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Magzigo Techlab Private Limited - information technology in Banswara, Rajasthan, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹42,373
▼ 92% YoY
Net loss · FY 2023
₹1.25 Lakh
Net margin -294.8%
EBITDA · FY 2023
-₹62,682
EBITDA margin -147.9%
Authorised capital
₹3 Lakh
Registered with MCA
Paid-up capital
₹1.07 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
4
As per MCA filings
Active GSTINs
1
GST registered
About Magzigo Techlab Private Limited
Data last updated:
Magzigo Techlab Private Limited is a private limited company based in Banswara, Rajasthan, 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 22 September 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U72900RJ2020PTC071160. Its GSTIN is 08AANCM8355N1ZK (Rajasthan).
The company has an authorised share capital of ₹3 Lakh and a paid-up capital of ₹1.07 Lakh. It is led by directors including Piyush Teli and Ashok Kumar Teli.
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 C/O Ashok Kumar Purana Bus Stand Ke Pas Paloda, Banswara, Rajasthan, India – 327605.
As per the financials filed for FY 2023, the company reported a revenue of ₹42,373, a decline of 92% compared to the previous year. For the same year it recorded a net loss of ₹1.25 Lakh (net margin -294.8%) and EBITDA of -₹62,682 (EBITDA margin -147.9%).
Magzigo Techlab Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-03-0000833). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website magzigo.com.
Company details
CIN U72900RJ2020PTC071160
Registration Number 071160
Incorporation Date 22 September 2020
ROC Jaipur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-RJ-03-0000833
Recognitions & Rankings of Magzigo Techlab
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2020-21)
- Udyam number
- UDYAM-RJ-03-0000833
Contact details
Magzigo Techlab Private Limited's registered office is in Banswara, Rajasthan. Its website is magzigo.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressC/O Ashok Kumar Purana Bus Stand Ke Pas Paloda, Banswara, Rajasthan, India – 327605
- IndustryInformation Technology, Other Computer Related Activities
To see the full contact details of Magzigo Techlab Private Limited, buy the company report.
Comprehensive company report
Magzigo Techlab 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 Magzigo Techlab is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Magzigo Techlab Private Limited, buy the company report.
Financials of Magzigo Techlab Private Limited
FY 2023 filings availableMagzigo Techlab Private Limited reported revenue of ₹42,373 (down 92% YoY) for FY 2023.
Revenue · FY 2023
₹42,373 ▼ 92%
Net loss · FY 2023
₹1.25 Lakh margin -294.8%
EBITDA · FY 2023
-₹62,682 margin -147.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 92%
EBITDA CAGR growth
1 year
▲ 90%
Revenue fell 92% in the latest year. EBITDA rose 90% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||
| EBITDA | -₹62,682 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹1.25 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -147.9% | ||
| Net Profit Margin | -294.8% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
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To see the full financial statements and ratios of Magzigo Techlab Private Limited, buy the company report.
Board of directors of Magzigo Techlab Private Limited
Magzigo Techlab has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Piyush Teli | Director | 22 Sep 2020 | 6 Years 1 Months | Current |
| Ashok Kumar Teli | Director | 22 Sep 2020 | 6 Years 1 Months | Current |
| Jayesh Kugsiya Also directs: The Developer Company Private Limited | Director | 21 Sep 2021 | 5 Years 1 Months | Current |
| Kratik Chittora | Director | 21 Sep 2021 | 5 Years 1 Months | Current |
Peer comparison
Magzigo Techlab Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Quikproto Research Labs Private Limited | ₹42,570 (FY 2024) | 72.0% | Shipra Sun, Uttar Pradesh, India | |||
| Mackexperts Technologies Private Limited | ₹42,540 (FY 2019) | -88.0% | Faridabad, Haryana, India | |||
| Kauriink Private Limited | ₹42,500 (FY 2024) | -81.0% | Delhi, India | |||
| Sandat Services Private Limited | ₹42,450 (FY 2022) | -96.0% | Pune, Maharashtra, India | |||
| Magzigo Techlab Private Limitedthis company | ₹42,373 (FY 2023) | -₹1.25 Lakh | -294.8% | -92.0% | Banswara, Rajasthan, India | |
| Telehealth Technologies Private Limited | ₹42,373 (FY 2024) | Bangalore, Karnataka, India | ||||
| Daas Communications Private Limited | ₹42,334 (FY 2024) | Delhi, India | ||||
| Viraj Software Private Limited | ₹42,260 (FY 2024) | Delhi, India | ||||
| 32Crayons Edutech Private Limited | ₹42,071 (FY 2024) | -99.0% | Bengaluru, Karnataka, India | |||
| Kesans Software Solutions (OPC) Private Limited | ₹42,027 (FY 2025) | 1301.0% | Thiruvananthapuram, Kerala, India | |||
| Futurefone Limited | ₹42,000 (FY 2023) | -16.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Magzigo Techlab Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Magzigo Techlab 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 Magzigo Techlab Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Magzigo Techlab Private Limited has 1 active EPFO establishment as of Mar 31, 2024.
Active EPFO establishments
1
GST
Magzigo Techlab has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AANCM8355N1ZK | Rajasthan | Active | 02 Nov 2020 |
To see the full GST registrations and return filing status of Magzigo Techlab Private Limited, buy the company report.
Recent activity
Magzigo Techlab Private Limited has 6 board changes on record since 2020: 4 appointments and 2 cessations. The latest: Jayesh Kugsiya ceased to be Additional Director on 31 Aug 2022.
AGM
Magzigo Techlab Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Magzigo Techlab Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Jaipur.
Ceased
Jayesh Kugsiya ceased to be Additional Director.
Ceased
Kratik Chittora ceased to be Additional Director.
Appointed
Jayesh Kugsiya was appointed as Director.
Appointed
Kratik Chittora was appointed as Director.
Appointed
Ashok Kumar Teli was appointed as Director.
Appointed
Piyush Teli was appointed as Director.
Incorporation
22 Sep 2020
Magzigo Techlab Private Limited was registered on 22 Sep 2020 with Roc Jaipur & aged 6 years 1 month as per MCA records.
Frequently asked questions
Magzigo Techlab is an active private limited company based in Banswara, Rajasthan, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 22 September 2020 (6+ years old) and is registered under CIN U72900RJ2020PTC071160.
Magzigo Techlab has 4 current directors:
- Piyush Teli - Director
- Ashok Kumar Teli - Director
- Jayesh Kugsiya - Director
- Kratik Chittora - Director
The latest financial statements of Magzigo Techlab 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 2021 are in the company report.
The GSTIN of Magzigo Techlab is 08AANCM8355N1ZK, registered in Rajasthan.
The CIN (Corporate Identification Number) of Magzigo Techlab is U72900RJ2020PTC071160. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magzigo Techlab was incorporated on 22 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Magzigo Techlab by revenue are Quikproto Research Labs Private Limited, Mackexperts Technologies Private Limited, Kauriink Private Limited, Sandat Services Private Limited, Telehealth Technologies Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Jayesh Kugsiya ceased to be Additional Director on 31 Aug 2022. Kratik Chittora ceased to be Additional Director on 31 Aug 2022. Jayesh Kugsiya was appointed as Director on 21 Sep 2021. Magzigo Techlab has 6 board changes on record in total.
Yes, Magzigo Techlab is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Magzigo Techlab is registered as a micro enterprise under Udyam registration (number: UDYAM-RJ-03-0000833).
Magzigo Techlab can be reached through the website magzigo.com. Its registered office is in Banswara, Rajasthan, India.