Startup India Government of India
Minemagma Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹82.61 Lakh
▲ 38% YoY
Net profit · FY 2023
₹8.27 Lakh
Net margin 10%
EBITDA · FY 2023
₹11.53 Lakh
EBITDA margin 14%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
GST registrations
1
None active
About Minemagma Private Limited
Data last updated:
Minemagma Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 25 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72501KA2017PTC103311. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Archana Ojha and Sanjeev Das.
Its last annual general meeting (AGM) was held on 07 November 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2023, the company reported a revenue of ₹82.61 Lakh, a growth of 38% compared to the previous year. For the same year it recorded a net profit of ₹8.27 Lakh (net margin 10%) and EBITDA of ₹11.53 Lakh (EBITDA margin 14%). Revenue has grown at a compounded annual rate (CAGR) of 79% over three years and 88% over five years.
Minemagma Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0010728). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website minemagma.com.
Company details
CIN U72501KA2017PTC103311
Registration Number 103311
Incorporation Date 25 May 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 07 November 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0010728
Recognitions & Rankings of Minemagma
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0010728
Contact details
Minemagma Private Limited's registered office is in Bangalore, Karnataka. Its website is minemagma.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressNo.430 Uniwork Spaces – Pro 3rd Floor, 5th A Cross Hrbr Layout Kalyan Nagar, Bangalore, Karnataka, India – 560043
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Minemagma Private Limited, buy the company report.
Comprehensive company report
Minemagma 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 Minemagma 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 Minemagma Private Limited, buy the company report.
Financials of Minemagma Private Limited
FY 2023 filings availableMinemagma Private Limited reported revenue of ₹82.61 Lakh (up 38% YoY) for FY 2023.
Revenue · FY 2023
₹82.61 Lakh ▲ 38%
Net profit · FY 2023
₹8.27 Lakh margin 10%
EBITDA · FY 2023
₹11.53 Lakh margin 14%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 38%
3 years · compounded
▲ 79%
5 years · compounded
▲ 88%
EBITDA CAGR growth
1 year
▼ 25%
3 years · compounded
▲ 16%
5 years · compounded
▲ 62%
Revenue has grown at a compounded annual rate (CAGR) of 88% over five years, including 38% growth in the latest year. EBITDA fell 25% 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹82.61 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹11.53 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.27 Lakh | ||||
| 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14% | ||||
| Net Profit Margin | 10% | ||||
| 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 Minemagma Private Limited, buy the company report.
Board of directors of Minemagma Private Limited
Minemagma has 2 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 |
|---|---|---|---|---|
| Archana Ojha Also directs: Nyetra Online LLP, Magmaminers Cart LLP | Director | 25 May 2017 | 9 Years 4 Months | Current |
| Sanjeev Das Also directs: Federation of India Mineral Industries | Additional Director | 26 Dec 2023 | 2 Years 9 Months | Current |
Peer comparison
Minemagma 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 |
|---|---|---|---|---|---|---|
| Prabhaktech Solutions Private Limited | ₹82.77 Lakh (FY 2023) | 142.0% | Nandigama, Andhra Pradesh, India | |||
| Noak Infocom Private Limited | ₹82.76 Lakh (FY 2025) | 96.0% | Noida, Uttar Pradesh, India | |||
| Gobblecube Technologies Private Limited | ₹82.69 Lakh (FY 2024) | Delhi, India | ||||
| Mars Infocare Solutions Private Limited | ₹82.64 Lakh (FY 2025) | -21.0% | New Delhi, Delhi, India | |||
| Kani Technologies Private Limited | ₹82.63 Lakh (FY 2024) | 326.0% | Coimbatore, Tamil Nadu, India | |||
| Minemagma Private Limited this company | ₹82.61 Lakh (FY 2023) | ₹8.27 Lakh | 10% | 38.0% | Bangalore, Karnataka, India | |
| Lynn Soft Private Limited | ₹82.6 Lakh (FY 2024) | -10.0% | Puducherry, India | |||
| Ninja Cloud Technologies Private Limited | ₹82.56 Lakh (FY 2025) | -17.0% | North 24 Parganas, West Bengal, India | |||
| I Vue Technologies Private Limited | ₹82.54 Lakh (FY 2023) | 48.0% | Hyderabad, Telangana, India | |||
| Whizzcom Media Works Private Limited | ₹82.53 Lakh (FY 2024) | 230.0% | Chennai, Tamil Nadu, India | |||
| Hyprbots Systems Private Limited | ₹82.49 Lakh (FY 2025) | Bangalore, Karnataka, India |
To see the full peer comparison of Minemagma Private Limited, buy the company report.
Auditor
Minemagma Private Limited is audited by B.K RAMADHYANI & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B.K RAMADHYANI & CO LLP | FY 2023 | 002878S |
Shareholding
The shareholding of Minemagma 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 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Minemagma Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Minemagma 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 Minemagma Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Minemagma Private Limited has 1 active EPFO establishment as of Apr 02, 2024.
Active EPFO establishments
1
GST
Minemagma has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of Minemagma Private Limited, buy the company report.
Recent activity
Minemagma Private Limited has 4 board changes on record since 2017: 2 appointments and 2 cessations. The latest: Sanjeev Das was appointed as Additional Director on 26 Dec 2023.
Appointed
Sanjeev Das was appointed as Additional Director.
AGM
Minemagma Private Limited last Annual general meeting of members was held on 07 Nov 2023 as per latest MCA records.
Ceased
Sabyasachi Nayak ceased to be Director.
Filing
Minemagma Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Ceased
Rakesh Mutthigi Mathada ceased to be Additional Director.
Appointed
Archana Ojha was appointed as Director.
Incorporation
25 May 2017
Minemagma Private Limited was registered on 25 May 2017 with Roc Bangalore & aged 9 years 4 months as per MCA records.
Frequently asked questions
Minemagma is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 25 May 2017 (9+ years old) and is registered under CIN U72501KA2017PTC103311.
Minemagma has 2 current directors:
- Archana Ojha - Director
- Sanjeev Das - Additional Director
The latest financial statements of Minemagma on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 07 November 2023. Year-wise statements from FY 2018 are in the company report.
No. Minemagma has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Minemagma is U72501KA2017PTC103311. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Minemagma was incorporated on 25 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Minemagma by revenue are Prabhaktech Solutions Private Limited, Noak Infocom Private Limited, Gobblecube Technologies Private Limited, Mars Infocare Solutions Private Limited, Kani Technologies Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Sanjeev Das was appointed as Additional Director on 26 Dec 2023. Sabyasachi Nayak ceased to be Director on 05 Oct 2023. Rakesh Mutthigi Mathada ceased to be Additional Director on 30 Sep 2022. Minemagma has 4 board changes on record in total.
Yes, Minemagma is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Minemagma is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0010728).
Minemagma can be reached through the website minemagma.com. Its registered office is in Bangalore, Karnataka, India.