MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-UP-28-0019027
Magnatech Smartgrid Solutions Private Limited
Magnatech Smartgrid Solutions Private Limited - energy and power in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2021
₹65.19 Lakh
▼ 26% YoY
Net loss · FY 2021
₹11.78 Lakh
Net margin -18.1%
EBITDA · FY 2021
₹4.3 Lakh
EBITDA margin 6.6%
Authorised capital
₹75 Lakh
Registered with MCA
Paid-up capital
₹74.75 Lakh
Issued & subscribed
Satisfied charges
₹2.93 Cr
No open charges
Company age
11 yrs
Est. 2015
Directors on board
2
As per MCA filings
About Magnatech Smartgrid Solutions Private Limited
Data last updated:
Magnatech Smartgrid Solutions Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 23 May 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74900DL2015PTC280672. Its GSTIN is 07AAJCM7994F1ZW (Delhi). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹74.75 Lakh. It is led by directors Hartinder Singh Bhatia (Managing Director) and Shubham Thakur.
Its last annual general meeting (AGM) was held on 25 September 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 101A First Floor Plot No 6 T.C Jaina Tower – 11, District Center Janakpuri, New Delhi, Delhi, India – 110058.
As per the financials filed for FY 2021, the company reported a revenue of ₹65.19 Lakh, a decline of 26% compared to the previous year. For the same year it recorded a net loss of ₹11.78 Lakh (net margin -18.1%) and EBITDA of ₹4.3 Lakh (EBITDA margin 6.6%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years.
As per MCA filings, the company has satisfied charges of ₹2.93 Cr on record. Court records list 10 cases involving the company, including 10 filed against it; 1 case is pending.
Magnatech Smartgrid Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-28-0019027). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U74900DL2015PTC280672
Registration Number 280672
Incorporation Date 23 May 2015
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 25 September 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-UP-28-0019027
Recognitions & Rankings of Magnatech Smartgrid Solutions
Contact details
Magnatech Smartgrid Solutions Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address101A First Floor Plot No 6 T.C Jaina Tower – 11, District Center Janakpuri, New Delhi, Delhi, India – 110058
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Magnatech Smartgrid Solutions Private Limited, buy the company report.
Comprehensive company report
Magnatech Smartgrid Solutions 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Magnatech Smartgrid Solutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Magnatech Smartgrid Solutions Private Limited, buy the company report.
Financials of Magnatech Smartgrid Solutions Private Limited
FY 2021 filings availableMagnatech Smartgrid Solutions Private Limited reported revenue of ₹65.19 Lakh (down 26% YoY) for FY 2021.
Revenue · FY 2021
₹65.19 Lakh ▼ 26%
Net loss · FY 2021
₹11.78 Lakh margin -18.1%
EBITDA · FY 2021
₹4.3 Lakh margin 6.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 26%
3 years · compounded
▼ 22%
EBITDA CAGR growth
1 year
▲ 118%
3 years · compounded
▼ 49%
5 years · compounded
▲ 22%
Revenue has declined at a compounded annual rate (CAGR) of 22% over three years, including a 26% fall in the latest year. EBITDA rose 118% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | ₹4.3 Lakh | ||||
| Profit Before Tax | |||||
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| Net Profit (PAT) | -₹11.78 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profitability | |||||
| EBITDA Margin | 6.6% | ||||
| Net Profit Margin | -18.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Magnatech Smartgrid Solutions Private Limited, buy the company report.
Board of directors of Magnatech Smartgrid Solutions Private Limited
Magnatech Smartgrid Solutions has 2 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hartinder Singh Bhatia | Managing Director | 25 Oct 2015 | 10 Years 11 Months | Current |
| Shubham Thakur | Director | 01 Aug 2023 | 3 Years 2 Months | Current |
Auditor
Magnatech Smartgrid Solutions Private Limited is audited by S P S ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S P S ASSOCIATES | FY 2019 | 012358N |
Shareholding
The shareholding of Magnatech Smartgrid Solutions Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Magnatech Smartgrid Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹2.93 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Oct 2016 | 100061175 | Others | ₹2.93 Cr | Satisfied |
To see the full charge records of Magnatech Smartgrid Solutions Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Magnatech Smartgrid Solutions Private Limited has 10 court cases on record: 10 filed against it. 1 case is pending and 9 are disposed.
