DPIIT recognised startup Government of India
Startup India
Magzient Private Limited
Magzient Private Limited - business services in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
4
As per MCA filings
Active GSTINs
1
GST registered
Last financials
Mar 2023
Balance sheet date
Last AGM
30 Sep 2023
Annual general meeting
Company status
Under Process of Striking Off
MCA master data
About Magzient Private Limited
Data last updated:
Magzient Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. The company is currently under process of striking off by the Registrar of Companies. The removal process has been initiated but is not yet final, and the company may be struck off soon. It operates in the diversified business activities segment of the business services sector. It was incorporated on 16 December 2019.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2019PTC130687. Its GSTIN is 29AANCM1588P1ZF (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Saraswati Goravanakoll and Abhishek Verma.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No – A – 912 9th Floor Block A Gokulam Aparts Vasanthvallabha Nagar Kanakpura, Bangalore, Karnataka, India – 560062.
Company details
CIN U74999KA2019PTC130687
Registration Number 130687
Incorporation Date 16 December 2019
ROC Bangalore
Listing Status Unlisted
Company Status Under Process of Striking Off
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Magzient
Contact details
Magzient Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressNo – A – 912 9th Floor Block A Gokulam Aparts Vasanthvallabha Nagar Kanakpura, Bangalore, Karnataka, India – 560062
- IndustryBusiness Services, Miscellaneous Business Activities, Other Services
To see the full contact details of Magzient Private Limited, buy the company report.
Comprehensive company report
Magzient Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Magzient is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
Financials of Magzient Private Limited
FY 2023 filings availableFinancial Statement Summary
| Metrics | FY 2019-20 |
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| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
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| Cost of Materials Consumed | |
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| Net Profit (PAT) | |
| Balance Sheet | |
| Share Capital | |
| Reserves and Surplus | |
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| Long-term Borrowings | |
| Short-term Borrowings | |
| Trade Payables | |
| Total Liabilities | |
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| Inventories | |
| Trade Receivables | |
| Cash and Bank Balance | |
| Total Assets | |
Financial Ratios
| Metrics | FY 2019-20 |
|---|---|
| Profitability | |
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| Net Profit Margin | |
| Return on Equity (ROE) | |
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| 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 Magzient Private Limited, buy the company report.
Board of directors of Magzient Private Limited
Magzient has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saraswati Goravanakoll Also directs: Techconsultrix LLP | Director | 16 Dec 2019 | 6 Years 10 Months | Current |
| Abhishek Verma | Director | 16 Dec 2019 | 6 Years 10 Months | Current |
| Saroja Irappa Totaganti | Director | 16 Dec 2019 | 6 Years 10 Months | Current |
| Akshay Kashyap | Director | 11 Aug 2020 | 6 Years 2 Months | Current |
Legal cases
No court or tribunal cases involving Magzient 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 Magzient Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Magzient has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AANCM1588P1ZF | Karnataka | Active | 14 Nov 2020 |
To see the full GST registrations and return filing status of Magzient Private Limited, buy the company report.
Recent activity
Magzient Private Limited has 5 board changes on record since 2019: 4 appointments and 1 cessation. The latest: Akshay Kashyap ceased to be Additional Director on 18 Dec 2020.
AGM
Magzient Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Magzient Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Ceased
Akshay Kashyap ceased to be Additional Director.
Appointed
Akshay Kashyap was appointed as Director.
Appointed
Abhishek Verma was appointed as Director.
Appointed
Saraswati Goravanakoll was appointed as Director.
Appointed
Saroja Irappa Totaganti was appointed as Director.
Incorporation
16 Dec 2019
Magzient Private Limited was registered on 16 Dec 2019 with Roc Bangalore & aged 6 years 10 months as per MCA records.
Frequently asked questions
Magzient is currently "Under Process of Striking Off" as per MCA records. The Registrar of Companies has initiated the process to remove the company from the register, typically due to non-filing of statutory returns. This process is not yet final, but the company may be struck off soon. Caution is advised before entering into any agreements with this entity.
Magzient is a company pending strike off, currently registered as a private limited company based in Bangalore, Karnataka, India. The company works in miscellaneous business activities, within the business services industry. It was incorporated on 16 December 2019 and is registered under CIN U74999KA2019PTC130687. The company may be struck off soon - caution is advised.
Magzient has 4 current directors:
- Saraswati Goravanakoll - Director
- Abhishek Verma - Director
- Saroja Irappa Totaganti - Director
- Akshay Kashyap - Director
The CIN (Corporate Identification Number) of Magzient is U74999KA2019PTC130687. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magzient was incorporated on 16 December 2019. It is registered with the Registrar of Companies, Bangalore.
Yes, Magzient is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Magzient is at No – A – 912 9th Floor Block A Gokulam Aparts Vasanthvallabha Nagar Kanakpura, Bangalore, Karnataka, India – 560062.
The latest financial statements of Magzient on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Magzient is 29AANCM1588P1ZF, registered in Karnataka.
Magzient operates in the business services industry, in the miscellaneous business activities segment.