191,050,000.00

Charges Breakdown by Lending Institutions

Central Bank Of India : 0.14 Cr
Bank Of India : 0.03 Cr

Latest Charge Details

Date	Lender	Amount	Status
08 Apr 2004	Bank Of India	₹0.30 M	Open
07 Mar 2000	Central Bank Of India	₹0.30 M	Open
29 Dec 1999	Central Bank Of India	₹1.13 M	Open
24 Oct 2014	Hdfc Bank Limited	₹7.70 Cr	Satisfied
27 Feb 2014	Bajaj Finance Limited	₹8.80 M	Satisfied

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How Many Employees Work at Magsons Network?

Magsons Network has a workforce of 4 employees as of Mar 21, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

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Rating

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Alerts

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Latest Updates, News, and FAQs on Magsons Network

Recent Activity within the Organization

Annual General Meeting

Progress on Magsons Network Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.
30 Sep 2025
Balance Sheet

Progress on Magsons Network Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Goa. was documented.
31 Mar 2025
Charges

The activity A charge registered on 24 Oct 2014 via Charge ID 10529266 with Hdfc Bank Limited was fully satisfied on 22 Jan 2016. was completed.
22 Jan 2016
Charges

A charge with Hdfc Bank Limited amounted to Rs. 77.00 M with Charge ID 10529266 was registered on 24 Oct 2014. was recorded as a recent event.
24 Oct 2014
Charges

The activity A charge registered on 27 Feb 2014 via Charge ID 10484563 with Bajaj Finance Limited was fully satisfied on 17 Oct 2014. was completed.
17 Oct 2014
Charges

A charge registered on 25 Feb 2013 via Charge ID 10410918 with Bajaj Finance Limited was fully satisfied on 17 Oct 2014. was recorded as a recent event.
17 Oct 2014

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