Total cases
10
Filed against the company
10
Pending
1
Disposed
9
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 10 | 1 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, West, Delhi | Criminal case | Filed against the company by Teamtech Electronics Ltd | Disposed |
| District court, West, Delhi | Court case (Civ DJ) | Filed against the company by Ms Powrtec Energy P. Ltd.O | Disposed |
| District court, West, Delhi | Cheque dishonour complaint | Filed against the company by an individual | Pending |
| District court, North West, Delhi | Execution petition | Filed against the company by M/S Baker Associates | Disposed |
| District court, Central, Delhi | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Magnatech Smartgrid Solutions 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 Magnatech Smartgrid Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Magnatech Smartgrid Solutions has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAJCM7994F1ZW | Delhi | Active | 01 Jul 2017 |
| 27AAJCM7994F1ZU | Maharashtra | Active | 20 Mar 2019 |
| 09AAJCM7994F1ZS | Uttar Pradesh | Active | 24 Mar 2020 |
To see the full GST registrations and return filing status of Magnatech Smartgrid Solutions Private Limited, buy the company report.
Recent activity
Magnatech Smartgrid Solutions Private Limited has 17 board changes on record since 2015: 2 appointments and 15 cessations. The latest: Shubham Thakur ceased to be Additional Director on 17 Sep 2023.
Ceased
Shubham Thakur ceased to be Additional Director.
Appointed
Shubham Thakur was appointed as Director.
Ceased
Rajat Kanchal ceased to be Additional Director.
Ceased
Tarlok Singh Bhatia ceased to be Director.
AGM
Magnatech Smartgrid Solutions Private Limited last Annual general meeting of members was held on 25 Sep 2021 as per latest MCA records.
Filing
Magnatech Smartgrid Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Delhi Ii.
Ceased
Raveesh Mishra ceased to be Additional Director.
Charges
A charge registered on 28 Oct 2016 via Charge ID 100061175 with Others was fully satisfied on 07 Jan 2020.
Ceased
Rajesh Kumar ceased to be Director.
Charges
A charge with Others of Rs. 292.63 Lakh registered on 28 Oct 2016 with Charge ID 100061175 was modified on 27 Jun 2019.
Ceased
Amit Mukherjee ceased to be Director.
Ceased
Sunil Kumar Chaturvedi ceased to be Director.
11 earlier events are in the company report.
Frequently asked questions
Magnatech Smartgrid Solutions is an active private limited company based in New Delhi, Delhi, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 23 May 2015 (11+ years old) and is registered under CIN U74900DL2015PTC280672.
Magnatech Smartgrid Solutions has 2 current directors:
- Hartinder Singh Bhatia - Managing Director
- Shubham Thakur - Director
The latest financial statements of Magnatech Smartgrid Solutions on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 25 September 2021. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Magnatech Smartgrid Solutions is 07AAJCM7994F1ZW, registered in Delhi. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 27AAJCM7994F1ZU (Maharashtra), 09AAJCM7994F1ZS (Uttar Pradesh).
The CIN (Corporate Identification Number) of Magnatech Smartgrid Solutions is U74900DL2015PTC280672. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magnatech Smartgrid Solutions has 10 court cases on record: 10 filed against it. 1 is pending.
Magnatech Smartgrid Solutions was incorporated on 23 May 2015, making it 11+ years old. It is registered with the Registrar of Companies, Delhi.
Shubham Thakur ceased to be Additional Director on 17 Sep 2023. Shubham Thakur was appointed as Director on 01 Aug 2023. Rajat Kanchal ceased to be Additional Director on 19 Sep 2022. Magnatech Smartgrid Solutions has 17 board changes on record in total.
Yes, Magnatech Smartgrid Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-UP-28-0019027).
The registered office of Magnatech Smartgrid Solutions is at 101A First Floor Plot No 6 T.C Jaina Tower – 11, District Center Janakpuri, New Delhi, Delhi, India – 110058.